Have you ever invested your money (or not your money 😂) before?

@sarabee1995 RE: hill

LMAO

No. It's a small hill. I guess you could put a small prefab barn-like little outbuilding for a mower, etc., on it...but not a house. lol

Here...it's called "Monkey Hill", it's in the Zoo:

[quote]The Audubon Zoo of New Orleans opened in 1914. The city of New Orleans, on average, is about 6 feet below sea level. Monkey Hill was built inside the zoo in the 1930’s to ‘give’ the children of New Orleans a hill to climb. As a child, Monkey Hill looks like a large mountain… as an adult I now know it is only maybe 11 feet high. Regardless of is true height, Monkey Hill holds special memories for all the children who have visited the zoo and made the big climb all the way to the top.[/quote]

See [i]https://www.monkey-hill.com/our-story/[i]

...which has a non-working photo...hmmm

They have really redone it, now, but this is what I saw years ago:

@SomeMichGuy oh that's funny! 🤣

@SomeMichGuy cool looking hill, even has a tree

@exexec yeah crypto is a straight up gamble, unless the patterns are predictable

@Dan193 I'm not willing to put any money in it.

@sarabee1995 If you took time to understand the market and what you are investing in, you would be more comfortable. Mac had horrible investments when we married, and it took a year to get them straightened out. Some flat out stole from him and my day job helped with that. I didnt even ask him I just jumped on it. I suspect he knew he had issues there. Real-estate doubles in value every 20 years. That's predictable but slow. Day traders can teach you what you need to know to not have to work after you make some sizeable gains while working. Its their thing. They just watch stocks every work day for a few hours and then go live their lives.

@TexChik But they are interested in stocks. I'm not. So that few hours a day would be much more painful for me.

I was taught that life is a marathon, not a sprint. I'm ready to buy a third condo and I could live in it and have the first two just pay for it. I've run the numbers. That would work. Then my income in my next phase of life would go toward more properties. It's slow and steady growth. More my style.

@sarabee1995 It was easier for me because I married into it. A genius with an inheritance and no money sense. My first firm matched whatever put into my 401 K. I put my entire salary in there. After 17 years , it was a pretty penny when I left there.

@zonavar68 if you don't plan on keeping the stock for a long period of time, there are different types of short term investments strategies you can use, that don't require massive ammounts of money to get profits from blue chip companies

@zonavar68 Can't you imvest in an index fund?

@SomeMichGuy Don't know what that is. I'm not actually interested in investing as it's just capitalism where if you win someone else has to lose. Money supply seems infinite (but it isn't, even with fiat currencies).

@Dan193 I'll tell you something my Grandpa told me long ago. buy what you need not what you want and there will be money left at the end of the month

@saragoodtimes I acrually went and hugged my mom just now 😅
Thanks for the advice, I'll keep that in mind

@saragoodtimes My grandfather told me the same thing!!!! And I've done that and been able to set aside and invest most of what I've made since finishing university.

@Ynotisay Nice profit either way. Can't live in regret for leaving money on the table; other people blow their accounts and maybe even end up in debt. So you're good. Just don't think about it, and move to the next one.

@Dan193 Absolutely. You try to make the right decision at the time. After that it's in the past. Woulda - Coulda - Shoulda doesn't mix with investing. You'll drive yourself nuts.

@Ynotisay exactly 👍

@Tastyfrzz well you could always try to catch a wave 🏄‍♂️

@Dan193 check out AWK: American water works. MP: mountain pass, and FINX.

@Tastyfrzz Actually, most people have their 401(k)'s, 403(b)'s, etc., invested through large firms (Vanguard, etc.), TIAA/CREF, and so on.

And if you follow Bogle's advice and invest in indexes...

@zonavar68 symbolic, but it's a nice surprise to get in the mail

@Dan193 Gets put into my bank acct directly - cheques are quickly disappearing here and most banks and businesses no longer support them.

@mrh1972 I invested in Ripple Labs...took the money in December last year. Since then it's gone down so I'm glad I did 😂 I have a family member who has made tens of thousands on that site, and know someone who invests for a living on there.

@Dan193 XRP is all I've traded so far...and I was lucky

@SW-User yeah 2020-2021 you could make money pretty much off of anything

@TinyViolins yeah, we took it for granted

@SomeMichGuy sweet

@DallasCowboysFan Options gave me a lot of stress and it was hurting my work performence. So it's a double edged sword, especially if it's short term contracts and not leaps.
I still prefer them over stocks.

@markansas Aren't all nickles worth a nickle???

@sarabee1995 ...face value v. intrinsic value.

Face value of $10,000 bill = $10,000;
intrinsic value ~ $0; I'm not sure of the numismatic value...

@sarabee1995 nickle the metal price is going up in value.. now its at the value of the coin and soon the metal value will be higher than the coin.. so saving them now is a good investment
like the penny is copper price of a penny is bout 3 cents even tho it is a penny. the melt value of the coin is what i was taught to look at .. so every pre 1982 penny is worth three times the value of the coin.. its good investment.
[image deleted]and it looks like the copper price has went down a bit.. it will go back up tho.mark

@KingofPizza2 what stock was that? The 30x one.
And sorry about the 90% one. You win, u lose some ig

@Dan193 Haha yeah it’s all part of a larger strategy so any individual stocks are not a huge part of the total

And the 30x one was CELH - purchased in November 2019 for something like $3.20, closed today at $101.25

@KingofPizza2 niice

@Dan193 $POWW which took a nasty 15% tumble today... Ouch! It will bounce back.

@GerOttman always 🤞

@Dan193 It's not really 'down', it's just 'on sale'. Hopefully, this week only!

@Dan193 I use stash as my banking company, and they offer stock trading/investments as well. And when you use their debit card, they automatically invest a portion as “stock back”.

@MorbidCynic sounds like a scammy bank, but then, what bank isn't? 😂

@Dan193 they’re actually pretty popular. I never had an issue and I’ve been with them for 3 years.

@Justafantasy sweet, whats your fav stocks?

@Dan193 banks generally. Simple 4% dividend in a DRIP

@zonavar68 depends on what you're investing in ig

@Dan193 its still going... and it sextupled over the past 10 years

@Tracos what is it?

@Dan193 shares with an acceleration system

@markansas haha niiice

@BeefySenpie what's your fav one u own?

@SW-User you think it's a scam?

@Dan193 A huge part of it is scam, and the rest is pretty much gambling.

@SW-User what makes u think that? Know anyone?

@MURD3RM0NK3Y how long you've been using it and is it worth it?

@Dan193 The app does everything for me. I think I haven't made any profit honestly

@MURD3RM0NK3Y well, as long as you don't lose any, it's not too bad.

@lumberjackslam That's because I'm actually a hot 20 yr old chick 💁‍♀️ That's how the internet works

@markansas I had to add that part when I had no response

@lumberjackslam its sometimes timing and where ya post it .. random has lots of followers. also the more people ya know helps.. mark

@DDonde good job

@Dan193 Why?

@Azlotto which one is your favourite?

@Dan193 The one that's paying out the most dividends now is a health benefits company.

@Darksideinthenight2 hah omg as soon as I read china. Poor dude, hope he finds a way to get out

@Darksideinthenight2 yeah that's true. Everything seems to be so volatile right now