This is not a vent board or any other kind of therapy. Before you hit the POST button, ask yourself if your contribution will add to the level of discussion going on.

Important notes on articles:

• Please do not copy entire articles into your post; rather, provide links to them.. We are now links-only for ALL Internet publications. If only a small portion of the article pertains to your post, Fair Use allows you to copy those one or two paragraphs, provided you cite the author's name and the publication for which he writes. Otherwise, put a link in the HTTP Link box.
• Even if you're copying a reference to an article, provide a link to the page from which the article came. We're trying to cut down on duplicate topics, and the posting process will check the link to your article to see if it's already being discussed on this board. At the very least, you'll save yourself some grief on the boards.
• If your first reaction after reading the article you're going to share is the author is uninformed / stupid / a jerk / all of the above, it's not worth sharing with anyone. Not every article needs to be discussed. The more the hair-pulling articles are discussed (e.g. ESPN Page 2), the more the authors will write hair-pulling articles.

Post being replied to

I’m on a text chain with my grad school friends. by EricCartman

Six of us:

Two trade their own capital as their primary source of income. One is a beast, one makes about $200k a year.

One works at a bank as a trader, so he is limited to index funds (he can’t hold an individual position for more than 30 days)

One is a pure yolo gambler. He will go all-in with over $100k on a single trade for a week or two at a time.

I’ve always invested in a disciplined asset allocation model. Only recently have I started with individual stocks, and it’s mostly to have fun with these guys.

The other I’m not sure about his investing strategy.

I say all of this to highlight that even within a group of finance professionals, there’s a wide range of investing styles. Everyone does what they think is best/ they are comfortable with. If people want to yolo their savings, more power to them.