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I just got into stocks 1.5 months ago now it became stonks. Good thing I'm a high income dividend investor and doesn't care if my capital get wrecked. RIP $240.

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  • 1
    Stonks indeed
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    Im treating them as long term investments. In short term you are only losing.
  • 0
    @dumbdev what does that even mean?
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    @iiii There is no financial product that has beaten an index fond in the long term.
    An index fond is an collection of shares that are in an index. They are the probably on of the safest products when it comes to shares.
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    @stop no, i mean how can something be a continuous loss while being a cumulative win. that's mathematically impossible
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    @iiii an index fond is more steady, while the manual trading goes more up and down. Even the bankers with their minimum ping for hypertrading have problems to be better.
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    @stop it does not answer the question still: how can it be a short term loss but a long term win. That does not add up. There should be short term wins along the way to offset losses.
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    @iiii its not a short term loss. In short term day-trading performs better than an index fond.
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    There should be short term wins that adds up. I got tired of high growth with little dividend stock so I just focused in high income dividend even if my capital will be destroyed by 25% as long as I receive the high dividend monthly. That will be my retirement passive income. Hopefully it snow balls up fast. Targeting 2k dollars per month net in dividends. Currently at $26 net per month in dividends.
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    @stop I don't like day trading as I have a job and usually do unpaid overtimes
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