If you are new…read THIS first.

I am adding 5 more stocks to the list. They are the ones inside the red box below. To speed things up I will make the target for these stocks just a $1 profit. For now, just play on paper. So SGIOY is now $11.37….this is to be sold when it hits $12.37 and ELAN ($11.80 right now) is to be sold when it hits $12.80, and so forth. I set up alerts for these prices. I will put up a post when the stock hits the target price. It is perfectly fine for you to just WATCH these stocks for now.

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GOAL: Buy ONE Stock

For most of you this is completely new and different. So what I suggest is that you first follow THESE instructions and give yourself a very simple goal: buy ONE stock. You can find some suggestions HERE and HERE. You will learn more by doing this one thing than by reading a bunch of articles or watching videos. We learn by doing.

If you can afford it, buy one share of NVIDIA ($439; should hit $1,000 within a year), or TESLA ($265: should hit $1,000 within one to two years) or AMAZON ($139; should hit $1,000 by 2025).

Believe me; 5 years from now you will be glad you followed my advice. This will prove to be more profitable than playing Pick 3.

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Two Types of Stocks

I think there are two types of stocks you should buy.

1-LONG TERM STOCKS (Passive): These are stocks that you buy now and then you forget about them. You leave these stocks alone. For example, I have some NVIDIA, Tesla, and Amazon stocks. These are long term investments. I don’t do anything with these stocks (except watch them grow). These are basically Buy and Hold stocks.

2-SHORT TERM STOCKS (Active): These are the stocks I have in the box above. These are stocks that I can “play” with and see if I can get a quick profit in the short term. If you play Pick 3, you will find it EASY to make money with stocks because you already have the MINDSET for this (at least that is my personal experience.) You will most likely lose money in the beginning because there is a learning curve involved. But once you get over the initial learning stage you will find yourself MAKING MONEY – and it will be way EASIER than it was when you played Pick 3. And that is because stocks are way more STABLE and SOLID than Pick 3 (there is nothing stable in the Pick 3 game; randomness rules the game). Therefore, making money with stocks is EASIER than with Pick 3 (but give yourself some time to learn the basics).