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Does anyone have good advice on investing?

 
CigarTigher
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User ID: 79348987
09/18/2021 09:35 AM

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Does anyone have good advice on investing?
I never got into investing, but I was curious to see if anyone has any advice ? I want to make money out of work, but I have no idea what to do? I enjoy live-streaming and playing video games on my off time. I don’t do it for money of course .

Just curious .
Anonymous Coward
User ID: 80886352
United States
09/18/2021 09:36 AM
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Re: Does anyone have good advice on investing?
$GME is the best and only play imo
Anonymous Coward
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09/18/2021 09:37 AM
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Re: Does anyone have good advice on investing?
Invest your time in being and doing what you like.
Anonymous Coward
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United States
09/18/2021 09:45 AM
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Re: Does anyone have good advice on investing?
Watch dogs chase cars, because that's what investing is all about. The fed floods the economy with cheap credit and it flows into stocks.

Just follow the herd, but be warned there are the occasional crashes where the elite shear the sheep but that's that comforting sheep thought you just need to hold on through the bottom and prices will head back up again with more monetary malfeasance.

Just get a day trading account and buy the indexes, they go up with the rest of the fraud and you'll feel smart.
Anonymous Coward
User ID: 78898510
Canada
09/18/2021 09:47 AM
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Re: Does anyone have good advice on investing?
Vaccines?
Dalek Uno
User ID: 80874056
Germany
09/18/2021 09:49 AM
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Re: Does anyone have good advice on investing?
buy as much RE you need for living
numismatics, i.e. buy gold and silver with historical value.
Anonymous Coward
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United States
09/18/2021 09:52 AM
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Re: Does anyone have good advice on investing?
Short Evergrande.

;) ;)
Anonymous Coward
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United States
09/18/2021 09:52 AM
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Re: Does anyone have good advice on investing?
No
Anonymous Coward
User ID: 79783667
United States
09/18/2021 09:53 AM
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Re: Does anyone have good advice on investing?
Plastics.
Anonymous Coward
User ID: 79783667
United States
09/18/2021 09:53 AM
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Re: Does anyone have good advice on investing?
Buy Low. Sell High.
Anonymous Coward
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United States
09/18/2021 09:54 AM
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Re: Does anyone have good advice on investing?
Beenie Babies.
Anonymous Coward
User ID: 80888017
United States
09/18/2021 09:54 AM
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Re: Does anyone have good advice on investing?
Buy Low. Sell High.
 Quoting: Anonymous Coward 79783667


That’s it…..
Radagast the Brown

User ID: 77801149
United States
09/18/2021 09:55 AM
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Re: Does anyone have good advice on investing?
Lol, yeah, buy pfizer stock.

That's what all your "lawmakers" that dont read the laws are doing.
To find inspiration, you must look for it, but, fortunately, it wants to be found.

Live free.

Die well.
Anonymous Coward
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Denmark
09/18/2021 09:55 AM
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Re: Does anyone have good advice on investing?
I never got into investing, but I was curious to see if anyone has any advice ? I want to make money out of work, but I have no idea what to do? I enjoy live-streaming and playing video games on my off time. I don’t do it for money of course .

Just curious .
 Quoting: CigarTigher

But land, before its sold.
Xeven

User ID: 80683137
United States
09/18/2021 09:55 AM
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Re: Does anyone have good advice on investing?
Yes. Don’t ask for investing advice on GLP.
I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean.
Anonymous Coward
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Denmark
09/18/2021 09:56 AM
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Re: Does anyone have good advice on investing?
Yes. Don’t ask for investing advice on GLP.
 Quoting: Xeven

Yes only poor nobodies can post here
Anonymous Coward
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Denmark
09/18/2021 09:57 AM
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Re: Does anyone have good advice on investing?
Build something and sell it on popularbay
Anonymous Coward
User ID: 21054662
Denmark
09/18/2021 09:59 AM
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Re: Does anyone have good advice on investing?
Ill tell you what ill buy 10oz of 60& neutral spirits with tails or heads.
But the tax is going to kill us both so
Pres. Elect Festus Hoggbottom

User ID: 78382070
United States
09/18/2021 10:00 AM

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Re: Does anyone have good advice on investing?
If you don't know how to do it, there is a very simple and effective way to get in the market. It's very likely to be profitable, but not by massive percentages and not quickly. As you spend more time learning, you can gauge more effective ways to get bigger returns quicker. Here's how you start with no knowledge:

1. Get a Webull account.
2. Set up your bank for transfers and fund that account with the total amount you want to invest.
3. Pick an index or split between all three (DJI, SPX, NDX are the big ones)
4. You can't trade the actual indexes unless you have big bucks, but each one has multiple ETFs that follow it. Put the ETFs on your Webull watchlist (DJI ETF = DIA, SPX ETF = SPLG, NDX ETF = QQQ) there are others if you prefer, but these are the ones I use.
5. Break your investment $ into at least 26 pieces ($2600 would be 26 $100 chunks).
6. Invest that amount (whether all into one ETF or split between 3, your call) every week. Friday or Monday afternoons are the best times to do it on average.
7. Let it ride for as long as you can. Don't use money you need.

You'll need to dig into the app to find out how to buy and sell, how much, etc. You don't have to buy full shares, you can use dollar amounts (partial shares) instead. That's what you want to do. It's called dollar cost averaging. If you can time it to buy in while the market is tanking, that's where your best returns will come from.

That's the simplest and least risky way to get into the market. I would encourage you to learn over time because you really can increase your gains and the time it takes to get them, but if you try that too early, you'll probably lose it all like everyone else who has done that (including me, multiple times!).

