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Subject: "Stock Market Talk" Previous topic | Next topic
Case_One
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54575 posts
Fri Sep-18-20 11:22 AM

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"Stock Market Talk"


  

          

Yes, the Market is selling off Big Time but this is normal for Sept and Oct. December will be the Holiday Rally. Like, Apple AAPL down but it's time to Buy. Overall, it’s not time to panic.




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“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

The Case for Christ Lecture: https://youtu.be/67uj2qvQi_k

Good News: https://www.goodnewsnetwork

  

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Topic Outline
Subject Author Message Date ID
oh good I was worried
Sep 18th 2020
1
Do you go to work or did you quit to be a 16 hr 7 day a week protester?
Sep 19th 2020
6
This is great news for the rich, I would hate for them to lose some of
Sep 18th 2020
2
Actually, you don't have to be rich to play the market. Factional Shares
Sep 19th 2020
5
lol
Sep 18th 2020
3
Yo Rev, I think you wanted it to be one way ...
Sep 18th 2020
4
What do you mean?
Sep 19th 2020
7
      I do not believe this post is going as intended thus far,
Sep 19th 2020
8
           Some folks are scared to make money.
Sep 19th 2020
20
                Eh, I think that's a quite pedestrian way to view the initial responses
Sep 19th 2020
21
                It is what it is.
Sep 19th 2020
22
                People are scared to lose money.
Sep 20th 2020
25
                People eat up more money on some random nonsense than they'll lose
Sep 22nd 2020
29
                No one is scared to make money.
Sep 20th 2020
27
                     Some people are scared to make money - Scared of risk.
Sep 22nd 2020
30
Im with you, Rev
Sep 19th 2020
9
It’s the OKP way
Sep 19th 2020
10
      He is talking about buying Apple, which is great if you got the money
Sep 19th 2020
11
           You can do fractional shares now
Sep 19th 2020
14
           Because you can buy factions of an Apple share. Ask a question -
Sep 19th 2020
16
           Most of OKP is balling bruh...
Sep 20th 2020
23
If you're trading options....
Sep 19th 2020
12
You can buy options with expirations dates that are months or yrs out
Sep 19th 2020
17
What is a “good” number of shares to have?
Sep 19th 2020
13
it all depends on your strategy.
Sep 19th 2020
18
You decide how many based on portfolio size and diversification goal
Sep 20th 2020
24
      Right! Risk Management is very important.
Sep 22nd 2020
31
woke up and just bought some more DAL
Sep 19th 2020
15
Delta. More Power to ya.
Sep 19th 2020
19
      Yessir on DraftKings
Sep 20th 2020
26
           Depends on your goal. Never went broke making a profit.
Sep 22nd 2020
28
Look. I'm not crapping on Poor People. That's some BS.
Sep 22nd 2020
32

Stadiq
Member since Dec 21st 2005
3967 posts
Fri Sep-18-20 02:29 PM

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1. "oh good I was worried"
In response to Reply # 0


          



Police killings, kids in cages, raging pandemic, etc

but I was really worried about the stock market.

Yes, I'm aware we can worry about multiple things at once.

But, these 401ks were a fucking brilliant way to make sure we trick ourselves into thinking our priorities align..at all...with theirs.

Even if you got what 10k in stocks as well...that still somehow has folks worried about the same things as the CEO of my employer.

Type of thinking has normal people thinking the economy is good with double digit unemployment.

Shit is baffling and infuriating.


And when is the soonest any of us could cash in our ships? 20 years? 30?

Regular ass people getting high or low off the stock market while the world is burning is...something.

  

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Case_One
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54575 posts
Sat Sep-19-20 12:12 PM

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6. "Do you go to work or did you quit to be a 16 hr 7 day a week protester?"
In response to Reply # 1


  

          

Nope. So, what the heck does any of what you typed have to do with this post.

  

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calij81
Member since Jan 17th 2007
11916 posts
Fri Sep-18-20 05:00 PM

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2. "This is great news for the rich, I would hate for them to lose some of"
In response to Reply # 0


          

their wealth and not be able to buy that extra home or yacht at the end of this year.

I was really worried about them but my mind is at ease now.

  

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Case_One
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54575 posts
Sat Sep-19-20 12:11 PM

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5. "Actually, you don't have to be rich to play the market. Factional Shares"
In response to Reply # 2


  

          

Brokers like Robinhood, Fidelity, Charles Schwab, M1 Finance and TD Ameritrade offer the ability to buy stocks and fractions of stocks without any fees $0. You can start investing and build a portfolio over time.

  

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Lurkmode
Member since May 07th 2011
4021 posts
Fri Sep-18-20 08:16 PM

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3. "lol"
In response to Reply # 0


  

          


---------------------------
Signature

  

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vik
Charter member
13137 posts
Fri Sep-18-20 09:23 PM

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4. "Yo Rev, I think you wanted it to be one way ..."
In response to Reply # 0


  

          

---

But hell, what do I know?

