Anyone invest on the stock market?

[JohnB445]

if so I was wondering where are good resources to learn about using the stock market.

 

[USincognito]

Motley Fool has been a good source of common sense investing advice.

From my personal experience as an individual stock holder for 20 years, so called "widow and orphan" stocks are a good choice when you're starting out. People will always need food, utilities, housing, etc. Find stocks related to those things. I have about a hundred shares of Wisconsin Energy and the dividends dwarf what I'm getting from CDs and savings accounts. I wish I'd bought a hundred more back in the day.

 

[John Bowen]

My thoughts from learning the hard way is its gambling . People put a small investment in with the promise of much greater rewards .It goes against the Jesus teaching of the multiplying of talents. In 08 the whole thing could have collapsed and whats changed since ? . Just in the last weeks it dropped 1000 points . What if it drops back to 10,000 people will lose half their retirements ? .

 

[USincognito]

My thoughts from learning the hard way is its gambling . People put a small investment in with the promise of much greater rewards .It goes against the Jesus teaching of the multiplying of talents. In 08 the whole thing could have collapsed and whats changed since ? . Just in the last weeks it dropped 1000 points . What if it drops back to 10,000 people will lose half their retirements ? .

Two rules for investing in stocks.
1. Don't invest money you don't have or cannot afford to invest.
2. Invest for the long term. There is no long term trend that shows investing in the stock market for the long haul is a bad idea as long one does so judiciously.

 

[jacks]

There are many good sights on how to begin investing in the stock market. Here are a couple:
Money Crashers
Nerd Wallet
Investopedia

You can of course Google many more.

 

[Akita Suggagaki]

S & P 500 Index fund. But it will still be a roller coaster. Hopefully with upward trend.

 

[Akita Suggagaki]

But technical analysis is fun with Fibonacci, Elliot Wave and all those crazy candles, moving averages. Etc.

 

[morse86]

The stock market is nothing more than a glorified casino with a lot of "questionable" money and activities. It is artificially propped up by monopolized worthless fiat paper.



Money is earned through hard work, not gambling.

 

[seeking.IAM]

I've done better investing in common stocks on my own than any other investment type, including funds managed by pros. However, I think one needs to be willing to educate themselves on the market and investment strategy while also having the tolerance to take occasional losses. For example while I've done very well in the market overall, I've suffered a serious loss on GE. That's why you diversify. But it's only paper until you sell it.

 

[JacobKStarkey]

Do not invest "necessary money for living." Invest only excess money. Invest for the long term.

 

[ml5363]

My thoughts from learning the hard way is its gambling . People put a small investment in with the promise of much greater rewards .It goes against the Jesus teaching of the multiplying of talents. In 08 the whole thing could have collapsed and whats changed since ? . Just in the last weeks it dropped 1000 points . What if it drops back to 10,000 people will lose half their retirements ? .

Mine are fully vested now...to date I have eaned 8 % ..had about 10 years....this year.,..am down 5%

 

[bèlla]

Ignore...

 

[Occams Barber]

Two rules for investing in stocks.
1. Don't invest money you don't have or cannot afford to invest.
2. Invest for the long term. There is no long term trend that shows investing in the stock market for the long haul is a bad idea as long one does so judiciously.

I'd add one more rule - diversify, diversify, diversify. Invest across as many different investment categories and companies as you reasonably can.

If you don't have a lot to invest it might be worth using a managed fund which should give you diversity while still allowing some leeway in determining the level of risk/return you want. If you decide to go with a managed fund look at past performance and fee structure before choosing.
OB

 

[seeking.IAM]

I will add some Warren Buffet rules...

• Don't invest in businesses you don't understand. Buffet didn't invest in tech for a long time because he didn't understand it.
• Invest in companies so solid any fool could run them because someday a fool will.

 

[mukk_in]

if so I was wondering where are good resources to learn about using the stock market.

Your brokerage would have a treasure of knowledge. Brokerages are also offering robo advisers which is automated investment in stocks/bonds/mutual funds etc., based on your risk profile. Schwab's been working out quite well for me.

 

[NxNW]

Deleted

 

[OldWiseGuy]

My thoughts from learning the hard way is its gambling . People put a small investment in with the promise of much greater rewards .It goes against the Jesus teaching of the multiplying of talents. In 08 the whole thing could have collapsed and whats changed since ? . Just in the last weeks it dropped 1000 points . What if it drops back to 10,000 people will lose half their retirements ? .

That's when you get in.

I'm a 'nervous Nellie' so I avoid the stock market. I was in a bond fund once and that made me so nervous I soon got out. I eventually invested in residential rental property. This was something I understood and could manage myself. Worked out great.

 

[splish- splash]

Got a call sometime ago from a t1markets or something, representative. I must say, im very wary of these people who just call out of nowhere. Some are believed to be legit though. Good for some.

 

[Elliewaves]

Real Life Trading is a good source I've used. Most of their resources are free and educational. I trade long term and do swing trading , some day trading. Long term and shorter term stuff ......it's good to have both as you learn more.

 

[bèlla]

My daughter invests in cryptocurrency. I haven’t explored it but she’s doing well.

Yours in His Service,

~bella