Originally posted by .!WAR MIKEY!
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The official lounge stock market & investment advice thread
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Originally posted by siablo14 View PostGains, I see. 1mil/48,000 * 100 = 2000%
Damn. So why don't more people do this?
Most people don’t have the patience or they see days like today and get scared and pull out
And a lot of people want to but don’t really know how to get started.
With the internet today, it’s so easy to get started, that’s why I made this thread, to get people involved more in investing.
Get robinhood or a schwab account and buy some SPY PR SPYD OR SCHD OR DIA, AND continually put money into every month and with reinvested dividends it will snowball into a small fortune over time.
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Originally posted by Sugar Adam Ali View PostBecause it takes time and discipline..
Most people don’t have the patience or they see days like today and get scared and pull out
And a lot of people want to but don’t really know how to get started.
With the internet today, it’s so easy to get started, that’s why I made this thread, to get people involved more in investing.
Get robinhood or a schwab account and buy some SPY PR SPYD OR SCHD OR DIA, AND continually put money into every month and with reinvested dividends it will snowball into a small fortune over time.
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Originally posted by .!WAR MIKEY! View Postwho made the most money directed related from the advice this group gave?Originally posted by siablo14 View PostCheck back in forty years. We are dealing in index funds. We will see the benefits in 40 years. We should be millionaires by then.
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Originally posted by siablo14 View PostI checked. The last time they incurred a net loss was 2014. They had net profits in 2013, 2015, 2016. Y'all made it seem like consecutive years of losses.
But shockingly retained earnings have been negative all those years.
I know they cut expenses way back over the past year or so to minimize losses
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Originally posted by siablo14 View PostOh. What I saw were the annual reports.
Nothing to worry about, they are just spending more now to make more later. The network prints money for them, it was just a colossal business transformation for them as they went away from ppv to their own streaming site.
Brilliant long term move, but short term cash eater to get it established.
Saw the same thing with Microsoft in the early days of Xbox and bing
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As I mentioned earlier, gut feel caused me to cash out of the market in early January and based on today's prices, it is a decision that saved me a lot e.g. sold a share at $140 + change and today it's trading at $96.50
Have also made a quick profit on an AUD/USD trade (roughly 3% in a week) so happy days
There are some top quality stocks in Australia that are starting to look cheap IMO (6% fully franked yield = roughly 8% pre-tax) and I'll buy some on a bit more weaknessLast edited by Tomjas; 02-05-2018, 09:31 PM.
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