It's never a bad time to invest in the stock market. If you don't know which companies to invest in, just buy SPY and enjoy the next 4 years of Trump gains.
Only invest money you can afford to lose. It won't start off as a huge gain but it will be much less anxiety. Like quit some vice, save $1000 a year, put that into the stocks. It's money you would have wasted on something stupid anyway.
If you're investing a large amount of life savings, then utilize a solid broker. Look for an ethical company with easy to reach employees whom you personally get to know by name.
Never invest more than you can afford to lose at any given moment, especially if you're doing it on your own.
Read, study, and learn about the potential investments you're eyeballing, and follow your educated instincts on it.
Diversify, and never put all of your eggs into one basket. Not only does this mean that you should never go all-in on one stock, but it also means that your holdings should be diverse in terms of assets (i.e., cash, house, land, etc.). This will save you against a complete disaster should a downfall occur in any given area.
Although short-term rockets are awesome and do occur, just remember that it's best to plan for the long haul. So long as you're steadily gaining and not losing, you're doing alright. There will ALWAYS be dips and bad days, but if the general trajectory is upward then you're GTG.
Don't panic. One stock I recently purchased went back down from a dramatic rise all because of politics, but my overall investments are still blazing. I'm still holding onto the lowered shares as well, because I know it can go back up if the politics butts out. Regardless, I'm still covered because what do I have is diverse enough to still be well into the green. In fact, one of the stocks which first got me into all of this had some serious drops when negative merger news emerged every once in a while, but I seriously made out on it because I played the patient game.
Yeah I'm a bit nervous about current valuations. I think they're too high and due for a correction. Long term stocks are fine but sometimes they can go through a decade long dip.
It makes no sense to expect a significant correction or long dip during Trump's presidency.
Current valuations, as a whole, are still undervalued when you look at the % of all assets allocated to stocks compared to bonds and cash. There's going to be trillions of dollars pumped into the market by the time the % allocated to stocks returns to historical norms.
Yes, stocks are definitely inflated while the rest of the economy is down due to Kung Flu. Only reason it's up the way it is is because of pure confidence in Trump.
I put $74 on Tesla at the end of March. It’s now worth $481.06. I know that’s not a lot of money, but I started investing in January, and have invested $50 a week ever since. It’s already starting to add up and it feels good man. Congrats on the win!
Do this for years and you will have money for life. Constant contributions are the key.
I am a retired widow. My H and I always invested in retirement funds. Before he passed away, his company bought out his retirement and it was a large check that went straight to the retirement fund.
Since Trump has been in office, I have made $293,000 profit on a pretty conservative mix of bonds and a diversified fund. When O was there, my funds barely grew. Trump has actually made me a millionaire! Even so, I am scared to death the Dems could steal the election, so I have cut back on my spending.
I bought CELH at $4/sh in May and just sold at $21/sh. Bought IIPR at $73/sh and just sold at $123/sh.
Now I'm getting in on the airlines and cruises, because they probably aren't going any lower, especially once more and more restrictions are lifted. Buy low, sell high!
If I only had $500 extra and wanted to invest in stocks what would I be able to spend on for $50 twice a week/month? Idk anything about stocks. Any advice on where to learn is appreciated. : )
Wish I did. Made bad decisions in the past, stocks, crypto, now am frozen and gun shy.
It's never a bad time to invest in the stock market. If you don't know which companies to invest in, just buy SPY and enjoy the next 4 years of Trump gains.
What's our saying for this? Stand Strong, Get Rich.
How does one learn? Where to start? I am willing, but ignorant. :o
Look up some of John Bogle's books. Good place to start.
Only invest money you can afford to lose. It won't start off as a huge gain but it will be much less anxiety. Like quit some vice, save $1000 a year, put that into the stocks. It's money you would have wasted on something stupid anyway.
If you're investing a large amount of life savings, then utilize a solid broker. Look for an ethical company with easy to reach employees whom you personally get to know by name.
Never invest more than you can afford to lose at any given moment, especially if you're doing it on your own.
Read, study, and learn about the potential investments you're eyeballing, and follow your educated instincts on it.
Diversify, and never put all of your eggs into one basket. Not only does this mean that you should never go all-in on one stock, but it also means that your holdings should be diverse in terms of assets (i.e., cash, house, land, etc.). This will save you against a complete disaster should a downfall occur in any given area.
Although short-term rockets are awesome and do occur, just remember that it's best to plan for the long haul. So long as you're steadily gaining and not losing, you're doing alright. There will ALWAYS be dips and bad days, but if the general trajectory is upward then you're GTG.
Don't panic. One stock I recently purchased went back down from a dramatic rise all because of politics, but my overall investments are still blazing. I'm still holding onto the lowered shares as well, because I know it can go back up if the politics butts out. Regardless, I'm still covered because what do I have is diverse enough to still be well into the green. In fact, one of the stocks which first got me into all of this had some serious drops when negative merger news emerged every once in a while, but I seriously made out on it because I played the patient game.
Diversify.
They can’t crash the market because Trump will put us back on the Gold standard if they do. We have the gold. A lot.
Thats the plan :) Trust it
James Woods already had "Fuck you Hollywood!" money.
Yeah I'm a bit nervous about current valuations. I think they're too high and due for a correction. Long term stocks are fine but sometimes they can go through a decade long dip.
It makes no sense to expect a significant correction or long dip during Trump's presidency.
Current valuations, as a whole, are still undervalued when you look at the % of all assets allocated to stocks compared to bonds and cash. There's going to be trillions of dollars pumped into the market by the time the % allocated to stocks returns to historical norms.
Yes, stocks are definitely inflated while the rest of the economy is down due to Kung Flu. Only reason it's up the way it is is because of pure confidence in Trump.
I put $74 on Tesla at the end of March. It’s now worth $481.06. I know that’s not a lot of money, but I started investing in January, and have invested $50 a week ever since. It’s already starting to add up and it feels good man. Congrats on the win!
Do this for years and you will have money for life. Constant contributions are the key.
I am a retired widow. My H and I always invested in retirement funds. Before he passed away, his company bought out his retirement and it was a large check that went straight to the retirement fund.
Since Trump has been in office, I have made $293,000 profit on a pretty conservative mix of bonds and a diversified fund. When O was there, my funds barely grew. Trump has actually made me a millionaire! Even so, I am scared to death the Dems could steal the election, so I have cut back on my spending.
I bought CELH at $4/sh in May and just sold at $21/sh. Bought IIPR at $73/sh and just sold at $123/sh.
Now I'm getting in on the airlines and cruises, because they probably aren't going any lower, especially once more and more restrictions are lifted. Buy low, sell high!
Never bet against America
I made over 3000%.
Yes. THREE THOUSAND PERCENT.
Thank god for OSTK!
If I only had $500 extra and wanted to invest in stocks what would I be able to spend on for $50 twice a week/month? Idk anything about stocks. Any advice on where to learn is appreciated. : )
Bitcoin and Gold, this is your last chance.
you should thank me for not going in. oracles never benefit from their foresight.
Now THAT, is putting your money where your mouth is!
he needs a better investment broker. mine went up 73%
the balls on this guy....!!!!
Woods is a smart guy. Very high IQ.