Replies to post #341 on Shopify Inc (SHOP)

[bar1080]

You sank $38,000 in your first stock (!!!), a dangerously risky tech (very few tech stocks succeed long term, which is why Buffett avoids them).

You should have instead spent $15 for a copy of Ben Graham's "The Intelligent Investor," a guaranteed investment! Learn from the master, Buffett's teacher, why sensible diversification is vital.

BTW, I'm a lawyer by education with decades of investing experience, and success. SHOP is very risky at this price level. It has tons of competition.

[wsgalvanize]

.....sound thinking backed by a bold use of funds on your part.Good luck Phattwoohie!
I hope the link below works for you....


https://www.fool.com/investing/2017/10/09/why-youre-smart-to-buy-shopify-inc-us-despite-citr.aspx

[bar1080]

Explain?

Phattwoohie: "I have made a killing, I started with a 38k investment in SHOP and so far have turned that into 110k so it ain't too bad."