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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
lewdog 06:48 AM 02-20-2021
Originally Posted by Hammock Parties:
Really, lewdog mentioned it first. I just blew it out my ass.

I hope you got into FRX because I see good things coming in pairs. AH today was a very good sign.
FINALLY SOME FUCKING CREDIT!!!

I also posted ARTL which I bought the day I posted here and sold the next day for 50% profit.

/no big deal
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DaFace 07:41 AM 02-20-2021
Originally Posted by eDave:
And just like that, this thread returns to it's original intention.
Kind of funny. I still think I'll only stop by occasionally, though. I'm pretty busy these days, and it's been a waste of time to come in here to wade through 100 posts a day of alphabet soup.
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Mr_Tomahawk 07:43 AM 02-20-2021
Originally Posted by lewdog:
FINALLY SOME FUCKING CREDIT!!!

I also posted ARTL which I bought the day I posted here and sold the next day for 50% profit.

/no big deal

What’s going to be the big mover next week?

(I already own FRX)
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lewdog 07:46 AM 02-20-2021
Originally Posted by Mr_Tomahawk:
What’s going to be the big mover next week?

(I already own FRX)
Not sure yet, depends where market heads. Could be 5-10% correction. I will wait and see how Monday opens and probably more importantly, closes.
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MTG#10 08:40 AM 02-20-2021
This thread is actually better than WallStreetBets because they don't allow talk about SPACs and penny stocks. I've made more from using tips on those the last couple weeks than tips from there for three months. Should have started paying attention sooner.
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neech 09:23 AM 02-20-2021
Originally Posted by DaFace:
Kind of funny. I still think I'll only stop by occasionally, though. I'm pretty busy these days, and it's been a waste of time to come in here to wade through 100 posts a day of alphabet soup.
Well I guess that's too bad.
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MTG#10 09:35 AM 02-20-2021
Im hoping some of you with more knowledge on the subject could explain this, as this is the first time I've ever invested in SPACs.

"Yahoo Finance Editor-in-Chief Andy Serwer recently explored the SPAC frenzy and cited Stanford Law Professor Michael Klausner's study “A Sober Look at SPACs,” which found, "SPAC investors that hold shares at the time of a SPAC’s merger see post-merger share prices drop on average by a third or more."

https://finance.yahoo.com/news/why-s...192802863.html

If this is true, wouldn't we be better off getting out of CCIV and FRX before the mergers?
[Reply]
RunKC 09:43 AM 02-20-2021
Originally Posted by Titty Meat:
Is a Roth account something worth setting up?
This is critical for your retirement and it really doesn’t cost that much. It’s like that saying “the best time to plant a tree was 20 years ago, but the second best time is today.” Do it now bc time is what helps compound your money to grow.

Put as much in that bitch as you can afford to. It’s really one of the average Joe’s best vehicles to financial freedom.
[Reply]
In58men 10:01 AM 02-20-2021
Originally Posted by lewdog:
Oh I do and have been.

I just know that not everyone can afford that. There's nothing wrong with even a few hundred dollars per year, especially if you're young.

A ROTH IRA is probably the most valuable investment vehicle for middle class earners. You should, however, contribute first to your 401k to get your full employer match (free money). After that, people should look to fund a ROTH.
Yes sir!

I put in 20% and my employer matches 6%. They’ll match 10% after 10 years of employment, I have 3 more years to go.
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Hog's Gone Fishin 10:07 AM 02-20-2021
Originally Posted by Mr_Tomahawk:
What’s going to be the big mover next week?

(I already own FRX)
Chris gives his plays of the week every Saturday morning

I see he's picked up one of my finds from two weeks ago (CTRM), you know, the over valued stonk. LOL


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Mr_Tomahawk 10:10 AM 02-20-2021
Originally Posted by Hog's Gone Fishin:
Chris gives his plays of the week every Saturday morning

I see he's picked up one of my finds from two weeks ago (CTRM), you know, the over valued stonk. LOL


Lol go figure. I sold CTRM on Thursday.
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Hog's Gone Fishin 10:18 AM 02-20-2021
Originally Posted by Mr_Tomahawk:
Lol go figure. I sold CTRM on Thursday.
Me also , took my money and run. Small profit.
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lewdog 10:22 AM 02-20-2021
Originally Posted by In58men:
Yes sir!

I put in 20% and my employer matches 6%. They’ll match 10% after 10 years of employment, I have 3 more years to go.
That’s nice!

My match sucks. Max is I put in 4% and they give me 1%. It’s pretty terrible. They pay me well and I get a decent amount of PTO though. There’s always trade offs.
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In58men 10:27 AM 02-20-2021
Originally Posted by lewdog:
That’s nice!

My match sucks. Max is I put in 4% and they give me 1%. It’s pretty terrible. They pay me well and I get a decent amount of PTO though. There’s always trade offs.
I’m very fortunate to say the least. We also get a pension as well. I’m trying to put in as much as I can, looking to retire around 55ish, maybe earlier. Things also can change in our industry and taxes only go up.
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KCUnited 10:27 AM 02-20-2021
RE: HSA investing. Does your HSA admin only let you invest in certain funds?

My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a retard that can barely read.
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