mission27 Posted March 25, 2020 Share Posted March 25, 2020 On 3/24/2020 at 11:26 AM, ramssuperbowl99 said: I'm assuming it's Wall Street realizing they have apparently endless backing from the Fed until at least November. For sure I'm not sure that's going to help company earnings tbh Quote Link to comment Share on other sites More sharing options...
N4L Posted March 25, 2020 Share Posted March 25, 2020 why was there a sharp dip today at 3:30 est? was it just the big boys pulling money out that they put in last week? Quote Link to comment Share on other sites More sharing options...
twslhs20 Posted March 25, 2020 Share Posted March 25, 2020 I may have asked this before so I apologize. What’s everyone’s favorite online platform for investing. A buddy said he had a code I could use to get some free stock on Robinhood. Which company I don’t know. Thinking about creating an account this weekend Quote Link to comment Share on other sites More sharing options...
LETSGOBROWNIES Posted March 25, 2020 Share Posted March 25, 2020 39 minutes ago, twslhs20 said: I may have asked this before so I apologize. What’s everyone’s favorite online platform for investing. A buddy said he had a code I could use to get some free stock on Robinhood. Which company I don’t know. Thinking about creating an account this weekend I use fidelity which is who may employer uses for 401k. It’s like 6 bucks a trade. Quote Link to comment Share on other sites More sharing options...
Dome Posted March 25, 2020 Share Posted March 25, 2020 1 hour ago, twslhs20 said: I may have asked this before so I apologize. What’s everyone’s favorite online platform for investing. A buddy said he had a code I could use to get some free stock on Robinhood. Which company I don’t know. Thinking about creating an account this weekend The free Robinhood stock is chosen randomly, you could luck out and get on worth a nice little chunk of change ($50 to a few hundred dollars I think) but most the free stocks are under $5. You can get the free stock on Robinhood and just let it sit or sell it and cash out even if you don’t plan on using the Robinhood app for anything else. would still recommend it for that. Quote Link to comment Share on other sites More sharing options...
LETSGOBROWNIES Posted March 26, 2020 Share Posted March 26, 2020 32 minutes ago, Dome said: The free Robinhood stock is chosen randomly, you could luck out and get on worth a nice little chunk of change ($50 to a few hundred dollars I think) but most the free stocks are under $5. You can get the free stock on Robinhood and just let it sit or sell it and cash out even if you don’t plan on using the Robinhood app for anything else. would still recommend it for that. Don’t know a thing about robinhood, but most stocks under $5 aren’t typically a safe investment, but rather speculative as hell. Stick with the blue chips or, better yet, an index fund unless you really know what you’re doing or just want to roll the dice a bit with smaller amounts of money. Quote Link to comment Share on other sites More sharing options...
Dome Posted March 26, 2020 Share Posted March 26, 2020 (edited) 2 minutes ago, LETSGOBROWNIES said: Don’t know a thing about robinhood, but most stocks under $5 aren’t typically a safe investment, but rather speculative as hell. Stick with the blue chips or, better yet, an index fund unless you really know what you’re doing or just want to roll the dice a bit with smaller amounts of money. I mean they just give you the stock for free when you sign up, then you can cash out if you want and they’ll send that $4 to your PayPal or something so it’s pretty safe. I’m not suggesting he start buying $5 stocks Edited March 26, 2020 by Dome Quote Link to comment Share on other sites More sharing options...
LETSGOBROWNIES Posted March 26, 2020 Share Posted March 26, 2020 Just now, Dome said: I mean they just give you the stock for free when you sign up, then you cash out so it’s pretty safe. Ah ok. Quote Link to comment Share on other sites More sharing options...
MikeT14 Posted March 26, 2020 Share Posted March 26, 2020 Sorta off topic but I didn't see a better thread for it. This refund check possibly coming to us. It's just an advance on our 2020 tax returns? We'll "owe" it back. It's not just money we're being given? Quote Link to comment Share on other sites More sharing options...
LETSGOBROWNIES Posted March 26, 2020 Share Posted March 26, 2020 20 minutes ago, MikeT14 said: Sorta off topic but I didn't see a better thread for it. This refund check possibly coming to us. It's just an advance on our 2020 tax returns? We'll "owe" it back. It's not just money we're being given? I haven’t seen anything like that. It’s free money, fresh off the printing press. 1 Quote Link to comment Share on other sites More sharing options...
MWil23 Posted March 26, 2020 Share Posted March 26, 2020 34 minutes ago, MikeT14 said: Sorta off topic but I didn't see a better thread for it. This refund check possibly coming to us. It's just an advance on our 2020 tax returns? We'll "owe" it back. It's not just money we're being given? No, you'll just have to claim it on your 2020 return as taxable income. 1 Quote Link to comment Share on other sites More sharing options...
Slateman Posted March 26, 2020 Share Posted March 26, 2020 Market will tank when the jobs report comes out. Quote Link to comment Share on other sites More sharing options...
twslhs20 Posted March 26, 2020 Share Posted March 26, 2020 4 hours ago, LETSGOBROWNIES said: Don’t know a thing about robinhood, but most stocks under $5 aren’t typically a safe investment, but rather speculative as hell. Stick with the blue chips or, better yet, an index fund unless you really know what you’re doing or just want to roll the dice a bit with smaller amounts of money. was my plan. Mostly ETFs and some single companies. Was going to start out with a grand and see how it goes. Quote Link to comment Share on other sites More sharing options...
N4L Posted March 26, 2020 Share Posted March 26, 2020 7 hours ago, twslhs20 said: I may have asked this before so I apologize. What’s everyone’s favorite online platform for investing. A buddy said he had a code I could use to get some free stock on Robinhood. Which company I don’t know. Thinking about creating an account this weekend I use Robinhood for my personal stuff. The other accounts I have are retirement accounts or other accounts with mutual funds that I don't buy/sell anything, since the funds themselves automatically do that for me. Robinhood is great for small trades and beginners. No $7 commission helps when you buy $100-500 worth or something. Go ahead and pull the trigger with that account. The first 1k you deposit comes in immediately, which is nice Quote Link to comment Share on other sites More sharing options...
N4L Posted March 26, 2020 Share Posted March 26, 2020 2 hours ago, Slateman said: Market will tank when the jobs report comes out. Everyone already knows the number will be bad, so I don't necessarily agree It's about the expectation vs reality. If it's expected to be bad, then that's already baked into the market place Quote Link to comment Share on other sites More sharing options...
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