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Stocks and Investments

Discussion in 'Off-topic Discussion' started by BuddyLee, Feb 1, 2018.

  1. BuddyLee

    BuddyLee Fapstronaut

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    While all of us are trying to recover from a dangerous addiction, does anyone do stocks, investments, look at the prices to see if they fall or rise, buy shares etc... Just trying to see if anyone shares the same interests I do. Been doing stocks for two weeks and trying to see where all the risk takers are...
     
    TheFlash123 and (deleted member) like this.
  2. Wolves

    Wolves Fapstronaut

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    Crypto is a better investment at the moment, as it is a new technology and no not bitcoin. The time to make money with bitcoin was 3 years ago, but there are a lot of competitors in the market which have a huge opportunity for massive gains.
     
  3. AlienOverlord

    AlienOverlord Fapstronaut

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    I've toyed around with stocks and such. I find it kind of interesting just watching the movements and the consistency in patterns. I've stopped paying attention to individual stocks though unless you count forex pairs as individual. I plan to start trying to build a healthy retirement account through a roth ira, not worry too much about the ups and downs, just let the account (hopefully) grow over the next few decades.
     
  4. I have one stock in Ford right now, down like $0.30

    I'm thinking of putting about 100$- 150$ in this penny stock for $1.25 per stock right now. Might make major bank by september
     
  5. Gotham Outlaw

    Gotham Outlaw Fapstronaut

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    Penny stocks? Sounds like some wolf of Wall Street type shit.
     
  6. goliaph

    goliaph Fapstronaut

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    I first tried the art of trading the day before yesterday and emotions just overwhelm me. Dude, you can’t even imagine how much adrenaline you get after a successful deal. In fact, it turned out to be more complicated than I thought. At first, I myself calculated the percentages and profitability of the transaction, but then I found an online calculator on the site https://fbs.com/trading/traders-calculator and this made my work easier. I worked for more than 15 hours and closed about 5 transactions. You can’t even imagine how happy I was when I earned my first 100 dollars. The risk increased every minute, but I acted reasonably. It seems to me that now it is most reliable to trade shares of large companies, and not on Forex, because the currency is very unstable. It seems to me that I can make excellent profits here if I have experience. Are you going to continue?
     
    Last edited: Jun 24, 2020
  7. matt2k12

    matt2k12 Fapstronaut

    i invested in jd.com, alibaba and boston scientific, so far jd has over 30%, alibaba 5% and boston around 0. today i got myself 33 exxon shares as i still think the pe ratio is solid for such a firm. will defo buy an airline stock like delta or united next and then my longtime favorite occi. norwegian or carnival are on my list too. in fact, i will put some cash in one of them tomorrow.

    if u think of investing best way to do is to put your money in low fee index funds like the vanguard for example. everyone will tell you this, and for a reason, just look at the graphs. another solid investition are apple, microsoft and amazon. its like having money only that the value will increase, whereas the value of your money, if stored in your bank account, will decrease because of inflation.

    @edit:
    i dont want to hide the fact that after all i see day in day out i think that the stock market as of now is a huge bubble. the fed prints money out of thin air but who will ever repay their debts?

    the text below pretty much sums it up:

    Stock market gains are just government handouts to investors, paid with taxpayer IOU's. Without the Fed printing money/loaning like mad, huge federal deficits, corporate bailouts, stimulus checks, TARP, etc., the stock market would tanked big time long ago.
    The profits will last as long as we're willing to borrow/steal from future generations (or the house of credit cards falls down)
     
    Last edited: Jun 16, 2020
  8. Alex686

    Alex686 Fapstronaut

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    I got into crypto and real estate investments, and for now, I don't have anything huge to share, but it seems interesting to me, and the money will come with the time. I was thinking about gold first, but this is even slower than crypto or real estate, so I'm sticking with these two for now. I'm still learning the 1031 exchange rules because real estate is newer for me than crypto, but so far, I find this very interesting. I played around crypto before, but this time it's more serious. If major changes happen soon, I will update you.
     
    Last edited: Sep 12, 2020
    exsoldier and tornadosboy like this.
  9. GhostRider@11

    GhostRider@11 Fapstronaut

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    In america 55% people invest, but in my country only 2% people invest in stock market.
    I am actually a newbie in stock market, I always thought of starting investment but when covid pandemic started, I realized that it was the perfect time for investment, In my country most of the stocks fell down to half their prices, and I knew one thing - that they will definitely recover. So even in the worst case I will be in profit if I waited for one to two year. I somehow convinced my father to open a demat account and then to start investing, and within a week we were doing investment. We kept few stocks in holdings, and we just tried all the things like trading, options and futures etc.

