What Have I Done?

"Satoshi "Zipang" Katsura" (sundowne36)
04/04/2016 at 16:38 • Filed to: None

Dear Oppo, is anyone smart in the Stock Market? I just invested in AMD (2.84) despite owning 1 NVidia stock and 3 of their products... A Nissan Stagea for your time.

DISCUSSION (23)

JGrabowMSt > Satoshi "Zipang" Katsura
04/04/2016 at 16:42

I guess I don’t understand the question...

Satoshi "Zipang" Katsura > JGrabowMSt
04/04/2016 at 16:43

I just dived into investing stock/share for the first time... Am I doing it right for a first timer?

Gone > JGrabowMSt
04/04/2016 at 16:44

I don’t know that there was one?

*edit* Nevermind.

gawdzillla > Satoshi "Zipang" Katsura
04/04/2016 at 16:46

they were at 1.8 a month ago
you are almost buying it at 2 yrs high

you know if they are releasing some kick-ass new product ?

you can only pray it goes up

TheHondaBro > Satoshi "Zipang" Katsura
04/04/2016 at 16:51

What you do is buy stock for a company that will grow in the foreseeable future. For example, Apple announced not too long ago that they were going to start incorporating NFC chips in their smart watches. Since Apple doesn’t manufacture their own NFC chips, they buy them from a manufacturer such as NXP or Intel. Therefore, when the next generation of Apple Watches comes out with NFC chips, the company that provided those chips will profit with the Apple Watch.

My Tesla stocks were acquired in anticipation for the Model 3 and the Gigafactory. I bought in at $155/share and now they’re at $247/share.

JGrabowMSt > Satoshi "Zipang" Katsura
04/04/2016 at 16:52

Don’t invest based on your personal preferences. Invest based on public needs. Telephone service, Electric service. Both are considered essentials in North America.

Buy low, sell high, but hold for over 1 year before selling (avoids penalties unless you’re going to get more advanced with things).

I was always told not to buy any less than 100 shares of anything, but I realize that’s not very realistic for everyone. I still haven’t quite re-invested my money, it’s not a very good thing, I really need to fix that mess. What I did was to save myself from taxes when I graduated college, but it’s doing a great job of biting me in the ass now and I’ll be paying for that (though not as dearly).

I’m a bad teacher, but attempt to take what you will from it. Get yourself a Roth IRA, be prepared to toss about $500-1000 a year into it (maximum $5000/year), and invest it into something. If things look unstable, consider selling, but investing regularly vs investing for long term is very different. I basically invest for long term, but I need to split that up so I’m doing about 70% for long term and about 30% for a little rainy day fund (it doesn’t really work like that though).

I’m good friends with an investor, so when I run into the bigger life questions, I just seek his advice.

deekster_caddy > JGrabowMSt
04/04/2016 at 16:55

100 shares of anything can be really tough when some pipular stocks are in the hundreds. I try to go by ‘invest about $1000' as a starting point. One share of Apple or 30 shares of GM are both realistic purchases for the beginner.

My problem with AMD or Intel is that they are very cyclical industries and tend not to change very much.

Satoshi "Zipang" Katsura > TheHondaBro
04/04/2016 at 17:03

Ah, that does seem like a feasible tactic. I kept my eye on AMD when they announced their next HBM-based architecture (was it Fiji or Fury..?), so I’m tempted to see how this would fare. I may buy 20 or 40 shares as a true investment for later.

trmoore09 > gawdzillla
04/04/2016 at 17:16

I saw this too when I looked at the ticker. Unless there’s big news, I would guess it’s about to hit its resistance level and head back down. However, I have only recently started looking into the stock market and current have no money on it. I did in the past but had no idea what I was doing.

Gone > Satoshi "Zipang" Katsura
04/04/2016 at 17:16

What are you trying to accomplish and how much can you afford to invest/lose?

Short term/long term gains? Buying hundreds (or thousands) of shares and day trading (short term) them at +$0.10-0.20 differentials is one way to do it and make some money. This can be relatively successfully done with a number of stocks that are volatile intraday in the $2-$7 range buying 500-1000 shares a pop. Set your acct to buy at x.xx and sell at x.xx+some differential (and/or hold and wait when you screw up). To do this intraday (daily) more than 3x in 5 successive business days, you need to keep $25k in your account as you are defined as a PDT per the SEC and must meet the requirements of FINRA Rule 4210/NASD 2520 (unless the trades account for less than 6% of your trades - good luck with that!).

If you want long term investment strategy, investing in a low fee index fund for the S&P500 (i.e. Vanguard S&P500 -VFIAX, VIIIX, VFINX, etc; but you need acct minimums for some of these) is a decent strategy for starters.

