Jump to content

stock market trading, invest, what stock do you guys own?


dj230
 Share

Recommended Posts

Ever since I was 18 I was always fascinated by the stock market, although I didn't have a clue what i was doing when I first started and still to this day, I lack a lot of basic knowledge of finance and experience to truly understand stock company fundamentals but I have found ways to still be profitable while not having as much knowledge as another person may have. This is mainly through paying for financial information/advice and market news/data.

 

Every few years I always tried making money in the stock market, id make some, lose some, lose interest and quit, but covid changed things, so many peers/friends were making money in the stock market it started becoming more and more of a common theme to be a winner than a loser, although I have a feeling this won't last forever (or much longer).

 

I saved up as much money as I could the past year working as much as I could and am now living off of strictly investment income, I quit my job temporarily and I am getting more and more interested in the stock market and was curious what stocks people are investing in or trading?

 

I personally only trade stocks short term (day trade/swing trade), when I find a really good opportunity that is almost guaranteed to make money, usually these are technology stocks which have some sort of catalyst that isn't on the mainstream news yet and I only try to make a small profit 0.3-1% on the trade and cut losses quickly as well if things go south, otherwise I don't try to time the market. 

 

All my long term investments are in index funds/etf's/mega-cap companies, companies which I personally use and are being recommended by investment advisors I trust.

 

I personally don't invest long term in companies that have a high risk/reward, curious if people are? Also curious if anyone else is using the stock market as their main source of income?

Edited by dj230
Link to comment
Share on other sites

  • dj230 changed the title to stock market trading, invest, what stock do you guys own?

I am trading semi full time on the ES(S&P500 futures), scalping using price action, picking up 60 to 160 points a month.
My long term investments are similar to you, money goes into Robo-advisor, index funds etc. using DCA (dollar cost averaging) goes a long way in years to come.

Link to comment
Share on other sites

On 10/14/2021 at 12:16 AM, dj230 said:

Ever since I was 18 I was always fascinated by the stock market, although I didn't have a clue what i was doing when I first started and still to this day, I lack a lot of basic knowledge of finance and experience to truly understand stock company fundamentals but I have found ways to still be profitable while not having as much knowledge as another person may have. This is mainly through paying for financial information/advice and market news/data.

Every few years I always tried making money in the stock market, id make some, lose some, lose interest and quit, but covid changed things, so many peers/friends were making money in the stock market it started becoming more and more of a common theme to be a winner than a loser, although I have a feeling this won't last forever (or much longer).

I saved up as much money as I could the past year working as much as I could and am now living off of strictly investment income, I quit my job temporarily and I am getting more and more interested in the stock market and was curious what stocks people are investing in or trading?

I personally only trade stocks short term (day trade/swing trade), when I find a really good opportunity that is almost guaranteed to make money, usually these are technology stocks which have some sort of catalyst that isn't on the mainstream news yet and I only try to make a small profit 0.3-1% on the trade and cut losses quickly as well if things go south, otherwise I don't try to time the market. 

All my long term investments are in index funds/etf's/mega-cap companies, companies which I personally use and are being recommended by investment advisors I trust.

I personally don't invest long term in companies that have a high risk/reward, curious if people are? Also curious if anyone else is using the stock market as their main source of income?

I am a trader, have been for 25 years..........well a trader for about 23 years, clerk before that

 

I wouldn't worry about fundamentals at this point, but of course invest in profitable companies

 

My advice, to anyone, is trade what you know.  If you like a product, look into and see if you think it's a good company

Follow trends you see....

 

One of my mantras..............I think teen girls rule the world. I see anything that are popular with teen girls and I look into the companies.....

 

All that seems simple, but so many things are right in front of your face......

