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/biz/ - Business & Finance

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17685552 No.17685552 [Reply] [Original]

>brother told me buy stock 1/15/20
>3k into acorn
>make 100 in a week
>woohoo
>put in 10k
>last 2 days lost 2500

do I pull everything out as soon as the market opens or leave it in?

>> No.17685579
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17685579

>acorn
Oh sweaty

>> No.17685585

>>17685552
buy high sell low

>> No.17685589

>>17685552
Stocks are in 2018 crypto mode now

Sell bounces as they ebb out, then take your L and stay away or figure out how shit works and short bounces

You're not gonna make easy money buying and holding anymore unless you are exceptionally lucky, in which case you should go play the lottery instead

>> No.17685605

>>17685552
u dun goofing boy, u hodl now.

>> No.17685766
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17685766

>>17685605
so take nothing out? buy more?

>>17685589
should i just start buying and selling stock with this can I make good money right now?

>>17685585
That's not how it works though?

>> No.17685777

>>17685766
How are you down 25 pct,,,

>> No.17685801

>>17685777
checked

I just put it in the s&p thats what he told me to do.

>> No.17686335
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17686335

>>17685552

OP investment strategy:
>be OP
>zero research, zero knowledge
>bigbro hurrdurrs about stocks
>shove 3k
>opportunity to cash out 3.1k in a week
>decide to become an hero
>shove in extra 10k because -hey!- it's raining money for no literal reason
>AAAAAAAAAAAAAAAAAAA.jpg
>find out it'll take three years to recover a couple days
>find out "investment" equals to "risky"
>find out Acorn didn't benefit your money, because financial shit has literally no connection with economy and industry and production and jobs

>> No.17686367

>>17685552
Do not sell!
Hold and buy the huge dip next week. In one your you will have tripled your money.

>> No.17686675

>>17686335
its alright I think im only at -2182 now

I think I'm going to sell and buy oil
https://finance.yahoo.com/quote/CL=F?p=CL=F

its like way below what its ever been, oils not dead yet right?

>> No.17686695

>>17686675
anon...

>> No.17686730

>>17686675
If not larping consider killing yourself.

>> No.17686771

>>17686695
I know right I'm on to something, oil never goes down,

>>17686730
>implying all of this year hasn't been a larp leading up to best global April fools

>> No.17686820
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17686820

>>17686675
>buy oil
OMG, every big car manufacturer is hurrdurring about electric cars, not counting the worldwide greenwashing hysteria, and you want to buy oil.

As usual a good investment is the one noone can predict. Like, buying face masks before the pandemy. Buying BTC when everyone is still CPU-mining it. Buying Apple stocks when it's still selling crappy 8-bit computers.

>> No.17686841

>>17686820
electric cars are made of oil, so are the electricity that comes to the car itself.

youre a brainlet.

>> No.17687037

>>17685552
acorn>my sweet sweet summerchild

>> No.17687089
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17687089

>>17686675
Not sure if retard or LARP, but everything you have written so far is so stupid I will try and help you out. Everybody else is going to just point and laugh.
You bought at the wrong time. Do you want to lock in those losses or can you hold and get initial investment back. If you are going looking for a long-term investment (5-30 years) you will be fine. If you are going to need that money, wait for the first dead cat bounce of the fed injecting money and sell. Now is not a good time to reinvest in oil.. Saudis and Russia are in a war and US oil industry is who will suffer. That just started, so nobody with an ounce of common Sense would go anywhere near oil/gas until it bottoms out.