Ok so, I have a 401k, started it 12 years ago and I’ve raised just over $110k. In my 20s I had tens of thousands in debt. I’ve managed to pay it all off. I have a house which I’m paying for, not renting. I’ve got just over $6k in savings. I’ve always thought about learning and getting into stocks. The other day I did something and I’m not sure if it was smart or dumb to do… I opened an etrade account. I’ve deposited $1,000.00 into it. The funds are still being verified. Anyway… I’ve done some Google searches on just stuff I like and then I look at their stock info, layoffs, possible new ventures they might be going into, etc. I’m worried that once funds are verified that I’ll mess up and fall into a newbies pitfall that I could have avoided. So what would you recommend for a first time super inexperienced guy like me? My goals are both for short term wins and long term gains. So with that said, I looked at United Airlines. With all the crap that happened I thought I’d see how low it goes and then maybe buy because I feel it’ll recover. I won’t feel bad if the thousand bucks is lost because I’ve never tried this and I’ve thought of all the times I’ve gambled in a casino and dropped a hundred bucks on a dumb bet, at least in stocks I can do some research. Anyway, any help, advice, or just something you would have wanted to know when you were first dabbling would be very welcomed. Thanks guys!
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April 27, 2017 at 12:35PM
from /u/dondizzle
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