Robinhood's lack of fees can be a double edged sword. Seriously. You can pm me with further questions if you're serious. I would start by reading The Intelligent Investor by Benjamin Graham. That's excellent advice to give to a young person. Stocks - Investing and trading for all r/ stocks. People smarter than you who spend their whole lives doing what you're trying to do. But I have a place to reference. Mine’s broken. Autonomous cars/delivery is going to be huge in the next few years so anything involving that. Join. But I want to know more. I noticed you talk about study and read a lot about personal finances, I myself have just turned 18 and which to learn more about personal finances and investing as I believe it wouldn't be something bad to know about. Even with the great stock market return rate its hard to maintain your current lifestyle when you stop working. There are also algorithms that absorb all the data they can with AI set to predict what a stock will do. Look into index funds. remember, identifying patterns takes time and you will keep learning new shit everyday - Listen to you gut, google and research a company if your planning to invest a lot! To put math behind this let's say you invest 10,000 in the stock market today in 30 years at average return, that's about $100,000. Well, that's what /r/IWantToLearn is all about! Index funds are the way to go. You get the convenience of buying a stock, and the balanced portfolio of very time consuming personal investing or a full blown hedge fund. Either that, or if you already have enough (a million) to make a HUGE deposit or bond investment, then make that deposit and live off the interest/yield/dividend for the rest of your life. hot. hot new top rising. my thinking is: i am going to have enouh salary as a minimum wage worker without working. 1.3k comments. He talks almost exclusively about stocks in the Chinese market, but most of them trade on the NYSE. r/investing does not endorse any recommendation or opinion made by any member, nor do any users or moderators of r/investing advocate the purchase or sale of any security or investment. Haven't started yet. Moderator of r/stocks. Posts WIKI. 1. Most rookies pick stocks and notice that the market always goes up but their stocks do not follow the trend. Im only a college student w only a small amount of money to start investing. 2. Some stocks will fail and some will rise so picking and choosing stocks will net you no gains in the long run, not to mention broker fees. Buy indexes instead of picking stocks. Once you have that you can use $5000 to invest in something. Most foreign stock markets have not been as successful as Americas. Do you have any tips/book recommendations or perhaps some courses to take so that I can educate myself more in this? Put your money into index funds and hold on to them forever. Moderator of r/stocks. Anecdotal. And those people are playing against one another, and everything is basically gambling for them, some of them are ruined the next day. penny stocks are dangerous. Most BEV battery enclosures are made of full aluminum and when more are on the road the demand for aluminum will go way up. There are lots of things money can buy which is actually good for you. 173. pinned by moderators. You are responsible for your own investment … r/Stock_Picks: Stock_Picks: The place to discuss day trading, stock watching, investment advice, and more That means in 80% of the cases you would be better of just investing into an index fund. If you want to get rich "quick" start a business, work your ass off, and shoot for 15% growth YoY. It's addicting when you see the money grow and you'll want to keep buying more stock in other companies you like. The stock market is a great place to find decent returns for relatively low risk when done intelligently. When it comes to retirement it really is about preserving wealth. If you had won big, you would be telling him to put all the cash he has plus all the leverage he could get his hands on into the market. Any good YouTube channels like Charlie Chang? Lemonade will revolutionize the insurance business. save. To this day the core of my portfolio (~50%) is invested in boring broad index funds (mostly $SPY, $QQQ). 173. Tell our community what you want to learn, and let those who came before you help guide you towards success! There are people who make a living investing. in how many years? Maybe mid-30's. I think "I'm going to get rich" is the wrong mentality to have going in to investing. Almost any post related to stocks is welcome on /r/stocks. I don't mean to say "don't do it", I mean to say that you should first seek to convert your $20 to $15000. The indexes always consistantly go up over time due to inflation. share. The easiest way to lose money is to go unprepared. Check out apps like robinhood - they offer free trades but much more limited than the avg broker (good for beginners). You can't beat the market because it's a zero sum game. There's tons of information out there regarding how to invest in stocks, so start learning (some other commenters mentioned some good resources), but it's best to start slow until you have more knowledge on what you're doing. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/IWantToLearn/comments/5tvkte/iwtl_how_to_invest_in_stocks/. Although I'm younger I'm not sure if I will feel the same way when I'm not working because I'm too old to even though I have enough money. I get the idea of putting money into a company if they do well the stock rises and you get a return. I basically said this earlier and got downvoted for it lol. Any large insurance company or even one of the Big Tech companies could easily and likely eventually will duplicate what they are doing if they see that it is proving to be successful. If you buy at low points (2003.2009, etc), leave it, and show extreme self-control the laws of supply and demand say your money will HAVE to be growing faster than people who invest in bonds, which grows faster than inflation. Each of these have unique edges that will be needed with tech advancements. For entry level investing, I would start by opening up a Roth IRA on vanguard.com and depositing some money into some of their index funds or target retirement funds. card classic compact. New comments cannot be posted and votes cannot be cast. Whatever you do, read and read lots about the topic. Long term hold. rising. It takes months of study to become good at stock investing. Right now, I don't see any. Don't listen to WSB and don't fall into the trap of meme stocks. I studied and read a lot about personal finances, investing, stocks, corporate finances before starting investing, and I started with boring mutual funds. It's like getting a very small discount when you buy their stuff because you own part of the company. Also any material stocks for aluminum will probably show a lot of growth. Very simple explanations for confusing topics. Rate My Portfolio - r/Stocks Quarterly Thread September 2020. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Any large insurance company or even one of the Big Tech companies could easily and likely eventually will duplicate what they are doing if they see that it is proving to be successful. Note that for college students, stock investing will be hard because the fees to trade stocks are high. First of all, come join us on the r/personalfinance subreddit! Past performance does not guarantee future returns. I have no idea where to start Im new and am using robinhood. They may revolutionize the insurance business and I hope that they do, but that doesn't mean that they will be successful in the long-term. They have very low fees, and it's relatively low risk for your foray into investing. You buy a stock representing share of a fund managed by an investment firm, and they take a small cut of the returns. Lots of people go for stocks without a second thought and that's why there are winners and losers. Only thing is they are expensive $100-200/share. Posted by 3 hours ago. Like stock tips? It takes significant time and skill to responsibly invest in individual stocks, so it is likely worth it to pay someone to do that for you. By buying the indexes (SPY,QQQ) you are gaming the system and automatically win over the course of time, no matter what! Are there any good articles too that give best recommended stocks at a monthly basis? It takes months of study to become good at stock investing. Not sure if I would consider myself rich, but investing in stocks/options has increased my net worth considerably; however one must note: I have been investing for >20 years (oooops, I just revealed that I am not a Millennial, but an old dude), I invested my money, meaning that I had a job, saved money, and I then invested that money all the while having sound personal finances. If you are looking for something to invest in, I would say "yourself". Had a giggle at your username. There are funds design for high risk growth, safe gains, whatever, so you can find a portfolio that fits your needs. card. Check out our wiki and Discord! If you were to put it in a bank account it will be worth $18,000 in 30 years.