Has anyone here ever made any profitable stock or other asset class picks?
Every piece of advice I've acted on from 4chan has lost me money, from the gold miners last year to alt coins to MTG to US weed stocks.
Jesus, are any of you actually solvent?
>>1697848
r9k knows
>>1697848
Capital gains come from diversification across [low/uncorrelated] asset classes and time.
>>1697848
I try and meme realestate here every once and a while, but there are so many delusional faggots here that want to make money from their mom's basement rather than go out and do real investing. Shit, its hard just to rise above all the retarded crypto coin gambling threads that seem to make up 50%+ of the post some times.
>>1697848
defense stocks are a good purchase rn
>>1697848
Don't buy stocks that people are pumping on /biz/
Do your own research and buy good quality companies/ETFs on the dips
>>1697848
buy AMD and walk away
>>1697848
>Every piece of advice I've acted on from 4chan has lost me money
That's your problem, right there.
The solvent ones here aren't trading on /biz/ memes. We're just here for the laughs.
If you'd followed the BTC hype you'd have a 100% return at least
>>1697915
>real estate
>real investing
kek
>listening to people on 4chan
I hope you learned your lesson. Here's the only good piece of advice you're likely to find here.
It's very easy to make a moderate amount of money and spectacularly hard to make a large amount of money investing.
When you buy into
>10000% gain in a week
You're fucked because you're trying to make a lot of money.
Treasury securities go at 3% per annum, Treasury Inflation Protected Securities about 2.3% + inflation which is currently at about 2%. This is guaranteed money.
Historically ETFs like the S&P 500 and Vanguard make 7% per annum BUT you will only see this gain over a long period of time, say a decade. In the short term it could go up or down by as much as 50%.
If you are willing to put in effort and intelligence to increasing your returns read The Intelligent Investor and Security Analysis. Both are highly recommended by Buffett. But beware, it's very dry.