Re: stocks in meltdown mode
 

Buying stock almost feels like gambling. But my roommate is constantly talking about it. Feel like I'm missing out.

I do 8% to my 401k and the maximum allowed into my HSA. But I have never jumped into buying my own individual stocks. I am no expert though, so it might be a good thing.

Then again, scared money don't make money.

Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1275791]Pretty crazy if he did. I have bought some penny stocks, but I didn't think stocks could stay listed under a dollar for more than a certain time.

That would be winning the game right there.[/quote]

I will report back in time, my guess it’s BS.

Let’s just say he is a very nice guy but he is no stock market ace. I was kind surprised he had $2k to put down to start.

Then as it grew over this past year he didn’t think to cash out ?

IDK

Re: stocks in meltdown mode
 

[QUOTE=sdskinsfan2001;1275790]What does Dell still make? Admittedly I don't have a PC and don't know how common they are anymore, but I never even here the word Dell anymore.[/QUOTE]They still make PCs.

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Re: stocks in meltdown mode
 

[QUOTE=mredskins;1275794]I will report back in time, my guess it’s BS.



Let’s just say he is a very nice guy but he is no stock market ace. I was kind surprised he had $2k to put down to start.



Then as it grew over this past year he didn’t think to cash out ?



IDK[/QUOTE]Well looking at the chart i would be more surprised he stayed in. It didn't grow at all until December.

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Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1275795]They still make PCs.

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Assumed so, but I thought maybe they also got involved with making parts for other companies laptops, tablets, phones, etc. Kinda like what Qualcomm does.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1275790]What does Dell still make? Admittedly I don't have a PC and don't know how common they are anymore, but I never even here the word Dell anymore.[/quote]

The entire us govt is outfitted with Dells.

The only thing I ever see is Dell.

Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1275797]Well looking at the chart i would be more surprised he stayed in. It didn't grow at all until December.

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Yeah, it was my interesting story of the week.

Said he bought when it wasn’t current with sec filings for .0003 a share, bought a million of them. Now it is on its way to Nazdaq he says. Had to buy it through e trade

Re: stocks in meltdown mode
 

[quote=mredskins;1275799]The entire us govt is outfitted with Dells.

The only thing I ever see is Dell.[/quote]

You don't know what you don't know. Had no clue about that.

Re: stocks in meltdown mode
 

[QUOTE=mredskins;1275800]Yeah, it was my interesting story of the week.



Said he bought when it wasn’t current with sec filings for .0003 a share, bought a million of them. Now it is on its way to Nazdaq he says. Had to buy it through e trade[/QUOTE]I would be curious what prompted him to by it?

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Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1275804]I would be curious what prompted him to by it?

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Yeah, agree

Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1275787]Tell you what, people who understood the market got richer over the past 10 months. I can just say with very limited funds, I made 300% growth with very select funds. Definitely not normal, but taking the simple concept that certain stocks got caught up in the panic selling for no reason enabled simple decision making. An example is DELL, a decent stock with no serious reason to have tanked when the market did. I bought it at $27 because the year leading up to the crash it was around $55. It's now over 60, but admittedly I sold it around 50 to lock in that and bought other stocks I saw similar potential with. And I bought several Cannibas stocks in November that have seen significant growth too.

The one question I have to see is taxes, it is all within an IRA so I don't think I have taxes due for the short term gains, but have to confirm that.[/quote]

Is it a Roth or a simple?

If Roth you’ll owe no taxes. If simple, you’ll owe but not until the year you withdraw.

Re: stocks in meltdown mode
 

[QUOTE=Schneed10;1275808]Is it a Roth or a simple?



If Roth you’ll owe no taxes. If simple, you’ll owe but not until the year you withdraw.[/QUOTE]Thanks. It is a Roth IRA

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Re: stocks in meltdown mode
 

[QUOTE=mredskins;1275799]The entire us govt is outfitted with Dells.

The only thing I ever see is Dell.[/QUOTE]


Can confirm I’ve got a Dell laptop and I work for the Fed.


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Re: stocks in meltdown mode
 

[quote=MTK;1275815]Can confirm I’ve got a Dell laptop and I work for the Fed.


Sent from my iPhone using Tapatalk[/quote]

I got issued once a random HP, it was so odd. They took after a year, lease ran out.

Re: stocks in meltdown mode
 

PC towers don't always look like how they used to. At work we use PCs, I don't think I've ever noticed the brand. I'm 99.99% positive it's not a Dell, but I hope it is.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1275823]PC towers don't always look like how they used to. At work we use PCs, I don't think I've ever noticed the brand. I'm 99.99% positive it's not a Dell, but I hope it is.[/quote]

I start up any PC and their logo comes flying at me.

Re: stocks in meltdown mode
 

[quote=mredskins;1275825]I start up any PC and their logo comes flying at me.[/quote]

Good for Dell. You get a government contract you're doing well for yourself/company.

Re: stocks in meltdown mode
 

I'll be damned, my work tower/PC is a Dell. Lol. I'm an idiot.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1275892]i'll be damned, my work tower/pc is a dell. Lol. I'm an idiot.[/quote]

lol!

