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re: Thinking about quitting stock picking

Posted on 8/25/14 at 4:16 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39640 posts
Posted on 8/25/14 at 4:16 pm to
We do. I think my issue is more on the statistics side of what the average young person has and makes, not to mention my own experience if you do more than 4 years of university studies. Which in hindsight, I wish I hadn't

Also, when you start as late as I did, you end up doing a lot of stuff in a compressed time frame. Instead of 8 years to dick off, buy a house, get married, etc, you do it all in about 3.

I'm sure doctors go through the same thing.
This post was edited on 8/25/14 at 4:19 pm
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 8/25/14 at 4:25 pm to
quote:

I think my issue is more on the statistics side of what the average young person has and makes

well I would assume that posters here have a much higher income, if they have money to invest.

I would encourage a young person to invest anything if they have it, but honestly until you can sock away $10K+ a year, any strategies other than buy low cost ETFs are a waste IMHO.
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