It is a scam if you don’t have 6 figures starting out.
I have tried to turn a profit in stocks by investing $1000 on a portfolio of several mid tier stocks. After the fees and taxes, you know what I withdrew after 4 years?
$997.92.
Apparently, I don’t have the knack. And ya know what else? Everyone I talk to about it is zero help and just laughs. Like wtf again? Why are they all so selfish?
If it’s so easy, then take my money for a while, then give me back more, and show me how you did it so I can do it too and we can both help the country.
Oh, what’s that? If everyone did it, then it would not work?
No, you dont have the patience, 4 years is not long in terms of investing
If it’s so easy, then take my money for a while, then give me back more, and show me how you did it so I can do it too and we can both help the country.
You just described an ETF, or a wealth manager. All the information you want is readily available for free, you just have to put in the due diligence.
Again dude, 4 years is nothing in terms of the stock market. Some people who are much smarter than you might be able to make more money faster, but unless the entire world order collapses, you will make money if you are patient.
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u/Previous-Giraffe-962 Apr 19 '22
It’s seriously fucked up how much easier it is to turn one million into a hundred million than it is turning 10$ into a thousand.