Militantagnostic's Whacky Wall Street Thread

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
Anyone here play in the casino that is the U.S. stock market? I opened up a private account through Robinhood a little over a month ago with some of my non-emergency savings and have been going for the ride of the worst month in nearly a decade lol. Look's like another down day since Timmy Cook couldn't sell enough Ipod X's, but maybe it'll be good 'cause there's so many 🤩JOBS🤩!!!!!
 

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
  • Thread Starter Thread Starter
  • #2
Timmy did put a damper on the market today, Apple stock fell from $222 a share to $207 a share which put a stick up some people's ass and as such we all suffered. I don't own any stock in Apple and once that fiasco was over my investments finally climbed me back over in the green from my starting investment for the third time since I started. Also, please do not get hooked on the drug Dsuvia that was just approved by the FDA, because I invested in the manufacturer of that drug and will not feel good about myself if you do ☹, but a 30% increase is a 30% increase! 🤑
 

Humble TL

Timers Please!
Joined
Apr 30, 2017
Messages
2,055
I would definitely not recommend or follow advice about the stock market from a dude on TBR.
A quick google search about the topic is bound to be more fruitful.
 

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
  • Thread Starter Thread Starter
  • #5
Sir, I'll have you know that I am as reliable as Jim Cramer or Neil Cavuto 'cause those are names you can trust *hits big red button*.*


*The content of this website is published in the United States of America and persons who access it agree to do so in accordance with applicable U.S. law. All opinions expressed by Militantagnostic
on this website are solely Militantagnostic's opinions and do not reflect the opinions of TheBreakRoom.org (TBR). You should not treat any opinion expressed by Militantagnostic as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Militantagnostic's opinions are based upon information he considers reliable, but neither TBR nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Militantagnostic, TBR, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided on this website. Militantagnostic's statements and opinions are subject to change without notice.
Past performance is not indicative of future results. Neither Militantagnostic nor TBR guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this website. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this website. Before acting on information on this website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
 
Last edited:

seasonaldude

Waiting for your kid to get out of my way in toys
Joined
Oct 3, 2018
Messages
546
I would definitely not recommend or follow advice about the stock market from a dude on TBR.
A quick google search about the topic is bound to be more fruitful.
I didn't see OP offering advice.
 

commiecorvus

Former Signing Ninja
Staff member
Moderator
Joined
Jun 10, 2011
Messages
16,145
And while I might agree with the sentiment I suggest you find other ways to express yourself.
Don't insult other members, even ones with sticks up their butts.
 

TTGOz

"Suit"-able
Joined
Jul 24, 2016
Messages
2,031
I was doing an account with the app Acorns. It's micro-investments taken from the change/pennies of any debit transactions.

I think I put in about $80 and signed off of the account and closed it with $74. Decided now is probably not the best time to be dabbling in stock investments with recent political turmoil... There were days where I'd be at like $81 or $82, but I had a lot more negative days than positive days. Maybe when the economy settles after trade war, deficits, and other misc issues I'll try it again.
 

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
  • Thread Starter Thread Starter
  • #11
I was doing an account with the app Acorns. It's micro-investments taken from the change/pennies of any debit transactions.

I think I put in about $80 and signed off of the account and closed it with $74. Decided now is probably not the best time to be dabbling in stock investments with recent political turmoil... There were days where I'd be at like $81 or $82, but I had a lot more negative days than positive days. Maybe when the economy settles after trade war, deficits, and other misc issues I'll try it again.
Just doing a preliminary search I think it was better that you closed your account with Acorns, the fees are way too high for a small account. Don't worry about up and down days unless you are doing short-term investments like I'm playing around with. Check out other investment apps and services when you have a good amount of savings built up, the earlier you get some money working for you the better.
 

can't touch this

Store Meme Leader
Joined
Nov 20, 2017
Messages
3,697
As a wee lad in the mid-90s I had 24% and 36% ownership of Enron and pets.com respectively, but sadly was never able to realize a return. Thanks Obama.
 

qmosqueen

Perishable Assistant Wizard
Joined
Aug 20, 2013
Messages
5,704
This past month I lost about 20% of my total investments. But I think and hope to gain them back in the next 6 months.

Most of my investments are in college funds.
 

PassinTime

Scan & Bag Expert
Joined
Sep 13, 2017
Messages
1,498
This past month I lost about 20% of my total investments. But I think and hope to gain them back in the next 6 months.

