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No, lot size will not affect your trades at all.

But you clearly don't really know what you're doing, so before you make any trades I'd do a little research... My suggestions:

Literally any intro Econ textbook.

The Intelligent Investor by Benjamin Grahm

A Random Walk Down Wall Street by Burt Malkiel (Very nice guy, heard him speak recently)

• Read the sidebar.
• Get an account set up at Robinhood.
• Read some books. Eric Tyson's for Dummies books. Grahams The Intelligent Investor. If its raining in Brazil, buy Starbucks.
• Watch Steve Nisson, and learn how to read Candle Charts.
• Visit Investopedia and read their articles and watch videos.
• Learn how to read a balance sheet of a company.
• Learn how to read a trend, and when to sit still vs when to act (often).
• Pick a company, buy it and hold it forever.
• if you insist on "Actively Investing" which usually means just trading, make sure you keep a trading journal. Read/Watch Alex Elders books.
• If you need to invest, but want to play, make two accounts. Never ever confuse the two. Investing is an intelligent, boring, and tedious necessity. Trading is generally an exciting, costly, hobby.
• Learn about Warren Buffet, Peter Lynch, Jack Bogle, and other greats.
• Always remember those with conflict of interest and/or the opportunity to make gains off of you may not have your interests in mind. Demand a written statement of fiduciary responsibility or walk.
• Never underestimate the power of simplicity; Index Funds.

I hope this helps you on your way.

• The Intelligent Investor (Benjamin Graham)

• Security Analysis (Benjamin Graham and David Dodd)

• Extraordinary Popular Delusions and the Madness of Crowds (Charles Mackay)

• Reminiscences of a Stock Operator (Edwin Lefevre)

• Pit Bull: Lessons From Wall Street's Champion Day Trader (Martin Schwartz)

• Market Wizards, Updated: Interviews With Top Traders (Jack D. Schwager)

• The Great Crash 1929 (John Kenneth Galbraith)

• How I Made $2,000,000 in the Stock Market (Nicolas Darvas)

• Confessions of a Street Addict (Jim Cramer)

OP, probably not a popular opinion in this sub, but if you want to beat the majority of investors and have the most likely path to a healthy retirement, look into index funds. This book by Jack Bogle, the founder of Vanguard, lays out incredible evidence on top of evidence on top of evidence that the way to make the most money in investing is via index funds. My comment may get downvoted in this sub, but do some reading and decide for yourself :)

Not how it works. You pay income taxes on whatever you receive as well as capital gains taxes if it grows when you sell.

https://www.schwab.com/public/eac/resources/articles/your_stock_awards.html#:~:text=If%20you're%20granted%20a,whole%20amount%20when%20it%20vests.

OP is using the (relatively) new portfolio option for teenagers offered by FIdelity, I believe other brokerages offer similar profiles but they call them custodial accounts.

As far as learning this stuff goes, the sidebar is your friend. Other subreddits (like /r/personalfinance ) are a goldmine for just getting the general principles of money management down. I'd recommend just following the market before investing in it, just to witness the trends and seeing how major news effects the big caps. You can ask if your job offers a stock purchase plan, I don't know about investing in a Roth at such a young age, then again I didn't really have that opportunity so it might actually be to your benefit. Always remember, the goal of investing is to make more money than what you put in, there is no difference between $100 and $1000, it's all superficial.

I don’t know why people call them candlesticks. Since when do candlesticks have the wicks coming from both ends? It’s more of a roller

Robinhood or any other commission free broker.

You can do your research outside of the app, generally for free.

• Read the sidebar.

• Get an account set up at Robinhood.

• Read some books. Eric Tyson's for Dummies books. Grahams The Intelligent Investor. If it's raining in Brazil, buy Starbucks.

• Watch Steve Nison, and learn how to read Candle Charts.

• Visit Investopedia and read their articles and watch videos.

• Learn how to read a balance sheet of a company.

• Learn how to read a trend, and when to sit still (often) vs when to act.

• Pick a company, buy it and hold it forever.

• if you insist on "Actively Investing" which usually means just trading, make sure you keep a trading journal. Read/Watch Alex Elders books.

• If you need to invest, but want to play, make two accounts. Never ever confuse the two. Investing is an intelligent, boring, and tedious necessity. Trading is generally an exciting, costly, hobby.

• Learn about Warren Buffet, Peter Lynch, Jack Bogle, and other greats.

• Always remember those with conflict of interest and/or the opportunity to make gains off of you may not have your interests in mind. Demand a written statement of fiduciary responsibility or walk.

• Never underestimate the power of simplicity; Index Funds.

I hope this helps you on your way.

Read the Bogleheads guide to investing. This honestly should be required reading for all Americans. The Bogleheads' Guide to Investing https://www.amazon.com/dp/0470067365/ref=cm_sw_r_cp_api_i_6tBgDbZ99RCSR

"There's no faking that". That is where you are very wrong. Stocks have been failing to deliver(FTD) for a very long time. In fact, stocks like AMC and GME has synthetic shares from all these FTDs.

Market Makers in the interest of creating liquidity can "Naked Short" a share with the promise that the share would be found and borrowed accordingly by T+6. However from cases such as Overstock and many other companies over the last two decades that has been shorted into oblivion, Market Makers and Hedge funds just simply collude and let the stock fail to deliver. They have been getting away with this because most retail dont actually care if the stocks are "real" or not. Most dont execute their rights as a shareholder anyway so there is really very little push to incentivize brokers to get you your actual shares.

Source: "https://www.amazon.com/Naked-Short-Greedy-Streets-Failure/dp/1910151343" by Susanne Trimbath

You can use the StockMarketMood app to send alerts when positive or negative news breaks out on particular stocks. Its free.

With only 5-7 years, do not be aggressive. That is a pretty short time period to turn it into a "decent bit more".

Also, don't assume that your knowledge as an end user translates into an accurate analysis of a company. They could make a product or service you love and be losing money hand over fist. If you want to get into individual securities you'll need to learn a bit more about corporate finance for sure. I'd suggest getting through The Intelligent Investor. If you still want to trade stocks after reading that, you'll be on the right track even if you don't pursue a value investing strategy.

• The Alchemy of Finance by George Soros
• Common Stocks and Uncommon Profits
• Trading for a living
• The 7 Habits Of A Highly Successful Trader
• Rich Dad Poor Dad
• Think And Grow Rich
• Management by Peter Drucker
• Common Sense on Mutual Funds
• Trading in the Zone

You can find the audiobook of all this books on youtube

It’s a speculative investment - don’t view it as a long term hold. If you’re comfortable with day/swing trading then go for it but be aware this bubble is going to burst eventually.

