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CinSugarBearShakers t1_j0ulhdk wrote

Reply to comment by AutoX_Advice in Social media influencers are charged with feeding followers ‘a steady diet of misinformation’ in a pump and dump stock scheme that netted $100 million by Wagamaga

Nope, 1988. Derivatives is just legal gambling.

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AutoX_Advice t1_j0ulnti wrote

Derivatives and swaps all part of 2008 too. I want old enough in 88 to care. 🤣

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CinSugarBearShakers t1_j0um4g2 wrote

But its part of the history of it. Learn from it or doomed to repeat it? ;)

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AutoX_Advice t1_j0umu5c wrote

We continue to repeat it.... I figure the more complex any investment is the easier of a seller to hide costs and risks. This was the case for 2008 and the case of crypto/blockchain. Nothing like old fashion CDs and stock dividends that are simple mechanics to basic users to understand.

BTW I'm not saving CDs are a great investment strategy just I've someone thinks that.

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