I think between being a cute kid and BEGGING my dad who likes to gamble to invest EVERYTHING on Yahoo! From 1994 until the pets.com Superbowl commercial ad aired, and then just hardlined him into selling, he's probably be able to cut me 10 mil.

Let alone that Id be saying "Microsoft! Coca Cola! Amazon! Apple! Oracle! Pfizer! Johnson & Johnson! Berkshire Hathaway! Wal Mart! And in war years, Raytheon and Lockheed Martin! Intel! Amd! Nvidia!" The whole time.

I'd be a fucking billionaire. Straight up. It would t be gambling, it would be a free money glitch.

Timing Bitcoin right?? Doge?? Get outta here. I'd have more money than anyone on earth.

If I could redo the life I was given with all my current knowledge, 10M would be like the average size of a charity donation or a gift that I would be giving.

[–] SpaceNoodle@lemmy.world 16 points 10 months ago (8 children)

Nobody with money to invest is going to listen to a manic six-year-old.

[–] foggy@lemmy.world 9 points 10 months ago* (last edited 10 months ago) (4 children)

I think you're mistaking how little would need to be invested.

I think my dad would start listening to his god-omen stock predicting son after a few missed billions.

"Dad listen, my college tuition? Fuck it. Put it down on Bitcoin in Jan of 2009 and sell on November 9th 2021 for ~$25T."

I'd have over 10 trillion cash after taxes. Literally would have more cash than anyone on earth.

[–] YtA4QCam2A9j7EfTgHrH@infosec.pub 11 points 10 months ago (1 children)

The problem with betting on illiquid securities is that it would guarantee a change in that securities future. I’d probably stick with a big ocean of money to invest in like blue chip stocks because you personally aren’t going to change the market and if you have foreknowledge you can still make billions.

[–] foggy@lemmy.world 1 points 10 months ago* (last edited 10 months ago)

For something like trying to turn 300k into 25T on Bitcoin, yes, absolutely.

You could 100% become a trillionaire without significantly affecting market positions, though, even with just general knowledge and ~50 $100-$10,000 investments.

Compounding interest is a hell of a drug.

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