Last Edited by Festus J. Hoggbottom, III on 09/18/2021 10:02 AM
I did it. I did it on purpose. And I'll do it again.
Anonymous Coward
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09/18/2021 10:01 AM
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Re: Does anyone have good advice on investing?
Ill tell you what ill buy 10oz of 60& neutral spirits with tails or heads.
But the tax is going to kill us both so
 Quoting: Anonymous Coward 21054662


rofl
Anonymous Coward
User ID: 74693369
United States
09/18/2021 10:02 AM
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Re: Does anyone have good advice on investing?
Yes. Don’t ask for investing advice on GLP.
 Quoting: Xeven

Yes only poor nobodies can post here
 Quoting: Anonymous Coward 21054662


Yes. Don’t ask for investing advice on GLP.
 Quoting: Xeven

Yes only poor nobodies can post here
 Quoting: Anonymous Coward 21054662


clappa
Anonymous Coward
User ID: 21054662
Denmark
09/18/2021 10:02 AM
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Re: Does anyone have good advice on investing?
You can cut some wood figurines also and paint them
make different themes like christmas, easter, halloween, or just action figures of wood, or some kind of strange chees pieces, then you can hey look!..see here..buy 3 for 10 or the whole set for 80 and 10 ontop for the board...
Anonymous Coward
User ID: 80884298
Australia
09/18/2021 10:03 AM
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Re: Does anyone have good advice on investing?
Buy & Hold
Anonymous Coward
User ID: 21054662
Denmark
09/18/2021 10:06 AM
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Re: Does anyone have good advice on investing?
Use the money you normally invest in netflix and save them up for a year.
Anonymous Coward
User ID: 50044063
United States
09/18/2021 10:08 AM
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Re: Does anyone have good advice on investing?
I never got into investing, but I was curious to see if anyone has any advice ? I want to make money out of work, but I have no idea what to do? I enjoy live-streaming and playing video games on my off time. I don’t do it for money of course .

Just curious .
 Quoting: CigarTigher


Open you wallet. Pull out a few hundred dollar bills. Now burn them
Anonymous Coward
User ID: 50044063
United States
09/18/2021 10:08 AM
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Re: Does anyone have good advice on investing?
Done. You invested
CigarTigher  (OP)

User ID: 79348987
09/18/2021 10:10 AM

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Re: Does anyone have good advice on investing?
If you don't know how to do it, there is a very simple and effective way to get in the market. It's very likely to be profitable, but not by massive percentages and not quickly. As you spend more time learning, you can gauge more effective ways to get bigger returns quicker. Here's how you start with no knowledge:

1. Get a Webull account.
2. Set up your bank for transfers and fund that account with the total amount you want to invest.
3. Pick an index or split between all three (DJI, SPX, NDX are the big ones)
4. You can't trade the actual indexes unless you have big bucks, but each one has multiple ETFs that follow it. Put the ETFs on your Webull watchlist (DJI ETF = DIA, SPX ETF = SPLG, NDX ETF = QQQ) there are others if you prefer, but these are the ones I use.
5. Break your investment $ into at least 26 pieces ($2600 would be 26 $100 chunks).
6. Invest that amount (whether all into one ETF or split between 3, your call) every week. Friday or Monday afternoons are the best times to do it on average.
7. Let it ride for as long as you can. Don't use money you need.

You'll need to dig into the app to find out how to buy and sell, how much, etc. You don't have to buy full shares, you can use dollar amounts (partial shares) instead. That's what you want to do. It's called dollar cost averaging. If you can time it to buy in while the market is tanking, that's where your best returns will come from.

That's the simplest and least risky way to get into the market. I would encourage you to learn over time because you really can increase your gains and the time it takes to get them, but if you try that too early, you'll probably lose it all like everyone else who has done that (including me, multiple times!).
 Quoting: Pres. Elect Festus Hoggbottom


Thanks!! I really appreciate it.
Anonymous Coward
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United States
09/18/2021 10:10 AM
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Re: Does anyone have good advice on investing?
cash...small bills

silver...coins and bullion

gold...coins and bulliom

lead...a pallet or two
Anonymous Coward
User ID: 21054662
Denmark
09/18/2021 10:10 AM
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Re: Does anyone have good advice on investing?
But you need to get an accountant involved and a technician so they can figure out how then can develop a program that the banks can use where you get the opportunity to set a % of all ingoing transactions that gets put on a savings account automatically, you can set it to 3% and in a year it will quickly be several 1000s.
Crypto-Tard

User ID: 78144147
United States
09/18/2021 10:14 AM

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Re: Does anyone have good advice on investing?
Buy usable tools like chain saws, portable cordless power tools, nails, fasteners, caulk, building materials, firearms (legally acquire them), bullets, iron rebar, plywood, rolls of plastic sheeting, tarps, pvc pipe and fittings, pvc cement....cans of tuna.

You get the idea.

Gold and silver will be worthless, no one will want it.

Your bank account and stock portfolio will be worthless.

The internet and electricity will be down. Cryptocurrencies will be worthless.

You will need to eat and will trade whatever you own for food.

If you can get an ounce of gold for $1800 and a can of tuna for $2, you should buy the tuna. In Cambodia at the height of the Khmer Rouge, one ounce of gold bought two cans of tuna.

heading to pdx s

Last Edited by Crypto-Tard on 09/18/2021 10:15 AM
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
Anonymous Coward
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Denmark
09/18/2021 10:14 AM
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Re: Does anyone have good advice on investing?
Nobody has the time to sit and click all day
the less you click the more you save.





GLP