Investing General Discussion

Break

Silver Baronet of the Realm
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I managed to put an order through on fidelity just now. Apparently I already had an account set up from a previous employer but it was IRA so I still had to go through the individual stocks account setup. I should probably have read the fine print but I ordered $400 at whatever the calculation said. If the shares are over that value will it complete for approximately that amount or just never fulfill the order?

You probably put in a limit order right? If it's a buy, you'll buy at $400 or less and fail if the price is over.
 

Dandai

<WoW Guild Officer>
<Gold Donor>
5,907
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You probably put in a limit order right? If it's a buy, you'll buy at $400 or less and fail if the price is over.
Yeah I was just coming back to edit. I put a limit order in. I’ve cancelled and now doing a market order. Thanks.
 

Break

Silver Baronet of the Realm
4,251
11,769
Yeah I was just coming back to edit. I put a limit order in. I’ve cancelled and now doing a market order. Thanks.
Hell I could be wrong too, just ignore anything I say about stocks. I just did QTY 5 for a market order too. If she sails I might sell short term, otherwise, oh well.
 

Gravel

Mr. Poopybutthole
36,257
114,961
I have to keep reminding myself that I don't actually care that much about this.

Even if my 60 shares of AMC skyrocket to $30 tomorrow, I sell it all and buy GME, and that skyrockets to $5,000/share, the amount we're talking about isn't life changing. I mean, I'm not saying $25k wouldn't be nice (my net worth isn't that high), but eh...it's not worth getting worked up over.

I guess I don't actually relate to most of these kids on WSB after all.
 

Arden

Blackwing Lair Raider
2,646
1,940
Robinhood now disallowing dogecoin trades. Wtf. How fucked is the system right now???
 
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Locnar

<Bronze Donator>
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I have to keep reminding myself that I don't actually care that much about this.

Even if my 60 shares of AMC skyrocket to $30 tomorrow, I sell it all and buy GME, and that skyrockets to $5,000/share, the amount we're talking about isn't life changing. I mean, I'm not saying $25k wouldn't be nice (my net worth isn't that high), but eh...it's not worth getting worked up over.

I guess I don't actually relate to most of these kids on WSB after all.

its like porn, its all relative. the richer your are the bigger the numbers you need to get off
 
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Tmac

Adventurer
<Gold Donor>
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Robinhood now disallowing dogecoin trades. Wtf. How fucked is the system right now???

Loooooool. WTF. There goes the $50 I bought 30 minutes ago.

[Edit] I just checked and you can still click "Buy" and "Sell". When the disabled GME and AMC you couldn't even click "Buy". So, are you sure?
 

Shmoopy

Golden Baronet of the Realm
3,879
17,448
Non-GME question. My work 401k is through Fidelity. We get a limited of selection of funds and 4% contribution matching.

I'm wondering about the "returns since initial purchase". That does not include money put into the fund? So whatever I put into it, the fund got me 84% more in addition to that?

Just wondering because someone was trying to say that isn't the case ... o_O

Untitled.jpg
 

Wingz

Being Poor Sucks.
12,423
38,399
So let's say GME does hit 750-1000+

Is this gonna drag/implode our other holdings, at least in the short term?
Theoretically they would have to liquidate assets to pay for their shorts or to get the money to cover their stocks they borrowed at market price. Which means selling good stocks and driving those prices down. So it could drive down the market in a lot of areas.
 

Pogi.G

Silver Baronet of the Realm
1,551
8,001
Either that or scammers waited to see which platform everyone was jumping to and then shotgunned out spam emails whether you had an account or not hoping it would catch recent switchers.

This... I get emails all the time from Netflix and paypal about something being wrong with my account, click this link and login here to correct these issues or your account will be frozen or some such nonsense. The problem is, I don't have netflix or paypal. It is just blanket email phishing hoping someone will put in their login credentials.
 
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Arden

Blackwing Lair Raider
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Loooooool. WTF. There goes the $50 I bought 30 minutes ago.

[Edit] I just checked and you can still click "Buy" and "Sell". When the disabled GME and AMC you couldn't even click "Buy". So, are you sure?
It gives the very nonspecific "dogecoin trades may not execute right now"

Whatever the fuck that means
 

Pogi.G

Silver Baronet of the Realm
1,551
8,001
So I bought a bunch of Blackberry yesterday late afternoon. Woke up this morning and saw fucking RH is now disallowing people from buying BB. Wtf. Didn't even know that was possible.

Got pissed, sold my BB at a slight loss. Read some stuff about Dogecoin and said "fuck it" and threw everything I had left from BB into that.

Dogecoin goes nuts (still going nuts) and I've somehow doubled my money since this morning... What a weird fucking day.

I'm sure I'll wake up tomorrow and find out I'm broke

I believe crypto can be traded 24 hours. Sell enough to get your original investment back +10-25% or really whatever your comfortable with and let the rest of it ride.
 
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stupidmonkey

Not Smrt
<Gold Donor>
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It gives the very nonspecific "dogecoin trades may not execute right now"

Whatever the fuck that means
That message popped up and it took awhile for it to go through. Since I couldn't get out of my $1000 bucks I just dumped it in doge throughout the day.
 

Cupcaek

Molten Core Raider
730
442
It gives the very nonspecific "dogecoin trades may not execute right now"

Whatever the fuck that means
They have that on a lot of their crypto whenever it’s busy. Probably something to do with the fact it’s completely different then stocks and much slower to do a real transaction on.
 
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Arden

Blackwing Lair Raider
2,646
1,940
Yeah I mean I've tripled my money since this morning... I just posted like an hour ago when it was doubled

I get the logic behind pulling my original investment out. But at this point I kind of want to ride this thing all the way.
 
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Gravel

Mr. Poopybutthole
36,257
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I will say it's interesting that I'm starting to see posts on WSB about how "holy shit, the market might tank after this." Pretty sure I called that mid-day yesterday when I noticed the whole broad market was in the red except for meme stocks.
 

Tmac

Adventurer
<Gold Donor>
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I'm already up $40... My only fear is another Robinhood fuck you and I lose again.