Distinct Lunatic Posted August 28, 2020 Share Posted August 28, 2020 A buddy of mine has that one app Stash on his phone, where you can invest in stock and so on. I'm not sure how long he's been invested in that stuff but he has been able to profit a couple hundred bucks during that time. I installed the app and was looking around on it a bit, I do think it's something I want to try out a bit, but the problem is I'm not entirely sure what'd be a good idea to invest in. Amazon, Apple, and Tesla seem like the major ones to invest in but the cost of stock for those three is between $500 and $3400. So that's an obvious no go. For the record I'm not expecting to make major bank from this, that's the kind of thing that'd only work if you have a large amount to invest, and can buy large amounts of shares instead of only a couple. But if I am gonna give this a try I'd like to get something substantial back so that it's not just a money sink. Link to comment Share on other sites More sharing options...
resurrected Posted August 28, 2020 Share Posted August 28, 2020 Do like the senators did and invest in virtual education programs. Tesla will tank before too long. Have you seen their cars? Expensive garbage. In my opinion. Anything affected by the pandemic, stay away from right now. You can always invest in pork bellies. Link to comment Share on other sites More sharing options...
wacky1980 Posted August 28, 2020 Share Posted August 28, 2020 dump a grand into penny stonks and then sit on it for the next 5 years. 1 Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted August 28, 2020 Author Share Posted August 28, 2020 1 minute ago, wacky1980 said: dump a grand into penny stonks and then sit on it for the next 5 years. Penny stocks? Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted August 28, 2020 Author Share Posted August 28, 2020 13 minutes ago, resurrected said: Do like the senators did and invest in virtual education programs. Tesla will tank before too long. Have you seen their cars? Expensive garbage. In my opinion. Anything affected by the pandemic, stay away from right now. You can always invest in pork bellies. I feel like the best strategy is to keep an eye out for any upcoming businesses from silicon valley. To get in there while the stock is so cheap. Link to comment Share on other sites More sharing options...
Poof Posted August 28, 2020 Share Posted August 28, 2020 51 minutes ago, resurrected said: Do like the senators did and invest in virtual education programs. Tesla will tank before too long. Have you seen their cars? Expensive garbage. In my opinion. Anything affected by the pandemic, stay away from right now. You can always invest in pork bellies. I think tesla will fall too. Elon Musk is not tony stark and there will be competition in the luxury/sleek EV market soon enough 1 Link to comment Share on other sites More sharing options...
Swimmod_Luna Posted August 28, 2020 Share Posted August 28, 2020 I use Stash and you can invest with as little as a penny, you don't have to buy a whole share of anything. Link to comment Share on other sites More sharing options...
new_disease Posted August 28, 2020 Share Posted August 28, 2020 Companies producing alternatives to meat might do good, that seems like an expanding market seeing as how Carl's Jr, Burger King, and Del Taco now offer items with the vegetarian meat Link to comment Share on other sites More sharing options...
Tricolor Posted August 28, 2020 Share Posted August 28, 2020 meatballs sandwiches never go out of style. Try that? Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted August 28, 2020 Author Share Posted August 28, 2020 48 minutes ago, Poof said: I think tesla will fall too. Elon Musk is not tony stark and there will be competition in the luxury/sleek EV market soon enough I think Tesla will still succeed as a company but I don't see their stock prices staying that big. Once the hype dies I see it dropping below $1000 Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted August 28, 2020 Author Share Posted August 28, 2020 25 minutes ago, new_disease said: Companies producing alternatives to meat might do good, that seems like an expanding market seeing as how Carl's Jr, Burger King, and Del Taco now offer items with the vegetarian meat Know the name of those companies? Link to comment Share on other sites More sharing options...
tsar4 Posted August 28, 2020 Share Posted August 28, 2020 Buy BRK-A while it's still low. 1 Link to comment Share on other sites More sharing options...
