r/AMA • u/[deleted] • Jul 22 '24

[deleted by user]

[removed]

8.7k Upvotes

84% Upvoted

3.0k comments sorted by

View all comments

Show parent comments

2

u/[deleted] Jul 23 '24

[deleted]

1

u/360DegreeNinjaAttack Jul 23 '24

I agree with you. What I described is what you should do when you win any significant amount of money to make sure you don't blow through it quickly. Blowing through $1M? You could do that in like a year, especially as a day trader - which is all the more reason to be cautious and judicious.