Boiler Room: The Official Stock Market Discussion

FabTrey

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I'm with @Serious on the options trading.
I haven't messed with it because the prospect of losing money just isn't all that appealing
to me. lol.
I'm team slow & steady with the consistent investments that have great potential for growth. :yes:


i second that:salute:


options are only worth it if you already arrived and got some money to play around. 25k sounds alot, but to FE it's nothing. that's why he can afford to have some fun.



it shouldn't be for those who just starting out. i've seen nikkas get excited and tryna make quick money. they all end up with no profits. it's only for those who are committed to do the dirty work and really learn the craft.

it's much easier to grow money through finding a nice stock and just dollar cost average.
 

FabTrey

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nikkas, never ever finance a car. just don't do it. :ufdup:

well at least just don't do it anymore. if you are financing a car, then try to sell it. buy a beater. go buy yourself nice Civic or Corolla for cash. :mjgrin:


instead of paying a car payment, invest that money. cars depreciate and lose value. expensive cars are your worst enemy. you got a lot of cash on you? then buy a nice used car straight cash. You got no cash? Then don't you pull a trigger on a new ride.

imagine you are a young dude and just bought a nice car 2 years ago financed for 60 months @$500 monthly. you still have 3 years left and paying the monthly 2023. and just imagine you put that $500 toward TSLA or SQ and just dollar cost average. just imagine the money you would've made by just passing up buying a nice car.

i don't plan to buy a new car anytime soon. when i'm ready to buy, i'm buying cold hard cash. Last time i made a car payment was 2013. I saved so much money not buying a car.

This is the smartest financial decision anyone can make. Mind on a big prize brehs. Acquire assets and no more increasing your liability.
 
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Serious

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Coli Investing Starter Kit



Start here:
Watch this in entirety:


Reading Material:
Read all the pdfs on this page:
White Papers Listing - ARK Invest

Read this page
Invest In The Future Today - ARK Invest

Explore this site in general:
ARK Invest | We Believe Innovation Is Key to Growth


Here's some books I recommend for beginners:

I suggest everyone start with the first two I have listed.

How to read a financial report:
Tracy, John A._ Tracy, Tage C - How to read a financial report_ wringing vital signs out of the numbers-Wiley (2020)

I actually created a cheat sheet, with all the main points, but I won't be sharing it. I want people to actually read it. :ufdup:

Investing for Dummies:
(For dummies) Paul J. Mladjenovic - Stock investing for dummies (2020)


This is my favorite read so far. It's very easy. Only took me a day. It definitely helped increase my risk tolerance.
Morgan Housel - The Psychology of Money:
Morgan Housel - The Psychology of Money_ Timeless Lessons on Wealth, Greed, and Happiness-Harriman House Limited (2020)



Investing YouTube Subscriptions worth following:
ARK Invest: (I've listened to every podcast / video they've posted)
https://www.youtube.com/channel/UCK-zlnUfoDHzUwXcbddtnkg
The Compound:
https://www.youtube.com/channel/UCBRpqrzuuqE8TZcWw75JSdw

Chicken Genius Singapore(a lot of great information is posted here):
https://www.youtube.com/channel/UC0OnreqP55xLpA6W5nzxb5Q


CNBC Television( I watch a few hours to keep my ears to the street):
https://www.youtube.com/channel/UCrp_UI8XtuYfpiqluWLD7Lw

CNBC(good overview to emerging sectors and companies):
https://www.youtube.com/channel/UCvJJ_dzjViJCoLf5uKUTwoA

CNBC International(probably my favorite CNBC channel to watch, the content is much better :hubie:)
https://www.youtube.com/c/CnbcIntl/videos

Economics Explained( A good overview of economic related content, I don't always agree with their analysis but its worth listening too):
https://www.youtube.com/channel/UCZ4AMrDcNrfy3X6nsU8-rPg

Financial Education(he has two channels):
https://www.youtube.com/channel/UCnMn36GT_H0X-w5_ckLtlgQ
https://www.youtube.com/channel/UCCmJVw9xQfYuuAAwZGedKRg

PBS Newshour(for general overview of politics):
https://www.youtube.com/channel/UC6ZFN9Tx6xh-skXCuRHCDpQ

Solving the Money Problem(Great overview of Tesla Content):
https://www.youtube.com/channel/UCagiBBx1prefrlsDzDxuA9A

Valuetainment Economics(good overview to investing, I only watch Adam Sosnick videos):
https://www.youtube.com/channel/UC7muJQNjKAQh0n6bZdYVGKQ

Wall Street Journal:
https://www.youtube.com/channel/UCK7tptUDHh-RYDsdxO1-5QQ




Also I'm not Financial Advisor, I'm just sharing my opinion. :sas2:

Bumping for any newer participants
 

Serious

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Serious

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:ohhh: The GOAT city may have just found me a stock with dividends that I can see tripling in the future. @Scholar




Their balance sheet and income statements are straight piff. It's the type of blue chip that should be trading at $180.



Ticker symbol is OTIS. Will research it more later.



Following its launch in 2000, the first units were installed in an apartment complex in Linz, Austria. Customers quickly embraced the Gen2's energy efficiency, ride quality and space-saving design. Sales reached 500,000 by 2016 and surpassed 1 million earlier this year.
newsfilter.io
:wow:
 
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dora_da_destroyer

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A lil IPO snippet...can’t believe that Peloton is responsible for 30% of Affirm’s revenue :huhldup:



Wish and Affirm aren’t in quite the same category. For Wish, which enables Chinese merchants to sell their cheap wares around the world, year-over-year sales growth slowed to 33% in its most recent quarter from 67% in the prior quarter. Affirm’s customers are heavily concentrated in another stock that has surged amid the pandemic’s stay-at-home strictures: The company, which provides installment loans to online shoppers, revealed that nearly 30% of its revenue comes from Peloton Interactive Inc. Peloton shares recently dropped on the news of promising vaccine developments.
 

Serious

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:francis: dahell does ipoc think it's doing. I hope people hurry up swing this, so that it gets back under 11, so I can finish loading up. :beli:


Only catalyst coming up is a synergy play on December 17th, with IPOB.

My goal is to have 1000+ shares by March....

The next catalyst is in April 2021.....

But to be honest this isn't schedule to pop until 2023.....

And that's if everything goes well....

It's really more like 2025. But it should start gaining so momentum, a few months from now as long as it continues to stay under the radar and isnt fomo'd out....


The longevity of this gold though, if you understand that this specifically what Medicare needs. I'd switch my Grandma from Kaiser to Clover if they offered it in California, in a heartbeat.
 

Rickdogg44

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:francis: dahell does ipoc think it's doing. I hope people hurry up swing this, so that it gets back under 11, so I can finish loading up. :beli:


Only catalyst coming up is a synergy play on December 17th....

My goal is to have 1000 shares by March....

The next catalyst is in April 2021.....

But to be honest this isn't schedule to pop until 2023.....

And that's if everything goes well....

It's really more like 2025. But it should start gaining so momentum, a few months from now as long as it continues to stay under the radar and isnt fomo'd out....


The longevity of this gold though, if you understand that this specifically what Medicare needs.
DCA :skip::lolbron::troll:
 
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