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Spidey Man

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Hi, I run amusement parks that were half empty this Summer, I run a digital streaming platform that is losing subscribers, I run a movie studio that put out about a half dozen flops which all went way over budget and I'm looking to get rid of some of my most prized assets. My Stock is now down to $80. A 52-week low.

Who am I?

:troll:

Forgot to add the extra clue about not wanting to pay writers or actors for the movies that haven't flopped
 

Serious

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Man that’s a lot lower than I thought. You can’t retire with those figures. But something better than nothing. Best thing to do for anyone is to get started!
My nephew, who's 17, is really enthusiastic about getting started with investing. However, teaching someone about this stuff feels a lot like teaching them how to drive, to be honest. I want to impart some wisdom to help him avoid making major mistakes, but it's tough because some losses are almost inevitable.

I've been advising him to consider buying SPY and QQQ, which are broad-based funds, as a good way to begin his investment journey. :heh:

But the key message I'm trying to convey is that if you want to make money in the market, you've got to know what you're looking for. I keep stressing to people that you should at least be casually reading whatever information CNBC posts daily. It's mind-boggling when my nephew asks me, "Hey Uncle @Serious, what should I invest in?" I mean, seriously? ( :wtf:)

How can people be that careless? If you're investing your hard-earned money, you should be keeping a close eye on it, like a hawk. 🦅 ( @Rickdogg44 )



With that said, man I luv this shyt :blessed:


:hubie:
 

chineebai

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My nephew, who's 17, is really enthusiastic about getting started with investing. However, teaching someone about this stuff feels a lot like teaching them how to drive, to be honest. I want to impart some wisdom to help him avoid making major mistakes, but it's tough because some losses are almost inevitable.

I've been advising him to consider buying SPY and QQQ, which are broad-based funds, as a good way to begin his investment journey. :heh:

But the key message I'm trying to convey is that if you want to make money in the market, you've got to know what you're looking for. I keep stressing to people that you should at least be casually reading whatever information CNBC posts daily. It's mind-boggling when my nephew asks me, "Hey Uncle @Serious, what should I invest in?" I mean, seriously? ( :wtf:)

How can people be that careless? If you're investing your hard-earned money, you should be keeping a close eye on it, like a hawk. 🦅 ( @Rickdogg44 )



With that said, man I luv this shyt :blessed:


:hubie:

My advice to any newbie that has ever asked me that was to invest in vt, vti, any of the ultra diversified vanguard funds. Dump it in there and just don’t touch it. It’ll perform better than like 90% of self managed funds. Another advice is to stop watching the Cartoon Network like cnbc hahah.
 

chineebai

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A lot of the more seasoned traders I know are playing it extremely safe, cash is also a position.

Sbux looks bearish below 95. Same with scwh below 57.50
 

chineebai

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Aapl 179 level is critical for support. Aapl down means market is down, aapl might as well be an etf at this point.
 

chineebai

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Dollar going up, nice confirmation of an inverse h&s breakout and riding the 8 day moving average. Good for my upcoming trips.
 

BlaxOps

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My nephew, who's 17, is really enthusiastic about getting started with investing. However, teaching someone about this stuff feels a lot like teaching them how to drive, to be honest. I want to impart some wisdom to help him avoid making major mistakes, but it's tough because some losses are almost inevitable.

I've been advising him to consider buying SPY and QQQ, which are broad-based funds, as a good way to begin his investment journey. :heh:

But the key message I'm trying to convey is that if you want to make money in the market, you've got to know what you're looking for. I keep stressing to people that you should at least be casually reading whatever information CNBC posts daily. It's mind-boggling when my nephew asks me, "Hey Uncle @Serious, what should I invest in?" I mean, seriously? ( :wtf:)

How can people be that careless? If you're investing your hard-earned money, you should be keeping a close eye on it, like a hawk. 🦅 ( @Rickdogg44 )



With that said, man I luv this shyt :blessed:


:hubie:

Investing a portion of their earnings is the main point we try to convey to our kids. Just being aware of the market and what is possible is 1000x better than what I grew up with. During covid, we had "Stock Saturday" to give them a good foundation in the market.

I agree, what to invest in is the tricky part. Right now, they've all got their individual stocks they like, plus what we buy for them. I've suggested that they stick to blue chips with a moat and limit their accounts to 1 or 2 speculative plays.
 

Serious

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My advice to any newbie that has ever asked me that was to invest in vt, vti, any of the ultra diversified vanguard funds. Dump it in there and just don’t touch it. It’ll perform better than like 90% of self managed funds. Another advice is to stop watching the Cartoon Network like cnbc hahah.
Im just saying if you can’t even casually consume the soft content CNBC puts out, then you have business in the market :hubie: . And I’m referring to their 10 minute content videos not their actual shows with people “debating”



 

Rickdogg44

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Sell to Open - IWN 09/15/2023 140.00 P - iShares Russell 2000 Value ETF (IWN)
Sell to Open - IWS 09/15/2023 108.00 P - iShares Russell Mid-Cap Value ETF (IWS)
 

Slim

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Valley of the SUNS
AAPL

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