He's a buy and hold investor

Bidwell
Bidwell

he's a buy and hold investor

Poker_Star
Poker_Star

@Bidwell
It's okay man its not cut out for everybody.

Gigastrength
Gigastrength

And then he said "Index funds"

Deadlyinx
Deadlyinx

things broke college kids say

SniperWish
SniperWish

He's a stockpicker who thinks he will beat the market longterm

RavySnake
RavySnake

(munches popcorn)

DeathDog
DeathDog

@Bidwell
He said he was American
And then he said he didn't have any debt

Evil_kitten
Evil_kitten

he said his pain is constant and sharp and he wishes for a better life for no one

Playboyize
Playboyize

@Bidwell

what type of money are you working with when you hold a stock for no longer than a month?
I've heard of people buying and selling in and out of a stock within a month to make profit but it seems nearly impossible to get any good profit even when having 5k to work with especially because in my country it's $14.95 per trade so that takes a big chunk out of profits, even if you where lucky to make 5 percent they would take a big chunk from the brokerage fee... am I doing or investing in something wrong? like if I only have 1-5 thousand to work with should I be investing in stocks that are worth no more than 20 dollars? if that?

WebTool
WebTool

He uses USD to buy digital currency off the internet

DeathDog
DeathDog

@Bidwell
he doesn't buy and hold preferred shares for dat dividen payment and steady equity

Stupidasole
Stupidasole

@Playboyize

You should not be investing in stocks with such little money

Use it to increase your earning power, maybe pay for school or a certificate

Come back when you have steady income and enough cash set aside to pay for your living expenses for 6 months

MPmaster
MPmaster

@Playboyize
it seems nearly impossible to get any good profit
It's because you have such little capital. Using a lot more or leveraging (or both) would net profits that make the $29.90 commission meaningless.

AwesomeTucker
AwesomeTucker

@Playboyize
Get 10k capital at least. I've made $450 in a week after buying in at a 52 week low. Easy stuff

StonedTime
StonedTime

@Bidwell
@Gigastrength
So how much money have you made gambling?

King_Martha
King_Martha

@AwesomeTucker

good shit, did you make 450 using 10k? you invest in australian stocks? and how did you figure it would bounce back up? just cause it was the lowest it's been in a year and sort of took a risk?

askme
askme

@Bidwell
WHY ARE THERE NO BOOKS ON SPECULATING

EVERYTHING IS GEARED TOWARDS INVESTORS

FUCK

lostmypassword
lostmypassword

@StonedTime

123% return since May.

Thank you GEVO and MGT

TalkBomber
TalkBomber

@askme
plenty of literature on that

speculation is mostly garbage though and it's very much "if you have to ask, you'll never know" phenomenon. takes a lot of practice and you should anticipate losing money.

strangely I never hear about options trading on Veeky Forums. I usually enter speculative positions with puts and cover them with calls and I've done ok.

RavySnake
RavySnake

@lostmypassword
how you know MGT was going to go up to 3 dollars a share in may?

StonedTime
StonedTime

@RavySnake

I didn't. Some user posted about it when it was below $1/share

Also it actually peaked above $5.

AwesomeTucker
AwesomeTucker

@StonedTime
dayum my friend, so you just trusted some random that it would go up? or did he supply some good convincing information on the company lmfao? pretty huge increase how much did you invest?

JunkTop
JunkTop

@AwesomeTucker

I'm sensing some sour grapes here. Hows your 7% yearly return from your index funds treating you, pal?

StrangeWizard
StrangeWizard

@JunkTop
waht da fuck I'm being honest (just a dumbass) new to this shit, I just don't know how people assume something is going to go up in price before it actually does? like does the company do something big and makes everyone want to buy into their company?

Raving_Cute
Raving_Cute

@StrangeWizard

I never refuted the claim that it was gambling.

Some user tipped the board off that McAfee was buying the company. A bunch of news hit in the following days and the stock price went through the roof.

MPmaster
MPmaster

@Raving_Cute

that's insane, what about GEVO? is there a forum people talk about this stuff.. it's hard to trust people on Veeky Forums talking about memecoins and just using it to promote shitty stocks trying to pump and dump

Gigastrength
Gigastrength

he automatically sold his share because strangers reckoned the value of the business changed 10 per cent since last close

Techpill
Techpill

@JunkTop
I'm sensing some sour grapes here.
Jesus, I haven't seen someone so defensive in a long time. Dude was just asking you a question.

Nice job giving away that you're a lying faggot.

MPmaster
MPmaster

he didn't buy Bitcoin at the bottom and didn't hold
kek

viagrandad
viagrandad

@MPmaster
If we had listened to you last week we would have lost a SHIT TON of money. I am sorry if your credibility is a little bit shot right now.

ZeroReborn
ZeroReborn

@DeathDog
Dividend payment 5% from price once in a year
Hot trend stock makes every 2-3weeks 7-12%

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