Poof Posted August 28, 2020 Share Posted August 28, 2020 24 minutes ago, Distinct Lunatic said: I think Tesla will still succeed as a company but I don't see their stock prices staying that big. Once the hype dies I see it dropping below $1000 It's about to do a 5 for 1 split, so at $2200 right now it would be at $440 after the split. I get what you mean tho, dropping over 50%. Link to comment Share on other sites More sharing options...
new_disease Posted August 28, 2020 Share Posted August 28, 2020 (edited) 44 minutes ago, Distinct Lunatic said: Know the name of those companies? Beyond Meat is one of them, they're the ones with product in Carl's Jr and Del Taco. Impossible Foods is another, Burger King offers an impossible burger with their meat alternative. I don't think they're public yet, but it might be good to keep an eye out in case they decide to go public anytime soon. The others are regular beef companies that are getting into the plant based meat thing too because of their popularity. So maybe look up Tyson and Kellogg too. edit. I found this website if you want to browse through https://vegfaqs.com/vegan-companies-to-invest-in/#:~:text=Unfortunately%2C there's no Gardein stock,some vegan%2C some not). Edited August 28, 2020 by new_disease Link to comment Share on other sites More sharing options...
resurrected Posted August 29, 2020 Share Posted August 29, 2020 3 hours ago, Poof said: I think tesla will fall too. Elon Musk is not tony stark and there will be competition in the luxury/sleek EV market soon enough That's exactly what I think too. Musk is just too "look at me and what I'm spending my riches on." It's almost like he's just a big kid, playing. I was pulling for him to start with, but he just got too ridiculous in my opinion. Investing in him is risky, because he could just get bored all of a sudden, and move on to something else, dropping everything he has been doing in the process. Tanking his stock in the process. Link to comment Share on other sites More sharing options...
Seight Posted August 29, 2020 Share Posted August 29, 2020 Buy Sears. Literally, you could probably buy...all of Sears at this point. 1 2 Link to comment Share on other sites More sharing options...
tsar4 Posted August 29, 2020 Share Posted August 29, 2020 11 minutes ago, Seight said: Buy Sears. Literally, you could probably buy...all of Sears at this point. If you intend to to buy "old Sears", maybe. If you're thinking about buying "new Sears" (Transformco), you better bring a lot of green, especially when the owner has this to tool around in - Link to comment Share on other sites More sharing options...
Distortedreasoning Posted August 29, 2020 Share Posted August 29, 2020 i'd be weary of stocks. especially in super volatile times like these. if i had money to invest in it would be probably spread out in gold, crypto. or even magic cards. not that you cant make anything from stocks but you should probably understand whats going on in global economic news first. Link to comment Share on other sites More sharing options...
Poof Posted August 29, 2020 Share Posted August 29, 2020 3 minutes ago, Distortedreasoning said: i'd be weary of stocks. especially in super volatile times like these. if i had money to invest in it would be probably spread out in gold, crypto. or even magic cards. not that you cant make anything from stocks but you should probably understand whats going on in global economic news first. crypto is more volatile 1 Link to comment Share on other sites More sharing options...
Distortedreasoning Posted August 29, 2020 Share Posted August 29, 2020 2 minutes ago, Poof said: crypto is more volatile i should have said they seem more bubble like than ever before. with the amount of money getting pumped into the market, you just gotta wonder when will it pop. you could say this about other things too, so the point is to diversify. Link to comment Share on other sites More sharing options...
jezebelthenun Posted August 29, 2020 Share Posted August 29, 2020 Taco says, "Disney is up a bit. It might go up more, but you won't make a lot. Exxon Mobil, or Shell Oil, you'll double or triple your money in 2-3 years. Airlines are trading low, but risky since it's iffy as to which will survive. American is a decent choice. Southwest is a better bet, but less money to be made. Oil is the clear winner, with the others being more risky by far." That's paraphrased. He said a lot more that didn't matter. 2 Link to comment Share on other sites More sharing options...
Poof Posted August 29, 2020 Share Posted August 29, 2020 47 minutes ago, jezebelthenun said: Taco says, "Disney is up a bit. It might go up more, but you won't make a lot. Exxon Mobil, or Shell Oil, you'll double or triple your money in 2-3 years. Airlines are trading low, but risky since it's iffy as to which will survive. American is a decent choice. Southwest is a better bet, but less money to be made. Oil is the clear winner, with the others being more risky by far." That's paraphrased. He said a lot more that didn't matter. Only the dinky contract airlines are going out of business. The major airlines are safe 1 Link to comment Share on other sites More sharing options...
