Happens to pretty much every stock I buy. But to be fair, the entire market took a dive toward the end of the day.
I fucking hate the market. AMD jumps a good 6% or so after their earnings yesterday.... slowly tapers down and by the next day near end of trading it's lower than it was before the earnings. wtf?
I use my bank's brokerage since they offer me 100 free trades a year. At most I use 20.What does everyone use to purchase their stocks?
I'll primarily be using it to invest in it for anywhere between 5-7 years, won't be selling, only buying till that time.
I use my bank's brokerage since they offer me 100 free trades a year. At most I use 20.
Damn that's not bad.
Personally I use Robinhood. I would honestly never contemplate paying $5 per trade or whatever. I might not care if I was a pro or real-time investor with tons of capital. I just play around with 20k or so for shits and giggles.
Alright got Robinhood all up in there. I plan on just spending a little bit of cash each month, not a lot, and purchasing weed stocks. Max I plan on spending it in total is $500, about .2% of my take home.
Anyone try out the app "value investing 2.0"? Not going to use it but a good place that consolidates information.
My hope is that one that I end up investing in gets gobbled up. With 500, I'm hoping that I diversify enough that some of my picks make it out alive.Weed stocks (as much as everyone is trying to see growth) isn't exactly a guarantee.... I mean I guess my main point is that when it comes to investing in non-established markets (such as weed) there are going to be a TON of companies/people that try to swarm in and make it big.
Tons will fail. Some will make it okay. Some will be gobbled up by the biggest ones, etc...
Personally, the only weed stocks I have is MJ - which is basically a diversified index fund for weed
I did touch on Tilray (TLRY) when they made their IPO - they shot up like crazy for no apparent reason.... Then in keeping with the volatility it went bust and fell back down.
Trump threatens higher tariff rates if China does not reach trade deal with US soon.
"For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday .."
NYSE Futures off 400
NAS off 140
One thing I've figured out with investing, look at absolute price, not how much it jumps in one day. I consider the S&P 500 at 2900+ to be very overpriced, and at 2800+ to still be overpriced. Though of course one needs to adjust expectations over time.I couldn't help myself.
This morning was like walking into your favorite store and seeing everything. on sale.
One thing I've figured out with investing, look at absolute price, not how much it jumps in one day. I consider the S&P 500 at 2900+ to be very overpriced, and at 2800+ to still be overpriced. Though of course one needs to adjust expectations over time.
I only invest on wild hunches and emotion.
Don't you only buy like one share at a time?
Yup. I hate our politics and current admin, but China isn't exactly Mr. Nice guy in global trade.Looks like Trump night have been warranted on his latest rant.
Info is that the Chinese tried to walk back a bunch of concessions.