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/biz/ - Business & Finance

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16431647 No.16431647 [Reply] [Original]

Convince me why going into stocks or bonds is profitable if you have less than $20K to invest. As I see it’s not at all profitable and a waste of time with low yield. I also feel that everything is at the top and would go down if you invested alongside your money. You also have to pay $10 fees per transaction and quarterly fees on a direct investing account. It doesn’t seem rationale to me to go in atm. Also I don’t see the logic in putting your cash in a savings account with low interest rates plus the chance of your bank getting wiped out and taking your savings along with it.

>> No.16431658

>>16431647
>You also have to pay $10 fees per transaction and quarterly fees on a direct investing account.
Robinhood
>Also I don’t see the logic in putting your cash in a savings account with low interest rates plus the chance of your bank getting wiped out and taking your savings along with it.
Learn what an FDIC insured account is. You get better yields these days off USDC on coinbase though.

>> No.16431691

>>16431658
>robinhood
You have to trade and can’t stay inactive or you get charged a fee. Also most millennials and zoomies on robin hood are losing money because they’re retarded. It’s just funny trusting a random online brokerage rather than a bank unironically.

>FDIC
We don’t have that here in Canada. Only deposit accounts are insured I think.

>> No.16431701

You are completely right.

Stocks are a fix to keep anyone without pre-existing significant capital from participating, and anyone without inside info from succeeding.

Look at hedge fund returns, these guys are supposed to be the brightest on Earth, and even they can't match the S&P.

Accept now that everytime someone posts a chart with some fancy lines on it, they are just as well informed as people who post "WINNING LOTTO SYSTEM, HOW TO PICK WINNING NUMBERS" videos on YouTube.

>> No.16431710
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16431710

>>16431647
>As I see it’s not at all profitable and a waste of time with low yield
pretty much. REITS and div stocks are the only value in traditional markets

chase pump and dumps with me on catex

https://www.catex.io/register/69712880

>> No.16431725

>>16431701
>Stocks are a fix to keep anyone without pre-existing significant capital from participating, and anyone without inside info from succeeding.
>Look at hedge fund returns, these guys are supposed to be the brightest on Earth, and even they can't match the S&P.
pretty much
Buybacks and corporate welfare have made indexes out perform any system.

>> No.16431784

>>16431725
So why not just invest in index funds?

>> No.16431785

>>16431710
But real estate is a racket and div stocks don’t give good yields.

>> No.16431799

>>16431691
There's no inactivity fee on Robinhood.

>> No.16431879

>>16431647
What makes you think you will make any significant profit if you only invest a flat amount of money?

>> No.16432124

>>16431879
Yields are more impressive if you invest a larger sum.

>> No.16432194
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16432194

>>16431647
DYOR retard.

You can be profitable investing in stocks with only $50 if you know what you're doing. Bonds aren't worth a fuck however, if you don't have at least 100k.

>> No.16432235

>>16432194
>Posted by The Penny Trading Guru, buy my new book Chasing 4Chan Pumps on Amazon today!

>> No.16432244

>>16432194
Nobody can make money with just $50 on the stock market retard. You’ll get wiped out by fees lol what a brainlet

>> No.16432313
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16432313

>>16431647
this is why

>> No.16432367
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16432367

>>16431647
You know how link went from 40 cents to $4 in 2 years? What if I told you some stocks go from 40 cents to $10 in 6 months

>> No.16432379

>>16431784
Boring, they offer certain long term profit but it's more exciting doing stocks because green days offer dopamine. Basically it's like gambling except you can do some research and it's less risky of you don't use meme /biz/ stocks

>> No.16432396

>>16431647
>Convince me why going into stocks or bonds is profitable if you have less than $20K to invest.
that's what i said when i thought $1k in AMD at $2 wasn't worth it because i didn't have thousands of dollars

nope, im a fucking idiot and so are you