This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print

Topic: Thanks to Egomania!  (Read 212 times)

Tresbn00

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3551 (since 2009)
  • Thanked: 205x
Thanks to Egomania!
« on: August 20, 2018, 08:55:05 am »
My gratitude to Elon Musk for tweeting his unachievable thoughts on privatizing Tesla stock. The price bounced up high enough to make shorting it an easy decision. The securities and exchange commission should tear him up, fine him a monstrous amount, for making an announcement like that. JP Morgan has put the stock price as falling down to one hundred and eighty eight dollars. I don't like to take on a huge amount of risk so I dumped the stock this morning for a tidy little profit at three hundred dollars. Hoping that a certain high ranking US individual tweets tonight so that the FOREX market is easier to predict tomorrow. Never thought I would become a twitter fan till narcissism and ego's started changing the predictability of financial markets.

santa7

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1294 (since 2018)
  • Thanked: 75x
Re: Thanks to Egomania!
« Reply #1 on: August 20, 2018, 09:21:54 am »
Interesting.  I don't know that much about stock market but just recently decided that I wanted to learn.  I only have one share in Microsoft that I've had for about 25 years.  My boss bought it for me.  The dividends don't even add up to $10 a year and I was wondering how to add to it/ invest more into it or some other stocks.  Any advice?

alice44

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2563 (since 2012)
  • Thanked: 62x
Re: Thanks to Egomania!
« Reply #2 on: August 20, 2018, 10:37:03 am »
Interesting what you can learn from the Community Forum  :D

Tresbn00

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3551 (since 2009)
  • Thanked: 205x
Re: Thanks to Egomania!
« Reply #3 on: August 20, 2018, 05:44:40 pm »
I am far from an expert and I think that most people would benefit from either researching ways to invest or speaking with a brokerage that hires people with stock broker's licenses. I used to hold brokerage accounts with Fidelity, Janus, Schwab, and Vanguard but was turned off by their fee structures once I began to better understand the market. I have an account with CapitalOne Investing that is transferring over to e-trade as CapitalOne will no longer be servicing stock accounts. I have an account with Robinhood, Webull, and Matador which are three online entities that do not charge for trades at this time. Each one offers certain stocks that the others do not which is why I keep the three. I will be transferring part of the etrade portfolio to Robinhood because Robinhood pays for one transfer of stock. I'll keep an eye on etrade and close the positions if they charge anything. Webull offers some free classes and up to date market news.

plennis

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4294 (since 2012)
  • Thanked: 150x
Re: Thanks to Egomania!
« Reply #4 on: August 20, 2018, 09:43:54 pm »
I have an account for each of my grandchildren besides my own.  I am not very good at it, but so far have been very lucky.  Took a college course a few years ago and just keep following the advice I got there.

  • Print