  • Like 1
Link to comment
Share on other sites

On 10/14/2021 at 8:16 AM, dj230 said:

Ever since I was 18 I was always fascinated by the stock market, although I didn't have a clue what i was doing when I first started and still to this day, I lack a lot of basic knowledge of finance and experience to truly understand stock company fundamentals but I have found ways to still be profitable while not having as much knowledge as another person may have. This is mainly through paying for financial information/advice and market news/data.

Every few years I always tried making money in the stock market, id make some, lose some, lose interest and quit, but covid changed things, so many peers/friends were making money in the stock market it started becoming more and more of a common theme to be a winner than a loser, although I have a feeling this won't last forever (or much longer).

I saved up as much money as I could the past year working as much as I could and am now living off of strictly investment income, I quit my job temporarily and I am getting more and more interested in the stock market and was curious what stocks people are investing in or trading?

I personally only trade stocks short term (day trade/swing trade), when I find a really good opportunity that is almost guaranteed to make money, usually these are technology stocks which have some sort of catalyst that isn't on the mainstream news yet and I only try to make a small profit 0.3-1% on the trade and cut losses quickly as well if things go south, otherwise I don't try to time the market. 

All my long term investments are in index funds/etf's/mega-cap companies, companies which I personally use and are being recommended by investment advisors I trust.

I personally don't invest long term in companies that have a high risk/reward, curious if people are? Also curious if anyone else is using the stock market as their main source of income?

All depends on the amounts we are talking about to be fair. I use professionals who know what they're doing, even though I've worked in that industry most of my life (IT side) and know my way around the indices - worst years return over the last 10 years 14% - they got me into Amazon at about 40 dollars from memory, they were 3,500 dollars last time I looked ! Adobe another absolute peach. My entire existence is funded from portfolio profit, I never touch a penny of capital.

Do your research, find your experts, pay them (well) and sit back ! They're at the top of their game for a reason. However if you're determined to go it alone - let Trustnet website guide you as to who the stars and dogs are and keep on it. If you are going for individual equities, good luck with that - very very very difficult to do well there consistently but again depends on the stakes.

For me its techs, has been for years and will be for years - bumpy ride but its the best bet in town and will be for some time. Techs Techs Techs !

Link to comment
Share on other sites

17 minutes ago, Marc26 said:

I am a trader, have been for 25 years..........well a trader for about 23 years, clerk before that

I wouldn't worry about fundamentals at this point, but of course invest in profitable companies

My advice, to anyone, is trade what you know.  If you like a product, look into and see if you think it's a good company

Follow trends you see....

One of my mantras..............I think teen girls rule the world. I see anything that are popular with teen girls and I look into the companies.....

All that seems simple, but so many things are right in front of your face......

I think Buffet said that if he wanted to invest in retail he would visit there - if he couldn't find a smile he wouldn't invest in it - he did quite well ! 

Link to comment
Share on other sites

5 minutes ago, Benroon said:

I think Buffet said that if he wanted to invest in retail he would visit there - if he couldn't find a smile he wouldn't invest in it - he did quite well ! 

There is a clothing chain, Brandy Melville(have one in Bangkok)

The one in downtown Vancouver has teen girls lined up outside, down the block.... every day

I went home to search if the company is public

They are not....or I would have bought the stock

 

But that is the stuff that is right in front of your face

Link to comment
Share on other sites

5 minutes ago, Marc26 said:

There is a clothing chain, Brandy Melville(have one in Bangkok)

The one in downtown Vancouver has teen girls lined up outside, down the block.... every day

I went home to search if the company is public

They are not....or I would have bought the stock

But that is the stuff that is right in front of your face

Yep but places like that usually get to a point where the expansion they need, needs to be funded and that's usually by floating. You might have to be patient and hope stock isn't sold exclusively to the markets.

There is a company called Futura Medical (FUM on the markets) they invented a condom that had viagra based cream smeared on the inside of each one. Utter genius I thought killing two birds with one stone, no-one has to go to the doctor, no embarassment etc etc, it will be in every men's toilet, in every bar in the world - I have never been more convinced I would be a trillionaire - I'm still convinced 20 years late I'm on a winner.......

