Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

shyt i can't buy them all

I bought $EVRI yesterday

 

[FabTrey]

i have turned my Ally account into a trading/short term account. just bought more INO and MRNA. i'll be stop buying spec stocks with my other accounts and instead do all my trading here.


except INO/MRNA all of these are mrinvestorpro recommended.

Spoiler

if he fails, i fail

 

[FabTrey]

I bought $EVRI yesterday

just bought some too. if he gets half of his prediction right then i'll continue to buy whatever he is selling

 

[igottabaldhead]

Just Copped 50 shares of INO

And like 600 shares of CJJD. Hoping to sell both off for quick profit maybe tomorrow or Thursday

 

[Rickdogg44]

shyt i can't buy them all

These bio copanies... i can't keep up... I don't trust most of them. But i wrote them down on my mrinvestpro - to see he track record

 

[FabTrey]

These bio copanies... i can't keep up... I don't trust most of them. But i wrote them down on my mrinvestpro - to see he track record

biotech is volatile as fuk. it will pop one day. but it could be 10 years later.

 

[Rickdogg44]

i have turned my Ally account into a trading/short term account. just bought more INO and MRNA. i'll be stop buying spec stocks with my other accounts and instead do all my trading here.


except INO/MRNA all of these are mrinvestorpro recommended.

Spoiler

if he fails, i fail

I'm watching him hard as well as that ziptrader Charlie

 

[FabTrey]

I'm watching him hard as well as that ziptrader Charlie

that dude believes what he sells. he ain't vague like charlie. and that's why it makes me feel uneasy even more. there's no way he can be right more than 50% of the time unless he really is a master at this shyt. if he gets half of his shyt right then my account will be up 50% soon.


i hope he ain't like swag. like how he makes 100 predictions and gets 3 right and says 'i told you so'

 

[Chrishaune]

STIM
ATNM
KIN

 

[Chrishaune]

STIM took off and I just got in that hoe

 

[Kyle C. Barker]

I wish I bought more apple when it took a slight $20 dip last week.

It's been having a descent day today. I thought the store closings would've stagnated it for a bit

 

[FabTrey]

STIM took off and I just got in that hoe

looks like a good run. shyt i ain't got no money left to buy.

 

[mannyrs13]

Got my M1 with the faang stocks at a 20% split. Threw 1k in there and gonna put $50 a month in it. Maybe more depending on how my finances improve. Let's see how that goes.

 

[num123]

here is what i would do. Let's say you can invest $2500 monthly.

1. plan for your retirement at the age of 65. that's 30 years of serious compounding. Set it for 65, but you can always retire early. try to max your 401k out so you can get tax advantage. if you just have IRA then commit $500. and i pick my own stocks, but you don't have to. you can just do 3 fund portfolio. 401k max is like 18.7k i think. it changes every year. IRA is $6000 last i checked.

2. plan for accumulating wealth for next 10 years. - create M1. if you have 401k then commit $500 monthly toward this account. if you have IRA then put $1000 toward m1. pick your own ETF and auto invest.

3. start saving for your emergency fund. This is actually more important than #1 and #2. you have to do this before you save. because shyt always happens. save and don't spend. nikkas don't have enough $ and that's why they can't do #1 or #2. if i don't work right now, i can survive next 12 months without getting unemployment check. you should at least save up to 6 months. so after #1 and #2, you have about $500 monthly to save toward your emergency fund. this should be a separate savings account.

4. Get rid of your debt - Even more important than #3. Get rid of your bad debt first. mortgage is fine, even though i consider mortgage is evil. there's nothing you can do. but you can get rid of your credit card debt, student loans, and car payments. so if you got a debt then use your $2500 toward this.


and after all that you still have have extra money to invest? then you can open up trading account.


i know this will sound tough for most nikkas here. because shyt ain't easy. but it's the truth. when you have no debt, and have enough emergency fund built up then accumulating wealthy is easy.

1. Guess i will need to do that. I am at 10% contribution right now and my company matches 4%, but the max is 19,500 so i will need to catch up.

2. What is so good about M1?

3. I have 10 months saved

4. I have not debt at all

 

[num123]

Also, should i still put money into Acorns or should i take the money out and put it in something else?