I thought I'd take a moment to express my appreciation for the investor discussions here at Stockaholics. Both the people and the free exchange of ideas have been a breath of fresh air. I've learned things from other web sites as well but I've never enjoyed a web site as much as this one. Thank you and I wish you all a great summer!
Likewise. Seems like we're finally starting to grow and get more sharing of ideas. Thanks for being a part of it Tom
There's a difference between investment and trading. I'm not opposed to trading. If someone can trade and make money, good for them. I am against uninformed gambling. But I also know that I am not correct in my opinions. Everyone should do what they want. And if they buy stocks like the stock market is a casino - that's their prerogative. I'm still going to voice my opinion that certain trades are stupid, and they can call me a hater. But I guess that's why the world is full of people with different points of view.
absolutely agree here. trading is very risky and is like playing football against 1.000 Messi's. if you're not 100% pro - you can lose a lot of money - and very fast. and indeed many young traders (driven by fancy ad's on social media) ruin themselves. i like studying companies over a longer time and then taking a small share in their development. of course we're all in search of the new apple, google, amazon, samsung etc. out there. and some of the big players now and be gone in 2030...
They lose money also. I look at stocks like Tesla, and hesitate. There are people who bought IBM when it rose above $200. Only to have a stock that's worth $100 less, today.
If I had to invest a lot of money seriously, then I would buy Amazon and Walmart and be done with it, but I like the casino vibe. Sometimes I will search penny stock and buy a million shares for $100. Probably going to lose it, but its more fun than a lotto ticket or slot machine. I mostly like watching to see what other people are doing and join in for the ride. The news is always fun too, it is mostly a psychological game to get people to think and behave a certain way, facts go out the window in favor of a reality tv show that turns into a Jerry Springer event.
As of Friday, it's pulling back. You will have to decide where you want to buy in. Amazon has been going down. Wal*Mart has pulled back from highs also. You could always look at funds grouped into sectors. eTrade sells no fee mutual funds. They're some tech funds which have eBay, Square, Amazon, Apple, Tesla.....and with any luck, they are managed with care.
I agree. When I had joined I had already browsed around a bit. I liked and clicked submit. Showing up on the top of page one in the SERPs on one of my searches sure did help me find ya too. (Good job admin) But yes, the crowd, the crew, the everything is what got my bobber yanked. (Recent phrase stolen from lottery winning buddies)
