Is learning forex and stocks and shit worth it

[Deleted member 19453]

I'm having the feeling that if I spent the time learning more useful shit it would be more beneficial like programming and math and shit. I'm 16 and my starting capital would be $1000 at most and I have all the time in the world.

 

[Adonis]

Meh stocks are mostly gambling but long term investments into indexes like the nasdaq or dowjones are good

 

[STEVE GAMING]

I'm having the feeling that if I spent the time learning more useful shit it would be more beneficial like programming and math and shit. I'm 16 and my starting capital would be $1000 at most and I have all the time in the world.

Better than spending time on gaming and masterbaiting

 

[Deleted member 17829]

If it was legit,

everyone would just copy the best few people in the world's trades and everyone would become rich

 

[Sigmamale]

Forex no Stocks yes

 

[Growth Plate]

KJ moment

 

[Deleted member 19453]

KJ moment

?

 

[Growth Plate]

?

Graycel moment

 

[alien]

The best thing to do is to stick to blue chip stocks and blue chip index funds/ETFs. Not the best returns but not high risk. Generally you should put most of my portfolio into the ETFs with a large pool of corporations like the S&P 500. And put a small percentage of your portfolio into individual corporations. And a moderate percentage of your portfolio into the ETFs with a smaller pool of companies. Like the FANGMA ETFs.

I invested $1,012.22 CAD into Pfizer (CAD Hedged). Bought 43 shares.
$768.43 CAD into S&P 500 Index ETF (CAD Hedged). Bought 12 shares.
$732.96 CAD into the Canadian High Dividend Yield ETF. Bought 18 shares.

$2,513.61 CAD is child's play though. I am just getting started. I'm dipping my toes into the water. After 12.6 days (pro-rated by day that I bought the stock), I've earned 3.67% ($92.27 profit off $2,513.61 invested). That's equivalent to 106% APY. The stock market has been doing really well in the past 18 days.

In hindsight I wish I bought Facebook stock last week and FANGMA ETF stock (Facebook Amazon Netflix Google Microsoft Apple) like 3 weeks ago when it was dirt, dirt cheap.

 

[alien]

Forex no Stocks yes

Yeah forex is very risky. Stocks and index ETFs are the way to go.

 

[bara]

Don’t forex. Play stocks (ETFs mainly) when you have stable cash flow/no serious debt.