The Brehs of Wall Street (Offical Stock Market Thread)

[Mr Rager]

cashed out this morning @ 16.98 / share

Cool. Now get back in.

 

[SleezyBigSlim]

Thanks breh will definitely do this. The reason I ask because I think a savings account is pointless outside of emergenices. I had been putting $200/month into Acorns, but that's babyish. Will probably start off with $1500 then go from there.

You have the right mindset. A savings account is for emergencies use your stock portfolio as your real savings account. This way your getting a return on the money you're saving vs letting it sit in a bank and they pay you like 1cent a year or something ridiculous like that.

 

[Adeptus Astartes]

Lol breh stop throwing out misinformation.

Google the difference between preferred and common.

This is exactly why robbin hood and them shut down. To protect uneducated investors from losing money. I cant believe AOC sounding like a republican with all this open market shyt....

Robinhood ain't my mama. They have no right to do shyt for my own good. fukk em. Hope they get hauled into congress to testify under oath re: market manipulation.

 

[JQ Legend]

Oh major facts. But I don't think AMC is done. In fact I think people are jumping in heavy at the dip.

Yea if anything this is gone further piss people off and make them pump the price even more than planned. Especially seeing these companies panicking basically letting people know we have power over their money. There might not even be a major dip that lasts long term. They might fukk around and pump AMC to $1k and GME to $5k

 

[Skooby]

don’t they own TD Ameritrade?

nah no they didn’t stand by their customers

They bought them out yes, but they haven't fully merged yet.

 

[Skooby]

If any of y’all played fallout new Vegas you know what Benny says at the beginning is true as fukk

What he say?

 

[Steel]

China owns amc

 

[JQ Legend]

You have the right mindset. A savings account is for emergencies use your stock portfolio as your real savings account. This way your getting a return on the money you're saving vs letting it sit in a bank and they pay you like 1cent a year or something ridiculous like that.

I was gone do the VOO index fund

Worth it or do you suggest something else?

 

[FaTaL]

China owns amc

I truly hope your lying

 

[YaThreadTrashB!]

I truly hope your lying

They own like 30% of it

 

[CarltonJunior]

I can't trust amc on any dip.

I'd buy some GME but it sounds like I'd have to go through hurdles to do it.

 

[SleezyBigSlim]

If i had a 401k I would be cashing it out immediately after that bullshyt they pulled this morning. Damn the penalties, they basically just showed you as long as you do business with them you have no control over your own shyt.

Bad advice. Most people's 401k doesn't contain any of these stocks.

 

[Steel]

I truly hope your lying

they are majority owners at 40%

 

[Astroslik]

They but bought them out yes, but they haven't fully merged yet.

Dudes don’t understand M&A.

 

[OnlyOneBoss]

Waiting for that Elon stimulus to come in for AMC