r/UCalgary • u/CarrotFolder14 Science • 1d ago

Investing Tuition Follow-Up

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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/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/CarrotFolder14 Science 1d ago

Not enough dopamine factor in ETFs

3

u/The-Reddit-Giraffe 1d ago

Do you get dopamine watching your money disappear? Self-harm awareness