>I'm new to the stock market, what stocks should I buy? Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.
> BlackRock is the world's largest asset manager Whoa.
Samuel Martinez
Ibm good entry?
Oliver Fisher
Buckle up, we’re retesting lows by eow This Blacked
Carson Walker
if the only dick I've ever played with was my own, does that make me a faggot?
>share price down $10 good, then you cost average because all of my stocks i;ve held over a year are positive, not including the reinvested DRIP. Stay poor fren
I bought some today when it was -10.40. and a divvy yield close to 4.5%
first stock bought and sold was WEED.to monday at around 64 CAD and sold at around 70 CAD tuesday. Made about 50 bucks, but felt like an idiot for missing sales at ATH. A nice intro for a broke university student tho
Starting yield and divi growth on IBM is much better. I like the long term downtrend too. I think that it may even see growth in price as well as the dividend growing.
I invest for dividends and don't plan on selling stocks. For growth plays I am in Microsoft and Nvidia. I have a hunch that Microsoft keeps reducing the Windows size to have it be able to fit on phones and when that happens there is going to be 10 years of further growth.
James Young
What does your portfolio look like? I like what you have to say in most threads.
Connor Hall
advice for broke students:
buy into a well managed fund each and every month. continue to do so for the rest of your life. completely forget about this money as a means to supplement your needs, its for retirement only. if you continue to save more and more percentage of your income as your income gets better, you willl likely be able to retire early.
Retirement is not a fixed number, but rather if you have 25x your annual spending, you can basically retire (more or less depending on circumstances).
Sebastian Walker
How about neither
Grayson Martinez
I'm an attorney in a midsized firm. 5 years experience and middle management.
Evan Garcia
Just got my sweet divys. Paying large portion of bills with dividends now:):):):)
REMINDER, how to invest: > Buy periodically, for example every month. If you can buy more often due to very low or no transaction fees, buy more frequently > Buy a fixed $ amount every time (f.e. $1000 every month) > Buy regardless of whether the market goes up or down, just do it every month > Diversify, buy index ETFs (MSCI World is a good example) > Put in additional capital (f.e. 1 month's worth) for every 10% drop > Don't expect to get rich quick, have an investment horizon of at least 20 years > NEVER SELL > Apply the above rules for 90% of your portfolio > Allow yourself 10% of your portfolio to do dumb shit like day trade, option gambling, meme stocks etc.
Colton Kelly
I've got 17K in a Scotia med/high risk mutual which should help nicely after graduation. Starting to get into Jow Forums to learn my way around Scotia's 3% mutual fees. I bought 5 VGRO at 25 the other day.
I'm not exactly broke as a whole, but I run my lifestyle off my working money (chequing account) not total money. Mutual doesn't get touched until my own portfolio is developed and I've learned a bit more. So I'm more logistically broke, not literally broke.
Landon Watson
Baggy threads are always the best
Jaxson Bailey
just reiterated what was said with minor jabs at trump for even questioning the fed (((independence)))
Ryder Nguyen
I'm basically Lumberg, except he dresses nicer and i have no idea what i'm doing
Liam White
>IBM >up for the year So which one were you lying about earlier? Owning IBM or being up in it?
Jonathan Edwards
That's decent advice I guess.
Justin Wood
this guy fucks
Carter Powell
So housing is supposed to go up due to easier loans and cheaper building materials, yet HD and LOW are down, wth
Grayson Reed
He’s right though. We can’t just keep rates down when we all know they need to come up because we want more inflation until trump leaves. Straight up manipulation. Fed is not a DC tool
Bentley Jackson
if you're able to live that way happily, you'll be able to retire early
Isaac Hughes
I said earlier i've been in IBM for 2 years and am up 6% plus dividends
Dylan Miller
Housing is about to tip over...
Isaac White
Can't I dodge brokerage fees by becoming the broker of brokerage myself
Maybe after all my budgetery needs are covered. After that, I'm all into reinvesting dividends.
Robert Mitchell
>3% fees user that's dreadful. Look at vanguard index funds. Their fees are a few basis points for a superior product
Mason Gomez
not touching MU until I see a golden cross.
Hudson Watson
In what sense, just let the mutuals/etfs grow and live frugally?
Thinking about trying options in a few months, only once I get the terminology down though.
I know it's risky but it'll hopefully be 1-2% of my working, brokerage portfolio.
