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I signed up with E*Trade because they advertise $0 commissions, but each stock purchase I look at has a $6.95 commission - what gives?
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Jan 29, 2021 15:49
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Ursine Catastrophe posted:no, money down I was looking at buying VW, and I got that having a commission, but Disney had a commission fee yesterday, and now it doesn't, so I don't know what the gently caress.
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Jan 29, 2021 15:58
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ReidRansom posted:Are you looking at OTC stuff? Nope, just regular old stocks - maybe it was just a one time glitch? US stocks seem commission free now, but yesterday everything had a fee.
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Jan 29, 2021 16:01
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Huh. I bought IBIO this morning and it's seen a nice little jump today; it's still super cheap.
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Feb 3, 2021 18:13
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nightwisher posted:Any weed stocks in particular worth looking into? I can see that particular market doing well over the next few years. There seemed to be a lot of activity with SNDL lately, if you want a cheap option.
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Feb 3, 2021 23:04
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I'd like to invest in a Vanguard stock long term. Vanguard is pretty darn reliable, but ... maybe VUG or VGT. Any suggestions, and will it just continue to go up?
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Feb 4, 2021 02:17
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jokes posted:You can find good Vanguard ETFs by searching for Vanguard ETFs through your broker. Then you can determine which is good for your purposes: total stock market, total bond market, small cap, etc. Vanguard has very low expense ratios but they still vary. Keep in mind the dividends as well. You can find their historical data everywhere on the internet— be mindful to not rely on 10-yr data since that’s near the end of the recession. Interesting. Most of their stocks are flying high at the moment; maybe one of their mutual funds is the way to go. It looks like they have a $1k minimum, which sounds reasonable.
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Feb 4, 2021 02:33
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IBIO had a nice little jump yesterday, and it's carrying into today.
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Feb 4, 2021 15:52
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mongeese posted:ZOM flying again today. Up 455% in a month. Wonder when I should sell out of this thing but number keep going up. I just set what I thought was a reasonable limit and got rid of it. Article: https://finance.yahoo.com/news/zomedica-stock-330-one-month-180326451.html quote:The stock recently benefited from an endorsement from Netflix’s “Tiger King” star Carole Baskin. While it turns out Baskin was paid to promote the stock, there is another upcoming and more tangible catalyst for investors to get behind; this is due to the upcoming launch of Truforma, Zomedica’s point-of-care (POC) diagnostic device for the detection of thyroid disease in dogs and cats and adrenal disease in dogs. It doesn't seem unreasonable to hang on to it for a bit, but it may have plateau'd for now.
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Feb 4, 2021 20:48
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mongeese posted:ZOM flying again today. Up 455% in a month. Wonder when I should sell out of this thing but number keep going up. Red posted:I just set what I thought was a reasonable limit and got rid of it. It got up to $1.95 - what did you end up doing?
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Feb 5, 2021 15:55
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Virigoth posted:Electric cars are great but I just want the drat thing to drive itself. Just doing a quick search on a few major automakers and their current stock prices: GM: 54.41 Toyota: 150.86 Volkswagen: 21.88 Daimler: 20.12 Ford: 11.51 Toyota just overtook VW as the world's biggest auto manufacturer, so I get it. GM is putting a lot into EVs, but is having supply issues. I have little faith in Ford, and don't know enough about Daimler. Maybe Volkswagen is worth gambling on?
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Feb 7, 2021 22:21
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Aruan posted:a few of the bigger named hedge fund longs are very, very bullish on GM. the argument is that GM's share price doesn't reflect their self driving technology (which is quite advanced), and once we start seeing more implementation this will change. steve eisman in particular has argued that within a few years GM's self driving tech will be worth more than the entire company. I guess my question is, between GM and VW, who has or will have more of their respective markets as time goes on? I don't know enough, but it seems like GM will be fighting a lot of competition in the US, while VW may have less rivals in Europe; I also don't know how GM does overseas, but VW is obviously everywhere. I also have no idea how VW has rebounded from the emissions scam (though I'm on my second VW myself, and am coming up on my Golf's 11th anniversary).
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Feb 7, 2021 22:30
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pmchem posted:why are you making this decision on share price and not other metrics like market cap That's just what I looked up out of curiousity and used for a lower-effort post. If there's a way to post a stock data snapshot (like Google's or something) like how we can post Tweets, lemme know.
