Start with the familiar
Since I'm still relatively new to investing actively, this is what I've done over the last few months to gain experience.
1) Buy what I'm familiar with
I work in tech so I'm very familiar with the companies in this space. It is easy for me to pick out $Alibaba (BABA.US)$ and $Apple (AAPL.US)$ for long-term investments. They're the types that I don't have to worry about the daily ups and downs because I know in a few years, they'll be winners.
I work in tech so I'm very familiar with the companies in this space. It is easy for me to pick out $Alibaba (BABA.US)$ and $Apple (AAPL.US)$ for long-term investments. They're the types that I don't have to worry about the daily ups and downs because I know in a few years, they'll be winners.
2) Widen my knowledge in other industries
I also have favorite industries that I want to explore more, and which I feel have a very good future although they may not immediately appear so. One of them is space. Real space stocks with a vision for making life better, and not just billionaires club tourism. I'm a huge fan of $Astra Space (ASTR.US)$ I can't wait to see how far they can go, and I'm also looking to enter $Rocket Lab (RKLB.US)$, which is slightly different but just as full of potential.
I also have favorite industries that I want to explore more, and which I feel have a very good future although they may not immediately appear so. One of them is space. Real space stocks with a vision for making life better, and not just billionaires club tourism. I'm a huge fan of $Astra Space (ASTR.US)$ I can't wait to see how far they can go, and I'm also looking to enter $Rocket Lab (RKLB.US)$, which is slightly different but just as full of potential.
3) Community discussion
I love it here on Moomoo because it has a community that is so generous in sharing tips on what to buy. These are quite risky but sometimes, it's fun to make a few quick bucks. The more rewarding part for me is, how different traders are analyzing their recommendations and there's just so much to learn. Thank you all so much for sharing your know-how.
I love it here on Moomoo because it has a community that is so generous in sharing tips on what to buy. These are quite risky but sometimes, it's fun to make a few quick bucks. The more rewarding part for me is, how different traders are analyzing their recommendations and there's just so much to learn. Thank you all so much for sharing your know-how.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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102488582 : Hi, thank you for sharing. l am new. l also want to buy $Alibaba (BABA.US)$ and $Apple (AAPL.US)$ for long term investments. But the thing is : when is the right time to buy ?
Thanks.
HopeAlways : Strongly agree, is always good to start with the companies in the industry that we are familiar with.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
aoimizu OP 102488582 : $Alibaba (BABA.US)$ is in a tricky situation because we're not sure when the government will stop the crackdown. So proceed with caution. But IMHO, BABA is already at a very low price. I bought once at 165, and I'm looking to add some if it's below 160. Be very sure of your motivation for buying (long-term vs profit taking). Maybe start small bc it's not a cheap stock. For AAPL, I'm less worried. I think the price might still adjust downward next week so let's wait and see.
DeeOnlyWant : Start small. It will grow as you grow.
aoimizu OP DeeOnlyWant : Wise words. Thanks for sharing with us![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102357992 : I bought a small position in Tesla for the first time, but she is my most expensive stock.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
aoimizu OP 102357992 : Good stock, I'm a little late, now I'm a little afraid to get in![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
GM 1 aoimizu OP : Enter before earnings report should b goOd?
aoimizu OP GM 1 : TSLA already up so much, scary to enter
Have been stocking up on AAPL bit by bit
GM 1 aoimizu OP : I didn’t scalp last week for fEar Of aggressive shorting n it went up so much amazingly without much resistance…so I thought it has good potential to hit 900 with the ER… so I continued n argggggh suddenly it dropped!! The short selling started Again! I thought They should wait till After ER![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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