2025-01-28
9 分钟NPR.
Chris Garver got interested in the stock market around 2010.
I had some savings and I thought there's no point in them being in, you know, savings accounts because the interest was so bad.
Chris started with what he describes as a sensible investment strategy.
He bought shares in a range of large companies listed on the main British stock exchange.
But the deeper I got into it, you start going into forums and people start recommending stocks and you see some of the returns that were happening.
And then that kind of opened up another world.
It was a world of buying smaller, more volatile companies or using special trading contracts in ways that magnify your gains or losses.
Chris remembers investing in one company, prospecting.
For oil news hit of a new discovery.
And in two days I'd made over £80,000.
And I thought, right, you know, I can make some serious money here.
£80,000 is about US$100,000.
And Chris saw what he was doing as investing, an intellectual hobby on the side of his day job in digital media.
What he didn't think was that his trading could be gambling.
This is the indicator from Planet Money.
I'm Waylon Wong.
And I'm Darren Woods.
Buying and selling quickly on the stock market is known as day trading.
And with the dawn of apps like Robinhood and Webull, winning or losing fortunes is easier than ever.