is anyone else relatively young with a decent amount of capital that gets fucking anxiety over what long term ETFs/holds to set and forget? I heart TQQQ/SOXL/SPY/QQQ/SOXX etc. I know what all of them are but I cant decide what to do
You must be new or retarded. Markets are most skeptical during election years. The matter little to the market but the person in charge is as it effects decisions
Carter Cooper
>selling at a loss >on apple only 1 out of 1 million people do this
Camden Gonzalez
If you are "relatively young" and want to set and forget any of those you should do so maybe a year from now. A year won't matter. In the mean time you can play around with learning how the market works. Maybe play around with options but only with a small amount of capital and limited risk (covered calls) or try shorting. There is a lot of money to be made even still but you need a lot of experience, dedication, emotional detachment, and planning that you probably don't have now. FOMO is the worst damn thing.
Benjamin Hall
>those stocks You get what you deserve I suppose.
Tyler Cook
no, you know why? cuz i lost all my money in the 2017 bull market. and when i was going to buy LINK, i bought substratum instead because that fucking kike datadash.
Eli Wood
Most, if not all, of us are addicted to gambling our monies in the stock market. It is a truly nightmarish fate.
Nathan Hernandez
>Then they said, “Come, let us build ourselves a city, with a tower that reaches to the heavens, so that we may make a name for ourselves; otherwise we will be scattered over the face of the whole earth.”
For long long long-term buy and "hold until you're old", Boglehead 3-fund portfolio is the easiest. Full bond, domestic, and international markets with maximum diversification. You can't reliably beat the market, so own the market.
20% BND 70% VTI 10% VXUS
Those are Vanguard funds; Schwab and Fidelity have equivalent funds that track the same indices if you prefer those.
Invest after each paycheck or as often as you're able, and regard inevitable market crashes which happen as "ON SALE, BUY FOR CHEAP" signs so you don't panic-sell.
but the TQQQ shill has got me convinced that owning total market funds or index trackers is retarded and that tech will be here for the next 10 years. and honestly, I believe him i dont want to miss out on a massive dip that may be coming, but i am afraid of fucking up and buying the wrong thing when that time comes
Andrew Flores
Recommend me some /smg/ movies or documentaries. I loved The Big Short and Enron: The Smartest Guys in the Room.
Sell WKHS and SSL. Just buy SPY or QQQ instead. Just dont buy memes.
Wyatt Edwards
BLOOD RED TOMORROW.
Sebastian Butler
Is this a bad or good fren? I can't see futures
Adrian Davis
Fuck that him and you
Benjamin Walker
Open your eyes.
Xavier Price
>but the TQQQ shill has got me convinced that owning total market funds or index trackers is retarded and that tech will be here for the next 10 years. and honestly, I believe him
Nobody owns a crystal ball that tells you what the world will be like in 5, 10, 20 years. If you're comfortable with TQQQ, by all means go for it as long as you know the implications. I would not have wanted to hold on to such a thing exclusively back when the dot-com bubble burst.
I prefer whole market because diversification is the ONLY "free lunch" in investing. There will always be sectors that are struggling here, and sectors that are prospering there; WHICH sectors struggle or prosper, changes with the tides.
Aiden Cruz
She wants to tax all stock transactions
Hudson King
Guys I've been doing really well this year. Made $56,000 in the stock market. But this means I'll owe the IRS over $12,000. I'm an accountant, so I'm trying to think of every dirty trick in the book, but this amount is really high.
