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What advise would you give to someone who has started to invest money in stocks?

ABCDEF7 · M Best Comment
"On Taking Risk : Never test the depth of river with both feet.

On Investment : Do not put all eggs in one basket." - Warren Buffett


Below are the few advises from Warren Buffett.

https://similarworlds.com/3151544-I-Like-to-Share-Good-Thoughts-and-Sayings/2448749-Lessons-From-Great-People-Warren-Buffet-On-Earning

Earthwrap · 41-45, M
From 2 decades of doing it this is the best advice.
https://www.youtube.com/watch?v=ozFQa3dkg1c
Zoranna · F
Zoranna · F
Buy carefully and be prepared to hold onto them for a [b]LONG[/b] time, it's going to take forever to recover from this downturn.
tallpowerhouseblonde · 31-35, F
They just fucked up.Their timing stinks.
@tallpowerhouseblonde what makes you say that
tallpowerhouseblonde · 31-35, F
@mysteryespresso Companies closed because everyone is at home.No money coming in.No profit.Shares go down in value.Shareholders lose money.
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@SW-User 😡
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Orlbe · 26-30, F
I personally bet on trading futures
@Orlbe right choice
Dan193 · 31-35, M
Market is gonna get worse. More and more people are losing jobs. If you really want to invest now, invest in index funds. Specific stocks - would not recommend right now.
@Dan193 what is index fund
Dan193 · 31-35, M
@mysteryespresso what's next? You're gonna ask me to buy the stocks for you as well?
@Dan193 yes, do that🤬
SW-User
Get a financial advisor
ViciDraco · 36-40, M
Buy things you want to hold onto for a long time. Look into dividend stocks with DRIP
@ViciDraco what is drip
ViciDraco · 36-40, M
@mysteryespresso a program that reinvests dividends into more stock purchases automatically
SW-User
@SW-User why not

 
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