Boiler Room: The Official Stock Market Discussion

[ahomeplateslugger]

Gonna start buying $NKE.

was looking into this and seems like nike has some business fundamental issues to fix but looking at the chart it's looking like a good price to step in at. i am leaning to adding more to my position as well at this price despite their struggles.

 

[FabTrey]

Is it really though? it's a $150 position in a portfolio that's worth $11K on M1 Finance. It's not going to be a position I would consider serious about until they show they can operate at a profit and not lose like $40K or more on every car they sell. Basically it's not a serious investment.

Their new models are promising. I absolutely love the design. Scaling is a problem. Very interesting company. I bought some for a swing trade. 5bil investment from vw better not go waste.

 

[KING WILL]

Less than 12% away from my next major milestone.

This shyt is getting very exciting.

And Tesla, depending on how 8/8 goes is really just getting started. Imo

 

[Mirin4rmfar]

My investment strategy is strictly based on company potential and share counts but sometimes I do rethink it seeing stocks like NVIDIA run and $SOFI lags. I want to buy stocks between 5 - 20 bucks, accumulate and hold long term.

That was my strategy with HIMS, PLTR.

Another mistake I made. was not investing in my field. Back in 2015-2016, I invested so much time into building a cyber security career. My life would have been better, had I been investing in the field also. I just had no knowledge of investing.

 

[FabTrey]

My investment strategy is strictly based on company potential and share counts but sometimes I do rethink it seeing stocks like NVIDIA run and $SOFI lags. I want to buy stocks between 5 - 20 bucks, accumulate and hold long term.

That was my strategy with HIMS, PLTR.

Another mistake I made. was not investing in my field. Back in 2015-2016, I invested so much time into building a cyber security career. My life would have been better, had I been investing in the field also. I just had no knowledge of investing.

I feel you, breh. I missed out on investing in cryptos back in early 2013 when I had the chance. I had a friend who was an early adopter and went all in on crypto, but I didn't take him seriously. I had about $6,000 to spend, which would have been around 32 Bitcoins at that time.

Instead, what did I buy? I got myself some clothes and Js, and bought my wife a nice purse and shoes.

 

[FabTrey]

Trading watch list this week.

ANVS
MAXN
ZAPP
BENF
DYNT
SHPW


Look for the volume brehs. 5x relative volume. Use finviz. Get in after the first pull back.

 

[KING WILL]

Was messing round w/ a calculator today. I thought this pretty interesting.

Withdrawing $3k every month, from an $400k account, earning 9% interesting per year, for 28 years would leave with exactly $400k.

Earn 1% less interest, will leave you with about $18k

Earn 10% interest, will leave you with over $900k.

 

[Doomsday]

Was messing round w/ a calculator today. I thought this pretty interesting.

Withdrawing $3k every month, from an $400k account, earning 9% interesting per year, for 28 years would leave with exactly $400k.

Earn 1% less interest, will leave you with about $18k

Earn 10% interest, will leave you with over $900k.

Just goes to show you that even that 1% that we take for granted, would be the difference between being average or rich.

 

[FabTrey]

Was messing round w/ a calculator today. I thought this pretty interesting.

Withdrawing $3k every month, from an $400k account, earning 9% interesting per year, for 28 years would leave with exactly $400k.

Earn 1% less interest, will leave you with about $18k

Earn 10% interest, will leave you with over $900k.

Just goes to show you that even that 1% that we take for granted, would be the difference between being average or rich.

A $20 million dividend portfolio with a 3% yield generates 50k a month. For a $40 million portfolio, that's 100k a month. money works for these rich people.


I’ll never understand how those ballers go broke. All they have to do is invest half their earnings in dividend aristocrats. But I guess $50,000 to $100,000 a month is too little for them.

 

[FabTrey]

past 2 days trading. profit % is still low, but i ain't gonna complain.

i've started trading PLTR. will get in and out and just eat profits. considering selling puts as well.

 

[Doomsday]

PEGY looks like it wants to run. I sold early once it hit my goals, but it may hit 3.00 or more by the EOD bell.

 

[Mirin4rmfar]

$JMIA glad I didn't sell at a loss. It came back from the dead lol.

 

[KING WILL]

$tsla and $pltr flip flopping almost every other day for the largest position in my portfolio.

Eventually $sofi will get it together.

 

[FabTrey]

Past 2 days.

 

[Doomsday]

I told yaw about PEGY. Didn't hit 3 but was damn close (2.68) and is still primed to run. Probably will 2x from where it is by the end of the month.