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/biz/ - Business & Finance

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>> No.49771944 [View]
File: 42 KB, 850x400, image.jpg [View same] [iqdb] [saucenao] [google]
49771944

>>49771818
because you're stockpicking, and stockpicking is hard. look, if your intention is to buy something and just hold it for a really long time (not caring if it's up 10% one day or down 20% the next) then you should look into something called mutual funds, basically a basket of stocks that's professionally managed on your behalf, typically used to follow an index (just a big list of 500 compies for example). you don't need a lot of money to get in on this either

but yeah, look at pic related. you're setting yourself up for failure trying to find and time that one unicorn. and i say "time" because timing the market is hard, a lot of people don't realize this but you have to time not just when you get in, but also when you out

why play the game when u can buy the game

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