- Apr 30, 2011
- 10,915
- 2,735
**** it. Time to dump money into puts.
As far deep into the red as we are already, that's probably not a bad idea.
2016 sucks.
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**** it. Time to dump money into puts.
I just went all cash. omg. when will it end. Been a freefall all of January.No end in sight
As long as you're invested in solid companies/ETFs/etc you'll be fine. Just ride the storm and dont panic.I'm afraid to look at my portfolio, which is a bad thing in more ways than one
Edit: just checked and I'm in a messed up situation. I haven't been able to fund my account lately w/ daycare so it's a catch 22 when it comes to taking gains, my portfolio aint enough to eat the $4.95 trade fee and I've already lost too much to sell now. Feels really bad man
As long as you're invested in solid companies/ETFs/etc you'll be fine. Just ride the storm and dont panic.I'm afraid to look at my portfolio, which is a bad thing in more ways than one
Edit: just checked and I'm in a messed up situation. I haven't been able to fund my account lately w/ daycare so it's a catch 22 when it comes to taking gains, my portfolio aint enough to eat the $4.95 trade fee and I've already lost too much to sell now. Feels really bad man
It's stupid to care about a $4.95 fee when you have more than that on the line.
tf is going on with twtr?
Cheap stocks are cheap for a reason.
Read The Intelligent Investor. Check out this article from Buffett http://fortune.com/2014/02/24/buffe...ou-can-learn-from-my-real-estate-investments/
You need to learn the difference between cheap dollar wise vs cheap value wise.
Repped both of you. Thank you for the direction.Ah, Sprint. I wrote an analysis on them a couple years ago when they were at $8 and even made a quick gain before that. Long story short, don't touch them. They're floundering, and I'm honestly not sure they'd be here right now if not for Softbank having bought them. I haven't looked into them for the past year or so, but from what I'm seeing, avoid at all costs. If you want telecom stick to ATT or VZ.
They're not a very interesting buy out opportunity either. Sprint is so overloaded with debt and worthless assets from poor decisions that there's no reason a competitor would buy them.
First time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
Nice ABCD breakout in TWTR intraday.
Lol wutFirst time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
Don't. invest. in. stocks. Especially now, and especially if you're a beginner and don't know what you're doing. Start with penny stocks or a simulated account w/o real money to at least understand how it works. Also keep in mind that most trading is done by algorithms and robots. A civilian E-Trade account is the equivalent of bringing a knife to a gunfight. You will get slaughtered.
Lol wutFirst time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
Don't. invest. in. stocks. Especially now, and especially if you're a beginner and don't know what you're doing. Start with penny stocks or a simulated account w/o real money to at least understand how it works. Also keep in mind that most trading is done by algorithms and robots. A civilian E-Trade account is the equivalent of bringing a knife to a gunfight. You will get slaughtered.
Stay away from penny stocks. Plenty of civilians can make money investing. Just takes knowing how to read a chart and balance sheet to do so.