Row 74937

Row ID: 74937 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 74937 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Everyone is going to get really mad at this, but “hire a boomer money manager and allow them to invest your cash in the most basic and widespread ETFs that exist” is a strategy that has *literally never lost money* over any 10 year period in modern history. Even if you invested in SPY at the absolute height of the pre-2008-crash market, 10 years later, you’d made money. Why? **Because it’s not gambling.** Of course, the problem for most people who trade options is that the gambling aspect is the whole appeal. But how the hell does anyone look at WSB posts every day and not see the consistent failures as a dire warning? How many times do you have to see other people lose their entire fortune before you realize that you’re not special either? I just don’t get gambling as a vice

FieldValue
text Everyone is going to get really mad at this, but “hire a boomer money manager and allow them to invest your cash in the most basic and widespread ETFs that exist” is a strategy that has *literally never lost money* over any 10 year period in modern history. Even if you invested in SPY at the absolute height of the pre-2008-crash market, 10 years later, you’d made money. Why? **Because it’s not gambling.** Of course, the problem for most people who trade options is that the gambling aspect i…
label r/wallstreetbets
dataType comment
communityName r/wallstreetbets
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1oTEhnUldpYnB5d3g3SlJXbFNySjVkNGVSZDhsWW83SU1KUmFuYjBYQ1RDOXdEaWJxbElmdkN4Qlo1ckZROTJua3RXYmhiRHdPYWhlNFlMQzQ2MDREYkE9PQ==
url_encoded Z0FBQUFBQm5Lak95dUdISlBkRThuRlZfM2VXM2NBT2tOZWxRYVN6dGtsTWh3SVpnYmFlOVNKbWJXS0Nyd3AwTWZDMGhqTzlDbTZtM2FXbVJtbDJhSXRZNnJHOUpDeFJOVVpJc1kycE45Umg4UEFYSEtHUWdCZHY1b21wcnpKbWZJWnIyYjNnNWhCTnMyNWpXa0tjRlgzSDBJeUQ0TDZHb0otR0Y1NlY0N1NYVHNwM0QybkI1ZVBvYURQdlNPbVNBLWw2ZGdvd0djbzlBRWJFWkNFc3JDNmJvSzd0Skh6NUNTdz09

Raw Record

{
  "text": "Everyone is going to get really mad at this, but “hire a boomer money manager and allow them to invest your cash in the most basic and widespread ETFs that exist” is a strategy that has *literally never lost money* over any 10 year period in modern history. Even if you invested in SPY at the absolute height of the pre-2008-crash market, 10 years later, you’d made money. \n \nWhy? **Because it’s not gambling.**\n \nOf course, the problem for most people who trade options is that the gambling aspect is the whole appeal. But how the hell does anyone look at WSB posts every day and not see the consistent failures as a dire warning? How many times do you have to see other people lose their entire fortune before you realize that you’re not special either? \n \nI just don’t get gambling as a vice",
  "label": "r/wallstreetbets",
  "dataType": "comment",
  "communityName": "r/wallstreetbets",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1oTEhnUldpYnB5d3g3SlJXbFNySjVkNGVSZDhsWW83SU1KUmFuYjBYQ1RDOXdEaWJxbElmdkN4Qlo1ckZROTJua3RXYmhiRHdPYWhlNFlMQzQ2MDREYkE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak95dUdISlBkRThuRlZfM2VXM2NBT2tOZWxRYVN6dGtsTWh3SVpnYmFlOVNKbWJXS0Nyd3AwTWZDMGhqTzlDbTZtM2FXbVJtbDJhSXRZNnJHOUpDeFJOVVpJc1kycE45Umg4UEFYSEtHUWdCZHY1b21wcnpKbWZJWnIyYjNnNWhCTnMyNWpXa0tjRlgzSDBJeUQ0TDZHb0otR0Y1NlY0N1NYVHNwM0QybkI1ZVBvYURQdlNPbVNBLWw2ZGdvd0djbzlBRWJFWkNFc3JDNmJvSzd0Skh6NUNTdz09"
}
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