BlackNoir Posted August 29, 2020 Share Posted August 29, 2020 (edited) Didn't oil companies drop real hard at the cusp of disbelief and toilet paper hoarding.....I was thinking of getting in on that but I'm chicken shit about my money and didn't do it. It's one of the reason I wish financial literacy and wealth building was bigger in the black community. All I know is saving, and no ne ever got rich just handcuffing their coins.....But bigger than that, I'm trying to invest in myself because i only trust me. But due to the current climate, I'm glad I didn't jump into the medical Mary game, or restaurant biz this year....Because that was the plan, but it seems my inner dragon paid off this time. Edited August 29, 2020 by Radical Left 2 Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted August 29, 2020 Author Share Posted August 29, 2020 9 hours ago, jezebelthenun said: Taco says, "Disney is up a bit. It might go up more, but you won't make a lot. Exxon Mobil, or Shell Oil, you'll double or triple your money in 2-3 years. Airlines are trading low, but risky since it's iffy as to which will survive. American is a decent choice. Southwest is a better bet, but less money to be made. Oil is the clear winner, with the others being more risky by far." That's paraphrased. He said a lot more that didn't matter. I chose to do $10 every two weeks for Exxon Mobil. It does make sense to me to invest in these oil companies cause once the Rona eventually passes and people are driving more and the demand goes up more it'd make sense for the stock value for those companies to go back up. 1 Link to comment Share on other sites More sharing options...
tsar4 Posted August 29, 2020 Share Posted August 29, 2020 10 hours ago, jezebelthenun said: Taco says, "Disney is up a bit. It might go up more, but you won't make a lot. Exxon Mobil, or Shell Oil, you'll double or triple your money in 2-3 years. Airlines are trading low, but risky since it's iffy as to which will survive. American is a decent choice. Southwest is a better bet, but less money to be made. Oil is the clear winner, with the others being more risky by far." That's paraphrased. He said a lot more that didn't matter. Oil Companies are a tough call. Chevron, for example, left a mess in Ecuador, lost a lawsuit for billions and has been dragging out the thing in courts for years. Meanwhile, one of their subsidiaries is "EGO Power", creating lawnmowers, snowblowers & various yard tools that run off the same interchangeable batteries. You can even use the batteries to keep some stuff running during power outages. I'd love for Chevron to spin EGO off. I can't support the parent co., but I want to support EGO. 1 Link to comment Share on other sites More sharing options...
DragonSinger Posted August 29, 2020 Share Posted August 29, 2020 10 hours ago, Radical Left said: Didn't oil companies drop real hard at the cusp of disbelief and toilet paper hoarding.....I was thinking of getting in on that but I'm chicken shit about my money and didn't do it. It's one of the reason I wish financial literacy and wealth building was bigger in the black community. All I know is saving, and no ne ever got rich just handcuffing their coins.....But bigger than that, I'm trying to invest in myself because i only trust me. But due to the current climate, I'm glad I didn't jump into the medical Mary game, or restaurant biz this year....Because that was the plan, but it seems my inner dragon paid off this time. Same. It would have been so nice to have been taught this stuff, and I'm only just now learning about stocks in my free time. 1 Link to comment Share on other sites More sharing options...
BlackNoir Posted August 30, 2020 Share Posted August 30, 2020 7 hours ago, DragonSinger said: Same. It would have been so nice to have been taught this stuff, and I'm only just now learning about stocks in my free time. All I was taught was saving and having a side hustle, but passive income from investments is where it's at. Link to comment Share on other sites More sharing options...
Naraku4656 Posted August 30, 2020 Share Posted August 30, 2020 SPY puts Link to comment Share on other sites More sharing options...
ITasteLikeSex Posted August 30, 2020 Share Posted August 30, 2020 On 8/28/2020 at 10:26 PM, Distortedreasoning said: i'd be weary of stocks. especially in super volatile times like these. if i had money to invest in it would be probably spread out in gold, crypto. or even magic cards. not that you cant make anything from stocks but you should probably understand whats going on in global economic news first. Any chase mythics out of 2XM are probably good pickups for the next week or so. Also full arts. Link to comment Share on other sites More sharing options...
DragonSinger Posted August 30, 2020 Share Posted August 30, 2020 51 minutes ago, Naraku4656 said: SPY puts Obligatory, "stonks only go up!" I feel dirty. Link to comment Share on other sites More sharing options...
