by Recyclersteve » Wed Jun 26, 2024 8:40 pm
Lemon Thrower wrote:seems too good to be true
This does sound to good to be true. A “safe” 12% annual return is super unusual.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.