  

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Case_One
Charter member
54575 posts
Sat Sep-19-20 12:14 PM

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7. "What do you mean?"
In response to Reply # 4


  

          

I don't understand your comment.

  

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vik
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13137 posts
Sat Sep-19-20 01:44 PM

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8. "I do not believe this post is going as intended thus far,"
In response to Reply # 7


  

          

apologies should I have misconstrued.

---

But hell, what do I know?

  

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Case_One
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54575 posts
Sat Sep-19-20 08:16 PM

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20. "Some folks are scared to make money."
In response to Reply # 8


  

          

It's how they live.

  

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vik
Charter member
13137 posts
Sat Sep-19-20 09:23 PM

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21. "Eh, I think that's a quite pedestrian way to view the initial responses"
In response to Reply # 20


  

          

Glad to see that it's picking up though!

---

But hell, what do I know?

  

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Case_One
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54575 posts
Sat Sep-19-20 10:46 PM

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22. "It is what it is."
In response to Reply # 21


  

          

It’s a mindset and a cause.

  

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Damali
Member since Sep 12th 2002
34679 posts
Sun Sep-20-20 02:54 PM

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25. "People are scared to lose money."
In response to Reply # 20


          

Particularly, those of us who are poor.

Buying stock is always a gamble..don't shit on people who don't want to gamble.

d

  

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Case_One
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54575 posts
Tue Sep-22-20 10:34 AM

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29. "People eat up more money on some random nonsense than they'll lose"
In response to Reply # 25
Tue Sep-22-20 10:35 AM by Case_One

  

          

>Particularly, those of us who are poor.
>

Then the market ain't for poor people. But some people ain't poor or broke, they just have a poverty mindset and are scared of losing. You can't win living in fear.

>Buying stock is always a gamble..don't shit on people who
>don't want to gamble.

Then this post ain't for the people that don't want to invest in their future.


  

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soulpsychodelicyde
Member since Nov 18th 2003
12035 posts
Sun Sep-20-20 06:03 PM

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27. "No one is scared to make money."
In response to Reply # 20


          

What are you even talking about?! Christ.

  

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Case_One
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54575 posts
Tue Sep-22-20 10:35 AM

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30. "Some people are scared to make money - Scared of risk."
In response to Reply # 27


  

          


.
.

“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

The Case for Christ Lecture: https://youtu.be/67uj2qvQi_k

Good News: https://www.goodnewsnetwork

  

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Mgmt
Member since Feb 17th 2005
21302 posts
Sat Sep-19-20 01:55 PM

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9. "Im with you, Rev"
In response to Reply # 0


  

          

Please keep throwing news/tips our way.

I have been poor all my life , but a constructive course may be to look into opportunities like the one APPL is giving rather than poo poohing the system.

  

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legsdiamond
Member since May 05th 2011
67627 posts
Sat Sep-19-20 02:39 PM

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10. "It’s the OKP way"
In response to Reply # 9


          

Typing activist and shit.

It’s I’m possible to be mad af and also take advantage of an investment opportunity

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

  

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calij81
Member since Jan 17th 2007
11916 posts
Sat Sep-19-20 02:45 PM

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11. "He is talking about buying Apple, which is great if you got the money "
In response to Reply # 10


          

Yeah, Apple is down but is still trading at $106 a share. How many regular folks on here have a bunch of cash lying around to purchase a significant number of shares of Apple?

  

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Mafamaticks
Member since Jan 12th 2004
4265 posts
Sat Sep-19-20 05:02 PM

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14. "You can do fractional shares now"
In response to Reply # 11


  

          

You don't have to have the whole $106 to invest.

  

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Case_One
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54575 posts
Sat Sep-19-20 08:00 PM

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16. "Because you can buy factions of an Apple share. Ask a question - "
In response to Reply # 11


  

          

first before going off about things. I already explained the topic in an earlier response.

  

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legsdiamond
Member since May 05th 2011
67627 posts
Sun Sep-20-20 07:34 AM

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23. "Most of OKP is balling bruh... "
In response to Reply # 11
Sun Sep-20-20 07:41 AM by legsdiamond

          

don’t let the okp activism fool you.

These people got money.

Rev hipped me to M1. If you can’t buy whole shares, buy fractions.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

  

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Kira
Member since Nov 14th 2004
28276 posts
Sat Sep-19-20 04:20 PM

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12. "If you're trading options...."
In response to Reply # 0


  

          

Be very careful. I'm taking a leap week due to volatility. Stay away from r/wallstreetbets at all costs.

No empathy for white misery (c) BDot

"root for everybody black haters say that's crazy, wow..."

  

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Case_One
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54575 posts
Sat Sep-19-20 08:02 PM

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17. "You can buy options with expirations dates that are months or yrs out"
In response to Reply # 12


  

          


.
.

