Comments

You must log in or register to comment.

a_simple_ham t1_j6ek2cy wrote

Step 1: Go to r/investing

Step 2: Stay away from wsb

7

VisualMod t1_j6ee05v wrote

>There is no one-size-fits-all answer to this question, as the best platform for investing in stocks will vary depending on your individual goals and circumstances. However, some good places to start researching stock investment platforms include online brokerages such as E*TRADE or TD Ameritrade, mutual fund companies like Vanguard or Fidelity, and robo-advisors like Betterment or Wealthfront. Whichever platform you choose, be sure to carefully read over all the terms and conditions before opening an account.

3

FailArmyofOne t1_j6ekbzd wrote

I'm always cautious about giving advice - mostly because I thought I was a genius in 2021 and confirmed I was a fool in 2022. So, no advice on where to start, but a thought on where not to start. The biggest mistake I made while trying to shed my newbie digs, was to fall for the posts that shouted,"You must buy this hot stock now!!!", both here and out in other sources. Each time I tried, I was late to the game and the stock tanked after the hype ended (called bag-holding). I did a lot of that early on. Try not to get too excited over another person's research.

3

5k4_5k4 t1_j6eno7n wrote

WSB is not investing, most people on here don't even have a trading strategy so it's just gambling.

Trading is a 0-sum game so you have to beat people that are sitting on wall street with Bloomberg terminals and can place trades in < 0.1 seconds, do you think you can do that lol? It's pretty hard and takes a lot of dedication trust me.

2

wallstreetbets-ModTeam t1_j6exyp3 wrote

Thanks for your submission!

r/WallStreetBets is known for making absurd but sometimes profitable trades that no one ever considered possible.

To keep making that possible, we need your help in keeping the feed of threads interesting and exciting.

We try to move all the short and basic questions, analysis, or jokes to the daily thread so that the best quality content can stick around and be more visible.

This is definitely a bit subjective, and there are no hard and fast rules, but a few indicators that your post should have really been a comment in the daily thread include:

  • Asking a question that is easily googleable or has likely been asked before. E.g. "What app should I use?", "What should I invest in?".

  • Beating a meme to death, like the 10 millionth, "inverse cramer" joke again.

  • Reposting jokes from the front page but slightly altered to be related to trading.


All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers.

If you need some guidance, don't hesitate to reach out to modmail and we'll give you some pointers!

1

ndvDogeDiamondHands t1_j6ey8p9 wrote

This is a casino sir.

However you might discover that your life wasn't that bad until you joined us degen regards.

You'll learn how to yolo your last savings and your kids inheritance after some defunct business without any hope of make any gain and also you'll meet Mr. Margin Call.

Aandon hope all ye who enter here (Dante)

1