One day bitcoin/blockchain technology is going to do incredible things in applications like inventory tracking and mediating exchanges. But it currently sucks as a ‘store of value’ and the power consumption is so huge that there will probably be a UN treaty outlawing it eventually.

i suggest start learning the different ratios that are important in the stock market: P/e, p/b, profit margins, and eps. Get familiar with income statements and balance sheets. The stock market is a very risky game and you can't treat these ticker symbols like they are just profitable toys that you play with for a little while and then just throw them away, these are companies that you are investing in. You have to approach investing like the stock market doesn't even exist. You need to ask yourself if you would really invest in a company. It is a hard game and it requires some learning. The path to success starts with yourself, so if you do your work and examine companies that have good fundamentals then you will be strong. You can try trading frequently like day trading but to do that you must learn different chart patterns and look at the eps or p/e ratio a lot. If you want to learn more about investing try reading One Up on Wall Street by Peter Lynch or The Intelligent Investor by Benjamin Graham.

• Read the sidebar.
• Get an account set up at Robinhood.
• Read some books. Eric Tyson's for Dummies books. Grahams The Intelligent Investor. If its raining in Brazil, buy Starbucks.
• Watch Steve Nisson, and learn how to read Candle Charts.
• Visit Investopedia and read their articles and watch videos.
• Learn how to read a balance sheet of a company.
• Learn how to read a trend, and when to sit still vs when to act (often).
• Pick a company, buy it and hold it forever.
• if you insist on "Actively Investing" which usually means just trading, make sure you keep a trading journal. Read/Watch Alex Elders books.
• If you need to invest, but want to play, make two accounts. Never ever confuse the two. Investing is an intelligent, boring, and tedious necessity. Trading is generally an exciting, costly, hobby.
• Learn about Warren Buffet, Peter Lynch, Jack Bogle, and other greats.
• Always remember those with conflict of interest and/or the opportunity to make gains off of you may not have your interests in mind. Demand a written statement of fiduciary responsibility or walk.
• Never underestimate the power of simplicity; Index Funds.

I hope this helps you on your way.

A Google search will turn up many possibilities but I keep coming back to designing my own all-in-1 spreadsheet that exactly fits my needs and wants. Google Sheets has a GoogleFinance() function that retrieves live data. The spreadsheet runs on the computer, tablet and smartphone.

If you are looking for an Android app to track your holdings and the market, this https://play.google.com/store/apps/details?id=org.dayup.stocks&hl=en continues to be my absolute favorite on-the-go readable-at-a-glance live data. Bullet proof over years from a responsive developer. I really like the simple screen in large type, and there is news and graphs. Don't mean to make sound like a commercial but I just like the design.

I'm not sure if there is an iOS version, but if you are on Facebook look at https://www.facebook.com/Stocks-234157000351979/ to get more info. I am not on FB.

HTH. YMMV.

Start with index funds, doesn't take anything more than basic knowledge. I wouldn't suggest picking your own stocks until you have at least 3 years worth of time studying how to see between the lines of them financial disclosures, Annual reports and everything. Learn to draw the line between speculation and investment. Read Benjamin Graham's The Intelligent Investor, Security Analysis is optional, read Berkshire Hathaway chairman's letters and annual reports, they're amazingly candid and informative, I would avoid stock trading but if you insist on trying it(for excitement or fun), limit it to a miniscule percentage of your total equities investment, less than 10%. Professionals running mutual funds struggle to beat stock market index performance, chances are you're going to do worse.

Study bonds and the like, don't put all yor eggs on the stock market basket. Diversify but don't overdo it, investing in a fuckton of companies will divide your capability to observe and project each companies' performance. Don't be scared of bear markets, approach bullish markets with healthy caution, consider crashes as a black friday sale for high quality stock picks. Invest for the long-term, if you start investing into index funds at the age of 19, you'll be rich way before your retirement.

actually, you won't. first off there aren't any stocks available, second when the stock doesn't go down (bc mutual cooperation between the major stockholders) then you'll be forced to pay up or keep it until it does spiral down which could be a moot point at the price you've shorted. imo

see: http://seekingalpha.com/article/2309115-cynk-technology-is-the-new-scheme-in-town

Richest Man in Babylon - $5
How to Win Friends and Influence People
Think and Grow Rich
The Prophet - Khalil Gibran
Striking Thoughts - Bruce Lee
The Art of War - Sun Tzu
Rich Dad, Poor Dad

"Best Stock Market Books For Beginners – Top 5"

First book, "The Intelligent Investor"...Sigh.

Market Wizards should be number one, because when you're first getting into stocks, you need something to get you excited about it. Market Wizards does that. If you jump right into something like The Intelligent Investors, the chances are you'll be turned away before even getting your foot in the door.

The typical reading list:

The Intelligent Investor by Benjamin Graham

A Random Walk Down Wall Street by Burton G. Malkiel

The Warren Buffett Way by Robert G. Hagstrom

Common Stocks and Uncommon Profits and Other Writings by Phillip A. Fisher

How to Make Money in Stocks by William O'Neil

Other than that, the best thing to do is just start tracking a basket of stocks that you know, like AAPL, GOOG, FB, IBM, PFE, XOM etc... over time you will start to get a feel for how this all works.

I use my Stock Market Stars android app to monitor prices throughout the day. I'm sure there are better more detailed apps but its simple and easy (no logins, no ads, no email address or facebook required and no spam) It also has price and mood alerts. Note this is a stock simulator so I use it to test various strategies without the actual risk.

> I'm new to the game

Ahhh, got ya. Yeah, I've been holding since IPO (averaged down a bit when they dipped below IPO price, too). Your assessment is pretty spot-on, but quite general in regards to the retail part of it. They're diversifying into many other segments a la Amazon. Their cloud service is rapidly growing in revenue plus they have a hand in entertainment, sports, and payments. Read this for a brief overview. I recommend DCA'ing in if you think they'd fit well within your portfolio.

