Current Events > Explain stocks to me so I can go out and start making bank.

(+) Yeah! (+)

Lord knows the education system never taught me lol

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no, do your own homework kid

Invest in Kitt Koin

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It's the same as gambling but people don't like to call it that.

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Reis posted...

no, do your own homework kid

Be cool for once, Reis.

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buy some airline stocks

people will be travelling again eventually

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DocileOrangeCup posted...

Invest in Kitt Koin

Not a bad idea. That's why I like having you around.

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Its called called board search feature. Type in stocks or gamestop and find 100 topics of information

EricDraven59 posted...

Its called called board search feature. Type in stocks or gamestop and find 100 topics of information

It's called shut the fuck up and get the fuck out. Take your common sense with you.

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1. Buy stock
2. ???
3. Profit/Loss

But seriously, each company that is publicly traded has a certain price point per share that is always fluctuating. Some drastically, others not so much. Some rising, some falling, some stay in the same general range for a long time.

If company A's shares are $5, then you pay $5 for one share. The hope is that once you've bought one or more shares at that price that the cost of the share will go up after you bought it. So if you buy 100 shares at $5/share, then the stock goes up to $6/share, the $500 you spent is now worth $600. You can choose to hold on and hope it goes higher or sell it for a profit of $100.

If you sell for a profit after holding the stock for less than a year, you pay more in taxes than you would if you hold the stock for a year or more.

Conversely, if you buy 100 shares at $500/share and the stock goes down to $4/share, then the $500 you spent is now worth $400. You can choose to hold on in the hopes that it goes back up or sell and cut your losses.

Generally a long term strategy is the most advantageous, but there are pros and cons to day trading (buying and selling a particular stock within the same day), too.

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CableZL posted...

1. Buy stock
2. ???
3. Profit/Loss

But seriously, each company that is publicly traded has a certain price point per share that is always fluctuating. Some drastically, others not so much. Some rising, some falling, some stay in the same general range for a long time.

If company A's shares are $5, then you pay $5 for one share. The hope is that once you've bought one or more shares at that price that the cost of the share will go up after you bought it. So if you buy 100 shares at $5/share, then the stock goes up to $6/share, the $500 you spent is now worth $600. You can choose to hold on and hope it goes higher or sell it for a profit of $100.

If you sell for a profit after holding the stock for less than a year, you pay more in taxes than you would if you hold the stock for a year or more.

Conversely, if you buy 100 shares at $500/share and the stock goes down to $4/share, then the $500 you spent is now worth $400. You can choose to hold on in the hopes that it goes back up or sell and cut your losses.

Generally a long term strategy is the most advantageous, but there are pros and cons to day trading (buying and selling a particular stock within the same day), too.

This is actually super informative. Thank you. I'm actually mildly interested.

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How do people on here know all the ins and outs of how scalping a PS5 works but act like stock trading is impossible to comprehend lol

GET HIGH AND BUY HlGH


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Be on the lookout for the next meme stonk and dump your life savings into it

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Hands instead of paper hands. I am no finance guru, but if due diligence is done properly, you can get some decent gains.

I picked up quite a bit of trader lingo the last few days and having some fun on the AMC rally.

shironinja posted...

It's the same as gambling but people don't like to call it that.

It can be.

If I buy a bunch of shares of Disney and Microsoft, that's not gambling. I expect those companies to still be going strong in 50 years. There are different types of stocks too, growth stocks, dividend stocks, penny stocks (which I usually avoid), etc. Also ETFs.

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Step 1:
Step 2: ???
Step 3: Profit

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Vyrulisse posted...

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Damn_Underscore posted...

It can be.

If I buy a bunch of shares of Disney and Microsoft, that's not gambling. I expect those companies to still be going strong in 50 years. There are different types of stocks too, growth stocks, dividend stocks, penny stocks (which I usually avoid), etc. Also ETFs.

MSFT is in my portfolio as well and gambling on this is safe because I understand their products and they have good working relationships with various political leaders.

DIS will be around but it would only take a negligent CEO to grind the company into the ground or liquidate further assets to China.

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shironinja posted...

MSFT is in my portfolio as well and gambling on this is safe because I understand their products and they have good working relationships with various political leaders.

DIS will be around but it would only take a negligent CEO to grind the company into the ground or liquidate further assets to China.

If you want to be really safe, look for the Dividend Aristocrats that have been consistently increasing dividends for decades.

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Damn_Underscore posted...

If you want to be really safe, look for the Dividend Aristocrats that have been consistently increasing dividends for decades.

I dislike dividends. Dividends are basically Depends adult undergarments.

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shironinja posted...

It's the same as gambling but people don't like to call it that.

This. A large majority of the people who trade stocks (as opposed to people who make safer long term investments) lose money.

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lol how

Dividends + reinvestment is a fantastic way to grow wealth.

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Note that I say it is gambling but do not mean anything negative by it.

I generally don't gamble but am willing to do so if it is money I don't mind losing.


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I mean how are dividends bad.

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Damn_Underscore posted...

I mean how are dividends bad.

They set an expectation. Like... you are in a company to get paid. It's foolproof!

Just like Depends adult undergarments will always keep you dry.

I have done significant work to release my expectations. I expect to die penniless and alone. I only throw money into companies that I believe in because I actively use their products, see their inefficiencies / opportunities, and observe how the company evolves as part of my due dilligence.

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I mean yes, that is a large reason why the stock market exists. Everyone who has a 401k or IRA is relying on the stock market to continue to grow and also pay them dividends where applicable.

A stock with a dividend will always have that as a selling point over stocks that don't have them. You have to mix stocks with no dividends that tend to grow faster and stocks with dividends that tend to be more stable. Dividend reinvestment goes hand-in-hand with being in the stock market to build your net worth over a long period of time.

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https://www.youtube.com/watch?v=SYc6QmaGnYc

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Just find a broker you like, buy some shit that will be around forever and wait until you retire. Then cash out.

There are other riskier strategies that make you more but a basic buy/hold plan will give you a good nest egg.
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lilORANG posted...

Just find a broker you like, buy some shit that will be around forever and wait until you retire. Then cash out.

There are other riskier strategies that make you more but a basic buy/hold plan will give you a good nest egg.

That honestly sounds like a plan.

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shironinja posted...

It's the same as gambling but people don't like to call it that.

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You buy them then sell them at a higher price

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