How's your account doing today ? When Mr P said there will definitely be "hand holding" from the Fed.... I immediately put some money in leveraged 3X ETFs. I'm really not into picking individual companies. Many folks are doing very well picking companies that got beat up a few weeks ago.Originally Posted by Ws6No, I ALSO bought the trend, lol! So far my $2635 has turned into $4289. In the next 1-5 years I am projecting $20-50K out of it. Not a bad investment for such a small sum of seed money! AMZN just doesn't have that much room to grow t hat fast, and I also happen to be a tiny bit impatient, wanting a pay-off/cash out in the 1-2 year range, ideally.Originally Posted by Mr NiceSounds like AMZN.Originally Posted by Ws6I took Warren Buffet's advice. I bought a strong company that I believe is run well, has good balance sheets, projects positive cashflow for 2020 and 2021, and has good leadership.
That's why they're the only ones posting. The ones that are below average don't have any stocks/mutual funds so they have nothing to post about.Continuing to get rich slowly by investing in low-cost index funds. We also added some EE and I bonds to the portfolio in the last month. Seeing as I can't predict which stock will go up when, I prefer to own the whole market. Stock picking is more akin to gambling, than investing.
I guess all the posters in this thread are above average, of course.Average investor returns are consistently lower than historical average market returns. Here's why and how to make smarter decisions.www.thebalance.com
I mean the "average" investor, not average American. This thread is full of the top-end investors that only pick winners! Someone should start an investment newsletter based on all of these winning strategies!!!That's why they're the only ones posting. The ones that are below average don't have any stocks/mutual funds so they have nothing to post about.
It's easy to win when the entire market is going up. I'm doing ok, but there are funds that attempt to return 2x-3x what the S&P 500 does and if people had jumped on Tesla last year they would be up multiple times instead of maybe just 14% like the S&P 500 index year to date. Of course the drawback with those funds that attempt to multiply the S&P 500 returns, in a down market they're actually much worse than 2-3x losses.I mean the "average" investor, not average American. This thread is full of the top-end investors that only pick winners! Someone should start an investment newsletter based on all of these winning strategies!!!
This thread is like my brother who seems to only win when playing blackjack. The casinos just give money away.