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/biz/ - Business & Finance


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57526691 No.57526691 [Reply] [Original]

i just started to get interested in stocks. investment virgin atm. how do i study which stock/field to look in to? what should I study for? I barely know the fancy words wallstreet niggas use:(

>> No.57526711

>>57526691
just dump your cash flow into TQQQ every month and dont waste your time with fancy strategies or buying individual stocks.

spend the extra time on making more cash to dump into TQQQ

may get bumpy here over the next year, but i think 2025 will be a huge buying opportunity for the stock market

>> No.57526755 [DELETED] 

>>57526691
You need to study the companies you’re interested in investing in and also understand who their competitors are, what they produce and how desirable you think that’s going to be in the future. Also world economics and world politics can play a big part of whether or not you should invest in something. My grandfather made 10s of millions trading but he spent nearly every waking moment that I can remember with his head buried in financial papers and what not. It just doesn’t loom appealing to me.

Personality I invest in ETFs and mutual funds and let the pros do the studying and trading. It takes less analysis, if you’re really new to investing just throw some money into a mutual fund that follows the s&p500 like fidelity's FNIX to get yourself started.

>> No.57526765

>>57526755
>My grandfather made 10s of millions trading
>grandfather

if you were a grandfather you could have pissed pennies at the market and made millions

>> No.57526770

>>57526691
You need to study the companies you’re interested in investing in and also understand who their competitors are, what they produce and how desirable you think that’s going to be in the future. Also world economics and world politics can play a big part of whether or not you should invest in something. My grandfather made 10s of millions trading but he spent nearly every waking moment that I can remember with his head buried in financial papers and what not. It just doesn’t loom appealing to me.

Personality I invest in ETFs and mutual funds and let the pros do the studying and trading. It takes less analysis, if you’re really new to investing just throw some money into a mutual fund that follows the s&p500 like fidelity's FNILX to get yourself started.

>> No.57526778
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57526778

>>57526711
>>57526755
>>57526765
WRONG
OP just buy link

>> No.57527478

>>57526778
beep bop what the fuk is link?

>> No.57527490

>>57526770
>>57526711
Thanks a lot! I assume FNILX and TQQQ is similar? I will start from mutual funds

>> No.57527532

>>57526691
Smartest thing you can do is focus on sector which most mirrors your own area of expertise/ experience

>> No.57527668
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57527668

>>57526691
And read this or watch the youtubes summary of it

>> No.57527720

Watch / read this too
https://youtu.be/npoyc_X5zO8?si=HnfKTMq3wS0OuPSG