The Rokslide Stock Traders Thread

[JoeDirt]

I'm going to come across as a true azzhat with this comment but you're getting my initial thought when I read your post.

There are eight billion people on the planet and every single one of them has 168 hours a week to do what has to be done.

If you can't find an hour or two a week to help ensure you and your family's financial future , I'm not sure this thread will be of great help.

Good luck,

Eddie

No ass taken, I pay some attention but not as much as I should. Ive not been in a situation to really invest until a few years ago.

 

[JustABritCrazy]

Thanks all who responded for the advice. I’m going to checkout Robinhood and the blogs mentioned. To start I’m going to wait until it appears the tariff wars have stabilized. I’m also going to set up my own “account”with Monopoly money and see how it goes for awhile. I think this is a good time to learn, I just don’t want to spend real money doing it.

 

[CorbLand]

Question for you guys, Im not well versed on the stock market. I dont have much time to follow it closely.

A few years ago I moved my 401k contributions from a Lifepath retirement fund to %100 BlueChip (not the BlueChip) heavy in Nvidia, maxed my 401k contributions out during the last tech slump (2023) Which has done alright still at a 4% positive when compared to the last dip a few weeks ago.

I have some At&t stock that im probably still in the red on. I dont mind sitting on this as At&t have made some changes that have helped the stock prices. The dividend checks are still decent.

Should I pull out of savings to buy and/or start a Roth? Or use the At&t I have and start paying more attention to the markets?

I do work for a utility company and can buy discounted stock but im not sold on the futures with my local environmental climate.

I dont think the Tarrifs are going away anytime but greatly reduced, any USA based companies worth looking into?

Tesla seems good to buy and sell short term, US software companies seem safe for now. Grocery chains have done will in slumps including Amazon, the Tariffs should reduce those gains some.

If you don’t understand the way markets move, low cost ETFs are your best friend. They are the best friend of 95% of people on this earth.

I have said this a couple times but if everyone put 10% of their yearly take home in a low cost, SP500 tracker for their entire career they will have enough money to retire at 65.

The beautiful thing, doing that takes zero market knowledge and can all be setup and automated. Log in once a year, adjust the amount your putting in when you get raises and that is it.

 

[MountainTracker]

Any of you guys that hold MSTY holding on Robinhood? I’m curious how you are rolling the payment back into MSTY. I don’t see the option on the app, wasn’t sure if it pops up at payout.


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[Poser]

Any of you guys that hold MSTY holding on Robinhood? I’m curious how you are rolling the payment back into MSTY. I don’t see the option on the app, wasn’t sure if it pops up at payout.


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Go to "menu" and then select "investing". scroll down to where you see "dividend reinvestment" and you can turn reinvestments on or off for each of your stocks.

 

[MountainTracker]

Go to "menu" and then select "investing". scroll down to where you see "dividend reinvestment" and you can turn reinvestments on or off for each of your stocks.

Thanks


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[cowdisciple]

Thanks


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Just be aware that the auto dividend reinvestments can inadvertently create wash sale transactions.

 

[Beendare]

Question for you guys, Im not well versed on the stock market. I dont have much time to follow it closely.

IMO, Lots to unpack in that question..... and I agree with Eddie.

You first have to decide what your risk tolerance is. There are many penny stocks bandied around here that are in the "Roll of the Dice" risky range. You can learn an awful lot with the good research out there now from Morningstar, and many other research orgs just spending 1-2 hours a week. [I'm on the high end of that, but I find it interesting]

Then you should develop a strategy. Just buying something because I or someone else here recommends it- or even worse CNBC's Jim Cramer recommends it is a bad idea.

Now there are some really good pros like Stephen Weiss, Josh Brown, Jeffrey Gunlach that are very good and worth following but even then by the time you hear about it from them, they are just talking their book. I think the best advice is to take those recommendations- then dive into them to see if the thesis fits for you.

I do think we are in a time period where the baby has been thrown out with the bathwater....and there are lots of good buys right now.

 

[Crowmangler]

Couldn't help myself... filled up a bucket of NVDA at $101 for a long play.

 

[cubdriver84d]

Couldn't help myself... filled up a bucket of NVDA at $101 for a long play.

I had a limit order at $100. Just missed it.

 

[NDGuy]

Semis will be blowing up- tariff on Chips and Computers was lifted.....

 

[Crowmangler]

Just curious...has anyone ever used one of the companies like Rainmaker Securities, Forge Global, Hiive, or others to buy private shares before a company goes public? For example: SpaceX or Synthesia.
I know they have some requirements such as being an accredited investor, high minimum investments, etc. but was interested to hear from someone who has actually done this & how it went. Feel free to PM if you prefer. Thanks in advance...

 

[NDGuy]

Puts aren't a hedge anymore, gonna be just buying them a few months out on any hike and wait for the inevitable smash down from some news bomb.

 

[Crowmangler]

I had a limit order at $100. Just missed it.

Understand. I've done the same thing countless times over the years & I learned that if it gets real close to a round number like that most of the time it barely misses it so I just do a market order & get on with life.

 

[MountainTracker]

Understand. I've done the same thing countless times over the years & I learned that if it gets real close to a round number like that most of the time it barely misses it so I just do a market order & get on with life.

Yeah I’ve gotten to a point where I add a few more dollars to my limit order just to catch it, I always seem to miss at the round numbers.


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[mostlybirch]

I keep this in my portfolio to remind myself when I think about playing with penny stock junior miners again:

 

[CorbLand]

I keep this in my portfolio to remind myself when I think about playing with penny stock junior miners again:
View attachment 868237

I have two of those.

 

[Fowl Play]

Just curious...has anyone ever used one of the companies like Rainmaker Securities, Forge Global, Hiive, or others to buy private shares before a company goes public? For example: SpaceX or Synthesia.
I know they have some requirements such as being an accredited investor, high minimum investments, etc. but was interested to hear from someone who has actually done this & how it went. Feel free to PM if you prefer. Thanks in advance...

I can only speak to SpaceX, but none of these companies have ever invested in SpaceX directly. The fact that they advertise like they have and can get you in, would give me pause. (Source: past employee who still gets all notices of stock sales, etc. Also pinged a current member of the finance team who has never heard of them)

 

[Crowmangler]

I can only speak to SpaceX, but none of these companies have ever invested in SpaceX directly. The fact that they advertise like they have and can get you in, would give me pause. (Source: past employee who still gets all notices of stock sales, etc. Also pinged a current member of the finance team who has never heard of them)

Thanks for the reply. The way it was described to me is that these companies were kinda like a broker or marketplace for those who had privately held shares to sell them to the public. I was just intrigued by the process & curious if it actually did happen & how common.

 

[Fowl Play]

Thanks for the reply. The way it was described to me is that these companies were kinda like a broker or marketplace for those who had privately held shares to sell them to the public. I was just intrigued by the process & curious if it actually did happen & how common.

Willing to chat more in a PM if you would like, but majority of the high net worth private companies do not allow brokers of this sort. They will totally control who their investor base is, and want to limit the unique number of investors. Preferring fewer very large investors to many smaller investments. Even employees who hold stock cannot sell it to whoever they want. The company itself acts like a broker, allowing employees to sell stock to their current approved investors. For true startups you could go through a broker like this, but you can also likely just call or email the company saying you are interested in investing (if you are an accredited investor).