02-09-2021, 11:03 PM
I've had mediocre luck. It's frustrating because it's mostly idiots that manipulate the market. A prime example; a stock I held was in the logistics industry and for arguments sake has the ticker symbol BIR. The stock is doing well and I'm collecting about 10% every quarter in dividends. Meanwhile, over in another country, a bank scandal goes down and this bank has the initials BIR. Well, wouldn't you know, the stock I'm holding tanks and never recovers because people only read headlines and not the god damn article. My usual playbook I use is to find stocks that pay a decent dividend, cost around $5 (+/- $2) and show their 6 month trend is slightly increasing. Once I make 10% of my initial investment, I sell. Although, I'm sitting on one right now that I took a chance on with an IPO on day one and haven't sold as I'm up 85%. I'm shooting for the 100% to double my money. We'll see if it happens...