ABW Stock Exchange: All Things Investing
- Thread starter Inori
- Start date
M4nh4tt4n
Active Member
Yeah! @Sion for sure. BlueChips. Apple, Amazon, CocaCola, McDonalds, Nike...
Don't be fooled by the 'value' tag on these tech stocks. Many can provide plenty of growth too
Facebook, Oracle and Micron Technology are reasonably valued when considering the outlook for their sales growth.www.marketwatch.com
@Sion might know.
Blue Chips? I'm a bit hazy on what these are. I kinda remembered back in the Day, but I'm drawing a blank. Refresh my memory on this, por favor.
Richdollaz
Member
I’m holding $MSOS June 2020 call options while buying stock in TCNNF doubling down. I had to watch like 10+ YouTube videos prior but idk I just know it helps as a hedge if you have stock or trying to enter a position.
What call option price did u buy?
And how many times have u done options trading so far
Richdollaz
Member
I bought a June 2020 Call option $42.00 strike price back in December it was the farthest call out at the time. I’ve been waiting for options on US multi-state operators for awhile and as well as others so I knew the price would be in the money soon. Was up 200% prior to 2 weeks ago but I’m buying more!
Richdollaz
Member
I'm assuming u mean to say June 2021?
So once you're above strike price can't u sell even though u have til June?
And when u get a hit like this do u make more money than if u had just spent the same amount buying the stock?
TheNightKing
J.A.P.A.N.
I have a Fidelity IRA account, well 2 actually, that I rolled over from previous jobs a while back.
One I have in the Fidelity Balanced mutual fund (FBALX) with a current balance of $18k
The other I have in Charles Schwab (SCHW) with a current balance of around $4k.
The $4k account I play around with. I've put it in different stocks at different times.
So all that to say what would you do if you were sitting on $4k in a Fidelity IRA account you didn't mind taking some risks with? I'm trying to be more involved in this stock market game.
One I have in the Fidelity Balanced mutual fund (FBALX) with a current balance of $18k
The other I have in Charles Schwab (SCHW) with a current balance of around $4k.
The $4k account I play around with. I've put it in different stocks at different times.
So all that to say what would you do if you were sitting on $4k in a Fidelity IRA account you didn't mind taking some risks with? I'm trying to be more involved in this stock market game.
1/2
Dont drank out my drank, foo
33 but yeah....im locked in
its a struggle trying to sacrifice "living" now for that future goal but im seeing the light lol
already fucked off my twenties and i see the opportunity (time wise) in front of me now
Oh I see what type of day it's bout to be ?
M4nh4tt4n
Active Member
Yeah! @Sion for sure. BlueChips. Apple, Amazon, CocaCola, McDonalds, NikeDon't be fooled by the 'value' tag on these tech stocks. Many can provide plenty of growth too
Facebook, Oracle and Micron Technology are reasonably valued when considering the outlook for their sales growth.
@Sion might know.
Blue Chips? I'm a bit hazy on what these are. I kinda remembered back in the Day, but I'm drawing a blank. Refresh my memory on this, por favor.
$GBTC
M4nh4tt4n
Active Member
In all honesty, get a crib first. Any shithole. $100k, $5k down lol. Build equity monthly. Fix it up. Pay off all credit cards. No point in getting +10% from the stock market while blowing money on rent and 12-22% credit cards. You’re basically spinning your wheels.
Maybe it ain’t the Taj Majal. Maybe it is. Who cares. That’s equity in your pocket. Tax write offs. A small piece of this spinning rock we call Earth that you own.
Imagine paying it off and you and your kids will never have to pay rent again. That’s a huge advantage. MONTHLY. For LIFE...
Maybe it ain’t the Taj Majal. Maybe it is. Who cares. That’s equity in your pocket. Tax write offs. A small piece of this spinning rock we call Earth that you own.
Imagine paying it off and you and your kids will never have to pay rent again. That’s a huge advantage. MONTHLY. For LIFE...
TheNightKing
J.A.P.A.N.
Looks like I'd be buying at a high point. Expectations of going up even more or something?
M4nh4tt4n
Active Member
It’s a hedge against the USD. 1T ($1,000,000,000,000) flooding the States soon. USD is dead, $o...
Richdollaz
Member
Yea my bad I meant 2021 but yes I can sell the contracts at anytime prior to June if it moves InTheMoney which I plan to do in the next couple weeks. You make more because 1 contract equals 100 shares. And it expires around the time the economy is expected to reopenso I don’t think the contract ha come close to its max value.