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
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.
>>1457083
OP don't jinx your thread.
>>1457116
>Not having btc
>>1456589
how much have you made from penny stocks?