No.9145
The stock market is CRAZY right now. If you have any faith in the U.S. government at all, then buy the dip.
No.9146
If you live in the US. I recommend a stock broker called "public.com". They make the investment process easy as pie. After the initial 1 hour of paperwork, all you have to do is click "buy" or "sell" and they take care the ugly paperwork involved with buying and selling in the stock market.
No.9147
If you use public.com, make sure to only buy or sell with a chunk of money 2 days apart from eachother. Public.com specializes in medium to long term investments. So don't swap money around too quickly or they will get mad. They've recently come up with a way to use margin to trade faster, but I'm a public.com oldfag and they didn't have that stuff when I started.
No.9148
I'm going to give everyone here a sacred life hack which I would never give to 4cucks unless they begged for it. It's little known.
It's called the "Trinity"
There exists 3 investments which compliment eachother and would allow for someone to reliably live off of just supplemental income from investments. This is for those who want medium growth with low risk. It's not too good to be true.
The "Trinity" is:
1) Gold (SGOL)
2) T-bills
3) S&P 500 (SPY)
The trinity works for ANYONE with any amount of initial investment looking for consistent gainz and a low-risk medium reward.
Gold and S&P compliment eachother the best I know of any 2 possible investment. Better than investing in a peanut butter company and then a jelly company. They both trend upwards of time BUT they are actually inverse to eachother, so if S&P is down, then Gold is up and vice versa. You can use the Gold and S&P strat to bring in an 80% reliable paycheck week to week. (I literally use this strat to pay my bills).
The Treasury bills exist so you have a no-risk, low-reward investment happening if for some reason, gold and S&P are ever down.
No.9149
>>9148*they both trend upwards over time*
No.9150
silver dipped down and is now decoupled from the S&P. As long as the market remains volatile, gold and silver will continue to grow.
It has been said that "Gold opens the door during economic uncertainty and Silver runs through it".
No.9152
>What should I buy right now-SGOL
-SPY
-6 month t-bills
It's literally that simple. If you need a get rich quick scheme then bet big on penny stocks, but that's not my MO.
>>9151I do not condone wage humiliation. Although if you need to suffer for a year and save all the money to invest, then so be it.
No.9154
>>9153>I dumped 1k in*I slurped 1k at 522$*
typo
No.9157
>>9148>>9155So you're not buying literal gold, but a stock market abstraction of it
No.9158
>>9157Yes. Physical gold is too difficult to handle (not liquid) so I just buy paper gold. If you use a stock broker (public.com/Robinhood/Webull) then you can buy and sell paper gold instantly.
No.9159
>>9157It's all just funny money. I don't see how people can get so excited about digital gambling but eh if it makes them happy.
No.9160
I took a loan out to buy $20,000 in stock in a company a friend said "I would probably go to jail for telling you this". I probably should have pressed him for actual details but if there's anything that makes rich guys feel bad it's the idea that their friends are only their friends because they're rich (as if my old ass is ever going to ask him for shit anyway but I understand it nonetheless).
That said, with the sparsest of details I still copped hard lmoa. I guess the whole global instability thing is going to make the upwards trajectory of any stock a bit more tenuous than I was hoping huh? Also there's a lot of relativity going on. Is it a good stock because it's going to go up 10% a year (uh...gay?) because you have a gorillion dollars into it or is it going to go absolutely apeshit to the point even a retail investor like myself could become quite wealthy in a short amount of time (with the company scoring government contracts causing a hull run of sorts)? We'll see I guess
No.9161
>>9159slot machines have 1 in X,000 chance of winning
The lottery is around 1 in 100 million chance of winning
The stock market has a 51% chance of going up on any given day and over a long period of time it's literally free money.
Gold is skill based, it does certain things depending on current politics.
T-bills are 100% chance to go up because you are simply loaning money to an organization and charging them interest.
It's the best hobby in the world. Better than speedrunning or model airplanes because those hobbies either cost money or only generate an insignificant amount of money.
And then suddenly you've been doing it for so long that it becomes a full time job.
If you want to gamble then get into crypto currency or penny stocks, those things are a flat 50% and you have to know when you get out while you still can.
