Would like to buy some stock while really low but don't know enough

We're not at the bottom yet, we'll start getting really grim unemployment news soon, that'll more losses similar to what we've seen over the last couple of weeks.
 
Do not buy individual stocks unless it is money that you would otherwise take to a casino lol. Although if I were to buy one, I'd look at cruise ship stocks. Them old people are probably itching to get back to shitty ballroom dancing and all you can eat buffets.
 
In a couple weeks I'm planning on buying up F, SPCE, MSFT, possibly JNUG, UPRO, DIS, and BP depending on what the recession/recovery looks like then.

You can probably still get in on the Bitcoin upswing, but I'm a little nervous about it since it depends so much on international trade.
 
I'd buy toilet paper stock and also stock in companies that are producing vaccines. That shit is gonna explode when they find the vaccine for this wu flu.
 
Go to a Reddit like r/investing where you will get linked to tons of resources. Make an informed decision, don't follow random posts.
 
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Hari Seldon said:
Do not buy individual stocks unless it is money that you would otherwise take to a casino lol. Although if I were to buy one, I'd look at cruise ship stocks. Them old people are probably itching to get back to shitty ballroom dancing and all you can eat buffets.
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Why not?

Microsoft, AT&T are always safe stocks and they pay dividends, too.
 
Two things (serious):

1. Don't buy individual stocks. Buy mutual funds. Keep it diversified, spread out your risk. The only exception is when you know the market and company well enough to choose an individual stock with confidence -- which you don't (and neither do I or most people). The smartest people in the business advise mutual funds, not individual stocks.

2. Wait for the bottom, then for it to stabilize and start to rise. Don't try to catch a falling blade. Wait for it to start back up -- and steadily, so it's clear the recovery is on -- before you buy. Now is not the time.
 
Don't try to predict the bottom. If it was that easy everyone would do it. Wait for the rebound and then go for it. If you're thinking long-term go for one of the safer mutual funds. If you're thinking short-term build a super-computer that predicts the next Apple, otherwise go for long-term.
 
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Pick a big company you know that adds value to your life with their products.

yesterday was probably the worst. It seems to me it will all go back up quickly
 
Use M1 finance. Its a app that simplifies a lot of this for you, and there is a large userbase for it. It also allows you to buy individual stock in companies, though a person like you probably shouldn't be doing that.
 
SPY $200p 5/1

Don't listen to these pussies. This way you can buy a monster truck with a dozer blade on the front of it and rule the wasteland.
 
I was thinking of making this thread.

Lets combine the force of GAF to try and make money on the turn around that hopefully comes.
 
Financial Advisor here. While I can't give specific recommendations I can say its typically best to spread your investment over a period of time (like $X over Y weeks) and it is typically best to be as diversified as possible. Instead of looking at individual companies to get gains look at index funds and the like.
 
oagboghi2 said:
Use M1 finance. Its a app that simplifies a lot of this for you, and there is a large userbase for it. It also allows you to buy individual stock in companies, though a person like you probably shouldn't be doing that.
Click to expand...

Don't forget M1 offers fractional shares. Such a great feature.
 
Hari Seldon said:
Do not buy individual stocks unless it is money that you would otherwise take to a casino lol. Although if I were to buy one, I'd look at cruise ship stocks. Them old people are probably itching to get back to shitty ballroom dancing and all you can eat buffets.
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Terrible advise lmao. Cruise ships? The very thing that could wipe out all those older folk with this devastating virus? The studies are showing that the median age of death for those in Italy who suffered and died from Corona Virus is 79.5 years of age. Cruise ships are going to take a harder dip than American Airlines post September 2001 if elderly Americans have any sense
 
Take 50% of your money, and put it in the blue chips- Transatlantic Zeppelin, Amalgamated Spats... Congreve's lnflammable Powders, U.S. Hay... and sink the rest into that up-and-coming Baltimore opera hat company.
 
Porcile said:
Take 50% of your money, and put it in the blue chips- Transatlantic Zeppelin, Amalgamated Spats... Congreve's lnflammable Powders, U.S. Hay... and sink the rest into that up-and-coming Baltimore opera hat company.
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What about hashbrown companies? Should I invest in hashbrown companies?
 
dcll said:
If you were to buy some stock, what companies would you buy and when?
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If you are not really into stocks, and following the markets and reading quarterly reports, then I don't think it would be wise
to try to pick individual "winners" to invest in.
That is too much like blind gambling.

Instead, I would suggest buying into either a manged fund or an index fund.
An index fund basically follows the average of the market. Since they are weighted by market cap, a simple computer algorithm can decide how to balance the portfolio with the end result that the management fees you pay are very low.
There is no need for an expensive analyst to pick winners/loosers to invest in.
These funds follow the changes in the average market virtually exactly. You get the average but you also miss out on any "unicorns"

A managed fund makes all the investment decisions from advice from, often very expensive but also experienced, analysts
and can often provide a little bit better return than an index fund. IF the analyst is very good.
The drawback is that the management fees are much higher (expert analysts and managers do not come cheap).


For friends and family I usually recommend to go with an index fund if you plan to invest less than ~50 thousand
and only go with a managed fund if you are investing more.

But I am not giving you any advice here. You should talk with the investment guy at your local bank branch and he can go through these things with you on a one-on-one
 
Any companies and retailers that provide long-term "prepper" stuff will soar once people get some money in hand.

Cabela's, Bass Pro Shops, various gun companies like Ruger, S&W, etc.
 
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