"And the history of people building economic security through this type of trading activity is pretty rare," he noted. NYU's Galloway said this approach is similar to "going into a casino, and that is you're not investing, you're gambling." He said a lot of his friends treat investing "almost like a game" and admitted some have even lost their savings. Creating a website for your business requires a domain name and web hosting. Depending on the features of the website, it can cost as much as 30,000. You may have to pay more if you have specific goals. Still, the stock's "only worth as much as people think it is," Bublick added. How Much Does It Cost To Build A Website From Scratch It is possible to build a simple website for a small business for between 100 and 500. I mean, I know personally near where I am, I've seen probably four or five GameStops shut their doors within the last year or so." "Do I think that GameStop is worth $220 a share? No, I do think that retail as a whole in-person is kind of dying out. He explained how the community was able to move markets by saying, "they're pulling it up by posting about it" and that helps "increase the price based on the demand for the shares." Still, the student admitted that a lot of his trading ideas are "very impulsive," and "a lot of what people do is basically gambling." You can do it all from your phone."īublick is also an active reader of the r/wallstreetbets subreddit, saying that while a lot of it is satire or jokes, "I do think that subreddit has a lot of good advice on there once you can kind of sift out what people are just saying in general to kind of take out what's actually worthwhile." "You don't have to hit up a normal broker or anything like that to do it. FakeApp is a program that lets you create masks capable of swapping faces on videos by means of the artificial intelligence developed by a Reddit user. "It makes it accessible to a wide variety of people," he said. 15, 2020.Ĭameron Bublick, 20, a student at New Jersey's Rutgers University, told ABC News that every day after he wakes up, the "first thing I do is go on Robin Hood and check out the app."īublick noted that Robin Hood gets rid of the traditional barriers to entry for people wanting to dabble in the stock market, saying it is "available, basically, to everyone with a smartphone." A woman wears a face mask as she walks past a GameStop store in Des Plaines, Ill., Oct.
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