No.9163
>>9161>It's the best hobby in the world. Better than speedrunning or model airplanes because those hobbies either cost money or only generate an insignificant amount of money.I disagree. A hobby shouldn't be about making money. You're thinking of a job.
Doesn't matter much to me how you get your jollies, I just never understood the rush people get out of this shit.
No.9164
>>9163It's free money lol. If you don't like money just admit it.
No.9165
>>9160>>9162I'm a certain kind of risk-averse investor, my hobby is looking for the perfect strategy to maximize gain and minimize risk (the trinity is the current culmination of all my work). So I always recommend that people diversify.
That being said, If you know this stock is going to go up or is about to get some big contract, more power to you. I hope you do well.
No.9166
>>9162>>9161and yes, there is terrible instability right now because Trump is acting doing some wacky stuff with tariffs.
No.9167
Yo OP would you like to have ur thread moved to /new/? Over here you're more likely in the long run to just get the few people here to whine in ur thread and/or hide ur thread, it's a better cultural fit for /new/ IMO since day trading is heavily dependent on daily political news and economic policy, and we traditionally get more gambling/investing threads in /new/ like
>>>/new/5060 and post market predictions and stuff there (e.g.
>>>/new/8899 >>>/new/2326
>>>/new/5410 ). However, not as many ppl visit /new/ cuz they dont want to read about politics or w/e. Up to u, ur call
>I'm well aware that this may turn into a humiliation ritual where I am the only one posting.Other than maybe retard flag guy (the aussie not the IT schizo), ur probly the only day trader here, so yea. There's this british guy on neetbux called "avid" who talks to himself every day and insults everyone in other threads, altho hes on vacation right now, so don't worry u wouldn't be alone on that
No.9168
>>9167sure move it to /new/ plz.
No.9169
>>9167Move it to /new/ and then delete /new/.
No.9171
>>9168I should warn you /new/'s post rate is abysmal, like one post a day, if even that
I will move it later in the weekend, before the stock exchange reopens (or another mod will if I forget), so more people on /lounge/ know your thread exists
No.9172
>>9171>I should warn you /new/'s post rate is abysmal, like one post a day, if even thatYeah that's fine. It belongs on /new/ anyway.
No.9173
>>9166Investing in stocks right now seems like a bad idea with Glormpf flailing about, unless of course one is an inside trader
It's well known and established that the stock market is a racket entirely dominated and controlled by evil money wizards. Remember gamestop stock? All brokers STOPPED the common man from buying gamestop stock so that the investment bankers wouldn't lose money with their stock shorting "gamble" (it it can be called a gamble, given that they cannot lose)
They'll let us invest in whatever we want, to our own personal destruction, however if they risk losing anything at all the entire system will protect them
The common man that enters the realm of the stock market is a scavenging rat, scooping up crumbs from beneath the feet of giant inside trading whales
No.9175
>>9174The other 10% being if some unusual news event occurs.
No.9177
>>9176>now is the time to lock in a 5 year bond at 8% yieldDoesn't this not even cover inflation?
No.9179
>>9178So it's a place to put money so that it doesn't die slowly?
No.9180
>>9179If you've got cash on hand you're doing something wrong, period. If public school taught mandatory financial literacy classes then everyone would know that you should NEVER have cash on hand.
The very least you can do is buy treasury bills which are NO risk and 4% per year.
If you have cash on hand you're getting 0% per year - (minus) whatever inflation is.
No.9181
>>9180cont. I keep just enough cash on hand to cover daily expenses but nothing more. How much cash you have on hand is up to you but the less cash the better.
No.9182
>>9180>>9181What do you predict for the real estate market? I've been waiting for the bubble to collapse for a while. I hate having cash on hand but I don't feel like the USD is gonna make it another year before Zimbabwe tier hyperinflation. Hard to figure out what to do with money
No.9184
>>9182>What do you predict for the real estate market? I've been waiting for the bubble to collapse for a while.The real estate market cannot collapse as long as there's 50 million illegal mexicans in america. Illegal aliens artificially drive up housing prices because of increased demand. The current housing market is fake and gay, and there would have to be some drastic political event for houses to ever go down. We're currently living in a kind of dystopia right now when it comes to real estate.
