Burgold Posted February 5, 2021 Share Posted February 5, 2021 These days, I like ETFs a bit better than mutual funds. Generally lower fees. Tracking a full sector might limit some of the upside, but it's worked pretty well for me. 1 Link to comment Share on other sites More sharing options...
Dr. Do Itch Big Posted February 5, 2021 Share Posted February 5, 2021 Oh my goodness. I bought TSNP at .16 it’s at 1.23 7 Link to comment Share on other sites More sharing options...
The Evil Genius Posted February 5, 2021 Share Posted February 5, 2021 Nothing like a 768% return on your money (minus the small cap gains). Nice pull Doc. 1 Link to comment Share on other sites More sharing options...
Corcaigh Posted February 5, 2021 Share Posted February 5, 2021 (edited) 15 hours ago, Burgold said: These days, I like ETFs a bit better than mutual funds. Generally lower fees. Tracking a full sector might limit some of the upside, but it's worked pretty well for me. Actively managed mutual funds perform worse and cost more than ETFs or index funds. Mutual funds are for suckers. Edited February 5, 2021 by Corcaigh Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted February 5, 2021 Share Posted February 5, 2021 I’m keeping tabs on everybody who has used the word “stonk” in this thread just in case there’s ever a time where I get to decide who lives and who dies. 9 Link to comment Share on other sites More sharing options...
Dr. Do Itch Big Posted February 5, 2021 Share Posted February 5, 2021 1.50 now. 1 Link to comment Share on other sites More sharing options...
Burgold Posted February 5, 2021 Share Posted February 5, 2021 I don't know if I bought a true penny stock. You bought at sixteen cents? How'd you hear about it? How'd you research it? Link to comment Share on other sites More sharing options...
Dr. Do Itch Big Posted February 5, 2021 Share Posted February 5, 2021 Spoke to early 1.61 4 minutes ago, Burgold said: I don't know if I bought a true penny stock. You bought at sixteen cents? How'd you hear about it? How'd you research it? Coworker. He went all in so I threw some money at it. I never expected it to actually mature and reach 1.61. 2 Link to comment Share on other sites More sharing options...
steve09ru Posted February 5, 2021 Share Posted February 5, 2021 1 hour ago, Dr. Do Itch Big said: Oh my goodness. I bought TSNP at .16 it’s at 1.23 OZSC is moving nicely for ya too 1 Link to comment Share on other sites More sharing options...
Burgold Posted February 5, 2021 Share Posted February 5, 2021 6 minutes ago, Dr. Do Itch Big said: Spoke to early 1.61 Coworker. He went all in so I threw some money at it. I never expected it to actually mature and reach 1.61. Insider info (the legal kind) is awesome! Congrats on the win. 1 Link to comment Share on other sites More sharing options...
Dr. Do Itch Big Posted February 5, 2021 Share Posted February 5, 2021 The more I read about it the better it sounds. I’m going to hold steady. 9 minutes ago, steve09ru said: OZSC is moving nicely for ya too If OZSC ever hits 2 dollars I’m rich. 1 Link to comment Share on other sites More sharing options...
steve09ru Posted February 5, 2021 Share Posted February 5, 2021 (edited) 4 minutes ago, Dr. Do Itch Big said: If OZSC ever hits 2 dollars I’m rich. May end up buying more - at 2,750 shares now at .185 ; have pretty much everything else tied up in CCIV and Tesla. And S&P which I'll probably move to invest in others. Edited February 5, 2021 by steve09ru Link to comment Share on other sites More sharing options...
steve09ru Posted February 5, 2021 Share Posted February 5, 2021 CCIV with some nice runs the last 2 days too back over $35 - manipulated dip the other day on a bad outdated tweet Link to comment Share on other sites More sharing options...
