Check out RLFTF it a cure for covid. Only cause I love you guys

[ehb5]

I think you are thinking way too big here. The hope is this penny stock can get to $2-$3 possibly more. I mean that isn't out of the question but it's going to be some time with them working on trial runs, for now it's just fluctuating back and forth at a steady pace. This is a stock you hold on to for months to see if you can get a decent profit...this isn't going to get you rich.

So then why buy it? There are a lot of safer places to put your money than penny stocks that will give you a decent profit.

 

[SmokingMonkey]

So then why buy it? There are a lot of safer places to put your money than penny stocks that will give you a decent profit.

that's what the other 98% of my retirement investments are for!

 

[SmokingMonkey]

in all seriousness though, if you are still working and not close to retirement, a small portion of your investments should be in high risk/high reward vehicles

obviously not where you put the bulk

 

[ehb5]

in all seriousness though, if you are still working and not close to retirement, a small portion of your investments should be in high risk/high reward vehicles

obviously not where you put the bulk

I think it's nearly impossible to outperform putting 100% of your non 'emergency fund' savings into a low fee index fund based on a mix of US and international stocks. I wouldn't put anything into something higher risk than that (but a lot of people would consider this risky in the first place and end up actually limiting their returns).

And yeah if you're comfortable losing the money and take 2% or some small amount to play around with it's not the end of the world (but I do believe it's more likely to hurt than to help).

 

[SmokingMonkey]

I think it's nearly impossible to outperform putting 100% of your non 'emergency fund' savings into a low fee index fund based on a mix of US and international stocks. I wouldn't put anything into something higher risk than that (but a lot of people would consider this risky in the first place and end up actually limiting their returns).

And yeah if you're comfortable losing the money and take 2% or some small amount to play around with it's not the end of the world (but I do believe it's more likely to hurt than to help).

100% agreement.

I've been a gambler since about 8 or 9yrs old, between NCAA brackets, poker, and chess (yes, my brothers and I used to bet on chess, HAHAHA), which eventually led into football pools, fantasy football, online poker, the horse track, weekly NFL action, and trips to the casino.

When I put it that way, I seem like a degenerate!

It is ingrained in my behavior be a bit less risk averse than what common sense tells ya, but I still have the self control to not lose the farm.

Lots of people don't.

 

[gob]

100% agreement.

I've been a gambler since about 8 or 9yrs old, between NCAA brackets, poker, and chess (yes, my brothers and I used to bet on chess, HAHAHA), which eventually led into football pools, fantasy football, online poker, the horse track, weekly NFL action, and trips to the casino.

When I put it that way, I seem like a degenerate!

It is ingrained in my behavior be a bit less risk averse than what common sense tells ya, but I still have the self control to not lose the farm.

Lots of people don't.

Yeah. Like you, I put the cat majority of my stuff in traditional investments, but I like playing around with a little. I've lost money. I've made money.

I don't track it the best, but I think I'm at around 7% gain. That's with a couple thousand in high risk/reward investments though (mainly this and pot), so we'll see.

 

[SmokingMonkey]

Yeah. Like you, I put the cat majority of my stuff in traditional investments, but I like playing around with a little. I've lost money. I've made money.

I don't track it the best, but I think I'm at around 7% gain. That's with a couple thousand in high risk/reward investments though (mainly this and pot), so we'll see.

**not touting any specific stocks or claiming any political allegiance here, just explaining my thought process/strategy**

I'm getting into a bunch of various cheap alternative energy stocks and pot stocks in case the Dems win big this NOV

I'm also getting into a few different traditional oil/energy stocks and some pharmaceuticals, in case Repubs hold it down

always diversify and hedge your bets!

 

[gob]

**not touting any specific stocks or claiming any political allegiance here, just explaining my thought process/strategy**

I'm getting into a bunch of various cheap alternative energy stocks and pot stocks in case the Dems win big this NOV

I'm also getting into a few different traditional oil/energy stocks and some pharmaceuticals, in case Repubs hold it down

always diversify and hedge your bets!

Some oil stocks are still good investments in general. I've got Exxon and some midstream stuff (Hess and Enterprise - those dividends alone are about 10% of my initial investment)

 

[SmokingMonkey]

Some oil stocks are still good investments in general. I've got Exxon and some midstream stuff (Hess and Enterprise - those dividends alone are about 10% of my initial investment)

Exxon is the one I'm looking to get a small position in, as well as increase my position in Chevron. I'm totally new to all of this, as I've never actively managed my money, always let my financial advisor handle things for me. But when we got the stimulus check AND I got my work bonus around the same time that the market crashed this spring, I figured what the hell, let's give it a try.

