What stocks yall buying during this crash? Let's get this money

Bboystyle

Bang Bang Packers gang!
Joined
May 2, 2012
Messages
43,467
Reputation
-2,416
Daps
71,163
Reppin
So. Cal
I’m a novice so I’m using cashapp to get my feet wet for now, already had an account & looks simple for a beginner..

That being said, I’m gonna look into oil since you mentioned it. Is Marathon a decent one? Little over 4 a share and gonna play the long term game like you said


Chevron, Shell, or Exxon.
 

10bandz

RIP to the GOAT
Supporter
Joined
Jul 27, 2015
Messages
42,131
Reputation
7,082
Daps
209,239
I’m a novice so I’m using cashapp to get my feet wet for now, already had an account & looks simple for a beginner..

That being said, I’m gonna look into oil since you mentioned it. Is Marathon a decent one? Little over 4 a share and gonna play the long term game like you said
I have MRO I got in at 3.45 it was over 4 earlier this morning
 
Joined
May 21, 2012
Messages
32,824
Reputation
4,332
Daps
178,070
Reppin
NYC
I agree. I have a friend who taught me this stuff but I always just end up letting my financial advisors handle it. Any tips for a novice who wants to get more involved but time is not really available?

You probably have 2 approaches:

More passive investing:
1) Put your money in in SPY ETF, which tracks the S&P 500, and forget about it.
2) Put your money in a combination of Different ETFs that reflect different industries (e.g., VGT or XLK for Tech / Information Services, XLF for Financials, XLP for Consumer Staples, XLV for Healthcare)

The benefit to the ETFs is that effectively represents a basket of stocks so there is implicit diversification that you don't need to do yourself

More active investing:
1) You can selectively pick your stocks. If you're new and want to do that, I'd recommend getting your feet wet with traditional blue chip stocks
2) As you develop more comfort and a bigger risk appetite, you can start thinking about more speculative plays

If you're going to be a more active investor, you want to 1) know how to read financial statements and 2) always pay attention to news specific to your company or sector that will impact trading.

Just to even orient yourself, spend some time watching and reading CNBC
 

Diondon

Thanks to the lawyers uh, I marbled the foyer
Joined
Mar 19, 2013
Messages
38,090
Reputation
8,116
Daps
170,297
Reppin
Somewhere tropic...
NEM
$50.96
0.85 (1.69%)


ORCL
$51.70
0.21 (0.40%)


KHC
$27.22
1.31 (5.09%)


AMD
$48.55
1.03 (2.16%)


BAC
$22.60
1.21 (5.65%)

:yeshrug: Scared money don't make money
 

HabitualChiller

Enjoying a Long Night of Solace✌
Supporter
Joined
Oct 27, 2016
Messages
16,074
Reputation
3,618
Daps
49,759
Reppin
Somewhere on an Xbox
My Filipino homie made off on Carnival like a damn bandit:skip:.

I thought my portfolio was looking nice, but cuz had double what I have just off of 3 stocks:skip:.

Bruh has like 50 shares of Carnival:wow:.
 
Joined
May 1, 2012
Messages
177,703
Reputation
22,346
Daps
582,200
Reppin
49ers..Braves..Celtics
Carnival going back down, trust me

Today was the pump fake of all pump fakes, I sold a lot in the afternoon session because I saw the writing on the wall. All I'm doing is selling high and adding to my portfolio on the dip.

Anyone who is new to investing in here, I'm not an expert but trust there will be dips this market is all over the place so follow closely....
 

Bboystyle

Bang Bang Packers gang!
Joined
May 2, 2012
Messages
43,467
Reputation
-2,416
Daps
71,163
Reppin
So. Cal
My Filipino homie made off on Carnival like a damn bandit:skip:.

I thought my portfolio was looking nice, but cuz had double what I have just off of 3 stocks:skip:.

Bruh has like 50 shares of Carnival:wow:.


I got 89 shares and bought in at $9.21 and again at $10.32. Aint gonna sell till hit hits $30+
 
Top