Re: stocks in meltdown mode
 

Did anyone here ever use Robinhood? I hope not. Don't think it will be a functional company by March.

Beyond Robinhood, I hope this is a gamechanger.

I heard a great question tonight: What do hedgefund firms actually do?

It's such a simple question, but yet so complex.

They don't produce anything, get filthy rich, then cry when anything goes against them.

Sidenote - Romney, you're a piece of shit.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1276141]Did anyone here ever use Robinhood? I hope not. Don't think it will be a functional company by March.

Beyond Robinhood, I hope this is a gamechanger.

I heard a great question tonight: What do hedgefund firms actually do?

It's such a simple question, but yet so complex.

They don't produce anything, get filthy rich, then cry when anything goes against them.

Sidenote - Romney, you're a piece of shit.[/quote]

Nope but the damage they have done to the reputation of Wall Street has hurt . If Wall St, takes a hit it will be becuase of this and nothing Biden has or hasn't done.

Re: stocks in meltdown mode
 

[QUOTE=Giantone;1276153]Nope but the damage they have done to the reputation of Wall Street has hurt . If Wall St, takes a hit it will be becuase of this and nothing Biden has or hasn't done.[/QUOTE]What did you think of Yellen taking an 800G payment from the hedgefund Citadel?

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Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1276155]What did you think of Yellen taking an 800G payment from the hedgefund Citadel?

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What about it? Was she in her post at the time or on the Lecture circuit?

Re: stocks in meltdown mode
 

[QUOTE=Giantone;1276156]What about it? Was she in her post at the time or on the Lecture circuit?[/QUOTE]Lecture circuit, just curious about your opinion.

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Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1276157]Lecture circuit, just curious about your opinion.

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None..............

Re: stocks in meltdown mode
 

[QUOTE=Giantone;1276169]None..............[/QUOTE]Okay...........

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Re: stocks in meltdown mode
 

Anyone else getting in on the Dogecoin fun?

To the moon!

Re: stocks in meltdown mode
 

The S&P 500 rose to a record high on the final day of June to close out a strong first half of the year for Wall Street.

The Dow Jones Industrial Average rose about 200 points, boosted by strong days for Walmart and Boeing, while the S&P 500 perked up 0.1% for its fifth-straight record close. The Nasdaq Composite lagged, ticking down roughly 0.1%.
[url]https://www.cnbc.com/2021/06/29/us-stock-futures-are-little-changed-as-the-market-closes-out-a-winning-first-half.html[/url]

Thank you President Biden for setting record highs for the S&P!!!!

(are we still pretending the stock market = economy? or was that only under trump?)

Re: stocks in meltdown mode
 

all hail lord Biden our savior

Re: stocks in meltdown mode
 

[QUOTE=MTK;1285493]all hail lord Biden our savior[/QUOTE]


Just bought a hat and a flag with his name on it!

Re: stocks in meltdown mode
 

[quote=punch it in;1285504]Just bought a hat and a flag with his name on it![/quote]

You're kidding, right?

Re: stocks in meltdown mode
 

[quote=punch it in;1285504]Just bought a hat and a flag with his name on it![/quote]

I got a Red ,White and Blue Flag I'm gonna put up in the bed of my pick up!!! Go with Joe!!!!!!!!!!!!!!!!!!!!!!!


[IMG]https://i.pinimg.com/originals/c4/b7/21/c4b7214ed8b58394017cc6f7985d5c3a.png[/IMG]

Re: stocks in meltdown mode
 

[quote=punch it in;1285504]Just bought a hat and a flag with his name on it![/quote]

Only one flag punch? Amateur.

My [URL="https://i.redd.it/ddhp3taz5m871.jpg"]Prius looks like this[/URL] only it's covered in Biden/rainbow flags and "war is not my voice" and "fuck them unborn fetuses" bumper stickers.

Re: stocks in meltdown mode
 

Damn!

Re: stocks in meltdown mode
 

[quote=SunnySide;1285492]The S&P 500 rose to a record high on the final day of June to close out a strong first half of the year for Wall Street.

The Dow Jones Industrial Average rose about 200 points, boosted by strong days for Walmart and Boeing, while the S&P 500 perked up 0.1% for its fifth-straight record close. The Nasdaq Composite lagged, ticking down roughly 0.1%.
[url]https://www.cnbc.com/2021/06/29/us-stock-futures-are-little-changed-as-the-market-closes-out-a-winning-first-half.html[/url]

Thank you President Biden for setting record highs for the S&P!!!!

(are we still pretending the stock market = economy? or was that only under trump?)[/quote]

This aged great

Re: stocks in meltdown mode
 

I like how chico only comes around after a bad day(like trump) on Wall Street , when it's an up day he is as quiet as a mouse(or trump).

Re: stocks in meltdown mode
 

[url]https://www.marketwatch.com/story/stock-futures-lower-ahead-of-inflation-data-with-tech-under-pressure-after-apple-amazon-disappointment-11651220738[/url]

Dow, S&P 500 book worst April since 1970 as U.S. stocks close sharply lower

Re: stocks in meltdown mode
 

Welp

Re: stocks in meltdown mode
 

lol, you can set your clocks by him.

Re: stocks in meltdown mode
 

Stocks on sale right now.