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Picking stocks like that is not considered a good way of investing your money (unless its a small portion which you specifically don't expect to appreciate). I
by pm90 9y ago
Picking stocks like that is not considered a good way of investing your money (unless its a small portion which you specifically don't expect to appreciate). I urge you to reconsider your financial planning and perhaps take a look at ETF's.
- peoplewindow 9y agoMaybe not, but it worked out pretty well for him.
- kc10 9y agowell, I do invest in ETFs and also pick the stocks I believe in and invest for long term. Since I average it out over several years by investing fixed amount every 15 days, it worked out pretty well for me. (esp. investments in BTC, ETH worked out great :-) ). But I agree I might lose in few of these (or most) I pick and I am okay with that.
- givehimagun 9y agoThey used to make us play this game in finance classes in high school. Everyone starts with $100k and invests however they want and you just have to keep track of it. At the end, the class compares what we earned against the class. My class 90% lost money, 9% broken even, and 1 person got a ridiculous return. I learned from that, just invest in the index. Remember, you have to make more/less than everyone else...a nominal return of 20% doesn't mean anything if everyone made 50%. Last year, the NASDAQ earned nearly 30% two years in a row - that's par.