Investment suggestions for Trump's presidency?

[TheReal_ND]

[SuburbanFarmer]

Your best bet is to ask GrumpyCatFace, he is the resident economics and finance expert. His views on wealth creation are beyond reproach.

[TheReal_ND]

Your best bet is to ask GrumpyCatFace, he is the resident economics and finance expert. His views on wealth creation are beyond reproach.

Yep. This badass can't even be bothered to embed images correctly.

[SuburbanFarmer]

Okay, if that's what investing in stock is analogous to, I guess I can see how my question may be an ineffective one. No point in being too embarrassed to ask though so what would be the "training" needed before one's first investment can be made(with a lesser chance being knocked the fuck out)?

As the fine gentlemen are attempting to warn you, now is not a good time to jump in. Which is a good thing for you, as it gives you time to learn.

For training material, start with the investing bible - The Intelligent Investor, by Ben Graham.

While you're reading that, work on paying off any outstanding debt. Yes, it's boring, but any amount you could make on straight stock investing will be dwarfed by the interest that you're paying.

Once that's finished, dip your toes in a paper account on tdameritrade, or another broker of your choice. Watch the market move, and track how you do. Research obscure terminology on investopedia. Develop a feel for market forces, spend some time watching CNBC just for the lingo. Continue to develop yourself, as it really is a lifelong game.

Then share a bit of what you've learned on an obscure political forum, so that ignorant strangers can shit all over it and laugh in your face.

[TheReal_ND]

Avoid Charles Schwab for any investments less than 5k and especially if you plan on doing exchanges. Too pricey but top notch service on the other hand.

[Ex-California]

While you're reading that, work on paying off any outstanding debt. Yes, it's boring, but any amount you could make on straight stock investing will be dwarfed by the interest that you're paying.

This is the best advice on this forum

[Smitty-48]

Obviously, if you're totally averse to risk and you can't afford to ride out the corrections, you shouldn't be in equities at all. Any consideration of equities implies that you are willing to assume some level of risk, to include riding out corrections without panicking and realizing your losses therein.

If you're going short, you absolutely have to understand the risks therein and that you are fully exposed to them, if you're going long, just buy blue chip dividend paying stocks, ignore the volatility, and check back in twenty years.

[Jakefairplay]

Ah, I'm beginning to get the picture now. Fine gentlemen, indeed! Thanks for the advice

[boethius]

If you're young, don't listen to Boomers' advice on money, even if they have a million dollar net worth. Boomers came into the economy at a time when you had to work extra hard to fuckup enough to not have a house and fat retirement account by mid 50s, or age 60.
Boomers came into the economy at a time when a highschool diploma got you a solid job at age 18 with security, and you could buy a house for $35,000 that's worth $300,000 today. A boomer who went to college could pay for it with a summer job and graduate with no debt.

[apeman]

Your best bet is to ask GrumpyCatFace, he is the resident economics and finance expert. His views on wealth creation are beyond reproach.

Step 1: read the Intelligent Investor
Step 2: realize that the lessons from the Intelligent Investor counsel you to not buy any equities whatsoever at these levels
Step 3: wait for years for a "value play" a la the Intelligent Investor, and never find one, well, maybe in the next decade you can find one, if you're patient
Step 4: give up, learn to love big brother and buy SPX

If I had followed the advice right there, I'd be better off than my "clever" schemes.