What really needs to exist as ideas don't matter and execution does.
Let me sign in, hook my brokerage, then just track me versus the rest.
If you like what I am doing, let you follow me for a percentage of profits I want, and the system auto executes the trades I am making in your for you.
That is definitely one way to approach it. eToro (copy trading) already exists and commonstock is similar - you can see someone portfolio and % holdings but not their $ amount. We are focused on investment ideas, social engagement, and building a community.
How do you know the person's ideas are useful is my issue. With Reddit you have all sorts of comments, and you have no idea if this person is posting random ideas, or if they are actually good at what they do. The issue is who is going to engage here is my concern. StockTwits has it by stock which works and creates a conversation. Here the main page has daily stories, so the conversation has to occur right away.
Equating posts (news) with a change in price is not an investment idea. Most of the time, the news is counter to the way the stock moves in the short term. I think you need to find a way to differentiate yourself. The UI is nice and all the info available is great however I think you need a something to provide to your end user with respect to engagement/community, but news stories die so fast it's hard to create a conversation around that.
Everything you "think," is wrong. Go research data and make an informed decision when you see a causation not related to correlation. It's fairly simple. The market is trending up right now.
His math and sentiment is correct. In real life, if he tells Bob to invest all his investment saving in an index fund with less than 5 years before retirement (all his investment at this point will be 100% allocated to stocks), Ben should lose whatever license he holds.
"Second, he allowed his investments to compound through the decades by never selling out of the market over his 40+ years of investing. He gave himself a really long runway."
I don't think you get my point, but that's OK. Ben's example is wrong because he's suggesting someone to hold 100% equity all the way up to the end, which is wrong in most cases.
"Obviously, this story was for illustrative purposes and I wouldn’t recommend a portfolio consisting of 100% in stocks of a single market in the S&P 500 unless you have an extremely high risk tolerance. Even then a more balanced portfolio in different global markets with a sound rebalancing policy makes much more sense."
I hate to respond to this "rigged" word but the markets are rigged except not in the way you think. If you try to bet on value plays you will never succeed. If you bet on the stocks the hedge funds support, you will succeed. Go against them and your account will just die. Learn to see what they want and that's how you join the house. It's just hard for a regular person to understand that.
$100MM on memes? I wouldn't give you my strategy but my returns are easily 100% per and higher. It's not meme stocks, but my data came up for GME a few days ago at $57 and then again today to buy shares. I don't like the signal at all but have to follow the system so it can learn or teach me.
Don't worry if they get big enough and don't join the capital markets they will get killed off. It's hard to do real business with a fortune 500 if you aren't listed. Look at SurveyMonkey they ended up relenting.
