If you just want to learn, do the stock simulator on Investopedia. They give you like $250k in fake money and you buy and sell whatever you want for however long you want. Can also use options and some other stuff. Sometimes I use it just to do the opposite of a move I make in real life, makes it more interesting.
Is Motif like Robinhood? I've gotten a few emails recently saying I was chosen for Motif. Already have a Robinhood account, so should I even bother with it?
not really https://www.motifinvesting.com so say you wanna invest in CRAFT BEER well a "motif" will be a collection of 10 stocks weighted to a certain average (either developed by the motif investors or random people, whichever) and it will be broken out in to a bunch of stocks that are impacted like that or if you wanna do.. say, consumer spending. well apple might be in there, restaurant groups, maybe some entertainment aspects. motif will rate it on risk and what not and then youre able to invest how youd like. you can also tell it you want socially conscious companies or hell drill baby drill companies too and will spit out what youd "like" to invest in as well or you can make one yourself. trades are 10 bucks for each motif. so for example, someone wants cash in on interest rates rising, and created a motif with a shit ton of banks: https://www.motifinvesting.com/motifs/rising-interest-rates1
damn online gaming motif fuckin crushin it https://www.motifinvesting.com/motifs/online-gaming-world EA is at 65? WHAT the fuck shit was at $14 two years ago
What a ridiculous sell-off So tell me, sage investors, why should I not try and buy in on Amazon right now? Down 12% the last five days and they have pretty minimal exposure in China.
Ahh, gotcha. Hadnt really looked into it yet and probably wont. Interesting idea and I'm sure it attracts a ton of people who don't want to be a stock picker but want to be somewhat active. But, not for me.
If you're interested in technical analysis (which is much easier/quicker to pick up for beginners IMO), you can buy one of the Technical Analysis "Bibles" - Technical Analysis of Stock Trends by Edwards and Magee OR Technical Analysis of the Financial Markets by Murphy - and use a free site like freestockcharts.com (I like adding that having an ad blocker in your browser is beneficial since the ads to the right side of the site annoy the shit out of me) or tradingview.com. Also, you can check StockCharts.com to see if they offer their library of reference materials (they have in depth explanations of technical analysis, all of the indicators, ect.) stored on the site - it is possible that this is accessible to subscribers only in which case you can sign up for the Basic Plan (14.95/mo) which should work fine for someone just starting out (though at that point I think you're better off buying the books). Other then that, here is a link to one of the blogs on StockTwits that serves as primer on concepts in many different areas (not just Technical Analysis). I am not sure how in depth they are (I have honestly never looked too much), but the fact that many of their other blogs/contributors provide great value for a free source of information/discussion leads me to believe it is probably sufficient until you decide how you want to analyze potential trades/investments (at which point I would start buying books in that given subject area). Just search around finance Twitter / StockTwits - there are a lot of resources (blogs/websites) out there to help people new to trading/investing that are often times free.
Only reason I do not like the simulator (or any paper trading for that matter unless you're testing programmed trading or something along those lines) is that it cannot replicate what is far the most important part of trading/investing - having actual skin in the game and the emotional and psychological impact of that. Whether you're feeling good or bad (emotional extremes at both ends can be detrimental), most people will tell you that you can be the smartest person in the world but you still have to learn to manage your own emotions/psychology to be successful in the markets.
How long you planning on holding it? Cause the answer to that question isn't going to be the same for someone that plans on holding it for months to years as it will be for someone who plans on dumping it over the next few days. Reason I would hold off is yesterday's bounce attempt by the broad market 1) could not even get over the prior days highs and 2) gapped up only to sell of into the afternoon. Both are usually indicative of a weak market that will likely see us test Monday's lows and possibly move below them. Just my I do like AMZN though - it along with GOOGL and FB were on my watchlist of large cap tech stocks to start buying into before this selloff happened as they all had nice charts and fundamental news/factors backing up recent momentum.
Still don't understand the live for Apple. Realistically, how many more version of the same.exact thing (iphone) will the public buy?
