Hacker News new | past | comments | ask | show | jobs | submit login

A) Don't take advice from random strangers, especially those living in echo chambers.

B) Read, read, read, read, read.

C) After B, decide on your own - you are likely as smart or smarter than any financial adviser, you need to learn what's out there.

D) Some things that work for me: i) Letting my wife manage my portfolio, for the most part, she is generally more distant in her judgements; ii) stocks paying decent dividends with a history of doing so, in a DRIP; iii) reading the news, looking for things that might cause bumps in depressed stocks (made good money on Yahoo when Mayer took over); iv) doing "iii" with no more than 5-10% of my portfolio.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: