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Dallas66

12/24/19 6:29 PM

#772 RE: restripe #769

Every day is a good day to invest in the stock market. It depends on several things of course. One's risk tolerance, long/short term goals, investment philosophy, and probably the hardest...greed control/patience.

As an example, I have been investing for about 50 yrs now. Always reading and watching what others post. My personal reasoning is at some point...even the most asinine and obnoxious poster on these boards may at some time say or mention something that gives me a bit more insight to help me in my investing decisions.

I personally prefer dividend stocks with a little risk for the higher dividend. I invest in a dozen or so stocks that pay monthly and quarterly dividends. This allows me enough time to graph my stocks in excel and compare values before my next investment. I try to maintain an average dividend yield of 8% - 10% per year.

With the instant ability to find most information to use as fundamental DD for free on the net, you can make a reasonably prudent decision to invest (in a particular stock) or not. I do a lot of "paper" trading...sometimes I invest...other times I pass on a stock after tracking it and compiling DD for a few months. It's all free info on the web if you spend the time to search. Even on ihub, as Bar said...penny stocks are pretty much a lotto play. very very few are worth the time/effort. I've dabbled in a few over the years and am lucky to have actually come out with a small profit overall...but to me was not worth the time and money.

As I mentioned...patience/greed is probably the most difficult part of investing...too many people look for that multi bag bet and lose their ASSets due to undisciplined or uncontrolled greed. Pick an area (industry) you are interested in, or comfortable with...do some research...maybe do some paper trading to get comfortable...maybe you don't invest today...tomorrow...or next month...but give yourself the benefit of making an educated decision. You won't win every time...no one does...but if you do the research and understand your investments...in the long term, you will win.