Can we finally go back to discussing stocks?

I lost 96% on DRYS

So it could be worse guys

+$500 since 2015

I like to talk about stocks. What's your favorite? Mine is Intel. Doesn't afraid of anything.

how do you feel about this?

crypto.robinhood.com/

...

straight up... I had $15,000 to invest that I wouldn't mind losing. I'm young and have no obligations. Crypto is riskier but has way better returns. I'm all in

Ouch... Since 2015?
You should of been dumping more money in

Isn't that all done by insiders and highly advanced computer algorithms so normal people have no chance?

Can't. SSI restrictions :/

>50% from September 2015

If you're attempting to day trade sure. But if you buy and hold you just go to the moon!

Lmao maybe when crypto has a 25 trillion mcap. Stocks lmao.

seriously this board is bullshit, i never see any threads about stocks and you fags are against it, meanwhile 90% of the threads are about bitcoins which couldn't be enough for you autists. Fuck off and eat shit.

Boomers be like "well done son! you just gotta keep investing in good companies and you will retire by age 65!"

which app is this user

SSI?
Whaaaa? Wow, did not know that...

who lost all their money on seadrill? I know you're out there.

Cashed out 20% of massive crypto gains last month and moved it to EWY (20% Samsung Weight, additional SK Hynix) and TSMC.

Let's just say I'm going to be selling shovels to all these gold miners.

mfw I had better returns from 2015 just from a fucking high dividend etf.

(Investment = companies you believe in, stocks you buy and hold nearly forever)

(Trade = companies you may or may not believe in, but you trade them short term in order to make $ in the short term, never staying in long enough to get clipped)

Investment Account:

T
AEP
DTE
CMCSA
WM
LMT
VFINX

Trading Account:

GE shares
GE Puts
ABX Shares
WM Calls
DIA Puts
LMT Calls
KR Calls
PFE Calls
ROKU Covered Calls

its robinhood. they shill that app on the daily here on biz

I'm holding lots of Exxon
It mooned today.
up 2 bucks.
earnings are tomorrow morning.
maybe they will announce a dividend increase or buyback or have stellar earnings.
Or not.

Robinhood. We used to have /rhg/ before crypto moved in and pushed it off the boards like diarrhea. Back then it was people screaming to invest in their penny stocks.

Definitely been seeing it more lately.
And definitely paid shills, why do you think they are adding BTC to their app?
Going after /biz
That and they making money on your money just sitting in their accounts

slow gains, homey. I'm up about $650 since last year Q4. sry senpai

eh, you act like the other 3% isn't just using jews as a scapegoat as they have been for 1,000 years

look into ETFs in guaranteed sectors. IBB is pricey but has gone up 137% in the last 5 years

Are you actually retarded?

I have a hard time totally believing Robinhood's business model.

They say they can not charge because they get interest on the cash in people's accounts.

But if they are marketing to active investors, there isn't a lot of cash in the account, it's all in stocks.

Unless they're day traders, but (? not sure) wouldn't there be a certain amount of time needed to clear transactions which = they can't earn interest in the money because it isn't freed up yet?

Give it time, they'll start charging commission like everyone else.

Duuurrr

>look into ETFs in guaranteed sectors
Do you know how I know you're a brainlet? Don't give me any advice pleb.

The key to getting wealthy is the same as it's always been, but people don't like it because it's boring and it takes time.

But, if you're under 30, you'll be a millionaire when you hit 70.....

1. Pick stocks that pay steady dividends.

2. Buy them directly from the company, and enroll in the automatic dividend reinvestment plan.

3. Put in a steady amount of money each month. Not so much that it hurts, but the same amount every month.

4. Let it ride.

Between time and compound interest you will wind up with a pile of money at the end of the rainbow.

>can we go back to talking about are 2% mad gainz

All of crypto combined is half the market cap of Microsoft. Fuck your stocks.

Who the fuck wants to be a millionaire at 70? 70 is not a guarantee for everybody.

decent advice, already a millionaire at 35 tho, thx

>tfw still haven't gotten into Options beta on RH

kek if you think this crypto crash is bad just wait til you see what happens to stocks tomorrow

yeah and microsoft actually does something. most of these coins don't do shit and most of the projects they represent don't even need a cryptocurrency or blockchain tech.

Stocks are scams. You don't hold any stake in the company by holding stocks.they are just speculative tools

Sure user! Let's discuss stocks. Here:
>Wow, I sure am happy with the 0.75% return I made on my blue chips last year.
Okay, back to crypto.

it's because you think I don't also invest in boring index funds, or that I buy into biotech on actual working knowledge instead of buzzwords, or whatever. idgaf what some Veeky Forums's opinion is desu

Buy every automobile stock you can find, we are about to enter a new bubble

Voting rights.

>losing 50% in 3 weeks is better than a .75% gain

Lol cancer

And this is the reason why most young people never wind up with money.