Nathaniel Kelly
Yeah I have some STX, I've had it a long while and have been happy with it. I'm pretty bullish on all chipmakers still. IoT isn't going away and just needs even more chips made.
They have been reducing the total size of the OS and I couldn't figure out why because of how cheap desktop storage is until I thought of flash memory.
While storage is cheap currently phone manufacturers still seem to charge a huge premium for storage so I see it as Microsoft coming to meet them.
Noah Flores
SPYD > IBM
Hunter Perry
I did own it before today, but I bought in February when it was around 148, bought again at 134. we'll see if it breaks the trend in february.
Stock's i've owned more than year that are up = AAPL,JNJ, KO, JPM, LOW, PFE
actually I lied, I've had T a couple of years and its about the same as when I purchased it minus divs.
Ayden Mitchell
>user that's dreadful. Look at vanguard index funds. Their fees are a few basis points for a superior product
Bought VGRO the other day. I was a young kid (18) when I got an insurance cheque, and the bank really took advantage of my. It is performing (16.5K to 17.5K) in the three years I've had it, but yeah.
Naive kid gets swindled, old story I guess; just glad I'm looking into doing it myself now
Brody Adams
You know the stock market is a bubble when this advice works.
Jordan King
i just dump about 50% of my take home pay into index funds and my divvy portfolio and pretend I don't have it.
I transfer $50 per week into a savings account automatically and I'll stop when I have 10K in that for emergencies. But I basically pretend like I love close to pay check to pay check with all my money in the market minus my emergency savings.
Nathan Jackson
I'll take a Growing Economy for $1000, Alex.
Liam Sanders
>You know the stock market is a bubble when this advice works. This advice always works. Even through the biggest crises. Check pic related. Take any 30 year period and the annualized return will always be positive.
This is my reasoning for why werks too. Seen quite a few videos after 2007 crash pointing out that if you just HODL through it then you win, basically.
I guess the hard part is HODL when everything is crashing and how to actually do that (does this assume enough personal income to live through without touching your investments or life quality being stable etc)
Owen Morales
>mfw my boss keeps buying NVIDIA at its all time high but it keeps going up
YOU PAY US MINIMUM WAGE I HOPE YOU LOSE EVERYTHING REEEEE
whats on sale today for some quick returns? recently made a killing on canopy weed stock, lookin for another quick buck
Bentley Ramirez
I still have my tlt puts baggy...
Isaiah Wilson
"Tightening resource utilization and an increasing ability of firms to raise output prices were cited as factors that could lead to higher-than-expected inflation"
Jaxson Murphy
This. Markets rise over 30 years because of inflation. They pass on the costs to the customer. Real estate passes costs to the renters. Holding cash sucks.
Hunter Brown
Back when I was a broke university student, after Trudeau got elected, I bought into some marijuana companies on the promise that it would become legal. I didn't have much to spend (save) on the stocks so i only invested around 2000 over the next few months. Portfolio consisted of only those, it's actually why I opened an account, and initially took a dip of 10% and stayed that way for about eight months or so. Finally starts to pick up and I get some positive and eventually today I sit at a gain of around 1800% on these few stocks I have. >Dammit I wish I would've quit school. I had the opportunity to work a 30k/year job instead of going to university. ?If only I'd done that and budgeted well?
Blake Jackson
Waiting for the 'right' moment is how you miss out on massive gains. What matters is that you have capital invested and keep adding on a regular basis.
>Seen quite a few videos after 2007 crash pointing out that if you just HODL through it then you win, basically. Imagine buying every month through 2007-2008. You would have got some insane bargains.
>I guess the hard part is HODL when everything is crashing and how to actually do that Just promise yourself to never sell the 90% of your portfolio
>does this assume enough personal income to live through without touching your investments or life quality being stable etc Only invest money you can afford not to touch for 30 years. Also, don't lose your job in a crisis so you can keep buying (I know, easier said then done).
James Perry
fed agrees policy needs to be "restrictive."
WATCH OUT BELOW
Zachary Kelly
my university experience isn't so bad so far. Stayed at a local one for 2 years to get diploma of engineering. Saved 20K on residence. Moved to the city to finish my degree over the next 3 years. Co-op lets us work jobs with competitive rates during the year so I should make it out debt free with an industrial eng. degree.
Any weed stocks worth getting into long or is the market gonna pop/bear?
Ayden Hernandez
Bulls better come back for power hour... or else..
Landon Jenkins
What gains? the 2008 crash wiped out literally all gains from the last bull market. Even if you had invested continually from 2001, you portfolio would have gone negative.