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Feb 8, 2021 21:14
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Framboise posted:So I'm absolutely, completely new to all of this, but I've been interested in stocks for a while. I'm completely clueless on where to begin though. Here's my advice: - Have a 401k set up through work, and contribute at least the maximum percentage that is matched by your employer. If your company offers a 401k, they likely have a finance person for free advice; talk to them, and ask what makes sense for your age/salary/goals. Plus, your 401k may have only certain options; so you might do independent research, but find out you can't invest in that thing you're excited about. - Set up an IRA; you can do this through several companies, but your bank is likely the most convenient option. If you leave your job, having an IRA means you have a place to dump your 401k, if you want to. - What bank are you with? There are a lot of lovely banks in the US, but credit unions are generally preferable. You may qualify for one or several, and they provide better interest rates and benefits than regular old banks. These same credit unions also provide optimal insurance options as well. - Make sure you're set for insurance (car/life/house/rent/whatever), and have ~6 months' salary set aside in savings, for emergencies. If you have all that poo poo together, then you can worry about investing. If you don't have a lot of money, then gambling on stocks may not be where you want to go right now; it's probably safer to come up with a budget (have a clear idea of your monthly expenses and what your disposable income is), and figure out how to set a goal (save $2k in 6 months by stopping eating out or purchasing clothes that are too expensive), then come up with a plan to use the money you've saved. Again, with a Credit Union, you have some simple and safe investing options - here's Navy Federal's offerings of savings certificates: https://www.navyfederal.org/checking-savings/savings/certificates/easystart-certificate.html. Starting out small like this isn't a bad idea; again, if you don't have a ton of disposable income, you may not want to lock money away that you might need in an unplanned emergency 3 months from now. With something like this, you have some guaranteed growth and you can start small. If you have a few grand you want to grow, use that free advice person at work. Otherwise, you may want to think about investment companies (Charles Schwab, JP Morgan, etc.); I have always stuck with Vanguard, either as an investment option through 401k, stocks, or just recently, their products you can buy direct. It may be worth calling them, and making sure you understand their fee schedule, and how fees are taken out and all that jazz. If you still want to do stocks, there's no shortage of simple brokers; here's a list of some of the available places to go: https://www.stockbrokers.com/guides/free-stock-trading. Again, if you really want to go that route, do research and wait before committing to anything; I find it best to treat it like a 401k - do your research, invest with a long-term plan, and don't look at it (and worry) every day.
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Feb 8, 2021 22:47
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One other thing - there is a thread for long-term investing that has good information: https://forums.somethingawful.com/showthread.php?threadid=2892928
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Feb 8, 2021 23:32
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Framboise posted:Thanks for the tips, all. It looks like I have quite a bit of research to do. I would put up a bullet list of questions in the other thread - they're super helpful! Starting your savings account(s) now is the way to go, friend. Getting those set up is key to having a solid future.
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Feb 9, 2021 00:27
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Femtosecond posted:Is there any rational explanation at all for TSLA buying poo poo tons of bitcoin or is this just Musk wanting to pump bitcoin for reasons? He He's not smart
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Feb 9, 2021 04:00
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Framboise posted:I'll look into the investment thread. Thanks, everyone. Sorry if I disrupted the thread with unrelated questions. This is a loose thread, I don't think apologies are needed. Good luck out there, and do post in the investment thread.
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Feb 9, 2021 18:52
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I put SNGX on my watch list before opening, and didn't look at it again until now. Fooey.
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Feb 11, 2021 22:52
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CHFS is having a nice day Red fucked around with this message at 18:30 on Feb 12, 2021 |
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Feb 12, 2021 18:27
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Gaius Marius posted:Buy more It means they're on discount I'm thinking of grabbing Disney if they go to 183.
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Feb 17, 2021 16:06
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Pillowpants posted:Why is everything down today? quote:Buy Low
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Feb 17, 2021 18:28
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Omne posted:Is it time to pull the plug on AMC and BB? Collectively I'm down 40% Do you want to say how much you're in for, and at what price? If you didn't sell high, I don't see the point in selling now, unless you're dying for cash.
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Feb 17, 2021 20:30
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Omne posted:BB: 35 @ #13.35 A lot is unknown. Things are very strange right now, and the few experiments of releasing major films online haven't been earth-shaking enough to destroy the theater industry (Disney is holding on to Black Widow, for example); the question for AMC is being able to pay down the debt they've built up when things are back to normal. So, in all likelihood, you have a little while until you can sell this for a profit. In the meantime, you'll make a little back in the way of dividends. If you're concerned, just stay up to date with their financial reports, and you can look up stock projections for reassurance. Selling for a loss is tax deductible, but it gets complicated; no reason to kick yourself for not being able to predict the future. Edit: No idea about Blackberry tho
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Feb 17, 2021 20:54
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iSurrender posted:I'd like to point out that it's a mistake to hold onto stock just because you bought it high and are at an unrealized loss, if you believe there is some other stock that will rise faster if you take the cash out now. Agreed, but he's in at 11; if he were in at 30, that's a different story.
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Feb 17, 2021 21:47
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iSurrender posted:I dont really think it is. I think your money should be in the stocks you think are most likely to go up soon (or safe long-term options), and the past doesnt matter. Well, is the money you're talking about here disposable?
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Feb 17, 2021 21:56
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pixaal posted:It's not, the money was spent on the stock, it lost value it could lose more. There it may never return to that value. No arguments here, but I think it's worth consideration to hold for a bit; but, at the same time, I try to think long term when I buy, too.
