Stock Tips

[Chas.Alpha]

Alright, I am seemingly the WORST stock trader off Wall Street. Does anyone have a hot tip that at least has a chance of not losing 80% in under a month?

Thanks,

CA

[cnov]

Sounds like you trade like me. If you hear about it in the news and think it's a good idea, don't do it. 

[chasy]

Don’t beat yourself up. You’re a great counter party!

[El Presidente]

Charles......Go deep on these  👇

 

 

 

[Chas.Alpha]

6 hours ago, El Presidente said:

Charles......Go deep on these  👇 

Couldn’t do any worse than the winners I’ve already invested in… 😔 

[Chas.Alpha]

😔😔😔

[Malt]

6 hours ago, El Presidente said:

Charles......Go deep on these  👇

What is that?

[Chibearsv]

I’m no better. The money in my mattress is my top performer. 

[loose_axle]

I do believe in having a decent shares portfolio and am working on it but everything I buy is for in 20-30 years time in line with the Warren Buffet method. I couldn't day trade if I tried. 

Unfortunately his wisdom hasn't stopped me being slightly intrigued by the recent-ish introduction of Call Covered ETFs and having a small amount of the NEOS ETFs in the portfolio which give me flexibility to either reinvest or pay the petrol bill (the way it's going I'll be pouring vodka into the tank as a cheaper option). 

[barrygoodvibes]

I have some boring advice. It will absolutely make you a millionaire. It will happen slowly but surely over many years. 

First of all, pay off any credit card debt before investing. You should always be at a zero balance. Nothing will make you poor faster than credit card debt and making minimum payments. 

Now for investing.

There is no such thing as get rich quick.  You are not going to be the next Warren Buffet or a hot shot day trader. So listen to the information below.If you make less than $165,000 a year. Max out a Roth IRA. Maximum contribution each year. Put it all in a Fortune 500 index. Don’t touch it and don’t think about it until you retire.Now, after doing that, or if you don’t qualify because you make too much. See below. 

Put your money in an index fund. Plain and simple. Something like VOO. Maybe a little in QQQ. Set it to reinvest your dividend payouts automatically. Keep adding as much as you can each month. Don’t try and pick stocks. Don’t try and buy and sell stocks. 99% of people fail and most hedge funds can’t even beat an index fund on annual return. If you do this for 30 years then you will retire a multimillionaire.

Or you can invest in stocks you see on CNBC or Reddit. You can log in every day to stare at them. You’ll buy when it’s high and panic sell when it low and you’ll never make any money. The choice is yours.

I wish you way more than luck.  

[ha_banos]

Oh I think I can beat your best performances. Because it's solid state batteries or green energy or it's a novel x-ray imaging alternative. Or it's a new gaming platform concept. Its a sure thing! Can't lose! Surely! -98%, one is delisted. The bank actually sent me the paper certificate. And I've been buying the dip for a few years in a couple of cases. I'm the worst trader. My best investments, cigars, gold, vwrp. And funnily enough these are my longest holdings. This is not investment advice. Well okay, maybe it is. How not to do it. DYOR.

[BrightonCorgi]

This stock has served me well the last couple of years