Author Topic: Investing?  (Read 38281 times)

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TheLurper

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Re: Investing?
« Reply #60 on: January 27, 2021, 11:06:23 AM »
Ive been using TD Ameritrade. Not great but it gets the job done.

It does have a few good videos about trading. I learned a few things about forex trading and it is explains options clearly.

I'm learning not to listen to advice from self proclaimed "experts" that work for financial publications when it comes to recommendations. Following their advice has been just as good as me guessing.

But overall I'm pretty "conservative" with my money (Marx would frame me as a miser, which makes me bad at capitalism). I have most of my money in straight savings, then a standard 401K, then a supplemental 401k like account (I manage this myself and it is primarily ultra low risk, bonds, and 15% bet on the big corps), and then I have this TD account to lose money on and remind myself I'm pretty god damn dumb and irrational.


Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

Donkey Lips

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Re: Investing?
« Reply #61 on: January 27, 2021, 12:34:51 PM »
AMC and Gamestop stocks are on fire lately. Gamestop is up 1000% in a few days. Heavily shorted stocks and very risky.

If you got in on the GME was last week when it was 35 then it's time to get out now while it 10x'ed. I honestly didn't believe it would even get over 200. Ever. But here we are. Reddit was certainly able to make some big fucking waves and I'm glad it's scaring hedge funds.

RCB3

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Re: Investing?
« Reply #62 on: January 27, 2021, 01:50:09 PM »
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.


Irvine-Sucks.com

ice nine

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Re: Investing?
« Reply #63 on: January 27, 2021, 01:59:21 PM »
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
I;m sure i;m not the only dc/monster/subaru type guy here

straight

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Re: Investing?
« Reply #64 on: January 27, 2021, 02:15:42 PM »
asking again what trading app are you guys using ? i don’t want to miss out on this again
What kind of mikey taylor logic is this?

RCB3

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Re: Investing?
« Reply #65 on: January 27, 2021, 02:17:48 PM »
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.


Irvine-Sucks.com

straight

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Re: Investing?
« Reply #66 on: January 27, 2021, 02:18:45 PM »
Expand Quote
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license
What kind of mikey taylor logic is this?

RCB3

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Re: Investing?
« Reply #67 on: January 27, 2021, 02:22:13 PM »
Expand Quote
Expand Quote
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.
[close]

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license

Yea I have a SSN, so not sure the workaround there.


Irvine-Sucks.com

FirstBlood82

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Re: Investing?
« Reply #68 on: January 27, 2021, 02:38:13 PM »
2 days in and im up 300% on GameStop, bring in the money :)

going to the moon  :-*

Jean-Ralphio Zaperstein

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Re: Investing?
« Reply #69 on: January 27, 2021, 02:43:58 PM »
2 days in and im up 300% on GameStop, bring in the money :)

going to the moon  :-*
heard they intend to bring it up to 1000$, I wonder if they can pull that off

FirstBlood82

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Re: Investing?
« Reply #70 on: January 27, 2021, 02:46:28 PM »
Expand Quote
2 days in and im up 300% on GameStop, bring in the money :)

going to the moon  :-*
[close]
heard they intend to bring it up to 1000$, I wonder if they can pull that off

would not surprise me, dont know when i will cash out. will wait to friday and see, maybe monday...

TheLurper

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Re: Investing?
« Reply #71 on: January 27, 2021, 03:15:13 PM »
Expand Quote
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Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.
[close]

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license

Yea, I imagine the apps want the SSN for the IRS and other legal issues.

I'm sure how to get around. If you can't get a SSN (and live in the States) can you get a tax identification number?

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

Carrolls Chesthairs

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Re: Investing?
« Reply #72 on: January 27, 2021, 03:20:02 PM »
This wallstreetbets discord just broke I think
Lots of AMC and GME talk.

I just cashed out my GME and may try to ride the AMC wave

skate_bored

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Re: Investing?
« Reply #73 on: January 27, 2021, 03:51:28 PM »
This wallstreetbets discord just broke I think
Lots of AMC and GME talk.

I just cashed out my GME and may try to ride the AMC wave

yep looks like the reddit thread is down now too. im very impressed by how powerful the internet just became - a bunch of people with $50 and a Robinhood account are taking down huge companies.