    I lost some money but also gained. Overall, we were in profit and also gained this valuable experience. And after a month all the stocks in our holding were also in profit. Many stocks regained 75 to 90% of their real price. And we then sold those stocks. We still hold some good stocks which we expect to rise in future. The one thing I learnt is not only correct action in correct direction is important but correct time is also important, and we will always need to cross our comfort zone to achieve something new.
     
    matt2k12 likes this.
  10. Muphy

    Muphy Fapstronaut

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    Remember the basics and the facts.
    1) you cant beat an algorithm. 99 percent of the humans think that they can beat an algo and take unnecessary risks and lose. 95% of the mutual fund managers are not able to beat the market on year to year basis.
    2) women are better at trading than men bec men run for risks and women run for profits.
    3) the skills required to gain in stocks over a log period is zero. Means always look for profits in long term and you will not lose money, buy a stock with a time frame of atleast 8-12 months.
    4) we have a general tendency of selling our winners and stick with our looser stocks. Avoid it. Don't fall for temptations.

    Happy investing.

    PS: My suggestion: Invest in hotel industry as this has not recovered from corona impact and certainly is highly under priced.
     
    GhostRider@11 and matt2k12 like this.
  11. And keep an eye out for dividend stock.

    The dividend stocks I have are a good help for me now that my overtime has been cut to zero.
     
    GhostRider@11 likes this.
  12. matt2k12

    matt2k12 Fapstronaut

    Invest in Tesla stock if you want to make easy money. It has recovered 10% of its -20% loss just a day after, and there is no doubt it will recover 10% and more in the coming week!!

    Add to that, that they are going to have a big announcement on sept 22 concerning new battery technology and own battery production!
     
  13. SoaringEagle

    SoaringEagle Fapstronaut

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    I speak from second hand experience from someone very close to me. What you describe is gambling!
    Stock/Currency exchange in this manner is gambling, highly addictive personalities who are drawn to pornography have a tendency to be drawn to other addictive behaviors such as gambling/"stock market investments"

    What I learned:
    -Time wasted on stock market exchange is not a real career experience. You can spend 20 years watching those "stocks" going up and down full time but it's not exactly something you can put on a resume. Stock market gambling is not work, it's gambling.
    -The markets are rigged. The markets are engineered in such a way for the bigger fish to steal all the life savings of the smaller fish. The bigger fish can influence the market, release rumors, know when bigger events are happening before they happen, can get government subsidies if they needed. The whole purpose of the stock market is to steal the savings of the working class who are faced with inflation and few investment options whose only choice is to flock to the stock market. At any moment's time things can change and you can lose all of your "profits" and savings in very short periods of time. They let you build small profits over years only to swoop them all in one blow.

    I believe if anyone is insistent on making an investment in the stock market, they can buy some company shares he/she believes will be doing well or is in an expanding market and forget about them (long term investment), those who are daily trading are gambling unless they have insider information.
     
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  14. GhostRider@11

    GhostRider@11 Fapstronaut

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    I completely agree to you. The best example is Pre-IPO where rich people get stocks for cents, and the opening price on IPO day for retail investor starts from dollars - whether stock goes up or down, rich benefit in both conditions. And another example is the limit of 2 lakh, if a retail investor feels a stock will go up, the maximum amount he can invest in that stock is 2 lakh. This is the reason rich people are becoming more rich and poor are getting more poor.
    This worries me a lot. I think we should not leave any free or random opportunity of earning money either through stock market or crypto because it is not free or easy money, this is the money they will make you pay in the future through high tax, inflation etc. If anyone is not earning now through these means than he is letting those rich people take money out of your pocket.
    At present conditions are bad because of corona and all, but I think later on it will be even more worse.
     
    SoaringEagle likes this.
  15. Muphy

    Muphy Fapstronaut

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    To win the game, first you should know the rules of the games.. just putting money in a stock thinking it will make you millionaire is a joke..

    If one doesn't know anything, simply invest in ETF stocks, like S&P500, or any other ETF funds. And one can be successful. But the thing is with our mentality doesn't allow us to do that. We want to become rich in one day and that's why we change decisions with any rumour.

