Boiler Room: The Official Stock Market Discussion
Which stocks y’all watching? Just the big ones AMD and Nvidia or is there something else??
without the market today, might as well be sunday pt 2
for damn sure aint tryna do actual work @ work today...the stock market is my new 9-4
for damn sure aint tryna do actual work @ work today...the stock market is my new 9-4
dora_da_destroyer
Master Baker
Individual stocks - AMD, TSM, QCOM, MRVL, NVDA...TXN could be interesting with the US picking up mfg
ETF's - SMH or SOXX
Saysumthinfunnymike
VOTE!!!
i woke up and checked my phone. Remembered market wasn't open.
ogc163
Superstar
GameStop Investors Who Bet Big—and Lost Big
"Salvador Vergara was so enthusiastic about GameStop Corp. GME 2.54% in late January that he took out a $20,000 personal loan and used it to purchase shares. Then the buzzy stock plunged nearly 80%...He didn’t want to touch his index-fund investments, so instead he got a personal loan with an 11.19% interest rate from a credit union and used it to fund most of his GameStop purchase. He bought shares at $234 each."
"Salvador Vergara was so enthusiastic about GameStop Corp. GME 2.54% in late January that he took out a $20,000 personal loan and used it to purchase shares. Then the buzzy stock plunged nearly 80%...He didn’t want to touch his index-fund investments, so instead he got a personal loan with an 11.19% interest rate from a credit union and used it to fund most of his GameStop purchase. He bought shares at $234 each."
Saysumthinfunnymike
VOTE!!!
GameStop Investors Who Bet Big—and Lost Big
"Salvador Vergara was so enthusiastic about GameStop Corp. GME 2.54% in late January that he took out a $20,000 personal loan and used it to purchase shares. Then the buzzy stock plunged nearly 80%...He didn’t want to touch his index-fund investments, so instead he got a personal loan with an 11.19% interest rate from a credit union and used it to fund most of his GameStop purchase. He bought shares at $234 each."
that almost reads like a parody.
Isn’t the rule to only invest up to 10% of your worth?GameStop Investors Who Bet Big—and Lost Big
"Salvador Vergara was so enthusiastic about GameStop Corp. GME 2.54% in late January that he took out a $20,000 personal loan and used it to purchase shares. Then the buzzy stock plunged nearly 80%...He didn’t want to touch his index-fund investments, so instead he got a personal loan with an 11.19% interest rate from a credit union and used it to fund most of his GameStop purchase. He bought shares at $234 each."
ogc163
Superstar
A cool channel, dude trades using Nassim Taleb's frameworks as a foundation.
Asymmetric odds is such an important idea to understand.
Asymmetric odds is such an important idea to understand.
So much fail in this post.GameStop Investors Who Bet Big—and Lost Big
"Salvador Vergara was so enthusiastic about GameStop Corp. GME 2.54% in late January that he took out a $20,000 personal loan and used it to purchase shares. Then the buzzy stock plunged nearly 80%...He didn’t want to touch his index-fund investments, so instead he got a personal loan with an 11.19% interest rate from a credit union and used it to fund most of his GameStop purchase. He bought shares at $234 each."
A loan at 11.19%
. That's a sign right there that he shouldnt have gone through with it.Then he bought at $234 a share.
But damn what of loan officer approved of this shyt
How fukked up does someones credit have to be, to be given a loan at 11.19%
Do you mean in one stock or in general? Investing 10% of your worth in stocks is very low.
ogc163
Superstar
So much fail in this post.
A loan at 11.19%
Then he bought at $234 a share.
But damn what of loan officer approved of this shyt
How fukked up does someones credit have to be, to be given a loan at 11.19%
That is why timing is important. Tons of people did the same when it was $25-40. share and likely made a killing. He should've known better than to buy in @$200+....