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Stock market tips

Posted on 5/7/19 at 2:34 pm
Posted by Blueprint
Member since Apr 2018
2069 posts
Posted on 5/7/19 at 2:34 pm
Just started investing in the stock market at 33. I plan on retiring in 25 - 30 years. Can anyone lend any quick tips to get this ball rolling fast. I’m looking for good short and long term options.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/7/19 at 2:57 pm to
quote:

Stock market tips



buy low...sell high

rinse and repeat
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/7/19 at 3:29 pm to
quote:

Can anyone lend any quick tips to get this ball rolling fast.
Only buy stocks that are going to go up.
Posted by TigerDeBaiter
Member since Dec 2010
10267 posts
Posted on 5/7/19 at 3:33 pm to
quote:

Can anyone lend any quick tips to get this ball rolling fast.

I’m looking for good short and long term options.


What ball?

There are no short term options for investing. If you want to trade, go figure it out, but you’re likely to lose money.

The only winning strategy I know of is time in the market. Maximize that and you’ll do just fine.
Posted by TheWalrus
Member since Dec 2012
40567 posts
Posted on 5/7/19 at 3:34 pm to
Unless you know what you’re doing, S&P 500 index funds are the way to go in my opinion.
This post was edited on 5/7/19 at 3:35 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/7/19 at 3:55 pm to
Buy the entire market for the longest term you can
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 5/8/19 at 2:18 pm to
I just listen to what Jim Cramer has to say on Mad Money and buy immediately the next day. He's a former Goldman Sachs trader, hedge fund manager, and an expert in the field so you know his advice is solid.
Posted by tiger perry
Member since Dec 2009
25668 posts
Posted on 5/8/19 at 2:25 pm to
Dividend stocks
Posted by AUGDawg
Montana
Member since Nov 2014
1912 posts
Posted on 5/8/19 at 2:32 pm to
Dogs of the Dow


LINK
This post was edited on 5/8/19 at 2:33 pm
Posted by Blueprint
Member since Apr 2018
2069 posts
Posted on 5/8/19 at 2:57 pm to
Thanks all, for the advice.
Posted by Pendulum
Member since Jan 2009
7050 posts
Posted on 5/8/19 at 3:17 pm to
quote:

Unless you know what you’re doing, S&P 500 index funds are the way to go in my opinion.


Does anyone really know what they are doing?

quote:

I just listen to what Jim Cramer has to say on Mad Money and buy immediately the next day. He's a former Goldman Sachs trader, hedge fund manager, and an expert in the field so you know his advice is solid.


This isn't a bad play, but not for the reasons you mention imo. He has such a massive following, he could say something good about a shite stock and it will still see a bump short term. I listen to him every morning on squawk box and sometimes on the way home, and he teaches alot of valuable lessons, and is good at giving a sense of the market overall, but I don't trust his stock picks as completely genuine.


My advice would be don't try to time market, and don't sign yourself up for a second job as a trader. The extra possible gains you could get over index funds is not worth the nervousness, and the time required is over the top. You are better off playing with 5%-20% of your money in your spare time and parking the rest in index funds or vanguard like VIG and focusing on your 1st job. That's pretty much what I do.
This post was edited on 5/8/19 at 3:19 pm
Posted by LSUcam7
FL
Member since Sep 2016
7906 posts
Posted on 5/8/19 at 5:01 pm to
quote:

just listen to what Jim Cramer has to say


Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/8/19 at 5:02 pm to
quote:

just listen to what Jim Cramer has to say
Posted by Azazello
Member since Sep 2011
3185 posts
Posted on 5/8/19 at 5:39 pm to
Best stock market tip I can offer - buy ETFs
Posted by LSUcam7
FL
Member since Sep 2016
7906 posts
Posted on 5/8/19 at 6:34 pm to
The best answer to stock market tips is...

Save more.

Cut costs or earn more income but the biggest determination of your portfolio value is when you start and how much you put in. Stay diverse.
Posted by wasteland
City of peace
Member since Apr 2011
5600 posts
Posted on 5/8/19 at 6:54 pm to
If you see a poster named Husss offer advice, always do the opposite and you'll be fine...
Posted by Blueprint
Member since Apr 2018
2069 posts
Posted on 5/8/19 at 8:39 pm to
Noted.
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
31913 posts
Posted on 5/9/19 at 8:12 am to
The easiest advice is to maximize your 401K employer match and then go into the platform (Schwab, Fidelity, whatever) and get several low-cost index funds. It might not work over 3 years, but it’s as good as any strategy with far less risk and cost over 20.
Posted by barry
Location, Location, Location
Member since Aug 2006
50348 posts
Posted on 5/9/19 at 11:37 am to
quote:

The best answer to stock market tips is...

Save more.

Cut costs or earn more income but the biggest determination of your portfolio value is when you start and how much you put in. Stay diverse.




This is such an underrated principle.

Say you invest $1000 every month. You could spend hours doing research and if you are really good, beat the market by 1-2% over the long term. Thats 10-20 dollars per month.

Or you can eat out lunch 2 times less per month and contribute $1,020. Its why I put all my effort into my career. I'd rather focus on earning more than try to beat the stock market.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41208 posts
Posted on 5/9/19 at 1:36 pm to
quote:

Dogs of the Dow


Do you buy those stocks or do you buy a fund/etf that has this as the composition? If so which fund/etf?
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