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Hi, I'm new to this world. I had some questions (if it's suited more towards the other thread I can move it) and I'm hoping for some help. A couple months ago I opened a new bank account and set aside some money that I'm calling my cowboy money that I was gonna use for dumb purchases and sports bets. Then later I opened an RH account and put a percentage of my play money in there to mess around. Originally I just bought a couple shares ICLN and would just check on it every couple days and say, "wow cool" and marvel at gaining a dollar. Then the GameStop thing happened. Watching GSE, and the other WSB stocks, has been nauseating and a rush. And it got me reading a lot more about stocks and trying to learn a lot more. I watched the video about the wheel (as well as the two videos on covered calls and cash-covered puts) and that seems cool and makes sense. In the video it's recommended using a stock that you don't mind holding/that you believe in which makes sense. But I don't have a ton of money in this account and I can't really buy 100 shares of what my ignorant brain thinks would be good for this. So my first question is if there's cheaper stocks ($10-$30) that are relatively stable that would be good for this or are they too volatile at that price? If that stuff is kind of a secret, or I need to put in the work myself, I get that too, which brings me to my next question. People (the internet) talk about researching companies before buying stock which makes sense of course. The DDs (is it deep dive or due diligence or either?) how do you go about researching that? I don't know where that information people find is. I'm sure it's public, but where can I find it? Is there a good, "hey here's some questions you should definitely be asking" list when looking at a company? While I'm having fun watching all these stocks go up, it's my understanding this market isn't going to last. What exactly do people do in a bear(?) market? Or depression? Is the goal to pull money out? Do many of the same things work just more slowly? I bet the answer to this question is a big-fat "it depends" but I'd feel irresponsible at least not trying to get more information. Alternatively, play money go brrrrrrrrrr.
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Jan 26, 2021 16:49
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| # ¿ Apr 26, 2024 04:56 |
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pixaal posted:Pull money out, hedge with options to try and stay neutral or even go positive. It's mostly about weathering the storm and picking up some stuff on deep discount. I got one hell of a deal on LYB last March. leper khan posted:Most public companies put materials on their investor relations page of their website. See also shareholder calls -- these are often extremely boring and everything they say is carefully crafted, but they can't lie (without obvious future ramifications anyway). Thanks, it means a lot.
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Jan 26, 2021 17:08
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I have enjoyed doing dumb stuff, and making the mistakes I needed to make, while ARKF carries me to safety daily.
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Feb 12, 2021 19:10
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That's a must-frame for sure lol
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Mar 4, 2021 10:22
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Seventyfour posted:Yes, but RKT didn't (and doesn't) pay dividends? They did a special one time $1.11 dividend.
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Mar 8, 2021 16:31
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Seventyfour posted:Really? gently caress. https://seekingalpha.com/news/3666664-rocket-companies-declares-1_11-dividend
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Mar 8, 2021 16:34
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YeahTubaMike posted:1) What are puts and calls? Puts and calls are options, https://www.investopedia.com/terms/o/option.asp Video on covered calls. https://www.youtube.com/watch?v=OyAOaZOTwq4 Video on cash covered puts. https://www.youtube.com/watch?v=oqY52tWMvGo Video on using both to make a profit. https://www.youtube.com/watch?v=dRYBh6dtxjY
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Mar 25, 2021 20:55
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Instead of buying a round-trip airplane ticket, just stay home. $$$$
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Mar 31, 2021 21:26
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| # ¿ Apr 26, 2024 04:56 |
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fömö
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Jun 1, 2021 15:16
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