Current Events > so how do i play the stock market

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SauI_Goodman
05/09/20 6:43:17 PM
#1:


do i just need to enter my debit card information and buy stocks. i got a good feeling about buying some airline stocks since everything reopening soon. lots of people want to travel asap.

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Butterfiles
05/09/20 6:47:33 PM
#2:


you can only buy on sundays

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monkmith
05/09/20 6:50:14 PM
#3:


sell low, buy high!

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Doe
05/09/20 6:53:41 PM
#4:


As a general rule, stocks and the market gain value over time.

"Play" the stock market implies you want to predict it in a way, ie find some cheap lucrative stocks to ride and get rich off of. This is a dim hope because there are people whose jobs are basically to do just that, and even they aren't very good at it.

Everyone that trades daily has likely already thought about airline stocks and made their decision to invest or not. So in that sense we consider the future risks to the stock to already be "baked in" to the price they're at. It's not impossible that going all in on Boeing will net a higher return than the market average, but it's not particularly likely either.

The strategy with good return for very minor risk is to "diversify your portfolio." If you're invested a little bit into a lot of different, unrelated industries, then even if some underperform, most will increase steadily and some will over perform.

If you're looking to put in $50 and take out $100 in a couple days then you should be very ready to see that $50 not move very much or even vanish if your cheap stock's corporation goes under, especially in these chaotic times.

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Dark_SilverX
05/09/20 6:56:17 PM
#5:


Stock Market is doing good right now, so invest.

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Biscotti
05/09/20 6:57:11 PM
#6:


In old russia, there is no stock market.

If there was one, it would play you.

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SauI_Goodman
05/09/20 6:57:15 PM
#7:


i was being serious guys. or do i have to go to a broker agent or something and give money to him to put it in stocks. i'm clueless how to get started. like if i go to etrader.com how do i proceed.

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apocalyptic_4
05/09/20 6:57:45 PM
#8:


TC dont sound to serious

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SiO4
05/09/20 6:58:09 PM
#9:


Put you money in a piggie bank.
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Doe
05/09/20 6:59:23 PM
#10:


SauI_Goodman posted...
i was being serious guys. or do i have to go to a broker agent or something and give money to him to put it in stocks. i'm clueless how to get started. like if i go to etrader.com how do i proceed.
Look up Robinhood on the app store

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Flockaveli
05/09/20 6:59:29 PM
#11:


You remember the Lester missions in GTA V?

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TheMikh
05/09/20 7:01:47 PM
#12:


incremental investing is key unless you really know what you're doing

Flockaveli posted...
You remember the Lester missions in GTA V?

also this

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SH_expert44
05/09/20 7:02:33 PM
#13:


Watch the movie Quicksilver, every day for 15 years and you will be ready.

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coinstarcad
05/09/20 7:06:13 PM
#14:


Use a ouija board.
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Christian RULES
05/09/20 7:08:44 PM
#15:


How accurate is GTA V? Everything I learned about stocks is from that game

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Prismsblade
05/09/20 7:10:16 PM
#16:


SauI_Goodman posted...
i was being serious guys. or do i have to go to a broker agent or something and give money to him to put it in stocks. i'm clueless how to get started. like if i go to etrader.com how do i proceed.
Most online brokerages are free now, and they all essentially function and do the same thing so which one you choose doeasnt particularly matter outside of aesthetic appeal.

You're also need your banks routing number, and checking or savings account number to set up direct deposits to and from your preferred brokerage.

Lastly what exactly is your goal here? If you're investing in random shit trying to strike gold in stocks you arent going to get far. And even if you did you likely wont have the income to capitalize off it anyways while the irons hot.

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SauI_Goodman
05/09/20 7:58:20 PM
#17:


Prismsblade posted...
Most online brokerages are free now, and they all essentially function and do the same thing so which one you choose doeasnt particularly matter outside of aesthetic appeal.

You're also need your banks routing number, and checking or savings account number to set up direct deposits to and from your preferred brokerage.

Lastly what exactly is your goal here? If you're investing in random shit trying to strike gold in stocks you arent going to get far. And even if you did you likely wont have the income to capitalize off it anyways while the irons hot.
nothing too serious. not trying to be one of those guys who do it for a living. just have some extra money laying around. put half in savings and looking to do something with the rest.

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