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Ask HN: What's the best place to get investing advice?

4 pointsby pkukkapalliover 3 years ago
Are there are any forums like HN, where you guys go to get investing advice&#x2F;suggestions? I know Bogleheads is one, and I frequent it occasionally, but the advice seems to boil down to &quot;avoid active investing, and use index funds.&quot;<p>Basically looking for something that offers more diverse perspectives. Surely there must be something more to personal investing than buying index funds or YOLOing random stocks.

2 comments

_benjover 3 years ago
a few months I was very interested in trading and found that one of the best places to learn was with books.<p>Regarding to books tho, maybe look for books that have been around for a while, instead of a get-rich-quickly random ebook online.<p>My focus was technical trading, which at the end is learning how to read the sentiment of the market (tons of people selling out and the price plummeting, or tons of people buying and the price increasing).<p>There&#x27;s also fundamental trading, which has to do with learning about the company and if it&#x27;s currently (under&#x2F;over)valued and trading accordingly.<p>Whatever you do, spend time learning the language, learning to use stock screeners, understanding why price change, market makers, etc...<p>there&#x27;s a lot of specific vocabulary and investiopedia is your friend in that regard.<p>A book that I particularly liked was &quot;The Art and Science of Technical Analysis&quot; by Adam Grimes<p>There was another that I can&#x27;t remember the name right now, but it was mostly about the psychology of the market, i.e. there are tons of people looking at the same graph that you are looking, and they all are trying to predict the future in order to make money... so, mob mentality in a graph!<p>As with everything, be careful, don&#x27;t invest anything you can&#x27;t afford to lose and I&#x27;m not a financial advisor and all the disclaimers...<p>Good luck with this!
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s0rr0wskillover 3 years ago
wallstreetbets<p>Seriously though, be wary of online sites for investing advice. Better to come up with your own plan and do your own research since it&#x27;s easy to get caught up into something you&#x27;ll end up regretting
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