How To Meme Invest For Beginners

How to meme invest for beginners

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This is how you can meme invest for beginners. When lambo? This is how you can start meme investing into a million dollar meme portfolio.

I live in Las Vegas which was built on chance – now there’s a lot of different ways of playing whether it’s playing the lottery, playing Black Jack, picking magic as your career, or uncontrollably YOLO’ing all your money into meme stocks. The point is, not all risk taking is created equal.

THE BACKSTORY

I made a video about this social movement of fighting against the hedge funds and using MOASS – the mother of all short squeezes and gamma squeezes to boost the price of stocks with AMC and GME which I released on Monday and the timing of that video could not have been more perfect.

At the time of making that video which was filmed on Sunday May 30th, the stock was $26.10. When the market opened up Tuesday, June 1st – nothing too exciting happened, it went up to $32 – but by Wednesday it closed at $68. That’s a growth rate of roughly 160% in 2 days. When you compare that to the S&P500 which is how I learned about sensible investing, (which grows 10% – in a whole year) you start to realize – maybe there’s something more to this?

WHY MEME INVESTING IS HERE TO STAY

This movement started in 2008 during the financial collapse when banks decided to get greedy and loosen their lending requirements which created an artificially inflated real estate market. On top of that, central banks and hedge funds created complicated investments called CDOs or derivatives where they sold bad investments to pension funds – the retail investor – the average person on Main Street not only lost their home, their job, but also their pension and retirement funds. It took down the entire economy with it.

Instead of being held accountable, Wall Street was bailed out with $700 billion dollars where they then took the money and paid themselves a bonus and we were left holding the tax bill. We were told that they learned their lessons and that was the end of that. Everything was under control. “Trust us.”

THE AFTERMATH:

Then 2020 happened and it reminded us of something. 2020 shined a spotlight on the inequality between the richest and the poorest people of this country. 2020 was the year that made the rich even richer – the net worth of billionaire CEOs increased double digits, and the poorest people of this country were left behind. While all of this was happening, our politicians sat in Congress, in session – while we were paying them to debate whether they should give us a second $1,200 stimulus check. People had to find ways to make money while sitting at home – and they did. Enter meme investing.

THE RULES ONLY APPLY TO THE RICH:

When Reddit exposed the weakness where Wall Street shorted more shares than there were available to buy, the hedge funds lost billions of dollars, we also learned the rules didn’t apply to everyone. Investors who participated in what’s called a “short squeeze” were locked out and their ability to buy more shares and were stopped by brokerages like Robinhood. Many of the industry practices that exist today were called into question. This is why we have the rise of meme investing, it’s a way of protesting against the corrupt power of hedge funds and Wall Street.

SHOULD YOU MEME INVEST?

My personal approach is to support these movements knowing full well that my investment could lose a majority of it’s value. However, the price is worth the admission of holding Wall Street accountable and holding them to a higher standard for all retail investors. I won’t dedicate more than 1% of my net worth into investing into meme stocks but I will “diamond hand” it all the way. As long as you are diversified, responsible, and this approach represents a small portion of your portfolio, it’s fine to like the stonk.

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

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