Hmmm. I have mixed feelings about your endeavor to make money in the stock market to buy figures. On the one hand, it is good to invest in stocks for the long term (say 10 years) because they usually yield a return that is superior to many other investments so getting in the habit of investing is a laudable goal. However, if you are just speculating to make a quick return in the stock market, then it can lead you down a slippery slope where you are taking on more risk at losing money than you should.
Now, if you are investing for a long term goal like retirement or a new home and you happen to make some money doing it that puts you in a better long term financial position, then it could very well be the case that your better finances make you more comfortable to spend more money on figures. But, I don't think that speculating in the stock market using the wheel strategy solely to buy more figures is an advisable thing to do.
One thing that particularly concerns me is that you just said that you moved into a new apartment which I assume means that you pay rent. But, it is likely that saving up money to eventually buy your own home will be a better "investment" than paying rent in the long run. So, things like saving up money to buy your own home should be a top priority in many situations. I am incredibly glad that I eventually saved up enough to buy my own home and now I'm in a great situation where my living expenses are incredibly cheap. Sure, I've had to spend on some major repairs on occasion, but when I see that monthly rents are $1,500-2,000 in my area and my expenses are less than 50% of that, owning your own home can be a very prudent financial move.
The fact that my expenses are low because I made the right financial moves regarding my living expenses allows me to invest in the stock market. But, one piece of investing advice I like to follow is to "keep it simple". I sometimes write covered options but because they are always "covered", it is a very safe strategy. However, most of the time I keep it extremely simple and rely on the strategy of buying stocks when they are low (and out of favor) and selling stocks when they are high. When a buy I stock, I usually have an objective price where I will sell it. So, if you stock gets to objective price, then sell it. Pretty simple. If things go well like during the big run-up in prices the past 2 months, you may sell it after a month or two even though your intent was to hold the stock longer. You should evaluate your objective prices on a regular basis to see if they make sense.
We had a great opportunity earlier this year to buy stocks when they were out of favor so you didn't have to do anything sophisticated except buy after the market declined by 30%+. Investors were panicking and thinking that COVID-19 meant doomsday for the stock market but the people who sold made a big mistake because if you had bought while everyone was selling and panicking, you would be sitting on 20-40% returns in the matter of month or two. I personally think the run-up in the stock market to within 5% of previous all-time highs is a bit too much, too soon so it may be a good time to sell and pocket some profits if you did buy low.
Lastly, it feels good when you make money in the stock market and feels bad when you don't. But, I don't let it drive my figure buying since figure collecting is simply a short term expense and I want to make the most sound investment decisions for the long term.
let's hope he comes with a violent emotion head.
Hmmm. I have mixed feelings about your endeavor to make money in the stock market to buy figures. On the one hand, it is good to invest in stocks for the long term (say 10 years) because they usually yield a return that is superior to many other investments so getting in the habit of investing is a laudable goal. However, if you are just speculating to make a quick return in the stock market, then it can lead you down a slippery slope where you are taking on more risk at losing money than you should.
You just made me spend $125. I hope you feel bad.
Does any one know where I can order this? I usually buy from Amiami but it's not available there :/ (hopefully it would be available there soon?)
Welcome to the board superfunker! :)
HAPPY BDAY!!!! Ｏ(≧▽≦)Ｏ
holy shit, this is actually phenomenal
Cool weapon :-))))) reminds me on counter strike. XD