No.1030333[Last 50 Posts]
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This is our gambling investment thread!!
i think this has been a fun idea!
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ella enchanted!! i finally put my cute cuttlefish sandbox on display, turtles and shells and all!!
i have had many friends and family comment on how super cute it is!! <3
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i would feel confident entering into turnips on Sunday without any issues if the price is under 100 bells per turnip
i usually put a price cap of 105 bells per turnip, for purchase price
otherwise, i will look around for a friend who has lower price to buy from them
and if i am feeling lazy, and the price is 105 or more, i might not buy too many - just some, in case i, or a friend ,sees a substantial increase in price that week
otherwise, you can use bells in other ways to make bells! time value of money!
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Yay! I'm glad you found the turtles! That's the part I was really excited for x3
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Speaking of that, I still have a few more to wrap up :/
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i adore them SO much. are they... hand made? i love them so much, i see you could make a necklace out of them, but i want to be able to see them in my sandbox everyday >>1030364
...you are an angel, Ella Enchanted. i cannot express how much my little box makes me happy.
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I regret not buying any stalks this Sunday, ha. I don't even know why I bothered checking the price.
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Ah, I wish I was cool enough to hand make them. No, they were some beads that I bought because they didn't have any cute cuttlefish
I'm really happy you liked it. I wanted it to be something that would last a little while.
Now I still have to get Manley's, Stars, and Thorax's and Andreas sent out. I am slow, but I have not given up!!
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531 bells per turnip. WOW.
i wish i could visit... i would donate at least 100k bells per trip, and i would have two trips to make!>>1030367
they are still cute!! i love them very much! i love my cuttlefish, too!
i just know they will love them! This is one of my personal treasures!
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If I wasn't such a dessert hog, I would have made that cheesecake last a little longer
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Colorful flowers too
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i gotta confession to make...
i have no idea how to money
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I want some colorful flowers!
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Dinosaurs aren't profitable any more.
So is better to create and invest other media based from another animals.
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I would like to put money in WSM as everyone is buying kitchen gear.
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uh oh!! i fell asleep! it is okay <3 if you get trial, i will come to visit!>>1030373>>1030380
winter wrap up! winter wrap up!!>>1030375
i was intending this to be a real stock market thread, but this is good too ^^>>1030381
dinosaurs are profitable if you sell the opposite direction!>>1030389
...WSM? really? that's really smart, actually... very good DD
i will bookmark that, and maybe buy into it
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moony when I get my own restaurant can I bring you on as a financial consultant?
Oh, ok. Then i'll start an Animal Crossing finacial thread, and then agree with Esh on this thread >>1030387
This feels like a bad time to get into real investing, what with the economy crashing around us and the world coming to an end.
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I don't have any good projections at the moment.
For Biomed I'd be looking at Cefeid, Abbott Laboratories, and Roche Pharmacuticals for their current products and ambitions as well as the fact that they'd be relatively insulated from future litigation, but I'm also terrible at these predictions as the investing world seems to have minimal interest in financial viability. I know in the past when I've looked at Cefeid for offering viable products that have rapidly growing demand and that will only have higher interest as time goes on and adoption of their proprietary proven technologies becomes more widespread I've been shocked to find investors considered it to be an uninteresting company with suffering stock prices compared to other more sensationalist competitors who lacked anything financially attractive to me besides their compensation package.
To avoid the hazard of weighing in on industries I understand, my guess is that very mainstream ETFs and companies that the investor class is spooked away from "normal". I would combine safe havens that have proven resilient to the current crisis with some research into overlooked assets whose value has remained constant and selecting a wide pool of these. For example, money managers prefer having a portion of their portfolios in commodities, but energy and base metals that have normally been the bread and butter of such portfolios are suffering horribly. On a quickie check semi-precious metals, cotton, and livestock are doing quite well. I'd look for moderately well performing ETFs that represent some commodities or other commodities that would be attractive to managers of larger mutual funds.
While getting valuable assets at a bargain would have absolutely been an excellent move when these assets crashed, I would be concerned at the moment that the market has already moved on and the short-term viability in such a volatile environment would leave me hesitant, though as I understand it a fair amount of the crash had to do with toxic financial assets that as a result have been wiped out so I would hardly criticize somebody for disagreeing with me. For more long-term investing I believe that high demand products have suffered irreparable damage to their production infrastructure. While long-term futures reflect this pricing optimism, I do think the market underestimates the long-term damage and has (necessarily, capital is needed right now) taken a myopic view towards commodity pricing.
