Don’t let others talk you into making weird investments.

Did you know that most people who win the lottery don’t tell their friends or family about it? It’s because whenever someone suddenly comes into possession of a large sum of money, people come out of the woodwork trying to pressure them into handouts and investments. Whether it’s because they have a personal stake in a stock’s development, or they invested themselves and just want you to join them, certain kinds of people will try to pressure you into making weird investments that are best left alone.

The rise of meme stocks are a good example of this. Meme investing, while certainly funny and Twitter-worthy, more than likely isn’t going to land you any genuine payoff, at least if your only investment goal is to roll with the meme. It’s anyone’s guess how long the meme will be trending, and the moment it stops, the whole house of cards falls apart. That’s not a house you want to be standing under.

Penny stocks can also be surprisingly high-risk. Someone might say to you “let’s invest in this cheap, crummy stock, just for laughs!” Cheap stocks present their own unique risk, though. Because they’re so cheap, you probably won’t think anything of just buying up a big stack of shares. The thing is, penny stocks are cheap for a reason: because no one cares about their development. If you buy up a hundred shares at $1 per, that’s a hundred bucks you’re probably not getting back. There’s no point in investing in something that won’t yield any substantial profit.