The Stock Market Thread

Kick back, Relax, Chat about anything
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iced98lx
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Wed Apr 27, 2016 9:58 am

If you haven't guessed I've been a little more interested in the stock market lately. I've been letting myself play with a small amount of money with the goal being shortish term investments (1-30 days) with mild returns (if I walk with $50 in my pocket it was a REALLY good transaction). I am trading at Schwab since thats where I bank/invest anyway so it's $9/trade. I'll try to document my wins and losses here, feel free to join in. I like keeping up with the market a little so I feel like I'm not a dumbass when we talk to our financial planner.

This morning I was liquid with $500 to spend so I bought AAPL, I wish I had gotten up earlier, frankly.

Image

So as of this writing up I'm up, but not the $18 needed to break even after fees.

speedless
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Wed Apr 27, 2016 12:10 pm

Just a thought; trading that amount ($500), you'll need a 3 1/2% rate of return just to break even and 13 1/2% to achieve your $50 goal (also calculating for 2 trading fees)

Might want to up the investment amount, just so fees don't eat up all your profits.

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iced98lx
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Wed Apr 27, 2016 1:02 pm

I agree it's not overly easy to even break even on most 30 day swings, making $50 would mean I made one helluva lucky guess. I have more than broken even ($4.xx, $7.xx) on the last two months including fees, but I certainly don't expect to make much (if any) averaged over a 12 month period.

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iced98lx
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Thu Apr 28, 2016 11:02 pm

Getting washed on this AAPL stock, thanks Carl you jackass. Thought of buying more at 94.xx but fuckit, wait to see if this turns into a multi-month play to try to get my money back.

Happy with USERX however which I bought at 7.42 and it's now at 8.04.

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dvandentop
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Fri Apr 29, 2016 11:20 pm

Yeah Icahn hosed appl holders yesterday

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iced98lx
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Tue May 03, 2016 10:17 am

"Apple's stock is on its worst slide in nearly two decades"

This is why it's only $500.

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Shifty
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Tue May 03, 2016 9:31 pm

Pot stocks!!!

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dvandentop
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Wed May 04, 2016 5:05 pm

Tsla get hammered?

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iced98lx
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Wed May 04, 2016 6:06 pm

been sliding for a week+ but big hit today

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Shifty
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Thu May 05, 2016 4:15 am

Donald trump is the reason for yesterday

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iced98lx
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Thu May 05, 2016 8:17 am

I just need a leaked email saying Apple is looking at buying netflix

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dvandentop
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Tue May 10, 2016 8:25 pm

Amazon wtfuxorz.... Damn comparing. Numbers makes baby Jesus cry if woulda invested $100k with it 10 years ago

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iced98lx
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Wed May 11, 2016 10:04 am

Yea from $420 to $700+ in a year

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iced98lx
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Wed May 11, 2016 10:04 am

or buy in 2001 for $7 lol

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dvandentop
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Wed May 11, 2016 12:14 pm

iced98lx wrote:or buy in 2001 for $7 lol
Yeah exactly woulda been crazy to get in then

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dvandentop
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Wed Feb 22, 2017 6:02 pm

Damn TSLA making a damn nice run up since December 1 almost up $100

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BunnyBoy
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Thu Feb 23, 2017 8:19 am

Just part of MAGA

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iced98lx
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Thu Feb 23, 2017 9:22 am

Got my tax forms for my playtime investments, I'm not quitting my day job anytime soon but it did pay for some fun.

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dvandentop
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Thu Feb 23, 2017 5:12 pm


iced98lx wrote:Got my tax forms for my playtime investments, I'm not quitting my day job anytime soon but it did pay for some fun.
Don't remember that magnacharger ever getting ordered ;)

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iced98lx
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Thu Feb 23, 2017 5:53 pm

I think cam kit and top end this summer to get ready for blower...

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BunnyBoy
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Thu Mar 02, 2017 9:00 am

anyone get in on the snapchat IPO?

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dvandentop
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Sun Mar 05, 2017 6:25 pm

Don't like snap chat dumb app

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dvandentop
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Tue Apr 04, 2017 11:39 am

Chris did u get back in on tsla damn that shit is on a tear

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iced98lx
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Thu Apr 06, 2017 8:33 pm

dvandentop wrote:
Tue Apr 04, 2017 11:39 am
Chris did u get back in on tsla damn that shit is on a tear
Course I did, skerred as shit to sell though, it can go higher..

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dvandentop
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Thu Apr 06, 2017 9:31 pm

Yeah ya never know :ohnoes:

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