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Suggesting short term trading to someone without any experience or proper investment thesis is ill advised.
by hkmurakami 9y ago
Suggesting short term trading to someone without any experience or proper investment thesis is ill advised.
- mittermayr 9y agoAs I said in my post, it's certainly not good advice. "There will be lots of people advising you against this, and that's absolutely correct." It's merely a personal tale of what works for me. I'm not a financial advisor, and I am not here to teach nor preach.
- hkmurakami 9y agoI think your points about expenses as a ratio vs your investment principal and/or investment yield is a good way to view the magnitude of expenses. Your concentrated stock exposure requires someone to be a professional trader, which generally speaking is a losing game for most of us.
- cjsuk 9y agoAware of this. I'm not inexperienced, just skeptical of some modern investments.