Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .

D24OHA

Rising Star
BGOL Investor
Alright what are you guys using to trade? Has that been covered?

Robinhood vs Acorn vs Cashapp vs traditional companies.....?
 

xfactor

Rising Star
BGOL Investor
A lot of offerings today. Damn!
These companies are trying to strike while the iron is hot. I would expect a lot of selling with those that did, depending the the offering and the discount they got it at.

the big boys get paid while the retail investors will suffer (as usual).

$MRNA raised $1B - I wonder how much will go to BoD and executive bonuses :rolleyes:
 

Tito_Jackson

Truth Teller
Registered
I just bought some Spirit....thx for the info
I think this is a good move. Be emotionally prepared. As the economy attempts to get back to normal there will be news and info that may affect how airline stocks are behaving. Set a stop loss at what you are comfortable to lose. Do not get spooked if it dips. Remember, this is a long play. Nonetheless, I am with you on this one. So, I will be sure to drop updates, etc as I see them regarding this particular holding.
 

xfactor

Rising Star
BGOL Investor
Silver been making headlines
When the Monopoly money is worthless (the Democrats are already setting it up, led by Pelosi, the gold and silver will be the only currency that is tangible).

FDR was the most corrupt President we had in the last 100 years and it is about time for another economic fleecing of the people, led by the banking cartels.
 

head214

Rising Star
BGOL Investor
Question all, which would you utilize, SoFi, M1, E-Trade and what is the difference? If there is any.
 

Thrill3Seeker

Rising Star
BGOL Investor
Question all, which would you utilize, SoFi, M1, E-Trade and what is the difference? If there is any.
I would use whichever one allows the earliest pre-market trading. Ot sucks if you have Robinhood and can only trade one hour before opening. Webull starts at 4est and Think or Swim starts at 7EST.
 

Tito_Jackson

Truth Teller
Registered
I would use whichever one allows the earliest pre-market trading. Ot sucks if you have Robinhood and can only trade one hour before opening. Webull starts at 4est and Think or Swim starts at 7EST.
I think it depends on your experience level. Robinhood is good because it is just the basics you need to trade. Beginners do not need all the extra tools distracting them from understanding the basics of trading.

However, if you are a fast learner do webull.......BUT.........start off with the paper simulation. You can practice trading without using real money.
 

Mr.Chuckles

Chuckle
BGOL Investor
been betting on airlines lately i knew they would come back however anyone invest in stocks that pay dividends if so drop some gems or pm me some good stocks that pay well.
 

Tito_Jackson

Truth Teller
Registered
These two airline stocks pay dividends
  • Delta has a dividend yield of 5.987%
  • American Airlines has a dividend yield of 4.073%

Also, there are quite a few that pay dividends. In fact, I just got paid today from Apple, which isn't much. But it is cool to see that extra few dollars paid to you just because.

Regarding choosing a dividend stock, you will have to decide what is most important to you. A steady stock, a high yield, quarterly, monthly, etc......
 

xfactor

Rising Star
BGOL Investor
The first part is not true. you only have to hold before the ex-dividend date.

for example:

If the ex-dividend date for a stock is 5/21, it means you have to buy the stock before trading ends of 5/20. On 5/21, you can sell the stock and still get the dividend because you will still register as a shareholder of record.

the second part is correct but also keep in mind that MARKET MAKERS will DECREASE the PPS based on the dividend by default so the real profit short term is the difference between the dividend payout and the rebound of the stock after it is dropped.

Oh yeah, here is some game. You only need to own a stock for two business days in order to be paid a dividend. So, what some wealthy investors do is buy before dividend schedule dates and dump afterward.
 

Tito_Jackson

Truth Teller
Registered
My trailing stop loss for UCO triggered and sold at $20.68. I will wait and see if UCO keeps falling and will repurchase at a lower value.

I bought at $12.56, so I made a nice profit. If I can buy low, sell high and buy low again, that is text book day trading.

Nonetheless, you newer traders should ALWAYS plan for your loss. Meaning set a stop loss at a number where you comfortable at. If you want to never lose more than 10%, set it, 5%, 15%, what ever. But, in order to keep your profits and consistently earn more than you lose, you must mitigate your losses from the very beginning. Everyone loses at some point. But, you can control how much you lose everytime.
 

Flawless

Flawless One
BGOL Investor
Oh yeah, here is some game. You only need to own a stock for two business days in order to be paid a dividend. So, what some wealthy investors do is buy before dividend schedule dates and dump afterward.

No, this is what noobs and people who constantly lose money in the market do.
 

BronxBomber

Rising Star
BGOL Investor

D24OHA

Rising Star
BGOL Investor
Makes sense but man, Amazon has so many tentacles something is BOUND to go wrong. Especially with what's coming as far as there being 10 major businesses in the US :crymeariver:

Honestly they are so big even when they make a mistake its swallowed up and its not even seen.

They want their apparel network and retail space.....

JCP was one of the few department stores that when they didn't anchor a mall they owned most of the real estate for their stand alone stores....

Jcp standalones but more importantly their distribution hubs would fit right into the Amazon system. Stand alones could be new concept stores... possibly a Whole Foods Amazon express with contact less payment....

In the long run, Amazon will hit too big to fail status.... not quite there yet.... but it's getting there.
 

BronxBomber

Rising Star
BGOL Investor
They want their apparel network and retail space.....

JCP was one of the few department stores that when they didn't anchor a mall they owned most of the real estate for their stand alone stores....

Jcp standalones but more importantly their distribution hubs would fit right into the Amazon system. Stand alones could be new concept stores... possibly a Whole Foods Amazon express with contact less payment....

In the long run, Amazon will hit too big to fail status.... not quite there yet.... but it's getting there.


Yep agreed, I believe its already to big to fail. Can you imagine these times without amazon? Not just the service but they are still one of the few businesses that were still hiring.
 

Tito_Jackson

Truth Teller
Registered
No, this is what noobs and people who constantly lose money in the market do.
As with anything, people are entitled to take advantage of the market as they see fit. If anyone says that there is only one way to invest or that their way is best, they are being disingenuous.

However, here is a great opportunity to educate.

There are several stocks that pay dividends of 7% and up. But, to make it easy, let's assume a 8% yield. Dividend yields are quoted annually. The quoted 8% would pay 2% quarterly. (8% ÷ 4 quarters) = 2% per quarter. A person with $1000 of shares of a stock would be paid $20.00. Not much for most people. However, let's imagine you were a millionaire with a million dollars available to invest. Now that 2% dividend yield just made you a quick $20k.

In my original post, I was intentional in stating that the practice of buying dividend stocks before payouts and then selling is something that the wealthy takes part in. The wealthy have several tools at their disposal to generate passive income. Now, imagine doing this practice all year with 50 different dividend stocks. This could potentially generate 1M per quarter.

My point? Low end investors do not see this practice as fruitful because the risk, work, reward payout isn't worth it. But, for the super wealthy, this is just another avenue to get richer. So, if this is what being a noob looks like...............can't wait.

 

head214

Rising Star
BGOL Investor
Closed at $3.37, dropped to $3.10 in AH and is now over $4.10. Went up $1.00 PPS in about 90 seconds. Company is from Israel so if there is an offering it will come in pre-market or right at open tomorrow.

And this shit was under $1.00 in pre-market trading this morning :lol:
Happy I got in some time back at .65
 
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