Very well Known Member
- Apr 4, 2015
- Reaction score
- Chicago, IL, USA
You drifted off at the end there, Ace.I just love the freedom of trading stocks online with $5.00 trades. Also, the corporate and economic information available is great. I marvel at all the experts that totally disagree. What is not being said is that it's easy to pick winners in a bull market. Finding them in a bear market seems next to impossible. Amgen is one that is supposed to do well in a bear market. I have a rule about bottom fishing also. "A dollar stock can easily go to $0.50. GE can be tempting, but only because of its past. I have been in real estate, but it seems to me that the property taxes have become punitive. Millenials are not buying houses like previous generations. They don't like beer or golf or guitars either, as much. I love owning a house outright and medicare and social security are great. It's money that I paid in, so I deserve it. Is anyone else noticing more Subaru cars and SUVs on the road? I think it's the all wheel drive. I am watching that stock. Ace
I think it just depends on how you want to approach the stock market. If you want to invest in a stock, or a fund (mutual or index), then finding something with solid fundamentals will likely work out well for you as an investment. If it has dividends, that's even better for investors. If you want to be more of a trader you need to look at price action, volume, chart patterns, market sentiment, trading psychology, news/catalysts, etc. to know when the right time to get in and out are. The potential to earn more money with small accounts (basically your every day person, not hedge fund managers) is far greater with the latter, but most people do not want to put in the work. Also, it's not too difficult to find profitable stocks in a bear market. You just need to know how to look for them. You can also short stocks and make money on them while their price goes down. There is always money to be made in any market.