> I don't feel like the USD is gonna make it another year before Zimbabwe tier hyperinflation. Hard to figure out what to do with moneyGold is a security against regular inflation. Gold basically follows inflation because gold is sort of represents the ideal dollar. I'm not sure about Weimar tier hyperinflation or how gold would react to that, but it's USUALLY pretty good against inflation.
No.9185
This is interesting. If it is true, then the stock market is a 50/50 shot on monday, perhaps even a 51% of going down. This
>>9183 perhaps will scare investors also. I'd say maybe don't dump your life savings in on monday.
No.9189
>>9188Best investment is still potatoes then, maybe
No.9190
>>9189Enjoy your rotten vegetables in 6 months.
No.9192
>>9190You replant them if they sprout eyes, also have you heard of "canning"?
No.9195
>>9193>get a job>infinite moneyWhat a lifehack wow.
No.9196
>>9194GMO mRNA potatoes, cool. INTERESTINGLY I lost the ability to eat potatoes from the grocery store half a year ago,
fancy organic potatoes as well. I wonder if ol' Bill got me
No.9197
>>9196Frying them kills the vaxxoid particles.
source: trust me bro
No.9198
Look up whatever financial patterns were winners during the previous Trump admin, they will repeat almost exactly this time around
Nothing ever changes
Nothing ever happens
No.9200
>>9196Why do you want to grow potatoes if you can't eat them?
No.9201
Its not looking good. Strong chance of red day tomorrow.
No.9202
>>9200Metaphorical potatoes. I'm actually growing yams
No.9205
S&P is rapidly approaching 0% for the day. G/S seem to have hit some kind of brake. They are down, but not by much
No.9206
S&P: 0%
Gold: -1%
Silver: 0%
No.9208
S&P just hit the +1% mark
silver and gold are negligible.
No.9209
As we begin to close and enter power hour:
SPY: +1.4%
SGOL: -1%
SIVR: 0%
No.9211
BREAKING: gold is negligible
silver is +1%
SPY is a solid +1%
No.9213
>>9212*at least the stock market is NOT crashing*
*pull out a little bit*
No.9223
refreshingly uninteresting day so far
No.9228
Nothing to report, boring stock market day so far. Although I'd like to go on record and say that silver is a dogshit so-called "responsible" investment. I'd call silver "medium risk / medium reward"
Not my style at all. I'm getting out of silver ASAP and I'll be lucky to break even.
No.9230
alright closing time.
Nothing happened today. Everyone go home.
No.9240
>>9228Metal is for financing stock purchases during market panics.
I kept telling people during the twilight year of Obama's presidency to slowly accumulate silver in case something happened to make the markets panic and give them quick liquidity to buy into the downturn.
Haven't heard a complaint since.
No.9268
end of day:
SPY: -2% (ouch)
SGOL: +3%
SIVR: +1.5%
No.9269
>>9163> I just never understood the rush people get out of this shit.that's because you've never 10X your money regularly predicting the future
No.9270
>>9163>It's the best hobby in the world.>I disagreefurthermore, you disagreement stems from an ignorance of what is required for market participants to prosper; global macroeconomic forecasts, high/low time preference management, consideration and recognition of fat-tailed opportunities - it's eminently educational and, if one can handle the stress, keeps you nimble.
No.9295
obscenely boring day. Everyone go home. 🤪
They say you can use emojis here.
No.9306
my brother in christ theres a /smg/ over on soyjack rn until 4chan is back
theres also kind of a dead /biz/ on 8chan that might catch up
plz dont lose ur sanity here lol
No.9318
>>9295I had calls and puts that would print if S&P swung 2% either way and it just fucking crabbed
No.9320
>>9318>optionsoh nononononno
No.9321
>The stock market is closed for good friday
based. Now just "forget" to close it on ramadan or hannukuh and we're cool.
No.9359
>>9320Why wouldn't I trade options? We're on the brink of a complete market collapse or face ripper basically every day.
No.9361
>>9359it depends on your life situation (boring cliche)
I can't risk losing it all so no thanks.
No.9381
>>9361You can buy cheapies for like 30 bucks lol
