INVEST FORUM

reddit.com/r/wallstreetbets

oh, thank you buddy for the quick response!

oh certainly, I would like to, but first, I need to learn something about this. I’m completely new. What should I read to learn more?

This is an ideal location for novices to acquire knowledge.

thx mate!

I would begin by familiarizing myself with the basics; There is a distinction between investment (wealth you aim to gather and increase over time), trading (a series of short-term wagers i.e. attempting to time purchases and sales on a week-to-week basis), and speculation (simply betting on things that you believe will rise or fall in value without any real solid reason, and focusing more on their fluctuations than on the actual value of the item you are purchasing. I regret to say, but most cryptocurrency falls into this category.)

I’m not sure about your timeframe, or if you are trying to save for CLL quickly. However, I would highly suggest learning about lower-risk long-term investing initially – it is a skill that will benefit you well beyond the scope of this forum. Progress from there as you gain confidence. Research the concept of an index fund and the significance of investing in the S&P 500. Explore opening a brokerage account, and if you don’t have one, a retirement account (that you can start to fund separately from your CLL savings). Understand the contrast between debt securities (e.g. bonds) and equity securities (e.g. stocks). If you have debts, devise a strategy to repay them as soon as possible. These are a few terms you can use to begin.

In all honesty, in previous years I contemplated saving for limb lengthening surgery, but now it’s no longer on my mind. At 174 cm tall naturally, I don’t feel as short as I used to. I’ve been away from this forum for a few years, but now I’m interested in investing. I recall reading a thread here about investment, but I can’t seem to find it. So, rather than risky operations, I’m focusing on lower-risk long-term investing. I’ve been following a particular company for the past few months, even purchasing some shares. However, I want to expand my knowledge on this subject. I’m not in a rush, and as with everything, time is crucial. I may ask you all some questions soon. One of my main challenges is language barrier due to technical jargon, which slows me down, but it’s essential to push through.