/biz/ - Business & Finance

rice cooker clicked. whole place smells like a chinese restaurant now.

>>56180908
okay very basic idea is this:
-Open an account with a brokerage. Which one you select depends on how frequently you want to trade, and what you want to trade, but something big and common like Charles Schwab is going to be just fine for anything.
-select a trading strategy. The most simple and most successful relative to risk over the long term is just dollar cost averaging in to an index ETF like SPY or VOO (both track the S&P 500). To dollar cost average you just buy a set amount of shares every couple months regardless of which direction the market is going. Keep doing this forever and eventually you will come out ahead pretty well. It's important with this strategy that you never panic sell no matter how dire the situation seems (like during a market crash). Stick to strategy. Keep buying according to your schedule.

>>51454109
oh my right one cue. thank you market.