"bob and john" (bobandjohn)
04/23/2020 at 01:10 • Filed to: None
1
7|
"bob and john" (bobandjohn)
04/23/2020 at 01:10 • Filed to: None | 1
| 7 |
So, due to my accident (full coverage)
and currently being workless due to COVID, I actually
have a LOT of money coming my way this month.
including my savings, I have about 17.5K that is set aside.
I
COULD: buy new gear, a used R1, and go laughing.
however. for ONCE in my life, I
m actually going to be responsible. I’m going to invest in the stock market to try and maybe bump
that to a nice even 20K. maybe more. And once this covid shit is over and I have a proper income from work again, cash out and then buy something buts (new R....maybe a super duke? or used R1 still and restore the 250 and 750)
So...how does one get start with actually getting into the stock market? I h
a
ve no idea. (apps? accounts I need to set up? what do scooby doo?)
themanwithsauce - has as many vehicles as job titles
> bob and john
04/23/2020 at 01:28 |
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I use robinhood app to do my trading, but I’m barely in the 4 figure range. Granted, with some pa tience and safe bets, I can usually get 10-20% gain in about 6 months’ time. I’d send an invite for a fee stock but literally every invite/link I’ve sent out has not gotten anyone any free stocks so just jump in and see how you like it.
jminer
> themanwithsauce - has as many vehicles as job titles
04/23/2020 at 01:40 |
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I second this option. It’s an easy to use tool that helps you dip a toe into investing with no fees.
If you’re wanting to invest that much though I’d talk to someone that knows more than me. I stash a couple hundred bucks a month into mine and it’s added up nicely though.
I’m invested in mostly tech and auto stocks (invest in what you know I've always been told).
Nom De Plume
> bob and john
04/23/2020 at 01:41 |
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Buy Horton’s
Sell Loblaw
(Buy low, sell high)
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themanwithsauce - has as many vehicles as job titles
> jminer
04/23/2020 at 01:49 |
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I threw a couple hundred into it after the crash and bought AMD @ 42$/share. I made a good choice.
DipodomysDeserti
> bob and john
04/23/2020 at 01:54 |
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Based on this Canadian info, it seems I should appropriating property from our snowbird visitors. You guys seem pretty well set up, and I’m sure your socialist asses won’t mind me taking over your winter properties. #adversepossession
CRider
> bob and john
04/23/2020 at 05:01 |
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Or you throw it into the stock market, the stock tanks further and you walk away with a tidy $10k.
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jminer
> themanwithsauce - has as many vehicles as job titles
04/23/2020 at 10:16 |
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Definitely - they’ve been my best buy ever. I bought a bunch a couple years ago when they were $12 a share.