Social investing, a practice embraced by many, carries inherent risks—especially for individuals lacking financial education. The allure of quick gains can lead to perilous outcomes when investors heed misguided recommendations and invest in assets such as meme stocks, penny stocks, or cryptocurrencies like GameStop, AMC, or Bitcoin, right before a market sell-off. This scenario underscores the importance of conducting thorough research and exercising caution when navigating the dynamic world of social investing.
Bob: Hey man, Carly told me to download Robinhood for social investing into this one penny stock. I put $100 bucks into it.
Jason: Did you make money on it?
Bob: Nah man, the company went bankrupt and got delisted! I lost all my money!
Jason: You need to be more responsible with your money!
Jason: Did you make money on it?
Bob: Nah man, the company went bankrupt and got delisted! I lost all my money!
Jason: You need to be more responsible with your money!
by the _bad_investor December 8, 2023
Get the social investing mug.When all you do is post pictures of your boyfriend or girlfriend on social media to the point where people get annoyed
by mam22 October 5, 2016
Get the social media pda mug.Someone who flouts social conventions to gain information from people and then uses the information maliciously.
Luke: She found out that Larry had a few drinks at lunch then told his boss like the social scofflaw she is.
by nighthawk1337 April 12, 2017
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Get the social reject mug.by Deslaur January 28, 2014
Get the Social-tasking mug.Theres not really anything social about social media, if anything, social media encourages people to be distant from each other and in their own little world/bubble. There are people nowadays who won't do anything in life if theres not a picture or video to post and comment about. They live to be seen on social media, YouTube, or reality TV, where everything is staged. What happened to enjoying what you were doing so much at the time that you didnt think to film it, you already missed your opportunity to film it and it didnt matter, you got to be human for a few minutes, you were as close to who you really were as you get, no image. That must have ended in the 90s with VCR's for some people.
Social media provides the illusion of being part of a large network, meanwhile some people are getting rich via this platform. There was a time before social media where people actually knew each other in real life and had actual life experience with the other person, rather than the virtual image of someone on a computer screen.
by Solid Mantis September 9, 2020
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by Hym Iam May 29, 2024
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