I have a strong feeling the market is going to get better in just a couple months, but I dont know where to start when it comes to investing into stocks. Does anyone recommend a good place to start? Webo? Robinhood?
I was told that AI, nvidia, and ETF is good. I have no idea, but if any based frens know any tips please let us know. We all wanna flourish and prosper in this Trump economy!
is it also too late to buy with the dip trump sent out last night?
Stock picking is kind of like gambling unless your name is Nancy Pelosi. If you want long-term investment advice, I'd suggest putting a big chunk of your money into an S&P 500-index fund. You'd get exposure to the broad market without a lot of fuckery from funds managers because they have to try to match or beat the S&P 500 performance and they usually have a low expense ratio. S&P has a historic 10.5% average annual return which would mean doubling of money every 7 years. Also, you may want to consider doing this via an IRA or 401K to take advantage of tax breaks (retirement accounts so you get penalized if you withdraw early). Many of these types of accounts have a way to set up dividend reinvestment which can also help boost long term returns. It aint the sexiest way to invest but it works for a lot of people.
Here's a pretty good writeup on this type of investment strategy:
https://www.businessinsider.com/personal-finance/investing/average-stock-market-return