[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

What do do with a couple grand

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 16
Thread images: 3

File: image.jpg (109KB, 1170x659px) Image search: [Google]
image.jpg
109KB, 1170x659px
Got a couple grand to play around with. Was gonna purchase some shares in smith and Wesson but was wondering what biz tards would reccomend
>>
>>1456391
Download robinhood
Install
Invest
Rinse
Repeat

It's that easy. I also suggest penny stocks. Volatile, but can easily be cornered and shifted for profit.
>>
>>1456391
S&W is too risky. Guns are a cyclical industry. People don't have $500+ to shell out in recessions on guns.
>>
>>1456404
Could you go a little more in depth here? I'm a finance major but a total noob
>>
>>1456445
Sure.

Download robinhood from the googleplay or apple store
Install the application
Put money into the app, it is a real trading app so it needs some information from you, including banking
Use your major to determine the best stocks to look into, buy low, sell high, basics
Invest in said stock
Sell high when desired, wait for money to clear, buy more stock, sell when desired, repeat as needed

I'm not going to tell you what to invest in, you need to do your own research, but investing isn't hard. NYSE opens at 9:30 EST Mon-Fri, I suggest being up a couple hours before then, doing your research, getting a few stocks on screen, waiting for them to crash as aftermarket trades go through, buy low, sell when they rebound. Just be careful.

It's that easy. I suggest penny stocks.
>>
>>1456464
>>1456464
sounds half decent until you read that last sentence
>>
>>1456464
penny stocks are garbage you freshman
and sometimes stocks go even higher when they reach their blazed point.
>>
>>1456522
I'm not really interested in penny stocks I'd rather work with something less volatile
>>
>>1456573
That's understandable, but I keep all my stocks under $5 a share.
>>
Don't invest in penny stocks. Those are retarded.

Look in Vanguard ETFs. I have a hard-on for VYM. VYM is a bunch of stock combined, with a focus on mid-size stocks that can grow + mid and large stocks that give dividends.

If you just put all your money in VYM, that will be fine.
>>
>>1456391
invest in $KNPD
>>
>>1456391
fuck the haters invest in based s&w
>>
>>1456391
With only a couple grand, I'm honestly surprised nobody has recommended BTC.

Why? I thought it was going to go to the moon.
>>
File: 1470352299504.jpg (88KB, 750x747px) Image search: [Google]
1470352299504.jpg
88KB, 750x747px
>>1457083
OP don't jinx your thread.
>>
File: 1469664921618.jpg (45KB, 740x721px) Image search: [Google]
1469664921618.jpg
45KB, 740x721px
>>1457116
>Not having btc
>>
>>1456589
how much have you made from penny stocks?
Thread posts: 16
Thread images: 3


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.