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Investing

A-machine-insp
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 Sunglasses.

Anybody else do this for fun? What do you invest in? Any tips for a noob?
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  • Rolling eyesRolling eyes


    I didn't know what you meant by these ETF's moving 3X faster, but I see that those are leveraged ETFs - they borrowed money to increase shareholding (I just mentioned that to clarify for others). Not all ETF's are leveraged like that. For example QQQ is the non-leveraged ETF of TQQQ.

    I could see how you can quickly make/loose a lot of money with those particular ETFs. Thanks for sharing those. Tempting stuff.


    yeah they play off of QQQ actually, just didn’t want to throw to much into that fireRolling eyes
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  • Rolling eyesRolling eyes


    I didn't know what you meant by these ETF's moving 3X faster, but I see that those are leveraged ETFs - they borrowed money to increase shareholding (I just mentioned that to clarify for others). Not all ETF's are leveraged like that. For example QQQ is the non-leveraged ETF of TQQQ.

    I could see how you can quickly make/loose a lot of money with those particular ETFs. Thanks for sharing those. Tempting stuff.


    yeah they play off of QQQ actually, just didn’t want to throw to much into that fireRolling eyes
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