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Post by SolarGarlic 🧀 on Mar 10, 2021 10:07:32 GMT -7
Start with small stuff. There’s a lot of biotech companies that are like $1.50 a share.
You don’t have to jump right into Tesla
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Post by chronicircle on Mar 10, 2021 10:11:14 GMT -7
judging by the Elon thread the other day, i don't think anyone will be buying any Tesla stock anytime soon.
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Post by SolarGarlic 🧀 on Mar 10, 2021 10:12:39 GMT -7
Ok, you don’t have to start with Amazon
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Post by bear on Mar 10, 2021 10:13:26 GMT -7
I'm going to buy an actual Tesla my friend. And I have no problem owning stock in an electric car company. Frankly, it seems like a smart move.
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Post by bear on Mar 10, 2021 10:14:45 GMT -7
Elon should just go public as himself. Musk Inc., manufacturer of memes and haters.
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Post by hokiejoe on Mar 10, 2021 10:23:31 GMT -7
I don't have to like Elon Musk to make money off his company.
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Post by goodtimes on Mar 10, 2021 11:01:20 GMT -7
Its just about percentages with gains and losses.
Just cause a company is 1.50 doesn't mean it's a good buy. Most stocks that cheap are highly variable.
What's the difference in 100 shares of that or 1 share of apple for 150? Nothing.
Also you can buy fractions of a share.
ETF are the best way to not go all in on 1 company. There are some pretty safe ones like SCHG or QQQ. just look at the portfolios.
ARKK is more risk and reward. ARKF they try to keep around $50.
When a stock gets too expensive they just split it. Apple and tesla both did .25 splits last year to bring the price down
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Post by SolarGarlic 🧀 on Mar 10, 2021 11:17:27 GMT -7
This is true. I’m not sure how much money someone is starting with and what they want to do. Sometimes even buying a 25 or 50 dollar stock is daunting when you’re new.
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Post by goodtimes on Mar 10, 2021 11:29:54 GMT -7
50 bucks?
I smoke that much in about a week.
I get it, but what's you goal? To make 5 bucks?
I understand trying to get rich quick but even if you double that you still only have 100 bucks. And doubling is pretty unheard of in under 3 years.
My goal has always been 10% gain per year. Anything more than is real good and if your in the red after a year you probably made some bad picks or sold when you were down.
Honestly I haven't been very good at it I've been trying for like 3 years but in the end I never lost any money. I should have made more but what can you do
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Post by dbg465285 on Mar 10, 2021 13:03:45 GMT -7
So by next year you'll be smoking $55 per week?
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Post by bear on Mar 10, 2021 13:05:28 GMT -7
I bought Roblox. They went public today. Also got some Lowes
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Post by senatooorofspace on Mar 10, 2021 14:01:06 GMT -7
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Post by waldowally on Mar 10, 2021 16:21:58 GMT -7
im in on the roblox. hopefully it picks up a bit, their open price was too high imo but whatever
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Post by DisinformationGovernanceBoard on Mar 10, 2021 17:56:27 GMT -7
I need to get in on this thing.. especially since I'm about to be 46 and have no 401k at this point in life. Perhaps I should read this thread... Not even sure where to begin... I guess I join etrade or ameritrade or something?
I was just planning on trying use a savings account and just start aggressively saving. Adulting sucks.
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Post by bear on Mar 12, 2021 7:23:55 GMT -7
Coinbase will be a direct listing not IPO. This means that they will not be creating new shares, so it is limited to existing shares therefore not diluting its equity and avoiding IPO requirements and expenses. Shares are being traded already on the Nasdaq private market at the $350-$375 range, but it is still not public yet.
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Post by bear on Mar 12, 2021 7:28:15 GMT -7
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Post by bear on Mar 16, 2021 4:28:43 GMT -7
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Post by waldowally on Mar 16, 2021 13:17:25 GMT -7
if you have access to trade otc markets look at aabb. gold backed crypto w wallet and exchange coming.
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Post by bear on Mar 17, 2021 9:18:57 GMT -7
Hot stocks under $5 with lots of growth potential and minimal risk Drive Shack (DS) -- golf crap OrganiGram Holdings (OGI) -- weed stonks VOC Energy Trust (VOC) -- NOPE i dont buy oil LiveXLive Media (LIVX) -- tech Nokia Corp. (NOK) Limelight Networks (LLNW) -- tech BioDelivery Sciences International (BDSI) -- SCIENCE Allied Esports Entertainment (AESE) -- online gaming Kintara Therapuetics (KTRA) Catalyst Pharma (CPRX) Falcon Minerals (FLMN) -- NOPE not really into mining either unless it's digging up some Buttcoin Document Security Systems (DSS) CymaBay Therapeutics (CBAY) Kadmon Bio Pharma (KDMN) Lineage Cell Therapuetics (LCTX) Americas Silver Corp (USAS) -- NOPE again from the bear market NexGen Energy (NXE) -- NOPE'd MannKind Bio Pharma (MNKD) Aptose Bioscience (APTO) Fortress Biotech (FBIO) Cidara Therapeutics (CDTX) Exicure clinical stage biotech (XCUR) Entasis Therapeutics clinical stage biotech (ETTX) Otonomy biopharma (OTIC) Motus GI medical tech (MOTS) CohBar mitochondria therapy is the powerhouse of investment (CWBR) 9 Meters Biopharma clinical stage biotech (NMTR) Geron late-stage clinical bioppharma (GERN) Agile Therapeutics (AGRX) -- women's healthcare = bear's market pick Daré Bioscience clinical stage biopharma (DARE) DURECT biopharma (DRRX) Waitr Holdings Inc. food deliver (WTRH) Opko Health pharma and medical tests (OPK) Tellurian Inc. natural gas outta Houston (TELL) -- NOPE for this stonk traitor Aptinyx Inc. neuro pharma (APTX) Midatech Pharma PLC British drug delivery in the body tech (MTP) www.thestockdork.com/best-stocks-under-5/money.usnews.com/investing/stock-market-news/slideshows/best-cheap-stocks-to-buy-nowwww.benzinga.com/money/top-stocks-under-5/www.marketbeat.com/market-data/low-priced-stocks/stocks-under-5/ |
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Post by goodtimes on Mar 17, 2021 9:49:59 GMT -7
I just did my taxed and had to pay several hundred dollars in taxes from 2020 profits.
I kind of forgot about that but more importantly you can claim up to $3000 in losses and get your money back!
That's total net over the year.
So if you really suck at this or go all in on some shit stock that fails, you can get your money back. And you can lose up to 9000 and get all of it back 3000 per year for 3 years.
It seems crazy but it really is hard to lose when even if you do, you get paid back!
All in on black let's roll
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