yeah yeah, that's all very nice......but when are you going to get to the important stuff? How many weeks will it take until Squilly can buy a Lambo to ride around town?
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Investment Advice for Squilly
- Thread starter ucfgrad93
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yeah yeah, that's all very nice......but when are you going to get to the important stuff? How many weeks will it take until Squilly can buy a Lambo to ride around town?
I predict a whole bunch of new "covered calls" being made/created/sold (??) as we all run out and use our new found knowledge. Thanks ufcgrad93.
yeah yeah, that's all very nice......but when are you going to get to the important stuff? How many weeks will it take until Squilly can buy a Lambo to ride around town?
He has to invest a lot more than $2,000 for that to happen. It takes money to make money.
I predict a whole bunch of new "covered calls" being made/created/sold (??) as we all run out and use our new found knowledge. Thanks ufcgrad93.
I hope some try it and are successful. If you do it, let me know how you do. I use TD Ameritrade and could walk you or anyone else through the process through some PMs or even a phone call.
IMPORTANT
I know that TD Ameritrade has to approve your account to trade options. I would imagine that other brokerages would require that as well. However, covered calls are a pretty low risk set of options, so I would imagine that most people would be approved for it.
He has to invest a lot more than $2,000 for that to happen. It takes money to make money.
I'd assume TD Ameritrade would charge a $10 commission fee for options too?He has to invest a lot more than $2,000 for that to happen. It takes money to make money.
I hope some try it and are successful. If you do it, let me know how you do. I use TD Ameritrade and could walk you or anyone else through the process through some PMs or even a phone call.
IMPORTANT
I know that TD Ameritrade has to approve your account to trade options. I would imagine that other brokerages would require that as well. However, covered calls are a pretty low risk set of options, so I would imagine that most people would be approved for it.
Thanks but I'm not going to try it. I've got my portfolio handled by professionals I would rather spend my time taking photos. I know my skills and picking winning stocks is not one of them. I bought Massey Ferguson (a long time ago), didn't invest in Trivial Pursuit (I could have been in on the ground floor) and bought Nortel at a $1. I mean - after being at $100 how much lower could it go, eh?
Now real estate that's another story. I've got a nose for that.
Yes, plus a fee per contract.
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A little OT but if I invested in a Apple tomorrow, would I get the dividend? Or must I have invested on Friday?
Also, 2000th post
A little OT but if I invested in a Apple tomorrow, would I get the dividend? Or must I have invested on Friday?
Also, 2000th post
The date of record is May 12, so if you buy it tomorrow then you should get the dividend.
TD Ameritrade. They're not selling it though, are they? Aren't they just the middleman for the NYSE or something?
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Yes. This is just different terminology I'm not familiar with.
Sorry, I didn't realize you didn't understand what selling meant. Carry on!
Not that. I mean stuff like ex-dividend and record date. Now I know
Interesting thread. I do something differently I don't like buying stocks over $30 because I like to have at least 100 shares of something. It goes up 1 dollar I made 100 bucks. The dividend is 0.16 cents a share then I make 16 dollars.
Also buying companies you know and like is your best bet. I have also gone up 400%+ just be smart don't buy things you don't know about.
Sony just dropped 7% today. Think its a great time to buy it. You have to do research on companies and buy high sell low.
I wouldn't touch Apple with a 10000000000000 yard stick. Tho I did own almost 200 shares when I sold them at 710 got them at $87 a share. I but 50 when they tanked to $390 a share they have gone up a lot since then but still.
51 shares cost me $20,000. It has increased a little over $10,000 not including dividends.
With $20,000 in smaller stock I made way more money. Bought Nokia when it was 2 or 3 bucks when I saw the Windows phone. Sold for 9 and had like 3,000 shares. I had 6,000 shares in Sprint at $1.90 sold at $11 bucks.
Good to start young. I am 26 now and have been investing since I turned 20 and have made way way more money then I do working.
I am a huge huge fan of dividends.
Also buying companies you know and like is your best bet. I have also gone up 400%+ just be smart don't buy things you don't know about.
Sony just dropped 7% today. Think its a great time to buy it. You have to do research on companies and buy high sell low.
I wouldn't touch Apple with a 10000000000000 yard stick. Tho I did own almost 200 shares when I sold them at 710
got them at $87 a share. I but 50 when they tanked to $390 a share they have gone up a lot since then but still. 51 shares cost me $20,000. It has increased a little over $10,000 not including dividends.
With $20,000 in smaller stock I made way more money. Bought Nokia when it was 2 or 3 bucks when I saw the Windows phone. Sold for 9 and had like 3,000 shares. I had 6,000 shares in Sprint at $1.90 sold at $11 bucks.
Good to start young. I am 26 now and have been investing since I turned 20 and have made way way more money then I do working.
I am a huge huge fan of dividends.
Really you make money doing that? Do you sell puts?
It is interesting that you say that about Apple yet said earlier that Sony was a good buy.
Agreed. Start early and time is on your side.
Dividends are good.