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geekhack Community => Other Geeky Stuff => Topic started by: noisyturtle on Thu, 28 June 2018, 19:58:18

Title: Stocks and Investments
Post by: noisyturtle on Thu, 28 June 2018, 19:58:18
Wadda ya buyin? Wadda ya sellin? Surprised GH doesn't have an investments thread yet, so here we go.

Recently I started a second portfolio just to mess around with in all the spare time. Highly volatile tech/entertainment/and weed stuff mostly, but some puts in EFTs as well. This Robinhood app makes it pretty simple to day trade and watch tickers, way better than Pokemon Go!

But anyway, what are you doing to secure your financial future? What looks good lately? I love buying in a recession because it's like a Steam Sale for money ;)

Mod Edit: no affiliate links
Title: Re: Stocks and Investments
Post by: kiwi99 on Thu, 28 June 2018, 20:02:53

KoReAn KUsTomS
Title: Re: Stocks and Investments
Post by: romevi on Thu, 28 June 2018, 20:13:13
The only investing you'll see around here is in keeb stuff to flip.

Pff, not even for medikul bilz anymore.
Title: Re: Stocks and Investments
Post by: tp4tissue on Thu, 28 June 2018, 20:39:55
/Cough,   I've already told ya'll what to buy..

It's a sure thing.. !!
Title: Re: Stocks and Investments
Post by: noisyturtle on Thu, 28 June 2018, 20:45:43
Well, some of those old artisans were pretty solid investments... so long as you are inclined to sell at some point and not let them sit in a closet forgotten. Or how cheap old IBM boards used to be vs now, that's a pretty healthy return I guess.

Topre and Cherry (ON) are actually trading pretty closely.
https://www.marketwatch.com/investing/stock/5975?countrycode=jp (https://www.marketwatch.com/investing/stock/5975?countrycode=jp)
https://www.marketwatch.com/investing/stock/on (https://www.marketwatch.com/investing/stock/on)
Title: Re: Stocks and Investments
Post by: tp4tissue on Thu, 28 June 2018, 20:51:59
Well, some of those old artisans were pretty solid investments... so long as you are inclined to sell at some point and not let them sit in a closet forgotten. Or how cheap old IBM boards used to be vs now, that's a pretty healthy return I guess.

Topre and Cherry (ON) are actually trading pretty closely.
https://www.marketwatch.com/investing/stock/5975?countrycode=jp (https://www.marketwatch.com/investing/stock/5975?countrycode=jp)
https://www.marketwatch.com/investing/stock/on (https://www.marketwatch.com/investing/stock/on)

These companies do not really contain intangible assets above their market cap.. They're also old, so they have no incentive for business decisions which could swing their stock price.

Unless you're privy to some inside secs-scandal,  there isn't any rational strategy you can implement.
Title: Re: Stocks and Investments
Post by: haanuman on Sat, 21 July 2018, 05:05:22
Buying gold and silver, no etfs and no bonds. I just like to feel my investments lol
Title: Re: Stocks and Investments
Post by: tp4tissue on Sat, 21 July 2018, 08:14:49
Buying gold and silver, no etfs and no bonds. I just like to feel my investments lol

Gold yes,  Silver.. a little risky.

Careful out there.
Title: Re: Stocks and Investments
Post by: noisyturtle on Sat, 21 July 2018, 18:14:57
Took an absolute bath on Netflix this week as shares dropped nearly $75

In fact most of my holdings are down this week. I suck at this.

Title: Re: Stocks and Investments
Post by: tp4tissue on Sun, 22 July 2018, 13:41:27
Be very truthful to yourself as to the potential situation here, portraying the difference between -investing-  and  -gambling-


Unlike on TV,  there's no Monk to Rainman you out of debt.
Title: Re: Stocks and Investments
Post by: noisyturtle on Sun, 22 July 2018, 18:02:15
You are a complete fool if you think for a single second you will ever be able to retire or even have a decent financial cushion without investing in the market, property, bonds, etc. Look at it however you want, but the truth remains: every single wealthy person on the planet who wasn't either born into wealth or got very lucky made their money in investing of some sort. It is how the world works, plain and simple. Don't do it. I don't give a ****. But you'll never get more stable without taking any risk. Ever.