Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[MGRS13]

Originally Posted by chiefforlife

I bought a thousand shares at 1.78. Lets see...

Ouch

[chiefforlife]

Originally Posted by Hammock Parties

You should have listened to me three weeks ago when it was 1.45.

Or.... I could have waited until today and bought it for 1.36. ****!

[Hammock Parties]

Originally Posted by chiefforlife

Or.... I could have waited until today and bought it for 1.36. ****!

if you're stressing one day after buying a stock this ain't the game for you fam

[neech]

Place it on Lucky Dan to win on the third race at Santa Anita Park racetrack.

[chiefforlife]

Originally Posted by Hammock Parties

if you're stressing one day after buying a stock this ain't the game for you fam

Nah, Im good. Just sucks that I could have waited a day and saved 400 bucks.

I read some of the reports and thought it was a good investment. Still do.

I bought it with dividends so House money!

[MagicHef]

Originally Posted by Hammock Parties

if you're stressing one day after buying a stock this ain't the game for you fam

Have you ever dabbled in options?

[RunKC]

**** yeah! Apple and Tesla splitting. Put that money in folks

BREAKING: Tesla announces 5-for-1 stock split https://t.co/jn8limUSe7

— CNBC Now (@CNBCnow) August 11, 2020

[SupDock]

Originally Posted by RunKC

**** yeah! Apple and Tesla splitting. Put that money in folks

BREAKING: Tesla announces 5-for-1 stock split https://t.co/jn8limUSe7

— CNBC Now (@CNBCnow) August 11, 2020

The impact of splitting is confusing to me. In an era where you can buy fractional shares, why does this matter? I get that the stock surged after the news, but why?

Granted, I am a set and forget investor, so I don't pay attention much.

[lewdog]

Originally Posted by RunKC

**** yeah! Apple and Tesla splitting. Put that money in folks

BREAKING: Tesla announces 5-for-1 stock split https://t.co/jn8limUSe7

— CNBC Now (@CNBCnow) August 11, 2020

Stock splitting changes nothing financially for the investor. More shares but they are worth the same money before the split.

Only benefit could be for those doing covered calls now have more shares to sell options on.

[Hammock Parties]

Originally Posted by MagicHef

Have you ever dabbled in options?

No - what is it, you set a price you'll sell a stock for 3 months in the future or something? Hope some rube comes along?

[Discuss Thrower]

Originally Posted by Hammock Parties

No - what is it, you set a price you'll sell a stock for 3 months in the future or something? Hope some rube comes along?

Is this sarcasm?

[MagicHef]

Originally Posted by Hammock Parties

No - what is it, you set a price you'll sell a stock for 3 months in the future or something? Hope some rube comes along?

No, you purchase the option to buy a stock in the future at a set price. Much more volatile than straight stock purchases, higher potential profit but more likely to lose money. Interestingly, you need less money to invest which lowers your total risk in the worst case scenario. It seems like something you’d be interested in based on your investment strategy.

https://us.etrade.com/knowledge/libr...ding-beginners

[RunKC]

Originally Posted by lewdog

Stock splitting changes nothing financially for the investor. More shares but they are worth the same money before the split.

Only benefit could be for those doing covered calls now have more shares to sell options on.

Lower stock price=sale. People will buy these companies bc they are affordable, especially Tesla, which means the stock price will go up.

Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years.

That’s amazing

[lewdog]

Originally Posted by RunKC

Lower stock price=sale. People will buy these companies bc they are affordable, especially Tesla, which means the stock price will go up.

Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years.

That’s amazing

It would have done that without splitting.

See Amazon.

The split does nothing. It’s a great company with a high stock price because it’s got great revenue and a huge cash pile. People can buy partial shares already, so splitting means nothing. If Apple is worth purchasing at $100/shares, it’s also worth purchasing at $500/share.

[rydogg58]

Originally Posted by lewdog

It would have done that without splitting.

See Amazon.

The split does nothing. It’s a great company with a high stock price because it’s got great revenue and a huge cash pile. People can buy partial shares already, so splitting means nothing. If Apple is worth purchasing at $100/shares, it’s also worth purchasing at $500/share.

I've seen people say this a few times now about buying partial shares. I use TD Ameritrade. Is this something I can do with them? I'm not familiar with buying partial shares.