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I wonder how many people in here fucking around with individual stocks have maxed out their annual retirement contributions. Just a tip, do this. Early. Can't stress it enough.
Lol. Go to r/investing if you want to earn 0.00004% returns a year to retire when you’re 67
the real financial advice to make it big and truly live your life is to make risky gambles through options and crypto. No other way can make you 300%s and ten baggers.
I’m 21 and on track to owning my home (not some shitty $150000 home btw) without mortgage within 3 years.
1NF1N1T3Lol. Go to r/investing if you want to earn 0.00004% returns a year to retire when you’re 67
the real financial advice to make it big and truly live your life is to make risky gambles through options and crypto. No other way can make you 300%s and ten baggers.
I’m 21 and on track to owning my home (not some shitty $150000 home btw) without mortgage within 3 years.
Bahahahahahaha nice flame. If not, no one cares what you think. A 21 year old doesn't know shit about fuck and you'll lose your ass.
"It's been empirically proven many times that 99% of day traders can't beat the market in the long term. When you add in your fees to trade, 35% vs 15% tax rate, and the volatility of day to day trading, it becomes expensive enough that you need really big short term wins consistently. That is almost impossible to do. Now factor in your time and you might as well work a real job and invest the money long term anyway." - Dustin
But you're special and found a secret, right?
**This post was edited on Oct 8th 2020 at 12:06:38pm
skeirmanBahahahahahaha nice flame. If not, no one cares what you think. A 21 year old doesn't know shit about fuck and you'll lose your ass.
"It's been empirically proven many times that 99% of day traders can't beat the market in the long term. When you add in your fees to trade, 35% vs 15% tax rate, and the volatility of day to day trading, it becomes expensive enough that you need really big short term wins consistently. That is almost impossible to do. Now factor in your time and you might as well work a real job and invest the money long term anyway." - Dustin
But you're special and found a secret, right?
**This post was edited on Oct 8th 2020 at 12:06:38pm
skeirmanBahahahahahaha nice flame. If not, no one cares what you think. A 21 year old doesn't know shit about fuck and you'll lose your ass.
"It's been empirically proven many times that 99% of day traders can't beat the market in the long term. When you add in your fees to trade, 35% vs 15% tax rate, and the volatility of day to day trading, it becomes expensive enough that you need really big short term wins consistently. That is almost impossible to do. Now factor in your time and you might as well work a real job and invest the money long term anyway." - Dustin
But you're special and found a secret, right?
**This post was edited on Oct 8th 2020 at 12:06:38pm
Wow I see you’ve just read the intelligent investor!
And people do care what I think, especially you, seeing as you’ve taken the time to reply so butthurtedly
Trumpkin2020I wonder how many people in here fucking around with individual stocks have maxed out their annual retirement contributions. Just a tip, do this. Early. Can't stress it enough.
This is a really important point, growing money tax free is extremely valuable in the long run for rich and poor.
Yea NIO is flying. I don't usually trust Chinese stocks as an accountant because they don't have anything even close to our SOX act. This company is a copy of Tesla and is definitely cutting some corners. They don't have the nearly the same EVT (Electric vehicle tax breaks) that we have here in America. I say this is still a strong company and a solid buy for the next month or two. Have some friends who have made quite a haul in it.
I'm hesitant after buying a bunch of Tesla shares in May for 1K and selling it at 2K before the split. I thought Tesla would dive and Apple would soar after their split. Apple is screwing me, but I still grabbed my shares @$300 before the split so I'm up quite a bit. I'm not selling Apple anytime soon.
Another good look is ENPH - Enphase Energy. I had them last year and they've tripled my profits so far. It's a green solar company and they're pretty consistent in chart climbs. Made a good amount off these bad boys.
Just to show that I'm not rich, I placed a fuck ton of puts on Disney and Carnival Cruise Lines in April for a contract date in June expecting them to tank and they actually gained share price in that period. They're down again now, but I lost a bunch of money in that. That's options trading for you.
