what s the story to you? - [sighs] i think the story is abouta group of idiots, a very large group of idiots, who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. frankly,that s just not realistic for our generation. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. life s just not fair.the world is a harsh place and the stock market was justthe purest form of yolo. [music playing] reporter: stocks up againthis morning, 12%. short sellerscontinue to get hurt by the thread wallstreetbets and other retail [interposing voices] reporter: all this whiningby wall street, it s making me sick. reporter: this is populismcoming for capi
i didn t know what to do. you know, iwent from working, owning a business,working 60, 70, 80 hours a weekto i can t do anything. and i thought, at the time, i had little extra moneyin the savings account. so i thought, it s justsitting there in the savings account. let me see what it can doon the market. maybe if i m smart,pull a warren buffett move, it ll take its timebut i ll get some winners. you never know untilyou play the game, right? matt kelly:we had $1,000 to our name. we were behind on rent. my car had justgotten repossessed. i m also working on getting my va disabilityback pay from 2015. literally, two weeksafter i did that, $100,000 shows up in my bankaccount, and my jaw hits the floor. my wife and i are like,this is life-changing. i m already on redditlooking at, how do i invest a windfall? you know, you read 50,100 comments and you takelike the most common one open a roth ira, pay off your vehicles, put the remainder of itin a vanguard
matt kelly:we had $1,000 to our name. we were behind on rent. my car had justgotten repossessed. i m also working on getting my va disabilityback pay from 2015. literally, two weeksafter i did that, $100,000 shows up in my bankaccount, and my jaw hits the floor. my wife and i are like,this is life-changing. i m already on redditlooking at, how do i invest a windfall? you know, you read 50,100 comments and you takelike the most common one open a roth ira, pay off your vehicles, put the remainder of itin a vanguard total market fund, right? at this point, i had neverinvested anything, ever. - so i was spending every day just kind oflooking at numbers and seeing portfolioson the phone. and it s like,ok, so airbnb is, like, $176. under armour is $17. and i m looking at thesethings and i m like, well, what can istart investing in?
owning a business,working 60, 70, 80 hours a weekto i can t do anything. and i thought, at the time, i had little extra moneyin the savings account. so i thought, it s justsitting there in the savings account. let me see what it can doon the market. maybe if i m smart,pull a warren buffett move, it ll take its timebut i ll get some winners. you never know untilyou play the game, right? matt kelly:we had $1,000 to our name. we were behind on rent. my car had justgotten repossessed. i m also working on getting my va disabilityback pay from 2015. literally, two weeksafter i did that, $100,000 shows up in my bankaccount, and my jaw hits the floor. my wife and i are like,this is life-changing. i m already on redditlooking at, how do i invest a windfall? you know, you read 50,100 comments and you takelike the most common one open a roth ira, pay off your vehicles, put the remainder of itin a vanguard total market fund, right?
my car had justgotten repossessed. i m also working on getting my va disabilityback pay from 2015. literally, two weeksafter i did that, $100,000 shows up in my bankaccount, and my jaw hits the floor. my wife and i are like,this is life-changing. i m already on redditlooking at, how do i invest a windfall? you know, you read 50,100 comments and you takelike the most common one open a roth ira, pay off your vehicles, put the remainder of itin a vanguard total market fund, right? at this point, i had neverinvested anything, ever. - so i was spending every day just kind oflooking at numbers and seeing portfolioson the phone. and it s like,ok, so airbnb is, like, $176. under armour is $17. and i m looking at thesethings and i m like, well, what can istart investing in? matt kelly:i was on reddit looking atall these different things, and then i started comingacross wallstreetbets.