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...oh gosh, i'm not sure i have the credentials, but i'd be glad to help you at least on some of the legal side of things. and supply side! i help my parents manage their logistics on the bakeries!>>1030403
don't worry, wheatles <3
you are always helping <3 s
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i looked at all your suggestions, and find they are too unpredictable in the current market space, but i think it is all very interesting to look into!
the market... is a bit detached from reality right now. but at least, it is so in a way that can be traced a bit
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My portfolio is down like 30% from 2 weeks ago. RCL puts, USO calls, and ZM puts really fucked me over.
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So in Grand Theft Auto: Chinatown Wars for the DS, there is an included drug dealing minigame. Six types of drugs are for sale: Heroin, Cocaine, Marijuana, LSD, Ecstasy and "Downers" (probably Quaaludes). Dealers would call you and let you know when they were selling drugs for cheap (which wasn't very realistic) and when they were willing to pay extra for certain drugs (a bit more realistic) So I learned that the best way to make money was to wait for certain drugs to sell low, buy as many as I could and hang onto them, and then sell them when the demand was high. Now, if the cops caught you, you would lose all your money and drugs you had on you at the time. But drugs could be stored in your Safe House and the cops couldn't get those. So I started taking taxis home from drug-deals to avoid trouble. It was a little pricey at first, but the profits I was making made up for it in the long run. Cops would also randomly bust any drug deals you would make, the chance of a bust going higher the more money was being exchanged.
How much of this knowledge can I transfer to the real-life stock market, Moony?
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I really don't invest at all. All that is pure guessing for the sake of participation.
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i excited ZM puts yesterday while the going was good, but still lost maybe 15% on that investment
RCL i am not touching, until i can get a better sense of it; it has become completely unhinged from reality
USO calls are a suicidal move, if you ask me. i bought puts two weeks ago when the oil deal was announced, knowing how USO functions, and seeing that oil futures were in serious contango - of all that has occurred, my USO puts are the only green in my portfolio, having seen a 300% increase
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>>1030422>I really don't invest at all.
Where you keep your wealth? In USD? Because although USD is commonly used to measure the value of other investments, its real value can (and usually does) decrease due to inflation. I'd recommend depositing a percentage of each paycheck into a broad-based low-fee index fund.
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(although maybe not necessarily at this very moment)
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Yeah, I know.
But I don't really care enough about a couple percent.
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compound interest is the most powerful force in the universe! do not underestimate a couple of percent c:
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But I'm happy with how much I have. I wouldn't do anything with more except also invest it.
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I've been keeping track of marijuana stocks and made some good money investing in them this past month. I've only just started investing, so I'd love to share info!
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and who could blame you? options are truly akin to gambling
maybe it is finally time to cash out into gold, and just ignore the market until the next leg down? that's my plan... at some point.
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the market is completely unhinged from reality, and we're all teetering on the knife's edge
i'm still being risky
but the smart play? cash. right now, the best move is to move everything into cash, liquidate, draw lines of credit if you must, sit on cash, and wait
i have a number limit in my mind too, where i will do that. if my gains or losses reach a certain point, it is out to cash until i can find a good point of reentry that isn't subject to enormous swings and vix fluctuations
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This is probably a silly question, but how exactly do you get involved in the stock market? I remember doing this thing when I was in high school where you could put in imaginary money, so to speak, and the simulator followed the changes in the actual stock market.
It was pretty interesting, but investing in the actual stock market is obviously a lot more complicated.
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Actually, now that I think about it, if we could find something like that simulator, we as a community could do that without the potential real life losses.
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We did the same thing in high school
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>>1030682>going to high school in Texas
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I like this idea.
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Alright, I'll start a game in a little bit.
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I'll probably be occupied for the next while so be sure to leave instructions for me!
Once I figure it out of course.
Can i trade some celery for some papyrus at the stalk exchange?
Sometimes need rhubarb too.
