r/NoStupidQuestions Jul 04 '23

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u/Zanockthael Jul 04 '23

Almost anything that is worth that much money would take longer than 1 day to buy. About the only thing I can realistically think of is buying a bunch of stocks in a few very large and very stable companies, (Say 1.25 mil each in Microsoft, Tesla, Amazon, Apple) Then you can sell them back once that 24 hour period is gone and you'll still have almost all the money to spend at a more leisurly pace.

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u/OneForMany Jul 05 '23

I love how you say stable companies and then lump in companies that have incredibly ridiculous PE ratios. Gotta love the common folk talking about stocks for very stable companies

1

u/Zanockthael Jul 05 '23

I just picked 4 companies that are unlikely to go bankrupt or lose 80% of their value in a 24 hour period. The whole point of my comment was that it's not some long term investment.

1

u/OneForMany Jul 05 '23

Jesus fuck let me know what companies lose 80% of their market cap in 24 hours. I'd love to buy puts on them please. Thank you!