News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
I've given up on buying stocks for individual companies. I'd rather just stuff it in an index fund and pretend it doesn't exist for 10 years.
the average person usually doesnt beat the average index fund, so if you arent keen at day trading, dont do it.
No one is "keen" at day trading, some people get lucky and think they're talented. The vast majority lose money because the big players make sure of it.
It's literally just gambling, but nobody looks at a guy who won $50k at blackjack and says "hey I can make a career out of that."
Blackjack is normally gameable.
https://en.wikipedia.org/wiki/Card_counting
I mean, I sure wouldn't want to do it as a career, but it's possible to beat the house over the long run depending upon how they've structured play.
That being said, I get your broader point, and there are obviously games of chance for which this is not true.
you definitely have people who go positive in day trading on average more than not by following some patterns and such, its just most people lack the kind of skills to do it and usually do worse than the index (even if they go positive)
What if I'm not average. I bet I can lose all my money. Take that index funds.
I quit trying to day trade ages ago. I put my bigger investments in indexes or companies I think I'm more familiar with than "wall street" and usually long term hold.
If you have the money to spend/blow, the "correct" approach is to:
But if you don't have money to "throw away"? Do not buy individual stocks. Or crypto. Or anything other than what you need to have a life after you age out of the workforce because late stage capitalism.
My one-off is still GME. Diamond hands.
The thousands of rounds of ammunition I purchased during the height of covid has gone from 32 cents to 42 cents per round.
Me too generally. But on a whim i bought 100 shares of NVDA back in 2019, and god damn has it been good so far.
Preach it loud and wide.
I mean only because it's a scam, like a rigged casino (I know the rigged is redundant)
That's advice I've been given many times in my life. If I had any money to invest, that is likely how I would do it.
Most of my etfs are doing better than my stock purchases, but I have had a couple big wins over the years. I'm expecting my reddit put options to be another, though.
Didn't know da brutal yet kunnin' boss of bosses was also a shrewd investor
Do ya have any teef in da shiny choppa index?