AMD is at a 2ish year high, so that’s a little ballsy, but if you bought enough shares, you can wait for a (+) differential, then sell and profit. One share of something is not terribly useful...generally.

trmoore09 > Satoshi "Zipang" Katsura
04/04/2016 at 17:22

How many shares did you buy? Just for curiosity.

Satoshi "Zipang" Katsura > trmoore09
04/04/2016 at 17:27

Initially 1, but I ended up buying 5. It’s not much, but hey. It’s a starting point. I may or may not invest more depending on how their new HBM-based architecture fares for the company.

trmoore09 > Satoshi "Zipang" Katsura
04/04/2016 at 17:38

Gotcha, you have to start somewhere. My issue with that few shares was the commission. Last time I tried to make money, a) I didn’t know what I was doing and b) commission was $10/trade so I stopped trading.

Satoshi "Zipang" Katsura > trmoore09
04/04/2016 at 17:41

... I think I got lucky with that 1 + few then... Jesus H. Christ, a $2 share is not worth the $10 commission fee.

trmoore09 > Satoshi "Zipang" Katsura
04/04/2016 at 17:42

If you don’t mind me asking, what are you trading with and how much is the commission? Etrade is $9.99/trade. So $20 for buy and sell.

Satoshi "Zipang" Katsura > trmoore09
04/04/2016 at 17:58

Ah, I looked up and wanted to see if there were no-fee stock trading services available - one of my colleagues wanted me to try Robinhood out for a while.

trmoore09 > Satoshi "Zipang" Katsura
04/04/2016 at 18:02

Oh ok, gotcha. I just read up a little on it. Seems pretty cool.

JGrabowMSt > deekster_caddy
04/04/2016 at 19:00

Being a child of the 90's, the tech industry is so volatile, I would never consider it an investment strategy solely because startups that manage to go public and then falter quickly after are all too commonplace. Just look at Facebook for example. Very large anticipation and if you look them up now, not much to speak for. Compare that to Google, and without any prior knowledge, it’s questionable whether Facebook is an important name in the tech industry.

Unfortunately, the auto industry is about the same. It gets stale and people look for change, ultimately at times, that change gets interpreted incorrectly sometimes by analysts and then everyone loses their minds.

While I certainly understand that 100 shares of anything is not always feasible, there’s the flip side building a portfolio, because as you look to longer term investments, dividends and other “adult things” with investing, it’s important to make sure that all your ducks aren’t necessarily in one basket. If you only have one share of one company and you’re in a financial bind and have to try to liquidate to keep your head above water, it’s going to be more difficult than having 100 shares and determining that selling half your portfolio will still be a safe situation. It’s why I use the Roth IRA as a very solid example. Deposit money as if it were a second savings account. You can use it to ease your taxes at the end of the year while also getting it back tax free after retirement. It’s a narrow minded view of investing, but considering it’s not my day job, I think it’s a wide enough view to keep my financially stable. I’m just going to be changing my investments to try to have enough dividends to cover some of life’s more expensive requirements (car insurance), and tossing my spare change at the Roth IRA to have a retirement fund later. I don’t have to make 6 or 7 figures to be able to contribute to either, but at the end of the year, it means I don’t have to dread tax time.

deekster_caddy > JGrabowMSt
04/04/2016 at 19:13

I get where you are coming from. I have my own Roth IRA I’ve been contributing to for a little while. It’s all of $9000, no fortune but it’s a start. I’ve got about 10 different stocks in various sectors, but to have an Amazon in there in an even percentage means 1 ir 2 shares for me. I bought a cpuple Amazon around $240 and sold some of them around $600 because it seemed overinflated to me and was suddenly a much larger percentage of my portfolio. I used those profits some VLKAY after dieselgate depressed it. So far I’m doing okay following my instincts.

JGrabowMSt > deekster_caddy
04/04/2016 at 19:18

You’ve got a few years on me, but hey, $9000 is better than $0.

Denver Is Stuck In The 90s > Satoshi "Zipang" Katsura
04/04/2016 at 19:52

Invest In Auto Parts. Legitimately the most stable investment you can make. Also, my GF made me watch SAO recently. Now I understand your username and OMG is it good. Still waiting for Series II to get an official english dub.

HFV has no HFV. But somehow has 2 motorcycles > Satoshi "Zipang" Katsura
04/23/2016 at 12:46

My brother in law was going to invest in Tesla right before the model 3 came out. Like to days later their stock grew over 1/3 in value.

Satoshi "Zipang" Katsura > HFV has no HFV. But somehow has 2 motorcycles
04/23/2016 at 12:48

whydidn’tiinvestintesla... OTL