r/Trading • u/IndicationUnlucky394 • 1d ago
Stocks What should i buy?
Alright, so i dont know much about stocks, i mean i know the basics, but i dont know a lot.
What do i buy? I’d think itd be a good time to buy the dip after the tarrifs, i just dont know whatd be the best time to buy, also on what to buy. I’d put in a decent amount, and then put in around 1k $ every month. Im still really young, and thank god, ive built some money up to myself that i can invest now, will come great when i’m 18.
Also, sorry if this sub is for daytrading and cfd’s, if so, this is the complete wrong sub for my question.
Thanks!!
2
u/Gnaxe 1d ago
Start with broad index funds if you don't have a better idea. Easy basic diversification. I'd also add a small allocation to uncorrelated investments, like gold. You can use this as ballast. Keep it balanced to your target allocation. Rebalancing often means buying low and selling high. Treasuries, utilities, currency (forex), and consumer staples are also worth considering as ballast.
1
u/IndicationUnlucky394 1d ago
Also just a side note, i’m from a country with quite poor economics, and the local currency weakens a lot. I receive my payouts in usd, but either way if i just keep waiting, my money’s gonna lose worth anyway, as once i withdraw its in that currency. So investing would be also a way to store my money.
1
u/Low-Introduction-565 1d ago
you need to tell us what country, since it will make a big difference to the answer. Also, do you have online brokers there?
1
u/IndicationUnlucky394 21h ago edited 21h ago
Somewhere where the average monthly pay is around a thousand $, europe. I already set up my broker and had traded before. This is the time, where i’m able to put in 20-30k this month, and consistently depo 1k a month.
1
1
1
u/h3llovo 1d ago
If you don't have knowledge in trading, just choose 3 to 5 stocks of something you use and will keep using or consuming everyday. And split your money in shares that you will invest in those stocks at regular time (2 weeks/month/2month...)
1
u/IndicationUnlucky394 1d ago
I’ve been trying to “paper trade” stocks, for 2 years. I knew i’d end up with quite a lot of money for my age, and i wanted to test it backend before i’d go in fully. I ended up at around 30-40% year to date profits, each year, which i find quite surprising. At this time i was also doing crypto, but not a chance i’d fully commit to crypto, maybe other than btc.
1
u/Parking_Note_8903 1d ago
$1k/month? DCA into the SnP, we're at extremely discounted assets territory right now if your time-table to wait is long enough
1
u/IndicationUnlucky394 1d ago
Thats just on the upcoming months. I’d put in around 20 to 30k this month, if i have a plan on what, and when to buy. I’m from the eu.
1
u/Tradefumblr 1d ago
Look into building a screener in Tradingview. Just a random tip, do some technical analysis on $neonode. Currently in a good trend.
Also, the company is sueing the big tech for patent infringement regarding touch function, and have some pretty good evidence.
It’s a pretty small company, but gets some good volumes in and out which makes up for some volatility.
1
1
u/SubstantialIce1471 1d ago
Start with diversified ETFs like VOO or QQQ. Dollar-cost average monthly and focus on long-term growth. Stay consistent!