Quote:
Originally Posted by Nlkko
You need to do more research if you want to do it your own. Takes a long time to be a successful investor. Could takes years and years to learn and blow up many accounts to learn. I have blown up multiple accounts (small 5-10k) before it gets decent for me.
To earn a regular income out of it steadily is even harder. Long term (10, 20 years +) is more straight forward. Invest in companies whose products you love to use.
There is no getting rich quick and most investors lose their money looking for that.
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Quote:
Originally Posted by m4k4v4li
um no lol
trade stocks that are under/over valued based on their prospectus and learn to evaluate spreadsheets and ratios ie ROE, EV, book value, P/E, debt-equity etc like its nobody's business
also learn how the market has reacted historically in different market scenarios which may help you identify trends
major key to success as DJ Khaled would say
they dont want you to win
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invest in something you understand but also at a price that makes sense! doing one or the other will straight up screw you over.
keep in mind, if you ask 10 different people, you will get 10 different investment philosophies. listen to each and evaluate against your own criteria.. no copy and paste shit.
keep investing boring. because boring works.
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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