Current Events > Stock Market General #21

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C6Driver
02/14/21 11:34:15 AM
#252:


Admiral_Zero posted...
High price aside, are Tesla and Apple the most safe stocks?
I have like 10 shares of T-Mobile.
Also have NUE ( my employer) both of these don't fluctuate a lot at once for the most part , and not very volatile like some stocks.
Btw, I have had NUE stock since 2005, so it's a steady , reliable stock , that also pays out dividends .

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krazychao5
02/14/21 11:37:12 AM
#253:


lww99 posted...
help me change my life lol. Im so sick of living paycheck to paycheck. Sick of having to check my account before small purchases
man, hate to break it, but if you are paycheck to paycheck, investing is going to make that budget even tighter. investment gains take time. i'd especially be wary of the riskier investments because each dollar lost to you will hurt even more. YOu should focus on ETFs and blue chippers and build balances up over time. But to do that, you need to put money in consistently, which will eat up your available spendable money.

Do you have a retirement plan at work? Putting in 401k and match? Are you putting money in an IRA or Roth? Those should be your goals to build those balances up. Don't make penny stock gambles or you will lose sleep and focus watching the ticker.

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BobanMarjanovic
02/14/21 11:38:07 AM
#254:


Can't decide whether to drop 1k in XRP or Stellar

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CE_gonna_CE
02/14/21 11:41:28 AM
#255:


BignutzisBack posted...
I would say Microsoft, amazon, and Walmart would be the safest
Apple, Amazon, and Microsoft would probably be my top 3 surefire long term bets with relative safety.

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lww99
02/14/21 11:47:00 AM
#256:


CE_gonna_CE posted...
Apple, Amazon, and Microsoft would probably be my top 3 surefire long term bets with relative safety.

do you guys think this union talk, or bezos stepping down, will have any effect for Amazon?

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lww99
02/14/21 11:58:56 AM
#257:


krazychao5 posted...
man, hate to break it, but if you are paycheck to paycheck, investing is going to make that budget even tighter. investment gains take time. i'd especially be wary of the riskier investments because each dollar lost to you will hurt even more. YOu should focus on ETFs and blue chippers and build balances up over time. But to do that, you need to put money in consistently, which will eat up your available spendable money.

Do you have a retirement plan at work? Putting in 401k and match? Are you putting money in an IRA or Roth? Those should be your goals to build those balances up. Don't make penny stock gambles or you will lose sleep and focus watching the ticker.

I hear what you're saying... I just feel stuck. I've been at the same job for 7 years, they don't have a retirement plan unfortunately. I used to get consistent OT before covid, but I just barely stay afloat working only 40 hours.($15/hr)

I can't even afford to go back to school.

Between my tax return, birthday money, stimulus, etc, I should have at least $2500 coming in. First things first, pay off my credit card. That'll at least loosen up the monthly struggle. I only planned on putting a couple hundred on some sub penny stocks, not throwing the entire amount at it.

If one of those ends up taking off even a little bit, I could improve my situation drastically.

I'll look into the options you mentioned, but idk if I can wait years to see gains.

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NinjaWarrior455
02/14/21 12:03:08 PM
#258:


lww99 posted...
do you guys think this union talk, or bezos stepping down, will have any effect for Amazon?
Not enough to cause any significant gains or losses. Amazon will continue growing and at this point it doesn't look like anything could tank the stock.

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CE_gonna_CE
02/14/21 1:03:44 PM
#259:


NinjaWarrior455 posted...
Not enough to cause any significant gains or losses. Amazon will continue growing and at this point it doesn't look like anything could tank the stock.
Exactly. Bezos is sticking around as Exec Chairman and at this point Amazon is a well oiled machine that can easily continue to operate successfully without him. I see no signs of Amazon slowing down or another major competitor overthrowing it for quite some time.

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The Trent
02/14/21 1:20:46 PM
#260:


BobanMarjanovic posted...
Can't decide whether to drop 1k in XRP or Stellar

I threw 500 bucks at stellar and 500 at the graph

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Dat_Cracka_Jax
02/14/21 1:38:52 PM
#261:


The Trent posted...
I threw 500 bucks at stellar and 500 at the graph
This. Don't buy xrp

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BignutzisBack
02/14/21 1:39:46 PM
#262:


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#263
Post #263 was unavailable or deleted.
Tactical_Spork
02/14/21 2:03:53 PM
#264:


Havent checked in all weekend, anything interesting going on?

