I was thinking about investing in it down the line just as a side thing to get extra cash. How does it work? What are the pros and cons of stock? Like, I open up and an account and trade stock. Fill a coli brotha in.
Can Someone Tell Me About Stocks? (Is It Smart To Invest In It Down The Line?)
- Thread starter SirReginald
- Start date
So, basically put in a low amount of money? Then, sell it when the stocks are high?
Alright
roxxthe96er
Emcee
There's a lot more to it than that, not throwing shade just facts... Basically you gauge what's going on socially and economically and react with your best supply and demand business sense. So now for instance a ton of police departments are investing in officer mounted cameras, you find a publicly traded company that sells them, TASR for instance and buy shares. As they make money your shares will become worth more and then you sell them. Another technique you can use that has had me caked the fukk up in the past is to buy ETFs, these are companies that manage large groups of stocks with a similar theme, so like if you buy one share of an ETF that's involved in gold you're basically playing the gold market as a whole. The best ETF I personally know of is SPXL, because its a 3x return based on the entire market. If the market as a whole is going up your shares are increasing in value at 3 times that speed. shyt's dangerous though cause you'll lose the guap just as fast. Good luck homie.
roxxthe96er
Emcee
If this was directed at me I'm 18 so I'm still pretty new to this stock shyt but Iv been had my hand in it for a couple years now. Those the annual and quarterly SEC forms though, right? Like I said, I'm mostly bullshyttin but I'm stackin so far an these methods workin
thats not to sound arrogant either but not everybody is meant to be picking their own stocks. some things in life require an education and experience. I would say the capital markets is 100% one of them.
investing without knowing what youre doing is like performing surgery on yourself
investing without knowing what youre doing is like performing surgery on yourself
was talkin to OP famIf this was directed at me I'm 18 so I'm still pretty new to this stock shyt but Iv been had my hand in it for a couple years now. Those the annual and quarterly SEC forms though, right? Like I said, I'm mostly bullshyttin but I'm stackin so far an these methods workin
sayyestothis
Free the guys
If you don't know what your doing or don't educate yourself thoroughly before you decide to dabble you areally basically gambling just like you would at a casino. Especially right now while things are at an all time high and the FED seriously raising interest rates within the next two to three quarters.
Either educate yourself or talk to a RESPECTED licensed professional.
Either educate yourself or talk to a RESPECTED licensed professional.
Citi Trends
aka milobased
you tryna be the next wolf of wall street bruh
I didn't say I was doing this anytime soon. I just wanted to know what it was all about. I'm too focused on certs and other things.
HookersandIceCream
#TeamOrange
Cant go wrong with the big companies 
Apple
Google
Microsoft
Apple
Microsoft
roxxthe96er
Emcee
If you guys are looking for come ups you gotta start working for one of them demonic ass companies that buy debt. They pay the companies like Capital One like $750 to buy $10,000 worth of credit card that confused old people have defaulted on and then call like "yo we callin about that 10k that you thought was just finna go away, nah, we gonna expose you to your neighbors and friends and put you in the paper unless you pay at lease $25 for a week for 80 weeks" and squeeze like 2k out em and on some straight evil shyt they just hustle legally. They always hiring people age 19-29 as long as you don't have an money related crimes or been fired for stealing or a banned from the stock market but if you banned from the market you probably not in this thread...