making/losing money in the stock market
- Thread starter Abathur
- Start date
If you want to do a poll on market returns post reasonable rates of return and losses . Sol Tee Nutz made a great buy with P & G and has left it alone to return growth and dividends, this is how you make money in the stock market, patience and time
Best Year ever!!!
Really hard to lose money in today’s stock market thanks to Big Government. Lots of so-called genius investors out there patting themselves on the shoulders but the Federal Reserve & other central banks basically saved the asses of these investors by buying up corporate bonds & backstopping the entire stock market. If the free market was truly allowed to function, Wall Street wld hv lost big time.
I moved to mostly cash by Feb & was truly surprised at how fast the central banks moved to backstop the stock market after mid-March. But unless yr stock portfolio is in the hundreds of millions, it’s easy to move in & out quickly. Besides, the central banks r now telling investors where to invest b/c that’s how they re-inflate the bubble & push economic growth.
By June, I was fully invested in Covid plays like AMZN, COST, PTON, ROKU, ZM. By Nov, rotated into Reopening stocks like DIS, EXPE, JPM, X, XOM. For those w/ greater optimism & risk appetites, there r always the cruise lines - CCL, RCL.
Wanna skip the stock research then just buy ETFs like SPY, QQQ. Can’t go wrong since Fed Chair Powell owns lots of them too.
Perfect timing Abathur!!
I will start investing tomorrow with my new Questrade account which was activated today..!
Studying the stock market became a hobby since the pandemic hit us, so it was time to make the plunge while I'll be home with not much to do, for the next two weeks.
I won't go for the big boys yet, I'm planning to have fun with penny stocks at first, maybe go the Kevin O'Leary way and make a few plays on psychedelic stocks which really do intrigue me..
Will we have a market crash, like some have suggested (including Buffett ), or are we on our way for another 10-year bull run ?
Anyways, the gambler in me is ready for some fun.!!
Give a month and I'll answer your survey
I will start investing tomorrow with my new Questrade account which was activated today..!
Studying the stock market became a hobby since the pandemic hit us, so it was time to make the plunge while I'll be home with not much to do, for the next two weeks.
I won't go for the big boys yet, I'm planning to have fun with penny stocks at first, maybe go the Kevin O'Leary way and make a few plays on psychedelic stocks which really do intrigue me..
Will we have a market crash, like some have suggested (including Buffett ), or are we on our way for another 10-year bull run ?
Anyways, the gambler in me is ready for some fun.!!
Give a month and I'll answer your survey
yeah, me too, I was surprised to see how fast the Fed saved the market and got in a bit too late, got in late April.
invested 50k, made 55k, so around 100% return so far, was not doing very well as I've seen some made 30-40x returns.
I was going to say "Don't believe everything that Kevin O'Leary says " but I think more like "Don't believe ANYTHING Kevin O'Leary says " One last thing, "Never gamble with your savings !"Perfect timing Abathur!!
I will start investing tomorrow with my new Questrade account which was activated today..!
Studying the stock market became a hobby since the pandemic hit us, so it was time to make the plunge while I'll be home with not much to do, for the next two weeks.
I won't go for the big boys yet, I'm planning to have fun with penny stocks at first, maybe go the Kevin O'Leary way and make a few plays on psychedelic stocks which really do intrigue me..
Will we have a market crash, like some have suggested (including Buffett ), or are we on our way for another 10-year bull run ?
Anyways, the gambler in me is ready for some fun.!!
Give a month and I'll answer your survey
Which is little more than borrowing money to invest. So again, how can you lose more than 100% of the money you invested? Stocks don't go negative.
Think u absolutely made the right move to wait for better visibility. When market volatility (VIX) shoots up, always wise to be cautious because many of the highly leveraged hedge funds can & do blow up.
I have invested in equity markets for years and sadly, seen many buddies make big one year then lose even bigger the next. Always tell myself to stick to a tried & tested investment process otherwise it’s just gambling.
Hate some of those CNBC commentators that scream Buy, Buy, Buy before u miss the boat. It gets serious real quick when people lose their life savings & more.
There’re always money making opportunities in the market so no fears on missing whatever boat.
It’s great that more people r investing their money in the stock market. Lots of my Wall Street friends bitch about amateur day traders on Robinhood & eToro but many of these new investors r freakin smart & disciplined. Besides, it’s usually the Wall Street traders making the really stupid plays & losing other people’s money. Everyone shld be allowed to invest & grow their money, not just the top 1%.
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