/biz/ - Business & Finance

No discernible reaction to tariff signing thus far

>>8209772
did Trump do his tariff shitpost already?

>>8209742
>tfw bough pepsi at $108

>>8209790
Happening right now.

https://www.youtube.com/watch?v=kTrK0ttJtYo

Who else /greenest day since January/ here?

Market off the highs but still green

CHINKS GETTING BFTO

>>8209839
Not greenest but it’s up there. I’ve done well so far buying dips on tariff fud.

>Vanguard FTSE All-World ex-U.S has been flat for half a year now
why are non-US equities so weak?

>>8209895
They don't have someone who knows how to win at the helm. Trump == gains. Never forget it. Volatility and gains. Both great for traders.

>>8209895
Because only the US create value

>>8209889
>>8209839
>>8209918

Last two days have been greener, BPMX going down to .3 today hurt me a little. AMRS, GCAP and Ford are treating me nicely right now.

300 bucks just freed up for me, what should i dump em on before closing time

>They think the FUD is over
>Hit the bid!

>>8209963
X

Fug

>>8209983
F is not a short term hold. Its not gonna recover for 5 years at least.

The (((betrayal))) is over

-t Pmurt

>CNN blocks out black guy
das racist

>>8209927
SPXL, MCD, AOI here.

Market very sideways, at least im not red.

idiots

>>8209998
I'm holding it. I'll dive back into AUY long term soon too. Day trading is tiring for me.

>>8209963
BPMX

Chinks and Poos getting Btfo

TRUUUUUUUUUUUUUUUMP !!!!!

>>8210060
why are so many anons shilling this

>>8210107
Because its good. Buy the dip, my dude

Oh sheeeeeeet, final 10 minute power rally, I guess people trying to lock in deals before we go to new all time highs.

lol ameifats will know what it is like being europoor and shit being expensive

>>8210115
>because it's good

If I followed that, I'd be broke. Whats the DD breh

This is the end of Dow's campaign!

>>8210131
It's a penny stock there isn't any DD. Also it's peaked, the ride is over.

>>8210107
I dunno, the coins just told me to stay the fuck away from that one.

Yes please crash, I'm riding TVIX to the moon

"Since I was a young boy, I have had this one thought:

#MAGA!!"

TRUUUUUUUUUUUUUUUUUMP !!!!!!

>>8209742

What episode of Louis was this..?

my fucking sides

NO THIS CANT BE HAPPENING

OH GOOOOOD

TRUUUMPPPPP

Any new memes?

>Your father is looking down on you he's very proud
>No, he's still alive

Brace yerselves lads

>>8210211
It already turned around in the time it took you to screencap and crop that fag. Be faster.

>>8210211
I am crying manly tears
But I was thinking to go short SPY, DOW and Nasdaq

how do I get in on this GCAP earnings call? I got some questions to ask them about the moon mission.

>>8210222
That guy wants the fucking pen back

>>8210248
RH has a link.
>>8210228
saved that rare merchant

>>8210248
Stocktwits coming through

>>8210294
StockTwats

>>Marketwatch: Stocks close lower on tariff plan

Did I miss something? Dow +94, S&P and NASDAQ +0.4%

Is EU going to actually react or pussy out? This will be the next paragraph in this chapter.

HUUUGE buys AH

>>8210310
wonder who could be behind that headline

>>8210355

>>8209839
Not yet but i've hit solid and apparently stable trend reversal on whole portfolio.

I've been looking for a new mining company meme after NAK has fallen out of favor.
What do you goys think of ALO?

Market is definitely complacent on the international reaction right now. Don't be surprised if the EU makes an announcement AH or early tomorrow.

Gain Capital (NYSE: GCAP) reported Q4 EPS of ($0.10), $0.03 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $69.7 million versus the consensus estimate of $72.8 million.

>>8210452
Wait for guidance

Anyone think Blue Apron will get wiped out?

I also have been looking into UEC - Uranium Energy Corp. Apparently Uranium prices have hit a decade low and could be on track to increase with nuclear energy possibly being more in demand again.

What you guys think NVDA will peak at this year?

>>8210248
Please say you are David Anon from SMG Investment Firm

>>8210427
unlikely as trump has yet to give specifics (surprise there...)

