Your honest opinion on trading in USA stock market?

Nw_Work

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How has it been for you?
Have you been able to curb your losses or took the hit on bad decisions?
Overall has it been a profitable venture or a loss making one just Interested to see everyone's views:)

Best Regards,
NW
 

fb3003

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How has it been for you?
Have you been able to curb your losses or took the hit on bad decisions?
Overall has it been a profitable venture or a loss making one just Interested to see everyone's views:)

Best Regards,
NW


i think there is no other asset vehicle more profitable than investing in stocks over a long term

the best decision i made starting 20 years ago. pay attention to fundamentals, don't chase fads...

bulls make money, bears make money, pigs get slaughtered! (jim cramer) pretty sound advice.

if you want to do passive investing, start with a mutual fund and gradually buy individual stocks
 

CyHead

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What would be a better alternative?
You should note that high volatility stocks are for people with a high-risk tolerance.

If you're not willing to lose big, either invest less money or stay away. Securities can be high volatility but it depends on what you're investing and what your time frame is.

If you're looking to turn $100 into $5000 in a year, the only way is through very high risk investments.
 

Nw_Work

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i think there is no other asset vehicle more profitable than investing in stocks over a long term

the best decision i made starting 20 years ago. pay attention to fundamentals, don't chase fads...

bulls make money, bears make money, pigs get slaughtered! (jim cramer) pretty sound advice.

if you want to do passive investing, start with a mutual fund and gradually buy individual stocks
Interesting what is the name of the brokering agent you use and have they assigned you an advisor right from the start?
 

Krise656

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During the „new market“ times, I got greedy, several high risk investments and at the end I nearly lost everything I had.
since then I never put my hands on stocks again.
8 years ago we started investing in real estate / vacation homes. Sounds boring, but gives (for me/us) the best return on equity as most of the money is from banks with little interest rates.
 
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The stock market has turned completely gamified over the last year, and is extremely over extended at its current valuation. You have neckbeard Redditors trying to bankrupt hedge funds meanwhile the brokers are scamming people out of their own opened positions. Yes, there is money to be made. But events like these never end well.
 

fb3003

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Interesting what is the name of the brokering agent you use and have they assigned you an advisor right from the start?
Started with TD Waterhouse, which is TD Ameritrade now. They have wanted to assign me an advisor after the first or second year I think, which I refused.

Now I have a 1 year old daughter, which I need to start thinking about college fund and gift for minors.... for this I need an advisor. have not decided if I want an advisor from them or get an advisor that is really skilled in this and not associated with any major providers. probably will go with someone local.
 

Nw_Work

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During the „new market“ times, I got greedy, several high risk investments and at the end I nearly lost everything I had.
since then I never put my hands on stocks again.
8 years ago we started investing in real estate / vacation homes. Sounds boring, but gives (for me/us) the best return on equity as most of the money is from banks with little interest rates.
Yes the idea would be to use the markets and secure enough capital for real estate/vacation homes to obtain stable and tangible assets, when in the market being careful and patient is key :)

Started with TD Waterhouse, which is TD Ameritrade now. They have wanted to assign me an advisor after the first or second year I think, which I refused.

Now I have a 1 year old daughter, which I need to start thinking about college fund and gift for minors.... for this I need an advisor. have not decided if I want an advisor from them or get an advisor that is really skilled in this and not associated with any major providers. probably will go with someone local.
TD Ameritrade does have a very big name built with age, would like to know if it is possible to open account's with another broker as well? Why did you refuse their advisor though like do they charge for the advisor??

Yes definitely important to plan ahead when starting a family to ensure everything is covered:)

Anyone has used Interactive Brokers before which is better IB or TD Ameritrade?
 

fb3003

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TD Ameritrade does have a very big name built with age, would like to know if it is possible to open account's with another broker as well? Why did you refuse their advisor though like do they charge for the advisor??

Yes definitely important to plan ahead when starting a family to ensure everything is covered:)

Anyone has used Interactive Brokers before which is better IB or TD Ameritrade?

there are many to chose from. take a look at this https://money.com/best-online-stock-trading/

i refused, because i wanted to learn everything myself. Plus at young age, all I knew was to max out my 401K and take advantage of cooperate 401k match and also take full advantage of employee stock option. best decision I made.

for financial advisor go after fee only ones. see this
 

polciks

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They are like casino for the last year :D
 

Rowdy Devil

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If you are new to stock market try to invest in mutual funds.. Over time choose some high moat stocks and invest gradually. There is a saying donot put all your eggs in one basket. Try to diversify your portfolio in different sectors as every sector has its own life cycle.
 

Nw_Work

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would like to know if it is possible to open account's with another broker as well? meaning can you have more than one trading account?
 

OnlineA

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When it comes to stocks, I would never short...only looking for undervalued ones to buy.
 

cnick79

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I tried to dabble in otc or penny stocks but in the end I found myself going with companies I am familiar with and holding long term. The tax benefit of holding a stock for over a year far outweigh trying to day trade. Small caps with a low float are a good bet because there’s lots of room for growth and few shares to go around.
 

firstnamelastname

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Started with TD Waterhouse, which is TD Ameritrade now. They have wanted to assign me an advisor after the first or second year I think, which I refused.

Now I have a 1 year old daughter, which I need to start thinking about college fund and gift for minors.... for this I need an advisor. have not decided if I want an advisor from them or get an advisor that is really skilled in this and not associated with any major providers. probably will go with someone local.

this bitch at my bank has been haggling me for over a year to invest with their advisor.
never trust an advisor. if he knew what the fuck he's doing, he wouldn't be working a minimum wage job.
 
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