Author Topic: Stocks  (Read 1180330 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?
Buy a Bitcoin, wait for it to go up.

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

Offline mercaz1

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Re: Stocks
« Reply #675 on: September 30, 2014, 09:48:53 AM »
I also got the email from dave and busters
anyone have idea if they will do well

Offline Emkay

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Re: Stocks
« Reply #676 on: September 30, 2014, 06:15:08 PM »
I also got the email from dave and busters
anyone have idea if they will do well
Probably not, the money raised is going to pay off a fifth of their debt, not to improve anything

Offline itsallgood

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Re: Stocks
« Reply #677 on: October 01, 2014, 12:17:25 PM »
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.
I do not fully know what an S or C corporation is but I would look into (and consult a professional) but I understand what you're saying in terms of the taxes. I probably should've opened an IRA instead. Now I have to pay taxes on all dividends.

Thanks your help all.

Offline 12HRS

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Re: Stocks
« Reply #678 on: October 01, 2014, 12:21:59 PM »
I do not fully know what an S or C corporation is but I would look into (and consult a professional) but I understand what you're saying in terms of the taxes. I probably should've opened an IRA instead. Now I have to pay taxes on all dividends.

Thanks your help all.

its not too late. either way if you can get some income on the books it may be even more worthwhile to open an ira/rothira and get the savers credit.

Offline good sam

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Re: Stocks
« Reply #679 on: October 01, 2014, 12:42:32 PM »
Bclid is an israel firm that the government supported tremendously a lot financially. I'm in already a couple of months.And have been following them closely
BCLI now trading on NASDAQ
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