Alright, gents. How did you do today?

Literally what the fuck just happened? The aftermarket barely fucking opened.

Anon, I...

>>8210475
I wonder what happened to David. Maybe he actually listened when we told him to fuck off.

>>8210499
Earnings were off target. Way heavy handed selloffs this quarter, OLED did the same thing.

>>8210491
Not good, down about 2.2% today, could be better could be worse

BULLISH ON GAIN
They used Four Seasons by Vivaldi as the waiting music

>>8210499
>>8210517

See

>>8210452

GAIN NO NO NO YOU WERE SUPPOSED TO GIVE ME GAINS NOT TAKE THEM AWAY

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>8210540
common

>>8210540
I love that track.

>>8210491
Not horrific.
>>8210452
Not as bad as it looks desu.

>>8210552
Calm down. Wait for the CC

>>8210590
At least BPMX has my back. I got in at .16. Wish I had more money back then- got $2500 today to invest.

>>8210489
What do you mean he just signed it.

GCAP YOU WERE LIKE A BROTHER TO ME AND NOW YOU FUCK ME IN THE ASS? WITHOUT LUBE?!!!?!??!?

CУКA!

>>8210621
and he said he would make deals with countries that are fair and lots of negotiations possibilities are open.
he talked about countries who pay enough military might be exempt

>>8210682
Which is virtually none of the EU and definitely not France and Germany

>>8210630
But that's the way you said you like it anon. I saw you over there with big5guy...

>>8210660
>START OVER
Why doesn't my broker have this feature?
I want a refund on KTOS.

Why is GCAP moving so much after hours?

>>8210735
they don't call me Big5inches for nothin

>>8210756
They're having a meeting.

>>8210777
Trips of truth

>>8210777
Checked. Should I still meme Big5 or did I miss that bus.

>>8210808
MID TEENS DUDE
MID TEENS

>>8210808
"It's going to the mid teens bro"

>>8210808
don't worry about the wiggles and jiggles, it's going to mid teens

This is fucking bullshit.
If other places are more efficient at producing steel and aluminium why are we punish them with tariffs?

Now we gonna spend a shit ton of money restarting bankrupt inefficient plants with a labor force composed of entitled boomers.

>hur dur mu trade deficits
Modern trade is more complicated than that

Which one of you faggots shilled vgtn?

>>8210886
Fuck off globalist scum

>>8210886
t. Chang

>>8210886
long term short murica

But, are any US companies spiking with this announcement? I can't find any company showing positive results, or even volatility.

>>8210886
Holy shit the stupidity

>>8210886
oy vey-san desu

>>8210886
If they are more efficient because they don't care about polluting themselves, why should they be allowed to sell their stuff to the US, making US workers poorer?

Stuff made inside the US already has a sort of tariff on it, in the form of taxes, healthcare, unions and so on, being paid by the workes and producers.

>>8210886

>not wanting to increase american jobs

get out of here china steel dumper

>>8210890

Why did you buy it when it was up like 40% in like a week?

>>>8203921

>>8210920
do you realize how expensive labor is in US?

>>8210967

about 10 times more than china and mexico, right?

>>8210886
Globalist pedophile demon vampire

>>8210886
1-maybe their industry is heavily subsided or don't give regards to environment nor workers' life
2- maybe it is a way to pressure them to open up their import policies
3- sometimes, it isn't just about money. It is about power, security and influence

I do believe that free trade is only possible between gentlemen, who play by the same rules, respect them and have the same mental structure

Subhuman scum (chinks, niggers, mudslimes) need not apply

>>8210967
Tell your congressmen to repeal the 13th if you want cheap labor.

>>8211012
This. Be sure to include your real name and phone number as well.

>>8210903
>>8210912
>>8210920
>>8210933
>>8210940
>>8210949
WHEN ARE AMERICAN STEEL MANUFACTURERS' STOCKS GOING TO GO UP? I NEED MONEY

>mfw US and UK signs historical trade deal post Brexit
>mfw rest of yurop fuming and sinking slowly under heavy EU bureaucracy
>mfw the newly forged Anglo Alliance annexes Canada and kicks out Trudeal
>mfw we let the Aussies in as well for the bantz
>mfw a new world order ushering peace and prosperity for all English speaking nations

Globalists are liars and the fruits of their policies are death to the middle class.

