Anybody invest in stocks? How can I be successful with this?

Anybody invest in stocks? How can I be successful with this?
I have a couple that I’ve bought into, but idk how to do well.

Attached: 49BC706E-5F1D-4E81-8663-2D7346A9B369.png (680x510, 506.34K)

Other urls found in this thread:

cnbc.com/berkshire-hathaway-portfolio/
twitter.com/NSFWRedditGif

Firdt off all it depends on what you wanna do.

Somewhat Quick bucks? Either go to Crypto or leveraged stock/forex (which is basically betting with no risk of losing more than you can afford if you choose a broker with guaranteed stop loss)

Long term: invest using common sense, anyone that tells you to invest in something has already invested and is hoping retards like you investing will make the stock price go up.
Look at important things, medical stuff, oil, energy, car companies, etc.

Money isn’t really a huge issue. I’d prefer not to spend over 3 grand, but I feel like I’m limiting myself by doing that, but I also don’t want to go broke.
Already checked out a few crypto’s, so we’ll see how that pans out.
Also did a couple of medical stuff including medical marijuana

ETFs

Medical marijuana dispensaries are a god damn blessing. I've never smoked pot but because of them, and their rapid expansion and use, I've made a killing.

Care to expand on that?
Thanks that’s what I was thinking. I think especially now it’ll be good, but it also depends on the company I suppose

I'm considering you're some average to slightly below average joe, otherwise you wouldn't be here asking about investing. In that case your best bet is passive investment, meaning you buy stock and let it appreciate. this relies on the expectation that the stock market will continue the trend it showed for the past decade of an average yearly growth of roughly 8%. An ETF ( exchange-traded fund ) is a fund that's invested in indexed stock, so you own a piece of a fund that does the actual investing. requires minimal input from you and was a sure bet for the past decade. anyone who invested in 2010 doubled their money by january 2020

I do ok, I make about 65k a year. But I want to make more.
I started looking at stocks because it seemed like a way to build my portfolio and potentially make more money.

get a better job. you won't be able to make more money right now through investment. what you should be doing is investing now so you can have enough passive income to supplement your pension. you should be aiming for at least 300k by the time you retire

I work in HR. Not a huge need for us right now, and even if there was, I wouldn’t make nearly that much unfortunately.

Otis Elevator just entered the market and is very undervalued.

Thanks user! I’ll look into it

Going up?

Research, research, and research. Look into mutual funds instead of individual stocks. If you to go with individual stocks be sure to diversify (different fields).

And stay the hell away from buying gold. At most have 5% in it and then pray to moot that it never goes up in value.

buy ones that go up after you buy them

You've come to Yas Forums for advice on buying stocks? What would that make you?

Because Yas Forums is a field of pink boys?

Because I’m a normie and only troll Yas Forums

you don't have to make much. you said you make 65k a year. ideally you should be saving 10% of your income, or 6500 a year. assuming by january 2021 markets go back to where they were and they hold for the next 30 years and you still have 30 years of working in you, a very naive back of the envelope calculation predicts you'd have a little over 600k by year 30. with inflation at a 2% rate, that means you'd end up with a smidge above 300k in today's value. enough to guarantee supplement any pension and guarantee a very comfortable retirement

Kek

Thanks user

>people study finance for years
>banks / hedge funds have tower's filled with phd grads in mathematics and statistics and programming
>retards like op think they can just jump into investing and do well
In what other industry do people with literally no education and no experience think they can do this?? Only finance. What's worse are the people who read the intelligent investor and think they're Warren buffet giving advice like they're in a position to do so. Retards the lot of you.

Not asking for a finance degree amount of advice

1. This is the internet, it is our God given right to talk about shit we have no experience with.

2. That's why I said the first thing OP should do is research the hell out of everything.

Attached: cummings7.jpg (756x1008, 122.76K)

If you get advice from anything less than that, it's not advice worth taking. Not saying you can't make good investments without formal education / experience on corporate finance, but it sure will be difficult.
Stick with what you're good at. You're a plumber? Be a great plumber and make your money that way, don't jump into something you know nothing about and expect it to go well.

is that summer cummings? boy, she looks... old

Right now mreits and reits. They’re all low right now and when dividends kick back up you’ll have passive income.
Tickets I’m in for this play: NYMT & MFA

Invested in Under Armour years ago when it was supposed to "go up $10 after the quarterly report came out"... ended up going down $10. Have 100 shares. Lost $1000 before I woke up the next day.