Edit: Typos

• Read the sidebar.
• Get an account set up at Robinhood.
• Read some books. Eric Tyson's for Dummies books. Grahams The Intelligent Investor. If its raining in Brazil, buy Starbucks.
• Watch Steve Nisson, and learn how to read Candle Charts.
• Visit Investopedia and read their articles and watch videos.
• Learn how to read a balance sheet of a company.
• Learn how to read a trend, and when to sit still vs when to act (often).
• Pick a company, buy it and hold it forever.
• if you insist on "Actively Investing" which usually means just trading, make sure you keep a trading journal. Read/Watch Alex Elders books.
• If you need to invest, but want to play, make two accounts. Never ever confuse the two. Investing is an intelligent, boring, and tedious necessity. Trading is generally an exciting, costly, hobby.
• Learn about Warren Buffet, Peter Lynch, Jack Bogle, and other greats.
• Always remember those with conflict of interest and/or the opportunity to make gains off of you may not have your interests in mind. Demand a written statement of fiduciary responsibility or walk.
• Never underestimate the power of simplicity; Index Funds.

I hope this helps you on your way.

I can only suggest you "The Intelligent Investor" by Benjamin Graham. It was written in 1949 and it is still a well respected book. Warren Buffet's favorite book investing book, covers several topics that should help you get started! Besides, the current edition, has a comment after each Chapter with the current situation of the topic.

Besides that, I would suggest a less technical book: "Common Stocks and Uncommon Profits" by Philip Fisher. I found it to be a very entertaining fast reading which covers less technical strategies. A staple I would say.

Good luck on your journey!

REITS are taxes as ordinary income not capital gains. Capital gains tax rate is for most working people much lower than ordinary income tax rate.

Get around this by using Roth to buy REITs.

https://www.fool.com/retirement/2016/07/15/3-smart-ways-to-maximize-the-value-of-a-roth-ira.aspx

There was a small law suite filed against management and all BDCs are being kicked out of the S&P 500 and russell which means indexes that try to copy the S&P 500 and russell will be selling PSEC. Not sure when the selling will occur or if it already has but it should create a buying opportunity.

http://seekingalpha.com/news/1606533-russell-joins-s-and-p-in-booting-bdcs-from-indexes-sector-slips

Hope it helps!

The grandaddy of them all is "The Intelligent Investor" Benjamin Graham. "By far the best book on investing ever written." --Warren Bufett

First: never get attached to your positions. This is a market, not a puppet store. If its dropping, manage your risk. Set how much you are willing to lose BEFORE you get into the trade. The more you mix your feelings, the more likely you are to FAIL miserably. Second, learn about technical analysis, it wont give you an edge, but it will help you understand market levels better. (Support/Resistance, etc)

Third, if you are serious about investing for your retirement, read a book called The Intelligent Investor, just search for it on amazon. Study this, and think rationally before getting into a trade using more than "Hey, I like this business!".

And sorry if I sound rude, it's just that I've seen what you are doing a couple of times, and in all of them the guy lost money and went away from the stock market butthurt with this "its impossible to beat the market" bullshit.

The Intelligent Investor by Benjamin Graham is a must. http://www.amazon.com/Intelligent-Investor-Definitive-Investing-Practical/dp/0060555661

I also have a PDF copy of Margin of Safety by Seth Klarman.
http://financetrends.blogspot.com/2008/08/seth-klarman-margin-of-safety-pdf.html

>Mining and metals giant Freeport-McMoRan Inc. shares FCX, +2.16% rose 5% in premarket trade Tuesday, after the company reported a smaller-than-expected loss for the fourth quarter. The company said it had a loss of $4.1 billion, or $3.47 a share, in the quarter, after a loss of $12.2 billion, or $11.31 a share, in the year-earlier period. Adjusted for charges that totaled $4.1 billion, the company had a loss per share of 2 cents, lower than the 8 cents loss consensus from FactSet. Revenue fell to $3.8 billion from $5.2 billion, matching the FactSet consensus. Chief Executive Richard Adkerson said the company's top goal in 2016 is to restore its balance sheet, which has been hurt by the slump in commodity prices. "Our high-quality asset base provides opportunities for significant debt reduction while retaining a substantial business with attractive low-cost, long-lived reserves and resources that will enable our shareholders to benefit from improved conditions in the future," he said in a statement. The company is planning a series of measures, including asset sales and joint ventures. It continues to review options for its oil & gas business and transactions involving mining assets. Shares have fallen 80% in the last 12 months, while the S&P 500 has lost about 8%.

http://www.marketwatch.com/story/freeport-mcmoran-shares-rally-5-premarket-after-company-posts-smaller-than-expected-loss-2016-01-26

This:

Hillary Clinton says she'll lay out plan against gouging by specialty drugmakers

http://www.marketwatch.com/story/hillary-clinton-says-shell-lay-out-plan-against-gouging-by-specialty-drugmakers-2015-09-21

I'll answer your question if you answer mine.

You said: >You could have made ~48% simply buying SPY and holding for 3 years.

I agree, assuming you bought after the market bottom in March 2009. Of course, if you bought in October 2007, you didn't get back to breakeven till this year.

Then you said: > So you lost out on %55, which is huge, absolutely huge.

I'm guessing you have a P&L from a brokerage that demonstrates that you took your own advice 3 years ago.

Finally you said: >Put 60% on VTI and 30% on VXUS, then use the other 10% to learn with.

VTI closed at 77.54 in October 2007 and didn't get back to that level till Feb 2013.

VXUS is the exact same type of instrument - a proxy for the entire market.

So here's my question: do you have any evidence that you are as good at predicting the future as you are at reading charts from the past?

I have a report from my brokerage showing that my account gained value the last 2 years. That's not because I'm a great trader. It's simply because I have money in an index fund inside a rising market. That's not trading and your advice is worthless to someone who is trying to learn to trade. If he had taken your advice in 2007, he'd have lost most of his money.

Reading the right side of the chart and then talking about what you should've done is disingenuous at best. I call bullshit till you prove you trade better than an index fund.

This!

Additionally, people don't realize that short-term capital gains are taxed as ordinary income (anywhere from 10% to 37% depending on your income) and long-term capital gains are capped at 20% (as of 2018 in the US).

Source

Also, Preston Pysh has a great YouTube video that explains this idea, although it has tax rates and examples are from 2013. The idea is there. Understanding Capital Gains Tax

> where does the method fall short?

Some considerations -- market depth, liquidity. Sticking to QQQ stocks should save you trouble there. Also, $500k isn't much money for an actual investment firm, so consider why no one else has come up with something like this before:

> Barras, Scaillet and Wermers tracked 2,076 actively managed U.S. domestic equity mutual funds between 1976 and 2006. They found that after fees, three-quarters of the funds exhibited zero “alpha,” a fund’s excess return over a benchmark index. And 24% of the funds were run by unskilled managers (who had negative alpha, or value subtraction).