>>8210949
>>8210940
>>8210933
>>8210912
>>8210903
>>8210996
>>8211003

These american companies shut down and went bankrupt for a reason, the minute the tariffs are lifted their gonna tank again.

These other foreign companies maybe have an advantage like location, machinery and labor, what american companies perhaps don't.

>>8211038
Don't worry I am holding X and GGB If nothing happens or it continues to drop, i'm dumping it next week.

>>8211062
They have an (advantage) called quality fraud, command economies, subsidies and tariffs of their own.

>>8210992
something like that
500 a month vs 5,000 a month
trump and his supporters are fucking retarded.

>>8211038
Maybe this was already priced in ?
Expect profit taking tomorrow noob

>>8211114
You are the retard. Half of the steel we get from Korea is imported by them from China.

>>8211003
>Subhuman scum (chinks, niggers, mudslimes) need not apply

You do realize the Steel and aluminium trade deficit is with Canada right?

Where they have high wages, strict safety and environmental regulations.

>>8211114

Has anybody figured out how much money the federal government stands to collect from these tariffs? Won't this additional revenue help with the deficit and thus keep the bond yields from rising too quickly? Fuck my TBT play might be getting BTFO'd because of a fucking tax increase.

>>8211136
low skilled manufacturing should be left to developing economies, although i guess trumps voter base resides in states that are still in that state so...

>>8211062
With modern machinery, workers are leveraged and their salarie and benefits made up a very tiny part of the costs.

China is cheating, that is the only thing they can do in order to compete.

For example, they are bribing the entire Africa for privileged sources. They give very little regards to the environment and safety. Their industry is heavily subsidised. Their currency is ridiculously undervalued.

>>8211168
Give more attention to what I said about free trade. It is doable with people of the same cultural background, which is the case of Canada. And Trump just said no tariff is on the table yet for the fuckng leaf.

>>8211201
why would the media report on trump closing deficits? that goes against the narrative

/pol/ thread incoming

>>8211201
Tariffs raise inflation, short bonds still good.

>>8211201
I don't think Trump is interested into getting more funds from tariffs.
He is aiming at getting better conditions for US companies exports.

>>8211262
yes but when Trump cut taxes his goal was to get better conditions for US companies. but the media just reported on deficits.

when Trump raised taxes on imports his goal was to get better conditions for US companies. but the media just reported on Europe, CA, and MX.

>>8211216
>>8211216
>somehow having access to cheap commodities is bad

hey if they are doing it for cheap, who fucking gives a fuck. why we are gonna compromise the entire economy for muh steel and aluminum jobs for a couple of rust belt hicks that are near retirement age.

This CC is great. I'm not selling GCAP.

>>8211327
does the entire economy depend on steel?

Enough for this meme steel or GCAP
I am going to DD Nissin Foods Co.

>>8211327
What the chinks are doing with steel, they are doing it with basically all their export sectors.
And when you want to go into their country to do business, you basically can't.
China only takes, it never gives.
Trump is raising the question on steel and aluminium because he knows it is going to hurt the chinks the most.

>>8211352
Their volumes are rising.
They are basically dumping in order to get market shares, and the balance sheet looks clean.

>>8211352
What did they say about the moon mission Anon?

>>8211363
>>8211392

let me tell you something.

American companies have made a killing with cheap foreign steel. Their products are cheaper and they have sold allot of it.

>>8211420
The moon mission hit the glass dome placed around the planet by the reptilians.

Hodl, lads.

>>8211429
what companies buy chink steel? this is a serious question, I dont know much

>>8211451
if no companies are buying then it isn't a problem right???

>>8211327
Trump is trying to keep his campaign promises, you know, something presidents are supposed to do. If you don't like it, tough shit.

In this time of a trade war, do you want to short DRUMF and his anti-globalist policies? Then buy OSN, a Chinese company that coats and produces steel!!

L O N G C H I N A M A N

>>8211429
It is not only about steel.

What I think is steel is not that important. Don't give a fuck about that.

The focus should be on Trump's gamble : will he successfully submit other countries to more favorable trade rules and to reevaluate their currencies ?
I like Trump, I like his style, he won't take no for an answer and he will get things to go his way. Go long on any US companies doing business overseas.

