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Totally agree. For OP as a young investor I would suggest creating a learning account for experimenting with higher risk trading strategies. For investment pu
by JacKTrocinskI 6y ago
Totally agree. For OP as a young investor I would suggest creating a learning account for experimenting with higher risk trading strategies. For investment purposes SPY and QQQ, just not before the election because too much volatility right now.
- Shatnerz 6y agoThis is a bit confusing. You say > of course as the old saying goes time in the market beats timing the market but you also directly contradict it by saying to wait until after the election.
- JacKTrocinskI 6y agoYeah, to me it's sort of obvious that we just entered into a market correction right now but for someone who is new to investing I guess just invest every month a lump sum and go for it. Every month buy some SPY and you'll average out and won't have to time the market.
- marketgod 6y agoAre you considering this a correction and we are going lower? It's definitely a strong market right now. There is nothing bad happening except weak hands folding. Timing the market > Time in the market is my motto so your previous comment has me intrigued.
- JacKTrocinskI 6y agoNASDAQ correction, 10850 broke, I can see this retracing to 10250.
- marketgod 6y ago10250 is about $300 on SPY. I don't think that's happening. Getting into TSLA tomorrow Oct 02 $450.00 Calls with $8.00 buy stops.
- deleted 6y ago[deleted]