Quote Originally Posted by chloevankatie View Post
I did study Warren Buffett's investment strategy with long term investing. The valuation of stocks is the part I had trouble with. I did some practice on paper, and half the stocks I picked did well and the other half didn't. So at 50/50 I might as well be flipping a coin, lol. I feel like I need to work on understanding valuation.
Yes. U r correct. U might just flip the coin to get the 50/50 chance. You can get a high chance by go with index or good MF. Meanwhile use DCA in this period. Never think of buying some stock today and sell in a short period to make a fortune. It will be like buying a house and sell it the following year, most of the time will lose money.