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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
ClosingADoor
Member
I myself wouldn't put money into it since I'm in the EU and the Dollar/Euro will hurt me I think and I feel game companies can be hit or miss and change too quickly. But if you feel it is the right move, go for it.°°ToMmY°°;187405962 said:
Little down for me today, but also bought some stock that was -5% today. See if it bounces back.
Borboleta Amarela
Member
I have 10 000$ ready to invest. I know next to nothing on the subject but I'm willing to learn before making dumb moves and losing it all.
So where can I start to learn how to invest? And how long would you recommend before I actually start doing it for real?
Thanks in advance!
So where can I start to learn how to invest? And how long would you recommend before I actually start doing it for real?
Thanks in advance!
You could start with the "How to Invest for Retirement". Even if you'd like to be managing your own investments and picking stocks, it'll teach you about the various types of investment accounts available to you.
http://www.neogaf.com/forum/showthread.php?t=749978
Ether_Snake
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The CAD will reach the high 0.60s as I expected some time ago. Almost at 72c now. I think it will go down to 68c, but possibly even in the low 60s if things go real bad. We're starting to actually see the impact with our own eyes.
cpp_is_king
Member
I've been holding some BX for a while, but it's really hurt my portfolio. In hindsight I should have dumped it, but I guess it's fallen in anticipation of the interest rate hike. Hopefully it's just been the market pricing the imminent rate hike in so once the rate hike happens it won't plummet more. Really don't want to sell it at this kind of loss, but if it can just get back up to $34 I can sell it and only be down a couple thousand :-/
thestopsign
Member
Holy fuck Solar City just made me a shit load of money.
Melon Husk
Member
Man and like 2 weeks ago I thought "I'll get into SCTY, just wait a few more weeks till next year and all that FED bs is over." Congratz!
Thanks to the people in this thread btw, I always enjoy reading new stuff in here.
I'm now invested and interested in the stock market for around 12 months, I think I got more diverse experiences than I would have gotten if I had started 3 years ago. Crazy year! Also, it's awesome how much more relaxed you become with some experience. At the beginning I was totally stressed out because of every position that went negative and cheered the whole day when something went up a couple hundred. Now I found some stocks that I am confident in, and allthough I check them every day I will let them ride and only very occasionally make some additional "a few weeks" trades when I see something cheap.
Also a recommendation for the tradingview.com charting tool. I use the free version and it has everything I need. Since freestockcharts wasn't accessible anymore via Chrome I was looking for something new, and tradingview imho is even better!
Ether_Snake
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Good for you, I'm still down 20% on it lol.
thestopsign
Member
I just started investing really this summer, so I don't have a huge amount in the market. If I sold on today's gains alone it would be more than my weekly salary though. I bought about half of my stock for it at 31 and before that at 37, so I am up about 50% total on it. I think I am going to hold until it gets in the 60s, as it seems destined to get at least that high. I wish I just dumped all my savings in SCTY when it was down at 24, as I knew it would bounce back up fast. Couldn't convince myself of taking that risk though.
Christmas came early hm
Watch around 47, 48$ mark... if that breaks it could go down as fast as it went up. A thing I often read about for that situation is sell half for the money and let the other half ride. Think waiting till the 60s is a good option for the other half, I'm no chart expert but looking at it I think this won't go above the low 60s$ for at least some time.
ClosingADoor
Member
Set a stop limit just to be sure. Lock in a part of those profits and get out at when needed.
European market didn't agree with me the last week. Everything down, down, down. Let's see how it goes the rest of the month.
Melon Husk
Member
No risk, no reward. Close enough.
thestopsign
Member
Thanks for the advice!
thestopsign
Member
I ended up selling all my SCTY today at $58. It was up close to 70% for me. Definitely a nice little holiday bonus.
I might jump back in to SCTY if it drops below $50 for some reason again.
I might jump back in to SCTY if it drops below $50 for some reason again.
Ether_Snake
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CAD now at 71. Still confident it will reach 68c, but probably 65c in a few months.
I bought it at 24, chickened out when SCTY kept no dropping and sold it at a loss. Kicking myself hard after the Climate deal happened.
edit: Also today didn't start out so bad. Then my entire port went RED in the afternoon. =|
edit2: Sweat drop. The Loss continues to Friday.
ZeezbruhTV
Member
SCTY up 40% in 2 days...why do I have no money??
ClosingADoor
Member
Borrow some money and start!
Never do this
And don't think about that too much. If you missed the jump, chances it is going up again are pretty low I think. It already is back to almost it years high.
Scarecrow
Member
I'm finally getting off my ass to invest my funds into Vanguard so they can grow for a few decades. But I'm having problems that I could use some help with:
When trying to sign up for Vanguard, they want my US address and phone number. I don't have either of these, as I'm living and working all over the world (currently in Vietnam). I figure I can give them my parents address and phone, but don't know if that's good enough.
