Boiler Room: The Official Stock Market Discussion

[the cac mamba]

I'm looking to start this week with investing, I know nothing about it but need to learn it.

Starting small with maybe 500 and will work my way up. Gonna read the first page but I don't know what app to use and my family wants me to do mutual funds.

Gonna get some coffee and give this a few hours tonight.

at this point, wait til you hear on the news about a market crash around the election, good time to buy in. or im sure we'll be talking about it in here

 

[Scott Larock]

at this point, wait til you hear on the news about a market crash around the election, good time to buy in. or im sure we'll be talking about it in here

I will consider that, what apps do you guys use for news of markets and so forth?

 

[bnew]

do you guys tend to buy a minimum of shares across all stock buys or you have a set minimum of cash amount to invest in stocks?

 

[Saysumthinfunnymike]

do you guys tend to buy a minimum of shares across all stock buys or you have a set minimum of cash amount to invest in stocks?

Shares don't matter to me as much as the amount of cash I'm allocating and the percentages on gains. I never want to spend more cash on a single stock than I was thinking about throwing at it.

But that said, I'm usually buying in waves. I don't just go all in at one set price.

 

[mannyrs13]

I will consider that, what apps do you guys use for news of markets and so forth?

M1finance is your best bet for investing. As far as news, there's various. I have marketwatch, there's also yahoo finance, I think google has one too, plus a few other sites. Just gotta find one that you like.

 

[Saysumthinfunnymike]

If you are brand new to investing I'd advise you just put some money into high growth ETFs like the ARK brand of ETFs and stick with that and learn about stock picking ... M1 Finance is good as well obviously but you'd want a mix of high growth and some safe plays like big tech and that is going to take a little more research.

Of course I am NOT an adviser so I cannot actually tell you all to do anything.

 

[Serious]

If you are brand new to investing I'd advise you just put some money into high growth ETFs like the ARK brand of ETFs and stick with that and learn about stock picking ... M1 Finance is good as well obviously but you'd want a mix of high growth and some safe plays like big tech and that is going to take a little more research.

Of course I am NOT an adviser so I cannot actually tell you all to do anything.

I’m think of making a starter kit post for new investors.....


Thing of it is, the deeper you get into this, the more it becomes a mindset.

So I don’t know quite how to simplify and curate the narrative.


It’s like I can tell people how to invest and what to invest in, but until they go through their own set of trial and errors they won’t fully understand the most important step, the why......


All I can say is the best time to start is now. Simply because you can’t time the market.


All the books and YouTube videos in the world can’t replace experience.

 

[Serious]

Markets green.....

IPOC up

 

[old pig]

5 SPAC Stocks That Have New Merger Deals With Huge Upside

Here are the five announced deals, and one rumored deal:

• Stable Road Acquisition (NASDAQ:SRAC) — Target: Momentus
• Social Capital Hedosophia Holdings Corp III (NYSE:IPOC) — Target: Clover Health
• RMG Acquisition (NYSE:RMG) — Target: Romeo Power Technology
• Live Oak Acquisition (NYSE:LOAK) — Target: Danimer Scientific
• Oaktree Acquisition (NYSE:OAC) — Target: Hims & Hers
• Bonus Target: Faraday Future

 

[K-Deini]

Bimi is a stock my penny brehs might want to look at. They have an earnings coming out soon and it should be great since they sell masks

Off to a good start this week

 

[Starski]

Apparently it’s the anniversary of the flash crash.... in today’s terms if that happens Spx would be 2800 by end of day today...: would have payed to see that

 

[K-Deini]

Dkng red again

 

[morris]

Dkng red again

If it goes to $30 or so status may have to buy some shares ...

 

[morris]

Everyone else's portfolio looking like a crime scene or just mine?

 

[K-Deini]

If it goes to $30 or so status may have to buy some shares ...

I was thinking anything under 40 but this thing has been free falling for a bit now