• SippyCup@lemmy.world
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    2 hours ago

    Roth IRA. put 10% in each paycheck.

    If you’re instead looking to trade stocks like Pokemon cards, there are plenty of apps that let you do that. And just like Pokemon cards, you’ll put more in than you’ll ever take out if you trade like that.

    Buy the dip, hold. You’ll either eventually come out ahead or the company you bought will dissolve.

    • Corkyskog@sh.itjust.works
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      2 hours ago

      As long as he isn’t turning them over in trades, or overweighting his purchases, he can pick stocks like Pokémon cards and do fine. Plenty of buy and hold investors beat the indexes and the ones that don’t usually aren’t that far behind.

      • SippyCup@lemmy.world
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        27 minutes ago

        Sure. But it seems like this individual doesn’t really know much so like, let them test the waters first.