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/biz/ - Business & Finance

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1436510 No.1436510 [Reply] [Original]

In 2013 my personal finance teacher had us by $500,000 worth of stock on google finance and at the end of the semester we would see who had made the most money.

I lost to a guy who put all of his money in Apple stock, but this is what my portfolio looks like in 2016.

Did I do good senpai? Should I put real money in the market based on this?

(this doesn't include the $20,000 in dividends)

>> No.1436525

>>1436510
Yeah m8 history will repeat itself 100%

>> No.1436559

yea bro u did excellent! but can i borrow like $50

>> No.1436564
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1436564

>>1436510
index funds.

invest in the entire market and you cannot lose. consistently outperform day traders while sitting on your ass.

>> No.1436579

>>1436564
Ty based hs educated financial guru

>> No.1436591
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1436591

>>1436525
I'm not saying I would invest in the same stocks, I'm asking whether or not my financial knowledge is enough to start investing now.

>>1436564
My stocks were kinda like an index fund. I had stock in freaking everything from railroads to pharmacies

>> No.1436632

>>1436579
I guess john bogle has no idea what he is talking about then

>> No.1436657

>>1436591
If you have financial knowledge period youre ok to invest. As long as you dont do anything risky or just plain stupid youll be fine.

I prefer starting with a fee free site like Loyal3 unless you have a good amount to start with, in which case Id start with an actual index fund before anything.

>> No.1436661

>>1436579
agreed m8, index funds are for rubes. put all your money into gold and trumpcoin

>> No.1436674

>>1436632
Ah yes, stuff written in the 1960s, right?
Required reading for a hs or undergrad level finance class. Yes that's how portfolio management works, you know it all already smart millenial. Have you settled into your corner office yet

>> No.1436684

>>1436674
you aren't even trying now

>> No.1436697
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1436697

>>1436510
Did I do good?

>> No.1436698

>>1436697
Started with 1 mil back in 2014's econ class btw.

>> No.1436700

>>1436684
I assume you work on Wall Street, no?

>> No.1436711

>>1436684
John Bogle is a fucking idiot. My bank won't even recommend Vanguard products to clients because of how that fuckface used to run shop.

>> No.1436724

op you better get ib if you're actively daytrading your portfolio

>> No.1436767

>>1436724
ib?

>> No.1436778

>>1436711
care to share why or are you just going to keep throwing wild accusations at one of the most established and successful investing firms of all time?

>> No.1437009

>not recommending vanguard

dumb

>> No.1437152

>>1436697
doesn't even beat inflation.

>> No.1437215

>taking investing advice from a high-school teacher, one of the lowest paid professions in the country

I would honestly like to punch in the face every one of these idiot teachers who hold six-month meme-stock competitions. All it does is encourage rampant speculation and excessive risk, and does nothing to actually teach sound long-term investing strategy.

OP, you got a shitty education from a shitty teacher.