The best park about investing is you are done working by 0900ish depending on where you live. Walking into work with an extra 10M in your pocket feels mighty fine. The bubble we are in is very interesting.
I have been reading up on margin and options and stuff. I did make a Robinhood account already, just doing as much research as possible before taking the plunge.I would transfer the 44K to Robinhood and Margin trade. You’ll definitely maximize your gains.
No when I started I was reading Robinhood was not that good, so I went with ALLY bank because they had the lowest fees at the time. Now that does not matter because everyone is free for trades. That is crazy about apple. I am up on all my stocks other than SMLP, but TESLA is my biggest winner I am up 44K on it from the 2k I put in. All my other stocks are up from a minimum of $15-$1600.
It’s risky but it’ll pay out if you use it right. Robinhood is the cheapest margin trade. I took some of mine and bought NIO and TeslaI have been reading up on margin and options and stuff. I did make a Robinhood account already, just doing as much research as possible before taking the plunge.
I am more of a compounding interest and dividends reinvestment type of trader. Just saw my shot with Tesla and knew I would spend the 2k on worse if I didn’t lock it in... I do like the aspect of dollar cost average, but find my TSP should be what covers my retirement, and my stocks should be more short term gains..And here I was patting myself on the back for being up 100 bucks on a Russell 2000 etf... Swimming with the big fish here damn
Yes from my interpretation of what I have read up to this point “risky” is an understatement lol. But you gotta spend money to make it! SHUFFLE UP AND DEAL! Also do a bit of sports gambling now that it’s legal in CO, usually just bet on UFC though.It’s risky but it’ll pay out if you use it right. Robinhood is the cheapest margin trade. I took some of mine and bought NIO and Tesla
Don't confuse young professionals with moderate amounts of disposable income as swimming with the big fish.And here I was patting myself on the back for being up 100 bucks on a Russell 2000 etf... Swimming with the big fish here damn
I would transfer the 44K to Robinhood and Margin trade. You’ll definitely maximize your gains.
It depends what you’re trading and how it’s set. I have a set limit for 2 below the purchase price which will automatically trigger a trade.That sounds like a bad idea. Leveraging yourself in a bubble economy. I recommend looking into P&F charts and reevaluate. But its your money.
It depends what you’re trading and how it’s set. I have a set limit for 2 below the purchase price which will automatically trigger a trade.
Got confused for a bit and thought I was on WSB. Anyone else follow this madness?
If you’re buying from a US exchange, they are not treated as foreign and won’t pose a security risk.
Id also have a hard time seeing my 25 shares of NIO indicating that I’m buddy buddy with China ?