>>8211451
If american companies don't buy foreign steel then what the fuck are the tariffs for?

The prices of canned goods, canned soda and beer is gona go up by 20%

>>8211451

Pretty much everything that is fabricated out of steel or uses steel components outside of shit like bolts and screws that need more precision, but even some of those. From cars and trucks to shelving, buildings and machinery.

>>8211544
>The prices of canned goods, canned soda and beer is gona go up by 20%
CNBC just did a bit about a week ago debunking this retardation. Try again.

>>8211508
this mofo didn't get the popular vote, it does not reflect the overall will of the american population.

>>8211544
>canned goods
unhealthy, promotes hoarding
>canned soda
extremely unhealthy
>and beer
extremely degenerate
Nothing of value was lost.

>>8211573
Still hung up on the popular vote thing huh?

>>8211573

>>8211523
Fucking idiot

>>8211600
It sucks that we're going to have to be paying a $20 deposit on aluminum cans, but this is actually good for those people who go around and collect the cans for the deposit. They're going to have a living wage now.

>>8211600
Stock trading is degenerate, so who are you to point fingers, senpai?

>>8211600
It does not end there familiar.

Anything that has to do with steel and aluminium manufacturing will get rekt since profit margins in that sector are very slim.

>>8211682
There is about $.017 of aluminum in a can of soda, the change is going to be negligible.

>>8211674
There is a stoty about a brainlet, a sage, his finger and the moon.
The sage show the moon to the brainlet with his finger, but the brainlet only sees the finger.

Brainlet = you
Sage = Trump
Finger = steel
Moon = better trade conditions for all the US companies

>>8211716
not for coca cola

>>8211746
How high are you right now?

>>8211757
They'll adjust and pass the cost down to the consumer, which again, will be negligible.

>>8211790
Right, i thought it was just me haha. Thats some next level trolling

>>8211573
have you had enough gay sex for today?

>>8211790
>>8211810
You guys are not used to 4D chess
But that's ok you are not president

>>8211497
because its cheap you absolute brainlet.

https://www.trade.gov/steel/countries/pdfs/imports-us.pdf
no china
1 eu country in top 10
lel

>>8211237
>>/pol/ thread incoming

You called it bro lol

>>8211851
how is it a niggering problem if the post i responded to said i don't know what companies are buying chinese steel, whjy the fuck would it matter

>>8211849
So you're telling me, that increasing the chinese steel prices 25% creates enough room for American steel manufacturers to sell cheaper ergo making the tariff collect 0 revenue?

>>8211891
Since the market is closed anyway, i'm totally fine with it.

>>8211834
>>8211620
pretty soon people will regret the day they ever voted for this loon.

>>8211497
I wasnt trying to make a point it was a genuine question. Lets say all steel is 25% more costly. Who does this impact? Construction companies, right?

>>8210149
I have a feeling that TVIX is gonna be similar to Seadrill and it’s gonna linger around .20 for a long time.

>>8210346
Thankyou sir. Now on my watchlist

>>8211928
everyone exposed to steel and aluminium, obviously weighted to those more heavily involved
>>8211868
look here and see chink steel is irrelevant

>>8211922
I actually voted hillary. This election was such a disaster I just went in and voted straight ticket democrat. After the fact, i'm glad Trump won, will be voting for him next election, and will never vote democrat again.

Why is globalism bad anyways?

>>8209742
Coulda been way better but I would say good day overall

>>8210847
>>8210860
>>8210875
That meme is just rude . I don’t have much faith in retail after working in it for a long time so I’ll skip this time.
>>8210886
Nationalism, you globalist cuck. The Neoliberal economic “theory” that states that everyone will find their economic place if we just remove all borders is lunacy and doesn’t take into account the fact that half the human population have shit IQ, education and natural ability to perform. Just let them live a natural life and leave industry to industrial people.

>>8211983
Why's that?

>>8212032
retard, developed countries naturally move away from industry to service economy.
So leave industry (some not all) to developing countries

>believing in the media FUD
This is all just a massive mind game Trump is playing with everyone, he is absolutely playing 4D chess. He didn't become a businessman not knowing tariffs are bad, he's basically holding a strong bluff to gain leverage in upcoming trade negotiations, while simulteneously bolstering his political support standing by his election pledge. It's fucking genius desu.
That's why the market briefly tanked but recovered in less than a day, because all the smart money knows this. The media story is just there to scare liberal normies.

