Buying individual stocks is a fools game for non-UHNI (poor) people. Keep your more-or-less passive funds investments, like low-fee mutual funds and index funds.
If you want more retirement money, it’s far better to spend the time to in yourself (skill upgrading/job upgrading) than it is to worry about trying to bet on individual investments. If you’re putting away 10% of your income per year into your retirement savings, you can double your retirement savings by increasing your job salary by 10% and then just putting all of the extra away too. Getting a 10% increase in your salary is a lot easier than picking a stock or stocks that will going to go up twice as much as the overall market.
Honestly, how to evaluate stocks for my first individual share purchases. I’ve only ever had more-or-less passive funds investments.
It’s all a bit overwhelming.
Buying individual stocks is a fools game for non-UHNI (poor) people. Keep your more-or-less passive funds investments, like low-fee mutual funds and index funds.
If you want more retirement money, it’s far better to spend the time to in yourself (skill upgrading/job upgrading) than it is to worry about trying to bet on individual investments. If you’re putting away 10% of your income per year into your retirement savings, you can double your retirement savings by increasing your job salary by 10% and then just putting all of the extra away too. Getting a 10% increase in your salary is a lot easier than picking a stock or stocks that will going to go up twice as much as the overall market.
I hear the apes over at WallStreetBets know a thing or two.
One might even call them Reddit Experts in a not-at-all-astriturfed community.