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@snare @IanColdwater I am so glad to be your token (former) i-banker contact ✨
unfortunately my former i-banker stock advice is limited to those who have adorable dogs named Seymour, but my general advice is:
* choose a company you think will exist in 10 years
* buy stock
* hold 10 years
unfortunately my former i-banker stock advice is limited to those who have adorable dogs named Seymour, but my general advice is:
* choose a company you think will exist in 10 years
* buy stock
* hold 10 years
@snare @IanColdwater Do not think you can “hack” the equity markets... you can’t, & people with many millions of $$$ will always do it better.
Don’t put all your net worth in one stock. Don’t panic when markets dip, so only invest an amount that won’t screw you. Wait to sell as long as you can.
Don’t put all your net worth in one stock. Don’t panic when markets dip, so only invest an amount that won’t screw you. Wait to sell as long as you can.
@snare @IanColdwater Probably most reading this are tech-savvy, & will roughly know what is “sticky” at tech companies. Don’t try to learn the ins & outs of like, biotech.
As a starter, just buy a cheap S&P 500 ETF & keep your horizon to 5 years — it is unlikely it will not go up (esp @ 10 years)
As a starter, just buy a cheap S&P 500 ETF & keep your horizon to 5 years — it is unlikely it will not go up (esp @ 10 years)
@snare @IanColdwater I know this is boring advice, but remember more frequent trading = more fees & more of your attention required... generally neither of those are good.
Leave volatility trading to the ppl getting data feeds from like, satellites & car GPS & god knows where else
Leave volatility trading to the ppl getting data feeds from like, satellites & car GPS & god knows where else
