Comments by "ThatHandsomeDevil08" (@thathandsomedevil0828) on "여의도 육퇴클럽" channel.

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  4. I personally believe that get rich quick plan in the stock market is impossible for small time investors. Even the big investment houses only make gains on extremely small margins but are backed up by so much capital it blows the mind of any civilians who deign to look. But I digress, in fairness; as this is not financial advice : - avoid crypto currency investment, it is a complete scam that has little to do with reality - when trying to invest in the stock market, make sure you research, research, RESEARCH!! Make sure you understand every term and jargon in your investment portfolio account or don't even bother - forget the rush of making money quickly, investments are long term by nature - when done with the above research into mutual funds and just invest there instead. They are long term, more stable than stocks and allows you to invest in entire sectors and top performing companies without spending premiums on each company stock. - practice any form of investing with a virtual account first and set up watch lists to see how stocks or investment vehicles operate over time, at least you won't be losing money in real time as a result. Case in point, for a laugh I bought a single mutual fund unit share back in 2014 to really understand how they worked. I eventually forgot about it and checked back on it in March this year. That single mutual fund share had appreciated by 8,000% since then. I bought that single mutual fund unit share for £0.60 on the virtual account, it is now worth £48.00. From what I suspected, if I had spent £100 buying that mutual fund share for £0.60 per unit, I would have made a clean £8,000.00 today. Needless to say I am still kicking myself over that missed opportunity. In essence I am now only investing in mutual funds in sectors where I expect great economic performance based on my research. Issue with crypto currency investment is that it is based on nothing but pure speculation and psychology. That is insane to me and I have decided to never invest any money in it. But yeah guys and gals always do your homework. Never invest money you can't afford to lose. 😂👍
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