>>8212067
>muh 4D chess
This meme is old and stale.

Yo guys, check out DXR.

It spiked at 3.

>>8211907
What I am saying is to look at the bigger picture and steel is secondary to Trump's strategy.

But my guess on steel would be if this figure is officially given, that must mean that Chinese steel was at least 25% cheaper than the American one.

Given the American steel is produced in the USA, stricter quality controls will be possible, there will reduced delivery delay and transportation issues (rust due to shipping ?). All that will be beneficial to the end users.

>>8212041
DNC is completely compromised, the party has become weak, the voters have become even weaker. Would rather die than have the next generation liberals, ANTIFA, queer sexual, gender fluid people run this country. If you need an example, look at Europe. They're an embarrassment. The right is flawed as fuck, but it's currently the better of the two. Boomer era democrats are not even in the same ballpark as youth liberals in reference to complete insanity.

>>8212067
he is a retard appealing to other retards

>>8212032
>doesn’t take into account the fact that half the human population have shit IQ, education and natural ability to perform

kek

then why do we need these tariffs?

>>8212067
This man gets it

>>8212099
What Trump is doing isn't even that complicated. It only looks like 4D chess to retards and soyboys.

All it takes is balls and respect to accomplish the mission he has been assigned to.

>>8212062
Thats why France, Germany and Japan viciously guard their own steel industries, right? What a fucking brainlet you are.

>>8211979
Go look up the net steel trade between those countries and China, brainlet. They middle man the chink steel to us.

>>8212121
Go crawl back up Hillary's rotten twat you little faggot.

>>8211983
>He voted for Hillary and is pretending to be MAGA

You should have to wear a badge.

>>8212119
I voted for Sanders tbqh but I don't like the muh gender snowflake culture either.

>>8212189
oh yeah man for national security and stuff and because without steel a country isn't a country amirirte right?

>>8212214
Doesn't the helmet kinda do the same thing?

>>8212214
What do you want me to say, trump grew on me. And /pol/ corrupted me. I don't really care if something as stupid as that bothers you.
>>8212221

>>8212221
DNC completely sold out Bernie, even though he's a soynior citizen and would have been steamrolled by Trump. It still would have made for a good race.

>>8212255
>Not directly responding to the points in my post and bringing up a hyperbolic red herring that Trump said for norman on TV

1)There will always be different labor markets in the same country
2)China is tanking steel prices for everyone with their bullshit, but no one else can build up the activation energy to stop this bullshit on any of the industries they are fucking up with their subsidized capital controlled bullshit scam economy
3) Steel and aluminum are genuinely important and critical industries to sustain a war effort
4) The more US steel production increases the lower domestic production costs will go thanks to renewed economies of scale

Hilltwat soyboy moron confirmed and dispatched

are you guys just in here to argue or are we gunna find another stock to meme up?

>>8211868
this is a fucking joke lmao
we import more steel from fucking korea than china

what a bunch of ado about nothing

https://www.youtube.com/watch?v=qr1-WpWOUk8

>>8212429
They import a ton of steel from China themselves. Are you literally so much of a brainlet you think every good makes one stop in international trade and there isnt a chain effect in prices?

>>8212404
I think it is fucked for meme stocks for tonight

Call it quit and research some on your own

>>8212469
is there a tariff of Canadian steel that was original imported from China?

>>8212519
TBD what happens with China and Mexico. Would not be surprised if Trump made them put up their own tariffs as part of the negotiations.

>>8212546
Sorry Canada and Mexico. Got confused for a second.

>>8209800
cool, you've made 4 dollars

Buying CLM on pullback tomorrow assuming it happens, maybe Monday

>>8210125
That explains it

>>8212546
>>8212519
>>8212429
this basically goes to show that /smg/ has no idea what we're doing and gambling on earnings is the only way forward

>>8212651
Speak for yourself.

Why is there 138K volume on soybean futures lol

>>8212651
have you had enough gay sex today?

Everyone has been getting scammed by Chinks for decades and if the rest of the world is too supine to deal with it, we will and they will be affected because of their acquiescence to chink scams.

