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Anyone know where I can buy stocks and maybe get some free ones for signing up?
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2019-11-17 at 3:29 AM UTCAnyone?
I already did RobinHood.
Sorry Tort, Luigi didn't tell me first.
He waited on purpose. -
2019-11-17 at 4:13 AM UTCyou shouldnt even think about investing unless you have enough money saved up to get you through a patch in your life.
Once you have that. you should either invest through your bank (where they manage) or through a self managed investment account. Id reccomend Virtual Brokers or Questrade for self managed accounts
If you need specific investment advice youll have to be more specific Fona. PM if i dont respond here
User was banned for saying the taboo phrase "man"! -
2019-11-17 at 4:24 AM UTC
Originally posted by bigthink you shouldnt even think about investing unless you have enough money saved up to get you through a patch in your life.
Once you have that. you should either invest through your bank (where they manage) or through a self managed investment account. Id reccomend Virtual Brokers or Questrade for self managed accounts
If you need specific investment advice youll have to be more specific Fona. PM if i dont respond here
User was banned for saying the taboo phrase "man"!
Well i cant trust you now. -
2019-11-17 at 4:27 AM UTCgetrichwithmadoff.com
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2019-11-17 at 5:59 AM UTCdont buy stocks. nobody buy stocks anymore, their all being done by bots and algorithms and its only a matter of time when a minor algorithm induced downtick triggers an avalanche of selloffs.
algorithms created the huge bubble your in now and it will implode it.
brace yourselves for the incomming economic prolapse.
or it will braces you.
from behind. -
2019-11-17 at 6:01 AM UTClol buying stocks in 2019
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2019-11-17 at 6:15 AM UTC
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2019-11-17 at 3:03 PM UTC
Originally posted by bigthink you shouldnt even think about investing unless you have enough money saved up to get you through a patch in your life.
Once you have that. you should either invest through your bank (where they manage) or through a self managed investment account. Id reccomend Virtual Brokers or Questrade for self managed accounts
If you need specific investment advice youll have to be more specific Fona. PM if i dont respond here
User was banned for saying the taboo phrase "man"!
This is part of why this site is garbage. He didn't even say "man" he said "MANAGE". -
2019-11-17 at 3:06 PM UTC
Originally posted by vindicktive vinny dont buy stocks. nobody buy stocks anymore, their all being done by bots and algorithms and its only a matter of time when a minor algorithm induced downtick triggers an avalanche of selloffs.
algorithms created the huge bubble your in now and it will implode it.
brace yourselves for the incomming economic prolapse.
or it will braces you.
from behind.
Money is becoming obsolete. We should get what we need exchange for work on the automation involved in providing us with the things we need. -
2019-11-17 at 3:17 PM UTCTalk to a jedi broker, find a good one and tell him you want high risk weed stocks, bitcoin, ETFs and PRECIOUS METALS
Do you follow the markets at all?
Easy money policy continues to fuel stock rally – although interest rates are climbing again.
Buy Kinder Morgan
https://www.benzinga.com/news/19/09/14361208/notable-insider-buys-in-the-past-week-bunge-fox-kinder-morganConventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. The following are some notable insider purchases reported in the past week:
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2019-11-17 at 3:19 PM UTC
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2019-11-17 at 3:28 PM UTCInvest in index funds or at least mutual funds. Don’t play the individual stocks game.
Originally posted by bigthink you shouldnt even think about investing unless you have enough money saved up to get you through a patch in your life.
Once you have that. you should either invest through your bank (where they manage) or through a self managed investment account. Id reccomend Virtual Brokers or Questrade for self managed accounts
If you need specific investment advice youll have to be more specific Fona. PM if i dont respond here
User was banned for saying the taboo phrase "man"!
This is horrible advice. Banks are for holding your money, facilitating transactions, and lending money. Not for investing. Go with a good brokerage firm like vanguard or fidelity.
Managed accounts are also a bad idea. You will be paying excess fees for a service that statistically is outperformed by passive investments (see above). If you must have some kind of “help,” go with a robo-advisor or just put it in a target date retirement fund. Do your own research and choose a good asset allocation and that’s the main decision you need to make. Asset location is also important, but not as important as asset allocation. -
2019-11-18 at 4:21 AM UTC
Originally posted by Ajax Invest in index funds or at least mutual funds. Don’t play the individual stocks game.
This is horrible advice. Banks are for holding your money, facilitating transactions, and lending money. Not for investing. Go with a good brokerage firm like vanguard or fidelity.
Managed accounts are also a bad idea. You will be paying excess fees for a service that statistically is outperformed by passive investments (see above). If you must have some kind of “help,” go with a robo-advisor or just put it in a target date retirement fund. Do your own research and choose a good asset allocation and that’s the main decision you need to make. Asset location is also important, but not as important as asset allocation.
firstly, fuck that bitch made taboo ban >:(
secondly, your right regarding mostly everything. i shouldnt post inebriated advice of any sort lol
I was thinking more about where the advice was going as I think it's most important to know your target audience (fona)
you're definitely NOT correct in saying that my advice is entirely horrible though.
if youre about to pull the trigger on moving money into investments ((almost always) regardless of what they are), before youre standing well on your feet, youre (probably) making a pretty big mistake. (e.g. does fona have credit card debt, drug debt, enough money to live till he finds a new job)
managed accounts through your banks are not the worst place to invest be short term if you're completely uneducated regarding investing. Atleast in canada. They will almost always offer services (often free) such as financial planning, account setup+management etc. To hell with the fact that their mutual funds are a ripoff. Earning 2.5% annually is better than losing 2.5% because you didnt do anything due to being overwhelmed by how to get your feet in the door.
whatever doesn't penalize you for opening a small account, allows for automatic deposits, and doesn’t overwhelm you is an acceptable place to start. Worry about optimizing later.
im only in my early-mid 20's though so i have a lot to learn, but is any of this wrong? maybe i am a fuckign retard. -
2019-11-18 at 4:27 AM UTC
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2019-11-18 at 5:20 AM UTC
Originally posted by vindicktive vinny dont buy stocks. nobody buy stocks anymore, their all being done by bots and algorithms and its only a matter of time when a minor algorithm induced downtick triggers an avalanche of selloffs
this is interesting
I wonder if it'd be possible for a company to manipulate it's stock prices specifically to game algorithms that are in place -
2019-11-18 at 6:31 AM UTC
Originally posted by AngryIVer Money is becoming obsolete. We should get what we need exchange for work on the automation involved in providing us with the things we need.
or i can just invest in the small arms industry by investing heavily their stocks, as in buying loads of real guns and truckloads of ammos and just make people who think like you work for me, for free,
like a bitch. -
2019-11-18 at 6:33 AM UTC
Originally posted by the man who put it in my hood Talk to a jedi broker, find a good one and tell him you want high risk weed stocks, bitcoin, ETFs and PRECIOUS METALS
Do you follow the markets at all?
Easy money policy continues to fuel stock rally – although interest rates are climbing again.
Buy Kinder Morgan
https://www.benzinga.com/news/19/09/14361208/notable-insider-buys-in-the-past-week-bunge-fox-kinder-morgan
easy monies decrease their buying power.
like a cheap whore. -
2019-11-18 at 6:44 AM UTC
Originally posted by aldra this is interesting
I wonder if it'd be possible for a company to manipulate it's stock prices specifically to game algorithms that are in place
thats all their doing lately. the latest market surges are all due to stock buy back thanks to cheap credit, and not really due to influx of major capital.
also if your interested in gamming the system
https://www.imdb.com/title/tt6866224