Author Topic: Stocks  (Read 305896 times)

Offline lubaby

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Re: Stocks
« Reply #660 on: September 28, 2014, 06:16:31 PM »
I'm considering buying about $500 worth of shares... Any recommendations which company to buy into?
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Offline Mark F

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Re: Stocks
« Reply #661 on: September 28, 2014, 06:18:10 PM »
With $500 there isn't really much room for profit, if you wanna do it just for the fun of it you would probably play with rather riskier companies -penny stocks, low capped companies- cause that more fun.

I kinda wanna do it for the fun but at the same time it's only fun if your making money!

Offline nobiggy

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Re: Stocks
« Reply #662 on: September 28, 2014, 08:09:16 PM »
With $500 there isn't really much room for profit, if you wanna do it just for the fun of it you would probably play with rather riskier companies -penny stocks, low capped companies- cause that more fun.

What about 2k?

Offline coralsnake

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Re: Stocks
« Reply #663 on: September 28, 2014, 09:02:47 PM »
A friend bought 1 share of Berkshire @ $3300 in 1988 and still has it today. Hes sitting on a goldmine. Last quote it was trading @ 207,100 per shr.
a few years ago I got really tired of hearing "if you'd only bought one share of Berkshire in 19xx..." So I actually bought a share. Berkshires fundamentals are still great.
Couldnt afford the class A shares but bought one of the class B shares in my IRA.
Bought for 4355 and regretted it for the year or 2 after when it went down. But I knew I was in for the long term.
That share is now worth $6934 today. (Class B shares Had a 50-for-1 split in 2010).
And thus my new "buy and hold" strategy was born.
I also own one share of goog that's about where I bought it a few years back.
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Offline stmark

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Re: Stocks
« Reply #664 on: September 29, 2014, 10:52:40 AM »
Does the ridiculous run of GoPro cause anyone else to consider shorting it?

Offline wierdal832

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Re: Stocks
« Reply #665 on: September 29, 2014, 11:01:59 AM »

Does the ridiculous run of GoPro cause anyone else to consider shorting it?
Hard to get a short. And if u do its gona b expensive.

Offline Mountain Man

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Re: Stocks
« Reply #666 on: September 29, 2014, 11:47:49 AM »
Does the ridiculous run of GoPro cause anyone else to consider shorting it?
Yes but the shares are hard to borrow and the puts are ridiculously expensive. But then again I thought it was way over priced at $50 a share.

Also, there is no put/call parity which is weird because it has been public for 3 months already. You can do a bear call spread but your short leg would probably get exercised way before expiration. I think it's going up because it is just too expensive to go short right now.
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Offline Emkay

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Re: Stocks
« Reply #667 on: September 29, 2014, 06:33:00 PM »
Thoughts on Dave and busters?

Offline itsallgood

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Re: Stocks
« Reply #668 on: September 29, 2014, 07:41:10 PM »
Hey everyone I have a question that I've been thinking for a while.

If I'm investing my money, does it make any sense at all to invest it as a business?
Let me explain. Say I'm a yeshiva student and I don't have any income. I register for a business (a la DansDeals Chase Business cc) and then register an account with Charles Schwab under that business name, investing my money through that. This way I can, perhaps, avoid some tax issues, as well as, open an IRA or a 401k or something.

Does any of this make any sense? Can you see this as possibly beneficial?

Offline 12HRS

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Re: Stocks
« Reply #669 on: September 29, 2014, 07:41:52 PM »
Thoughts on Dave and busters?

got an email from them offering access to the ipo. if anyone wants pm me their email and I can forward the link.

They are offering it through loyal3.com which looking at seems like a very interesting way to buy stocks. anyone here use them? also it seems you can fund through a credit card. does anyone know if that would be considered a cash advance?

Offline itsallgood

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Re: Stocks
« Reply #670 on: September 29, 2014, 07:44:07 PM »
a few years ago I got really tired of hearing "if you'd only bought one share of Berkshire in 19xx..." So I actually bought a share. Berkshires fundamentals are still great.
Couldnt afford the class A shares but bought one of the class B shares in my IRA.
Bought for 4355 and regretted it for the year or 2 after when it went down. But I knew I was in for the long term.
That share is now worth $6934 today. (Class B shares Had a 50-for-1 split in 2010).
And thus my new "buy and hold" strategy was born.
I also own one share of goog that's about where I bought it a few years back.

That's awesome! Isn't the buy and hold strategy what most intelligent investing advisors would tell you to do, no?

Offline sillypainter

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Re: Stocks
« Reply #671 on: September 29, 2014, 07:51:54 PM »
Hey everyone I have a question that I've been thinking for a while.

If I'm investing my money, does it make any sense at all to invest it as a business?
Let me explain. Say I'm a yeshiva student and I don't have any income. I register for a business (a la DansDeals Chase Business cc) and then register an account with Charles Schwab under that business name, investing my money through that. This way I can, perhaps, avoid some tax issues, as well as, open an IRA or a 401k or something.

Does any of this make any sense? Can you see this as possibly beneficial?

False thinking. A typical corporation is an S corporation which all profit goes on your personal tax return. A C corporation is a separate entity, but you're double taxed. Not sure what you want to gain.

Offline churnbabychurn

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Re: Stocks
« Reply #672 on: September 29, 2014, 08:16:46 PM »
Hey everyone I have a question that I've been thinking for a while.

If I'm investing my money, does it make any sense at all to invest it as a business?
Let me explain. Say I'm a yeshiva student and I don't have any income. I register for a business (a la DansDeals Chase Business cc) and then register an account with Charles Schwab under that business name, investing my money through that. This way I can, perhaps, avoid some tax issues, as well as, open an IRA or a 401k or something.

Does any of this make any sense? Can you see this as possibly beneficial?
If you are seriously investing and need advice on good tax strategies, consult a professional.

Offline fc

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Re: Stocks
« Reply #673 on: September 29, 2014, 10:57:48 PM »
That's awesome! Isn't the buy and hold strategy what most intelligent investing advisors would tell you to do, no?
Yup. Thats basically the difference between a trader and an investor

Offline Emkay

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Re: Stocks
« Reply #674 on: September 30, 2014, 01:48:28 AM »
got an email from them offering access to the ipo. if anyone wants pm me their email and I can forward the link.

They are offering it through loyal3.com which looking at seems like a very interesting way to buy stocks. anyone here use them? also it seems you can fund through a credit card. does anyone know if that would be considered a cash advance?
Its not a Cash advance and there are limits, there is a thread here on it