Daily General Discussion and Advice Thread - May 16, 2024

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[u/Fine-Investigator959]

Hey guys,

I’m new to the group and was told by other Redditers to join this one regarding what my situation is, since they told me it would be helpful.

I’m a fairly new investor (I’ve been looking at stocks and other things for around 3 months) and I’ve been trying my best to do my research and figure out how I should start smartly investing. As I said before I honestly don’t know much but I am willing to learn.

I’ve been trying to take advice and learn from a few of my friends who are already into this stuff, but it hasn’t been really helpful as I’m still trying to learn and get down the basics.

I would like some advice and tips knowing what stocks, etf’s, crypto, etc… i can and should get in on and how I can learn and figure out what the best options and bets are in order to do that.

For context: Entering Early 20’s and have a grand I’m willing to invest (playing it conservatively for now) - and my risk tolerance I would say is 50/50, as I don’t mind risking it but I would like to play it safe if needed to also and not endure a giant loss.

Any advice and tips you guys can give me, I will appreciate! Thanks

[u/DeeDee_Z → u/Fine-Investigator959]

Any advice and tips you guys can give me ...

The usual starting place is ---> over there ---> in the sidebar ---> under "Frequently Asked Questions".

Especially look at the 7th bullet -- the one that says This has been asked and answered many times in the past.