I'm taking an online course through TD Ameritrade soon, and I've recently bought The Intelligent Investor and will start reading and learning. As much as I hate sports being canceled, shifting focus was probably a very good thing for my long-term goal of financial independence.

 

[gob]

Exxon is the one I'm looking to get a small position in, as well as increase my position in Chevron. I'm totally new to all of this, as I've never actively managed my money, always let my financial advisor handle things for me. But when we got the stimulus check AND I got my work bonus around the same time that the market crashed this spring, I figured what the hell, let's give it a try.

I'm taking an online course through TD Ameritrade soon, and I've recently bought The Intelligent Investor and will start reading and learning. As much as I hate sports being canceled, shifting focus was probably a very good thing for my long-term goal of financial independence.

In regards to overall financial advice, I've liked "The Money Guy" podcast.

 

[SmokingMonkey]

In regards to overall financial advice, I've liked "The Money Guy" podcast.

will have to give that one a listen, I haven't really gotten into the 'podcast craze' yet, and realize that I'm missing out there. But I was also the guy in the early 2000s that thought texting was just a fad. Like, why would you text someone when you could just call them? apparently calling people was the fad, lol.

felt like I did things conservatively and smart this spring, took half of what I wanted to invest and put it into 2 index funds. made sure that they had specific stocks that I knew I couldn't afford areal stake in, but wanted to get - Amazon, Apple, Microsoft, etc, the big boys.

The put the other half into Chevron and Disney - got into Disney when it dipped below $100, and its pretty much been on fire since May, back up over $130 recently. They even released earnings report showing that they lost like 3.5-4 BILLION due to the pandemic, and their stock price immediately jumped $10.....makes no damn sense, lol

 

[Bullitt08]

Sounds like what I would call a classic pump and dump. High volume, rapid rise and soon the bubble will pop.

Did this with a company called BICO; Bio Control Technology. They supposedly had a non invasive blood sugar monitor. Volume was more the the four big techs combined. Got several customers to buy 10,000 shares at a nickel a share spending $500 sold about a year later at $1.00 a share netting $9,500. One customer had bought $5,000 worth but would not sell. Said he was waiting for $5 a share.

Two months later a quarter a share and 6 months later 3 cents. Today worthless.

 

[Shanemansj13]

Sounds like what I would call a classic pump and dump. High volume, rapid rise and soon the bubble will pop.

Did this with a company called BICO; Bio Control Technology. They supposedly had a non invasive blood sugar monitor. Volume was more the the four big techs combined. Got several customers to buy 10,000 shares at a nickel a share spending $500 sold about a year later at $1.00 a share netting $9,500. One customer had bought $5,000 worth but would not sell. Said he was waiting for $5 a share.

Two months later a quarter a share and 6 months later 3 cents. Today worthless.

Yep if this does jump up, just take the win and don’t look back. Don’t get too greedy

 

[tlance]

Yep if this does jump up, just take the win and don’t look back. Don’t get too greedy

You can always quickly sell half your positions when it goes up a decent bit, then hold the rest in case it goes way up.

 

[Shanemansj13]

You can always quickly sell half your positions when it goes up a decent bit, then hold the rest in case it goes way up.

Yeah which isn't a bad option. Just $50 per sell, since it's foreign

 

[SteelersPride]

https://www.cnn.com/politics/live-news/trump-coronavirus-positive/index.html

This isn’t your stuff is it? If not, couldn’t this publicity bite yours? If it’s yours! Bingo! You could blow up

 

[HaroldSeattle]

 

[Barilko]

View attachment 258249

so i think our Footy made 8 grand or so on those shares in 3 months or so

 

[HaroldSeattle]

so i think our Footy made 8 grand or so on those shares in 3 months or so

Did he ? Hope so. I had the thought that he might of double down at a higher rate as it rose.

 

[Barilko]

Did he ? Hope so. I had the thought that he might of double down at a higher rate as it rose.

well i based that on his buy in August so who knows what he did since then....

 

[Shanemansj13]

View attachment 258249

CoVid isn't going anywhere anytime soon...still gotta wait and see on this one.

Comeback Time for Relief Therapeutics Holding AG (OTCMKTS: RLFTF): RLF-100 (aviptadil)

Relief Therapeutics Holding AG (OTCMKTS: RLFTF) is making a powerful move up the charts after a brief dip in recent days. The reversal on RLFTF comes as new coronavirus cases spike proving the virus is here to stay. At the same time results coming back from the Pfizer vaccine and Lilly Mab are...

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