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Jeffrey
Why do people even buy stocks to begin with?
Why do people buy stocks to begin with? For example there are companies out there that don't even pay dividend. Why Do people even buy stocks like this to begin with? What do they get out of it? Are they just buying so they can say they are a proud owner of XYZ company? It doesn't make any sense.
And if people don't get anything from buying the stock, then why does the share price increase the begin with? I know the concept of supply and demand, but that still doesn't make any sense.
Purchasing a stock that does not pay a dividend, does somebody from the company come out to your house five times a week and give you a full body massage? I don't understand why somebody would buy something that does not give them anything.
6 AnswersInvesting1 month agoIs gamestop proof that the stock market makes zero sense?
Read before you respond.
What's the point of even buying stocks if the fundamentals don't reflect the price in real-time instantly? For example we all know GameStop is a piece of crap and should go out of business already. But we have a bunch of morons playing a game of Casino, pumping up the price, what's the point of even buying stocks if a bunch of people can get together and artificially inflate the price? not reflecting its true value whatsoever.
Technically speaking, they could continue to do this forever, nothing is really stopping them. And, that means the stock market is only backed by people blindly buying and keeping the price afloat rather than buying based on fundamentals.
Basically, I could open up a shoe shining stand on the sidewalk hypothetically speaking, maybe only have $1 in the bank but as long as people buy my stock just for the fun of it, it will continuously go up. This doesn't make any sense whatsoever.
3 AnswersInvesting1 month agoWhy are successful day Traders with verified profit trying to sell courses?
Why would a good day trader with verified profits try to charge money for courses or to charge money to have people in their chat room? One traitor was the co-founder of ticker talker he charges $20 a week and also charges for courses. Why would a highly successful Trader need to do this? It doesn't make any sense. Is there something I'm missing?
For example Ross from Warrior Trading and makes these huge amounts of money every day from day trading but for some reason he tries to sell courses, access to his chat room, gives YouTube commentary a whatsApp number and when you message that WhatsApp number attempted to be sold something by somebody. Is there something I'm missing? With huge verify profit, why would they try to considered small amounts of money from people by selling lessons and things like that?
4 AnswersInvesting2 months ago3 years in a row the IRS has not received my mailed in tax returns?
Literally the past three years I have mailed my tax returns to the IRS only to have them not receive it despite the tracking number showing it was delivered. Finally, my last attempt to fax my tax returns to the IRS and I still haven't heard anything back from them. Why are they so incompetent?
And am I going to get in trouble because of this? I literally haven't had a tax return processed in 3 years because they consistently lose my mail or never get it.
7 AnswersUnited States2 months agoDay trading ?
Don't give me a smart ahss or useless answer.
Is there anybody out there who is consistently profitable day-trading? it seems so hard to get a straight answer from somebody on here. Either somebody is a smart-ahss, a ball buster, or says something stupid.
Long story short I been practicing day trading with real money and in the simulator only for the past 4 years, only to have inconsistent profits.
With the thousands of hours I've practiced and with everything I've learned, its still so goddamn hard to be consistently profitable and the stress level from the volatility almost makes it not even worth it.
7 AnswersInvesting2 months agowebull Desktop Price action slow and delayed not real time?
is anyone else experiencing this? On my webull app on my phone, the stock ticker price for a stock updates instantly up and down just fine, but on the desktop version it is extremely delayed. My internet connection is good and I have a powerful computer. the volume bars on the desktop version Don't even update in real-time, I have to constantly refresh the page.
Anybody else having this problem? any solution?
2 AnswersInvesting2 months agoCan i get steel directly from the steel mill?
I go to my local steel shop in my city to have custom steel plates cut out, they told me that they get steel from the mill and the price changes like crazy. When they say Mill, what exactly are they talking about? In is there anyway I could go directly to the mill and get giant steel plates from them as a supplier rather than going to my local steel working shop? This way i can save money. Or do i need to be an actual steel cutting shop in order for the mill to want to sell to me? I would be buying large quantities
4 AnswersEngineering2 months agoWhy are stupid people buying gamestop stock, it's a piece of garbage?
Just another example of how the stock market makes no sense whatsoever. Like seriously gamestop? Every gamestop I walk in to practically has no customers, and is depressing as hell. Cds are going to be non existent one day, there is nothing gamestop can't do that Amazon or any other website can do basically better.
