Investing

FudgingEgo · 2021-01-30T11:38:03+00:00

This isn’t investing this is a quick once in a lifetime situation.

If you want to invest buy the tech companies and leave your money in there.

Soon all these stocks will dive and some poor souls who don’t know what they’re doing will have held too long and gone broke.

Anestetikas · 2021-01-30T10:54:59+00:00

STAY AWAY!

The train has already left. If you go in now you will be a bag holder.

There is no fundamental value in it at this price. Only Extreme speculation.

The right way to play this was a few weeks ago. Put in some throwaway capital. Get your initial investment out and then ride the train.

Currently the only way is momentum trading that is extremely risky.

If you want to know what happens now look at VW or UONE or any other penny stock.

Were are somewhere around here:

https://imgur.com/a/Hhpd5uT

Cocopopo3 · 2021-01-30T11:23:37+00:00

Benjamin Graham, Smart Investor(1949). Read the book.

Don't chase easy money, it comes and goes easy, fast. Because the nature of it requires it to be :
You are young man who is gonna spend rest of his life earning money. If you learn to get even %10 annual rate for years. You are gonna be a millionaire.

%0.1 chance of getting a lot money could happen for 1 time, but the rest of the times it is gonna fail thus that strategy is not good for following life long.

If you gamble, you can win high but if you keep gambling it is gonna even out and you will loose, basic math.

That's why best gamblers allways the ones who learned to not loose money.

Trp2727272 · 2021-01-30T13:21:59+00:00

If you’re asking these questions you shouldn’t be investing money into anything.

This is realistically a one time pump and dump and you’ll need to know when to get out. From what you’re asking I’m not sure you’d be equipped to know that (no offence, I’m not investing either for similar reasons) but it’s highly dependent on when the short squeeze happens and after that, it’s a one way trip back to zero (this is common knowledge) even people who are holding GME BB etc know this. You’d essentially be gambling, and gambling with less information than your competitors have.

Would you put money into betting on who’s gonna win a random Indian cricket match that you know nothing about? Similar thing.

kovacic93 · 2021-01-30T13:13:19+00:00

Do not do things that you don’t know. Many people will lose money and some that are screaming to HOLD have already made their profits. So, who’ll lose their money are those noobs that are listening to idiots screaming to keep buying and holding.

mindbreeder · 2021-01-30T15:34:50+00:00

I bought in on GME for fun weeks ago. Tbh I did it because wsb makes loosing a bunch of money seem so damn fun. I fully expected my money to evaporate not unlike how I feel when I go play roulette in a casino. This is not investing. It make take place on public markets but its not investing. The only reason the short squeeze is happening is because a bunch of retards (myself included) got behind the stock.

This cake requires 5 ingredients 1. A heavily shorted stock 3. a low enough market cap that retail investors could potentially really move it. 4. High days to cover short positions 5. A stock a bunch on individuals will decide to buy into together to move the price significantly.

1-4 is easy to calculate. #5 is totally random and impossible to predict.

I doubled down on bitcoin after robin hood shut down trading of gme. After all the dust settles all that will be left is a serious realization that 1. the game is rigged 2. The market is not as liquid as they thought 3. Market trust/faith at all time low. My assumption is all these point speak to bitcoins strengths.

Needimprovenentguy · 2021-01-30T11:03:18+00:00

There’s a reason Wall Street is betting against these stocks. As soon as the retail investors stop buying and lose interest, the price will no longer be propped up by short term enthusiasm and the price will go down.

NichRigga- · 2021-01-30T12:54:13+00:00

The short squeeze hasnt happened yet so I think GME and AMC are still good buys. Look for a good entry tho on Monday

Optionsmfd · 2021-01-30T13:15:05+00:00

my advice is to put 15% of your income minimum into a vanguard 500 mutual fund like the institutional fund

use a roth ira or roth 401K if your job has one

do it for 40 year without touching it and for every 100 per month u invest expect a million dollars aka 100 per month equals a million at retirement

NOT including any match

sparusaurata · 2021-01-30T13:34:08+00:00

It's gambling, not investing.

Put aside whatever you can afford, each and every month in one of the Vanguard funds. Ignore what the market does, invest on the 1st of each month, never sell. Wait 15 years to 20 years, retire happy.

150420throwaway · 2021-01-30T17:02:21+00:00

I’m holding some GME and BB, only putting in what I’m willing to lose, sitting on 200% for GME so far, but I cannot call myself an investor as all I did was just join in on the hype and just noticed that the billionaires are fucking idiots to do what they did.

If you think making money is easy, you’re mostly wrong. This is most likely the only time this situation will occur in a long time. Investing is a good thing to do, but you need to learn and not be a retard like some people with their life savings on random shitstocks which are a pump and dump (maybe not GME as there is some good info on why it’s going up, but don’t follow some retarded half wit on Twitter for financial info).

So do what you feel like doing, this isn’t financial advise.

maestrulwro · 2021-01-30T17:05:44+00:00

One thing that wasn't mentioned: after all this, the market has a high chance to crash. Already, lots of other stocks ended on red on Friday.

I'm in and will get out next week, and then I'll buy other things with real value.

Khyrit · 2021-01-30T18:32:00+00:00

BB is a good investment.

TheUnIntelligentx · 2021-01-30T18:45:39+00:00

These people are retarded and don’t know shit about investing. GME,AMC, and NAKD are shit companies and have no values people are just short squeezing them. AMC may have a squeeze but in my personal opinion none of these companies are worth investing in except for Blackberry (BB).

BB will rise because they have partnered with Amazon and Baidu. People don’t know BB is a software company so you can get in early. Also, BB has some social media hype from WSB so it’ll just keep going up as well. I am not a financial advisor but personally I put a bunch of money in BB.

Do your own research and if you believe in the company invest in them. Don’t fall in to the hype and FOMO. Invest in companies that have a future and remember this is a get rich over time not a get rich quick scheme. The get rich quick scheme may happen but it’s unlikely. Look in to NOKIA which is another good stock.

TLDR: BB is the only one worth investing in because of its value. Do your own research for investing and believe in the company. Look in to NOK.

cunningcaring · 2021-01-30T20:51:49+00:00

It's gambling. There is no easy money. Get into the market for the long haul. The market generally goes up over time. I've seen more day traders go broke than get rich.

dolmino91 · 2021-01-30T11:25:56+00:00

Haha Investing?? in a depesssion and financial crisis?? lol good luck

treehauz · 2021-01-30T15:06:02+00:00

Get in crypto! Its about to boom bigger than ever. Stock markets are corrupt, see what they did after game stop boom. Then blocked Buy button xD

Research and invest in these projects: NANO.org Presearch.io Aave.com Synthehix.io

Nano is feeless instant value transaction. (Bitcoins initial purpose, now bitcoin turned into store of value like gold)

Presearch is decentralized search engine.

Aave is decentralized finance engine for lending and depositing w/interest.

Synthetix is the creator of crypto derivatives and yield farming.

Title	Investing
Author	LetterGlittering
Upvotes	6
Comments	58
Date	January 30, 2021 10:05 AM UTC (5 years ago)
Subreddit	Posted in /r/askTRP
Original Link	https://old.reddit.com/r/asktrp/comments/l8il50/investing/
Archive Link	https://theredarchive.com/r/askTRP/investing.734382 https://theredarchive.com/post/734382

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