According to some traders, it seems like July has brought an early Christmas for the market. The Nasdaq is displaying notable gains, and the Dow closed higher for 13 straight sessions through 26th, July. Moreover, corporate earnings continue to pour in, especially from various tech companies on the horizon. This influx of earnings might be seen as a big test for the ongoing tech-stock rally.
Stephen G : don't have to know everything but a few simple guesses without over analyzing is super healthy.
Syuee : You don't have to know everything to invest well, but you need to diversify your portfolio. Don’t put all your eggs in one basket.
Spread your capital across different sectors, industries, and countries. That way, if one of them crashes, you still have the others to fall back on.
Also, disregard the sensationalism and the clamor. Generally, the media thrives on negativity, fear and information manipulation. Simply ignore the noise. Focus on your own research instead.
Be patient and disciplined. And, don't forget to enjoy the ride. Investing can be fun, if you do it right.
HuatLady Syuee : Absolutely agree with you for believing that "investment can be fun if you do it right." Let's "HUAT" together with your WISE insights for a smart investment journey.
snoopy123 : You don't have to know everything to invest well, but you will do well to know yourself (what keeps you awake), your boundaries (what makes you lose sleep), and most importantly about the company (what you are investing)..
PaAg1378 : "You don't have to know everything to invest well, but you definitely dont catch a falling knife nor climb a super steep mountain peak. "
Super White 超级白❤ : but must believe when you hit that trade button, you will feel the shiokness like running naked at orchard road, with wind blowing happily on your face. You will see those envy eyes on you, you feel you own that moments what you can achieve in life. Greatness..
Popular on moomoo OP : Hi, mooers. @Ziet Invests @JP_mykayaplus @ iamiam @SpyderCall @Nigel Chong 庄证评@Jessica Amir @ Kopikarp @Alvin Chow 邹咏翰 @Seeking The Value @ cola1010 Your insights are awe-inspring, and we believe your posts would be of great value to our community. So we gathered your posts in the Moo Community Spotlight for July 2023 to let more mooers access your fantastic ideas. Thanks again for your active participation in and contribution to our community.
SPACELIGHT : I prefer the word "hunch" when observing the trend or lack thereof, and volume or momentum or lack thereof, vs. the word "guessing." Guessing doesn't work for me. A gradual shift in approach has been a reliance predominantly on fundamental analysis to predominantly technical analysis currently. The different time frames and the technical chart is just about all I need. Technical charts are noise free. Give one stock that moves up or down with decent volume regularly. Give me a trend. That's enough.
iamiam : "You don't have to know everything to invest well, but_________________"
Invest in what you know (Peter Lynch)... Use the knowledge you already have as an investor. Most workers know their business better than investment "insiders." Use that knowledge as an advantage in your investing. I worked construction for 20 years and used that knowledge to invest, at the right times, in commodities, for large returns.
shezhinicheng1949 : My regular recommendation has been a low-cost S&P 500 index fund.……
Berkshire shareholder letter of 2016
(Buffett recommends passive and low-cost index funds because he believes this is the most rational way to invest for most people. There are so many forms of mistakes ordinary investors can make, but passive index investing limits those risks massively.)
View more comments...