Does anyone own any stocks or know about them?

I’m considering in purchasing some stocks, does anyone know what to look for when purchasing?

I know about soup stocks. :joy:

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Dow Jones fell 1,000+ points today. It’s quite volatile at the moment. You have to have the funds to purchase good stocks meaning well over $100,000. If you only have say $10,000… don’t get into stocks because you can’t buy the good ones. Usually investors purchase 1,000 shares at a time. Some analysts look at Price-to-Earnings ratio, Dividend yield, 52 week high/low…Some others use charts like candlestick or trend analysis. Get used to knowing ticker symbols like MSFT, BA, AMZN, AAPL, INTC, GE, F etc, etc…

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Like he said the stocks are currently falling especially crypto currency really bad. I think bitcoin has lost over 60% of it’s value in just a few weeks. So right now is not the time to invest until the correction or possible crash is over. So just wait and follow the market and news

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It’s currently a sellers market and the dip in NYSE may only be temporary so we have to wait and see how the week goes. Unemployment is down, corporate taxes are down and manufacturing is up which doesn’t seem to point to a bear market like the 2008 financial crisis.

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Yeah, probably just a minor correction or just a dip. But crypto currency is falling badly!

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Yeah, at it’s peak was like $13,000… now it’s at $8,000 if I remember correctly.

Bitcoin peaked at nearly 20,000$ and is now like at 7,100$

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Talk to an investment professional about investing. Or better yet, talk to 2 or 3 to get different perspectives on investing.

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I heard the company developing that new type of insulin is going to skyrocket once the medicine hits the european market

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I used to own a couple of stocks a long time ago.
Playing with the stock market is risky business.
Its not worth risking bankruptcy.

Instead see a financial advisor and invest in mutual funds.
It’s less risky.

Or better yet, save your money.

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yeah I finally have some money saved and was thinking about investing… I thought since I am still young metals (silver) might be a good bet…I thought i’d wait for a inflation in commodities then sell…I really don’t know what to do with my few thousands?

Look at P/E ratios. They should be under 15. Look at profit margins. They should be high. Look at Return on equities. They should be 15 and over. Look at the debt of the companies. They should have little to no debt. Look at cash flow. It should be high. Use www.tdameritrade.com to buy and sell stocks. They make it very simple to understand the values of individual stocks.

I suggest you buy the books: Buffetology, by Mary Buffett, and The Buffettology Workbook, by Mary Buffett and David Clark. You will get a sound investment education.

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Dow Jones has had its 2nd plunge of 1,000 points today. Is a recession in the midst?!?!

No, I don’t believe so.

The indicators you previously mentioned (low unemployment, rising wages, corporate taxes down, manufacturing up) are going to spur excessive economic growth, which will result in inflation.

In an attempt to reign in inflation and slow down economic growth, the Fed Reserve, which has a new Chair in Powell, will raise the Prime Rate (currently 4.5%). Unlike Yellen, Powell is a question mark. He may raise the Prime to 5% for all we know.

This is what’s causing the stock sell-off.

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@kindness There are financial analysts saying that this is a market correction but you have to admit these are the 2 largest declines of the Dow Jones Industrial Average ever! 1,000 points each!

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@anon35453467

Wouldn’t it be more accurate to go by % change lost than number of points lost?

@kindness Both ways either points or percentage, the Dow Jones has lost a lot.

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@anon35453467

Yes, you make a good point.

Hey, let’s buy some bonds!

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