>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.
I'm waiting for it to bleed some more before loading up on, given GE's ties into healthcare and the aging population I think in the long run it'll work out, but I want there to be a as big a margin of safety as possible.
Juan Rogers
>buying GE It's doomed user.
Jacob Miller
Today was my first time day trading. I made some money trading funko but my ACB stock is negative. I kind of expected to play the long game with ACB anyway. I wasted two day trades though and didn't make much money at all, but it was fun and I learned a lot.
Jose Thompson
I'm in my first week of investing. Probably started about 7 days ago. So far I'm losing my ass but I don't really care because I only put $475 into the market and this is a valuable learning experience while I read "Essays of Warren Buffet" and "The intelligent investor". I'd really feel like shit right now if I had been investing a lot of money for a long time. In the mean time I guess I'll just save my cash and wait for a big dip in January/Early December before I start buying again.
You're an idiot, seriously. You're going to lose all the money you put into this shit and I don't even feel sorry for you. Anyone who puts money into whatever-coin after what happened with bitcoins deserves precisely what they get.
Parker Cruz
>Anyone who puts money into whatever-coin after what happened with bitcoins deserves precisely what they get. you mean the massive gains it saw, unprecedented to any other speculative asset on planet earth. >but muh correction you sound like you got into crypto near the end of 2017 and got burned hard. No coiners just cannot win unfortunately.
>>this delusional bullshit You crypto-tards cannot be reasoned with, and if any of you had any sense, you wouldn't be buying internet funny money in the first place.
Pretty soon you can drop a few hundred on it and pretend you don’t own it for a while. If it doesn’t go bankrupt then you’ll be happy in a few years. I’ve been holding since the summer. Obviously it hasn’t been going well
I've only got $475 in the market so I don't really care. I honestly wouldn't mind a crash because my buying power would increase drastically.
Lincoln Reyes
Idk the jet engine business but I would think that it is valuable enough to let them keep their power generation
Jaxon Carter
>Money sink >Helping them stay in business
Topkek
Hudson Powell
>finally learned to manage my ADHD enough to work 8 hours a day >finally learnt enough programming to get out of my 2 years of after college NEETdom >about to start applying to jobs in January >economy tanks T-thanks, not like I wanted to become independent or anything.
You think I'll be fine? I'm worried about the property bubble popping (I'm in canada).
Ethan Adams
Well in the long term it'll pay off when they do the spinouts. Each spinout will be its own company, which you will get shares in. Said companies could make loads of profit or get bought out. So for $40 for example you get:
GE BHGE GE Transportation Ge Healthcare GE Capital
Cooper Roberts
>is we cliff edge, or bout to bounce?
Mega bounce. That inverse head and shoulders on the S&P is no joke.
>he invested in real estate lmao, you're fucked if Canada is anything like the U.S. We have an aging population, most of their homes are owned by the banks through reverse mortgages. Once all of the old folks die the market is going to be flooded with homes that can't be sold. Unless you're a renter your "investments" will be essentially worthless. Hell, even rent prices will go down because people may finally be buying houses if they're cheap enough.
John Myers
Normally it'd cost you least $40 per just to get in on one company must less 5
Gavin Martin
arent the chinese buying everything up?
Parker Parker
What? No I'm looking for a job and scared we will have 2008.
Carter Watson
On the plus side, buying into CVS would be a wise move. With all the older folk needing pills and shit expanding year after year
Not sure but I wouldn't be surprised. We're heading in that direction. Good 5-10 year investment. Wise move. Buy more once the market plummets.
Joshua Allen
Even if the economy does tank, that doesn't mean all available jobs will magically vanish overnight Canada's housing bubble is in danger of popping, but even if the Canadian economy does go into a recession right when you start looking for a job, it'll start to recover a lot more quickly than people realize
Not yet. No better temporary cure for depression than a determined will for vengeance. I don't even need to win. They just need to lose and all they have worked for turn to ashes.
It's more, as someone just starting I'm scared about it. I really don't know what to do. I don't know if I can make it a full year...
Brayden Campbell
You'll still be able to get a job but your chances will be higher if you start searching now rather than later.
Dominic Morris
Even if it does tank, you should still try to apply for jobs The economy being bad doesn't mean absolutely nobody will get hired for anything, just that less people are able to find employment than usual The odds may be lower, but they won't be zero
Ok. I'm going to rush to finish my portfolio over this month, then apply in december.
Brayden Butler
You should get a source of income before you start building a portfolio. Start searching now. December is going to be worse than this month. Retail might get a small boost but that's about it.
Nicholas Green
Yeah that's why I bought into walmart, least part of it. Then you add the rolling out of the home delivery service of food and expanding of site to store pickup. Seems like walmart is at the right track for profit gain.
William Wood
>that pic pretty hot desu.
Ryan Perez
I mean, I'm being supported by my parents at the moment.
I want to get a programming job, it's the only thing I'm reasonably good at.
Jacob Wright
Why did someone who bases their trading philosophy on making money from other peoples' bad decisions write a book to teach other people how to be better traders?
Sometimes you gotta settle for less user. I went to school to be an engineering technician and now I'm repairing cell phones for 11 dollars an hour but I'm at least getting valuable experience in the field.
Zachary Gomez
all red AGAIN
orange very bad man
Zachary Howard
Because I want to actually have money in 5 years Crypto is a speculative bubble and the vast majority of cryptocurrencies won't survive the pop, and the ones that will will be at severely reduced prices
I'm going to keep trying for a while longer I think.