>>8212752
>chinks
Let's not be racist anon. It isn't necessary.

>>8213093
Lol

>>8209998
But those 5% dividends, and that's assuming no q4 bonus

>>8210472
I'm holding apron but if it hits $2 then I'm out. Hope's not high

>big day tomorrow, be ready

>>8210107
>>8210148
BPMX is on the edge of getting FDA approval for an Accutane alternative. Accutane is an acne medicine created in 1982 which must be taken orally and has a fuck load of side-effects because of this. Among other things, BPMX is developing BPX-01 which is a topical gel designed to deliver the medicine directly to the effected skin. At least in America, teenagers are fucking disgusting and have horrible eating+hygiene habits which greatly increases the occurrence of acne vulgaris, so many people in the states are currently using Accutane. It's a large market that could be taken over by BPMX. With such a low marketcap, the gains could be insane. It's a risk of course, but things are looking good for the company.

>>8212114

SON OF A BITCH.

Wasn't this shilled here a couple of months ago and the anon said to hold through march?

Babies first $1000 in Robinhood here. If I want to get an ETF that tracks a certain index, how should I choose between the available options?

Coinfag here, have literally all of you made it (1m+)? Otherwise, how can you settle for such mediocre gains (5%+ in a year)? Wouldn't you literally be better off having your money in the back and collect dividends

>>8215179

Performance, holdings, leverage, maintenance fees.

Nikkei going parabolic

>>8215314

holy shit

bump

>>8215913
Why lol

and now the nikkei has plummeted to the abyss
just fuck my shit up

>>8216391
Abyss?

>>8216405
YES, ARE YOU DEAF MOTHER FUCKER? THE ABYSS

-400 points in 15 minutes

>>8216435
It's still green though...

>>8216484
Dont ever talk to me again, are we clear? Never again

>>8216523
I just expected the abyss to be darker is all

>>8215934

cryptofags sliding it

>>8215179
VOO

I'm new /biz/, I have some money coins buy I also put some into stocks. All I did was start a model ETF portfolio and add SPY and GLD to it.

I feel like this is going to go nowhere substantial. Want to sell some from Exxon or something because it looks like it's hitting $69 resistance.

>>8217389

Welcome

>>8217389
Word on the street is BGFV is going to mid teens bro.

What kinda time frame are you trying to make some money in here? XOM is solid on dividends for basically life.

>>8217566
I was thinking of throwing in $500 on XOM making it my biggest hold. I'm 25 now, looking for holds mostly. I've learned through crypto that trading, even swinging isn't for me. I literally missed a swing because I was at work and couldn't do anything.

I have $1000 in a 100% ETF Model portfolio (Basically ishares stuff), 1 share of SPY, 1 share of GLD and a few of ACB for shits.

Just feel spread out, bought in mid Jan to mid Feb so I am literally already holding bags.

>>8217540
Thank you

>>8217703
1 share of SPY? What's even the point?

Enjoy index funds man, or get down on some research if you plan to trade more. Fuck with some nice dividends, reinvest 'em, especially only at 25. Everyone else here is just gonna shill you shotty biotech & mineless mining companies. If you wanna gamble, you're better off in crypto since you already have experience.

>>8209742
Etrade master race reporting in.

>>8217835
Did you get all 3 points profit on futures broski?

>>8217792
Because I have $1500 for stocks and I was under the impression that the goal of of a balanced ETF portfolio was to try to follow funds like SPY figured at least one was a good compliment. I'm still learning, I originally planned to do this all last year. This was all under the assumption that I would do research over the next year on what and how to buy. It looks like this is a good entry opportunity so I regret my decisions a bit.
I would like to get into dividends. I have majority of money in crypto and the remainder in RRSP/TFSA accounts. As for stocks I'm happy with 5-7% this year which would beat my mutual funds I had before.

before...

>>8217987
Get to a stock screener and check for stocks yielding over 5%. Start comparing 'em. Understand dividends are a long term game. You can't buy a stock for one quarter's dividend, you'll lose money overall.

Also, check out the most recent dividend champion list:
http://www.tessellation.com/david_fish/

>>8218010

Go on....

>>8218090
Thanks for the advice, I'm starting to drown in dyor with crypto and stocks. Assuming I change nothing did I make at least a semi profitable decision, not like anything substantial or anything but not terrible?

