Left Coast Discord Watch

a project by Left Coast Right Watch News

The J-DEN / Text Channels / finance

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:40

Not financial advice

Message permalink: 806745938923749457

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:40

Message permalink: 806746029973569567

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:41

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

Message permalink: 806746155748294686

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:41

Message permalink: 806746181433688114

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:41

Yeah fuck nah

Message permalink: 806746205686071306

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:41

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

Message permalink: 806746314917281823

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:41

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

Message permalink: 806746323146899466

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:42

Wiped out my gains on the way down

Message permalink: 806746371649699880

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:42

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

Message permalink: 806746514058772550

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:42

And GME isnt gonna be on of those plays 😅

Message permalink: 806746573949108264

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:43

"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

Message permalink: 806746623337955378

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:43

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

Message permalink: 806746718279565322

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:43

Typical reddit people pretending to be smarter then they really are

Message permalink: 806746808050515988

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:44

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

Message permalink: 806746893550878741

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:44

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

Message permalink: 806747084035194980

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:44

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

Message permalink: 806747109990334486

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:45

I could have just saved my ass

Message permalink: 806747175945895959

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:45

Have an entry and exit strategy

Message permalink: 806747208786771998

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:45

If a stock doubles in one day, sell it

Message permalink: 806747266991915010

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:45

Not financial advice

Message permalink: 806747291733458954

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:45

Honestly u think anyone trading on some app is an amateur

Message permalink: 806747311166324766

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:46

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

Message permalink: 806747409350787102

stat cats
(id: 661800517911052288)

04 Feb 2021 04:46

You’re already losing if you’re day trading

Message permalink: 806747453982375957

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:46

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

Message permalink: 806747464890974218

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:46

I've always just stuck to swing trading.

Message permalink: 806747532490440714

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:46

Yep

Message permalink: 806747557740937237

stat cats
(id: 661800517911052288)

04 Feb 2021 04:47 edited: 2021-02-04T04:47:35.144+00:00

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

Message permalink: 806747722295017502

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:47

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 %

Message permalink: 806747865195872318

baby bonnet
(id: 432995728072245249)

04 Feb 2021 04:48

I invest in whatever racists on the internet tell me to

Message permalink: 806748027049607249

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 04:48

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.

Message permalink: 806748052358168637

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:49

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

Message permalink: 806748127163580416

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:49

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

Message permalink: 806748307417989120

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:49

Not financial advice

Message permalink: 806748323905667112

baby bonnet
(id: 432995728072245249)

04 Feb 2021 04:49

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

Message permalink: 806748332697452554

stat cats
(id: 661800517911052288)

04 Feb 2021 04:50

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

Message permalink: 806748526495006730

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:50

Ill fully agree on that dude

Message permalink: 806748603388395541

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 04:51

I was gonna buy a trailer

Message permalink: 806748650981556236

stat cats
(id: 661800517911052288)

04 Feb 2021 04:52

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

Message permalink: 806749032390852669

stat cats
(id: 661800517911052288)

04 Feb 2021 04:54 edited: 2021-02-04T04:55:15.966+00:00

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

Message permalink: 806749553088790571

baby bonnet
(id: 432995728072245249)

04 Feb 2021 04:55

Imagine how many Funko pops they could buy

Message permalink: 806749695032426507

stat cats
(id: 661800517911052288)

04 Feb 2021 04:56

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

Message permalink: 806750099803471872

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 05:11

Message permalink: 806753681788764211

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 05:11

Real post....

Message permalink: 806753709665026080

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 05:11

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

Message permalink: 806753799498498088

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 05:11

These people....

Message permalink: 806753814224830465

BoobaFischer
(id: 803885596217049088)

04 Feb 2021 05:11

i will invest $100 in the next ticker posted

Message permalink: 806753839985721384

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 05:12

Message permalink: 806753912937512980

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 05:12

MVIS

Message permalink: 806753948328787998

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 05:12

Not financial advice

Message permalink: 806754008551260190

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 05:13

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

Message permalink: 806754159130181642

BoobaFischer
(id: 803885596217049088)

04 Feb 2021 05:13

thank you for your financial advice

Message permalink: 806754250162962452

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 05:14

Yeah run it by your financial advisor first 😂

Message permalink: 806754498558689280

chad_king
(id: 715871891465830421)

04 Feb 2021 05:23

"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

Message permalink: 806756701755539536

tj
(id: 203155559354990592)

04 Feb 2021 05:23

we will move on to real plays here

Message permalink: 806756862321885245

tj
(id: 203155559354990592)

