Oh, I'm sorry... did that come off sarcastic? I really mean it though. I'm no pro, by any measure, but I do my best and I like to think I'm getting better as I go. I've beaten the market (whatever the hell that means) every year, since opening my Wealthsimple account five years ago... but modestly... I'm no savant and haven't found the "secret" stock that "everyone is ignoring". This year, I'm behind the market and it's become clear that it's because of some blindspots. So, the plan is to keep doing what I'm doing, which is to say, stay open and flexible and learn from mistakes (but always remember to celebrate the wins)! Here are a few tips I've learned along the way: 1. Surround yourself with people who are better/smarter than you. 🤓 Watch them closely and track their claims/trades. 2. Filter out the angry/negative people. I call mine "Bradleys", but you can call yours whatever you want. 😜 These dudes (yes, by far, mostly men), are typically stuck in their ways and get really pissed if anyone does things differently. 3. Watch videos, read articles/books, listen to podcasts. Try to avoid the "this is the next big stock!" types. 4. Take all of this and use what you've learned while you explore websites like Finviz, Tradingview, Seeking Alpha, StockAlalysis, etc. 5. Don't be a 🐱 . Learn to recognize when you have a good idea and commit. Also, recognize when you 💩 the bed and take the loss. 6. Don't be a 🍆 . Be nice and helpful to the people who know less than you, or shut the 🤬 up. So, I don't know why I felt the need to write this. Probably, I have some sort of disorder... not that there's anything wrong with that! 😜 Here are some stocks that caught my interest recently. Two of these were put on my radar by @moe_on_margin (see step 1) and one of them, I liked enough to take a small bite from.
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Moe @moe_on_margin · 17m
Counter Cycle baby!!! 🚀🚀 appreciate the shoutout, your’e too kind! 🙏 And these are some great thoughts.
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