Ginguy Posted August 30, 2020 Share Posted August 30, 2020 You are better off investing in the S&P 500 or Russel 2k if you are just kind of side hustling. SPDR funds are a good option since they are sector wide as opposed to individual stocks. Anything serious, get a fiduciary and have them do the investing, and make sure they have at least 25 mil in assets under management. One other thing, if you are serious about the market wait until after the election. If Trump wins, DJIA hits 30k by New Years, if Biden wins it his 20k. Just sayin'. 1 Link to comment Share on other sites More sharing options...
Distortedreasoning Posted August 31, 2020 Share Posted August 31, 2020 7 hours ago, ITasteLikeSex said: Any chase mythics out of 2XM are probably good pickups for the next week or so. Also full arts. i havent really kept up with 2xm but if i were to buy any singles as an investment it would be any of the alternate rt stuff that are played in multiple formats like modern or edh. the tron lands with the karn seem good. modern and edh have historically gone up a ton. especially edh. 2xm is such a gamblers set tho. hard to recommend, you might be better off getting sealed product. Link to comment Share on other sites More sharing options...
Poof Posted August 31, 2020 Share Posted August 31, 2020 36 minutes ago, Distortedreasoning said: i havent really kept up with 2xm but if i were to buy any singles as an investment it would be any of the alternate rt stuff that are played in multiple formats like modern or edh. the tron lands with the karn seem good. modern and edh have historically gone up a ton. especially edh. 2xm is such a gamblers set tho. hard to recommend, you might be better off getting sealed product. Ive never heard of any of these stonks Link to comment Share on other sites More sharing options...
Poof Posted August 31, 2020 Share Posted August 31, 2020 I bought tesla today to kill it. I figured it's the only way. I was mad that it went up another 10% in the first 3 hours of trading today. Mad that it could keep going up after becoming so divorced from reality just bc everyone thinks he's tony stark. I said to myself I wish I had the money to short / put it but I don't. Then I realized. Since I'm not allowed to make real gains in the market, if I buy it, it'll just stop or go down. The biggest rally in history would stop if only I bought into it. And I'm already down 1% Muahahahaha take that elon musk you're no match for me! I wanted to kick him in the balls so bad and now I've done it. I can't believe I didn't think of this before. I spent about an hour one day trying to find a bear/short fund that had tesla to be able to show my distaste for musk but all this time the answer was so simple. Buy it. Since God hates you, it will stop. It was a eureka moment clearer than air itself. Just watch. It won't go above $500 now. Poof did that. 2 Link to comment Share on other sites More sharing options...
HardcoreHunter Posted August 31, 2020 Share Posted August 31, 2020 I bought tesla when it was $320 a share back in march. Sold it off when it got to $1850 a share. Could have stayed in a little longer, but got a little nervous since I knew all the crap was going on and we were heading into the end of the quarter. Am happy with the return though. 1 Link to comment Share on other sites More sharing options...
ITasteLikeSex Posted August 31, 2020 Share Posted August 31, 2020 13 hours ago, Distortedreasoning said: i havent really kept up with 2xm but if i were to buy any singles as an investment it would be any of the alternate rt stuff that are played in multiple formats like modern or edh. the tron lands with the karn seem good. modern and edh have historically gone up a ton. especially edh. 2xm is such a gamblers set tho. hard to recommend, you might be better off getting sealed product. I'm gonna pull the trigger on foil full art tron lands this week since they're like 35/ea and non foils are 30ish. Link to comment Share on other sites More sharing options...
Distortedreasoning Posted September 1, 2020 Share Posted September 1, 2020 10 hours ago, ITasteLikeSex said: I'm gonna pull the trigger on foil full art tron lands this week since they're like 35/ea and non foils are 30ish. oh man, i didnt mean to tell you you go out and buy the cards lol. i think youll be fine. Link to comment Share on other sites More sharing options...
Distortedreasoning Posted September 1, 2020 Share Posted September 1, 2020 23 hours ago, Poof said: Ive never heard of any of these stonks magic cards. they somehow just keep going up historically. especially reserve list cards and older sealed product. Link to comment Share on other sites More sharing options...
Sawdamizer Posted September 1, 2020 Share Posted September 1, 2020 Ahhhh shit 1 Link to comment Share on other sites More sharing options...
Poof Posted September 1, 2020 Share Posted September 1, 2020 2 hours ago, Sawdamizer said: Ahhhh shit I told u this was the end bc I bought it. But Elon Musk has foiled me againe!! He waited until I joined in then he took all me money!!! I'll get you next time Musk! Next time!!!!! 1 Link to comment Share on other sites More sharing options...
