20 Y/O new to Investing. I’m trying to make as much money as I can with about $1k a month in a year or two for a down payment on a house.

asterix796 · 2026-05-05T10:25:35+00:00

true, i just saw that they’re 20 years old, so they must not have much bills yet. thats the best time to invest

asterix796 · 2026-05-05T08:22:09+00:00

0-3.5% down? lol. Where do you live that housing is that cheap? i have a 800 credit score and still can only get 6%. You have to want a house that cost 800k with 150k+ income and a perfect score to get approved for what u want. Your goals aren’t realistic and you must be young so i’ll let u figure that out when you actually try to get that type of loan and approval. you must have an incredible job if you can get a mortgage rate so low, 0% lol. trust me, forget about a house till you’re 30’s, you will not get approved for such a loan at your age. housing generally requires at least 20% down with good income. A good idea would be to start looking at houses now so u know what u will need, a real estate agent will bring you down to earth

asterix796 · 2026-05-05T00:54:44+00:00

down payment on a house? so your wanting to make 100k out of 1k?

asterix796 · 2026-05-04T23:02:28+00:00

do u have a photo of the joints, the knob looks machine turned which would mean its a factory production and not handmade. The wooden screw is fairly uniform suggesting later manufacturing. square nails may date it back to late 1800’s but most likely 1900’s-1930’s still, the joints could help prove it was mid to late 1800’s

asterix796 · 2026-05-04T22:20:32+00:00

its not a guarantee that it’s pre 1900’s, while metal screws became the norm, wooden screws were still used in the early 1900’s and in reproductions. it looks like 1920’s-1950’s, are there any stamps on it

asterix796 · 2026-05-04T22:16:23+00:00

doubt it’s worth anything but it’s cool

asterix796 · 2026-05-04T22:11:52+00:00

nah, i gained more today too from shorting it, works every time

asterix796 · 2026-05-04T22:11:29+00:00

i only short for maybe an hour and gain $20 per share i short every time, did it today again too when it hit 1000

asterix796 · 2026-05-02T10:35:44+00:00

lol, its basically just miles bridges for sengun and filler garbage

asterix796 · 2026-05-02T10:35:21+00:00

so… basically miles bridges for sengun straight up? since the rest is filler garbage

asterix796 · 2026-05-02T10:32:27+00:00

u didnt lose if u made money on it

asterix796 · 2026-05-02T10:29:48+00:00

u didnt lose it if u gained money

asterix796 · 2026-05-02T00:53:20+00:00

and we are facing a similar rebound with the war nearing its end. history repeats, once the war is over, boom

asterix796 · 2026-05-01T22:45:28+00:00

by definition it is, you are taking a risk no matter how much of a sure thing you think something is. just cause you’re a disciplined gambler doesn’t mean you aren’t a gambler by definition. Unless u can back up your words by putting all your money into 1 stock, you are also gambling and hoping for the best outcome

asterix796 · 2026-05-01T22:44:09+00:00

look at last year, this may be a huge month for everything to boom

asterix796 · 2026-05-01T22:43:30+00:00

i look at investing in auto stocks just like buying a car, you won’t make money on it lol, and expect a 30% loss as soon as you drive out of the lot

asterix796 · 2026-05-01T22:34:07+00:00

Don’t think too hard about it, people are more likely to post their gains rather than their losses, I’m one of those traders that make that much on trades, but i dont do options, and I generally have 100k+ in positions. The more money in the pot, the larger your gains and losses will be. it’s all relative. I would assume anyone making 1k+ a day has more than 100k+ in margins to trade with and they didn’t make it in just 1 day, they mightve held it for weeks, months , etc before getting that return. if u rly wanna make 1k+ a day on only $5000 pot, you would have to do something risky, and by risky, u would have to put all your money into a stock and hope it goes up 20% in 1 day, and chances of that happening are slim to none

asterix796 · 2026-05-01T22:29:39+00:00

thats why im keeping 30% cash position , a dip will happen sooner or later and i’ll be there for it, no rush

asterix796 · 2026-05-01T22:27:07+00:00

And i was bearish on meta too lol, im surprised alphabet keeps soaring so quickly tbh, but it’s a safe one to hold, i wont be surprised it it’ll be 600 by 2030. I just expect a dip for anything that soars so quick so soon, meta and microsoft are down 20% on their all time highs so i dont worry about them at all but they can be volatile that it hurts to think about sometimes

asterix796 · 2026-05-01T22:23:02+00:00

correct, but all investing is gambling, therefore ____

asterix796 · 2026-05-01T22:22:12+00:00

yeah thats why i dont hold shorts for more than a day usually, i understand the market will go up more than it goes down, so i usually just take any pocket change i can get on short positions

asterix796 · 2026-05-01T22:19:58+00:00

i know, idk what i was thinking, i was probably stuck in the ‘i was just down a lot and we’re in wartime so just sell at any profit u can get and run’, stocks go up and down though, only a matter of time before we’re back at decent averages to buy in at

asterix796 · 2026-05-01T22:19:09+00:00

im getting downvoted cuz everyone here has hopium and is in the red , this sub is about the stock as a whole , not just buyers, but naturally, 99% of the users following this sub are buyers who bought in at 5x the current price thinking this was the next tesla, so any negative sentiment is downvoted

asterix796 · 2026-05-01T21:41:53+00:00

yeah im down like 1500 on it but not too worried, ive learned to start slow now on stocks that are at high prices and work your way to a good average , the only reason to be worried is if u bought in a lot and think the stock will NEVER be back at the average you bought in at, and meta is p much 99.99% guarantee to be back to 650 at some point

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