Have you ever played the stock market?
I haven't I always thought it was for rich bastards 🤭
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Jimmy2016 · 61-69, M
🤔.........There many trading platforms that your can buy and still stock online. Just need to create an account and stick some money in it. Then some Due Diligence on companies before you buy their stock. Trading Platforms also let you use simulated money accounts to buy stock to follow the stock and to learn strategy on your investment plan.
It's easy to lose your money, so you need to know how to invest into the stock market and perform Due Diligence when buying stock.
Example, I bought some stock into a company that has been around since the 1980's. The company had been doing good and was bought out a couple of times since the 1980's. So in 2021, I invested and bought 1,000 shares of stock at a vary good price. Then in 2022 the company filed for bankruptcy and the stock crashed down to $.02 a share. So, I thought, now I have to hold onto the stock until the company restructures and comes out of bankruptcy........Well the company made some deals in court to payoff the creditors, penny's on the dollar, of course. Also the company worked it out that they would pull all of the outstanding stock out of the market and basically cancel out all the shares. So POOF, lost all my share's and then the shares just disappeared from my trading platform........So I lost all my money on that investment............
It's easy to lose your money, so you need to know how to invest into the stock market and perform Due Diligence when buying stock.
Example, I bought some stock into a company that has been around since the 1980's. The company had been doing good and was bought out a couple of times since the 1980's. So in 2021, I invested and bought 1,000 shares of stock at a vary good price. Then in 2022 the company filed for bankruptcy and the stock crashed down to $.02 a share. So, I thought, now I have to hold onto the stock until the company restructures and comes out of bankruptcy........Well the company made some deals in court to payoff the creditors, penny's on the dollar, of course. Also the company worked it out that they would pull all of the outstanding stock out of the market and basically cancel out all the shares. So POOF, lost all my share's and then the shares just disappeared from my trading platform........So I lost all my money on that investment............
