For example, emails from Stock Alert Daily, Marketing Brief, InvestorPlace Digest, etc.
My gut tells me there are too many hidden agendas, and I can’t really trust these platforms. What do you experienced folks think?
Anyone hyping up a stock is either 1) a social media influencer, or 2) trying to pump it up for personal gain. Do your own research and avoid FOMO. It’s your money.
Crosby said:
Anyone hyping up a stock is either 1) a social media influencer, or 2) trying to pump it up for personal gain. Do your own research and avoid FOMO. It’s your money.
Yeah, that makes sense. It aligns with what I was thinking.
@Hollis
If you’re new to investing, look into ETFs. They spread out your risk compared to individual stocks. Also, avoid options and leverage until you’re more experienced. The risks are just too high.
I wouldn’t trust them. In fact, they’re often better as contrarian indicators for finding shorts.
For every article claiming a stock will go up, there’s another saying it’ll go down. Skip the headlines. If you’re interested in a stock, read about it from various sources and make an informed guess. But honestly, most people are better off keeping their money in broad index funds like the S&P 500 or global market funds.
@Alva
That’s solid advice, and I’ve heard it before. But I’m thinking about taking a small, calculated risk to see how it goes. What’s the best way to dig into a company’s current financial health and products?
@Hollis
Start with businesses you understand. For example, retail giants like Costco or Walmart. Read their filings, check out their earnings call transcripts, and compare that with what you see as a consumer. Avoid jumping into industries you don’t understand, like biotech or niche tech. If you’re comfortable with Excel, try creating a simple spreadsheet to model revenue growth and margins. It’s a good way to turn narratives into numbers.
Zero trust.
None. By the time you hear about a ‘hot stock,’ it’s probably too late. Plus, beware of stock-picking scams. Some newsletters tell half their subscribers to buy and the other half to sell. Then they keep narrowing down the group until they have a small pool of people convinced they’re geniuses. Don’t fall for it.
Zero.
I use WallStreetBets as a signal. If I own a stock and it’s trending there, I sell and take my profits.
Rin said:
I use WallStreetBets as a signal. If I own a stock and it’s trending there, I sell and take my profits.
Interesting strategy. Thanks for sharing!
I’m new to trading and still learning. Shorts seem too advanced for me right now, but I appreciate the insight!
Hot stock recommendations are usually contrarian indicators. I wouldn’t trust them.
None. Zilch. Nada.
Noah said:
None. Zilch. Nada.
LOL. Looks like my skepticism was justified.
I trust them as much as I trust stock recommendations from Reddit… not much.
Be cautious with platforms like Motley Fool. I subscribed once and found their recommendations were either too expensive or conflicted with other advice. It got confusing fast. Learn to research on your own, and good luck!
This sounds like a topic better suited for stock trading forums.