I actually believe that the market is rigged. But rigged in such an obvious way that you actually just have to pay attention and follow this guy's advice. The stock market main tracker indexes are designed to go up in currency terms over time. Want more dollars tomorrow, back the tracker, but unless you are prepared to leave it there for a long long time, then you won't see much return on it, until the power of compound gains kicks in.
There are also a lot of get rich quick scams and schemes. Quite a few will succeed but if you are a mug retail investor, you're more likely to get burnt than come out with a jackpot. The short attack on GME was made to get a hedge fund rich and not the average punk with a RobinHood, eToro or Trading212 account. Whilst these are fun - I wouldn't back anymore on these than you are prepared to lose. I am sitting on 15% profit taken on GME, with the original amount put back on during a dip. I made a few extra quid on some of the other meme stocks but am also sitting on a couple of turkeys that I can afford to just leave with a small close position as most of them will come good post-pandemic.
I'd came to the decision that putting a small amount aside every month to go into trackers was the way to go. I won't get rich, but I might make it to pensionable age with a decent amount set aside. Depending on how much I can put in, I may see an early retirement by a few years. Not as many years as I'd like, but I do hope not to be slogging my guts out in my 60s.
Anyway, diamond hands, I'm still holding those GME for a moon shot!
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