re: Am I a pussy for not investing in individual stocks?

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Much like gambling, I don’t have the time or the interest to constantly browse for edges.

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you have to want it bad enough. learn. study. i much rather trade futures than stocks because there is way less to account for. you study charts and technical/fundamental indicators. u can use a system in trading just like systems in sports gambling. depends on goals.

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Scared money don't make money

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yup.

VUG and VOO are the two very best for long term investing in my opinion.

VTSAX and VFIAX are also strong and viable ETFs.

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It was pretty obvious to short unh after the ceo got shot.

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I sold what i could but a lot was tied up in a ESPP with rules and such that would have given me a penalty. But that penalty would have been worth it. Who would have guessed it would go to less than half?

Be a real man and YOLO into meme stocks and shitcoins.

All jokes aside it’s literally impossible to get ahead without investing with leverage. Whether that’s stocks, bonds, real estate, or some other off-the-wall asset this is non-negotiable. El Gaucho was spouting more truth than crap in his post.

Subscribe to crisis investing and thank me later.

Last individual stock I bought was ZOM and I’ve got a $1.25 left

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I've always only done a DCA approach into a basket of ETFs.

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This is the way. Yes it’s fun to try to catch the next big thing. Slow and steady always wins. I was around for the dot.com era. It was awesome to watch a company go up 10-20 points in a day but could back down the next. I carved out a relatively small amount to play with. I barely broke even. Most of our money went into low cost ETFs and I’m up big time. I did buy Apple many years ago and I’m up about 1700%. My cost basis is around $4.

Bottom line is to just pump your saving ls into the whole market and reap the rewards. Take a gamble if you want. It may work out.

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. I carved out a relatively small amount to play with. I barely broke even.

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This is what I’m doing now. Started with around 5k, and over the course of a year have set aside 20k for which I’m up 48 pct by dabbling in bunch of random stocks. Mostly AI.

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Research what a low cost s&p500 fund has returned and compare it to inflation.

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I suppose you believe in Santa Claus as well, eh? The inflation stats are garbage and have been garbage for a long time now. Most of the nominal growth we’ve been seeing in the economy for the last several years has just been inflation. Very little productivity gains.

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If the average couple saves 15-20% of their income (401ks, maxed Roth IRA etc) starting at 25 years old they will multi-millionaires by retirement age.

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And so what if they are? Those are nominal numbers. It won’t be worth what it is today. Not even close.

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I imagine a lot of posters here have significant net worths without any leverage.

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Your average American who happens to have any significant net worth has a large portion of that net worth tied up in primary home equity. How have most people afforded to get one of those for the last several decades? Mortgages (leverage). The majority of multimillionaires made their money in real estate investing. Almost all of them used at least some borrowed money.

Let’s go a step further and discuss less obvious leverage. If a man takes out student loans to go to college and then medical school to break into a high earning field did he use leverage? If a small business owner takes out loans for new equipment, increased payroll, and upscaled marketing did he use leverage?

Almost no significant net worths are made without leverage. This idea of saving your way to prosperity is a lie. Especially with most modern salaries.