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>been saving up for afew weeks so I can invest money >finally

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File: Screenshot_2016-10-13-14-35-24.png (51KB, 540x960px) Image search: [Google]
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>been saving up for afew weeks so I can invest money
>finally put my first 100$ in this morning based on biz advice
>already lost money
The market is nothing but a meme
Pic related
>>
File: Screenshot_2016-10-13-14-35-50.png (57KB, 540x960px) Image search: [Google]
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This is my portfolio
Roast me
>>
You should have dropped that money into one share of Disney and one share of JC Penney. Disney would net you $20 by the end of the year. JC Penny might be total shit, but it's only $8 per share and apparently it's going to turn things around.
>>
>>1564540
Portfolios arnt judged on one day. Try one year at the least. Daytrading is different but you dont have the capital to squeeze profit out of volume
>>
>>1564540

I'm in a similar boat too.

Put down two thousand on a petroleum extraction and production company that just had an IPO a couple days ago. They slipped a little bit today and I'm already freaking.

For my sanity, think I just need to delete the Vanguard app and only once a few times a year.

http://www.wsj.com/articles/first-oil-gas-ipo-in-2-years-is-winner-1476307444
>>
>>1564704
It's often a bad idea to invest into an IPO on day one. Try to wait at least 6 months until the market properly values the company and the share price stabilises.

As i understand it, IPOs are designed to make maximum money for the company owners and the investment bankers advising them. Their aim is to offload the stock from the financiers to the retail market quickly. If the shares are overvalued, they make more money.

Keep up to date with company news and how it affects the share price. But don't panic and sell out unless the underlying reasons for making your investment have changed.

It's a long game, aim to hold for 5 years+.
>>
>>1564545

dat 1 share.
Thread posts: 7
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