Originally Posted by
J Fish
Sorry for the hijack but I’d like to pick the brains of you regular investors. Yes, I’ve heard not to ask investing advice from pilots but screw it. We know everything, right?
I’m new to investing and am currently playing with a few thousand of fun money until I get some experience. I’m looking for good stocks that I can buy and sell a month or so later (on average) with a decent return. I guess those would be ones with a fairly regular up & down cycle. I’d also like some advice on some good dividend stocks.
The ones I’m currently playing with are TSLA, MA, NVDA, AMD, AMZN, & ZM. I also dabble a bit in BTC.
Also, I’m currently using the cash app for my trading as fees are very low (except BTC) and I can do stocks and BTC on one platform. Are there other options I should look into?
Yes. Park your money in an S&P500 or Target date fund and thank me in 30 years.
You aren’t investing, you are trading. You’re going to get killed but since it isn’t a lot of money look at it as tuition. I did the same and it eventually led me down the simple path towards low-cost, long term investing.
Good luck.