I tried looking through the site for info about this issue, but can't find anything.
Could anyone here help me out with advice? Should I just provide my parents contact info?
When trying to sign up for Vanguard, they want my US address and phone number. I don't have either of these, as I'm living and working all over the world (currently in Vietnam). I figure I can give them my parents address and phone, but don't know if that's good enough.
I tried looking through the site for info about this issue, but can't find anything.
Could anyone here help me out with advice? Should I just provide my parents contact info?
Due to tax stuff I have to sell one loser stock - Apple or Twitter - at a loss before years end. I don't see Apple going below 105, but if it does it will prbly drop significantly lower. Twitter is imho not likely to bounce anytime soon if next earnings are not unexpectedly great.
Which one? And would you sell now or wait?
Which one? And would you sell now or wait?
ClosingADoor
Member
I'd drop Twitter. Don't see that company recovering soon back to its highs. Apple is a lot more secure I think.
mmazurkiewicz
Member
so I posted this question in February and I guess the answer turned out to be Amazon.
now lets figure out the the answer for 2016.
BeforeU
Oft hope is born when all is forlorn.
Why do you say that?
Any REIT stocks?
I am in Canada so here are the two I like
CUF-UN.TO
DIR-UN.TO
Ether_Snake
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I got VNQ. Bought with USDs some time ago.
edit: I was down only 0.53% today because my usually-horribly-performing stocks did great (DDD, SSYS, SCTY).
BeforeU
Oft hope is born when all is forlorn.
Well you can never time the market
it could have gone either way lolI know, that's why I keep few grand cash on my account just in case, but I never have anything left when this type of fluctuation happen.
Why is it that every time I buy something the following day some bad stuff happens in the world? I know long term an such, but it just isn't fun when you watch something for weeks, you are confident support will hold and this level is a great time to buy and the following day NK detonates that shit and you have to fear that support will break.
Ether_Snake
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That nuke test is nothing to sweat at. It's what is happening in China that is driving the stocks down.
ClosingADoor
Member
Ouch, -4% in Europe already. This month is going to hurt.
What is the logic behind China stopping their markets again this morning. Of course when trading resumes people will start selling again.
What is the logic behind China stopping their markets again this morning. Of course when trading resumes people will start selling again.
Ether_Snake
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They did the same last time. Wouldn't even surprise me to see them stop all trading eventually for days. They can't really stop this until the economy stabilizes.
David Incorporated Esq.
Member
So what's the thought on a longer term impact? Was this just a "oh shit get my money out before they close the market" frenzy last night, or representative of something larger?
Feeling very trepidatious right now, as this whole year has been one long wait for the other shoe to drop.
Feeling very trepidatious right now, as this whole year has been one long wait for the other shoe to drop.
China's imploding, emerging markets aren't improving, can't really see progress in US & EU either. Valuations are still near historic highs, no matter how you look at it. Correction is needed.
At the same time...interest rates are too low, bond yields are too low, real estate is overvalued and presumably will be negatively impacted by rate increases. What's the alternative?
Personally, I don't see any reason for either a huge crash or a rally. Sideways market?
David Incorporated Esq.
Member
That's what's felt so odd this year. Like there's not much upward drive, but nothing to knock the legs out from underneath the market. I picked up SPY at a little under 196, though, so watching the overnight drop below that level gives me the willies.
Ether_Snake
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I think Shanghai will go down to around 2300. Said 2700 a few months ago but it looks like it could go lower still if there is a feedback loop where it takes down other countries with it which would reduce China's exports even more.
Good points. Fear will be a big factor. Will China keep crashing? Will the fed keep raising rates? China had a good day and job numbers were better than expected today and the market is struggling to stay in positive territory. We are going into earnings season so that will play a factor. Anything other than great news will make stock decline I think. China big stockholders will be allowed to sell on Monday after a 6 month ban. So I'm expecting another down day, though now they are only allowed to sell 1% of their holdings so maybe it won't be to bad.
I'm banking on a bigger correction and hopefully an overshoot.
I'm thinking China will end up in the 2500 to 2800 range. But I'm just making numbers up.
I'd like to make a play on oil some how. Demand should be low for another couple of months. But share prices have not gone down like they did a few months ago.
BeforeU
Oft hope is born when all is forlorn.
I transferred some extra yesterday, but it will take at least 3-4 days to show up on my account. So I hope it goes even more down next week and doesn't recover anytime soon until I buy more lol.
Honestly guys in 5 years it wont even matter, most of my money is in VUN.TO, XEF.TO and XEC.TO.
Honestly guys in 5 years it wont even matter, most of my money is in VUN.TO, XEF.TO and XEC.TO.