I put this in last thread but i'll put it in here.
What do you guys think of a /smg/ run borkerage account. We would use a voting system to choose what stocks and ETFs to buy options etc. We can use something like paypal to deposit money into the account as well.
>have $450k account >it has only been crabbing for the past two months i was promised the more money i had, the easier and faster it would grow. i was lied to??? how am i supposed to grow this exponentially and triple it before the year ends?
Jonathan James
50/50. Depends on how the stimulus shit goes over the weekend.
Lincoln Parker
ICPT brothers, buy ICPT. It had a hard crash after one of its medicines was rejected by the FDA, but it will eventually moon again. It's super comfy to hold it.
Caleb Jones
>Zig Forums pooling resources into a brokerage account
holy fuck, please do this
Robert Foster
I'd give it 5 minutes before 98% losses
Jace Martin
I think the difference with this is that you would actually get paid for a good trade. maybe max 20% and the rest of the people who voted gets it evenly split between
Robert Myers
Are (((they))) trying to keep poorfags from realizing that options are an easy way to make money? Would more options buyers mean smaller gains?
I'm the dude that said "no one knows what they're doing here, right" in the last thread, because you seem more intelligent than the others I have a question
Should we be buying airline or cruise ship stocks now? They are eventually going to "come back" in the next year or so, so should we be holding those currently?
Gabriel Morris
HUDDLE HOUSE IPO W H E N
Easton Mitchell
That's true, I guess. I think I'll still put $500 8/14. If nothing happens I guess I'll just get destroyed.
Jason Lopez
$JMIA anons! This fucker is up %20 today and the moon mission has just started. If they even meet earnings, this fucker will explode like OSTK in April $JMIA !!!
Austin Harris
It would function as a normal brokerage account. Pretty much /smg/ would be the entity that owns the account.
the large financial institutions - the option sellers - want you to buy more options. that's why they sell them.
Jordan Martinez
Paper market sure. Not for real. We'd be broke in seconds.
Brayden Bennett
Guys what if we start a blank check company and just buy up failing businesses that we repo and sell for a profit? The OG members hold the most stake in the company and we just sell shares to newfrens on the dark darkpool As long as SMG stays relevant and we can convince the rest of the cryptokiddies to buy in we are all guaranteed to make it And our frens would make gains as well Let's fucking gooooo
Would we only be managing stocks or would we also be managing other assets like real estate, PM storage, defi, etc If this takes off I already got 2k in it
John Richardson
Would need to form a legal entity (LLC?). Then vote on who would be authorized to actually make the trades. Then fund the account. Then have a voting system for what trades are made
Levi Flores
The thing about airlines is that your basically betting on a bailout because they just aren't making money and there's no telling when that'll be. I do think that they're a good long hold at these current prices but the entire market is due for another correction and domestic and international travel is still a can of worms rn so you could always buy in cheaper. Just stager your entry, and remember I'm just an /smg/ speculator.
Charles Howard
BABA bros pls tell me everything will be alright I need some gains
Chase Cruz
Absolutely, they have no counter against AMD in the server and laptop business, and their laptop market share would most likely shrink because of ARM
Jacob Robinson
I think only stocks and options for now. However if we were to do what says i think we could move into other markets
Luke Davis
Just start a hedge fund then? Isn't that what you're proposing basically? Or if you want to go more low-end you can simply make an index based on some random polls you post here.
Isaac Adams
Its tough when your capital is limited. Go to a stock screener and look for these features: Security price so that you can afford 100 shares, but should be near or over at least $10, otherwise premiums will not be very good. Has options (weekly or monthly) Large/medium market cap (one billion plus) for stability Has option volume (should be at least 3 digits in options trades a day)
We had that before and it ended terribly lmao. Wouldn't hurt to try again.
James Miller
I don't believe in puts (or shorts) in this market, but I would definitely not go long on INTC for 5-10 years. Longing its competition (AMD) however...
Charles Bell
I am an attorney and could form an LLC in my state for it to operate. If prefer to do a bit of research before biting into this though. We should make a discord channel to gauge interest and see what our numbers are
Ryan Jackson
even tdameritrade is shilling the aapl split now, seems the got the call to pump apple
ou pay zero capital gains in your Roth IRA, correct? So wouldn't you want to put your growth stocks in your Roth, since they will make the most gains and you wont have to pay any capital gains taxes?
