Boiler Room: The Official Stock Market Discussion

[Secure Da Bag]

any of you guys follow modern rock?

Is that a type of stock?

 

[Perfectson]

Stay away from mutual funds, the expense ratio is too high.

Go with Index funds.

Disagree with 50k there are several good funds that more than make up expense ratio

However you can't go wrong with S&P index either lol

I'd put 10k in an account and buy some stocks like aapl or that might be trading at a discount

 

[Perfectson]

What are the bonds really getting you? Low interest rate, have to wait at least, afaik, 20 years for any real payout. What's the actual benefit of them?

Sincere question.

I was getting 7% from a callable BPOP bond

And also bought some cities bonds around 5% I believe, obviously I've taken some hits due to the interest rate increase but it's better than sitting in cash or hoping to get capital gains

Always good to diversity

 

[Secure Da Bag]

And also bought some cities bonds around 5% I believe, obviously I've taken some hits due to the interest rate increase

I don't understand. Isn't that a good thing?

 

[Perfectson]

I don't understand. Isn't that a good thing?

When interest rates increase bond values decrease depending on its duration and coupon rate .

So if I sold my bonds now I would take a capital loss, but I'll wait until bond maturity and just collect the lower interest rate (relative to the interest rate I could get now)

 

[dtownreppin214]

Is that a type of stock?

he runs a trading club. he's coming to dallas in a few weeks so i was going to check it out.

Modern_Rock (@modern_rock) on Twitter
My Investing Club

 

[chineebai]

Cld, in at 0.41. Goldman Sachs brought a huge amount of yesterday , follow the big money, suspecting it to go to 0.50 at least

0.49 today.

 

[chineebai]

0.49 today.

0.61 today, up 50%, sold half, waiting for $1 or more.

 

[winb83]

I took a L not buying Spotify when it went down to $129 the other day. I was gonna pull the trigger but I backed out. Now it’s $137.

 

[chineebai]

Cld - Trump tweeted today that coal is an important part of the future. He probably helping his finance buddies.

In Roku today. Should go up to 51 soon

 

[chineebai]

I took a L not buying Spotify when it went down to $129 the other day. I was gonna pull the trigger but I backed out. Now it’s $137.

I say around $148 by end of month then go down so if you buy now you can scalp a few points

 

[Domingo Halliburton]

I know video game stocks have been getting hammered but apex legends numbers have been impressive. Although EA will.probably find some way to fukk up any goodwill they have here with this game.

 

[chineebai]

Cld - Trump tweeted today that coal is an important part of the future. He probably helping his finance buddies.

In Roku today. Should go up to 51 soon

CLD just keeps going up, up 50% in a matter of 3 days. ROKU is up today too, got in at 46, will sell around $50 ish.

 

[chineebai]

I say around $148 by end of month then go down so if you buy now you can scalp a few points

SPOT up to 142 today.

 

[RC-P90]

sears came thru..wish i had bought a lot more...