After this corona virus fuckery its down another $10 a share. $2000 in the shitter.

Technically I havent lost anything because I still own it, but FUCK.

TL:DR - don't invest without having a very solid idea of what you're doing.

cnbc.com/berkshire-hathaway-portfolio/

>invest in under aromor
it sounds like you still have no idea what you are doing

>Technically I havent lost anything because I still own it, but FUCK
How did you come to the conclusion you haven't lost anything? You still have your shares, sure, but they're worth like 60% less than what you bought them for.

Not sure what under aromor is but k

Sports wear and equipment brand

Yup, but IMO she doesn't look too bad for 52. And she's doing a lot better than Elizabeth Starr.

As for investing in the stock market, OP is NOT going to get rich. The purpose of investing in the market is the long term creation of wealth. Like I said: research, diversify and stay the hell away from gold.

Attached: taylor wane3.jpg (1096x1497, 350.91K)

>stupid british speak
stay poorfag, fag

>tfw bought ko at $37
Suck it faggots

Haven't reported it as a profit/loss on income taxes because I haven't sold the shares.

Cool””””””””””””meme”””””””””””

Oh, you mean Under Armour.

You must be brain dead if you couldn't figure it out

Do options on robinhood. Puts and calls. Turned $600 into $3000 and set to keep doubling lol

The brand is UNDER ARMOUR fuckboy.

Attached: 604px-Under_armour_logo.svg.png (604x354, 11.07K)

Also, some tickers I like at the moment are PM, UL and RGR

I’ve looked into it.
Thanks, I might check it out a little more. Any good stocks that I could invest in?

Bro. Spy puts.

>Look into mutual funds instead of individual stocks.

This is what I did. They are relatively safe. You just dump money in and collect dividend checks each month.

Lol
>car companies

Enjoy losing your money in car companies.

Attached: ford.jpg (643x519, 36.56K)

Not entirely safe, I lost about 25% of my portfolio during the current market freak out. There is no such thing as an auto pilot investment. Wish I had put money in bond funds, especially municipal

Attached: cummings4.jpg (1200x1600, 269.17K)

These are principles that are already kind of covered in this thread, what you want are things that are stable and grow over a long period. Speculation is fun, but it's basically gambling, and for every time you win you'll lose 10x unless you're very well informed or lucky.

Things I like to hold long term are like oil stocks, fortune 500 companies, disney, mcdonald's, starbucks, medical technology, things that you can imagine holding value for a long time to come.

Also, and this is the most important advice I can give you, is follow the market for a long time. Watch what happens. See the patterns. What happens when a president is elected, what happens when the market crashes, when are things overvalued and ready for a crash, also read an econ 101 book and learn about leading economic indicators. If you dedicate a bit of time each day, reading, watching the market, trading your stuff, buying low and selling high, you will do well. Also look at all your different options. You can buy stocks is one, but there's also index funds, mutual funds, sell short, buy precious metals, buy real estate, invest in your own business (if you're very knowledgeable in some field that is a growth market). Just be a student of the market. Do research before you buy or sell anything.

I go on reddit r/wallstreetbets
its shit but you can find good advice
Also go on BARCHART volume and you can see the biggest orders of the day and follow those

Relatively safe, as in compared to most other forms of investment. But yeah, the current situation is a bit of a wild card and couldn't be anticipated. But the economy will recover, and quickly. It's only a loss if you were to sell right now.

You sound jelly bro; Are you jelly?
I don't need to know the terms you spent hundreds of thousands of dollars learning in school, I can understand a graph. Your mad because your first major investment ie: your degree was a complete loss ;)

Now's a good time to buy stocks in cannibus and marijuana.

Attached: cannibus.jpg (646x547, 33.51K)

>There is no such thing as an auto pilot investment
index funds are basically auto-pilot investment

Accept when the index decides to go full retard and lose 30% of its value.

well, even with the dotcom bubble, the recession of '08 and the recent covid scare, the dow jones has averaged a 5% growth in the past 30 years

Ford has been circling the drain since 08, plus they build shit cars.

It's just gambling dumbass.

Noko

Made in Mexico!

Just know you'll always be at the disadvantage because of lack of information. Look into trading options if you've got ADD and dont want to hold onto anything for longer than you need to.