Rick300: Some free advice to save your stress-out capacity>. Don't invest in the stock market in any way shape or form.
Hold into the wind VarmintGuy
Rick300 (three hundred!) some free advice —don’t listen to goofy old guys when it comes to investments. Lots of money made last year and it will continue.
A monkey made 20 per cent plus returns last year. Typical that a newby investor thinks this is average stock market return. Get back end of December and post your 2022 returns. lol
This market hasn't even hit volatility yet.
You know as much about the stock market as you do about hunting and driving in the snow. LOL
Stick to what you know chubby- eating cheese burgers.
I have no short positions. I invest at the first of the fill my wifes and my ROTH ($14,000) and my SEP in March ($5,000). That is about all I can muster with a $50,000 yearly wage.
But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
I'm seeing some of the super speculative stocks collapsing, like Peloton: 126 -> 31 Zoom: 400 -> 159 Twilio: 400 -> 215 which makes me think the market top may be in place.
When the giant companies like Tesla, Apple, Amazon, Netflix, etc. start to collapse then the bear will bite....and the Fed will start buying stocks
I wish I would have been more ready for that one. I had my money mostly at Edward Jones and that's the wrong place to be to buy individual stocks. I found that out when I bought 1000 shares of royal Dutch shell and they charged me about $600 to do that one trade. By the time I opened a fidelity account and got ej to finally transfer some of my funds to it things were back up a ways so I hesitated waiting for the second dip in what I though would be a W.
I missed some opportunities that March. Everything I tried to buy was a fight with my EJ broker and I was hesitant to pay the huge trade fees. I've got my fidelity account ready for the next one but I'm worried the next one will be much worse and much longer term. My crystal ball pretty much sucks though.