MaestroMike
Gold Member
Lol i put in over 10 gs and I'm up like 13 percent like 1300 or 1400 bucks. I'd rather the market still be depressed so I can purchase even more stocks of good companies at a more affordable price.
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How about that DOW?
- Thread starter ipukespiders
- Start date
Lol i put in over 10 gs and I'm up like 13 percent like 1300 or 1400 bucks. I'd rather the market still be depressed so I can purchase even more stocks of good companies at a more affordable price.
TrainedRage
Banned
...Whats wrong with waiting? Or you could sell now and invest again when you feel the market is more 'realistic'. Honestly this feels like as much as I hate to say it "the new normal". I expect the markets to be volatile for years.
MaestroMike
Gold Member
Not interested in trading. I wanna buy as much stocks of good companies as possible that pays dividends and has a long history of paying dividends. the more expensive the stocks become the less I can buy and less dividend income I can get. If a stock I have does become super overpriced hell yeah I'd sell em but I want some stable dividend income tho I think a lot of companies suspended their dividends right now. But still u need a lot of shares just to even get $1000 per year in dividends. I have a long way to go to get enough to live off of.
SurprisedPikachu
Member
Yeah, no. That’s stupid but you said this back in Feb so maybe you learned a thing or two about how the economy works.Its because of Obama.
Romulus
Member
I wasn't being serious
TrainedRage
Banned
I dunno man, I invested only $1k into two ETF's and one gaming ETF and have made $400 in profit in just 3 months. Did you jump on Tesla and SpaceX when they were low? They seem like a good bet, however im not to informed about dividends. Aside from like Target and T. Row Price. I don't trust those gigantic companies enough to trust they are properly distributing the ACTUAL % of dividends they should give out. And im not about to put ALL my money into the market.
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Out of curiosity was the gaming etf HERO? it's done me well but yeah, i'm a huge fan of ETFs.
TrainedRage
Banned
Nah I went with GAMR, bought at about $35 up to about $53 now.
SpaceX isn’t a publicly traded company, and Elon says it’ll remain private. If only...
SurprisedPikachu
Member
Oh good. Because damn people who say that and mean it are ignorant.
If you're ever looking to add another one, consider HERO. It has a lower expense ratio and has actually outperformed GAMR YTD. Not to take away anything from GAMR, as that did extremely well too. You can can compare the two's performance at the bottom in the chart.
https://www.etf.com/GAMR#overview
ipukespiders
Member
WTF is this nonsense?
ipukespiders
Member
Mid afternoon
and the TSX is up to the task too
and the TSX is up to the task too
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ipukespiders
Member
Making the DOW Great Again!
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Newly Vacant
Member
I don't understand the market at all. I got in, got out, and made money during this climb. I don't know where this growth is coming from. The only thing I take from this is that we're getting closer to all-powerful megacorps. All hail the forthcoming Tyrell Corp, EuroCorp, and VersaLife.
F
Foamy
Unconfirmed Member
I've stepped away from day trading for a bit cause stocks were reacting to news the opposite of how they should. It's all upside down at the moment. Doing marginally well in swing trades of late.
ipukespiders
Member
Anyone that says they do is lying.
TheContact
Member
it's hard to trust the stock market when the economy isn't doing that well. it could implode, but i'm glad to see it's high right now. hope it stays that way.
ipukespiders
Member
What a roller coaster.
Newly Vacant
Member
I quit. None of this makes sense to me.
DarkestHour
Banned
It really doesn’t. I’ve taken some long term gains and am sitting on more cash than usual right now. Might even move to even more cash soon. Could be the wrong option but there’s no reason for this.
