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Stock Picks: Post your favorite stocks. 1748  62

Ogre Mage Posts: 2028 Karma: +96/-5 The General ********

~ToRa~

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Re: Stock Picks: Post your favorite stocks.
« Reply #60 on: September 14, 2017, 10:30:02 AM »
There is a lot of speculation and trading in the stock market which can net someone huge gains or can have someone see huge losses. However realize the difference between trading and investing.
Take this bio tech stock. This is a trade
 
https://finance.yahoo.com/quote/SKPBF?p=SKPBF

It's gone up over 29% in one day. Someone that bought just 1k worth of this just yesterday would have seen their trade worth $1,290 today. ( $290 for just clicking a few buttons.)

There are people who just sit at their comp for 5 hours a day looking at charts and trading highly volatile equities. This is akin to card counting at a casino. Is it possible you can make money doing it? Yes. Is it likely you will? No. 

https://finance.yahoo.com/most-active

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Now let's say you saved $10,000 and you've decided you want to use this money for your future. Meaning you have no intention of touching this money for at least 5-10 years. There are literally 100s of companies you could invest your money in.
https://finance.yahoo.com/quote/GM?p=GM

https://finance.yahoo.com/quote/GOOGL?p=GOOGL

https://finance.yahoo.com/quote/UAL?p=UAL

https://finance.yahoo.com/quote/MCD?p=MCD

https://finance.yahoo.com/quote/GS?p=GS

Investing money in any of these companies isn't a gamble. These corporations are making billions of dollars a year so it's a good idea to own shares in these corporations so you can share in their success.   
Ogre Mage Posts: 2028 Karma: +96/-5 The General ********

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Re: Stock Picks: Post your favorite stocks.
« Reply #61 on: September 24, 2017, 12:37:10 AM »
Death Knight Posts: 2633 Karma: +54/-2 retired, be in music section *********

easycompany

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Re: Stock Picks: Post your favorite stocks.
« Reply #62 on: September 24, 2017, 12:46:48 AM »
dam thats true