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Offline Israel Chai

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Stock market thread
« on: June 23, 2021, 12:58:29 PM »
Even if you just have a grand investing is smart if you are and have info. Share info here.

https://m.youtube.com/watch?v=adb26Qp5_D0

Right now lots of stocks bouncing up, and you can grab them low when they are closed or just opening and make some good cash when they go up.

They are of course in a massive bubble and will collapse soon do keep riding the waves and get ready to start betting against stuff in a few.

Good ole airplane ones did 50% and amusement park ones did 100% so far, say when you think the bubble is popping.
The fear of the L-rd is the beginning of knowledge

Online Hrvatski Noahid

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Re: Stock market thread
« Reply #1 on: June 23, 2021, 03:42:10 PM »
If you buy a minority holding, you are wasting your money. Buy real estate and rent it.
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Offline Israel Chai

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Re: Stock market thread
« Reply #2 on: June 24, 2021, 12:35:44 AM »
If you buy a minority holding, you are wasting your money. Buy real estate and rent it.

I don't know what that means. I dont hold money in a stock for long, i just buy when i know its low and will go back up soon and then bail.

As for real estate yeah a bit but there's a lot of work involved and a with socialist laws a ton more risk than smart investing.
The fear of the L-rd is the beginning of knowledge

Offline Israel Chai

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Re: Stock market thread
« Reply #3 on: June 24, 2021, 09:18:41 AM »
The happies at reddit are red juicy steaks I have been salivating over for some time. I wish them all the best but they should have hit and run.

AMC up 2500% from last year. I feel comfortable it will keep going down now, bet against. Feel really bad for the ones who didn't sell out and like respect them in your heart while you get rich.
The fear of the L-rd is the beginning of knowledge

Offline Slobodan

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Re: Stock market thread
« Reply #4 on: June 24, 2021, 01:49:59 PM »
Probably an easy way to earn some money, if you actually have money for gambling. I don't.
You need to spend money to make money, but you also need to spend money to waste money. That is why I just stick to what I can earn on the job, and save up what I can from it.
Si vis pacem, para bellum.

Offline Israel Chai

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Re: Stock market thread
« Reply #5 on: June 24, 2021, 01:58:40 PM »
If you put 1000 dollars in tesla a few years ago you have millions now. There are safe stocks where you get your dividends and unless everything collapses in the world you make a bit. It's utter poor people nonsense to look at stock trading like a casino, it is the path to financial independence in capitalist societies. Considering you can do it on an app on your phone everyone should have a portfolio. Some people start with $500 and have millions now. If you want to be a maverick and bet on mining stocks or be stupid then its more of a gamble and only make acceptable risks. Put 100 dollars if it goes back to normal you have 2000, and probably will and crash lower.
The fear of the L-rd is the beginning of knowledge

Offline Slobodan

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Re: Stock market thread
« Reply #6 on: June 24, 2021, 02:42:38 PM »
It is easy to say now, that buying Tesla stocks way back when they where cheap was a good investement. But back then, you wouldn't have known. Like, can you name a company today, who's stock options are cheap now, but will become a unicorn? I think not.
If I invest 100$ into same safer options, I will maybe make another 100, in 6 months. Or not. That is not worth it for me.
I mean yeah, if a grand is nothing to someone, they can play around with it, and make a few more grands. But for me, it is not something I a willing to risk.
It's a rich men's world.
Si vis pacem, para bellum.

Offline Israel Chai

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Re: Stock market thread
« Reply #7 on: June 25, 2021, 02:18:39 AM »
It is easy to say now, that buying Tesla stocks way back when they where cheap was a good investement. But back then, you wouldn't have known. Like, can you name a company today, who's stock options are cheap now, but will become a unicorn? I think not.
If I invest 100$ into same safer options, I will maybe make another 100, in 6 months. Or not. That is not worth it for me.
I mean yeah, if a grand is nothing to someone, they can play around with it, and make a few more grands. But for me, it is not something I a willing to risk.
It's a rich men's world.

I never keep stocks more than a few months. It is not a rich man's game it is cheaper than opening a business.
The fear of the L-rd is the beginning of knowledge

Offline Slobodan

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Re: Stock market thread
« Reply #8 on: June 25, 2021, 12:12:46 PM »
Yes, true. But when it takes almost 2 months of only spending money on essentials, in order to save up that 500$...
For people who have spare cash, yeh, it is a good option.
Si vis pacem, para bellum.