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Feb 17, 2021 22:16
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punk rebel ecks posted:Great post, thank you! https://en.wikipedia.org/wiki/Expense_ratio (Vanguard's are typically the best/most competitive)
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Feb 17, 2021 22:31
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jokes posted:You don't pay the ER, it just affects the earnings of the fund. There are various calculators for various types of funds, each with numerous features, depending on how many factors there are.
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Feb 17, 2021 23:00
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Surprisingly Dope posted:Looking like another red day. This is bullshit. Stocks are supposed to go up. Jobs numbers took a big greasy poo poo on the market.
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Feb 18, 2021 16:27
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punk rebel ecks posted:Should I buy AAPL? What is your plan/intent for stock trading?
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Feb 18, 2021 17:45
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punk rebel ecks posted:My main intent is to invest my money in my savings so I make more of it, instead of it just sitting there. Well, are you thinking you're going to be checking and selling/buying every day, and looking for lots of short-term gains, or do you plan to build a portfolio then leave it alone for a while? I think it's helpful to picture what your portfolio would look like, and for a long-term plan, look at your (estimated) dividends, if you have a lot invested in stocks that hand out dividends. There are smarter people than me here than can offer advice in regards to what might work best for you (though depending on your broker, they may offer such advice for free or a small fee!).
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Feb 18, 2021 18:02
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jokes posted:Yeah I guess I was a bit derisive/mocking, I’m sorry. You should never invest money you’re not okay with losing. If it’s for short-term savings, like an E fund, there’s no reason not to put it in a savings account. If it’s for long-term savings, like retirement, you should go with index funds. If you want to try and pick stocks (generally not advisable for long term savings), AAPL is an excellent pick. (this is good advice)
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Feb 18, 2021 18:46
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Gaius Marius posted:Do you have an IRA? Having a 401k is nice but you should also be maxing out your ira every year before anything else, barring shenanigans like the GME situation. This is key; if nothing else, an IRA is a good treasure chest if you leave your job and want to dump your 401k (if you change jobs a lot, it may be too complex managing like 8 401ks) - just note you pay taxes now on that rollover. But you should be putting something into an IRA; better to do at least a little now than hitting the wall on your limits when you try to catch up in your 50s.
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Feb 18, 2021 19:08
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punk rebel ecks posted:No. I feel my 401k will be good enough for retirement savings. https://money.cnn.com/retirement/guide/IRA_Roth.moneymag/index.htm quote:A Roth IRA is a retirement savings account that allows your money to grow tax-free. You fund a Roth with after-tax dollars, meaning you've already paid taxes on the money you put into it. In return for no up-front tax break, your money grows and grows tax free, and when you withdraw at retirement, you pay no taxes. That's right - every penny goes straight in your pocket. Again, if nothing else, it's just a box you can use for dumping your 401k if you quit your job, buuuuut it would be a good idea to have one. You should have a lot of options for retirement. Edit: Just to add, many banks and good credit unions offer IRAs, and even give you a bonus for starting one. It's literally free money.
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Feb 18, 2021 19:11
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A MIRACLE posted:if you max your 401k do you need an IRA? I thought after a certain income level you can't do IRAs https://www.fidelity.com/retirement-ira/ira-rules-faq quote:There are no income limits for Traditional IRAs,1 however there are income limits for tax deductible contributions. The fine print differs between institutions, of course. Edit: This is probably better suited for the long-term investment thread, so if you have questions, please go there: https://forums.somethingawful.com/showthread.php?threadid=2892928
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Feb 18, 2021 19:20
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Gaius Marius posted:I would strongly advise you to reconsider. As much as having extra savings for an emergency seems useful now, imagine how much worse not having extra savings will be when you're in your sixties and seventies. As a follow-up, you wouldn't put all your stock investments into one stock. Similarly, you wouldn't put all of your investments into one type of fund. An IRA is another option you can count on in retirement. You have tons of options in regards to an IRA with a varying amount of risk - some IRAs are completely risk free (e.g., an IRA CD, though the interest rate is much lower, of course).
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Feb 18, 2021 19:51
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Anyone buying IBIO right now? I bought them a while ago at $2.04 and sold at $2.80, and they're back to $2.05.
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Feb 18, 2021 21:32
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https://newsfilter.io/articles/volkswagen-stock-rallies-in-frankfurt-on-reports-of-possible-porsche-ipo-28dae910709a93316459dc623fc1910equote:Volkswagen (OTCPK:VWAGY) rose some 3% Thursday on the Frankfurt Stock Exchange on a report that the German automaker is considering spinning off Porsche in the medium term through an initial public offering potentially worth up to $30.2B. So that's what that was.
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Feb 18, 2021 22:19
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Leperflesh posted:Just wanted to catch this post from a couple pages back. Yes! Thank you for the clarification! And everyone should have an IRA!
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Feb 19, 2021 15:36
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