Why do these useless companies go up so much in the stock market? It only proves that the stock market makes no sense whatsoever I'm sick and tired of it. Makes me so god dam mad, Haven't you have all these stupid Robin had traders thinking they're sophisticated investors when it was all really just dumb luck. The stock market is such a goddam joke
3 AnswersInvesting2 months agoWhere can I sell more?
I have a new company manufacturing ballistic plates and plate carriers. It is the cheapest bulletproof vest you can find anywhere. They stop common handgun rounds and sell for $120 each. Right now I'm selling everything through the website, but I would like to find other ways of selling my vest. Can you recommend any other place? Or any other type of resource for me? Thank you very much
I would love to get a contract of some sort to sell them in bulk. Any ideas would be greatly appreciated. Right now I'm using the website and Google AdWords which is working okay but I want to get to the point where I'm selling 10 best today. It's a great product and I'm not sure why more people aren't lining up to buy a lot of vests.
Other - Business & Finance2 months agoQuestion for everybody?
is there anybody who once had a gym membership and still hasn't returned to the gym because they are scared of covid-19?
1 AnswerDiet & Fitness3 months agoInsane and scary noise came from my wood stove?
The only way I can describe it was as if there was a giant woodpecker in the wood stove pecking away at a 100 pecks per minute very hard and super loud. What could that be?
5 AnswersOther - Home & Garden4 months agoWhy is everyone so crazy about buying at such high nasdaq levels ?
I swear it drops like $1.00 and everyone thinks its the dip of a lifetime. Why are people so sheepish and stupid as to dump their hard earned money into a bubble that is only as high as it is due to the fed and manipulation? Its not priced correctly right now, but idiots can't help pouring all their money into it. Wtf is going on?? When will this mother of all bubbles pop?
4 AnswersInvesting4 months agoIs it true that auditors in China are pointless when it comes to stock plays?
There is a Chinese company that looks very attractive fundamentally, but I don't know how trustworthy the numbers are. Can Chinese companies lie about their fundamentals in their financial statement and go unharmed because of it? I heard that Chinese auditors who try to protect investors interests in the USA get executed.
1 AnswerPersonal Finance6 months agoIs the stock market proof that most people are actually dumb?
markets are up right now just because of extra stimulus talks, but in reality the effects of stimulus are only going to last about 2 months before things go to crap again. Why are people so stupid?
5 AnswersPolitics6 months agoNever flown before and have a question?
I've had ear surgery since I was a kid up until I was about 13. Probably about 20 times, mostly to have tubes put in. therefore I've never flown because I've always been paranoid I will sporadically go deaf and have my eardrums rupture on the airplane. therefore if I want to go someplace far I literally have to drive 20 hours, and I'm getting sick of it. I have a question about ear pressure on airplanes.
When driving on mountainous roads or even regular roads in dips on the highway, you will get ear pressure in your ear sometimes.
My question is, is the ear pressure on an airplane 100x worse than the type of ear pressure you get driving in a car when going up and down dips on the road?
6 AnswersAir Travel6 months agoHow can anyone be at peace without alot of money?
I see so many people who seem to not give a rats azz about how their financial situation is. These people are behind on everything, rent, cell phone, and most of them even have kids which makes them even more broke! How TF can anyone be so passive about their security? How do these people obtain peace of mind at all??? They seem to not care. As if they just let go of caring about what happens.
I have enough money to float myself without any income for at least 3 years and still have a constant impending feeling as is im lacking or behind. What is the secret to these un-caring people??
13 AnswersPsychology7 months agois regular usps mail taking longer?
Something was mailed out from NH on the 10th going to TX, just regular paper mail and still hasnt arrived. Are there still delays? Its been 3 days already
3 AnswersSmall Business7 months agoAm I the only one who thinks the NASDAQ is ridiculously overdone right now?
Let's be real seriously...
5 AnswersInvesting8 months agoLaptop screen question?
The screen on my gaming laptop broke, it is a 40 pin, 15.6 inch screen. Can I get any generic 40 pin 15.6 inch screen and use it as a replacement rather than getting the manufacturer's exact model number screen?
2 AnswersLaptops & Notebooks8 months ago