/biz/ - Business & Finance

>>30030459
>I just don't really know where to start honestly.
don't bother with reading whole books, just start now with a small amount and learn as you go, try to read up financials reports (use yahoo financials or something), search up terms/concepts on investopedia you don't understand. Put more money in as you get more confident (GRADUALLY, don't get cocky and risk losing all your gains and more just because of one wrong move after averaging up too much)

Key lesson: learn to weed out obvious garbage (e.g. shit that don't even make any revenue but still trading at crazy multiples of revenue/earnings or whatever)
Hype/momentum usually matters more than fundamentals for upside potential in this clown market, BUT fundamental analysis is your fren for avoiding ruin. It's what will determine the downside potential. After all, it's usually hard for a stock price to go down much lower than what the company is worth (book value)

Once you know how to filter out garbage.. just use /smg/ or something as a place to scout out random tickers to look into
I finally fucking figured it out after a few years of being a retard, now I just need this bullrun to last for 1-2 years until I have enough to live off dividends/premiums
I could have like +5000% by now but I'm pretty risk averse and trim profits prematurely more often than not. I'll get there eventually though, i don't need to own a boat i just want to be able to NEET
you can probably tell when i started lurking /smg/ much more often in pic related. And I was too much of a pussy to buy in March and April so no gains there lol