All you experienced investors, advice for the new/young/inexperienced guys...
Mar 31, 2019
46 Comments
I see a lot of “which stock should I invest in posts” and this is NOT that.
I want to know if any of the guys who have made a silent killing from investing if they had any tips for the young/inexperienced guys like me?
I get vanguard and r/wallstreetbets are great places to start, but I’d rather hear the tips they don’t share w everyone...
Or is it really just a gamble?
Thanks
comments
To me, be able to afford a $2 mil house from nothing is exceptional. To be exceptional, general advices do not apply.
You can use some common strategies by diversifying, using index funds, dollar cost averaging and allocating assets to match your risk tolerance and timeline.
You will avoid losing big and your money will appreciate over time.
But noone can advise you how to get rich (if they know the secret, they wont share).