Why duznt everybody just sit on tha beach and trade stocks?

[Xtraz2]

No you can't.

Some people could, but you can't.

 

[BlvdBrawler]

Prove me wrong then. Go make a ton of money day-trading. Post results when achieved. Good luck breh.

 

[TheBigBopper]

Imma invest 1,000 in Bank of America come this Tuesday

It's at 12 dollars a share and will only go up


I missed Citigroup at 2 dollars a share cuz I was broke and its at 40 dollars a share now. I would have made 14,000. I won't miss out with Bank of America

Do you even know what a P/E ratio is?

 

[Mr swag]

Do you even know what a P/E ratio is?

what is it?

 

[TheBigBopper]

what is it?

Price-to-earnings ratio. Basically, a stock can trade at 2 bucks a share, but if it's earning 2 cents a share in a year, it's expensive versus the market as a whole and likely dogshyt.

On the flip side, you can have a company that trades at $100k+ but earns 10K plus a share in a year and would be considered cheap versus the market as a whole coz it's PE ratio is low (100,000 divided by 10,000 equals a P/E of10) versus market P/E of 17ish.

Share price is irrelevant without context.

 

[Slystallion]

Get your cfa level 3 certification work as an investment banker for 10 years save most of your money then try your strategy

 

[Mr swag]

Price-to-earnings ratio. Basically, a stock can trade at 2 bucks a share, but if it's earning 2 cents a share in a year, it's expensive versus the market as a whole and likely dogshyt.

On the flip side, you can have a company that trades at $100k+ but earns 10K plus a share in a year and would be considered cheap versus the market as a whole coz it's PE ratio is low (100,000 divided by 10,000 equals a P/E of10) versus market P/E of 17ish.

Share price is irrelevant without context.

imma check that out

What is BOA PE???

 

[Xtraz2]

Price-to-earnings ratio. Basically, a stock can trade at 2 bucks a share, but if it's earning 2 cents a share in a year, it's expensive versus the market as a whole and likely dogshyt.

On the flip side, you can have a company that trades at $100k+ but earns 10K plus a share in a year and would be considered cheap versus the market as a whole coz it's PE ratio is low (100,000 divided by 10,000 equals a P/E of10) versus market P/E of 17ish.

Share price is irrelevant without context.