06-10-2021, 06:01 PM | #6557 |
Second Lieutenant
515
Rep 232
Posts |
not if you are doing it as a hobby with your pocket change. I personally do it with anywhere from a couple of hundreds to a few thousands (based on stock volatility). As long as you don't go full ape like buying thousands AMC shares right after it exploded %500 you should be ok. Not gonna tell you who did it. shall remain nameless.
|
Appreciate
0
|
06-10-2021, 06:10 PM | #6558 |
e90noob
1612
Rep 1,881
Posts |
i'm all about that YOLO life
i got my financial degree from Wallstreetbets and cut my teeth on Robinhood if GME flops, then I'll be homeless and go hungry for a while but i'll bounce back ... just like the stock
__________________
2008 E90 M3 / LCI trunk + euro tail swap
Production date - 2008-04-22 |
Appreciate
4
|
06-10-2021, 08:17 PM | #6559 | |
Captain
527
Rep 743
Posts |
Quote:
And for some apes out there is the principal. |
|
Appreciate
0
|
06-10-2021, 09:51 PM | #6561 |
Brigadier General
1977
Rep 3,261
Posts
Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA
|
I hardly ever buy a stock and sell it on the same day. Most I hold for weeks or months, stocks in retirement accounts for usually year+. Most risky thing I do is buy options, but its a few hundred bucks tops.
|
Appreciate
0
|
06-11-2021, 02:40 AM | #6562 |
Lieutenant Colonel
3302
Rep 1,686
Posts |
I put in $15k on GME.
But that was house money from SWBI and Apple calls that netted me 1,500% gains each. My "play" account is coming up on eclipsing my "main" account. And that's in 1 year vs 5 years or so.
__________________
Ego is the anesthesia that deadens the pain of stupidity.
The single biggest problem in communication is the illusion that it has taken place. Wheel horsepower is just crank horsepower after taxes. IG: EmFore_650 |
Appreciate
1
antzcrashing1976.50 |
06-11-2021, 04:42 PM | #6565 |
Recovering Perfectionist
21678
Rep 1,023
Posts |
In a month, they will be giving away a free share with every large popcorn purchase.....
__________________
Currently BMW-less.
|
Appreciate
0
|
06-11-2021, 09:04 PM | #6566 |
Brigadier General
1977
Rep 3,261
Posts
Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA
|
|
Appreciate
0
|
06-11-2021, 10:27 PM | #6567 |
Recovering Perfectionist
21678
Rep 1,023
Posts |
No, just that the shares will be worth less than their over-priced popcorn once again.....
__________________
Currently BMW-less.
|
Appreciate
0
|
06-12-2021, 07:32 AM | #6568 |
Brigadier General
1977
Rep 3,261
Posts
Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA
|
Also possible is that they get into content streaming business, crypto, nfts, fire dinosaurs on their board of directors, close some non-profitable locations, etc.
|
Appreciate
1
vreihen1621678.00 |
06-12-2021, 09:11 AM | #6570 |
Extruding Elements
522
Rep 535
Posts
Drives: 2016 BMW M5 Comp
Join Date: Feb 2020
Location: Florida
|
Holding AMP, BTC, DOGE and ETH....but its a blood bath out there lately.
__________________
2022 Yukon XL AT4
2016 BMW M5 2015 Ford F250 Super Duty 2006 BMW M5 |
Appreciate
1
Humdizzle6530.50 |
06-14-2021, 12:51 PM | #6571 |
Private First Class
287
Rep 139
Posts |
Chips are in high demand. Invest in one single company is risky. ETF is better bet. SOXX is a good buy right now, a good entry point.
"SOXX tracks a popular benchmark of companies that produce semiconductors, a crucial part of modern computing. Semiconductor chips act as the brains to numerous devices that we rely on today, including smartphones, calculators, computers, and much more." |
Appreciate
1
antzcrashing1976.50 |
06-14-2021, 08:09 PM | #6572 |
Brigadier General
6531
Rep 3,849
Posts |
kind of a general question... but what percent of your money do you guys have tied up in stocks/crypto/investments vs just sitting there in a savings account or checking account doing nothing? i'm at about a 80/20 split stocks vs savings.
part of me thinks i could just go 90/10. I can't really see a drawback, other than something catastrophic happening like a engine failure or medical emergency and i need to pull money out of the market in a bear cycle. wondering if its a risk worth taking.
__________________
2018 Porsche GT3 6MT Previous: Ferrari 458 | R35 GTR | F80 M3 | F87 M2c | E46 M3 | E36 M3 | Scion FRS |
Appreciate
1
chassis8245.50 |
06-14-2021, 08:22 PM | #6573 | |
Private First Class
287
Rep 139
Posts |
Quote:
|
|
Appreciate
1
Buddys550172.50 |
06-14-2021, 08:24 PM | #6574 | |
e90noob
1612
Rep 1,881
Posts |
Quote:
but we're house shopping so we're sitting on more cash even after selling our condo, we'll need more cash on top to get into the type of house that my wife wants *cries in Los Angeles real estate market*
__________________
2008 E90 M3 / LCI trunk + euro tail swap
Production date - 2008-04-22 |
|
06-14-2021, 08:39 PM | #6575 | |
Colonel
8246
Rep 2,519
Posts
Drives: 9Y0 Cayenne S
Join Date: Mar 2019
Location: Einbahnstraße
|
Quote:
88% equities (taxable and tax deferred) |
|
Appreciate
1
Humdizzle6530.50 |
06-15-2021, 04:40 PM | #6577 |
Brigadier General
1977
Rep 3,261
Posts
Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA
|
55:45 investments (non-retirement):cash. It may seem conservative but homes are expensive in my area and I want to stay liquid so I have downpayment.
|
Post Reply |
Bookmarks |
|
|