If you want to be an active hobbyist investor, may I suggest Magic the Gathering or Pokémon cards or Lego sets?
Basically, pick anything that's too small and niche for the serious players to tackle.
(If you want to invest in stocks, just by an index fund.)
Re:An Intern’s Guide to Trading
by coddle-hark on Thursday July 08, 2021 @04:15AM
(#27769431)
The thing about the stock market is that there’s incredibly powerful incentives for the market to keep growing year after year. These niche markets could crash overnight and no-one would care.
Yes. So I would suggestion people not be active, hobbyist investors.
I suggest you get some hobby that's not in finance. And put your money in index funds.
Re:An Intern’s Guide to Trading
by simonebrunozzi on Thursday July 08, 2021 @04:14AM
(#27769422)
> Basically, pick anything that's too small and niche for the serious players to tackle.
It might not sound like it, but this is truly fantastic advice. Really. I suggest doing the same.
That said, sometimes people get lucky so YMMV. And the Boglehead philosophy and success (following by Jack Bogle, the creator of the first Index fund) has been forged primarily over the last few decades of US markets and people can question if anything substantial might change and when. Always lots of discussion about such things on that web board. https://en.wikipedia.org/wiki/John_C._Bogle