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Stock Market under President Biden
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VERY seldom is day trading (gambling) successful. In my opinion chasing the next "hot stock" is not only a fool's game it's dangerous. While I disagree with brokerages restricting trades in certain securities, I can somewhat understand why they are doing it. This kind of speculative trading (gambling) is exactly what caused the dot-com bubble. A lot of people are going to lose a lot of money doing this, especially since it's become "the new craze".
In the meantime I bought into the small dip that the market took yesterday, but I am watching closely. The only two stocks that I hold by themselves are Boeing and Micro$oft, both of which I have held nearly a year. Both have done very well for me and will continue to do well over the long term. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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