stop DAYTRADE and invest for long term

[3]

Daytrading is a extremely high risk investment that will probably make you lose a lot of money.  

Long term investments, on the other hand, can outplay that risk with: fundamental analisis of a company, divesification of your stocks and the reinvestment of dividends.

THINGS YOU NEED TO START BUYING STOCKS:

1 - A broker account
2 - Basic knowledge of financal demonstration
3 - Money to buy stocks (save each month some money for this)
4 - Time to analize good companies and organize your wallet
5 - An excel sheet with your current stocks and its percentage to ajust it towards an ideal stock wallet

RULES OF THE BUY AND HOLD STRATEGY:
1 - NEVER SELL (only if the company lost is fundamentals and you no longer belive that it will prevail in the market)
2 - Don't give a s*** about short term variation. IT DOESN'T MATTER!! IF THE COMPANY IS GOOD THEN THE STOCK PRICE WILL FOLLOW ITS PROFIT
3 - Search about REITs and ETFs they are really good options for divesification.
4 - YOU BUY A STOCK YOU ARE THE BOSS, that means you recive part of the company profit (DIVIDENDS). Use them to buy more stocks and snowball your investments 


DM me if you have any doubts

[7]

Where do you usually look up for a stock and find the information of that stock? I'm a newbie any help would be much appreciate

[3]

Where do you usually look up for a stock and find the information of that stock? I'm a newbie any help would be much appreciate

I use this one. It also has american companies like wallmart, nvidia, p&g, visa, etc... 

I pay $4 per month, but you could search for a free one.