Quote:
Originally Posted by Dalko43
Why are you investing in apple? Do you expect the stock to go up?
Do you think stocks in general are over-priced?
Do you even know how to calculate cost-basis?
99% people on this thread have no clue what they are doing or what the criteria for their stock-picking should be.
Go invest in some total market index funds. Day-trading and stock-picking doesn't work for the average institutional or individual investor. The majority of actively managed funds (aka stock-pickers) under perform their relevant benchmark over the long term and short term.
SPIVA scorecards don't lie:
http://www.spindices.com/documents/s...-year-2014.pdf
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I agree, day trading on ones own without really knowing the ins and outs of the market is not wise. You mentioned investing in total market funds S&P 500 as an example? You seem to allude to the idea that managed funds, such as mutual funds, do not perform, is my understanding correct?