Economy stonks v9, bubble yum

Came into a little money.

I know nothing about stocks but I think everybody should know enough to be able to invest if wanting to.

My situation lots me a very large amount of time to reading/watch videos.

Currently understanding topics like, Index Funds, Dividend Stocks, Low-Risk Stocks, Long-Term. Learning about sites like Vanguard/BlackRock. I'm 2 days in atm.

I will be taking my time with this, Any videos / books / web sites you guys can post will be used.

Sculpting a 10yr plan, would like trading to be apart of it. Thanks for any help!
Step 1: Buy index funds.

Step 2: Hold index funds.

Step 3: Profit.

Everything else is just gambling.

If you're worried about a market crash, then buy over time. Markets are at an all time high right now, but that doesn't necessarily mean it's a bad time to buy. For nearly every point in time over the last 5 years, markets have been at an all time high.
 
Step 1: Buy index funds.

Step 2: Hold index funds.

Step 3: Profit.

Everything else is just gambling.

If you're worried about a market crash, then buy over time. Markets are at an all time high right now, but that doesn't necessarily mean it's a bad time to buy. For nearly every point in time over the last 5 years, markets have been at an all time high.

I do have great patience, TBH my friend who suggested this said this would be an asset because most people just want to look at the market / check it 20 times a day.

So adding index funds over 5 years to stuff ill be looking into. Thanks
 
I do have great patience, TBH my friend who suggested this said this would be an asset because most people just want to look at the market / check it 20 times a day.

ain't nothin wrong with that
 
lol I swear to god like clockwork any time Grizzly puts out a short piece, the stock rips higher.
Celsius Holdings today.
 
Damn Alexion finally with a credible buyout rumor, this time from SNY and VRTX.
I tried that a year ago and got squat; still sitting at same price.
 
seriously, who the fuck are these clowns on cnbc?

the tech people seem to know nothing. like, ever. and now this investor dude's saying that the fed govt not having a contact tracing app is criminal and will be literally criminal in the future. like... what? so we learned nothing from snowden...

lolz @ tech guy saying it should be criminal that a govt doesn't actively spy on us.
 
seriously, who the fuck are these clowns on cnbc?

the tech people seem to know nothing. like, ever. and now this investor dude's saying that the fed govt not having a contact tracing app is criminal and will be literally criminal in the future. like... what? so we learned nothing from snowden...

lolz @ tech guy saying it should be criminal that a govt doesn't actively spy on us.
You mean the dude with a lisp?
He is a super weird corrupt TSLA shill pseuo alt-right libertarian tech cock gobbler.
https://en.wikipedia.org/wiki/Jason_Calacanis
 
he sure as shit ain't a libertarian. haha.
He was the dude who was trying to hire a private teacher for a pod of students and offering an enormous uber eats gift card for the referral lol.
I absolutely hate him hahaha.
 
He was the dude who was trying to hire a private teacher for a pod of students and offering an enormous uber eats gift card for the referral lol.
I absolutely hate him hahaha.

i did just witness epic idiocy from his mouth, so the feeling's mutual.

edit: i seriously can't believe that the one thing kicking my ass this week is... selling puts on uvxy. what a weird time.
 
awww too bad: social distance warrior got banned.
Hope he checked his DMs for that 8879 I showed him and got no reply to lol
 
This woman on CNBC now from Laffer Tengler nailed it: "we're in a perpetual state of displeasure when we play this game looking at things we missed"
 
@brackis1, picked up some $MGI a couple weeks ago when it got under 3 for the earnings run. Earnings is supposed to be good, then I will get the fuck out.
Been in and out of it a couple times. They signed a new deal with Wal Mart. I might buy back in after the earnings dip and hold too see if Walmart buys them out. Of course they have been subject to a shit load of buy out rumors. 50/50 on the rebuy and it depends on how much of a taking profit dip after earnings.
I know you have played the $MGI game in the past.
 
@brackis1, picked up some $MGI a couple weeks ago when it got under 3 for the earnings run. Earnings is supposed to be good, then I will get the fuck out.
Been in and out of it a couple times. They signed a new deal with Wal Mart. I might buy back in after the earnings dip and hold too see if Walmart buys them out. Of course they have been subject to a shit load of buy out rumors. 50/50 on the rebuy and it depends on how much of a taking profit dip after earnings.
I know you have played the $MGI game in the past.
Thats funny you mention; I bought at 2.89 and sold at 3.1 yesterday hahaha. I hadnt seen the WMT deal tho.
 
Thats funny you mention; I bought at 2.89 and sold at 3.1 yesterday hahaha. I hadnt seen the WMT deal tho.
We might have bought at the same time, that is what I am in at.
Its a 3 year extension of an existing deal. Earnings is end of the month, so I will ride until then, it touched $3.27 today but has fallen back.
 
between the amd acquisition and the vix dropping (?????) and fcel spiking and gold suddenly spiking today... my portfolio got real weird.

amd, uranium, and volatility. lolz.

hot tip for sherdog: (this may change by monday, but) i'm probably going to sell 58/59P 10/16 puts on rtx. which means rtx will immediately bore right under the strike.
 
I know about gaming ... I know about its future more so then others ...

How would I exploit this?

small edit ... I know what people will be buying from the next RTS to MMOs.

If I knew how well the new PS would do ... down to 10k sales ... how do I gain from this?

I might be to vague for a solid answer if so sorry.
 
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I know about gaming ... I know about its future more so then others ...

How would I exploit this?

small edit ... I know what people will be buying from the next RTS to MMOs.

If I knew how well the new PS would do ... down to 10k sales ... how do I gain from this?

I might be to vague for a solid answer if so sorry.
Most major gaming companies have already been price into their popularity.
My best suggestions:
Find some smaller publicly traded company that you think works with games that will grow and/or get acquired by a major Co for a huge price per share.
General figures about sales on enormous slow moving companies isn't going to get you much of anything even if you're dead right, and in some cases might even lose you money if you're so wed to a certain calculation or conviction that may or may not be what is actually moving a stock in any given month.
 
Damn flipped quite a few Ford shares and could have been greedier. Also shorted Twilio which was bid up by noobs for overpaying for a cloud startup lol. Nice start to the week. I can't wait for the crash back hangover in a day or two!

Looks like the open is shaking out the solar stocks again as I expected too...
 
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Haha Dillards with yet another enormous retail short squeeze up 37% off a berkshire employee owning a stake in a family trust.
 
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