View Single Post
      07-30-2018, 02:06 PM   #83
DETRoadster
Space Force - 4 Star General
DETRoadster's Avatar
11463
Rep
3,264
Posts

Drives: M2 MG 6MT / Moto Guzzi V7
Join Date: Jul 2016
Location: Seattle

iTrader: (1)

Quote:
Originally Posted by BayMoWe335 View Post
I'd advise anyone buying stocks to do their own research. If I told you AAPL, would you really take your money and buy AAPL because a guy on a BMW forum told you to?

This is the insane peculiarity of this world. People will research what kind of washer/dryer to buy for months and haggle for hours to get the best deal, but they trust their life savings with completely strangers after a 5 minute sales pitch or a off hand stock tip.

The fact I am a Wharton graduate shouldn't give you any additional confidence over doing your own research. In the end, it's your money.

Let's just say the entire financial services industry is a complete and utter waste of money. There is literally nothing to know other than:

1) Invest in stocks, not gold, not bonds, not CDs, not annuities, or any other nonsense.
2) Never lose capital
Soooo, what I hear you saying is "buy AAPL", right?
Appreciate 0