Most of my investments are in college funds.
I don't even know what I lost... afraid to look. I invest for the long term, so I'll see what kind of bounce back I get by the end of the year and decide what kind of adjustments I need to make, if any.
 

Humble TL

Timers Please!
Joined
Apr 30, 2017
Messages
2,055
Just doing a preliminary search I think it was better that you closed your account with Acorns, the fees are way too high for a small account. Don't worry about up and down days unless you are doing short-term investments like I'm playing around with. Check out other investment apps and services when you have a good amount of savings built up, the earlier you get some money working for you the better.
Thats great advice thank you.
 

TTGOz

"Suit"-able
Joined
Jul 24, 2016
Messages
2,031
Just doing a preliminary search I think it was better that you closed your account with Acorns, the fees are way too high for a small account. Don't worry about up and down days unless you are doing short-term investments like I'm playing around with. Check out other investment apps and services when you have a good amount of savings built up, the earlier you get some money working for you the better.
Me too, I think part of the reason why I closed out at $74 was the fee. I wasn't making anything back. When I closed the account I was still like -$1.18 or something like that. Horrible.

I've had a 401K since I was 18 with Target and I'm just letting it do it's thing, but I've been checking my percentages and Return on Investments to see if I'm actually making any heavy gains and it's just doing OK.

I have about $700 cash from my business I want to put into savings or into another investment situation like this. We will see!
 

PassinTime

Scan & Bag Expert
Joined
Sep 13, 2017
Messages
1,498
I have about $700 cash from my business I want to put into savings or into another investment situation like this. We will see!
If you're looking for something comparable to your 401k, consider an IRA. I am very glad I had the forethought and funds to do that when I graduated from college. I make WAY more every year due to compounding than I actually invest.
 

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
  • Thread Starter Thread Starter
  • #20
My IRA is all in various mutual funds and I need to rethink my portfolio. They have all dropped quite a bit in the past 6 weeks bringing my total value down 5%.
You might want to pull some funds away from that small cap mutual fund and check the fees on all the funds in your account. Those are some impressive returns from those other funds, but look at what else is available and divvy up that 30 grand a bit, never hurts to be more diversified.
 

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
  • Thread Starter Thread Starter
  • #21
"I just want to thank every true, red-blooded American that is out there buying the dip today, they truly are patriots that believe in me and the Wall. Don't listen to Mnuchin and Powell, they are a bunch of unloyal, and quite frankly unAmerican, nitwits. Those of you that have not had a chance to participate in this historic time in the stock market, go now and take whatever savings you have and open a brokerage account and keep buying until 2020. Together we can ensure that the Wall is built, terrorist are kept out, and I will continue to be president of this land of mayhem and carnage that only I can make better. Trump 2020 baby!"- DJT's post-Christmas address
 
Joined
Oct 1, 2018
Messages
79
Anyone here play in the casino that is the U.S. stock market? I opened up a private account through Robinhood a little over a month ago with some of my non-emergency savings and have been going for the ride of the worst month in nearly a decade lol. Look's like another down day since Timmy Cook couldn't sell enough Ipod X's, but maybe it'll be good 'cause there's so many 🤩JOBS🤩!!!!!
No, but I quite admire those of you who have enough faith in this country to do so. I’m too chicken. Also too broke.
 

TTGOz

"Suit"-able
Joined
Jul 24, 2016
Messages
2,031
I'm starting up some investment apps again. I really want to start saving again but I've always griped with just stashing it away in a low interest savings, just putting money into a rainy day account, or invest it.
Looking into Robinhood and Stash. Gonna try both with just $100 in each from my bank account. Still got my cash stash and what not. Thinking of going with a more moderate or moderate aggressive approach, invest in a few blue chip companies.

Really looking into Tesla and affiliated stocks. I started up an Acorns account again, I might keep that my more low-key investment app, putting most of the rest into Robinhood and Stash. Haven't 100% finalized my Stash account yet.

EDIT: just looked into my TGT 401k, lost about $155 in 2018, might need to switch some things around.
 
