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This is a common question that comes up among investors. There is no right or wrong answer but for those who are not adept at timing the market or who have no time or energy to monitor the market everyday, I feel dollar cost averaging (DCA) is an easier and safer approach as it averages out the per unit cost over time. Putting aside a set amount of money for investment at regular intervals is analogous to a form of regular savings (albeit with a higher level of risk tha...
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Today tried something different which didn’t work out as planned.
$S&P 500 Index (.SPX.US)$contunied its downwards slide. Stocks bought and HODL instead of activey trading.
The BAD, Didn’t work that well for my P/L. As you can see its very red today.
The GOOD, not so stressed with making fast trading decisions. Less costly on Trading fees.
While we enter TGIF, keeping positive for tomorrow while learning from today.
Paper Trading:
HODL:...
$S&P 500 Index (.SPX.US)$contunied its downwards slide. Stocks bought and HODL instead of activey trading.
The BAD, Didn’t work that well for my P/L. As you can see its very red today.
The GOOD, not so stressed with making fast trading decisions. Less costly on Trading fees.
While we enter TGIF, keeping positive for tomorrow while learning from today.
Paper Trading:
HODL:...
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The U.S. stock market has hit new highs again! Congrats!👏 If you started investing in the US market at the beginning of the year and haven't made any major mistakes, you've probably seen some gains! 🎉
As we hit the mid-year mark, let's take a look back at our Premium Learning journey. Driven by AI and major tech stocks, the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ have repeatedly reached new highs over...
As we hit the mid-year mark, let's take a look back at our Premium Learning journey. Driven by AI and major tech stocks, the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ have repeatedly reached new highs over...
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As we bid farewell to 2023 and welcome 2024, let's revisit the impactful moments, inspirational ideas, and insightful knowledge from the moomoo community.
Thanks to the growing participation of our mooers, the community has turned into a dynamic environment for discussing trending topics, personal investment stories, and valuable educational content.
Now, let's travel back to 2023, a year of ups and downs, but filled with potent...
Thanks to the growing participation of our mooers, the community has turned into a dynamic environment for discussing trending topics, personal investment stories, and valuable educational content.
Now, let's travel back to 2023, a year of ups and downs, but filled with potent...
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Bad year..