This is a great thread. Here are a few things that I learned. And a few things I think you should learn.
This Community is Awesome
Agreed with Phil. It’s the first time I’ve really engaged with other investors. It’s not even about the quality of information, but just engaging fires up the neurons and broadens your scope. I’ve found out about new companies that I hadn’t previously considered even though they fit my outlook. From this thread, I’ve added Okta to my watchlist.
And there is quality here. This post by @engineer Charles Schwab Corporation (SCHW) - Share Chat - #20 by engineer lead me to invest in Schwab. I’m up 30% in just over 2 months.
Don’t wait for Freetrade
Schwab isn’t on Freetrade. The Invest Platform should already be here by now, it’s disappointing it isn’t. There are unactioned stock request threads where the company has produced significant gains since the thread was posted. If you want to buy something, buy it. Don’t wait. Even with the Invest platform, there will still be stuff that you want that is not available here.
Ignore IPOs
This isn’t something that I’ve learned this year. It’s something that I already knew and followed, but ignored and got burned on this year with Slack. With Slack, I already knew about Microsoft Teams and its growth when I invested, and I thought the market did too - I was wrong. I thought a direct listing would give a truer picture of the company’s value. By ignoring IPOs, you might miss some big gains, but it’s clear that the private markets are useless at pricing companies. So I’m staying away again.