I have some extra cash laying around so instead of spending it on dumb stuff (I'm prone to that) I decided to start investing. I signed up for Fidelity last night, since that is where my IRA is, and made some trades this morning. So far I'm up $12 .
Anybody else do this for fun? What do you invest in? Any tips for a noob?
I'll give you 2 stocks that I watch TQQQ and SQQQ, These are called ETFs. These 2 react opposite each other, they follow Tech stocks, basically Nasdaq, Anyways, TQQQ follows Nasdaq up when it goes up, and down when it goes down. SQQQ is opposite. If Nasdaq goes up, it goes down, if Nasdaq goes down it goes up. Be very careful with ETF's. They move 3 times faster, So you can make 3 times more or you can lose 3 times fast. Like today and yesterday, stocks started to sink. Would have made good money on SQQQ. Last week you would have done good with TQQQ
I'll give you 2 stocks that I watch TQQQ and SQQQ, These are called ETFs. These 2 react opposite each other, they follow Tech stocks, basically Nasdaq, Anyways, TQQQ follows Nasdaq up when it goes up, and down when it goes down. SQQQ is opposite. If Nasdaq goes up, it goes down, if Nasdaq goes down it goes up. Be very careful with ETF's. They move 3 times faster, So you can make 3 times more or you can lose 3 times fast. Like today and yesterday, stocks started to sink. Would have made good money on SQQQ. Last week you would have done good with TQQQ
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