Trumpkin2020Thanks for this tip. Pick some up next day. Up 30%
zuesYea NIO is flying. I don't usually trust Chinese stocks as an accountant because they don't have anything even close to our SOX act. This company is a copy of Tesla and is definitely cutting some corners. They don't have the nearly the same EVT (Electric vehicle tax breaks) that we have here in America. I say this is still a strong company and a solid buy for the next month or two. Have some friends who have made quite a haul in it.
I'm hesitant after buying a bunch of Tesla shares in May for 1K and selling it at 2K before the split. I thought Tesla would dive and Apple would soar after their split. Apple is screwing me, but I still grabbed my shares @$300 before the split so I'm up quite a bit. I'm not selling Apple anytime soon.
Another good look is ENPH - Enphase Energy. I had them last year and they've tripled my profits so far. It's a green solar company and they're pretty consistent in chart climbs. Made a good amount off these bad boys.
Just to show that I'm not rich, I placed a fuck ton of puts on Disney and Carnival Cruise Lines in April for a contract date in June expecting them to tank and they actually gained share price in that period. They're down again now, but I lost a bunch of money in that. That's options trading for you.
Thanks for ruining my day to remind me of my weak hands...
I could cry
This was selling a 0.92avg
**This post was edited on Nov 3rd 2020 at 11:24:19pm
zuesYea NIO is flying. I don't usually trust Chinese stocks as an accountant because they don't have anything even close to our SOX act. This company is a copy of Tesla and is definitely cutting some corners. They don't have the nearly the same EVT (Electric vehicle tax breaks) that we have here in America. I say this is still a strong company and a solid buy for the next month or two. Have some friends who have made quite a haul in it.
I'm hesitant after buying a bunch of Tesla shares in May for 1K and selling it at 2K before the split. I thought Tesla would dive and Apple would soar after their split. Apple is screwing me, but I still grabbed my shares @$300 before the split so I'm up quite a bit. I'm not selling Apple anytime soon.
Another good look is ENPH - Enphase Energy. I had them last year and they've tripled my profits so far. It's a green solar company and they're pretty consistent in chart climbs. Made a good amount off these bad boys.
Just to show that I'm not rich, I placed a fuck ton of puts on Disney and Carnival Cruise Lines in April for a contract date in June expecting them to tank and they actually gained share price in that period. They're down again now, but I lost a bunch of money in that. That's options trading for you.
How the fuck did those cruiselines not eat shit during your put contract period? Makes no sense
I fucked up the period TBH. They dropped like fucking crazy and I bought the contracts at their bottom. I fucked it up. I was fully expecting them to almost hit zero.... They pretty much just stayed at their bottoms and didn't go any lower.
DolanReloadedHow the fuck did those cruiselines not eat shit during your put contract period? Makes no sense
zuesI have ideas but don't trust my track record. I'll save you some cash.
NIO on a bender RN. all in on that RN for the intermediate LONG.
Yeah I’m in NIO for the long haul. Made almost 2g’s this morning from RCL then bought a ZM (zoom) call at 12.10 (it’s at 5.60 now) but hoping it bounces back before the 13th.
Was looking into AHT. Might be too late but look at their 1D.
Cheap enough for the risk for me.
Charlie_KellyYeah I’m in NIO for the long haul. Made almost 2g’s this morning from RCL then bought a ZM (zoom) call at 12.10 (it’s at 5.60 now) but hoping it bounces back before the 13th.
Was looking into AHT. Might be too late but look at their 1D.
Cheap enough for the risk for me.
Zoom was a bad call as of now lol. I’ll look at AHT.
spruitmAnyone looked into GMBL? Egaming gambling service. I think egaming is only going to get bigger and bigger and sports gambling becoming more legalized
spruitmI got spooked on NIO on Friday and sold off, but then bought back in. Dumb, just have to commit.
I’m riding a options call up to earnings then probably going to buy a put. Stock is going to reset so look for it to lose some value in the short term.
mentholjuulpodanyone know if stash is a good option to start investing?
It’s Meh. You really just put money in and they invest it for you. You select general categories that you want to invest in but not specific stocks. If that’s all you want it’s not bad, if you’re actually trying to invest yourself I don’t think you’ll like it.
