Re:Ask HN: Do you day trade in stock market? What are your i...
by bbcbasic on Thursday August 06, 2015 @04:46PM
(#10019336)
Seems reasonable but not all good advice:
> One reason I like startups is that they represent a middle way: you can get some equity or ownership in a business that might turn out very well, but you also get a salary.
Yeah just search HN for the horror stories. Enough said.
Work out if the EV is better working for big corp and using your extra salary to buy shares. But...
> Can you guess what happened next? The dot com crash happened, and shares of Cisco plummeted to $12/share.
> One reason I like startups is that they represent a middle way: you can get some equity or ownership in a business that might turn out very well, but you also get a salary.
Yeah just search HN for the horror stories. Enough said.
Work out if the EV is better working for big corp and using your extra salary to buy shares. But...
> Can you guess what happened next? The dot com crash happened, and shares of Cisco plummeted to $12/share.
Yes you need a portfolio.