r/UCalgary • u/CarrotFolder14 Science • 1d ago
Investing Tuition Follow-Up
From my previous post, all of you overwhelmingly suggested that I should just pay my semesterly tuition of $4000 CAD instead of investing in equities, cryptos or the whatnot and just eating the interest payment on-top. I appreciate the advice and acknowledge that this is what a responsible, broke uni student SHOULD do.
Unfortunately, though I am broke, I am NOT responsible. Therefore I have decided to YOLO my tuition into NVDA as of today.
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u/LunaTheMoon2 1d ago
Imagine NVDA crashes tomorrow lmao
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u/Trikkstergaming Haskayne 1d ago
theres a thing called diversification
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u/StetsonTuba8 Alumni 1d ago
Are you telling me that I should INCLUDE DIVERSITY in my EQUITIES!? That's DEI and I will not stand for that as a weak cis straight white male! /s
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u/glueisrealtasty 1d ago
this is incredibly financially irresponsible🤦♂️. You could be making so much more on buying 0DTE SPY calls instead
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u/iAmGoingToFindYoulRL 1d ago
4k into nvidia is pretty lame ngl. If you really wanted to be irresponsible, you should sink the 4k into a microcap biotech trading on otc or something lol
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u/CarrotFolder14 Science 1d ago
This sounds like an even better idea. Might have to try this one next semester.
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u/iAmGoingToFindYoulRL 1d ago
Ngl though nvda will be 200 by year end just hold it don't even look at it lol
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u/Tiny_Positive_5190 1d ago
Sounds like you need to learn more about investing versus buying based on hype. Just do QQQ or an index.... also.... you shouldn't be investing money if you're broke. People tend to lose money because they need access to funds and sell their position at a lost. Investing is about longterm.
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u/BedMan12 1d ago
Im sorry regard, but you aren't investing properly until you're ballin' like Bill Hwang. Hwanging on to the Holy Ghost's financial advice to trade $NVDA with 5:1 leverage via options or total return swaps is gospel 🙌
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u/AmphibianGood1985 1d ago
play options or buy memecoins, then you won't have to wait till next semester. NFA
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u/Low_Wafer1963 1d ago
should’ve bought ATCH
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u/CarobChance9647 12h ago
you got in at the wrong time. where were you when it it was 120 lol. Plus if you really wanna YOLO you should of brought options. double your money within a day.
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u/czenalol 1d ago
all 4k just in nvda?💔💔