Stocks and investments

nodle

Cheesemonger
Administrator
The problem is you are just doing it for a quick buck. To be an investor, you have to have a steady hand through the ups and downs, for years. Time in the market beats timing the market as they say.
taraji p. henson no GIF by Empire FOX
 

ndboarder

Bill Gates' Gimp
Members
As @jmanz put it, time in the market beats timing the market. @ryanator also had a good point with the growth funds that can average 10-15%.

Day trading is risky as hell and anything I've seen or heard is that 90% or more of those that try don't beat the market average. A lot of folks jumped in recently with all the publicity, but it's easy to do well the way the market was going. Huge drop in Feb-Mar 2020, took only a few months to fully recover and just kept on going up. You could've put just about any stock ticker out of a hat and made money.

Safer and easier to just grab some total market funds like VOO or SPY, or some sector specific funds like QQQ for tech.
 

jmanz

I bought you the sims
Members
As @jmanz put it, time in the market beats timing the market. @ryanator also had a good point with the growth funds that can average 10-15%.

Day trading is risky as hell and anything I've seen or heard is that 90% or more of those that try don't beat the market average. A lot of folks jumped in recently with all the publicity, but it's easy to do well the way the market was going. Huge drop in Feb-Mar 2020, took only a few months to fully recover and just kept on going up. You could've put just about any stock ticker out of a hat and made money.

Safer and easier to just grab some total market funds like VOO or SPY, or some sector specific funds like QQQ for tech.

I will add a few fund names. Growth- QQQ, IWF. Total Market Funds- VTI, DIA, SPY. Dividend Growth- VIG, DGRO. Yield- VYM

Set it and forget it. I prefer to pick my own stocks in my brokerage (my retirement accounts are in total market funds) however, I will probably be doing a fair amount of VTI in the future.
 

ndboarder

Bill Gates' Gimp
Members
I will add a few fund names. Growth- QQQ, IWF. Total Market Funds- VTI, DIA, SPY. Dividend Growth- VIG, DGRO. Yield- VYM

Set it and forget it. I prefer to pick my own stocks in my brokerage (my retirement accounts are in total market funds) however, I will probably be doing a fair amount of VTI in the future.
I have my own picks in brokerage for the most part as well, but mostly all long term holds. I have had an occasional swing trade, picking up something when it dipped and selling after days/weeks/months after a rebound
 

jmanz

I bought you the sims
Members
I have my own picks in brokerage for the most part as well, but mostly all long term holds. I have had an occasional swing trade, picking up something when it dipped and selling after days/weeks/months after a rebound

I have around 20 individual positions and most are companies that I've held for several years. And by no coincidence, they are the best performers in terms of gain percentage.
 
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