I'm 50% down on that one !! 🤣 - thats why I leave it to the pros

Link to comment
Share on other sites

I have been investing for the past 3 years now, I am basically putting aside 1000 USD every month for investing.

I am only buy stock none of this fancy trader stuff with options and puts etc.

Besides I need to pay about 27-45% tax on winnings so tend to pick and hold, hopefully in a few years I will be able to reap the rewards.

My best stocks so far have been Sea LIMITED (US) ,  CARVANA (US) , Bavarian Nordic (DK) and NOTE (SE}

  • Like 1
Link to comment
Share on other sites

On 10/22/2021 at 4:15 AM, Tjampman said:

I have been investing for the past 3 years now, I am basically putting aside 1000 USD every month for investing.

I am only buy stock none of this fancy trader stuff with options and puts etc.

Besides I need to pay about 27-45% tax on winnings so tend to pick and hold, hopefully in a few years I will be able to reap the rewards.

My best stocks so far have been Sea LIMITED (US) ,  CARVANA (US) , Bavarian Nordic (DK) and NOTE (SE}

Sea limited is quite popular, they own shopee, lots of e-commerce stocks have went up substantially because of covid 

 

Edited by dj230
Link to comment
Share on other sites

Sure, all of it outside Thailand, managed by a financial advisor.  Primarily REITs for the additional, passive income I can turn on and off as needed, and then a host of ETFs, which I don't mess with.  

Maintain cash accounts, CDs, etc., away from the financial advisor's clutches.  Have my own small portfolio of stock in Schwab.  Apple, Boeing, Disney and Tesla.  Took advantage of COVID downturn.  Tesla before the split, done well since, albeit no dividends, purely s/p appreciation. 

Link to comment
Share on other sites

I am a well educated retard about the markets, so I leave the majority of my funds up to the experts.  I have a basket of ETFs (about 70% of total invested) and 30% corporate bonds. The ETFs are from Horizon (Bank of Montreal) for the most part, split between tracking the TSE, the S and P, and some international as well. 

 

I kept 5% of my money to invest on my own, just to test my acumen and judgement. Suffice to say, I am not as good as the pros.  I hit all of 2-3% gains per year.... 

 

Current prayers are Lucid, an electric vehicle maker to rival Tesla (hopefully) and Exelisis, drug maker.  Plus a bit of an ETF based on small cap companies in India.   Oh, and some Apple as well.   

 

Any hot tips and secrets from Wall Street Bets much appreciated!

Link to comment
Share on other sites

I have been following this topic but not posted anything. But it is a topic close to my heart. I think a lot of folks look for the next big thing, risk, win, risk, lose, short-sell, try again, square one, consult etc.

Any investor needs to have an intimate understanding of growth and compounding. I believe the best way forward is to invest a lump sum in a reliable index fund with a proven track record and then stump in regular contributions. Then live your life and don’t worry any further.

For example, let’s say you are 22 years old and have 10,000 dollars to invest (borrowed or saved). That goes into a fund with a long-term track record of 10.5 - 12.5% per annum. You then contribute $500 per month. How much is in there when you’re 60? 

Think about it for a moment…believe it or not:

$5 million dollars.

 

Link to comment
Share on other sites

Yeah, one of the most valuable math lessons I ever got was from my father, the Rule of 72. Divide 72 by the annual return or interest rate, and you will have the number of years it takes for your initial investment to double in value.  So at 10% annual return, you will basically double in 7 years. 

  • Like 1
Link to comment
Share on other sites

19 minutes ago, BeerIsLife said:

Yeah, one of the most valuable math lessons I ever got was from my father, the Rule of 72.

Your father is THE MAN. I like him already, we’d have a lot to discuss, and yet we’ve never met. It’s the most important mathematical rule to learn.

Tweak it and understand what happens when you move slightly above 10% and your future is golden.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use