What to know about the stock market (2007)

Post by MrYellowP » Wed, Feb 16, 2022, 2:44 PM UTC

WA wrote: post #29

MrYellowP wrote: post #17

I have a book written by André Kostolany, which taught me one thing and I believe I've forgotten the rest, because only this one fundamentally matters: Don't hunt for rising stocks, but chase the falling stocks. Everything that goes down either eventually goes up again, or dies. While this sounds like it's not helpful, all that's required is figuring out if a company is likely going to die. Even without any manual re…

Wirecard entered the chat… I assume you have good intentions, but your post is severely lacking. One crucial thing with this strategy is time. WHEN is the time to buy a falling stock? While it is falling? Or when it is rasing again? Are we talking intraday or months? On a long enough time frame, every company will go extinct and every stock will go to zero. And your post is in direct contradiction of two other common…

You're probably right. I should have written more to this.

Post by fmx » Thu, Feb 17, 2022, 7:44 AM UTC

shoto_io wrote: post #157

cehrlich wrote: post #85

This is a great article that explains markets (not just the stock market really) in an easy to understand way. The one thing I believe people should know about the stock market is: There are people with more capital, time, and knowledge than you who will consistently beat you. Picking individual investments is mostly a sucker's game. Buying tech stocks and/or crypto in the last couple of years has been a consistent e…

My stock advice for any rookie has always been the same: - Buy S&P ETFs, most preferably by Vanguard, because they are a non-profit and thus have very low fees - If you have a large sum of cash, go all-in immediately, don't wait for the perfect time - Now, just wait, ideally 10+ years, before looking into your account again

Why S&P 500 specifically? Is it just because they have the lowest fees you've found? There are many index funds all over the world to choose from. What if I could find a fund with with even lower fees than VTSAX somewhere? I often hear "don't pick stocks, just buy 'the index'" - but you're still picking an index, aren't you?

Re: What to know about the stock market (2007)

Re: What to know about the stock market (2007)