ITasteLikeSex Posted September 1, 2020 Share Posted September 1, 2020 11 hours ago, Distortedreasoning said: magic cards. they somehow just keep going up historically. especially reserve list cards and older sealed product. FETCHLANDS CONFIRMED FOR ZENDIKAR BOX TOPPERS AND IN MH2 PACKS Link to comment Share on other sites More sharing options...
Poof Posted September 1, 2020 Share Posted September 1, 2020 4 hours ago, Poof said: I told u this was the end bc I bought it. But Elon Musk has foiled me againe!! He waited until I joined in then he took all me money!!! I'll get you next time Musk! Next time!!!!! this is playful but it is some bullshit and exactly what i was talking about god hates me Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted September 1, 2020 Author Share Posted September 1, 2020 I wish I got into stock investment sooner, would have made some good money with Nvidia with their new GPU announcement. I cancelled my investment in the one oil company and put it towards them instead, and plan on doing $10 a week. I put $50 toward Amazon and am doing about $20 biweekly. 1 Link to comment Share on other sites More sharing options...
Ginguy Posted September 2, 2020 Share Posted September 2, 2020 11 hours ago, Sawdamizer said: Ahhhh shit Apple split as well. https://www.marketwatch.com/story/3-things-to-know-about-apples-stock-split-2020-08-28 Link to comment Share on other sites More sharing options...
Distortedreasoning Posted September 2, 2020 Share Posted September 2, 2020 12 hours ago, ITasteLikeSex said: FETCHLANDS CONFIRMED FOR ZENDIKAR BOX TOPPERS AND IN MH2 PACKS too bad they wont be legal in standard. the set is looking pretty good from what has been previewed. sets with fetches usually perform well historically so it might be a good set to invest in. again i have to say im no financial adviser lol. im just a guy thats been playing the game for a long time now and have seen card prices go up. Link to comment Share on other sites More sharing options...
Poof Posted September 3, 2020 Share Posted September 3, 2020 GO GO GO GO GO YOU'RE MINE NOW MUSK TESLA IS AT 403 TESLA WILL CLOSE BELOW 400!! I KNOW IT!!! I'M IN SQQQ WHICH HAS TESLA EXPOSURE WHICH MEANS IM SHORTING YOU MUSK I HAVE YOU NOW ELOOOOOOOOOOOOOON 1 Link to comment Share on other sites More sharing options...
Sawdamizer Posted September 3, 2020 Share Posted September 3, 2020 7 minutes ago, Poof said: GO GO GO GO GO YOU'RE MINE NOW MUSK TESLA IS AT 403 TESLA WILL CLOSE BELOW 400!! I KNOW IT!!! I'M IN SQQQ WHICH HAS TESLA EXPOSURE WHICH MEANS IM SHORTING YOU MUSK I HAVE YOU NOW ELOOOOOOOOOOOOOON 1 Link to comment Share on other sites More sharing options...
Poof Posted September 3, 2020 Share Posted September 3, 2020 4 minutes ago, Sawdamizer said: 1 Link to comment Share on other sites More sharing options...
Distinct Lunatic Posted September 3, 2020 Author Share Posted September 3, 2020 I put $50 in Boeing and am doing $10 biweek in that one. $50 in Amazon and $20 biweekly. $40 in Nvidia and $10 biweekly. $40 in NextEra Energy $10 biweekly. $40 in Schlumberger (an energy company) with $10 biweekly. Boeing is currently in a decline cause the rona at around $150~, but before the rona it's always been well over $350. The covid bs is the only reason I have a decent enough idea on what to invest in. Whenever covid eventually passes and travel bans are lifted I see that stock shooting way back up, so I might be able to make a couple hundreds from that one. Amazon is a stock I see only getting more valuable as time goes by, online shopping increasing while going to physical stores like even Walmart I see declining. Nvidia I invested in cause of the new graphics card reveal making them more valuable. NextEra Energy is apparently the leading figure in green energy, that being something I'd imagine will get more valuable. Schlumberger and one other energy company I invested in were also impacted by the rona, I might be able to make a hundred or so bucks from them after things go back to normal. Link to comment Share on other sites More sharing options...
Poof Posted September 3, 2020 Share Posted September 3, 2020 got em 1 1 Link to comment Share on other sites More sharing options...
Recommended Posts