ABW Stock Exchange: All Things Investing

[Agent_Ro]

Now y’all got me relooking at my current 401k to make some changes smh

 

[Banginscrew901]

With Google doing that split would it be good idea to stock up on it after the split?

 

[ChicagoFigure]

With Google doing that split would it be good idea to stock up on it after the split?

Honestly if u got the means to get in now might as well go for it.

Whoever holding now I don't see em selling especially knowing the split coming....unless the market gets bloody again u should be straight either way.

Just my opinion ofc I could be wrong

 

[Banginscrew901]

Honestly if u got the means to get in now might as well go for it.

Whoever holding now I don't see em selling especially knowing the split coming....unless the market gets bloody again u should be straight either way.

Just my opinion ofc I could be wrong

Always wanted to get it but didn't want to sirens that type of money for 1 or 2. What your opinion on how long before it goes back to what is worth now?

 

[Inori]

im debating on Alphabet before or after as well

Interesting how they have different classes

Alphabet intends to split the Class A, Class B and Class C shares of the stock, according to the earnings statement. The change requires shareholder approval. Each shareholder at the close of business on July 1 will receive, on July 15, 19 additional shares for each share of the same class of stock they own.

In 2012, Google added a third class of shares, Class C, with no voting rights. The company already had Class A shares, which carry one vote per share, and Class B shares, which are held closely by founders and early investors and carry 10 votes. The company maintained this stock structure through its 2015 rebrand to Alphabet.

Page and Brin own a combined 12% of Alphabet’s Class C shares, which trade under the ticker symbol “GOOG” and have no voting rights, according to FactSet. The duo control 83% of the company’s Class B shares, which do not trade on open markets.

So class C which is what we are potentially buying has no voting rights

 

[ChicagoFigure]

Always wanted to get it but didn't want to sirens that type of money for 1 or 2. What your opinion on how long before it goes back to what is worth now?

Man I couldn't even try to tell u. I never bought any and haven't really kept up with em.

What do u use to trade? Some apps let u buy fractional shares so u can throw whatever amount u want on it

 

[ChicagoFigure]

Y'all know it's gotta be a sure thing

 

[TheNightKing]

Y'all know it's gotta be a sure thing

Forget following Warren Buffet’s stock moves. Just follow the politicians moved and you’ll always come out on top. They are exempt from insider trading laws apparently.

 

[Inori]

So apparently GOOG is the ticker for the shares with NO voting rights and GOOGL is the ticker for shares with voting rights.

Prices atm dont seem to be that different from each other

 

[Banginscrew901]

Man I couldn't even try to tell u. I never bought any and haven't really kept up with em.

What do u use to trade? Some apps let u buy fractional shares so u can throw whatever amount u want on it

I use td ameritrade.

 

[RodyRod]

I use td ameritrade.

TD Ameritrade needs to get on the fractional trading train ASAP

 

[Banginscrew901]

TD Ameritrade needs to get on the fractional trading train ASAP

That's who I started out with years ago. Ain't had no trouble with em

 

[ChicagoFigure]

I use td ameritrade.

Yea looks like u can't do it with them.

You'll probably be alright if u just wait til the split and buy for the lower share price.

If u plan on holding that for some years what u do between now and the split won't affect u that much

 

[Inori]

GOOGL dropped a bit this week. Hoping it drops a bit more before the split

 

[Mr.LV]

 

[Mr.LV]

 

[Inori]

Any of yall still holding UCO or USO?

 

[ChicagoFigure]

Any of yall still holding UCO or USO?

My only green

 

[ChicagoFigure]

Maybe my memory short af but this shit dropping about as bad as when Covid started

^^^A month ago

 

[Inori]

^^^A month ago

lol well the original title of this thread was Investing when the market is DOWN. Looks like we're back where it all began but working with a bit more knowledge and hopefully some more bread