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INVESTING

by charith123 - 01 February, 2019 - 04:21 PM
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#9
Look into forex trading, I recommend investing in that once you have learnt enough
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#10
(04 February, 2019 - 05:46 PM)cakkerino Wrote: Show More
Everyone's opinion is different, if you think that its worth it, invest, don't ask just invest, but only that much money what you can afford to lose.

This. Sometimes the longshots pay off. Considering how risky it is though I would expect to lose going into it. I've been holding for a year now and don't expect it to go up anytime soon.
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#11
(This post was last modified: 11 January, 2020 - 12:43 PM by fuckingdegenerate.)
Honestly I keep it simple and use Fidelity's FID 500 just because I'm investing little to pay off college/car bills first. Not an expert.

For long term investments, go for a low fee index like the S&P 500 index fund. Easy and cheap/minimal fee. Index funds are a combination of multiple stocks, and usually recommended for long term investments for 10%/year on average. Indivisual stocks could jump or crash, so if you do go for individual, make sure to not put all your eggs in one basket.

For short term, well, don't expect to make money without a great amount of luck/knowledge. Yes thousands of people live off of investing in the stock market, but there's also thousands who lose $x,xxx's of money in it. Don't spend too much, and be expected to lose some of that money.

IMO, use your 401k/Roth IRA to invest to save, but if not, use it for entertainment.
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#12
yes of course
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#13
Only gamble with what you can afford to loose
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#14
Just ETF bro
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#15
Bitcoin - invest in a few as a gamble can pay off
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#16
The replies in this thread haven't aged well...

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