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TopicMan how do you make a $1,000 a week from stock market?
SevenTenths
02/08/21 11:51:32 PM
#53:


DoGCyN posted...
I thought I was doing well getting 8-10% per year on longterm. 5% per week??? Is that a thing??

You're doing fine. Listening to people claiming they're getting 5% week is how you end up the people who bought into gamestop at 300 because it was totally going to 1000.

You can get a lucky hit here or there and get better gains, but that's the nature of risk reward. You can also miss and watch that money disappear.

As you get more money you can afford to take more risk. Putting $5 into 30 companies hoping 4 of them take off and you get $400 doesn't have the same effect as putting 50k in 30 companies and hoping 4 of them take off and you get 4 mil.

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