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Alright, I have it set up and ready for you guys to joinhttps://www.marketwatch.com/game/manehattan-stock-market
The password is "manehattan" (without the quotes). You start out with $100,000, and your portfolio is publicly viewable to anyone else in our game. When you create an account, you'll probably want to use a fake name, but preferably one that we'll be able to recognize you by.
I'm going to make a thread on Ponychan for this as well, I figure it would be more interesting if we had more players.
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oh god now you've triggered me
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Uh...it looks like you can't even join the game until it starts. Oh well, it'll be ready in ~11 hours.
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Oh! Ok, I'll take a look at it in the morning.
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My stocks just went way down, as if they can scare me. Joke's on them I just bought more!
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When in trouble, double!
When it's real shit, triple it!
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my turnips are at 65 right now. i sure hope it spikes between today and tomorrow ://
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Haha what is even going on
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With the US opening up again people will need even more weed to deal with their lives.
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H-how did you know it's weed...??
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Elementary, my dear Dulset.It's the only one that has moved roughly 70% today
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Well I made a bunch of money on it!
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A real nice trade!
Did they publish their earnings or something?>Pic loosely related
I'm not sure. I bought some a little bit ago, and then just recently they did a reverse split, shrinking their volume into fewer more valuable stocks. The next couple days the stock price plummeted
, but I went and bought even more. Then this morning they exploded in value, no idea why or how. I didn't expect it to last so I unloaded for a good profit, and it kept going up. I'm betting they'll have dipped by monday though, stabilizing from the volatility.
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daisy mae was sellin turnips at 91 bells today
and i spent 350,000 bells on turnips
let's freakin go!!!
Ooofh and here I Was feeling like a big spender with 100k.
I finally have some semi-idea of stuff to do with my island, so imma need dat caaaaash
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i grind for nook miles tickets, so the money naturally stacks for me. so it is not a huge deal
ooh that sounds fun! what is your plan my friend?
you also reminded me, i need to save up some money to move everyone onto the coast
I DID earn a good bunch today cause I Realized I had been ording metal like a motherfucker, so I just decided to make a shitload of Barbells.
Like I told you - I am gonna make a big waterfall at the top of the island that splots into two rivers - with the little island in the middle being the museum and a café area.
Then I am gonna put Mabel's on one side of the community center, and Nook's Cranny on the other, to make it a little shopping district. Then I'll put my house and two others there.
Then I'll put four houses on either side of the river up the first incline. From there, I dunno, but I have this design in my head at least.
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My body is ready. I spent 594k bells!
I'm hoping for another 3 mill profit week!
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Well, the first time I did turnip stonks, I made a cool mil. Then I rolled that into a 3 mill bell week. So, I kinda try and do the same every week now.
But but but
Being able to afford that many turneps in the first place
I am tard at Crossing
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Oh. Ohhh... I like... spent very little. Did a few handfuls of island adventures to get extra resources to sell hot items. I stayed at one room with one extra room for a while.
In fairness, I got the game on release but mostly play for an hour or so at the start of my day and only recently even got the Three Star island, so it's not like I really cram like crazy. BUt still tho. I am impres.
I've been playing less and less. Most days I don't play for more than 30 minutes before I get too depressed to do anything. Yay not having the emotional strength to do things!
But, really, that early game, I did get some good weekends in, that's for sure.
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I may take a day or two now where I just play games. I worked on and off on videos all week this week, so some time just terraforming might be good for me
I was pattin for other reasons.
But yeh, like I said, I start my day with a bit of it as of late. It's a good chill way to give yoursef some time to wake up
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I've been tracking my Theta Gang strategy: https://thetagang.com/Saami
I started out with about $6000 on April 27, so I should be up about 10% after a month of doing this.
I recommend trying this if you haven't yet, Moony.
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i've been playing crypto markets, which has been very productive for me.
regular market is just too irrational for me, and it has cost me!
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i needed money cause i, had none! i fought the fed and the, fed won... i fought the fed and the, fed won.
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Everytime I've ever tried to invest in things I've never known what I was doing! It seems like it can be very lucrative! I'm going to keep my eye on this thread and see what ya'lls advice and techniques are!
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The goal is to turn money into more money with as little work as possible.
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Whats the min initial investment to start ?
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I finally got Nintendo Online, so I can go to towns!