Down but about to rebound? Only stock picks

Doomsday

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thats what I was trying to hear :camthegawd: you use Robinhood? I know a couple brehs a couple pages back were saying the way of receiving divs was a bit different for us brehs that use it

I have a stock account through my bank. I'm bougie like that.
 

Rigby.

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I found it online and Robinhood basically gives you the dividends in the form of cash in ur account, which is convenient
 

winb83

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I found it online and Robinhood basically gives you the dividends in the form of cash in ur account, which is convenient
Robinhood is a terrible brokerage. It doesn't have basic stuff like DRIP to reinvest those dividends into buying partial shares.
 

Ghostface Trillah

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Robinhood is a terrible brokerage. It doesn't have basic stuff like DRIP to reinvest those dividends into buying partial shares.

It's not a terrible brokerage. It's a beginner - intermediate level brokerage. DRIP isn't basic stuff either. People who slander Robinhood never had to pay $7- 12 bucks a trade. I'd take no DRIP over brokerage fees any day of the week.
 

morris

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Hope you guys are having a good day. My stocks always in the shytter today. Lost 6% on DBI and another 7% on the PINS
 

ahomeplateslugger

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It's not a terrible brokerage. It's a beginner - intermediate level brokerage. DRIP isn't basic stuff either. People who slander Robinhood never had to pay $7- 12 bucks a trade. I'd take no DRIP over brokerage fees any day of the week.

what brokerage do you use? and do you have a couple you recommend?
 

ahomeplateslugger

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What are you looking for?

Free trades? DRIP? Options? Margins?

i currently use robinhood right now so it's ok but i would like a place with cheap to moderately priced trade fees, DRIP and good info and resource.

i do have vanguard for my 401k and it's ok. was thinking of using them but they have pricey fees per trade.
 

Ghostface Trillah

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i currently use robinhood right now so it's ok but i would like a place with cheap to moderately priced trade fees, DRIP and good info and resource.

i do have vanguard for my 401k and it's ok. was thinking of using them but they have pricey fees per trade.

Stockpile has a 99¢ trade fee and DRIP because they specialize in fractional shares. Probably the best you're going to get because DRIP cost these free trade firms money. They have minimal amounts of information though but you can get all the information you would want from Yahoo Finance or Seeking Alpha.

For business purposes we use TD Ameritrade which is about $7 a trade but we probably do under 10 trades a month but that still adds up.

End of the day Free trades >>> DRIP by a long shot in my opinion.
 

ahomeplateslugger

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yooo Baidu just took a HUGE dip and is sitting at $135 right now. they're the #1 chinese search engine company, basically the google of china. i feel like this is another Alibaba situation. they have a history of rebounding so this will eventually bounce back. great time to buy.
 
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