So this method spreads the cash with a little hypothesis. Also not knowing how much to DCA each time can be equally crappy. Waiting for bottom and dumping it all in would be ideal, but just isn't possible. People start recommending you a ton of tech stocks who all have seen huge growth already in 2020. You want a recommendation for a buy seemingly without any motivation to do your own DD. ago You have entered a sub where 90 of the posts are newbie Investors hyping tech stocks. This way, even if the market turns around in a few months, I'll have something rather than nothing. 234 234 comments Best Add a Comment ganbaro 2 yr. Then I divide the free cash I have by that time period, and set new ever receding buy limits at lower and lower percentages, so I DCA in proper chunks along the way. 2 Reddit Stocks to Buy and Hold for Years By Jennifer Saibil at 11:30AM Key Points E-commerce giant Amazon continues to find ways to grow and thrive. Next, I calculate the percentage difference from current to what I think bottom will be (for example I think it'll drop another 16% from now until roughly March, 2023, and will be wrong). That said, you will be wrong, but it's better than nothing. I have my own method of doing this, typically by watching the slope created by each new bottom over time, and predicting where it will eventually stop, flatten and begin to recover. Your best chance in situations like these with free cash is to try and guesstimate the bottom and when it will occur (you will be wrong). Most information to help you learn and practice can be found in our wiki. Related Subreddits (see the rules above for related subs as well) 7 Reddit Penny Stocks About to Explode Amarin (NASDAQ:AMRN) 1847 Goedeker (NYSEAMERICAN:GOED) Iamgold (NYSE:IAG) OMNIQ (OTCMKTS:OMQS) OPKO Health (NASDAQ:OPK). Read here for more info.Īlmost any post related to stocks and investment is welcome on /r/stocks, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks outside this is offtopic and can be removed. Consider posting to r/SPACs, r/pennystocks, or r/weedstocks instead. No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Non-ETF-related Crypto goes on r/CryptoCurrencies info. No bitcoin or crypto discussions unrelated to stocks. Trolling, insults, or harassment, especially in posts requesting advice, will be removed. Posts regarding this topic will be automatically removed. ![]() The Robinhood app should be discussed in /r/Robinhood. ![]() Low effort mentions for meme stocks will be removed, see here. This retail investor enthusiasm has also improved the company’s financial footing. Instead, advertise here.Ĭontext & effort must be provided empty posts or empty posts with links will be automatically removed. Yet, in the past month, Reddit traders have piled back in, sending it up 69, to around 5.42 per share. Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. Rules (in depth rules wiki here)ĭisclose any related open positions when discussing a particular stock or financial instrument. Almost any post related to stocks is welcome please read the rules below:Ĭlick here to find how many days old your account needs to be and how much karma you need before you can comment or post to r/Stocks.
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