20 December 2023
How to get started investing in the Stock Market for beginners in 2023
Space play/pause · J/L seek 10s · [ ] previous/next
Summary
Since October 2020, he attributes major losses to greed, gambling mentality, and concentrating his money in two penny stocks. He recommends regulated apps, diversification across sectors and ETFs, dollar-cost averaging, long horizons, and resisting panic selling or FOMO. He contrasts risky trading and shorting with patient buy-and-hold, explaining growth, value, dividend stocks, yields, and dividend traps.
Insight
Current teaching reframes his earlier gambling mentality into a disciplined, risk-managed long- term strategy.