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littlebro07
02/14/21 3:05:16 PM
#265:


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#266
Post #266 was unavailable or deleted.
lww99
02/14/21 3:10:47 PM
#267:


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AzurexNightmare
02/14/21 3:11:22 PM
#268:


Gamefaqs Stocks Wussies

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NinjaWarrior455
02/14/21 3:30:40 PM
#269:


What do you guys recommend for Crypto trading? I have Kraken but not sure if there's a better wallet to use.

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samurai bandit
02/14/21 4:11:05 PM
#270:


It depends. I have used used binance, coinbase pro, bittrex and i I liked them in that order. Might be useful:

How do I choose an exchange?
Each exchange is different, things to look for are:
  1. Can you buy or sell FIAT? FIAT is any real world currency like USD, MXN, CAD, etc.. The only way to get crypto without someone sending it directly to you is to use an exchange that will take your real-money and exchange it for a crypto.
  2. What are the fees? There are trading fees, deposit fees and/or withdrawal fees. Each exchange has a different rate so you should be careful on this. A typically good rate is around 0.5%-1% for each trade. Some exchanges offer different tiers of fees depending on the amount of crypto you trade or hold per month.
  3. Which coins do you want to buy? Each exchange supports a different variety of coins. For example Coinbase only supports the most popular coins while Binance has more than 50 coins! Bitcoin or Etherium are supported pretty much anywhere.
  4. Make sure the exchange is reputable, you don't want to be scammed by a random small exchange. Consider that they will be holding your money and could easily run away with it.
  5. Depending on the exchange, ask your friend before signing up as some offer referral bonus which you could take advantage of.


https://gamefaqs.gamespot.com/boards/1285-bitcoin-and-cryptocurrency/79289277

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RedJackson
02/14/21 4:22:36 PM
#271:


Did anyone else get this?



>_>

this is all while my entire portfolio is moving to TD, hopefully they dont fuck up and say aww naw you cant use it since youre transferring

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Isaac1987
02/14/21 5:06:13 PM
#272:


Brand new to investing.
I put $250 into GOOGL.
Later I found out about SPY.
Should I just use SPY or is there a reason to have both? Or neither?
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Makeveli_lives
02/14/21 5:23:15 PM
#273:


Isaac1987 posted...
Brand new to investing.
I put $250 into GOOGL.
Later I found out about SPY.
Should I just use SPY or is there a reason to have both? Or neither?
Diversify your portfolio is rule 1 in investing

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Ps2Twilight
02/14/21 6:10:48 PM
#274:


littlebro07 posted...
https://twitter.com/drgauravchandra/status/1361006189249757187?s=21

updates and new developments
ENZC gonna be launching again

Nice. Hopefully it actually launches though. Remember when they moved and the price stayed the same.

Fingers crossed!

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CE_gonna_CE
02/14/21 6:20:28 PM
#275:


Makeveli_lives posted...
Diversify your portfolio is rule 1 in investing
Yep. I mean, theres a bunch of options, but if you like Google and want to also have general market exposure, split your cash 50/50 between those 2. Always better to diversify than put all your eggs in one basket, from a risk-balancing standpoint.

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BignutzisBack
02/14/21 9:01:58 PM
#276:


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#277
Post #277 was unavailable or deleted.
lww99
02/14/21 9:23:30 PM
#278:


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NeonOctopus
02/14/21 9:33:30 PM
#279:


Maybe I'm cynical, but I feel like if someone is saying big money is to come, it's not coming >_>

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lilORANG
02/14/21 9:35:34 PM
#280:


NeonOctopus posted...
Maybe I'm cynical, but I feel like if someone is saying big money is to come, it's not coming >_>

Especially if Lavar Ball is involved lol. Dude made a career on exaggeration and hype.
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BignutzisBack
02/14/21 9:40:52 PM
#281:


Oh I see how it is, you guys think that wasn't a big enough announcement? How about this then, ANOTHER BOMBSHELL ENDORSEMENT

https://twitter.com/TraderQ7/status/1360513506815180800?s=19

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lww99
02/14/21 9:41:59 PM
#282:


lww99 posted...
Does that mean its gonna jump before Tuesday?

cmon I wanna drop $20 for 5000 shares

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lww99
02/14/21 9:45:45 PM
#283:


Im legit gonna fume if this takes off before I can get money in. Hurry up schwab

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BignutzisBack
02/14/21 9:46:46 PM
#284:


lww99 posted...
Im legit gonna fume if this takes off before I can get money in. Hurry up schwab

What stock are you talking about

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lww99
02/14/21 9:48:24 PM
#285:


Hcmc, the one being talked about. Isnt that what some posters here made money with?