> And — are you sitting down? Only 0.6% — you read that right, 0.6% — showed any true skill at beating the market consistently, “statistically indistinguishable from zero,” the three researchers concluded.

http://www.marketwatch.com/story/almost-no-one-can-beat-the-market-2013-10-25

I'd also recommend doing some basic back-testing. For example, I randomly picked EBAY from the list of QQQ holdings. Get the last 30 days prices here. 8 of the last 30 trading days did not trigger your stop. And scenario plays out like this:

Mar 26: BTO 86 shares @ 57.56 for 4950.16. STOP. STC at 57.33 for 4930.38 (down 19.78 + $2 commission). EOD balance: 4978.22 Mar 27: BTO 86 shares @ 57.35 for 4932.10. no stop. STC at 57.63 for 4956.18. (up 24.08 + $2 commission). EOD balance: 5000.30 Mar 30: BTO 86 shares @ 57.75 for 4966.50. no stop. STC at 57.92 for 4981.12 (up 14.62 + $2 commission). EOD balance: 5012.92 (Mar 31 stop not triggered, but still a down day)

Let's stop there for a moment, as you end up losing about $1000 over the next 27 days. So far you've made $12.92 and lose 10%-39.6% of that to short term capital gains.

Now, compare losing $1000 over the month vs holding outright for +0.57% or make about $28.

"Two-thirds of drybulk market demand comes from iron ore and coal, and China (which is experiencing an economic transition, an economic slowdown, and enacting protective measures to benefit both the domestic coal and iron ore sector) is a top consumer of both. It might surprise many to learn that China has accounted for 95% of net growth in the seaborne iron ore trade from 2002-2014 and over 40% for coal. Together, iron ore and coal compose approximately two-thirds of the total drybulk shipping demand." http://seekingalpha.com/article/3823646-2016-will-catastrophic-dry-bulk-baltic-dry-index-sets-another-historic-low

http://finance.yahoo.com/etf/ Yahoo finance is an excellent source for general information. You can familiarize yourself with ETFs through their resources. However, your question shouldn't be which industries are doing well, it should be which investment is the best match for my portfolio. As an example if you are already invested in the auto industry, you shouldn't purchase an ETF in auto part manufacturing just because it is performing well. The correlation to your current portfolio is too high. ETFs are an excellent tool to use to diversify your holdings without some negatives that mutual funds carry like pass through status. Don't just look at the numbers, look at how they match up to your goals and risk tolerance.

you're trading UVXY? That's risky. Here's the warning on Schwab for UVXY:

Leveraged and Inverse Products

Not suitable for most investors. These exchange traded products (ETPs) represent unique risks, including leverage, derivatives, and complex investment strategies. These securities are designed for daily use only, and are generally not intended to be held overnight. To find out more about trading these funds, please read: Leveraged and Inverse Products: What you need to know

If they do that then if the GOV has a super hardon they could create some crazy regulation banning Iphone use for every single Federal employee. That is what two million people? I never underestimate the Gov. Congress voted to make Pizza a Vegetable. Some argued because it has tomato sauce on it. Although Tomatoes are a fruit. https://www.huffpost.com/entry/pizza-vegetable-school-lunches-lobbyists_n_1098029

The WSJ's Market Data Center and Seeking Alpha's free Wall Street Breakfast Newsletter provide a great overview of the markets.

Please check this article regarding NBG it was published on Seeking Alpha on January 6th: http://seekingalpha.com/article/2801025-the-national-bank-of-greece-a-risk-worth-taking NBG is up more than 8.8% since the publication date

This is garbage.

Here are a few suggestions:

1. Design is awful, I understand it's a prototype but no one should go live with this piece of shit. You can use bootstrap, you can use any material design css framework or you can simply buy a template from theme forest.

2. Lots of bla bla, tell me how you predict prices.

3. User should not have to type in the month and the price, with 2 lines of code you can autocomplete that for the user. No beer for you my friend.

4. Have you tried your algo on historical data in order to proof that it can actually predict ?

5. page title is "Facebook"

6. Did you hardcode all the pages ? ( creates a own template for every ticker symbol )

Learn as much as you can about value investing if you want to be consistently successful. You could start by reading the book written by Warren Buffet’s mentor (The Intelligent Investor). In addition you should learn to analyse financial statements. You will find some excellent advice about that in the above mentioned book.

Since you’re not experienced in investments, it’s better not to even ask for recommendations for specific stocks to invest, whether they are US shares . Chances are high that you’ll end up losing the bulk of your money if you don’t know what you’re in for.

So, instead of looking for stocks to invest in , I’ll recommend you a list of 10 books to read first. It’s to familiarise yourself with how the stock market works.

One other reason why new investors should not be involved in the market at this point of time is because the bull run has already started from a few years ago. No one can predict when it will come to an end, though so called ‘market cycle experts’ say it can last as long as 8 years. But don’t place your hope and believe everything they say. Even experts can be wrong.

Here’s the list of 10 books for your consideration:

1) “The Successful Investor “ by William J O’Neil

2) “How To Make Money In Stocks” by William J O’Neil

3) “24 Essential Lessons For Investment Success” by William J O’Neil

4) “The Little Book Of Common Sense Investing” by John C. Bogle

5) “Investment Psychology Explained” by Martin J. Pring

6) “Rich Dad, Poor Dad” by Robert Kiyosaki

7) “Learn To Earn: A Beginner’s Guide To The Basics of Investing

and Business” by Peter Lynch

8) “Beating The Street” by Peter Lynch

9) “The Intelligent Investor” by Benjamin Graham

10) “The Essays Of Warren Buffett: Lessons For Corporate America “ by Warren Buffett

Do some reading on stock valuation and analysis. The classic go-to is "The Intelligent Investor" by Benjamin Graham. He is a value investor, Warren Buffett studied under him and is a big proponent of his methods. Check out investopedia.com when you come across terms you don't recognize, or want more insight to. They also have a lot of good articles for new investors.

The Intelligent Investor is a great beginner's book that Warren Buffet swears by

Some good books are One Up on Wall Street and 5 Rules for Successful Stock Investing.

Find companies that have durable competitive advantages with competent management and solid fundamentals at a reasonable price.

5 Rules suggests companies that have an ROA of 6+%, ROE of 15+%, FCF/Sales or FCF/Revenue > 5% (tiingo.com is the only stock screener with this metric otherwise you have to calculate it by hand). They also suggest a market cap > 2 billion and Price to book of 4 or less.

