Boiler Room: The Official Stock Market Discussion

NatiboyB

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Sold Johnson & Johnson, Intel, Exxon Mobile, and the ETF BND. Added more Square and added Celsius.

Verizon will probably be sold next but not today. Not adding any more positions so the proceeds will go to something I already own. Still at 18 positions which is too many.

YOU GOT rid of all of the OG stocks damn near...Seems like JNJ, Intel, Exxon still have room to run over the next few years. I don't see JNJ, and Intel going anywhere and I'm almost sure Exxon won't just die off. they could buy into clean energy or create something im assuming.

But at the same time I got rid of all of mines to when I took over my own stuff...I had PNG, JNJ, and a few others and Bonds...Yes Bonds...I hardly made anything for all of the years I was investing. I've almost made more in these few months I've been managing my own portfolios...

I am spread into too many brokerages when I shouldn't be. I'm probaly going to cut it down to 3 with 1 being my IRA, 1 being M1, and 1 being Fidelity or Webull and im leaning towards webull.

How many brokerages are you all in? Can you have one with multiple accounts?
 
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FabTrey

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regarding penny stocks -

been there, done it brehs. it all starts with one that pops like a mofo and they suck you in. you then keep chasing the next ride. you can't hold these cuz you know it's penny and they will crash at any moment. the high is so great you keep searching for the next high. and then you left wondering what da hell happened to my money 4-5 months later.



they say only people who are making money in casinos long term are pros. if you are a noob then stay da fuk away from the penny stocks. :heh:
 
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K-Deini

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don't even remember my CB, it was the reverse split that fukked everything up

edit: just looked at their chart, shyt is under 1.25 even after a whole ass RS this summer :mjlol: that stock is crizzap
I agree. There was no need for it and it completely killed the momentum for it. Ceo is a dikkhead
 

FabTrey

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robinhood is nice brehs. i get to trade ETH :mjgrin:

:takedat:

Screenshot-20210104-134852-Robinhood.jpg
 
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FabTrey

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Mind your business on your net worth brehs.

i get motivated when cacs call in and brag about the net worth.



this saddens me.
ff_detailed_5alt2.png



word 'net worth' is not just for celebs or rich cacs. we should all focus on building our wealth.
and all of you should write out everything and find your net worth.

Make a list of all your assets:
This includes your house, car, savings, stocks, bonds, other investments, retirement accounts, property, etc. All of your savings accounts should be listed separately and added up together for a total

Make a list of all your liabilities:
This includes all your debts. Add up your mortgage, car loan, student loans, personal loans, medical debt, and any other debts you have. List them all out separately and add up the total.

Subtract your liabilities from your assets:
Subtract your liabilities from your assets. The total you get is your net worth.



it will make you motivated. so from now till rest of your life i encourage you to think about the net worth.
 

FabTrey

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Just now seeing this, @Scholar posted earlier. :salute:


i'll still keep NIO. it's a small position anyway and i'm banking on China backing up NIO long term. I know none of these chinese companies can be trusted, but that's ok. it's all about waging risk vs. reward and i feel like reward is greater than the risk on NIO.
 
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