G
GuyFromSingapore
It's all fun games until someone gets punched
- Joined
- Oct 22, 2020
- Posts
- 15,928
- Reputation
- 11,576
Should I?
anthony111553
Curry has descended...its over.
- Joined
- Nov 17, 2023
- Posts
- 23,453
- Reputation
- 27,636
no
G
GuyFromSingapore
It's all fun games until someone gets punched
- Joined
- Oct 22, 2020
- Posts
- 15,928
- Reputation
- 11,576
- OP
- #3
Why not?
SubSigma
Average ginger stacey enjoyer
- Joined
- Aug 1, 2022
- Posts
- 10,043
- Reputation
- 10,695
No
G
GuyFromSingapore
It's all fun games until someone gets punched
- Joined
- Oct 22, 2020
- Posts
- 15,928
- Reputation
- 11,576
- OP
- #5
Why not?
SubSigma
Average ginger stacey enjoyer
- Joined
- Aug 1, 2022
- Posts
- 10,043
- Reputation
- 10,695
Its too volatile and unpredictable. Getting rich quick is impossible without some soft of risk. People day trade for a living and statistically speaking, they rarely beat the market (10% gains a year). I recommend investing in index funds, but if you are willing to take on risk, then you can try trading crypto.
G
GuyFromSingapore
It's all fun games until someone gets punched
- Joined
- Oct 22, 2020
- Posts
- 15,928
- Reputation
- 11,576
- OP
- #7
Give links to understand index funds.
SubSigma
Average ginger stacey enjoyer
- Joined
- Aug 1, 2022
- Posts
- 10,043
- Reputation
- 10,695
I would read the book a random walk down wallstreet. You can find a free pdf of it on google. Index funds are basically bundle packs of stocks, so you don’t have to worry about diversification on your own. The VOO or SPY (s/p 500) is the top 500 stocks, and VTI is the top 3000 stocks. Both have enough diversification. They have exposure to every sector and are equally weighted.
