Work Space for Learning How to Research Stocks
This thread will explore the following question: Would it be possible for a recreational investor to achieve decent returns from investing in individual stocks instead of an index fund – from home using internet resources, without needing to invest a ton of time?
There seems to be some conflicting reports as to what may be achievable?
On the one hand - investing experts haven't always had the greatest track record ...
- 1. Monkeys, cats, and other random picks have routinely outperformed many experts
- 2. Many experts, after doing research, seem to think Amaya's a good buy 😮
On the other hand – Warren Buffett believes that if even cats can do it, people should be able to manage 😆
http://time.com/money/4428509/warren-buf...On buying individual stocks: “If you like spending six to eight hours per week working on investments, do it. If you don’t, then dollar-cost average into index funds.”
Something else that seems like it may be possible for even a recreational investor to do okay from home, is that there seem like there might be quite a few similarities between poker and investing? As in poker, it sounds like it might be possible to minimize the risks associated with uncertainty, by gathering and processing info, to help in finding the most +EV choices?
Have had good luck with investing so far, but did get lucky – so this thread will explore if it's possible with research to help improve the odds of continuing to do well with the stock market?
Hope it's okay to post my thread in this section of 2+2 - looks like a lot of people are using quieter area to reflect on what's on their minds? So that'll be nice ...
Preliminary Findings - added August 29, 2017
Investing in stocks does seem to be quite a bit like poker?
- 1. There's promos for recreationals - the government offers very generous tax breaks to encourage amateurs to participate, which makes buying and selling tax free
- 2. Have been trying to maximize EV to stick with strong starting hands, and then continue to gather info and monitor changes post-flop - have stuck with investing in quality companies that appear like they may continue to grow profits in the long-term, like Amazon and Facebook
- 3. Have been avoiding higher stakes play where the sharks hang out - so no day trading, options, or short-selling ... any more 😊
- 4. Guess there's still risk and uncertainty though - so guess it helps to run lucky! 😆
