Picking the Right Stock - Tips & Experience

Do you always seem to pick a stock and it suddenly plummets from there? You may think you have some curse on you picking the wrong stocks at the highest possible price.

Here's some helpful tips to choose the right stocks!

1. Understanding the Company
Do you understand what the company you're looking at is doing? Their business model? Their pros and cons? If you don't, investing in a company you don't understand can be disastrous.

2. Look at the Financials
After you've found a company that has a good business model and one that you understand, it's time to look at their financials.

You can find them with platforms such as Moomoo.

Look out for their revenue, P/E ratio, Profit Margin, and so on!

3. Invest...Long term
Once the company checks all your boxes, slowly add to your position (not all at once!). Hold it for the long term or until something fundamental about the business changes.

If you don't want to worry, do the research, analyze companies and fundamentals, I suggest buying an ETF that tracks an index. For example, tracks S&P 500, Dow Jones, and so on.

Historical data shows you'll get ~8-10% return per year passively if you invest in index funds.

Best of luck for investing!