BMW i
Forum for the BMW i3, i4 and i8
BMW i3 BMW i8
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

  BMW i Forums > BIMMERPOST Universal Forums > Off-Topic Discussions Board

Post Reply
 
Thread Tools Search this Thread
      01-11-2019, 07:25 PM   #89
TheHouseWon
Colonel
TheHouseWon's Avatar
588
Rep
2,015
Posts

Drives: 2013 M5
Join Date: Nov 2015
Location: SoCal

iTrader: (10)

Quote:
Originally Posted by FitzgJ74 View Post
Did you guys buy any RELI? Up 15% today, that's just the beginning of the next run, they're going to PR a large real estate deal soon... float is locked.
Your 10 year old stock M3 and a screenshot of your "technical analysis"

If you're getting 400% returns you should be driving something a little more... sophisticated.

Having said that, im gonna look into RELI ...bro
Appreciate 0
      01-11-2019, 07:26 PM   #90
XKxRome0ox
e90noob
XKxRome0ox's Avatar
United_States
352
Rep
965
Posts

Drives: '08 E90 M3
Join Date: Mar 2012
Location: Los Angeles, CA

iTrader: (3)

Quote:
Originally Posted by FitzgJ74 View Post
Quote:
Originally Posted by XKxRome0ox View Post
so i'm a total newbie to investing in stock market individually
(have only had robo-managed accounts before)
i just joined Robinhood and threw a little money in there to test the waters

of course i got in right before the massive dropoff in October .. then everything recovered ... just to take a dump again this week

anyway
i thought it'd be fun to share our favorite stock picks ... act like we can predict the future
and just share experiences and discuss investment strategies


one of my biggest failures as a newbie in the past couple of weeks?
selling CVS stock the day before dividends were paid out
lol
that's how new i am

should have just held onto CVS as it's been gaining steadily while most other stocks are tanking

(if you want a referral link so we can both get a free stock in some company, please message me)
Did you guys buy any RELI? Up 15% today, that's just the beginning of the next run, they're going to PR a large real estate deal soon... float is locked.
did you delete your previous comments or were they deleted by a mod?
__________________
2008 E90 M3
Appreciate 0
      01-11-2019, 08:03 PM   #91
FitzgJ74
Private First Class
32
Rep
103
Posts

Drives: M3 e93
Join Date: Nov 2018
Location: Canada

iTrader: (0)

Quote:
Originally Posted by TheHouseWon View Post
Quote:
Originally Posted by FitzgJ74 View Post
Did you guys buy any RELI? Up 15% today, that's just the beginning of the next run, they're going to PR a large real estate deal soon... float is locked.
Your 10 year old stock M3 and a screenshot of your "technical analysis"

If you're getting 400% returns you should be driving something a little more... sophisticated.

Having said that, im gonna look into RELI ...bro
The only thing I need a chart for is estimating buy zones... framing the opportunity is based on fundamentals.
Appreciate 0
      01-11-2019, 08:06 PM   #92
FitzgJ74
Private First Class
32
Rep
103
Posts

Drives: M3 e93
Join Date: Nov 2018
Location: Canada

iTrader: (0)

Quote:
Originally Posted by TheHouseWon View Post
If i were a newbie I would dollar cost average into a balanced global fund. $500-50,000 per month (whatever fits your financial situation) without selling until I needed the money (as a last resort).
Clown advice will turn your $5k into $5,500 in 20yrs lmfao
Appreciate 0
      01-11-2019, 08:10 PM   #93
BayMoWe335
Lieutenant Colonel
634
Rep
1,934
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

Quote:
Originally Posted by FitzgJ74 View Post
Clown advice will turn your $5k into $5,500 in 20yrs lmfao
Any other advice you can give us?
Appreciate 0
      01-11-2019, 09:46 PM   #94
TheHouseWon
Colonel
TheHouseWon's Avatar
588
Rep
2,015
Posts

Drives: 2013 M5
Join Date: Nov 2015
Location: SoCal

iTrader: (10)

Yea yea yea... I read the same penny pumping bs on the Yahoo finance boards and elitetrader.

