Welcome to Turtle Investing
The stock market is an overwhelming place, especially for beginners. This is why we at Turtle Investing aim to simplify things so you can gain a better understanding for the markets!
We have all heard the story of the tortoise and the hare. The same idea can be applied to investing especially in a fast-moving global market. Many of us have heard about repeated stories of boom and bust traders and the statistics on how 95% of active traders are unprofitable. That does not mean there is no money to be made in the short term. However, we strongly advise beginners to first establish a core investment portfolio before attempting to trade. Here at Turtle investing, we would like to emphasize the power of compounding and the power of gradual exponential growth over get-rich-quick schemes in the market. We want to be a one-stop shop for beginners to begin their journey to financial independence.
We offer free guides for beginners to get started in the stock market from choosing your goals to setting up a brokerage account to picking your first stock. We have divided the introduction section for beginners into two specific sections: one for Canadians and one for Americans *coming soon looking to enter the stock market. We also offer a section of tools we have found useful for those looking to actively trade in the stock market. Additionally, we host a blog section with articles on the investing world.
When we are introduced to the stock market, these two terms are thrown around all the while losing meaning, so we must first ask ourselves, what is investing and what is trading. The key difference between the two is the strategies associated with both. In trading, typically a trader would buy and sell within a short time frame ranging from a year down to even within an intraday trading day. Investors on the other hand tend to buy and hold for longer periods of time for example five to ten plus years. Traders tend to be the individuals who study intraday charts and short-term technical analysis while investors are those who study company fundamentals to decide if a company is worth investing in the long term. However, in the long run, investors tend to net high gains overall than traders do. When one looks up the top hedge fund managers with active trading strategies, most underperform relative to market tracking ETFs such as the SPY and the QQQ indices.
Markets are only open for trading Monday to Friday and closed on Weekends and nationally observed Holidays.
Be advised that the Canadian Market is open from 9:30 am EST to 4:00 pm EST for regular trading and 4:15 pm EST - 5:00 pm EST for extended-hours trading.
US markets are open from 9:30 am EST to 4:00 pm EST for regular trading. Extended hours are as follows: Pre-market Trading begins at 4:00 am EST - 9:30 am EST. After-hours trading begins at 4:00 pm and closes at 8:00 pm EST.
Please be aware that only certain brokers allow for extended-hours trading.
Happy Investing!