GuyFromSingapore
I mog Cavill, O'Pry and Barrett
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Should I?
anthony111553
Curry has ascended...its begun.
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no
GuyFromSingapore
I mog Cavill, O'Pry and Barrett
- Joined
- Oct 22, 2020
- Posts
- 19,044
- Reputation
- 15,064
- OP
- #3
Why not?
SubSigma
Average ginger stacey enjoyer
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No
GuyFromSingapore
I mog Cavill, O'Pry and Barrett
- Joined
- Oct 22, 2020
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- OP
- #5
Why not?
SubSigma
Average ginger stacey enjoyer
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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.
GuyFromSingapore
I mog Cavill, O'Pry and Barrett
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Give links to understand index funds.
SubSigma
Average ginger stacey enjoyer
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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.
