WigglyMuffin
WigglyMuffin

Investing in stocks?

Hello people, how are you selecting stocks to invest in. Is it through news, brokers, or finfluencers?

6mo ago
Talking product sense with Ridhi
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SwirlyTaco
SwirlyTaco

Don’t. You’re not ready.

WigglyMuffin
WigglyMuffin

Unemployed guy telling me what to do. Lol

SwirlyTaco
SwirlyTaco

There’s a reason I can afford to stay unemployed. Lol.

JumpyPretzel
JumpyPretzel

I started just by buying some super famous, large cap stocks- Reliance, TCS etc. Good thing with them is, you can learn with minimal risk. You can start like that and slowly you can start to follow all the news related to those stocks, and all the quarterly financial reports they send (understanding them completely is not possible, but a cursory glance and comparison with precious performances etc).
Also, some other ways to pick up is, what brands things you like and you notice it to be popular among others too, you can buy that company’s stock. Which mutual fund you notice performing consistently good for past 7-10 yrs? You can check its underlying top 10 stocks and pick up a few of those.

JumpyPretzel
JumpyPretzel

Also, which company is doing aggressive expansion and aggressive acquisitions, along with having good enough profit in last few quarters? If you find any such company via news, you can surly buy such company’s stocks. Expansion of stores/footprints, and acquisitions etc, along with having profits and low debt, is a sure shot sign of good growth ahead.

JumpyPretzel
JumpyPretzel

Reading the Q&As of con-calls too is one way to understand how good or bad the future of that company is going to be.

SquishyQuokka
SquishyQuokka

Don’t

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Hookers and Coke, go enjoy life

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