1. trying to time the market almost never works out better than continuous investments
2. stock price is not really that important to me as an income investor. lower price = better dividend rate. since 95% of my dividend portfolio is in aristocrats, champions or challengers, not only do they continue to pay me through recessions, they raise their dividend to outpace inflation each year.
saves me a lot of stress not worrying about a stock until it goes to absolute shit.
Nolan Nguyen
btw fed officials are very careful of their language because they know that it moves markets, so they deliberately used the word "restrictive" knowing the consequences. don't fight the fed. plan ahead
Luis Sanders
And then you would've quadrupled your holdings from 2001-2009 in the year up to now.. In 2013 the Dow Jones broke through the previous ATH (like 13k). People have been screaming for a crash ever since. Instead, the Dow doubled. Imagine waiting for the 40% crash since 2013. Even if it happens, you'll have lost out.
Jackson Howard
>tfw down 6% today >tfw don't care because I'm confident in the long term viability of my investments >tfw am holding and will continue to hold until the fundamentals change
Nominal Treasury yields increased over the intermeeting period, as market reactions to domestic economic data releases that were, on balance, slightly stronger than expected appeared to outweigh ongoing concerns about trade policy and negative developments in some EMEs. FOMC communications over the period were largely in line with expectations and elicited little market reaction. Domestic stock prices rose, buoyed in part by positive news about corporate earnings, while foreign equity indexes declined and the broad dollar index moved up. Financing conditions for nonfinancial businesses and households remained supportive of economic activity on balance.
I think this means I'll either make it or I wont.
Jeremiah Rodriguez
what should a noob do with the current market direction?
save cash and wait for a good entry in the next year or two when the full effects of the fed are realized
Justin Garcia
>starbulk why? that chart is fucked
Ethan Cox
I swear to god this week has been so fucking infuriating.
Wyatt Thompson
And if I was a patient investor and went all in during the 2008 crash, I'd be ahead of you.
Caleb Perry
The dollar must have fucking mooned off of them minutes. I'd buy dollars right now if I had any dry powder left.
Logan Morris
>up 21% in last year >70 cents away from support >supports steadily rising over the past year
how is it fucked?
Gavin Lewis
How would you know when to get in? At the bottom? Easy to say in hindsight. Meanwhile, I would apply my rules and would have put in additional capital at each 10% drop.
Xavier Thomas
would you though? considering you're just sitting on the sideline, you have nothing invested so you're getting no growth, no dividends, no nothing. Your cash is currently being devalued by inflation while every dividend I have is outpacing inflation. you're literally losing money holding onto it. What if they market doesn't correct for 2 more years?
Ryder Walker
don't assblast me I'm new but what the hell happened to it in 2015? I get that you have to look forward investing, but that drop is crazy
Jace Fisher
also if this counts for anything at all, the robin hood analyst display says 10 out 10 analysts all say buy right now
but whatever analysts in triple parenthesis etc
Ryder Adams
Honestly, I'm not sure. I'm long on these things and I was from the beginning. I mean at least another two years long. I went to university for a degree in a healthcare related field and figured with more relaxed laws on cannabis the easier it'll be to do research. I think a real boom will be in pharma once this is out and they can make pharmaceuticals with it. I'm going straight to the supplier. The federal government seems to be pretty tight in general and want government run I feel/felt there will only be a few big giants in this country. I've got some Aphira and Organigram Holdings. One of em was a bought into by the parent company of Corona for four billion? They really took a spike recently. I think corona's got something up their sleeve
not sure, lost a lot of value for some reason, but a very steady and healthy rise over the past year really makes me doubt it will take a hit again any time soon
John Foster
the inflation meme is tiny compared to the value cash has as an option. if he can wait 2 years and invest in a legit crash he'll be laughing all the way to the bank about "inflation"
Christian Harris
And if it just corrects several times and doesn't crash?
Jack Morgan
What did he say in fed minutes to kill the market again?
When I can margin and leverage my money and throw a dart at a board and still get rich for the past 10 years, it's a bubble.
Jaxon Cook
People always think they cant act rationally when everything is crashing. If the market goes down 30% and then ANOTHER 30%, investors timing the market will wait a little more trying to time the absolute bottom. Then the market goes up 20% and they'll think it's a dead cat bounce. Then the market goes up even more and they'll feel they're too late and wait for the next crash or they'll finally get in but already missed out on big gains.
