WatchTheBooz

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Can someone explain the need for Kamala to be bunkered away?

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Money Board is a good place.

One good thing to do is find a site that lets you do mock trading with virtual money. Good way to practice.

Since you're young, you should buy and hold. If the stock market sucks for the next 50 years you're screwed anyway.

Some people on here prefer index funds while others invest in individual stocks. There are arguments for both.

If you do individual stocks, research the company in detail.

- Check its liability to asset ratio - you don't want a company that's overleveraged. Higher chance of going bust.

- Pay attention to its historical performance. If it's lower than before, try to figure out why (example - airlines are beat up due to the pandemic).

- I personally stick to dividend stocks because they're putting money back into my portfolio every 3 months, as opposed to buying in hopes that the price keeps going up. Others on here like non dividend stocks such as AMZN and TSLA.

- Diversify. Don't put everything into one company because that company might go bust. Also don't put everything into one industry or interdependent industries.

- Penny stocks are cheap for a reason. There are people on here who are good at identifying ones that move up, but don't throw too much money in that direction.

Stay away from margin trading, options, derivatives, etc. Novices should stick with less complicated investments.

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