MrRenev

My top 15 dumbest investing advice

Education
TVC:DJI   Dow Jones Industrial Average Index
"All you have to do is invest early."

"Throw money into the stock market and then wait. Just hodl, last time they said."

"The US stock market recovered from 2 world wars nothing can stop it. It will keep going up forever."

"If you just throw a few hundreds a month into the coinflip fire you'll magically be a millionaire by 60."

"Look at the past (but not before my lifetime, I cannot understand that past), prices have always gone up, so there is no risk, just hold and enjoy retirement."

"If you look at this very technical data with numbers you can see that if you held for a long enough time in the past 75 years you always ended up fine. If you are about to retire throw all your money into the stock market and have no worries, forget about it, everything will be fine."

"According to some numbers of the past 75 years I can guarentee stock buyers will get 5% returns because that's how my brain works."

"Start saving for retirement early" (at -1% a year you'll be a happy millionaire retired man in no time)

"Diversification is for idiots. Since I am unaware of what is going on I clearly lucked out, and I advice you to go all in just very few companies, and make them all american."

"The best thing you can do is buy shares of a company and then forget about it. Nothing bad will happen because last time they said!"

"Just buy the indice. Easy."

"Here is some advice on short term speculating from someone which smallest holding time frame ever is 15 years: Invest for 30 minutes the same way you would for 30 years."

"Just follow the trend / Buy when there is blood in the street" (Since 99.9% misunderstand this...)

"Investing or even speculating requires no talent no intelligence, any idiot can do it. Do not let professionals manage your money, just do it yourself while having a full time job np. (I myself spend 14 hours a day reading quaterly reports and the news.)"

"I asked one of the biggest pro's (that kept saying no) for a quick easy way to have success in the stock market, to help average people. Here is the Perfect Market Share Formula for a Bullet Proof Nest-Egg (BULLET PROOF!) all weather portfolio: go 30% stocks because they always go up and 55% bonds including 40% long term because they are safe (HAHAHA!) Gold 7.5% and Commodities 7.5%. This has worked for the past 75 years so GGEZ magic formula go relax give yourself a treat nothing bad will happen." No effort required, easy. Can I get more of this? Can you sell me some quick abs? Maybe add some crypto to the formula no?




BONUS ONE, FREE: "Relax give yourself a treat you become a millionaire easy no effort we will all be millionaires by 60. All you have to do is believe in yourself."



As a conclusion today, done never before, I would like to gift you with the 1 bullet proof investment you need: Buy the company that makes kevlar vests. This is not financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.