I hear the apes over at WallStreetBets know a thing or two.
Comment on What have you been pondering about as of late?
OhmsLawn@lemmy.world 3 months ago
Honestly, how to evaluate stocks for my first individual share purchases. I’ve only ever had more-or-less passive funds investments.
It’s all a bit overwhelming.
TehBamski@lemmy.world 3 months ago
DragonTypeWyvern@midwest.social 3 months ago
One might even call them Reddit Experts in a not-at-all-astriturfed community.
BlameThePeacock@lemmy.ca 3 months ago
Buying individual stocks is a fools game for non-UHNI (poor) people. Keep your more-or-less passive funds investments, like low-fee mutual funds and index funds.
If you want more retirement money, it’s far better to spend the time to in yourself (skill upgrading/job upgrading) than it is to worry about trying to bet on individual investments. If you’re putting away 10% of your income per year into your retirement savings, you can double your retirement savings by increasing your job salary by 10% and then just putting all of the extra away too. Getting a 10% increase in your salary is a lot easier than picking a stock or stocks that will going to go up twice as much as the overall market.