I used to think the same thing, but I think there is something to be said for simplicity and consistency - the iPhone has both. Since we were raised with the internet/computers, we forget so easily how there are millions of people out there who did not have that same advantage (like our parents). The iPhone is a smartphone that is simple (and consistent) enough that it is easy for less technologically advanced folks to pick up and learn in a short amount of time, but still packs enough bells and whistles to keep a lot of tech savvy people happy. I am a big Android fan and even I will admit that this is not necessarily true of Android (it can be confusing for people who are not tech savvy). The other thing to consider is the rapidly expanding middle class in emerging market countries. They see Americans walking around with their iPhones, Apple's slick commercials, and they begin to view owning an iPhone as a status symbol. So even though Apple has currency issues to worry about right now (prime example: China weakening the yuan), they are still going to be able to take advantage of the growing middle class in EM countries because of the way their product is viewed. I do agree that they eventually will have to hit a home run with a new product category (which I am worried about their ability to long term).
I think the Watch is going to get tweaked and updated and will become one of their staples. The big thing is their work on a self-driving electric car. So far, they've avoided Google's trap by not publicizing their work on it, but if they can create a fully iIntergrated electric car.... Oh my God.
That's why I stick to my 10 year old Tahoe. Ol Betsy never needed an update till I moved to TN and had to pass a damn emissions test.
If it were 2005, you'd be able to replace iPhone with blackberry and say the same thing. I just don't see a sustainable competitive advantage.
Blackberry never had the social connection that apple does. I never remember hipsters riding around with blackberry stickers on their cars.
What consumers want out of a phone has changed, yes, but at the time, blackberry had all of the boxes checked off, just like iPhone does now.
Blackberry had proprietary security contracts that made their phones extremely valuable to companies and governments. Everyone saw that downturn coming when the contracts were about to run up. Different deal. I agree that apple needs a new gripping product line to sustain their level of growth though.
Contracts can be renewed. The down turn was when the decided not to build out their app platform. I still have a blackberry. If this thing had apps, it'd be better than an iPhone. Th interface is waaaaaay better. My point is this; 70% of apple's revenue is not sustainable. The iPhone will sales will decline at some point and as that goes, so will the stock price. Investing in the stock is way too risky for me. You're betting that the iwatch or icar will be ready by the time the iPhone sales decline. Jmo
how is that bet now? on the one hand, yea they wont die, but on the other, crushing taxes and tightening govt spending gonna suuuck
Terrible. I'm out of the position. There is going to be a recapitalization which somehow going to wipe out any equity in banks. Took my losses and walked away. I'll absolutely return after the recapitalization
Still in the correction camp - SPY hasn't even made it back above Monday's highs and QQQ is just barely peaking back above them
You're a smart guy. You knew the answer. Its tough to put your money out there when there are bullets flying, especially with how fast everything happened. Were you at the computer deciding whether or not to pull the trigger, or was this a stream of consciousness post?
Glad I was fortunate enough to grab some more Apple and Disney at $95 each. That should have me smiling by December or so.
i actually closed out my etrade account earlier this month because i want to start saving for a kitchen remodel and i don't want those savings to be invested in something as volatile as equity. so no, i wasn't really close to investing. but if i had a spare $10K or $30K, I would definitely allocate some of that to Amazon. Certainly more than shitty offshore drilling companies...
I'm a bit of a novice investor, but I thought this was a great article. I'm still a year or so away from having the cash to take positions in individual stocks, but once I set up a real brokerage account (sorry Robinhood), I'll definitely be doing this. http://thereformedbroker.com/2015/08/24/my-little-trick-for-coping-with-a-correction/
I'm going to start putting cash into VOO and Wealthfront every two weeks. Got about 30 number of individual stocks and kinda thinking this would be a good diversified approach. Uncle Warren said that he'd be investing in the VOO. He's also said that he can't invest in the types of companies that he'd like to because BRK is so large now. That has also been an issue in retaining talent to replace Warren. What's a good BRK-esq company to purchase? Sokol was going to take over BRK but now it seems like he's been floating around doing nothing since he was fired.