Hacker News new | ask | show | jobs
by mirceal 1490 days ago
You cannot time the market.

When you have invested in something, did you do your DD or did you do it because everyone else did it?

I would recommend a book called "the intelligent investor". I also recommend low fee mutual funds that track the market as the default thing to invest. Once you educate yourself more you can make more sophisticated investments.

I also don't have anything against speculative investments. Just don't call it investing. It's gambling and it's fine as long as you know what you are doing and are okay with basically losing most (everything) you put in.

1 comments

> Once you educate yourself more you can make more sophisticated investments.

There are countless well-capitalized and mostly underperforming hedge funds that were built on this premise.