GME is interesting - people seem pretty confident that the short squeeze will drive this thing into the thousands but i don't know enough to be sure. well worth a couple hundred bucks of risk though - I've lost that in many less exciting ways. AMC, GME, NOK. fuggit.

straight

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Re: Investing?
« Reply #74 on: January 27, 2021, 05:14:38 PM »
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.
[close]

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license
[close]

Yea, I imagine the apps want the SSN for the IRS and other legal issues.

I'm sure how to get around. If you can't get a SSN (and live in the States) can you get a tax identification number?

not fast enough to put my life savings in blackberry tomorrow
What kind of mikey taylor logic is this?

FirstBlood82

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Re: Investing?
« Reply #75 on: January 27, 2021, 05:16:24 PM »
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.
[close]

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license
[close]

Yea, I imagine the apps want the SSN for the IRS and other legal issues.

I'm sure how to get around. If you can't get a SSN (and live in the States) can you get a tax identification number?
[close]

not fast enough to put my life savings in blackberry tomorrow

my blackberry stock has moved up 47% since monday, hope for moooooore

Cthulhu!

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Re: Investing?
« Reply #76 on: January 27, 2021, 06:37:59 PM »

TheLurper

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Re: Investing?
« Reply #77 on: January 27, 2021, 08:17:41 PM »
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.
[close]

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license
[close]

Yea, I imagine the apps want the SSN for the IRS and other legal issues.

I'm sure how to get around. If you can't get a SSN (and live in the States) can you get a tax identification number?
[close]

not fast enough to put my life savings in blackberry tomorrow
[close]

my blackberry stock has moved up 47% since monday, hope for moooooore

That after hours dip was pretty gnarly for BB, but I'm hoping we keep moving along here.

I'm hoping the irrationality of the average person shoots GME, AMC, and BB up even more. One of the kids I work with has made some money on AMC.

I still don't see how GME has a value over 25 cents since don't most people just download games now anyway? What the hell are they going to sell? How many people are like me and never upgraded systems after the PS2 and have to go to Goodwill to get new games? I feel it is like betting on GME is like betting on Blockbuster in the age of Netflix.

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

piss joslin

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Re: Investing?
« Reply #78 on: January 27, 2021, 08:22:16 PM »
straight, there's robinhood, sofi and webull. likely there's more sites. BTC keeps going down i might go in heavy. didn't run the gamestop but caught their next 'to the moon' stock. and skipped NOK although i might be foolish.

FirstBlood82

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Re: Investing?
« Reply #79 on: January 27, 2021, 08:45:31 PM »
Expand Quote
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Expand Quote
Expand Quote
Expand Quote
Put money on AMC this morning at $13.44 and it closed at around $19 today. Put a stop loss on it like a bitch so I can't lose any money, but hoping to see it keep climbing.
[close]
probably won’t happen but it could open at lower than your stop loss, has happened to me before.
[close]

Very true. That's alright if it does. Didn't put too much on it. Just wanted to potentially run it up.

And straight, I just used Robinhood. I signed up the night before and although it takes about 5 days for bank funds to go through, they gave me an immediate amount I was able to buy with, so I just used that.
[close]

how though? do you have a ssn card? it’s asking me for that and all i have is a drivers license
[close]

Yea, I imagine the apps want the SSN for the IRS and other legal issues.

I'm sure how to get around. If you can't get a SSN (and live in the States) can you get a tax identification number?
[close]

not fast enough to put my life savings in blackberry tomorrow
[close]

my blackberry stock has moved up 47% since monday, hope for moooooore
[close]

That after hours dip was pretty gnarly for BB, but I'm hoping we keep moving along here.

I'm hoping the irrationality of the average person shoots GME, AMC, and BB up even more. One of the kids I work with has made some money on AMC.

