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Thanks but that wouldn't be huge gains I don't think. And all of my friends who trade stocks full time for their jobs say that they will keep going up so I think shorting is betting on it going down.
By one reckoning, "trading stocks full time" - for oneself, as opposed to, for a broker... is a tad exuberantly dicey, no?
Assuming that that the original posting is a legitimate query, and not yet another attempt at whimsy or provocation, then I’d consult the Google Docs spreadsheet of the stocks in our very own City Data Stock Market Game, 2021 edition. Consider the more speculative stocks there, which aim to capture the latest hot trend. That seems to be: electric cars (again!), “hydrogen economy”, and something to do with genetic prognosis or related medicine. Also look at the holdings of the latest darling, the “ARK” funds managed by one Catherine Wood… her name is often mentioned on these very forums.
Lots of speculative stocks there, without being utterly insane. Go find a no-cost broker, and split that $600 into 3 or 4 stocks. And hang on!
He's said the same thing repeatedly and I keep telling him you can hide out from the taxes in cash and precious metals too. He has to come up with a better argument against Bitcoin but hasn't up until this point.
Thank you for all of the recommendations. I did buy some Bitcoin this weekend and made about 10% in less than 24 hours and then sold out. I am going to take this money and gains and put most of it on Tesla Monday morning since they reported record numbers this weekend. That should be another 10% or more in 24 hours or at least by the end of the week.
Thanks I just want to treat it as a long shot on a hot stock not those same big odds in roulette or jackpot. Something a little better chance of winning and of course that would come with a smaller pay out but that is ok with me.
I'd buy 60 shares of LUMN and collect a 10% dividend yield while waiting for the stock to rise. You're betting on 5G telephone service transmission increasing, using lines provided by LUMN in remote areas. Another stock with potential is Ford (F) at $9 a share, but no current dividend.
I want to treat this like a lottery ticket since I just got my $600 stimulus today. The stock market has been doing very well. What is the riskiest bet I can make for the most amount of potential money from this $600? I don't care if I lose it all either since it is house money.
How goes it with the stimulus check investing? After tonight looks like you will be getting another $2K check pretty soon. Any prospects for this one?
It has been going well made some money on TSLA this week and now looking at some of these other options listed on these posts. I am up over 20% already from when the stimulus money came in. I am hoping we get that other $2,000 check soon because then I will be able to buy even more of these suggestions.
It has been going well made some money on TSLA this week and now looking at some of these other options listed on these posts. I am up over 20% already from when the stimulus money came in. I am hoping we get that other $2,000 check soon because then I will be able to buy even more of these suggestions.
Yeahhhhh boyyyyyy! 20% in a week is great. Congrats!
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