“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

The Case for Christ Lecture: https://youtu.be/67uj2qvQi_k

Good News: https://www.goodnewsnetwork

  

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CherNic
Member since Aug 18th 2005
36909 posts
Sat Sep-19-20 04:25 PM

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13. "What is a “good” number of shares to have?"
In response to Reply # 0


  

          

Or does it vary by stock? Or are people like “buy 15-20 then move on?” I was given advice to do the latter as a brand new investor but curious what others think

  

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Case_One
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Sat Sep-19-20 08:11 PM

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18. "it all depends on your strategy. "
In response to Reply # 13


  

          

If your investing then you are going to be long in the market and holding a stock 3 to 5 yrs. It's all about Managing Risk! How much are you willing to lose and how long are you willing to wait for a good return. Holding on to a good stock will be beneficial, but you have to stomach the dips as the stock still climbs. Also, some stocks pay dividends too.

If you are a long investor can buy a stock over and over, load up on something like Nvidia, Apple, Tesla, anything that has over a billion in Market Cap, a solid trend upward (even with dips) that is also doing well. You will need to look at a 1 yr chart. Check out https://www.fool.com/ or https://finance.yahoo.com/


  

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Cocobrotha2
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Sun Sep-20-20 08:48 AM

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24. "You decide how many based on portfolio size and diversification goal"
In response to Reply # 13


          

You already know how much money you've got... you can figure out how much individual shares cost... now it's just a question of how much of your portfolio are you willing to invest in any 1 company.

If you're willing to put 50% of your money on one company, then you just figure out how many shares you can buy with that 50%. I think you'd at the very least want at least 2 shares so that you can sell part of your position without totally selling everything. So investing in AMZN ($2940) is probably way too expensive for someone who only has $10k to invest (unless they're using a service like RobinHood that lets them invest in fractions of a share).


For a well diversified portfolio, people recommend putting at most 5% of your portfolio in any particular stock.

So really, it's up to you. If you want to swing for the fences, you'll want to make big bets on a few companies. Just remember there's a sizeable risk you'll strike out too.

If you want a relatively low risk way to grow your money long term that beats inflation, then you diversify (easiest way to do this is to just "buy the market" by buying one of the total stock market index funds that invests in every stock).

<-><-><-><-><-><-><-><-><->
<-><-><-><-><-><-><-><-><->

  

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Case_One
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54575 posts
Tue Sep-22-20 10:37 AM

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31. "Right! Risk Management is very important. "
In response to Reply # 24


  

          


.
.

“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

The Case for Christ Lecture: https://youtu.be/67uj2qvQi_k

Good News: https://www.goodnewsnetwork

  

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Utamaroho
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17658 posts
Sat Sep-19-20 06:26 PM

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15. "woke up and just bought some more DAL"
In response to Reply # 0


  

          

thanks for the reminder

Red, Black, Green

  

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Case_One
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54575 posts
Sat Sep-19-20 08:15 PM

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19. "Delta. More Power to ya. "
In response to Reply # 15


  

          

I'd take DraftKings Inc. (DKNG) over Delta
.
.

“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

The Case for Christ Lecture: https://youtu.be/67uj2qvQi_k

Good News: https://www.goodnewsnetwork

  

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After_Words
Member since Aug 04th 2007
575 posts
Sun Sep-20-20 04:45 PM

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26. "Yessir on DraftKings"
In response to Reply # 19


  

          

I said in the other post that DraftKings should go up (it was $36-$37 at the time). It's at $55 right now! I'm not sure if I should sell in October or just let it ride til the end of the season. The greedy side of me wants to hold it, but I know if football goes down, the stock will go down too.

--------------------------------
"I'm sick of following my dreams, man. I'm just going to ask where they're going and hook up with 'em later." -- Mitch Hedberg

  

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Case_One
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54575 posts
Tue Sep-22-20 10:31 AM

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28. "Depends on your goal. Never went broke making a profit."
In response to Reply # 26


  

          

But you can go broke being greedy. Don't sell all the position. Take a little profit and reinvest later if you like it.
.
.

“It was the evidence from science and history that prompted me to abandon my atheism and become a Christian.” — Lee Strobel, The Case for Christ

The Case for Christ Lecture: https://youtu.be/67uj2qvQi_k

Good News: https://www.goodnewsnetwork

  

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Case_One
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Tue Sep-22-20 10:45 AM

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32. "Look. I'm not crapping on Poor People. That's some BS."
In response to Reply # 0


  

          

Folks want to argue about everything.

This post and others have been about the Stock Market and about sparking interest in investing in the market. I'm not offering financial advice. I'm just talking with like-minded folks. I can point people to classes and things if they want, or they can find their own.

This is just like any other post about random things. So save the drying and lies about me crapping on poor people. If you have questions, I can give an answer or point you to a resource. Other folks can do the same.

We're just in here talking about making money. Access to market has changed, fees are basically gone for investing in stocks, you can even invest in factions of a share, so you don't have to be rich.

Anyway, do what you like, but save the BS drama.

  

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