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How I like to invest my money

Started by Deleted user
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Deleted user

I never, never, never buy individual stocks!! It’s too risky. High risk, potential high reward should be the phrase when it comes to single stock options.

H

Hasani S.

Tried it before could be very fun if you know what you are doing

M

Melissa D.

I agree. Individual stock picking is hard and seems to me mostly like gambling– especially since you seem more likely to lose than win.

M

Micky H.

Per @ Melissa D.

I agree. Individual stock picking is hard and seems to me mostly like gambling– especially since you seem more likely to lose than win.

Individual stock picking is definitely hard. However, it is something that one can learn and I would say that it is far from gambling and if it is its closer to poker than slots. If this is the case I would say mutual funds can equally be as risky because they may be majority allocated in something that doesn't perform. For example both international mutual funds and international index funds haven't done well at all.

So its important to understand what you're getting into regardless if it is funds or individual stocks.

Lastly if you even look at what's in your fund you can just mimic it and not pay an expense ratio.

M

Manuel M.

Mutual Funds are less risky than stocks but if you are to invest in stocks, look around and see what people are talking about and buying: APPLE, AMAZON, HOME DEPOT are examples of this.

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Manuel M.

I also do research to see what stocks the wealthy have in their portfolio and buy the stocks that I consider hot.

M

Manuel M.

I look around and see what companies I think are growing at an extraordinary rate. Like for example Home Depot when it first opened was full all the time. Read about these and invest.

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Alecia P.

It depends on if you know what you're doing or not, even then its a risk. They all are.

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