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/biz/ - Business & Finance


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8285652 No.8285652 [Reply] [Original]

Two weeks ago I bought stocks for the first time. I heard you get 10% a year on average from stocks. I thought I would get $4,000 by December. Is this normal?

>> No.8285690

>>8285652
It's a bull trap for the upcoming crash

>> No.8285700

>>8285652

More memes in your portfolio than on /biz/'s catalog.

Wew lad.

>> No.8285702

>>8285690
this. look at the dow jones. it's the meme bubble chart.

>> No.8285715

>>8285652
It’s the new normal!

>> No.8285730

>>8285690
Good luck op take your profits now (srs).

>Trade wars are good

>> No.8285748

>>8285652
>Tesla, Netflix, Twitter, Facebook

Haha I can see you took a good look in the books. It's not like you invested in sth because you like the product, is it Anon?

>> No.8285753

>>8285652
dow joans bubble youre at the top...ull soon lose all

>> No.8285778

How can you tell if something is in a bubble?
Sorry I am illiterate. I just picked whatever big companies were recommended on the app or I can think of or use
Do you guys have portfolios? Is it normal to get thousands a month doing nothing?

>> No.8285801

>>8285730
Don’t i have to pay 30% in capital gains taxes for cashing out without holding for a year? What would I invest the money I cash out into?

>> No.8285812

>>8285778

When you invest in memes, anything is possible.

Praise kek.

>> No.8285824

>>8285778
No, it's not normal but it's just a hossa. I managed 78% return last year with pretty popular stocks.

But I get nervous now. Thinking of cashing out.

>> No.8285837

>>8285652
Why'd you choose to deposit $40,100 into your account?

>> No.8285852

>>8285652
Key word is average. Could be 40%, could be -40%.

>> No.8285870

>>8285824
What the fuck?! 78%? What did you invest in?
I have never invested before. 50% of normies don’t own stock - including all my friends. Is this some secret club where you get money doing nothing?

>> No.8285883

>>8285837
I inherited it. before I’d usually have around $1k in my banking account so I never thought about investing.

>> No.8285911

>>8285652
This is normal. The 10% statistic is averaged out over time so some years you'll do better, some years you'll do worse. Overall you'll end up around 10% holding a diversified snapshot of the market but there's always the chance of doing better or worse.

>> No.8285914

I don’t know if anyone is still reading this but 2k is basically my moms monthly salary, so it blows my mind that I am getting this income from thin air.

>> No.8285946

You’re invested in one of the biggest equities bull runs in history. Even newbies like you can make crazy % gains from just buying and holding. Don’t get dumped on

>> No.8285956

>>8285946
What do you mean don’t get dumped on?

>> No.8286039

>>8285956
Do you know what happened to Bitcoin from November to January? You're at the end of December.

>> No.8286070
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8286070

>>8286039
Oh shite! how can you tell if something is in a bubble? I’m just now googling it but there’s no news saying the bull run is about to end. I thought stocks are just something you set and forget and come back at the end of the year to this.

>> No.8286133

>>8285778
>I just picked whatever big companies were recommended on the app or I can think of or use
Tfw this is how bubbles form

>> No.8286222

> reads cnbc finance

>> No.8286253

>>8285870 amazon, nvidia, amd, tsla, Google, Microsoft, IBM and apple
Shuffling the % every other month
Got out of Tesla and amd though after the crazy run earlier last year

>> No.8286299

>>8286070
>Anime
Hope you lose it all

>> No.8286408

>>8286070
I’m not an investor at all and pale at the thought of investing in companies that I morally disagree with; BUT, your go-to about these answers should be trends and politics. I mean, look, if everything is going up, and Trump is recklessly advocating a trade war, it sounds like a bull run, it sounds unsustainable.
But no-one’s gonna make your mind up for you.

>tfw watching a documentary in which it’s explained how IBM supplied the Nazis with punch cards for their concentration camps

>> No.8286671

>>8286408
>>tfw watching a documentary in which it’s explained how IBM supplied the Nazis with punch cards for their concentration camps
Who cares? Those people that made that decision are no longer there.

>> No.8286726

>>8286253
Thanks for this response anon. It made me see stocks in a different way than before. I feel like I have too much of a normie mindset towards this