Stocks and Investing

[Funksurfsoul]

Well, for anyone looking for another avenue to stay informed, I’ve started following a guy Keith Bartlett who’s a former pro-options trader. @floorbroker

He’s building a community of investors/traders and is a knowledgeable guy.
His Discord channel is where the community chats/live videos are and where he goes over different trades, charts, market data etc.
He has a subscription service for about 9.00 a month, but this keeps out the trolls and essentially covers he backend expenses.
He also offers free 1 day trials, to see if you like it.
Goes live on Discord 3 times a day, before market open, before market on close, and at 7pm Eastern.
Tik Toks are samples, but see below if you want. About all the info I need from this guy.

TikTok
https://www.tiktok.com/@floorbroker?_t=8ersrsHQzsz&_r=1

Discord Channel:
https://discord.gg/eKNvQhnVYb

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[PrepVet]

Just...

 

[Fly by Nite]

Keep it simple.
I'll use Vanguard as an example, but other brokers such as Fidelity, Schwabb, etc are similar.
60% in broad stock market etf, VTI
40% in bonds, BND.
If you're younger, you can accept more risk and put more in stocks vs bonds.

The most important thing is to save as much as possible when you're younger.... put it in your 401k and let it grow for a few decades. You'll typically double your money every 10 years.

You can try to beat the market, but it's not easy.

 

[amazingjason]

Exxon Mobil stock was 49.53 on Jan 20, 2021. Now it is 106.34.

Jason

 

[NatureMan]

I would really like to start investing but have absolutely no clue where to start.
Anyone has recommendations for me?

Open up a brokerage and Roth Ira ( if your income is below federal limits) accounts and buy S&P 500 etf (voo, spy. Etc). It can even be 5$ a day if you want. You will also want to setup the account to reinvest dividends.

Time in the market is better than timing the market.

 

[Fly by Nite]

I would really like to start investing but have absolutely no clue where to start.
Anyone has recommendations for me?

Hi Alice. Having a % taken from your paycheck to put into a 401k is a great start. Those regular investments will really add up over time.
A standard IRA will take $$ from your paycheck before it gets taxed. You will get taxed on it after you retire and take the money out. A Roth IRA will tax the $$ immediately and then put it into your 401k... and you won't get taxed on it again.
What is best for you depends on a lot of factors... your age, how much you make, your tax bracket, etc, etc.
A great no-nonsense website is at
https://www.bogleheads.org/wiki/Main_Page

John Bogle is the guy that started Vanguard, one of the largest investment firms in the US. He passed away a few years ago but his philosophy lives on.

A financial advisor is another option. But they may be more interested in making money off of you rather than making money for you.

 

[MNBigfoot]

someone still investing in bitcoin?

I got in a 12 cents, got out at $67,397. Follow me for more financial tips, only $8 month.

 

[Jim Borze]

Crypto is more than just numbers; it’s a community. Projects like Dogecoin and Shiba Inu have thrived due to their passionate communities. In 2021, Dogecoin surged by over 12,000%, driven by social media hype and community support. For the latest community trends and insights, visit http://cryptothere.com The key is to engage with the community and stay informed. Whether it’s memes or market moves, the power of the crowd is undeniable. Let’s build this future together, one coin at a time.

The best advice is to focus on long-term growth with low-cost, diversified ETFs like the S&P 500. It’s an easy way to get started, and you don't need to time the market. Consistency is key! Also setting up a Roth IRA is a great way to benefit from tax advantages. .

 

[HomePeace]

I’ve had the same issue of holding stuff too long hoping it’ll rebound or go even higher. I started setting mental checkpoints where I plan in advance when to cut out, regardless of hype. It’s not perfect, but knowing my price targets before getting in really helps take the emotion out of it. Lately I’ve been looking more into Solana tokens since they seem to have faster movement and sometimes better liquidity. I’ve been watching what’s trending by checking trading activity, stumbled across this way to generate organic volume on Raydium, https://solana-volume.com/raydium. Makes it easier to spot tokens gaining real traction.

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