Outside of crypto I'm not very familiar with investing, but I think I will grab the free share from Robing Hood at least. Though I got interested when you mentioned having shares on green energy and cannabis – I can see those industries doing well in the future, so maybe I will diversify on those, too, when it becomes timely (ie. when I get my first paycheck form my job).
Let me know if you have any questions about it! I can make some recommendations for stocks in those sectors. You'll probably need an M1 account for that since you're going to be picking individual stocks and you probably don't want to dump your money in whole shares. Just don't go in with more than the account minimum at first until you really know what you're doing.
I actually got interested in crypto because I had been playing around with stocks for a while and it was super exciting seeing this whole new asset class bouncing around. It's similar to day trading penny stocks in a way. If you know the basics of how those markets work, then you probably already have a basic vocabulary of how the regular stock market works.
Thanks! Yeah, I fell out of the habit of writing when I started my business last summer, and that took up much of my creative energy.
Anyone getting into stocks should be able too see that throughout all the booms and busts in history, the market always ends up going up. With that fact in mind, why take on the additional risk of timing the market?
The same goes for crypto. Don't be like those guys who panic sold bitcoin when it was $30. Investing means you are in it for the long haul.
Thank you for bringing our attention to things I had never heard of. Especially valuable to have these money matters reviewed in a balanced and cautionary manner.
I doubt you'll be picking up this reply any time soon, or will find time to write a little more about your life now that you are working towards building a comfortable nest egg. I can just about anticipate what you might have to say on how investing enriches one's creative side, possibly one's social life, and definitely one's confidence in life, should all go relatively well (remain steady, I suppose is the initial aim). But I have yet to hear how it has broadened one's range of freedom. I shall be writing on this lack of freedom most of us experience (without even knowing it) and would have loved to have exchanged ideas with you.
Thinking hard of you to summon you .....Auuummmmmm.
Outside of crypto I'm not very familiar with investing, but I think I will grab the free share from Robing Hood at least. Though I got interested when you mentioned having shares on green energy and cannabis – I can see those industries doing well in the future, so maybe I will diversify on those, too, when it becomes timely (ie. when I get my first paycheck form my job).
Nice to see you posting again :)
Let me know if you have any questions about it! I can make some recommendations for stocks in those sectors. You'll probably need an M1 account for that since you're going to be picking individual stocks and you probably don't want to dump your money in whole shares. Just don't go in with more than the account minimum at first until you really know what you're doing.
I actually got interested in crypto because I had been playing around with stocks for a while and it was super exciting seeing this whole new asset class bouncing around. It's similar to day trading penny stocks in a way. If you know the basics of how those markets work, then you probably already have a basic vocabulary of how the regular stock market works.
Thanks! Yeah, I fell out of the habit of writing when I started my business last summer, and that took up much of my creative energy.
Yeah, I will definitely just go with the minimum and see how it works out.
I see. What type of business, if I may ask?
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Time in the market >>>>>> Timing the market
Anyone getting into stocks should be able too see that throughout all the booms and busts in history, the market always ends up going up. With that fact in mind, why take on the additional risk of timing the market?
The same goes for crypto. Don't be like those guys who panic sold bitcoin when it was $30. Investing means you are in it for the long haul.
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Thank you for bringing our attention to things I had never heard of. Especially valuable to have these money matters reviewed in a balanced and cautionary manner.
I doubt you'll be picking up this reply any time soon, or will find time to write a little more about your life now that you are working towards building a comfortable nest egg. I can just about anticipate what you might have to say on how investing enriches one's creative side, possibly one's social life, and definitely one's confidence in life, should all go relatively well (remain steady, I suppose is the initial aim). But I have yet to hear how it has broadened one's range of freedom. I shall be writing on this lack of freedom most of us experience (without even knowing it) and would have loved to have exchanged ideas with you.
Thinking hard of you to summon you .....Auuummmmmm.