zCommander Posted February 5, 2021 Share Posted February 5, 2021 30 minutes ago, Dr. Do Itch Big said: The more I read about it the better it sounds. I’m going to hold steady. If OZSC ever hits 2 dollars I’m rich. Rich as in a millionaire? Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted February 5, 2021 Share Posted February 5, 2021 I threw some money in on OZSC, TTOO, and SBE. SBE is merging with ChargePoint, so I'm hoping that will increase the value even more after the IPO 1 Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted February 5, 2021 Share Posted February 5, 2021 The stock market is easy. There’s no trick to it and it’s not about being smart... it’s about having patience and not being stupid. Step 1: make some money Step 2: save and invest in a diversified portfolio Step 3: keep doing steps 1 & 2 over a long period of time If you’re willing to get rich slowly, it’s actually guaranteed to happen. 2 Link to comment Share on other sites More sharing options...
techboy Posted February 5, 2021 Share Posted February 5, 2021 Be careful out there... https://papers.ssrn.com/sol3/papers.cfm?abstract_id=219228 "Abstract Individual investors who hold common stocks directly pay a tremendous performance penalty for active trading. Of 66,465 households with accounts at a large discount broker during 1991 to 1996, those that traded most earned an annual return of 11.4 percent, while the market returned 17.9 percent. The average household earned an annual return of 16.4 percent, tilted its common stock investment toward high-beta, small, value stocks, and turned over 75 percent of its portfolio annually. Overconfidence can explain high trading levels and the resulting poor performance of individual investors. Our central message is that trading is hazardous to your wealth." 4 Link to comment Share on other sites More sharing options...
gbear Posted February 6, 2021 Share Posted February 6, 2021 I tend towards the buy and hold method. I try to only buy stocks where I understand how they will make money. I view it as the Warren Buffett approach. That said, I also believe in having exit points in my investments too. That goes for having a ceiling and a floor. I also have been doing more vanguard ETF's and vaguard index fund than individual stocks. 2 Link to comment Share on other sites More sharing options...
Nerm Posted February 6, 2021 Share Posted February 6, 2021 I have never thought much about the process of short selling until this past week. I think I understand the concept of how one share of stock can result in multiple short positions and lead to more short positions than available shares. This was what I heard a lot of people saying made gme a once in a lifetime short squeeze opportunity. My question is, doesn't the same process that creates multiple short positions from a single share result in multiple short positions being able to be closed with the purchase of a single share? Link to comment Share on other sites More sharing options...
Captain Wiggles Posted February 10, 2021 Share Posted February 10, 2021 1 1 Link to comment Share on other sites More sharing options...
No Excuses Posted February 10, 2021 Share Posted February 10, 2021 (edited) I shifted a good portion of my portfolio to the various ARK ETF’s several months ago and I have no regrets. I will also be going in on ARK’s space ETF when it launches in March (ARKX). Perfectly happy with Cathie Wood managing my money. Edited February 10, 2021 by No Excuses Link to comment Share on other sites More sharing options...
EmirOfShmo Posted February 10, 2021 Share Posted February 10, 2021 Weed stocks are lighting it up in pre-market today - SNDL, APHA, TLRY, HUGE, CRON Link to comment Share on other sites More sharing options...
daveakl Posted February 10, 2021 Share Posted February 10, 2021 So Robinhood froze me / labeled my account as a day trader. What is another good app/site to use for casual trading? Link to comment Share on other sites More sharing options...
Ball Security Posted February 10, 2021 Share Posted February 10, 2021 1 hour ago, daveakl said: So Robinhood froze me / labeled my account as a day trader. What is another good app/site to use for casual trading? I’ve used E*Trade for over a decade. I’m not a day trader, more of a buy and hold guy. But I’ve never had any difficulty with access to make trades when I wanted. Recently I’ve consolidated some old 401k and opened a ROTH IRA on their platform. Transactions used to cost about $7 per trade, but now they are free for stocks listed on the NYSE, Nasdaq, and I believe the ASE. If you want to dabble in the pink sheets, they’ll charge you for those transactions. Link to comment Share on other sites More sharing options...
No Excuses Posted February 10, 2021 Share Posted February 10, 2021 1 hour ago, EmirOfShmo said: Weed stocks are lighting it up in pre-market today - SNDL, APHA, TLRY, HUGE, CRON Most of the weed stocks are all Canadian companies and I am skeptical that they’ll make inroads in the US. There’s a marijuana ETF called MSOS which bundles American weed companies. Keeping my eye on it as talks of decriminalization and federal legalization keeps heating up. 1 Link to comment Share on other sites More sharing options...
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