This is advice intended for the FOMO crowd and, especially, those going into the meme stocks.
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This is not a replacement for learning how to invest. You still want to be proficient in fundamental analysis. This involves studying, reading, and even self testing and simulations if you want this to be a serious complement to your income.
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You're going to get burned eventually. Actually, we're all going to get burned eventually unless we're politicians involved in insider trading or Bill Gates with all the farmland. It's going to hurt but don't let it chase you away. Even with the burns, this is one of the best ways to accrue wealth, just don't expect it to be meteoric every week thanks to the latest meme stocks.
Submitted January 24, 2021 at 05:55AM by JoshTheBear_ https://ift.tt/39TK4cE