Let me put it this way....

There is a better than average chance that you will eventually be 70 years old.

When you reach that age, you will be too old to work.

If you don't have money saved, you're screwed. You'll be dumped in a charity home where the rats gnaw on you and the roof leaks on your head.

If you save money, then you will be able to live without having to eat cat food.

I get it... when you're young, you don't think about old age. But trust me, time passes faster than you think.

GRMX GRMX GRMX GRMX

>still up >1000% YTD

what's your portfolio, 20 grand? and you're dishing out advice like you're a fucking oracle. it's laughable.

>millionaire when you hit 70
yeah, so you can get diagnosed with a terminal disease and give it all to your shitty family? fuck that. I'd rather gamble on shitcoins.

even when this shit dips hard, I'm still way up.

>he doesnt realize immortality, nano tech, and cyber boyz are around the corner

Only some coins.

ETH could lose 50% and I'd still be up almost 5000% anyway.

okay, you really cornered me there, i'm a brainlet and you are better than me in every respect. what's your magic secret, oracle?

>70.
I want to be a trillionaire at 70. Not some poorfag millionaire

>0.75% gain is better than an 8000% gain for last year. But let's focus on the current market dip.

Then I would remind you of two concepts.... the legacy IRA and the step up rule.

Once you reach a certain age, you have to take mandatory minimum withdraws from your IRAs. But it's based on the average age of the account holders.

So the year before you reach that age, you put your youngest child on the account. Now the average age drops and you can let the money continue to grow tax free.

Then, when you die it's their account automatically. And when they get to that age, they add their child.

You can let that shit grow for generations without ever having to pay taxes.

The step up rule.... If you pass on stock to your heirs, their cost basis isn't what your cost basis was when you bought it, it's the price of the stock on the day you die.

So there's an advantage of holding the stocks with the most gains. That way, no one ever has to pay the capital gains tax.

can crypto fucks get their own containment board?

so instead of realizing your gains and putting them into something that will actually generate income, you HODL this speculative asset
smart plan. or maybe its because 5000% gains is just $500 to you

When the crypto market collapse and miners sell their cards, Nvidia stock will drop hard.

yeah, they were around the corner a few corners ago...

There's more than one reason to invest in an IRA. Making profit is sometimes the least of the reasons.

We do every morning when the market is open, retard

>happy with a 50% loss
the state of you

>still HOPING for the best
very nice

stop saying things like "guaranteed sectors", because future expectations are already priced in

this guy is alright but he types too much

Blue Horseshoe loves USRM

I bought NVDA last month, went up 20%, very good gains.

>Buying stocks tied to crypto gains

:~)

>why do you make assumptions
>makes assumptions about me, the "no coiner"
Im an early adopter, you probably bought from me
You should have sold all crypto

$5000 into MJX at $32 per. Am I fucked?

nah bro just check out the long term chart of the nanotech ETFs when they launched. oh wait they're all delisted now

>stop saying things like "guaranteed sectors", because future expectations are already priced in
say something novel

Sorry user but I'm through with stocks.
I'M INVESTING ON THE FUTURE. IN CRYPTO. You get my drift, fag?

Any of you faggots trade options?

>the state of you
ETH dropped from 400 to a low around 150 in the summer. Now it trades around 1k. I don't really care.

Wasn't arguing that. I agree with you.

NVDA/AMD/MU and Canadian weed stocks are pretty good too though.

>Muh internet monopoly is worth more than businesses that generate cashflow and give out dividends

Absolute state of these cryptocucks

I do.

I made 22k on TSE: LEAF / MedReleaf Corp

>hurr durr if I invest in crypto that means I don't own any stocks.

Absolute state of retards on biz

Nice. Only reason I stopped coming to Veeky Forums is because everyone here only talks about crypto

Had a pretty good month. Bought EA & MTBC at the bottom and sold yesterday. Got Apple just before the 3% jump.

lol no

Better look

>3% who the fuck trades this shit

>1200 dollars

I hope you are like 20 cuz if not you will have to retire at 70 instead of 65

My investment accounts are still all stocks, of course.

But my trading account is nearly all options. I like it. There's more risk, of course, but the profits are so much better if you take the time to do the math, especially with LEAPS

ITT: Shitcoiner gambling addicts try to deflect from their freefall

They're losing money on purpose to gain market share. They'll start charging soon enough

Charge your battery.

>>hurr durr if I invest in crypto that means I don't own any stocks.
>Said nobody
>Make up his own starwman

>insults stocks and defends crypto
>magic internet money gets insulted back
>"well I own stocks as well so you're the retard"

Missing: the original $9600 I put in starting at Christmas in 2016 (hence the hilarious percentage)

If you can dream it, you can make it

Get in on MBOT at 1.04 and RELV at 5.05 for swinging purposes, you got mah guarantee

Yep. Pretty much.