The Official Stock Market Thread

[bigdog2003]

Originally Posted by jcardstore

My advice to you is to not be hands on, on a daily basis unless you’re going to seriously dedicate some time to understanding what you are doing.

Otherwise you’re just pulling a lever on a slot machine, placing trades you saw from other people. That’ll inevitably lead to you losing your money

If you want to build yourself a portfolio and start managing your money over the long term, I would suggest starting with some books to understand what that even means. I think the most common book for beginners would be Peter Lynch’s One up on Wall St.

Stay away from the gamified apps like webull and robinhood. Their job is to get you to gamble, not invest.

There are better places for traders but for simple money management Fidelity has the best platform IMO

I've got accounts that are for serious investing that other people handle. I want something where I can buy and sell when I want to. Not daily, that was the wrong wording, but just where I can do it myself. I looked at crypto stuff, but I don't get it at all.