/biz/ - Business & Finance

>>26885415
OP, as a former wagie that made it, let me give you some advice:

Avoid crypto and option trading. Crypto is a fucking terrible investment during a bull run, and you WILL lose money trading options as a newfag, something you can't afford to do.

You should be DCAing (dollar cost averaging) at least $100 (more if able) into a broker and making "safe" investments. After the insanity has cooled, actively browse WSB and /biz/ for meme stocks that are being shilled. Also check other communities and business related news on new developments (Like the announcement that Amazon is partnering with BB). DYOR on these stocks and see if the potential checks out. You can easily 20-30%+ your investments. Pull out of these stocks once the gains have stabilized and look for other opportunities. Set stop losses on these stocks for a little under what you're willing to lose on them in case they don't check out. You won't lose that much money doing this and you will have gained a considerable amount of money in your brokerage account.

After about a year, you're going to have a lot more money to play with. The more money you have, the more money you will make. The key is to stay active in investment communities and get into spikes EARLY. For instance, if you spent a lowsy $1000 on AMC stock when it was $5, you could have cashed out at $5000.

Also, learn to take profits. 30% max before pulling out. Don't ride something forever. This GME shit is a meme and NOT THE NORM.

Also read books faggot. Pic related.

>>26292110
Invest in yourself by picking up a habit of reading books. Like >>26292192 said, don't spend 99% of your time on /biz/, you can downgrade that down to 20% max and still reap 80% of the fun you had on the mongolian basket weaving forum. You can even limit the hours you surf /biz/ when all the scammers are asleep.

what has biz been reading recently?
you have been reading right biz?