Time to buy stock ?

[scott123456789]

Do you have any investments at all?

For a DIY approach, open a brokerage account at Vanguard and Purchase VTI. Trading at $120 a share and represents the entire US market.

Yes there are some individual stocks that will offer more growth potential but there will be some companies that doesn’t survive this experience. Instead of picking some winners and losers the total stock index fund from vanguard spreads the love and still offers 7% annual historical growth.

If you don’t have a Roth IRA start there with vanguard either VTI or Target retirement fund then with left over money open a brokerage account.

If you want to get rich quick, throw all your ducks into travel airlines/cruises/casinos and hope none go bankrupt...

[TildenHunter]

Risky, Risky dice roll is PENN @ sub $8
It was $30 10 days ago.

McDonald’s, Lowe’s, delta, AA all pretty safe long term bets.
(At least that’s what I’m told)

Now sub $5. Pretty crazy considering it was $38 within the last month

[Rem40x]

XOM at $33.88
RDSA at $23.11
CVX at $61.6
OXY at $9.97
KMI at $10.59
WTI at $1.16
TRGP at $4.93
Total $151,410 Today

My purchases today

[scoutman]

Congrats, good names for sure. I'm still holding off, more down to come, media will guarantee it. Hope I'm wrong, would love to be.

Sent from my Pixel 2 XL using Tapatalk

[tonyguitarguy]

Who are ya'll going through to invest? Apps or specific people?

[RiverRat1]

Burnadell You need to be here scolding more people When the DOW was 29,400 I said it would drop and I got the speech

Give all these guys saying it has a lot further to fall “the speech”. Just saying

[whitetailtrail]

This is what has worked well for me. While most others rode the 2008 crash to 40-60% losses. I sold stocks and moved them to money market. Once it bottomed I bought back in at about 1/2 what I sold it for and rode it up to 3-1/2 times what I paid for it at buying back in. Made a couple of quick Ins and outs that didn’t amount to as much but still made me some money! It is risky no doubt but at that time I was looking for high risk and did it myself quickly once I decided to move. In 15 years total time I made 300% on what I put into it. That was inside of my 401k by the way


Sent from my iPhone using Tapatalk

How did you know where the bottom was?


Sent from my iPhone using Tapatalk

[hunt247]

XOM at $33.88
RDSA at $23.11
CVX at $61.6
OXY at $9.97
KMI at $10.59
WTI at $1.16
TRGP at $4.93
Total $151,410 Today

My purchases today

Not very diversified. All oil and gas. Should work out good though.

[dustoffer]

Is now a good time to invest some money ? If so what’s the best best route to take if I just want to put in a set amount and leave it for a while ? Anyone on here someone in the business ?

We /TBH folks ARE NOT good sources of advice on specifics for the most part---find a financial advisor and make it a habit to listen to them.

But--as the second post says "don't try to time the market"---

Look up a process called "dollar cost averaging" and believe it--it works.

[DEADEYE1]

I bought more this morning. At some point Im going to look like a genius, lol.

you and me both
go QCOM!!!!!!!!

[Burnadell]

Burnadell You need to be here scolding more people When the DOW was 29,400 I said it would drop and I got the speech

Give all these guys saying it has a lot further to fall “the speech”. Just saying

“The speech”!!!

[rtp]

If I say I’m buying in the future, short the market the next day and you are pretty much guaranteed a 10% return by close of business if not sooner. [emoji30][emoji3]


Sent from my iPhone using Tapatalk

[Etxbuckman]

If I say I’m buying in the future, short the market the next day and you are pretty much guaranteed a 10% return by close of business if not sooner. [emoji30][emoji3]


Sent from my iPhone using Tapatalk

Can somebody please explain to me what "shorting the market" is?

[MassMan]

The gold silver ratio is at it's highest point ever. I don't know if I should back up the truck to buy more silver or cry over how much I already own. Probably both. Interesting times.

[meltingfeather]

Can somebody please explain to me what "shorting the market" is?

Betting on it to go down further.

Borrow shares
Sell them
Buy them later for cheaper
Give lender back shares
Pocket difference per share between what you sold them for and what you bought them for