20-50% is risky no matter how you slice it.


I've been making $ for a long time though so I wouldn't really suggest to a newbie. May be better off betting on sports.

nah fuck that

my question tho is what did you invest in when you started

penny stocks?

No, my first two stocks were Xerox and Walgreens. I dabble in penny stocks with petty money but I have made good money doing it. You can make $15,000 this year easily. If you can't risk $1,000 start with $100.

Boof;

Please, please don't listen to this online avatar in regards to allocating actual American tender.

Macaroni tqking advice from this gooked out noodle head


Fitting


Fuck u both

Book since this is a hip hop forum j Google value investing if u r diligent but Google how to follow market index funds if u want a Lamborghini in 8,546 years at 8%. If u wanna live now try entreprenuership. Diode is the richest dude here and he probably j has mutual funds and sp500 funds.

I do sp500 index funds. I do a fully matched 401k. I have an ira set up with the all seasons plan.

Study my words.

listen, dont tell me who not to listen to just GIVE ADVICE i don't know what sp500 is sounds like sunscreen i don't know how to go about mutual funds help ya boy out

made a tidy profit off of MCD today. had bought in back at 89. i expect it to tank tomorrow after dividends go out. there was no logical reason for the boost today so i cut and ran.

also lolin @ aero like usual

yeah 20-50% returns on the regular for this guy, that's why he's slumming it on this forum and not working for a hedge fund.

stahp, guy.

stahp.

hey guys send me your money and i'll invest it for you

S and p 500 is the index funds of the top 500 companies. Think coke McDonald's Google etc.

Index funds charge less fees than mutual funds. Avoid fees. Be your own broker.

ishares s&p core has done very well for me

ira is a mix of vanguard small cap value and high dividend yield

so why did you buy back in if there was no logical reason for the boost. just cuz you saw it was going up?

you are advising to invest in the top 500 companies?

halp

just save your money booth

you are terrible at reading comprehension. i bought back when it was at 89. sold yesterday at 99.

look into dalio's all weather/seasons plan bro.

this is why you will always be a dirt person, just as your father's fathers were godless lawless mercenaries.

nah @Diode i just thought you said bought back in at 89 not bought in back at 89

@Diode how long did you have it for?

my long term funds are with my friend who's a financial advisor for axa. i'm done playing day trader.

Vintage diode

Bro....I am talking about long term. Are you paying this friend commission?

I make so much money off stocks I could do it full time if I felt like it.

he gets a cut. i get the family rate on that cut and it ain't a big enough % for me to care.

with inflation s&p is horrible and a route for losers.

Get a low cost fiduciary and study the stock market, or bonds, or commodities, whatever. Become an expert, lower your costs. Find low cost options and do your thing. If not just follow the index and buy a house when you're 60 like a loser.

No hate though

i like your style

teach me more

Dog just read The Big Short, unless you're a super genius like Calvin from Calvin and Hobbes, you will not get it the first time but it's hilarious and for a laymen to read it 2x is to increase his interest and market knowledge tenfold esp. if you use that reading as a launching pad for other books. I'd reccomend the 10-day MBA, How to Read Financial Statements, and something on Bonds and reading balance sheets. Also would recommend

http://economictimes.indiatimes.com/...ow/8908970.cms

Written by a young Indian teen whose family own the Indian stock game. Very basic but a good intro. After you read The Big short you'll know what to do if you're not a pussy. Learn how to read financial statements, find discrepancies in the Market and pull the trigger. Also helps to have at least 20k to play with and perhaps a fiduciary. Good luck but I doubt you have the tenacity for it.

nah no fiduciary and I have like 1k to play around with i'm a broke boy but I have a tenacity like none other when it comes to anything numbers related so I SHALL READ ALL THAT

that just means your considerable talents are misplaced. 1k is nothing, you wanna turn that into 5 when you could've just studied, saved, and turned 5 into 25? Save some money. To be honest it might not be your angle though in the end. Would you rather 150k/yr via 60 hr work weeks or 50k a year through your own business and 20 hr weeks? If it's the latter read 4 hour work week by tim ferriss and related books that appeal in the reccomended reading list. But saving is possible even with a 40k job. Save and study, then pounce when you're ready

real shit though, read 4 hr work week, build a business with that G while u study the market. Then use your business profits for the market. PM when u find out what ideas you will implement.

yea booth with your 40k a year job just save and play the stock market

SARCASM

give up this notion. you are better off just buying lottery tickets everyday. we are true americans. these guys are jews or wannabe jews. don't fall for their tricks they will rob you.

your credit score lets me know you shouldnt be worried about the stock market. just live. work. save your money. and spend it.

YOUR GONNA BE DEAD ONE DAY. why fuck around

nah im gonna be dead one day so WHY NOT FUCK AROUND

eh?

touche'

if i was you i'd buy the cheapest camera that records 1080 hd and get a good mic and set up a good studio and get on good beats and make songs and vids forever until someone notices