As far as durable competitive advantages, read up (or youtube) on economic moats and how to identify companies with moats.

One Up on Wall Street suggests looking for boring company names that do necessary but boring or disgusting things (for instance, Stericycle handles biohazardous waste) with few analysts following them. The rationale is that they are more likely to be undervalued. He also suggests that you buy them at a reasonable price (particularly he pioneered the Price to Earnings Growth ratio and suggested that you buy companies with PEG<1. (5 Rules suggests a PEG <2 in addition to the criteria above).

In regard to valuing companies, F Wall Street will show you how to make a Discounted Cash Flow model. Martin Shkreli (the HIV medicine guy) actually has a couple valuation tutorials on YT.

I can recommend "A Random Walk Down Wall Street". Talks about everything you need to know. http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393340740/ref=sr_1_2?ie=UTF8&amp;qid=1458593263&amp;sr=8-2&amp;keywords=random+walk+down+wall+street

A couple of short comments

• Some people were worried about the non-stop growth of the stock market after the great depression, yet it still continued to grow for around 20 years. (I think I'm remembering this from Jason Zweig's commentary in The Intelligent Investor). The point is, swings are unpredictable.
  
• Plenty of people were convinced there would be a catastrophic crash in the 00's (worse than 2008) and that never really materialized (marketticker).
  
• The stock market (index) has always had a positive return, given a long enough timeline on a single-time investment. 30 years is usually quoted, though it would be less than awesome if you only put money into it in 1929. Dollar cost averaging makes this better.
  
• The US is not Japan
  

I just dollar-cost average and don't really worry about it.

DJIA historic prices: http://stockcharts.com/freecharts/historical/marketindexes.html
NIKKEI: http://www.tradingeconomics.com/japan/stock-market

I can't comment on those particular books, since I learned most of what I know directly from people and/or long ago, so most of the books I've read are oldies-but-goodies like The Intelligent Investor. That said, a couple other thoughts ...

The most common mistake I've seen over the years by people new to the market is that they fail to understand early enough in their learning process the drastic differences between "investing" and "trading." So, they read books about investing and apply them to trading, and vice versa. First, figure out which one you want to do, then read books about it ... and never apply trading advice to investing, or vice versa (whether it's from a book or some random person on the interwebs like me). The answers to the exact same questions are often precisely the opposite for traders and investors. We don't ask our lawyers to operate on us, and we don't ask our doctors to write our contracts, so why treat the stock market any different?

> I have a hard time learning all the terms

FYI, &quot;fundamentals&quot; has a specific meaning in the world of equities (stocks). And, it is a world in which getting one word or number wrong can have very expensive repercussions.

On that note, who the heck is Rick?

> I'm not looking to get rick quick ;~)

I thought the various "Investing for dummies" books were pretty good to get the basics. I would then read "The Intelligent Investor" by Benjamin Grahm (Warren Buffets mentor) before putting any real money down.

Some random thoughts for you:

I would start with the book, "Investing for dummies", which is a good overview of the basics of investing.

Then read, "The Intelligent Investor" by Benjamin Graham - who was Warren Buffet's mentor. (Warren Buffet being one of the most successful investors ever)

At 16, probably the best investment you can make is in your education. I don't mean "get a degree", I mean "learn all you can", of which the easiest route is school.

Also, think like an investor, in that you buy things or put your money in places that return more money. Every penny you spend think, "How is this going to come back to me?"

As far as returns on investment goes - If you do better than 10% in a year, you are doing better than most. However, you can sometimes get lucky and double or triple your money in a year, or unlucky and loose it. I kind of see it like a mix of educated guesses and gambling, where the odds on your side, and the more knowledge and thought you put into it, the better the odds are, but they are still odds and not a sure thing.

My best investment was starting a business. That gave me enough money, that I can play the stock market and such with a portion of it in which I can afford to loose.

So ok you are going to think im making up a story but heres what happened, I realized that we just couldnt pull off a pure maths approach to the problem, I explained to my partner why it had failed and why we were fooled but the guy was the aspergers side of our and just couldnt let go of the pure maths approach so while I was working at augmenting the whole system with some deep sentiment analysis he went behind our backs, took the whole pot of money and lost it all in a short blaze of glory in the forex markets of all things! (a private project of his he hadnt told us about) to say I was pissed was an understatement. Basically everything devolved from there and we all went our separate ways and onto other projects. We are socially friends now but I refused to work with him again after that.

As a side note a few years ago while discussing the whole project and prompted by friends who knew what happened I dug up and completed my side of the project just to prove a no maths point, its a two sided approach, one is a deep sentiment analysis server StockMarketMood and the other half (to inject and analyze the incalculable human element) is a crowd sourcing stock market simulator game StockMarketStars I then have automated trading bots which sift through all that and place real trades (not HFT) based on real data and do very nicely as it turns out.

I have a virtual trading app that loads random, anonymous stocks at random times over the last 20 years. You start with 25k and try to get it to 100M

It's pretty difficult to do, but not impossible. Excellent for practicing real trading strategies

https://play.google.com/store/apps/details?id=net.atozapps.www.tradertrainer

Actually it plummeted the day of, then recovered a bit and went right back down again.

It was higher about a month before the launch. I'm guessing everyone held out to sell on release hoping for a pop and instead dragged the whole thing down.

Not true. Oil sector has been hit particularly hard, but otherwise on average ALL corporate has been down.

http://www.marketwatch.com/story/4th-quarter-gdp-raised-to-14-but-corporate-profits-sink-2016-03-25

Sykes is a scam artist. He traded during the best time possible. from late 2000`s to 2008 to earn his millions.

>http://www.marketwatch.com/investing/index/spx/charts?symb=SPX&amp;countrycode=US&amp;time=20&amp;startdate=1%2F4%2F1999&amp;enddate=9%2F4%2F2015&amp;freq=1&amp;compidx=none&amp;compind=none&amp;comptemptext=Enter+Symbol%28s%29&amp;comp=none&amp;u...

Check the market data, 2003 was the late point of all market. The market starting to climb back up from there on then. All he did was took advantage of it. He isn't some kind of stock guru.

can you explain what you're showing? hyg and spy?

I avoid these because my broker Schwab advises against using these for long term trading.

Here's the disclaimer for TQQQ that pops up on Schwab (the desktop site): Leveraged and Inverse Products Not suitable for most investors. These exchange traded products (ETPs) represent unique risks, including leverage, derivatives, and complex investment strategies. These securities are designed for daily use only, and are generally not intended to be held overnight.

