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  1. Abhorsen

    Anyone else here dabble in the stock market or invest?

    Even if you think you can, you can't. If you aren't using a massive computer that costs tens of thousands, you probably can't daytrade and make a long term profit. That's the kinda equipment needed for daytrade math.
  2. Abhorsen

    Anyone else here dabble in the stock market or invest?

    I'd say yes. On the other hand, I'm not a professional investment advisor, so IDK that you should take advice from this board other than don't daytrade, because you might not be able to filter out bad advice from good advice if you don't know much.
  3. Abhorsen

    Anyone else here dabble in the stock market or invest?

    How much money are a) you willing to lose, and b) does the stock cost? Also, through Robinhood, you can by fractional stocks. But don't daytrade on Robinhood. The reason the platform is free is because they bundle stock buys and sell the info about the upcoming stock buy to big investors. This...
  4. Abhorsen

    Anyone else here dabble in the stock market or invest?

    The idea is that one does both of these things. You want to invest the money you have saved, while also earning a salary. I'd just invest in a SPYder, then hold. This is also not where you put all of your money, just some of your long term savings.
  5. Abhorsen

    Anyone else here dabble in the stock market or invest?

    This is very true. Day trading is gambling. The only way to consistently make money if you don't want to spend every moment doing stocks is buy and hold.
  6. Abhorsen

    Anyone else here dabble in the stock market or invest?

    I'm invested in PENN (Penn National Gaming), because they own Barstool Sports, and that seems to just keep going up. I put the rest of my money in a generic SPY, which is just an S&P 500 stock. Then a bunch of money in the bank. I plan on moving more of my money into stocks in the future, but...
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