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Billionaire investor Elon Musk triggered a flood of Twitter users asking him for financial advice after he posted a single tweet — just one — with just some generic advice about trading the markets.
“Since I’ve been asked a lot: Buy stock in several companies that make products & services that *you* believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term,” he tweeted early Sunday morning.
Within hours, the tweet produced nearly 15,000 replies, many of them from young investors eager for advice. Since I’ve been asked a lot: Buy stock in several companies that make products & services that *you* believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term. — Elon Musk (@elonmusk) May 1, 2022 But hilariously enough, Musk’s points flew right over the heads of many of these young, eager investors.
For instance, he told them to buy stocks in companies THEY believe in. Yet in response, they essentially asked him what stocks he believes in.
Look: Which stock to invest? — Jotirmoy26 (@jotirmoy26) May 1, 2022 What should i buy Now @elonmusk , can u suggest me? — amit malhan (@_Amitmalhan) May 1, 2022 Sir what should i do i am 18 now and i also want to have some change can you please say in one word? — Shivansh Garg (@AILYAILYTMD) May 1, 2022 What should I buy boss, lose 100k from crypto and stock the same time, tw??? Or tsl er? Or what is next? — Winson (@Winson43862792) May 1, 2022 Elon, what companies make products that […]
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