Last edited:

Militantagnostic

Former associate of the Targetti Crime Syndicate
Joined
Jan 23, 2017
Messages
1,553
  • Thread Starter Thread Starter
  • #24
I'm starting up some investment apps again. I really want to start saving again but I've always griped with just stashing it away in a low interest savings, just putting money into a rainy day account, or invest it.
Looking into Robinhood and Stash. Gonna try both with just $100 in each from my bank account. Still got my cash stash and what not. Thinking of going with a more moderate or moderate aggressive approach, invest in a few blue chip companies.

Really looking into Tesla and affiliated stocks. I started up an Acorns account again, I might keep that my more low-key investment app, putting most of the rest into Robinhood and Stash. Haven't 100% finalized my Stash account yet.

EDIT: just looked into my TGT 401k, lost about $155 in 2018, might need to switch some things around.
Build up your savings first, make sure you have a few months of living expenses and an emergency fund locked away before you start investing. I started putting a little bit of my investment fund in an account with Betterment, it's a cheap roboadvisor app that you sock money into and the computer allocates the money into stock/bond ETFs based on your risk profile. For retirement funds you might want to consider opening up an IRA (look into a Roth). Robinhood is "fun" since you don't have to pay any commissions when trading stocks but it doesn't have a whole lot of educational resources which you'll have to seek out elsewhere. You can even get virtual stock trading apps that you can practice investing with. The main thing to remember when investing, especially for the long term, is not to let your emotions get in the way, look up different investing philosophies and find one that makes sense for you.
On your account being down, nearly everyone's accounts are down due to the volatility of the past three months, look over what your money is in see if the allocations are appropriate for what your goals are before making any moves.
 

TTGOz

"Suit"-able
Joined
Jul 24, 2016
Messages
2,031
Build up your savings first, make sure you have a few months of living expenses and an emergency fund locked away before you start investing. I started putting a little bit of my investment fund in an account with Betterment, it's a cheap roboadvisor app that you sock money into and the computer allocates the money into stock/bond ETFs based on your risk profile. For retirement funds you might want to consider opening up an IRA (look into a Roth). Robinhood is "fun" since you don't have to pay any commissions when trading stocks but it doesn't have a whole lot of educational resources which you'll have to seek out elsewhere. You can even get virtual stock trading apps that you can practice investing with. The main thing to remember when investing, especially for the long term, is not to let your emotions get in the way, look up different investing philosophies and find one that makes sense for you.
On your account being down, nearly everyone's accounts are down due to the volatility of the past three months, look over what your money is in see if the allocations are appropriate for what your goals are before making any moves.
Would I have to open up an IRA/Roth with a third party not with Target? Can't remember if Target does them. I'm more than likely not finishing out this winter at Target anyways so I probably shouldn't open anything right now if there is. I decided to stow away with Acorn and stick to Stash and Robinhood. I don't have many financial responsibilities right now and if I can find a higher paying job I'll be able to save quite a bit. I'll stow away money in a secondary account, might just open up an actual low interest savings account.

In school, we did a Marketplace.com Trade Simulation that I tried to start my own game on but Flash decides to bug the fuck out every time I tried to, so that's good to hear that there's practice apps. I actually paid attention in my Economics class and learned a lot from my teacher there, so while I'm still a novice, I kind of have an idea on what to look for.

I'm not 100% sure I'm gonna regret this or not but I decided to buy five shares in Ford. I feel bad because of the whole China thing, the aluminum and steel tax, and the fact they just decided to cancel all of their Sedans and have went down 8% in sales... but, my logic in doing that was they haven't released their brand new Truck and SUV line-up yet, Trump seems to be making way with China from articles I've read, and the trade-war may end within the next year, maybe.

I've learned just from the knowledge I've learned from the interwebz is that you should buy low in times like that, and then when the eventual huge gain is seen, sell. That's my logic, but as a novice, it's probably a flawed logic. I'm predicting that once Ford announces their brand new utility and truck lineup without the sedans and the trade situation gets better, I might be looking good in the long term for this one.

I was looking to invest in AAPL possibly but I just don't think their products are good. They've had a lot of controversy that's dropped them quite a bit and I just read they're losing sales in China by a lot. I really, really, want to invest in TSLA and it's suppliers. I've done a few weed stocks but not much, just feeling the market. Amazon shares are just outrageously high for me right now, but I would definitely do Amazon as well. I was thinking about investing in TGT with the recent Q3 and Q4 sales announcements coming and with the hourly raises coming. That would be a buy low, sell high situation for me.
 
Top