Hacker News new | ask | show | jobs
by sr3d 2321 days ago
You should invest your time to learn how to invest and trade stocks. I spent 8 months learning trading and it has been a very challenging but rewarding process.

Learning Options trading is another thing you can do once you become more familiar with the stock markets, and hopefully you can start trading options using your profits from your wise investments.

These 2 skills, stock trading and option trading, in my opinion, are the most critical skills for someone, especially software engineers to generate more incomes and become financially independent as an alternative path to founding/working at a startup.

You can start small to learn but invest 1 good year and you'll be amazed at the knowledge and freedom you have gained.

1 comments

Care to share the online resources that helped you the most? I'm also trying to trade stocks but am fearful of the current market outlook esp with the possibility of an impending pandemic.
3M sells face masks. Purnell sells hand sanitizers. Would be interesting to see how their stock does during a pandemic.

Note: I’m not saying buy 3M and Purell stock. I’m just saying, if there’s an impending pandemic, there are probably businesses who will see a rise in demand due to the pandemic. What’s going on in the parts of China right now where there are quarantines? How has that shifted demand for goods and services?