    I started trading 3 years ago. I started off with a stock and got it doubled in 3 months. I became confident and invested in another stock and it got a loss of 80 percent , and it has never reached the same price in last 3 years.

    After that I started off investment with a long time horizon and I am investigating continuously and havnt taken anything out and I am having a profit of about 20 percent.

    How??
    A) don't buy a stock if you can't keep a stock for atleast 1 year
    B) don't see that stock on day to day basis bec that will create emotions and you will fall for wrong things
    C) dont know anything, simply invest in ETF funds bec of low fees.
    D) don't start an investment without a target , both time and moneywise. ( I have targets, with some investment I want to buy a bike and with some I want to finance my trip).
     
  16. Great points by @Muphy!

    I’ve been buying stocks for well over ten years now and over all it’s been a plus. Have made extra money to do many things I couldn’t have done otherwise including pay for much needed remodels at my house and for my parent’s house.

    Have lost money. But have had more gains than losses. Also I learned lessons from the losses and stayed in the game instead of running away.

    It should be repeated, it’s very important to get away from this mentality of becoming super wealthy. And it’s difficult to do when the media keeps spewing out these questionable stories such as “Man bought Apple stock at $1.46 and is now a millionaire. He has advice to help you become one.”

    Have realistic goals and remember the media is trying to get your attention to get more ad revenue. The chances of the regular wage earning citizen becoming super wealthy off the stock market is slim. What’s more realistic for “Joe Average” is you’ll make extra money for house projects, down payment on a house, a fancy trip overseas, a little extra cash aside for your retirement, and other goals that are more likely to be in the 10’s of thousand, not likely in the 100’s of thousands, and forget the millions. It takes big money to make big money and the government will always be around to insure it stays that way (Those G— ——-D taxes!)

    And then there’s all this media hype over “popular stocks”. Don’t get hyper focused on popular stocks. Some are good of course but there are hundreds of stocks out there, some are never mentioned in regular circles but are really good to consider. Some are even better to consider than “popular stocks”. Each person has to do their own research and not rely on info that’s just tossed out there by media that’s trying to make a buck off advertisement money.

    There are wise ways to use the stock market. Take in info from reliable sources. There are several things to consider before buying a stock. You can’t get lazy and expect to do well. No excuse for not doing some research on your own, lots of good info out there readily available. Getting input from others can be good but can be misleading. Be careful but don’t be scared off. It’s been working out fine for me.
     
    Muphy likes this.
  17. KylieHard21

    KylieHard21 New Fapstronaut

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    Parece-me que agora é mais confiável negociar ações de grandes empresas
     
  18. FancyCoolDude

    FancyCoolDude Fapstronaut

    I've only recently started investing in stocks but best advice I can give is to play long term to minimalize risk.

    a) Invest in big companies like Apple, Amazon, Tesla, Google, Microsoft, Netflix, Google, Facebook because they're essentially only going up, it's a slow gain but it's gonna be worth it long-term. Also it's impossible for them to just fall suddenly.
    b) Be careful for the new "hot" "popular" stocks because that's an easy way to screw yourself over
    c) Cryptocurrency is also the gig now, Bitcoin I believe will always go up, Ripple is also going strong now. Bitcoin will eventually get mined entirely, it will be limited and it's price will go up significantly.
    d) Again, play long term game. There are no get rich quick solutions, in most cases the risk outweights the possible gain. Big millionaires win at day trading, they have entire team of mathematicians to ensure their win, average Joe doesn't stand any chance.

    I'm just wondering how Great Reset will affect the crypto market.
     
  19. Les_Brown

    Les_Brown Fapstronaut

    Most people (both in life and especially on this forum) are not investment bankers; therefore, our careers do not revolve around stocks. If your goal of investing is to take risks and you enjoy that, go for it ... choose individual stocks and buy/sell whenever you feel it's appropriate. However, if your goal of investing is long-term returns for retirement, IMHO you are better off not trying to "beat the market" because you're likely to be wrong and likely don't have the time to become an expert in investing. Rather, consider investing in an index fund via IRA through an institution with very low expense rates. I would encourage you to check out some of the research out there. An example is "Unshakeable", a book by Tony Robbins. It helped me reframe my approach to investing.
     
    Roady likes this.
  20. outlaw007

    outlaw007 Fapstronaut

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