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  1. #11
    auminer's Avatar
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    Unless you're willing to take the time to research & educate yourself about investing, micro and macro economics, learn how to read a balance sheet, 10Q, know what a PEG ratio is, what EBITDA/EV means... etc, etc, etc.... You're FAR better off, if you feel the need to invest in US equities... to simply buy shares of SPY. That is a share of basically an exchange-traded mutual fund that invests across the entire S&P500. About 70% of professional mutual fund managers underperform the S&P 500 every year. There's a pretty famous guy in investing circles by the name of Bill Miller. Why's he famous? His Legg-Mason value trust mutual fund beat the S&P 15 years straight. No-one else has ever come close.



    Sooo...If you want to try investing/day trading in individual stocks, go ahead & gamble with whatever you can afford to lose & get it out of your system. Then, go find some site like marketocracy.com and try investing with imaginary money until you learn what works & what doesn't. THEN apply what you've learned in the real world.
    Out of clutter, find simplicity. --Albert Einstein

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