To find out more about trading these funds, please read: Leveraged and Inverse Products: What you need to know (pdf).

I'm not an expert on this topic but I pay attention to Schwab's advice.

You may find more info at r/ETFs

Haha thanks man I appreciate it :) I don't even know how I would set that up but maybe I will! Would paypal work? Should I just say feel free to Paypal me 10 bucks if you like these posts? lol

Edit: Here ya go! CLICKY

SERIOUSLY THOUGH: I do not expect anything for this. I do it because it helps me and I like to do it! If people want to donate that's amazing and greatly appreciated but I will keep doing this regardless. :)

I'm copying and pasting this from a seeking alpha article that shows the math here

"To understand what is beta-slippage, imagine a very volatile asset that goes up 25% one day and down 20% the day after. A perfect double leveraged ETF goes up 50% the first day and down 40% the second day. On the close of the second day, the underlying asset is back to its initial price:

(1 + 0.25) x (1 - 0.2) = 1

And the perfect leveraged ETF?

(1 + 0.5) x (1 - 0.4) = 0.9"

Back to my words. Decay exists in the math and is unavoidable. It's also how the owners of the lev'd instrument make money off of everyone with that constant house advantage. If the instrument trades in a clear trend in the direction you are sided with (with constant gaps up for instance), the math of the daily rebalance works in your favor 3x. It it gaps down it works against you at 3x. And if it's up/down choppy like the seeking alpha points out, you lose money when the underlying sort of hangs still.

So if oil were to bounce between $26-30, up day, down day, up day down day... both DWTI and UWTI holders would be losing money to decay. So the longer you hold an instrument, the more probable decay working against you becomes for either side. So hold them only during a clear trend or for short bursts

I really recommend checking out some podcasts like https://www.fool.com/podcasts/

Industry focus is really interesting as they’ll talk about a different industry each episode, what to look for, too companies etc.

Don’t just blindly buy something they (or anyone) recommends. The podcasts are a great way to get the context and some ideas to research, but the smaller companies they express interest in are usually best as a small portion of your portfolio and require research. They also recommend based on longer timeframes so plan to dollar cost in and hold a while unless you feel the investment thesis no longer makes sense.

Additional podcasts, but like Marketwatch these tend to be more market commentary vs fools industry focus which I find more interesting if I want to learn about healthcare/energy/banks etc: DH Unplugged - http://www.dhunplugged.com The Disciplined Investor

Here's the scoop from SeekingAlpha

and the news at Reuters

You're welcome, and best of luck. As you get closer to ready to be actively involved in the market, perhaps consider also reading some of my articles, and/or those of any of the very many other SA contributors. I'm primarily a long-term investor, so I won't be of much help if you decide to go the trading route, but there are plenty of other contributors who write about trading.

No worries ... my fault for not realizing the differences in platforms would logically lead Redditors to think the article title was a literal question that I was asking for answers to.

I still like SA and find it to be the best stock market site available in a number of ways ... I believe that not because I post there ... I post there because I believe that. Relative to Reddit, I get far more and better engagement, but I think that's to be expected due to drastic differences in the platforms ... Reddit is much better for quick discussions of simple subjects.

Still, I have a few qualms with SA lately. One, there are ongoing slowness issues with the site itself, likely due to such extreme amounts of content and users. Second, is one that affects contributors more than readers -- SA came up with this BS "performance" page that gives readers completely false info about call performance for those of us who don't write about short-term trades. It's a complex issue so I won't go into detail here, but explained it in one of my recent articles: http://seekingalpha.com/article/2665975-compressco-partners-more-income-more-growth

Yes, as a truly long-term investor (versus short-term trader), I write very long articles based on extensive research, rather than just conjecture, and I find that works well enough on SA since the site has always focused more on investing than any similar site (this GE article has nearly 30,000 views so far, so it seems to work). My thinking is that, if someone doesn't want to read, no one forces them so there's no reason for their preference to dictate how much info everyone else has access to. That opinion is based on my own experience that the investors who are willing to put in the work are always the ones who actually make money, so I don't cater to those looking for a quick trade in "buy this stock now 'cause it's going to the moon" type articles.

Plus, as you can see, I'm naturally long-winded. ;~)

Anybody familiar with this story?

Are they going to be making screens for iphones and more?

Recent SA article:

http://seekingalpha.com/article/2083553-gt-advanced-technologies-severely-misunderstood-and-undervalued-by-wall-street-analysts

I dunno. I'm a grad student and I see everyone around me getting Macbooks just because. Literally everyone I know who got a new laptop in the last year switched from PC to Mac. The conversion began 2 years ago and doesn't seem to stop. For now, I still can see a lot of growth in the laptop market.

Apple leads the way in the gain in market share for laptops between 2010 and 2011. http://techcrunch.com/2011/07/14/apple-continues-slow-but-steady-growth-in-us-laptop-market-share/

Plus, more and more companies and schools begin using iPads. I guess there's still 1-2 years of insane growth.

Credit Suisse Plans to Reopen Issuance of VelocityShares Daily 2x Long VIX Short-Term ETN (Ticker Symbol: "TVIX") on a Limited Basis

http://finance.yahoo.com/news/credit-suisse-plans-reopen-issuance-232400592.html

Before drawing conclusions about Trevor Milton or Nikola listen to the following interview with him.

The interviewer is an unabashed Tesla bear and he interviews Milton with the same skepticism I imagine he would any other believer of today’s high flying new age companies devoid of sustainable business models.

Episode #35: Trevor Milton

Take a look at this. I was wondering the same thing too.

TL;DR

expectations vs. expectations. The EPS and total revenue calculated by analysts were crushed by Nvidia's performance. However, people expected Nvidia to perform even better.

edit: added tldr.

No reason to invest in books. z-library has over 5,000,000 books. Found every investment book I could think of and then some online there. Local libraries have digital book access as well.

if I"m not mistaken there is an ETF to track the IBD 50: http://www.morningstar.com/etfs/ARCX/FFTY/quote.html

There doesn't seem much historical data to compare on (at least on this etf)

Basically what I'm saying is:

If Barron's says Nvidia will grow 80% in 2017, would that make you buy? If Wall Street Journal says Nvidia will grow 80% in 2017, would that make you buy?

No matter who says it, you should still do your own due dilligence... or at least make sure that you understand the reasoning behind their call.

