Tell me if my logic is correct: As an example, Boeing shares (BA) were down to around $90 last week, now are hovering at $182. If I would've dumped 25k on them last week, this week I'd have almost double my money if I sold out? Is it that easy?
yes. But more than likely if you are inexperienced, you would have purchased at 100, then chickened out at 90 and sold.Tell me if my logic is correct: As an example, Boeing shares (BA) were down to around $90 last week, now are hovering at $182. If I would've dumped 25k on them last week, this week I'd have almost double my money if I sold out? Is it that easy?
You are better off buying an index rather than picking individual stocksI am as green as they are when it comes to finance, but I do know in a time like this, if you have money, you should be buy, buy, buying, right? I'd be looking for quick turn around, buy low, sell high, move on to the next one, rinse, repeat.
Completely agree. Buy an index fund that tracks the Russell 2000 or the S&P 500.You are better off buying an index rather than picking individual stocks
Be very careful right now.. the market is doing some crazy reactions and there is a lot of instability and the Fed has jumped in to prop up the markets and credit.Is that better for short term gains? Like buy today, sell friday or monday?