>>8218232
Eh, i guess. Holding 1 share of anything isn't really on my list of things to do. Unless its like BRK.A lol.

Is it profitable? I can't see the future. Vote for general market increase lol. I think you're better off than a lot here, but I'm not sure that is saying a whole lot. Come to /smg/ during trading hours and get some more opinions.

>>8218298
I based it off a percentage of a portfolio not number of shares but I get your point.
I work during trading, shift literally starts at opening. Again though I appreciate the encouragement, /smg/ seems to be a lot more relaxed than the rest of the board.

>>8218378
Just sneak 2min at lunch to make a post and check all the answers after work.

We aren't that great, we just are retarded in our own unique way.

>>8218090
dividends are over rated. as long as you're making a living your money is better spent re invested and away from taxed.

>>8217987
if your TSFA isn't maxed out then sell your crypto until it is. don't think you're allowed to actively trade in that account either.
I'd just buy a total market ETF, maybe a bond ETF if you nervous about it and try to forget about it.
also there is a Canadian tax dividend tax credit but useless for normal dividend payments.

>>8218688
>if your TSFA isn't maxed out then sell your crypto until it is.
Why do you say this? I slowly add to it and it will max out eventually. Do you think a TFSA is better returns than crypto? I'd be selling some things at a loss.

>>8218688
>>tfw making my living from dividends

>>8218783
>Why do you say this? I slowly add to it and it will max out eventually.
because the capital gains tax in Canada is 50%. the sooner you can get money in the more it's going to grow by the time you retire.
>Do you think a TFSA is better returns than crypto?
crypto is a zero sum game; the average profit across everybody invested in it is $0. so yes.

>>8218783
>I slowly add to it and it will max out eventually.
and you realize the TSFA limit increases by $5500 every year, right?

>>8218847

kek

>>8218941
>because the capital gains tax in Canada is 50%. the sooner you can get money in the more Fair point but at the same time it's not. Nothing wrong with diversifying into volatility and taking profits as you go putting them in safer places. We're not the same person I guess though. It's not like I neglect TFSAs, RRSP or other funds.
Plus lets say I could max out a TFSA on after taxed crypto gains alone in less time than it would take to steadily max it out?

>>8219079
Yes I am aware, around $55k now maybe $60k I think. That doesn't change the argument much in my opinion.

>>8219740
I didn't mean to greentext half of that.

>>8219740
I think your confusing volatility and risk.
crypto is fundamentally gambling. it makes just as much sense to say you're going to take profits from the roulette table.

>>8219990
>crypto is fundamentally gambling
So are a lot of things. There is volatility and risk and if I am doing risk management I am comfortable with then who cares? I would personally throw $1000 into a shitcoin I can at least research and speculate than throw the same amount and pick a color on roulette. Selling all my cypto is extreme as far as I'm concerned. I don't think either of us will be swayed on the swayed on the subject though. Good luck with whatever you choose though.

>>8217852
Yea and options house u can make bank off calls

Where is the best place for how to research trading for the long term? Still new to this, and apparently dividends are the way to go, but I'm not sure how they work.

Preparing for one wild Friday here in Yurop.
t. Trader

>>8220421
>apparently dividends are the way to go
eh. I used to be a dividend fan but the tax implications favor growth over dividends. For very long term, boggleheads forum has a wiki.

>>8220421
depends on how much work you want to put into it. I woudln't worry about dividends, long term you're going to re invest them anyways. bogle head is a good place to start. investopia for terminology, 'The Intelligent Investor' for theory
https://www.bogleheads.org/wiki/Three-fund_portfolio

>>8220485
fuck, beat me to it.

So how you stockfags doing

>>8220547
We going down boy!

>>8220547
f-fine

>>8220547
above average

>>8220959
do you ever just feel like you're vibrating on a different frequency from normies?

>>8221057
that's a new way of putting it.
I generally don't pay attention to my investments other than a re balance once a year.
I just come here to laugh at the schizophrenia as people go from euphoria to suicidal at the whim of a random number generator.

>>8221154
ahh, the meme hold.
I know it's a little like doubling down, but
the chances are lower that you'll pick a good
coin off the basis of hype alone.