I still don't see how GME has a value over 25 cents since don't most people just download games now anyway? What the hell are they going to sell? How many people are like me and never upgraded systems after the PS2 and have to go to Goodwill to get new games? I feel it is like betting on GME is like betting on Blockbuster in the age of Netflix.

im in on BB for the long run and GME for the short run.

watch
https://www.youtube.com/watch?t=39&v=rLqH4K5u22k&

they explain why GME stock are $$$$$ (for the moment)

bumptobar

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Re: Investing?
« Reply #80 on: January 27, 2021, 08:48:34 PM »
Wallstreetbets is hilarious. The Gamestop madness has been extremely entertaining.  It helps that im up big time in my position.  I get a kick out of this shit. Id never describe myself as a gambling man but its essentially an online worldwide casino.  The pandemic has been an incredible opportunity to earn money on stocks I wish I knew more sooner.


Whoever needs a reference for a trading app, I use Webull and its fantastic.

Use my referral link, deposit a 100 bucks and get 2 free stocks: https://act.webull.com/pr/xoNxwYZ3eplz/tun/inviteUs/

lazer69

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Re: Investing?
« Reply #81 on: January 27, 2021, 08:51:38 PM »
My portfolio was up 7% in the morning for the day and now it showing down 4%.. such a swing.

Overall im up 54% since I started in July.

Im on robinhood. In my opinion its best to be passive. Dont get emotional. Within my few months I was down, and checking in everyday multiple times, then I chilled just let the money sit and things turned. Im  in for the long haul.

Heres my Robinhood link: https://join.robinhood.com/eleazap39 , when you sign up youll get a free stock.
« Last Edit: January 27, 2021, 09:10:52 PM by lazer69 »

piss joslin

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Re: Investing?
« Reply #82 on: January 27, 2021, 09:10:45 PM »
My portfolio was up 7% in the morning for the day and now it showing down 4%.. such a swing.

Overall im up 54% since I started in July
do you ever take spending $ out? i'd like to have long term but also have others that i eat off of.

lazer69

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Re: Investing?
« Reply #83 on: January 27, 2021, 09:14:35 PM »
Expand Quote
My portfolio was up 7% in the morning for the day and now it showing down 4%.. such a swing.

Overall im up 54% since I started in July
[close]
do you ever take spending $ out? i'd like to have long term but also have others that i eat off of.

What do you mean?

All the money I have isnt in there.

The money I spend with is in my savings in my bank account. The money I have in stocks I keep in there, not taking it out for living expenses.. Its tax advantageous to not sell in less than a year due to short term capitol gains tax.

(Heres my Robinhood link: https://join.robinhood.com/eleazap39 , if you decide to sign up youll get a free stock.)

piss joslin

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Re: Investing?
« Reply #84 on: January 27, 2021, 10:10:39 PM »
Expand Quote
Expand Quote
My portfolio was up 7% in the morning for the day and now it showing down 4%.. such a swing.

Overall im up 54% since I started in July
[close]
do you ever take spending $ out? i'd like to have long term but also have others that i eat off of.
[close]

What do you mean?

All the money I have isnt in there.

The money I spend with is in my savings in my bank account. The money I have in stocks I keep in there, not taking it out for living expenses.. Its tax advantageous to not sell in less than a year due to short term capitol gains tax.

(Heres my Robinhood link: https://join.robinhood.com/eleazap39 , if you decide to sign up youll get a free stock.)
i already got the free RH stock. here's my sofi, free $50 to play w/. https://www.sofi.com/share/invest/3629967?src=copy

ungzilla

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Re: Investing?
« Reply #85 on: January 28, 2021, 05:17:45 AM »
i'm leveraging up for a hostile takeover of krux truck

stratosphere

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Re: Investing?
« Reply #86 on: January 28, 2021, 07:07:41 AM »
Alexa, play "Arise!" by Amebix  8)

arrbee

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Re: Investing?
« Reply #87 on: January 28, 2021, 07:09:02 AM »
i'm leveraging up for a hostile takeover of krux truck

They would probably be so excited that someone was even acknowledging their existence they would just hand over the keys willingly.

cky enthusiast

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Re: Investing?
« Reply #88 on: January 28, 2021, 07:19:10 AM »
Alexa, play "Arise!" by Amebix  8)

i saw them on that weird reunion tour they did in like 06, it was the worst smelling show in the world

BallDontLie

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Re: Investing?
« Reply #89 on: January 28, 2021, 07:51:21 AM »
My cousin got me into Robinhood and told me about dogecoin... i didn’t think it was serious, but glad i bought some it just went insane
if the mods were wu-tang, dean would be cappadonna