04 Feb 2021 05:23

:cigar:

Message permalink: 806756871742029876

chad_king
(id: 715871891465830421)

04 Feb 2021 05:26 edited: 2021-02-04T05:26:38.834+00:00

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

Message permalink: 806757535092441110

BoobaFischer
(id: 803885596217049088)

04 Feb 2021 05:27

but how will i 10x

Message permalink: 806757703883948053

chad_king
(id: 715871891465830421)

04 Feb 2021 05:27

numbers that you know nothing about that is

Message permalink: 806757760024707103

chad_king
(id: 715871891465830421)

04 Feb 2021 05:28

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

Message permalink: 806757958700367892

chad_king
(id: 715871891465830421)

04 Feb 2021 05:30

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

Message permalink: 806758540433162281

chad_king
(id: 715871891465830421)

04 Feb 2021 05:32

assuming you have other things in order

Message permalink: 806759003349581875

BoobaFischer
(id: 803885596217049088)

04 Feb 2021 05:32

yea if you can live off $8k a year

Message permalink: 806759020768919572

chad_king
(id: 715871891465830421)

04 Feb 2021 05:32

if you have a house paid off

Message permalink: 806759068961865738

chad_king
(id: 715871891465830421)

04 Feb 2021 05:32

easily

Message permalink: 806759088214114324

chad_king
(id: 715871891465830421)

04 Feb 2021 05:35

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

Message permalink: 806759771503067166

Tom
(id: 124378878192910336)

04 Feb 2021 05:42

2 billion? What are they fucking retarded

Message permalink: 806761685561901056

Tom
(id: 124378878192910336)

04 Feb 2021 05:43

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

Message permalink: 806761885319430175

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:21

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

Message permalink: 806771381354233896

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:21

index funds barely challenge inflation lol

Message permalink: 806771416539987968

chad_king
(id: 715871891465830421)

04 Feb 2021 06:24

you dont know what youre doing lol

Message permalink: 806772113088053289

chad_king
(id: 715871891465830421)

04 Feb 2021 06:24

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

Message permalink: 806772219786166293

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:25

do you know what swing trading even is?

Message permalink: 806772378796687413

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:25

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

Message permalink: 806772491522408478

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:26

Index funds aren’t safe anymore from rapid swings

Message permalink: 806772554899521566

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:26

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

Message permalink: 806772659282903070

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:26

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

Message permalink: 806772771157835806

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:27

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

Message permalink: 806772854548725760

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:27

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

Message permalink: 806772979153371146

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:27

Minus inflation

Message permalink: 806773017077743657

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:28

Which is much higher than 3%

Message permalink: 806773048358469644

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:28

exactly

Message permalink: 806773090246721556

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:28

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

Message permalink: 806773137705271317

chad_king
(id: 715871891465830421)

04 Feb 2021 06:28

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

Message permalink: 806773158577307648

chad_king
(id: 715871891465830421)

04 Feb 2021 06:28

since you like looking at charts

Message permalink: 806773203950501908

chad_king
(id: 715871891465830421)

04 Feb 2021 06:29

FXAIX

Message permalink: 806773287761346560

chad_king
(id: 715871891465830421)

04 Feb 2021 06:29

Message permalink: 806773370217299968

chad_king
(id: 715871891465830421)

04 Feb 2021 06:29

VFIAX

Message permalink: 806773474101428244

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:29

Listen dude

Message permalink: 806773502387814511

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:30

LOL

Message permalink: 806773602232958986

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:30

its up $15 in the past year

Message permalink: 806773631685885972

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:30

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

Message permalink: 806773660383576094

chad_king
(id: 715871891465830421)

04 Feb 2021 06:30

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

Message permalink: 806773760941359124

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:30

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

Message permalink: 806773779363528775

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:31

i own a rental property lmao....

Message permalink: 806773820370976769

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:31

how many houses do you have?

Message permalink: 806773851295580191

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:31

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

Message permalink: 806773973567406080

chad_king
(id: 715871891465830421)

04 Feb 2021 06:32

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

Message permalink: 806774083718217748

InfluentialGroyper
(id: 775188213958574101)

04 Feb 2021 06:32

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

Message permalink: 806774090495950849

chad_king
(id: 715871891465830421)

04 Feb 2021 06:32

but the stock market will remain largely unaffected

Message permalink: 806774188568215602

Terror_Sperg
(id: 525312745709764610)

04 Feb 2021 06:32

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

Message permalink: 806774208641761281