Stocks Question

[Gronk]

Guys I want to drop some money on some stocks! Is the samsung stock going to go up when a new product drop? So if I buy now and sell 1-4 days after release of samsung s11. Am I going to profit off this?

 

[Gronk]

Probably yes but you never know.

Ok

 

[Ghast]

I say you put into Alphabet in April, a bit into Microsoft and all those stocks which constantly go up.

 

[Kuchy]

Stocks are not a simple "I'll give you $10 and you give me $50". You need to have money to invest and you need to ensure you're investing it properly. You need to watch the news and predict when the share price will go up so you can make the most profit. I don't watch Samsung so I can't give you insight on what it might do but you can essentially profit off of any company. Just how much is the question and that can't be answered by us. When you choose to buy and sell is how much profit you'll make. Unless you go all in on Samsung, you aren't going to make much off of it (which isn't very safe). The share price adapts to how many people are buying and selling and the news about the company. A lot of other factors affect the share price as well.

Stocks aren't a game nor should it ever be your primary income. You're gambling when you invest in stocks. Never be greedy with it. If you're up for a while and you're worried it might drop, sell some to make some profit and wait to see what will happen for the rest (or if you want to sell all go with that).

My current list I watch (doesn't mean I have it but I watch it):

Spoiler

- Google
- Disney
- Apple
- NVidia
- AMD
- Cisco
- Intel
- Exxon
- Microsoft
- Bank of America
- Twitter
- Netflix
- Tesla
- Boeing
- Delta
- American Airlines
- Uber
- Lyft
- Citizen's bank
- Amazon
- Nike
- Valero

I suggest starting with a practice app first that way you can get the feel of how the stock market works. I started with Best Brokers but there are others out there.

Buy low, sell high and be smart about it. Know when to buy and sell. This stuff takes time and patience. You aren't going to make money straight away.

 

[doodle]

Guys I want to drop some money on some stocks! Is the samsung stock going to go up when a new product drop? So if I buy now and sell 1-4 days after release of samsung s11. Am I going to profit off this?

How much do you plan to put in?

 

[Gronk]

How much do you plan to put in?

Not too much 4-7k

 

[doodle]

Not too much 4-7k

I advise researching more on stocks. As Kuchy said, it's really not that simple. Try practicing with MarketSim or another simulator app before actually investing as a safeguard. Plus, there's no guarantee, since you could easily deficit instead of profit.

 

[Gronk]

Stocks are not a simple "I'll give you $10 and you give me $50". You need to have money to invest and you need to ensure you're investing it properly. You need to watch the news and predict when the share price will go up so you can make the most profit. I don't watch Samsung so I can't give you insight on what it might do but you can essentially profit off of any company. Just how much is the question and that can't be answered by us. When you choose to buy and sell is how much profit you'll make. Unless you go all in on Samsung, you aren't going to make much off of it (which isn't very safe). The share price adapts to how many people are buying and selling and the news about the company. A lot of other factors affect the share price as well.

Stocks aren't a game nor should it ever be your primary income. You're gambling when you invest in stocks. Never be greedy with it. If you're up for a while and you're worried it might drop, sell some to make some profit and wait to see what will happen for the rest (or if you want to sell all go with that).

My current list I watch (doesn't mean I have it but I watch it):

Spoiler

- Google
- Disney
- Apple
- NVidia
- AMD
- Cisco
- Intel
- Exxon
- Microsoft
- Bank of America
- Twitter
- Netflix
- Tesla
- Boeing
- Delta
- American Airlines
- Uber
- Lyft
- Citizen's bank
- Amazon
- Nike
- Valero

I suggest starting with a practice app first that way you can get the feel of how the stock market works. I started with Best Brokers but there are others out there.

Buy low, sell high and be smart about it. Know when to buy and sell. This stuff takes time and patience. You aren't going to make money straight away.

Okay! Thank you. Thats also what my dad tells me. He invested 60k in a company in norway (he predicted that the company was going to profit and such) and then sold it for 140k+ 2.5 years after that 2014-2016 something. Thanl you for all the info!

 

[Gronk]

Considering you’ve got a decent amount of money I’d invest in something like property or a business. I think stuff like this is too risky, and if you’re willing to gamble 4-7k you should at least know what you’re doing. I don’t think Mc-market is the best place to ask either, there’s plenty of investment forums.

Okay Thank you! [DOUBLEPOST=1577548581][/DOUBLEPOST]

I advise researching more on stocks. As Kuchy said, it's really not that simple. Try practicing with MarketSim or another simulator app before actually investing as a safeguard. Plus, there's no guarantee, since you could easily deficit instead of profit.

Yeah, okay. Will download it rn!