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BignutzisBack
02/14/21 9:50:55 PM
#286:


Yeah but who know what the hell is about to happen with weird shit like Steve Urkel and Lavar Ball vouching for it. Feels like it's now more likely to explode or tank rather than hang where it's at

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lww99
02/14/21 9:52:37 PM
#287:


Its $20, not my life savings. Ill probably throw some the same at innd, celz, and a couple others

thats technically a figure of speech, bc I dont have a life savings Lmfao

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Lebronwon
02/14/21 9:55:14 PM
#288:


BignutzisBack posted...
Oh I see how it is, you guys think that wasn't a big enough announcement? How about this then, ANOTHER BOMBSHELL ENDORSEMENT

https://twitter.com/TraderQ7/status/1360513506815180800?s=19

Reminds me of the pump and dump that happened with ZOM with the Carole Baskin Cameo video.

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lww99
02/14/21 9:56:24 PM
#289:


Looks like hcmc has its own subreddit, similar to sndl lol

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lww99
02/14/21 9:58:44 PM
#290:


crypto down pretty hard. Ethereum down like $200

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BignutzisBack
02/14/21 10:02:17 PM
#291:


TC you should be happy the market is closed tomorrow, that will give your brokerage another business day to confirm your transfer

Lebronwon posted...
Reminds me of the pump and dump that happened with ZOM with the Carole Baskin Cameo video.

Hmm, would be lame but still potentially good as we would likely be in early enough with still another 10 days to go to find out the patent trial results. I'm guessing the dumping would begin not long after

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lww99
02/14/21 10:08:18 PM
#292:


I wasnt sure if Monday would count as a normal business day, since its a holiday.

they actually have a local branch, but its closed due to Covid

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Lebronwon
02/14/21 10:09:40 PM
#293:


BignutzisBack posted...
TC you should be happy the market is closed tomorrow, that will give your brokerage another business day to confirm your transfer

Hmm, would be lame but still potentially good as we would likely be in early enough with still another 10 days to go to find out the patent trial results. I'm guessing the dumping would begin not long after

I've seen situations where people dump early. Like with earnings reports or conferences. I'd imagine the AMC/GME and then the weed bubble popping has led to people getting out earlier to avoid being bag holders.

I will be watching from the sidelines. Hopefully it works out for those with that stock.

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Lebronwon
02/14/21 10:18:49 PM
#294:


lww99 posted...
Its $20, not my life savings. Ill probably throw some the same at innd, celz, and a couple others

thats technically a figure of speech, bc I dont have a life savings Lmfao

You going all in with penny stocks?

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lww99
02/14/21 10:25:44 PM
#295:


Idk. Ill still put some money on the bigger guaranteed ones. Tesla, Amazon, etc.

but yeah Im planning on dipping into a few.

ps anyone use e trade? Heard that their wire transfer is basically instant.

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lww99
02/14/21 10:31:02 PM
#296:


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Sayoria
02/14/21 11:02:32 PM
#297:


lww99 posted...
Looks like hcmc has its own subreddit, similar to sndl lol

I hope so. I got 5k shares on it. If it even reaches a few cents, I'll make some good money.

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O_Town_Rulez
02/14/21 11:09:53 PM
#298:


Why did Dogecoin drop man? I'm actually losing money now.

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lww99
02/14/21 11:15:53 PM
#299:


O_Town_Rulez posted...
Why did Dogecoin drop man? I'm actually losing money now.

could be the whole infinite amount thing

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3PiesAndAFork
02/14/21 11:22:52 PM
#300:


O_Town_Rulez posted...
Why did Dogecoin drop man? I'm actually losing money now.
The hype's wearing off. Which is not a good thing for something for which their entire value is based off of.

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samurai bandit
02/14/21 11:27:39 PM
#301:


Doge is and will be a meme coin. Dont invest in that unless you want to gamble.

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