I submit to you that anyone who give a "stock tip" is either full of it OR breaking the law because they have insider knowledge they shouldn't share. No just legally informed person has a good "stock tip."
The ONLY good stock tip that doesn't fall into one of those two categories is if the tip is just to invest in stocks...only in mutual funds and as diversified as possible. Do it without fail. It should be your main priority after shelter and food.
We get it, build a solid foundation of diversified funds, add in a few months cash reserves. max out the company match.... then you might try some individual stocks with a small portion of your portfolio that you can risk losing if it were to come to that (abbreviated version).
So how do you pick what that stock, or handful of stocks, might be? Well, you read recommendations from analysts, you do a little research and due diligence, you keep your eyes and ears open for recommendations and stock tips, all within the parameters of the above.
And don't forget that stuff about your risk tolerance.
It's not so hard, now is it?
Look, this fella did just that 3 months ago, see link below. And if one were open minded and receptive and attune, they would have made nothing less than a 60% return on investment. Not bad for less than 3 months, no? And lest I forget:
You shouldn't buy individual stocks until you meet ALL of the following criteria (for most people with $10 million or less in liquid assets):
1) You have ZERO debt including either a paid for house OR money set aside that would BUY a house outright or pay for rent increases the rest of your life. This doesn't include assisted living.
2) If working, you are still putting in 15% or more into retirement accounts made up of stock-containing mutual funds.
3) If retired, you are only buying individual stocks with disposable income that you can afford to lose complete.
4) You buy no fewer than 5 stocks, and those stocks need to be in no more than ~20% in any one sector of the market. So, if you buy five, spread them out evenly into 5 different market sectors. If you buy more than 5, you have more leeway.
5) Yes, you have to come up with some sort of reason to buy an individual stock if you are going to buy them. Even though I meet the criteria to own individual stocks, I have decided so far that I don't need to, so I haven't done it. None of the information you can get on a stock from legal sources can qualify as a "hot stock tip." An educated guess that it's a good time to buy perhaps, but not a hot stock tip. Perhaps just semantics there, but I'll stick with what I've said.
How do you know so much about this topic? I mean, I didn't know that.
On Bezos just rumors. On testosterone, when I was a Division I coach you had annual unannounced testing. They would randomly test a handful of athletes. Some of the signs of use, of course that was 27 years ago, waxy skin and pimples on the back. There was a Boise supplement company, forget the name, popular in gyms cited for testosterone like compounds.
We get it, build a solid foundation of diversified funds, add in a few months cash reserves. max out the company match.... then you might try some individual stocks with a small portion of your portfolio that you can risk losing if it were to come to that (abbreviated version).
So how do you pick what that stock, or handful of stocks, might be? Well, you read recommendations from analysts, you do a little research and due diligence, you keep your eyes and ears open for recommendations and stock tips, all within the parameters of the above.
And don't forget that stuff about your risk tolerance.
It's not so hard, now is it?
Look, this fella did just that 3 months ago, see link below. And if one were open minded and receptive and attune, they would have made nothing less than a 60% return on investment. Not bad for less than 3 months, no? And lest I forget:
You shouldn't buy individual stocks until you meet ALL of the following criteria (for most people with $10 million or less in liquid assets):
1) You have ZERO debt including either a paid for house OR money set aside that would BUY a house outright or pay for rent increases the rest of your life. This doesn't include assisted living.
2) If working, you are still putting in 15% or more into retirement accounts made up of stock-containing mutual funds.
3) If retired, you are only buying individual stocks with disposable income that you can afford to lose complete.
4) You buy no fewer than 5 stocks, and those stocks need to be in no more than ~20% in any one sector of the market. So, if you buy five, spread them out evenly into 5 different market sectors. If you buy more than 5, you have more leeway.
5) Yes, you have to come up with some sort of reason to buy an individual stock if you are going to buy them. Even though I meet the criteria to own individual stocks, I have decided so far that I don't need to, so I haven't done it. None of the information you can get on a stock from legal sources can qualify as a "hot stock tip." An educated guess that it's a good time to buy perhaps, but not a hot stock tip. Perhaps just semantics there, but I'll stick with what I've said.
I'll buy most of that, except #4 about needing to diversify. The stock picks can be the speculative part of a portfolio and as such, I don't think you need to follow rigid rules about undue downside protection. It's the little pot of speculative assets.
That said, I think investing is nothing if not a learning experience. Your guidelines are a good starting point, and I expect that seasoned investors may tweak it as they gain experience and learn their way. And with a good bit of experience, some of these could get tweaked quite a lot, at least in my estimation.
How do you know so much about this topic? I mean, I didn't know that.
On Bezos just rumors. On testosterone, when I was a Division I coach you had annual unannounced testing. They would randomly test a handful of athletes. Some of the signs of use, of course that was 27 years ago, waxy skin and pimples on the back. There was a Boise supplement company, forget the name, popular in gyms cited for testosterone like compounds.
Thank you, coach!
The new gym that opened up in my neighborhood doesn't really draw the hardcore Gold's Gym type crowd, and it never really crossed my mind that any of these guys might be juiced. Is it that common? I've got no idea.
On Bezos just rumors. On testosterone, when I was a Division I coach you had annual unannounced testing. They would randomly test a handful of athletes. Some of the signs of use, of course that was 27 years ago, waxy skin and pimples on the back. There was a Boise supplement company, forget the name, popular in gyms cited for testosterone like compounds.