Do not buy penny stocks. End of discussion.

If you want to gamble, go to vegas and get free food/entertainment, otherwise the only ones making money in penny stocks are insiders and your broker. If you've heard of the strategy I've read the book and did the math (quant, fundamental, technical, long/short, squeezes, options, blah blah blah). Recommendation stands: diversify in a balanced fund and add to it systematically. Don't believe the hype.

"The road to riches is paved with dead bodies." Think of rhe long game and be disciplined.

Now, let's see more of that sweet stock 10 year-old M3 those amazing 400% trades allowed you to buy.
Appreciate 0
      01-12-2019, 12:19 AM   #95
qba335i
Second Lieutenant
160
Rep
234
Posts

Drives: 335i
Join Date: Feb 2011
Location: Chicago

iTrader: (0)

Quote:
Originally Posted by FitzgJ74 View Post
Quote:
Originally Posted by TheHouseWon View Post
Quote:
Originally Posted by FitzgJ74 View Post
Did you guys buy any RELI? Up 15% today, that's just the beginning of the next run, they're going to PR a large real estate deal soon... float is locked.
Your 10 year old stock M3 and a screenshot of your "technical analysis"

If you're getting 400% returns you should be driving something a little more... sophisticated.

Having said that, im gonna look into RELI ...bro
"Nothing runs 400%" he said, "put your $5k in a global investment fund" he said...
With 5k portfolio you are not making money either way...

It's hard to make money trading penny stocks cause the volume is low and bid/ask spread is large. Larger trades move the market. Fun to trade a few dollars and brag about your gains, but not a good long term investment strategy.

I would have to see your P&L statement.. the unrealized gains are not really worth a lot when you have huge daily price swings.
Appreciate 0
      01-12-2019, 10:16 AM   #96
FitzgJ74
Private First Class
32
Rep
103
Posts

Drives: M3 e93
Join Date: Nov 2018
Location: Canada

iTrader: (0)

Quote:
Originally Posted by qba335i View Post
Quote:
Originally Posted by FitzgJ74 View Post
Quote:
Originally Posted by TheHouseWon View Post
Quote:
Originally Posted by FitzgJ74 View Post
Did you guys buy any RELI? Up 15% today, that's just the beginning of the next run, they're going to PR a large real estate deal soon... float is locked.
Your 10 year old stock M3 and a screenshot of your "technical analysis"

If you're getting 400% returns you should be driving something a little more... sophisticated.

Having said that, im gonna look into RELI ...bro
"Nothing runs 400%" he said, "put your $5k in a global investment fund" he said...
With 5k portfolio you are not making money either way...

It's hard to make money trading penny stocks cause the volume is low and bid/ask spread is large. Larger trades move the market. Fun to trade a few dollars and brag about your gains, but not a good long term investment strategy.

I would have to see your P&L statement.. the unrealized gains are not really worth a lot when you have huge daily price swings.
Lol you are pal, a lot of money. You just don't have the chops for it jealous boy.
Appreciate 0
      01-14-2019, 01:26 PM   #97
ScottSinger
Brigadier General
1285
Rep
3,825
Posts

Drives: M235i 6spd
Join Date: Dec 2013
Location: Mid-Atlantic

iTrader: (0)

Worth a read, amusing. https://www.nytimes.com/2019/01/14/o...gtype=Homepage
Appreciate 0
      01-15-2019, 03:27 PM   #98
WestRace
Private
39
Rep
92
Posts

Drives: E46 M3, E90 M3
Join Date: Jun 2007
Location: Los Angels, Ca.

iTrader: (0)

Quote:
Originally Posted by ScottSinger View Post
Females tend to be more buy and hold vs. male timing the market so that makes sense.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -5. The time now is 03:46 AM.




bmw
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST