Twitch streamer says: In one month he lost the money in the stock market he would otherwise live on for 5 years

Twitch streamer Asmongold is known for his ideas on MMORPGs like WoW, New World or Lost Ark. More recently, he’s had a lot of success with his streams of the controversial Diablo Immortal. But even if his career is going well, he does not have a strong hand in terms of investments: the fall of many stocks on the stock market has caught up with him.

How much money has Asmongold lost in the stock market? The streamer, in a live stream on Twitch, says he lost over $150,000 in just one month on the stock market.

Speaking to his Twitch chat, he explains:

How many of you have lost money in the stock market – the recession and all? So I lost a lot…$20.00? It would be nice if it was only so little! Do I really have to talk about everything I’ve lost? *groans in pain* That’s over $150,000 in a month. It could be worse? Damn, sure, it could be worse. But I live on $2,000 a month, man.

Conservative investors are also affected by the poor stock market situation

How remarkable is this? There are frequent stories of streamers losing huge amounts of money with risky investments:

Twitch streamer loses $8 million and yells at viewer who advises him not to play

However, Asmongold is considered a reasonable investor who invests in “classic stocks” and growth sectors. He doesn’t think much about things like “NFTs”. He thinks people “lose their minds” when they spend thousands of dollars buying a painting of a monkey.

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But the looming recession in the global economy due to a host of individual issues has also hit these more conservative investors hard in recent months:

  • The NASDQ 100 index has fallen nearly 30% in the last 6 months – this is an index with huge established companies such as Activision Blizzard, Amazon, AMD, eBay, Kraft Heinz, Marvel, Microsoft, PayPal or PepsiCo
  • the S&P 500, which includes the 500 largest publicly traded US companies, fell 20.5%.
  • Normally safe companies like Amazon lost 31%
  • Facebook lost almost 50% under the new meta
  • Tesla is worth 26.7% less today than 6 months ago
  • Riskier currencies like bitcoin are down 56%

So you can see that even “relatively conservative” investors who are actually smart with their money aren’t shocked to suffer major losses on their investments after a stormy market cools at an alarming rate.

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Lots of praise for Asmongold’s humble lifestyle

That’s how it’s discussed: Fans find it even more amazing than the loss of money that multi-millionaire Asmongold lives on just two thousand to three thousand US dollars a month, as he puts it.

In the comments, many viewers are praising the streamer for living so modestly and staying down to earth despite his money. Asmongold is said to be an inspiration to his fans.

Ironically, the (self-proclaimed) “shameless e-girl” Amouranth has a good hand when it comes to investments:

Twitch Streamer Buys Blizzard Stock for $1.7M – Says She Wants to Bring Half-Naked Women Back to WoW

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