I'm not the biggest fan of bogleheads, but here they discuss IBD subscriptions: https://www.bogleheads.org/forum/viewtopic.php?t=125186

Each Broker/Dealer sets their own expiry constraints on "good-till-cancelled" (GTC) orders. Schwab expires those orders after 60 days, not 180 (see link below to Schwab's website). It's important to know what type of order you want when setting limit, as noted by Shukar. Day limit orders will get cancelled if they don't fill that day. The risk with GTC orders is that they get partially filled and you incur multiple commissions costs on each partial order until your order is completely filled. To avoid some of this you can set constraints to the limit order, such as "all or none" (meaning no partial orders) or "fill or kill" (order to fill immediately or cancel the order, which is kind of like a market order, but you can set the price.).

As for charging a commission for holding a limit order that remains on the books unfilled, I'm not aware of any Broker/Dealer that does that. They only charge the commissions if the order is executed.

https://www.schwab.com/active-trader/insights/content/mastering-order-types-limit-orders

You can withdraw your original contribution (but not gains) to a Roth anytime without tax or penalties. https://www.schwab.com/public/schwab/investing/retirement_and_planning/understanding_iras/roth_ira/withdrawal_rules

Hi Delta9ine,

I'm JStock author. Thanks for using JStock.

Is there particular thing, which you like & dislike about JStock?

We always like to listen to user, on how we can further improve our product.

Currently, continuous development work still on going - https://trello.com/b/ndM43Bjf/jstock-android , to make JStock even better.

Thank you for your support. Cheok

This book describes the method I use and follow. I sometimes vary slightly from the method and I do have a portion of my portfolio that isn't invested this way but in general this is it.

https://www.amazon.ca/Benjamin-Grahams-Net-Net-Stock-Strategy/dp/085719707X

The author also runs a site called netnethunter and the broken leg investor that provides screens etc but as will all these sites there is a membership fee.

Correct, MozillaVPN is just slightly cheaper at $5/mo whereas Mullvad is €5/mo. That's a $1.02 difference per month for the same service as €5 is equal to $6.02. I suggest MozillaVPN because it's cheaper and uses the same structure as Mullvad, both of which are great VPN services, though.

&#x200B;

Pricing information:

MullvadVPN

MozillaVPN.

&#x200B;

Edit: before the "well, it's only $1.02." That's $12.24 a year more you're paying for an equivalent service, and most VPN users use their VPN for years, it will eventually add up.

Why is everyone going insane for Bitcoin? It proved that crypto is viable, now invest in a crypto project with room to grow and good technology, like PRQ, or various other things. Bitcoin is a dinosaur.

I recently made a response to a different post similar to yours.

I would recommend you getting a book on Amazon called "A Beginners Guide to the Stock Market."

https://www.amazon.com/dp/1099617200/ref=cm_sw_r_cp_apa_fabt1_kUNXFbF9MANXN

It's about 80 pages so the Kindle version is your best option. This book will let you know on all of the do's and don'ts.

A beginner friendly app is Robinhood. That's what I use and it's very minimalistic; great for beginners imo. Also, I don't think Robinhood has any fees.

The New Buffettology: How Warren Buffett Got and Stayed Rich in Markets Like This and How You Can Too! https://www.amazon.ca/dp/0684871742/ref=cm_sw_r_cp_api_i_cvjlFbF5RB995

That should be it. It’s amazon.ca though but you should be able to find it on amazon.com.

Go on investopedia.com and check out their Stock Basics articles if you want to know how stocks work fundamentally. If you're really dedicated, read The Intelligent Investor by Benjamin Graham. It's a long read but it will teach you a lot of things that will be very useful to you going forward in the long-term, like not letting emotions make decisions and that you should invest in management more than anything else (vision, product, income are all very valuable factors as well. But a well managed company is much more likely to succeed)

I think $50 is too little. If you're serious, try $500. There's a big difference between trading a paper account and a real account. It's a psychological thing.

But the key thing is that you should learn how to invest first.

I posted this in another reddit thread.

There aren't alot of good online resources. Most just regurgitate the same stuff. If you're really serious about investing, here's what I suggest you do.

Follow the news every day. Bloomberg, CNBC, and a bit of Zerohedge (be careful with Zerohedge though. They have a really gloomy view of the world).

Read up on a lot of books. These books are 10x better than most investment websites. Reminisces of a Stock Operator, Technical Analysis from A to Z, The Turtle Trader, Market Wizards, Hedge Fund Market Wizards. If you really want something about terminology, then try Investopedia. Honestly, don't be too worried about terminology. It's not like memorizing words for the SAT. You'll pick it up slowly as you read the news and become more familiar with everything.

I would stay away from twitter though. Most of the people on twitter tend to be industry professionals, so it's not suitable for beginners. I also share my thoughts on investing and the stock market at http://bullmarkets.co I hope that helped :)

I started my daughter investing with a smaller amount of money, but really the amount doesn't matter.

However, having a sound methodology really does matter. If you are looking to invest for the long term (and I hope you are), then there are two great books to read:

1. The Intelligent Investor by Benjamin Graham. Warren Buffett calls The Intelligent Investor the best book ever written on investing. That's high praise.

2. Money, Master The Game by Tony Robbins. This is not just a book on investing in stocks, but it is a book on managing your money. Robbins interviewed many Billionaire investors including Warren Buffett. It's a great read.

No problem. The reason for this is that very few companies actually become industry leaders or continue to run up indefinitely. Most companies fluctuate or remain relatively stagnant; unless of course this ticker you've mentioned is preparing for massive growth or sustained profitable revenue.

I suggest picking up a copy of "The Intelligent Investor" by Benjamin Graham. According to Buffet and most of the greats, it's all about defensive investing, not offensive. I.E. minimize loss and aim for consistent gains rather than one massive one.

I would echo this. I took all of the classes available on Khan Academy and read countless books. Also great reads are One Up on Wall Street by Peter Lynch and Common Stocks and Uncommon Profits by Philip Fisher.

No one here can tell you what to do, but we all want you to understand the risks associated with trying to trade for a living when you don't have alternative jobs to fall back on. If you're going to do it anyway, at least get educated.

To learn basics I would recommend reading A Random Walk Down Wall Street and The Intelligent Investor. The latter one is a bit outdated, but still a very good read. You can always consult investopedia.com if you come across a term you don't understand.

Seeking Alpha.com is a nice website where you can read news and articles on pretty much anything investing-related, discuss it with other people and authors, subscribe to authors you like etc.

As for Trump - I have no idea what's going to do and if it's a good idea to start investing now.

