Originally Posted by rsmurano (Post 2444389)

if you listen to this garbage, no wonder people don't make money in the market. I have had a handful of 150k daily gains in the market since the election. I got out of the market late 2024 because of a few reasons, went all money market. Then when EVERYBODY was stating there's a 50% chance of a recession, tariffs are going to be bad, bad new after bad news, I got fully back in the market on April 3rd. I bought stocks at $26 and sold 6 weeks later for $64, a few other stocks went up over 50%. I got out of those 3 high flyers at the end of May, put those monies into other long term stocks that have made me over 60% gains and still climbing. Who says you can't make money in the market?

I don't listen to any particular person/event, I listen to outbursts from people that make you think is it wise to be in or out of the market. For example, in 2020, when things were way down, I kept hearing it was going to be a "V" shaped recovery so I didn't make a move. Late 2021, I heard the so-called finance experts state "inflation was going to be transitory", I sold everything in Dec 2021. Then when the market was at its lowest in sentiment, I started getting back in the market in late 2022 thru early 2023. TSLA, META, were below $100, and many others that were getting written off, it was time to buy. After the newness of the election, after a couple really good days, things started to get ugly so I got out again. Getting out was moving to money market making 5.25% at its peak and still today over 4%. Then when everybody thought Armageddon was going to occur the beginning of April, Jamie Dimon and others stating a recession was coming, I got into stocks that were beaten up like HIMS and a few others and they went up huge in a matter of weeks, then I got out of 3 of them.
IMO, when people write articles that investments won't go up like they did in the past, they don't know what they are taking about. When the market goes up 1% or 2% in a day, that doesn't mean everything you own goes up by that amount. I have had some stocks go up 5% or more when the market was down 2%and vice versa. In today's environment, you have to know what stocks/funds to buy to make money. I wouldn't be chasing any stocks right now, but I would definitely be looking at stocks that are great companies that took a dip. For example, when I sold 3 stocks in late May, I bought into a couple stocks that took a hit of 5 or 6% in 1 day, so I bought them on those days and they are soaring ever since.

Originally Posted by rsmurano (Post 2444752)

Why is it so far fetched to make $$$ in the stock market? I know most investors make little to nothing in the market long term, which is a shame. I already told you 1 stock that did well, look at some of these that have increased 50%-90% since April 1st: vistra, vrt, dell, ceg. There are many more too. It’s no secret, the data is out there, you just need to look for it and think for yourself is it going to be a good investment for me now and long term. Put a trailing loss on each stock if you don’t want it to go down much, or if you see there are headwinds coming, take the emotions out and sell while it’s still climbing and don’t regret it, no matter how much more it goes up.

Most investors buy into active mutual funds that have very high expenses, high turnover, high load fees, and probably pay an advisor 1%-1.5% on top of that.
IMO, investing involves research, common sense, no emotions on buying and especially when selling, and a broad look at what’s going on in the country/world. Everything else is just noise.

Originally Posted by rsmurano (Post 2444752)

Why is it so far fetched to make $$$ in the stock market?

Originally Posted by rsmurano (Post 2444782)

Yup, it’s a full time job, if your job is 10-30 mins a day a few days a week. It takes me longer to drive to subway for lunch. Some weeks 0 mins, other weeks 30 mins a day, and that includes reading financial books. Since my last trades a few weeks/month ago, I’ve spent 0 mins.
Right now, most things are automated: if a stock drops x%/$$$, I get alerted to buy, same for selling, if the price drops x%/$$$, sell some or all.
Like I said pretty simple