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I am curious to see how fast and hard it comes crashing down.
I was saying the same thing when it was up 300% this morning.
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I am curious to see how fast and hard it comes crashing down.
I was saying the same thing when it was up 300% this morning.
I looked on Tdameritrade for maybe getting some puts, but does not seem to be a possibility?
Lol, it is halted again! I bet lots of peeps trying to cash out and can't and getting nervousThey were at $1 a share with low volume before today. No options available for this one.
so, is everyone on here dedicated day traders? or a lot of people that just play the market on the side. i was thinking about putting a couple hundred dollars in every month or two and picking a stock to invest in just to build up some stocks. Is this a bad idea? Obviously i know there is risk, but this is more extra income i was looking to invest in a different way. My thought was to hold the stocks, not really trade daily. It seems like that would be way above my pay grade.
It seems like that might not be enough money to make a difference, but i figure over time it might build up into a side hustle.
I'm a buy and hold kind of guy. You strategy is a good one... but I would suggest buying into an index fund or spider that mirrors the market. Buy a little every month, and don't look at it too much. Check it out in like 5 years.
My general financial advice is:
1. Pay off high interest debt (credit cards, etc)
2. Build 6 months savings
3. Max out 401k... that should be all index funds, if you are more than 20 years from retirement, keep a high percentage in stocks, as you move closer to retirement move from stocks into bonds and cash (a good rule of thumb is subtract your age from 110, and that is the percentage that should be in stocks... I'm a bit more aggressive than that though).
4. If you have disposable cash after the above, start to invest in stocks in non-retirement accounts... invest a little every month. Again, I'd go with index funds until you hit around $100k, and then you can start looking at individual stocks.
Look at consistently hitting singles instead of home runs.
except BYND which is already a loser. My timing is garbage.
For months now every time they tease a stimulus package is near the market rallies. Anyone think we'll get one in the next 30 days?
Thanks! Nothing better than relaxing under a palm tree on Pacific Beach, SD and being up 15%.your timing is relative.
you are now up 15%
Happy Wednesday!