All things STOCKS

#17,707
#17,707
A third consecutive strong up day could have indicated that the pullback had bottomed. But the extended hours trading is currently in the red.

After the big swings this week, we might be closing around where we started. Which isn’t necessarily a bad thing.
 
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#17,711
#17,711
Good response by markets in the first 30 minutes. That's traditionally set the tone for the trading day, but this last month has been anything but traditional. Let's see how today goes.
 
#17,713
#17,713
What are the best stocks to put in for beginners? I’ve been debating doing this for a while but honestly just don’t know enough about it to throw money at it.
 
#17,714
#17,714
VolKnight9 said:
What are the best stocks to put in for beginners? I’ve been debating doing this for a while but honestly just don’t know enough about it to throw money at it.
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I would suggest ETF's for a beginner. Even seasoned vets have a good percentage of their capital in ETF's. Check out QQQ, QQQE, VOO, and VTI to start. Then dabble a bit with a little money on stocks you have conviction in as you learn more about what you are doing.
 
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#17,715
#17,715
VolKnight9 said:
What are the best stocks to put in for beginners? I’ve been debating doing this for a while but honestly just don’t know enough about it to throw money at it.
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Broad market ETFs may be a good starting point as you learn more about specific sectors along and along. For example, SPLG is one that tracks the S&P500, so you spread out your investment across multiple positions (which is generally safer than going all-in on one or two hot stocks). If dividend investing is of interest, dividend-oriented ETFs also exist (SCHD and DGRO come to mind). The important thing is to read up on what you want to invest in prior to throwing money at it, and ask yourself if its attributes align with your needs/goals. What do you want your investments to do (income vs growth balance)? What is your timeline (long or short term)? Etc...
 
#17,716
#17,716
VolKnight9 said:
What are the best stocks to put in for beginners? I’ve been debating doing this for a while but honestly just don’t know enough about it to throw money at it.
Click to expand...
Look at Vanguard index ETFs. Somebody mentioned VOO. There are a couple others that i will edit here when I get home later. They have really low fees and grow really well. If you don't mind me asking, how old are you? If you are younger, you can afford more risk than if you are fixing to retire. Initially though, I would stick to index ETFs that track the markets, and once you get a nice foundation built up start dabbling in individual stocks.
 
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#17,717
#17,717
SpaceCoastVol said:
Look at Vanguard index ETFs. Somebody mentioned VOO. There are a couple others that i will edit here when I get home later. They have really low fees and grow really well. If you don't mind me asking, how old are you? If you are younger, you can afford more risk than if you are fixing to retire. Initially though, I would stick to index ETFs that track the markets, and once you get a nice foundation built up start dabbling in individual stocks.
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If you are getting into a fund, watch your expenses. Vanguard index funds have very low expenses.

Actively managed funds have higher expenses. I personally don’t pay more than one percent.
 
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#17,718
#17,718
VolKnight9 said:
What are the best stocks to put in for beginners? I’ve been debating doing this for a while but honestly just don’t know enough about it to throw money at it.
Click to expand...

Definitely invest in Exchange Traded Products (which include ETFs) at least until you get familiar with how investing works.

If buying individual companies, you really need to own about 10 different stocks to greatly reduce one of the two main types of risk. Security risk, or risk related to a specific company, reduction is achieved through diversification. Owning several different types of companies or an ETF based on a broad index like the S&P500, Dow Jones Industrial Average, or NASDAQ 100 will result in a lot of security risk mitigation. Market risk is the other main type of risk - that’s what’s been happening to entire markets and investments for the last month or two. Market risk is challenging to avoid.

Taxes. There are at least 3 really good tax breaks for us commoners. (1) Long-term capital gains rates are lower than the short term capital gains tax rate. Try to hold stocks and ETPs/ETFs for at least 12 months for the lower rate to apply. (2) Roth accounts. Try to max out what you can put into a Roth retirement account every year. You also want to use cash outside of the retirement funds to pay the taxes that are due on the front end (this really only applies when converting a non-Roth retirement account to a Roth retirement account). Roth accounts are outstanding legal tax avoidance investments. (3) Stepped up cost basis when appreciated assets are passed to beneficiaries. There is no tax paid on qualifying, appreciated assets. The stepped up basis rule doesn’t apply to annuities. The insurance people selling them won’t want to share that information.

Hold on to winning investments. The good ones usually continue to appreciate. Avoid high frequency trading. Buy good companies and hold on to their shares of stock for the long run.

Cheap stocks and penny stocks are cheap for a reason. 99.9% of them are trash.

Learn concepts from investopedia dot com. Start with “diversification”. And “ETFs”. And “earnings” and “price-earnings ratio”. And “market capitalization”. And “management fees” on funds/ETPs (ETFs).
 
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#17,721
#17,721
#17,722
#17,722
Investing is far more intimidating than complicated.

Many people are fearful. Many lack the necessary patience. If it affects your life adversely in other areas, like not sleeping or putting money at risk that is needed for basic needs, then don’t do it. People that don’t have self control, like gambling addicts, should steer clear.
 
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#17,723
#17,723
I'm glad I'm not responsible. The executive team thinks pre-determining earnings is the most important thing on earth, and they just can't do it anymore.
 
#17,725
#17,725
mrorange211 said:
Hard to think we don't go more positive this week which has me thinking we do the opposite.
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Nice quiet day. Up 0.2%. Down 0.2%. Trending towards 0.0%. Up 1%, 2%, 3% is cool. But then it usually is given back the next day or soon thereafter. A lot of selling after positive days. A stealthy +.2% a day for 3 out of 4 weeks or so would be a nice change of pace.
 
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