4 ms·
I don't have the necessary financial knowledge to learn how to trade efficiently. I know it's now just buy low, sell high. The problem is when and what to buy.
by ipop 6y ago
I don't have the necessary financial knowledge to learn how to trade efficiently. I know it's now just buy low, sell high. The problem is when and what to buy.
The only thing that I could do regarding this is use a platform like etoro and their copy feature.
- joe_91 6y agoThats the great thing about Exchange Traded funds which track an index - there's no thinking to do just invest in the fund for example this is a popular one: Vanguard S&P 500 ETF (VOO) And when you buy this you are effectively buying, Apple, Amazon, Google, Johnson & Johnson, Procter & Gamble Co, NVIDIA etc because the fund will go ahead and buy all the largest 500 US companies weighted by market cap. The S&P500 has returned an average of 12% a year for the last 10 years.
- ipop 6y agoFound something interesting - https://www.upmyinterest.com/article/investportfoliolt https://www.upmyinterest.com/article/investportfoliolt SP 500 was -5.9% in 2018, but it went up to 31% in 2019...pretty fair.