But eventually I'll have to settle.
Aaron Brooks
The entire crypto market is a bad investment It's not a matter of one coin being better than another, it's a matter of every single one of them being valued based entirely on speculative hype rather than any actual utility they have in the world
Don't kid yourself, IBM/CISCO will just make a copy of it and all major financial institutions will adopt their ripoff because its a safer bet to them than some pre-mined token running on some Ukrainian austist's unsecured network infrastructure.
Julian Barnes
you can kys, faggot
Lucas Myers
When you buy a stock, you're buying a company that makes an actual product The company generates profit through its goods and/or services that give a stock (a share of ownership of that company) some inherent value Cryptocurrencies produce no value and have no inherent worth in and of themselves They're only worth as much as people are willing to pay for them
Unless you're talking about most pharma companies. Then you're just helping fund R&D on the future promise of a breakthrough.
Kind of like crypto.
Easton Scott
Where is LCI guy? I'm thinking over putting in 2k tomorrow over this amneal deal. Looks like some easy gains. Thoughts?
Aaron James
JEB SURRRGGGEEEEE!!!!!!!
Landon Adams
Currently down 900 dollars, 25%. Everything I'm holding has good long-term fundamentals, but goes with the rest of the market. So I'm pretty tired of it...
>Then you're just helping fund R&D on the future promise of a breakthrough
The value of a biotech company is determined by the profit it can generate selling the drugs it produces Though it is true that biotech is an inherently speculative sector, you can still objectively determine if a company is a good buy or not by doing your research on how their drug has performed in clinical trials and studies and how much funding they have The end result of a successful biotech company is a physical drug that can treat diseases and potentially save lives The end result of a cryptocurrency is the same thing it always was, an online token with no intrinsic value
Bentley Ortiz
This. Cryptofags are essentially just speculators.
Alexander Gray
So what you're saying is the issue with crypto is the lack of a profit model?
Camden Thomas
Can someone make an argument for longing VIX vs. buying OTM SPY puts? Would like to hear a for/against either one.
Ian Price
Where is the end of year rally? Where is the government gridlock rally? Where is the third year presidency rally?
What the fuck is happening?
Jose Bennett
Not only the lack of a profit model, but also the lack of utility of any individual coin itself The underlying blockchain technology is useful, but it's been shown that when companies/governments adopt blockchain technology, they just make their own proprietary coins instead of buying one that's already on the market What's to stop a company from just making its own cryptocurrency that has exactly the same function as Chainlink, but is produced solely by that company and only used by that company and others like it
The market is deciding between a 3rd wave down or an inverse head and shoulders rally. If we stay above 2700 the next few days, to the moon we go. If we go below, hold on to your butts.
Oliver Ramirez
So if we down 1% more we fucked
Lucas Robinson
2700 is not a hard line. It would be the supports around there. What I mean is that if this thing starts to go down, it's going to go WAY down.
Michael Moore
fuck it, just start planning to 2022 and buying shit that goes south.
Oliver Baker
The real support is where the circuit breakers are. Once we trip one, expect a -50% plunge in Dow
You're in the best market for tech job-seeking ever. Just apply to 10 places, you'll get in somewhere.
Brandon Scott
He better hurry up because the tech industry is waaaaaayyyyyy over valued. It's probably going to be one of the hardest hit. I say that as someone working in the tech industry.
Jace Harris
Ok, I'll send out some applications.
Landon Moore
when is the right time to buy?!!
Nathaniel Perez
This is kind of making me panic, what if I get a job then get laid off immediately
Honestly I'm just too anxiety filled, I'm just at the point where I can finally leave the house after 2 years.
Tech stocks are overvalued, but IT for non-tech companies is gonna keep booming.
Aldi, Wal-Mart, and a lot of other big box stores are expanding and developing proprietary software for supply chain management. Everyone in finance is scrambling for decent developers. Even the VA needs devs.
I just sold Red Hat to buy more GE, but if Red Hat drops below $160 again, I'll take some cash out of savings to buy more. Salesforce is also solid, but I'm more hesitant since they're a bit cult-ish.
Your best bet is an internship with a large company. They'll pay you fairly, show you a good time, and hire about 80% of their interns as full-timers once the summer ends.
Corporate is tame, and layoffs are actually pretty rare for full-time developers. There's high turnover in middle management, and contractors come and go, but unless you're shit at your job, you'll be more or less set.
Good luck user.
Aaron James
I'm not too confident in GE. Although you're right about tech. Although I wasn't too confident in Ford and I bought it anyway since it's a dividend value stock. So who knows what could happen with GE. It could be an undervalued winner. Have you checked out their balance sheets? Did you find anything interesting?
Ian Turner
Dieing in your sleep would be like a random reset. Like, I had some shit going on, but now this is happening. Okay. Guess I'll start some new shit, then.
Jaxson Wilson
Buying DXJ and DJXS this month because I love anime
My idea of the tech boom is that it’ll keep going till the boomers finally leave the workforce. They’re the ones still impressed by anyone who can open Word. It’s to the point that middle schoolers can code. Once they flood the market coupled with newer tech savvy bosses the bottom will fall out. That’s just my opinion though.
I’m actually feeling good. I had a convo with a literal 10/10 single milf over nothing in particular, just chatting. She’s younger than me but I’d marry her right now if she asked. It may not go anywhere but at least I tried. I’m glad it happened cause the other milf I was crushing on got a bf and I was feeling pretty bummed.
