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Message: [QUOTE="Hoophound, post: 2828217, member: 271"] Day trading is brutal. When the next big correction comes, let it bounce around for a few months and make sure we’ve reached a general bottom. At that point, buy an index fund. If you want income in your later years, buy a Vanguard dividend fund and just invest as much as you can on a monthly drip. Even in the last crash, dividend funds made about 5% for investors on average over the 3-4 bad years. If you have an insider giving you tips, buy the few stocks they tell you about and nothing else. Make sure they have major players guiding their opinions. [/QUOTE]