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I discovered that Little Red Book is truly a low-IQ zone in the investment world.
In January this year, the entire timeline was filled with people buying gold, and some were even borrowing money or selling houses to buy it.
In February this year, the entire timeline was all about trading US stocks. My wife said seeing others make money made her want me to open an account for her to trade too. I said open a practice account instead—if you make money, I'll give it to you, and if you lose money, you give me half. Consider me your counterparty.
So she carefully selected $NVDA at 205, $GOOGL at 340, $TSLA
at 400, and now this month it's all about Chinese-Korean semiconductors and vintage gold selling at a 10% discount—it's dropped from a 2% discount to a 7% discount, and I have no idea how far it is from breaking par....
Investing is actually very simple—no matter when you buy, just sell when Little Red Book is buzzing with activity.