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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 07-01-2020, 03:00 PM   #5551
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So just saw an email from TD Ameritrade saying there's micro e-Mini futures vehicles now.

Can't say for certain whether it's good or not I never assed myself to 'learn' how to trade futures..
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Old 07-01-2020, 04:08 PM   #5552
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by scho63 View Post
My AMZN shares are on a path to $5,000
Wait, I just checked and it's at 2878. Wut the F is wrong with U. It'll take another 6 months to get to 5K
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Old 07-01-2020, 04:42 PM   #5553
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Originally Posted by Hog's Gone Fishin View Post
Legit question??? Why don't companies like that do a stock split to get the shares back to a reasonable price? I know percentage is percentage but most people won't buy a 5000 dollar share because that's all they have to invest.
I think it was Lewdog that talked about this a few pages back and it sort of made sense for me. You are essentially buying the stock for the same value no matter the price. And if someone is willing to buy Amazon for $2000 then they will buy it at $5000.
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Old 07-01-2020, 04:52 PM   #5554
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We AMZN owners don’t want to rub elbows with riff raff at shareholder meetings.
That's true. I have been in a discord chat group for stock trading for about a year now. It started off with a few hundred users and most of them were pretty smart. Once the coronavirus started shutting everything down and people got laid off back in February, it jumped to a few thousand. Most of the new guys had no clue what they were doing and bought and sold like it. It's my opinion that all those new traders that came in looking to get rich quick mostly lost their asses.
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Old 07-01-2020, 04:59 PM   #5555
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Originally Posted by rydogg58 View Post
That's true. I have been in a discord chat group for stock trading for about a year now. It started off with a few hundred users and most of them were pretty smart. Once the coronavirus started shutting everything down and people got laid off back in February, it jumped to a few thousand. Most of the new guys had no clue what they were doing and bought and sold like it. It's my opinion that all those new traders that came in looking to get rich quick mostly lost their asses.
Full disclosure, if I were a trader in a discord group, I’d be among the riff raff.
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Old 07-01-2020, 05:36 PM   #5556
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Old 07-01-2020, 05:50 PM   #5557
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Demonpenz View Post
I have lost on all my investments ever.
Go with mutual funds. AKREX,HGICX, QQQE. Takes the worry away because some other jerk is managing your money but he gets paid for doing that.
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Old 07-01-2020, 05:52 PM   #5558
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by rydogg58 View Post
I think it was Lewdog that talked about this a few pages back and it sort of made sense for me. You are essentially buying the stock for the same value no matter the price. And if someone is willing to buy Amazon for $2000 then they will buy it at $5000.
OK but I don't agree. If the stock is at 2500 and it goes to a 100/1 split it just makes sense people are going to bail in on Amazon at $25 /share and everybody that got the split gets to enjoy the ride back to 2500 times 100
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Old 07-01-2020, 06:25 PM   #5559
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I have lost on all my investments ever.
You should change your strategy to short selling.
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Old 07-01-2020, 06:38 PM   #5560
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Probably a little late in the year to do this but I went ahead and implemented the "Dogs of the Dow" strategy this morning. Of course all 10 stocks I bought went down.
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Old 07-01-2020, 07:38 PM   #5561
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Probably a little late in the year to do this but I went ahead and implemented the "Dogs of the Dow" strategy this morning. Of course all 10 stocks I bought went down.
And that is why they are the dogs of the Dow.

I'm not quite sold on the strategy though I've talked to people who have done that.
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Old 07-01-2020, 07:53 PM   #5562
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And that is why they are the dogs of the Dow.

I'm not quite sold on the strategy though I've talked to people who have done that.
It's been rather proven. I think you have to let it play out to so the dividends can play a big part. I should have done it in January.
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Old 07-02-2020, 05:59 AM   #5563
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It's been rather proven. I think you have to let it play out to so the dividends can play a big part. I should have done it in January.
Yes I've seen some data on it, I guess it's just not for me is all.

Good luck with it though.
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Old 07-02-2020, 11:12 AM   #5564
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Opening up too fast/too early might make a bad situation worse. I don't expect to see an economic recovery for a very long time.
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You will be very wrong once again. We will see a powerful "V" shaped recovery in spite of you and all the Dems hoping things stay shitty until the election.
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Old 07-02-2020, 11:21 AM   #5565
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DOCU is up another 9% today. TSLA is killin it as well.
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