ABW Stock Exchange: All Things Investing

Dwade206 said:
Drop some quotes
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In response to several questions from shareholders, Buffett advised the average investor to buy index funds that hold the S&P 500. He noted that "it's very unusual" for a money manager to beat the market, and that "the money is in selling" people on these slim hopes.

Importance of the FDIC
Buffett described the FDIC as "a mutual insurance company of the banks backed by the federal government," and noted that it has not lost a penny of taxpayer money over its history, since it is funded by assessments on the banks. He opined that the Great Depression probably would have been much shorter and less severe if the FDIC, which he believes to be the most important New Deal program, had been created earlier. He noted that over 4,000 banks failed in the early years of the Depression, which wiped out vast numbers of people's savings, and "scarred their memories" for decades to come.
 
you guys really got to watch the news.

i been seeing stocks jump like 80% on news of mergers or some positive about a company.

today stemlin (stml) went up 154% off of this news.

seekingalpha.com

Stemline rockets 151% premarket on Menarini bid (NASDAQ:STML)

Privately held Menarini Group has agreed to acquire Stemline Therapeutics (NASDAQ:STML) for $12.50 per share, consisting of $11.50 in cash plus one...
seekingalpha.com seekingalpha.com

closed friday at $4 and today its at $12

shits crazy.

last week discb
at $34
then something about them potentially merging with Virgin

it jumps to $93


liberty global (lbtyb)
$21 to $55

the deals are out there and they are risky ...very risky.....but catch the right one and you can make some money.

but i highly advise to follow value investing after all this settles....or develop an investing strategy.
 
Inori said:


@DOS_patos
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yea...i been reading that.

shit is fucked up.

and its crazy because the company gets crazy benefits already so they can foot the bill to get more people and protective gear for people and even pay hazard pay.

i gotta find my research .....i did a study on them as a company.
 
Lol my stocks were looking BAD the other day. I have something like 750 invested in different things, portfolio value was down to 698. Thought we were in the second great depression. Better today though lol
 
So I made an $1000 investment officially into the market about a week ago. These are my current positions:

3 shares of INSG @ $11.14
3 shares of DIS (Disney) @ $109.45,
4 shares of SWPPX @44.80, spent $200, Schwab Index Fund
5 shares of WFC (Wells Fargo) @ $29.27
6 shares of XOM (ExxonMobil) @ $47.56

I'm still learning, by reading this thread and Sion's thread on investing in the stock market. I was anxious to get my feet wet so here I am lol. Also, I finally got around to buying Benjamin Graham's The Intelligent Investor, Invest like Warren Buffet by Matthew R. Kratter (it was free lol) and Christopher H. Browne's Little Book of Value Investing, as part of the Big Profit Series. There's like 30 of these books and I plan on reading all of 'em.

In the meantime, is these investments cool or no? Thanks for all the advice @Sion and @DOS_patos, still trying to figure it all out.
 
Sion said:
My man !!! All amazing pick ups. I would recommend reading The Little Book of Value Investing before reading The Intelligent Investor. It basically condenses the intelligent investor plus it's the shortest book to read of the bunch. It will elevate your game significantly.
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Excellent!, great to hear bro, you've helped many thanks to your advice, you're always appreciated by me, thanks. I'll start with The Little Book of Value Investing first, take some notes then move to the rest.
 
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Hiram said:
So I made an $1000 investment officially into the market about a week ago. These are my current positions:

3 shares of INSG @ $11.14
3 shares of DIS (Disney) @ $109.45,
4 shares of SWPPX @44.80, spent $200, Schwab Index Fund
5 shares of WFC (Wells Fargo) @ $29.27
6 shares of XOM (ExxonMobil) @ $47.56

I'm still learning, by reading this thread and Sion's thread on investing in the stock market. I was anxious to get my feet wet so here I am lol. Also, I finally got around to buying Benjamin Graham's The Intelligent Investor, Invest like Warren Buffet by Matthew R. Kratter (it was free lol) and Christopher H. Browne's Little Book of Value Investing, as part of the Big Profit Series. There's like 30 of these books and I plan on reading all of 'em.

In the meantime, is these investments cool or no? Thanks for all the advice @Sion and @DOS_patos, still trying to figure it all out.
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My Dad 2wks ago put me on to buying Exxon stock. He use to work at one of their plants, and told me they're good stock. Bought me a couple of shares after that convo.

FINALLY was ready to start buying stocks. Here's the list of the ones I bought so far...

AAL (American Airlines)...3 shares
CCL (Carnival)...4 shares
DAL (Delta)...3
GE...5 shares
GPRO (GoPro)...10 shares
INO (Inovio Pharmaceutical)...8 shares
MRNA (Moderna Inc)...3 shares
NCLH (Norwegian Cruise)...3 shares
NVS (Novartis)...2 shares
PTE (Polarityte Inc)...20 shares
RCL (Royal Caribbean)...3 shares
WWE...3 shares
XOM (Exxon Mobile)...3 shares

Any tips for this rookie from the Gods of Investments @Sion and @DOS_patos?
 
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IP360 said:
My Dad 2wks ago put me on to buying Exxon stock. He use to work at one of their plants, and told me they're good stock. Bought me a couple of shares after that convo.

FINALLY was ready to start buying stocks. Here's the list of the ones I bought so far...

AAL (American Airlines)...3 shares
CCL (Carnival)...4 shares
DAL (Delta)...3
GE...5 shares
GPRO (GoPro)...10 shares
INO (Inovio Pharmaceutical)...8 shares
MRNA (Moderna Inc)...3 shares
NCLH (Norwegian Cruise)...3 shares
NVS (Novartis)...2 shares
PTE (Polarityte Inc)...20 shares
RCL (Royal Caribbean)...3 shares
WWE...3 shares
XOM (Exxon Mobile)...3 shares

Any tips for this rookie from the Gods of Investments @Sion and @DOS_patos?
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i have no problem with any of those.

only because of where we are within the market.

6 months ago would be a different story.

this is a time to grab on discount.
 
Sion said:
Sorry I been away yall, took a break from things. I will break down each of these soon.
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yall see what happens when you got a fine lady on your hands?

the homie forgets about us on the low end of the totem.

we forgive you....but damn...send a nigga a text about capital gains tax in the UK every once in a while.

is that asking too much?

sheesh

lol
 
Dwade206 said:
Fed pumping money into it, probably. It’ll be back down shortly
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No amount of fed pumping money into the market should have it up when you look at the news for the last 2 weeks.

1. The US econony shrank 4%.
2. A ton of major companies all showed historic losses
3. Corona virus news isnt good
4. Oil cant make a susbstantial recovery
5. The most jobless claims in history

All of this news came out back to back in the last 2 weeks, and im sure im missing a few. No matter how much fed funding, the market should be in a nose dive, but its actually positive by a good margin over these 2 weeks.

Im not mad at it. We all making money.

It just goes to show that the whole stock market is a scam. Its impossible to lose money long term as long as you have a diverse portfolio.

Its a good thing. Just wild.
 
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AZTG said:
Seeing the market go up when there is day after day of bad new economically shows me that its actually impossible to understand the stock market.
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thats why i say ......its just whatever right now.

good company bad company

nothing.

just try to keep up with the news and grab shit on the cheap.
 
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