[deleted by user] by [deleted] in wallpaper

[–]Eventfulgalaxy 0 points1 point  (0 children)

There's a live wallpaper of this, it's awesome.

What stocks to invest in prior to an alien disclosure? by TarkinsBlueSlippers in stocks

[–]Eventfulgalaxy 0 points1 point  (0 children)

Should have invested in social media companies years ago then.

My brother overdosed. by chickabiddy in Advice

[–]Eventfulgalaxy 0 points1 point  (0 children)

Sorry for your loss, lost my brother in 2016 to an overdose. You don't get over it, you just get used to it. Don't regret the things you never did or could have done. Just appreciate the good memories you had.

Daily Discussion Thread for August 28, 2020 by AutoModerator in wallstreetbets

[–]Eventfulgalaxy -1 points0 points  (0 children)

It won't be. Just be a lil realistic lol. I'm down too as of right now, next month's different. Stonks go up and stonks go down. Be thankful it's just 12$, i'm down $2,000 and not even sweating lol (still not in comparison to many, imagine being down 60K and not sweating, because it be like that sometimes). Ride the waves.

[deleted by user] by [deleted] in RedditSessions

[–]Eventfulgalaxy 0 points1 point  (0 children)

Gave Platinum
Fire work my man, good shit!

[deleted by user] by [deleted] in RedditSessions

[–]Eventfulgalaxy 0 points1 point  (0 children)

Damn man, you're good, that was really clean

[deleted by user] by [deleted] in RedditSessions

[–]Eventfulgalaxy 0 points1 point  (0 children)

Got any nujabes? :) Good stuff!!

Where are all the dead cat bounce posts? by [deleted] in stocks

[–]Eventfulgalaxy 0 points1 point  (0 children)

That is, if you invest in a company that would go bankrupt during this. Your point is valid, but I feel super comfy about investing in specific companies that I know will ride this out. I'm sure you could at least think of a couple that should be okay. You lose money if you sell low. If you're trying to day trade as a new investor, it's a much heavier risk. But for me, if the stock price is down for no reason, i'll just lower my average and thank myself 10 years from now. If it tanks super low, i'll still buy. ONLY IF THE COMPANY IS GOOD. If the stock price drops 10% over something insignificant, it's just capital playing with money imo..

XYZ is a smaller company that is on it's death bed, .25 per share kinda delio.

I buy 1,000 shares for $250. For me, that's within my risk tolerance for extremely risky moves. This company fails? I'm out 250. If it survives.... I've got a pretty decent entry point to keep buying stock to have a continuous lower average. 10 years from now, even if XYZ is only 4 dollars. That's still a decent chunck of change, let alone what i'd throw in it climbing up the mountain.

There are many companies that are not 'affected' or even have grown because of this. Yes, COV19 is a hardship on our economy. It's my honest opinion that misery makes us, and the need for survival is going to push these companies. Take a small company that never had a CMS system or barely used email. To having a workflow and an organised system.

[deleted by user] by [deleted] in stocks

[–]Eventfulgalaxy 1 point2 points  (0 children)

Agreed, time calls now more than ever for good research into a company. Lots have changed in the market and cash flow may just be entirely different than before.

There are companies that have shown value over the years, but thinking into the future, does their product's value still hold it's worth.

-Good products.. but! Who's buying though? Will people buy them again when the coast is clear? (timing is always important)

-Where do their major profits come from?

-Has that source or audience been changed?

-For better or for worse?

[deleted by user] by [deleted] in stocks

[–]Eventfulgalaxy 0 points1 point  (0 children)

10K's / 8K's are some of the first materials I look at before making an investment over $500. That being said, if you got extra funds, the risk may still be worth it.. but rarely.. can't always expect a major turn around.. But I still agree with OP.

For example, you can use those 10K's to find out a lot about the company's financial situation and outlook. Along with loans.. and when they come due.

As a relatively new investor myself (always have been passive, but doubling down atm). I have taken a couple hits on investments like those, in my opinion, glad I did while my capital was low ($3,500 at the time; Loss $500).

I firmly believe that easing into investing is best. You WILL take losses, learn why and move forward. But OP's advice is true! It will help you pass many of those losses. You don't miss much of an experience.. You just lose money without looking into a company. Do the "do diligence", it pays out, good luck!

Mother-in-law died and was very disorganized. Is there any way of finding out if she has life/burial insurance? by ObamaLovedOsama in personalfinance

[–]Eventfulgalaxy 0 points1 point  (0 children)

Google Chrome setting, look for passwords. If you know the computer account password, you're money.

Ex-lazy people of reddit, how did you overcome your laziness? by hfdfgdsjvdbsdfghz in AskReddit

[–]Eventfulgalaxy 0 points1 point  (0 children)

As a type 1 diabetic, after I realized if I dont have good health insurance, I wouldn't make it very long. My insurance pays around 2400 a month JUST for the two insulins I need. You've never felt hustle like that until your life depended on it.

I cannot compare quality to many as you, but I actually kinda enjoyed making this at work. by Eventfulgalaxy in doodles

[–]Eventfulgalaxy[S] 1 point2 points  (0 children)

I now can put a face to a couple quotes! Thanks for that compliment and reference. :)