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/biz/ - Business & Finance

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28838757 No.28838757 [Reply] [Original]

I just added $100 to Robinhood and I dont actually know how stocks and investing works. Please help. I just want a little extra money so I dont have struggle as much

>> No.28838781

>>28838757
chode

>> No.28838846

>>28838757
Unfortunately if you have absolutely no idea what you're doing with investing, even if you think you're intelligent, you're going to lose money while you learn lol.

>> No.28838852

>>28838781
No u

>> No.28838916

>$100
Buy yourself two large pizzas. You'll get more satisfaction from that than turning $100 into $108 in 3 months

>> No.28838966
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28838966

>>28838757
my best advice is take our your 100 bucks and put it in your savings. Unless you have at least 5k to spare for your investments, you're shooting yourself in the foot

>> No.28839024

>>28838757
My advice is to buy into GLAD. It has been doing well recently, and has a nice dividend. With $100 you should be able to buy 10 shares, making $0.65 in dividends monthly as well as whatever appreciation the stock has.

>> No.28839072

>>28838846
Sadly, this guy is probably right. Expect to lose most of your $100.

>> No.28839083

>>28838757
>Robinhood
NGMI

>> No.28839217

>>28838757
This is bait, right?

>> No.28839264

Okay anon, real simple. Follow a bunch of energy stocks and biotech companies. Wait 15 mins after the market opens, buy whatever is down the m.j most and wait for the rebound. You need 25k to seel more than times in a 5 day period ao sell always on a gain.

>> No.28839324
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28839324

>>28838757
X MARKS THE FAG

>> No.28839365

>>28838757
just buy bitcoin and hold for 3 months minimum

>> No.28839380

>>28838757
I want to hurt you very badly but I also feel pity.
buy slvo, you'll get a decent monthly dividend payment which you can either reinvest or put into something else.
spxl is a good long hold.
now go punch yourself in the balls

>> No.28839458

>>28839365
If you bought $100 worth of btc that's 0.00203437276219 bitcoin. If bitcoin made it to 1 million dollars the guy would only have made $2034.37. btc is not a good investment unless you can buy at least 25% of a coin right now.

>> No.28839587

>>28838757
Invest in solar energy. Just put the 100 bucks in that. Investments of 100$ don't do much but if you keep putting in 100$ dollares you'll turn it into something more. Most of these retards want you to trade which is not for newbies. Go long hold bro.

>> No.28839634

>>28838966
also never give this "ya gotta have xthousand to start" kind of shit any credence. One man's 5k is another's 1M & another's cigarette butt in the gutter.
just keep socking what you can away.
godspeed you dumb piece of shit.

>> No.28839675

imagine choosing a fat girl child to advertise your snacks

>> No.28839680

>>28838757
>$100
>struggling
>trying to day trade
>has no concept of capital gains
Just work more nigger.

>> No.28839729

>>28839458
>10x return is no gud
absolute dicksucker

>> No.28839738

>>28839458
sorry, what? you're saying he shouldn't make 20x his investment, because the amount starts with a decimal point and two zeros? have you ever heard of percentages? this has to be bait.

>> No.28839754

>>28838757
later when NASDAQ opens, buy NNDM when it drops to around $12.5 - $12.8

>> No.28839768

>>28838757
If you can afford to lose that $100, start trading/investing with it. Create a balanced portfolio, with maybe 1 share per company or even fractional shares for some. You won't be making much, but you also won't be losing too much, and once you get more experience, you can scale up and start working with more money.

>> No.28839812

>>28839458
jesus christ you're dumb. you probably think ripple is a good investment because each coin is cheap

>> No.28839925

>>28838781
This is a complete and utter scam but will unironically make you more money in a week than robinhood will make you in months.
The problem is that your initial may not even cover the fees.

>> No.28840089

>>28838757
If you’re looking for a stock pick, I would choose Tencent (TCEHY) or ASE Technology (ASX). Tencent is at $99 now, perfect for your price, you can get one share and ride it out and see how it goes. Tencent has a massive gaming industry, continues to grow, and basically all of China runs on it. If you want something smaller so you can get more shares, try ASX, it has a lot of promise this year, currently sits at about $8.68. I’m not sure how long term you’re thinking, I don’t do quick penny stocks, but I’m invested in these myself and they have proven to be really good. If you fork over an extra $50, you can get a share of BiliBili (BILI). It’s basically the YouTube of China. One of my best investments to date.

>> No.28840247

>>28839738
You think bitcoin is going to a million dollars? In a few months? this has to be bait

>> No.28840357

buy tomorrow's AMC dips.

>> No.28841110

Even Newton lost most his money investing if you do it without knowing what to do. Like this guy mentions:
>>28838846

This is mostly a cryptocurrency board, OP. But if you want to buy stocks and lower your risk then buy ETFs. Buy the airline ETF JETS and the marijuana ETF with the ticker YOLO. Both those things can be expected to go up when covid is over so you get it at a bargain.

It also avoids you from doing the idiot-act of putting everything in one place. If you invest in cryptocurrencies then go for BTC, ETH, LINK and RSR. Cryptocurrencies is better because it moves more and you can buy parts of one.

>> No.28841151

>>28839083
Checked

>> No.28841942

>>28838757
Buy some Dogecoin :D

>> No.28842090
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28842090

>>28839634
fuck off reddit nigger

>> No.28842344

>>28838757
Invest in lkco its a chinese penny stock thats been going up making sum profits

>> No.28842420

>>28838757
save enough to get out of debt and not struggle, then play the stonk / crypto casino games

>> No.28842592

>>28838757
>1) don’t listen to anyone on 4chan when they tell you to invest in something EVER
>2) go on khan academy finance page and watch every video
>3) go on investopedia too and learn as much as you can
>4)maybe at this point find a textbook on libgen (google university finance economics classes reading material)
>5) learn fundamental analysis

>> No.28842706
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28842706

>>28841151
that's not how that works you fucking retard faggot. you have to go back

>> No.28842765

OP is the same faggot who got 5k pretending to need it to save his Mom.

Guys just trying to rack in free cash right now.

>> No.28842799

>>28839587
This

>> No.28842973

>>28842592
lol