What stock to buy?

Discussion in 'Business & Economics' started by Saint, Feb 1, 2021.

  1. RainbowSingularity Valued Senior Member

    Messages:
    6,124
    invest in gadgets ...(language and terms define different types of things & mutual stocks are not a specific type of investment stock)
    additionally
    mutual funds are exploited by wall st type people who write off the funds returns as losses against their own privatized speculation through 3rd party company's so they pay almost no return to the investors while the majority of the fund is given a almost 0% return and then called "safe" because it keeps most of its principal investment

    so saying "buy stock in mutual funds"
    is about as useful as saying "put your money in a bank".

    mutual funds are designed specifically to give almost 0 profit in exchange for loose promise of low risk to lose principal amount
    while wall st types siphon off huge management fees as they gamble with the high risk portions through loss making company's.

    https://www.investopedia.com/terms/m/mutualfund.asp

    reads like your loading the dice to muddy "speculation" with "investment"
    "speculation" is generically high risk high return medium short term
    "investment" is long term low risk

    generally the average majority investor does not wish their life savings to be speculated with

    American terminology "speculator" gold digger living homeless

    terminology is important in some finance matters because the nature of the word defines a loss or a profit
    the different meaning of a word can be you giving me all your money for free
    or asking me to pay on of your bills.

    bitcoin value is influenced by the media
    but professional speculators wont be influenced by the media
    [[professional speculators predict the market change, ahead of the market changing, when it comes out in the media, the professional speculators have already closed their deals & moved on or waiting for the big cash pay day to pay out]]

    terminology ...

    we can talk elon musk & his $1,500,000,000.00 USD purchase of bitcoin

    is that an investment ?

    it will surely inspire a few million eastern block speculators to know bitcoins are deemed reasonably safe
    plus it gives him a solid fan base advertising platform that is worth millions
    was he just burning one point five billion dollars for fun ? Doubt it

     
    Last edited: Feb 22, 2021
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  3. Seattle Valued Senior Member

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    6,958

    What determines whether you go with the standard black font or switch to the rainbow font style?

    Musk has just made so much money from the run up in Tesla stock that he can afford to make that Bitcoin statement. Nevertheless, if the price of Bitcoin remains as erratic as it has been in the past, it's still speculative. The more companies that buy large amounts of Bitcoin, the less erratic its price will be of course.

    Regarding mutual funds and ETF's, you are suggesting that they don't result in profits to anyone other than the companies running the ETF's or the mutual funds. That's demonstrably not true.

    You've stated that you have no money and yet investors in those issues did earn money (a lot) last year. The Nasdaq 100, for instance, was up about 45% last year. I've sure it will begin to revert to the mean soon enough which is about 10%.

    Leaving your money in the bank will return nothing but principle these days.

    The biggest reason for the gap between the "haves" and the "have nots" is that one invests in some manner and the other just spends.

    Most of the have nots aren't unemployed, homeless living in the street just as most of the haves aren't Elon Musk and Bill Gates.

    If you look around at your neighbors (perhaps) or friends and notice which seem to be doing better and which seem to be doing worse...the difference is generally that one delays self-gratification to a degree so they have something left to invest and the other spends whatever they make.

    I know a lot of people. Some make more money and some make less. There is little correlation between what they make and how much their net worth is. Some make a lot and invest a lot and some make and invest very little.

    Others just have OK jobs but the results are the same. Some spend it all and have little left to invest and others have much larger investments. After a while they are able to buy things, take trips and still have decent investments because they focused on investing first.

    Others have a lot of "stuff" but have a much harder time of it after they retire because they have little invested.
     
    Last edited: Feb 22, 2021
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  5. exchemist Valued Senior Member

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    10,285
    I've always assumed it depends on how GAY he is feeling.

    Please Register or Log in to view the hidden image!

     
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  7. Saint Valued Senior Member

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    I buy BTC at 48k, I believe it will go up to 60k.
     
  8. billvon Valued Senior Member

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    19,473
    Avoid bitcoin. Find a company that actually makes something and buy their stock. Solaredge, for example. Solar is going up and up in market penetration.
     
  9. Saint Valued Senior Member

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    4,180
    BTC crashed but it got strength to up further.
     
  10. billvon Valued Senior Member

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    19,473
    Again, avoid bitcoin and other fad stocks. Find a company that actually makes something and invest in that.

    Or better yet get a mutual fund. That way someone else does the work for you.

    Or just jump on the get-rich-quick train and lose all your money. That's a very popular and hip thing to do.
     
  11. Seattle Valued Senior Member

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    6,958
    I hear Gamestop is where you want to dump all your money...
     
  12. billvon Valued Senior Member

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    19,473
    Enron also did really well for some people.
     
  13. Saint Valued Senior Member

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    4,180
    Buy Apple for long term, Apple wants to make electric car too.
     
  14. RainbowSingularity Valued Senior Member

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    6,124
    you are buying socks ?

    where will china apple make their electric cars ?in India ?

    who will buy them , maharaja farmers ?
     
  15. Saint Valued Senior Member

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    4,180
    If Apple drops below 120 I plan to buy $2000 of units.
     
  16. kx000 Valued Senior Member

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    5,036
    YouTube, google, brands like Coca-Cola, or Nike.
     
  17. Saint Valued Senior Member

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    4,180
    Why US Bond Yield higher can trigger sell off in stock market?
    Yield high also means inflation?
     
  18. Seattle Valued Senior Member

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    6,958
    It's just one factor but when safe government backed bonds pay more than the average stock dividend then there is some pressure on the stock markets as people just put their money in bonds.

    It's a sign that inflation is going up but it's still not high. I think it was just how fast the change was.

    At a certain point when stock prices are high people are just looking for any reason to sell.
     
  19. Saint Valued Senior Member

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    4,180
    What is the best performing mutual fund in the
    1) UK ?
    2) USA ?
     
  20. Saint Valued Senior Member

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    4,180
    Should I buy Apple now?
    It is 119.98 closed last night.
     
  21. RainbowSingularity Valued Senior Member

    Messages:
    6,124
    looks like apples real value is around $50.00
    but with covid & everyone pulling all the money out of other stocks & probably hedge fund managers expecting apple to gain sales from quarantined people spending more time online
    they have probably heavily invested

    apple has 2 values
    1 future products
    2 market speculators

    market speculators have probably caused the price inflation

    is there a new product about to be launched ?
    not that i know of
    all markets are stagnating in cell phones & such like digital devices as china and india bring online massive low cost production and dump expensive priced tech models of computerized equipment

    at home consumers could still spike apple further, but hedge fund managers will be looking to sell which is probably what you are seeing, they will be likely trying to secretly dump the stock without anyone knowing

    hedge fund managers are probably going to dump into Johnson & Johnson(type companies making vaccines)via secret back channels

    with the pandemic
    death has become a massive consumer market
    medical products and other death profit is probably exploding

    2nd world death spending has probably spiked massively
    those hedge managers will want a piece of that action
     
    Last edited: Mar 11, 2021
  22. Seattle Valued Senior Member

    Messages:
    6,958
    Put your money in QQQ and don't try to time it. Give yourself a 10 year time horizon. Anything else is just guessing.
     
  23. billvon Valued Senior Member

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    19,473
    US - Fidelity Contrafund.
     

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