The J-DEN / Text Channels / finance

Not financial advice

"BUY AND HOLD, EVEN IF YOUR COST PER SHARE IS $200!"

Yeah fuck nah

"Why would we buy and hd that stock? Yea its historically excels but you must be a hedgie BAN"

I had to be stupid and buy more shares when it went from 360>210

Wiped out my gains on the way down

Hopefully i can get some good plays in and grow my portfolio

And GME isnt gonna be on of those plays 😅

"Even though sales of physical video game copies are at the lowest point in years, gamestops stock will more then doubled its usual value because of FUNKOPOPS

You couldnt even tell if it was sarcasm or pure stupidity thats what worried me

Typical reddit people pretending to be smarter then they really are

Its the typical bell curve meme where the people in the middle are actually the most retarded

Mid wits try and use their brain too much when they should just trust intuition.

Fact is all those idiots in the call bragging about being able to have unlimited day trades with a 25k+ account... next week they will lose most of it lmao

I could have just saved my ass

Have an entry and exit strategy

If a stock doubles in one day, sell it

Not financial advice

Honestly u think anyone trading on some app is an amateur

I have a stock trading broker account through my bank I set up before Robin hood or wealthsinple existed

You’re already losing if you’re day trading

And im rusty at trading its been a year since i was going wild making risky profitable moves with pure luck. I shit the bed on this one

I've always just stuck to swing trading.

Yep

I just bought silver and I don’t plan on ever selling it short term barring a random moonshot.

I look at the max chart for a stock to see it its a decent stock, then I go to the one year chart and see if we are at a low point. Then I wait a couple months and sell when it peaks. I've always had success with that strategy and I've never looked at volume, market cap, liquidity, or short %

I invest in whatever racists on the internet tell me to

People i know irl who focus so hard on the numbers almost always lose. I look at the graph and make my decision based on only that.

See this is why we mostly broke even or failed. We listened to reddit cringelords

Just strictly listen to racists online and sprinkle on boomer tier stock knowledge and win

Not financial advice

So true. Should've asked them what their favorite statistic is before listening to them

you can probably tell whether someone’s giving you good advice based on what they’d spend their earnings on

Ill fully agree on that dude

I was gonna buy a trailer

I don’t really trust these reddit people who would buy a new car or pay off unsecured debt or pay for college rather than buy land

if their ambitions are just to participate more in liberal consumer capitalism I cant trust that the inside info they are giving is legitimate

Imagine how many Funko pops they could buy

What’s worse. Buying 20000 funko pops or paying 200k for 1 college degree

Real post....

Gme isn't only going to rise back above 400....its going past 2 billion

These people....

i will invest $100 in the next ticker posted

MVIS

Not financial advice

And not advice but tomorrow it should dip 8.65 is a decent buy in not financial advice heard it from boomers

thank you for your financial advice

Yeah run it by your financial advisor first 😂

"I look at the max chart for a stock to see it its a decent stock, then I go to the one year chart and see if we are at a low point. Then I wait a couple months and sell when it peaks." bruh... you're the middle of the bell curve or lower

we will move on to real plays here

:cigar:

the real play is to put your money into index funds, get a good job, and not waste your time thinking about numbers going up so much

but how will i 10x

numbers that you know nothing about that is

if there's something that you really believe in (e.g. telsa and crypto bros) than put 10% of your saving into it

once you save up 200k in index funds, you could probably retire from just the profits of that alone

assuming you have other things in order

yea if you can live off $8k a year

if you have a house paid off

easily

property tax under 2k, food at 3k, 3k for other expenses, free health insurance

2 billion? What are they fucking retarded

They literally broke their own skull open, fucked their own brain, shat on it, stomped it to a pulp and put it back and that's how they came up with that post

swing trading by looking at charts will make way more money then just sitting in an index fund

index funds barely challenge inflation lol

you dont know what youre doing lol

I'll be working out and playing video games while youre sitting there looking at charts

do you know what swing trading even is?

And to add. The entire stock market is getting very volatile

Index funds aren’t safe anymore from rapid swings

if you want to be a long term investor just diversify a portfolio yourself and hold it

With the governments of the world slipping and accelerating lockdowns and other dystopian shit, business are at the mercy of whatever shit is going on

when im investing in the stock market i only make trades every few weeks or months and can get an average of 20-30% gains

meanwhile an index fund is seen as successful when its making 7% a year lmao

Minus inflation

Which is much higher than 3%

exactly

I tell everyone. Gas and food dont go up much. Its assets that go up

youre retarded... a volitile market means that the safest place for investment is an index fund. Just look at the largest index funds

since you like looking at charts

FXAIX

VFIAX

Listen dude

LOL

its up $15 in the past year

If we make some good trades now and double our starting investment and then put that into index funds when we hit 30 then we can talk

lol probably talking to people with under 10k in their bank accounts

if i want a buy and hold / passive income investment id buy a rental property.....which i already have

i own a rental property lmao....

how many houses do you have?

Chad you think there is gonna be a country left in 20 years?

probably... not the america I grew up in fo course

My goal is turning my assets into lots of assets really fucking fast

but the stock market will remain largely unaffected

my property value outperformes etfs, and it put a cheque in my bank 4 days ago