If you really want to get rich, invest regularly in tax deferred vanguard index funds, then sell them in 40 years. If you want to gamble in the markets, have some fun, and play the markets like a game, that's fine, as long as you're doing it with non-essential funds you've designated specifically for that purpose. Read books like "The Intelligent Investor" by Benjamin Graham and other credible authors to get in the right mindset and self discipline. Know that there's always going to be someone out there smarter than you. You're competing against hedge fund analysts with 30 years experience using financial models only a supercomputer can handle using information from every aspect of the global markets to make their decisions. Don't buy the hype, research thoroughly, stick to companies you're familiar with, focus on strong but undervalued companies, don't give technical analysis too much credibility, research a plan and stick to it. You need to be able to write on paper why you bought a company, and why you sold a company, don't just go off gut feelings because something didn't feel right. Pick your style of valuing companies and stick to it, sell if you determine they're overvalued, buy if you determine they're undervalued. Whether you like the dividend discount model, or the discounted cashflow model, or your own model, stick to what your research has proven to work. Use statistics and lookback testing to confirm methods you've researched, incorporate current events and current political issues into your decisions. Diversify across different sectors, company sizes, countries, and product types, have an exit strategy for each entry strategy.

The Intelligent Investor is not overrated in any way. It’s just like the Art of War. The best way to win a war is to diplomatically avoid one. The Intelligent Investor tells you how to avoid the biggest trap investors fall into while investing; mastering their emotions. Anyone can make a $50 bet and sleep well. Very few can make a $500,000 bet without having nightmares. The Intelligent Investor explains the soundest way to master your emotions. Using the law of compound interest, you can avoid the silly mistakes speculative traders make by investing in stocks trading below their intrinsic value using fundamental analysis. Very few have been able to master this trick

This. Playing penny stocks is not investing. It's pure speculation (gambling).

If you are serious about investing your money, read The Intelligent Investor by Benjamin Graham. Read biographies about Warren Buffett. Do your research and don't rely on internet forums for specific investment advice. Develop a strategy that you are comfortable with BEFORE putting any money into the market. If you are unable to stick to the rules you set for yourself, consider index funds.

A side note: Keep in mind that any news you read is already likely to be priced into the stock.

The classic book all investors should read - Benjamin Graham's, Security Analysis ca. 1930.

And his "The Intelligent Investor" ca. 1949.

Try a Macroeconomics book. McGraw-Hill is in its 19th edition.

I also suggest a history of Wall St. at least know a little background on what you're getting into (it's said to be an insider's game).

Recently I put these together from an article I found: - Essays of Warren Buffet - The Little Book of Common Sense Investing - The Ascent of Money

You seem to be on the right path. In this case, perfection will come but by experience. However, you should read The Intelligent Investor by Graham Benjamin. Quite old, but a good book to understand how to analyze stock.

I'd recommend going to the sidebar over at /r/investing and getting acquainted with the basics and then buy some books.

Reading should be your biggest priority right now.

1. A Random Walk Down Wall Street
2. The Intelligent Investor

Those are two great books to start with.

Depends what you mean by workings. Here is what I have done to get a good base of financial knowledge over the past few years. I started with some personal finance books, Total Money Makeover and Rich Dad, Poor Dad were two I thoroughly enjoyed and while they were not directly applicable to me I learned a lot. For more on the investing side I have read The Millionaire Next Door and am currently working through The Intelligent Investor. I also read these type of subs and Investopedia quite often. Take some investing, accounting, and finance courses through school if you can. I had the chance to take a few courses on commodities that helped me a lot. Get a paper trading account and work through that. I learned a hell of a lot more actually trading (even if it was fake money) then anywhere else. Hope this helps.

I'd really recommend these books:

-The Intelligent Investor (All around best beginner book for investing)

-One Up on Wall Street (How to spot a profitable brand/franchise in the real world)

-Bruce Greenwald's Value Investing (Calculating franchise value)

The last one being really good in teaching you how to calculate a company's intrinsic value and how to calculate earnings power value, in order to spot any true franchise or brand value that is sustaining the book/market gap, and compare those values to the market price.

If you'd like to understand how the stock market works please start reading before you start investing. A couple of good places to start

• One Up On Wall Street - Peter Lynch
• The Intelligent Investor - Benjamin Graham

I started at 22 and I'm 33 now, it took me a few years to figure out what was I doing.

As you said you are not a day trader, I would believe that you have a 9-5 job that you go to everyday. You see trading equities/stocks in the short term is very hard. And this is largely due to timing of the markets because you never know when a stock will rise or fall but all you know is that it will one way or the other if your analysis is right. However way you decide to evaluate a business.

With that in mind your mindset should be to decide if you want to own a piece of that business or not (i.e. buying a share). Because the profit from owning a stock doesn't necessarily have to come from buying the stock cheap and selling high but it can also come in another form as dividends. If you are a long term trader which you should be if you are looking to invest your money and just be able to focus on your career and not the daily fluctuations of the market. And being a long term trader the only time you should care or even look at the price of the stock is only when you want to buy or sell. That is it.

You see the market fluctuates all the time. It makes meaningless moves up and down (against you or for you) when you ask why did this XXXX stock fell today, who cares it fell because it fell. Looking at the longer term picture will give you a piece of mind.

I also highly suggest you give "The Intelligent Investor by Benjamin Graham" as proper read. And a lot of this is related to the psychology of trading/investing. Which a lot of traders will tell you that psychology plays a very big part to be able to do well in the long run.

You should only look at stocks maybe twice a month at most once a week. Because who cares about the daily price movements because you in it for the long run.

Source: FX Trader.

Edit: Spelling

I have to give huge props to "The Intelligent Investor" by Benjamin Graham - (Warren Buffets mentor). It's old, but I've done extremely well by following the advice within. I've read it twice, and as I type this, am thinking I should read through it a third time...

If you are not very familiar with how to invest, then I would recommend the Dummies books as a starting point to get the basics down.

one day a random stranger walked up to me and handed me a slip of paper and walked away. the paper said " The Intelligent Investor by Benjamin Graham" so i think this will be the first ill read now that i know its worth it.

>Why are you assuming that I live in the USA?

True, apologize for this. Shouldn’t have assumed!

>The only businesses in my country that use bitcoins are online weed shops because it's illegal to sell them online here.

Okay got it, but I can tell you that it’s being used for legal stuff as well. F.e. You can pay with BTC on ExpressVPN. There are some YouTubers that you can buy their merch by paying with BTC. Where I’m currently there are some food trucks that you can pay with BTC. The list goes on...