August 29, 2020
Introduction
It is too ambitious as a beginner to invest on stock market. But I like to make plans, and act on my goal. How can I invest on stocks and then make $10,000 dollars in Sept. 2020. What are those ideas I can examine and make sure that it might help in my ability as a equity research beginner - from March to August less than six months experience.
My behavior problems in August
I did one good purchase on July 31, 2020. I noticed that I was too worry about market crash and SPX went would go down below 3000. So I did make purchase Canadian oil stock and made over $3000 Canadian dollars gains in less than one week.
But I did not make it happen on August 24, 2020. President Trump gave news conference in the weekend, and I made plans for purchase. But I was still not able to make it. Investment is hard than I think.
September 2020
I changed my target from $10,000 Canadian dollars to $3000 dollars. I like to take less risk since I am a beginner. I do not know too much about risks in market.
Here are 10 ideas to think about.
- Practice day trading, and try to make money from FANG stocks. $200 dollars for each company stock.
- Bet on SPX 500 VOO goes up 10%
- Bet on 10% up on FANG companies
- I like to bet on WDC stock go up over 10%
- I like to bet on Intel stock go up 10%
- Invest on Canadian oil stock and invest short term or long term over $50,000 Canadian dollars
- Learn more about business, spend 10 hours to learn what to purchase and sell stocks
- Take more small positions, do not bet on big purchase too often
- Stay on more planning, research and take investment seriously.
- VTSMX - vanguard total market fund, July 31, 2020 80.10, August 29, 2020, 86.43
- I did not beat VTSMX on August 2020.
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