Thank you, coach!
The new gym that opened up in my neighborhood doesn't really draw the hardcore Gold's Gym type crowd, and it never really crossed my mind that any of these guys might be juiced. Is it that common? I've got no idea.
My son and son-in-law lift 3-4 times pretty heavy. Power lifting stuff, 350 bench, 450 squat and dead lift. They don’t do that. I would tend to believe it is more the folks that just want to look buff without the work. Anti aging dopers. I did have a walk-on discus thrower quit before a drug test. Our school was 15 mikes from the Mexican border, so drugs were readily available. I was suspicious of this guy, aggressive too, along with the waxy look, back pimples.
Loaded up on SOXS and TECS, so praying the rally wobbles. I’ll move on knowing the loon will be trolling by morning.
This post was edited 4 minutes after it was posted.
On Bezos just rumors. On testosterone, when I was a Division I coach you had annual unannounced testing. They would randomly test a handful of athletes. Some of the signs of use, of course that was 27 years ago, waxy skin and pimples on the back. There was a Boise supplement company, forget the name, popular in gyms cited for testosterone like compounds.
Thank you, coach!
The new gym that opened up in my neighborhood doesn't really draw the hardcore Gold's Gym type crowd, and it never really crossed my mind that any of these guys might be juiced. Is it that common? I've got no idea.
My son and son-in-law lift 3-4 times pretty heavy. Power lifting stuff, 350 bench, 450 squat and dead lift. They don’t do that. I would tend to believe it is more the folks that just want to look buff without the work. Anti aging dopers. I did have a walk-on discus thrower quit before a drug test. Our school was 15 mikes from the border, so drugs were readily available
On Bezos just rumors. On testosterone, when I was a Division I coach you had annual unannounced testing. They would randomly test a handful of athletes. Some of the signs of use, of course that was 27 years ago, waxy skin and pimples on the back. There was a Boise supplement company, forget the name, popular in gyms cited for testosterone like compounds.
Thank you, coach!
The new gym that opened up in my neighborhood doesn't really draw the hardcore Gold's Gym type crowd, and it never really crossed my mind that any of these guys might be juiced. Is it that common? I've got no idea.
My son and son-in-law lift 3-4 times pretty heavy. Power lifting stuff, 350 bench, 450 squat and dead lift. They don’t do that. I would tend to believe it is more the folks that just want to look buff without the work. Anti aging dopers. I did have a walk-on discus thrower quit before a drug test. Our school was 15 mikes from the border, so drugs were readily available
The new gym that opened up in my neighborhood doesn't really draw the hardcore Gold's Gym type crowd, and it never really crossed my mind that any of these guys might be juiced. Is it that common? I've got no idea.
My son and son-in-law lift 3-4 times pretty heavy. Power lifting stuff, 350 bench, 450 squat and dead lift. They don’t do that. I would tend to believe it is more the folks that just want to look buff without the work. Anti aging dopers. I did have a walk-on discus thrower quit before a drug test. Our school was 15 mikes from the border, so drugs were readily available
Good to know.
We'll welcome back and hope you join us more regularly now!
... and I just realized, that is a humongous lot of weight those boys are lifting. I saw some guy doing a few squats at about 350 lbs, and I had to comment about it being a lot of weight.
Hindsight is 20/20, anyone can pick yesterday's winner. Now tell me which fund will beat SPY over the next 10 years? You can't, because you don't have a clue.
How do you know so much about this topic? I mean, I didn't know that.
On Bezos just rumors. On testosterone, when I was a Division I coach you had annual unannounced testing. They would randomly test a handful of athletes. Some of the signs of use, of course that was 27 years ago, waxy skin and pimples on the back. There was a Boise supplement company, forget the name, popular in gyms cited for testosterone like compounds.
Yay the Texas high school coach Igy is back. Mr. Wrong himself. The SPX is at 4283 and climbing. A far cry from the 3000 you predicted would have happened by January ‘23 if not earlier? Only 43% wrong! I sure would have hated to be an investor with you.
Also, I heard you were run out of here because you were making some highly questionable remarks on other threads? What happened there? I’m not going to check back for your reply but I’m sure it will be funny because I know you’ll be steaming over your computer typing away furiously.
You shouldn't buy individual stocks until you meet ALL of the following criteria (for most people with $10 million or less in liquid assets):
1) You have ZERO debt including either a paid for house OR money set aside that would BUY a house outright or pay for rent increases the rest of your life. This doesn't include assisted living.
2) If working, you are still putting in 15% or more into retirement accounts made up of stock-containing mutual funds.
3) If retired, you are only buying individual stocks with disposable income that you can afford to lose complete.
4) You buy no fewer than 5 stocks, and those stocks need to be in no more than ~20% in any one sector of the market. So, if you buy five, spread them out evenly into 5 different market sectors. If you buy more than 5, you have more leeway.
5) Yes, you have to come up with some sort of reason to buy an individual stock if you are going to buy them. Even though I meet the criteria to own individual stocks, I have decided so far that I don't need to, so I haven't done it. None of the information you can get on a stock from legal sources can qualify as a "hot stock tip." An educated guess that it's a good time to buy perhaps, but not a hot stock tip. Perhaps just semantics there, but I'll stick with what I've said.
I'll buy most of that, except #4 about needing to diversify.
Well, you are ALMOST 100% correct then. Once you get to the point that you KNOW that even your individual stocks need to be diversified, then you will be 100% correct.