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Old 06-27-2016, 11:23 AM  
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Investing megathread extravaganza
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Old 07-27-2021, 06:26 AM   #10831
MTG#10 MTG#10 is offline
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Quote:
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If anyone has some Chinese stocks you might want to bail out.
I wonder if Chris Sain ever admitted he was wrong about FTFT and that it is a Chinese scam?
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Old 07-27-2021, 06:31 AM   #10832
Hog's Gone Fishin Hog's Gone Fishin is offline
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What about (NSAV)

Currently trading at .05

Anybody have any thoughts on this one?

NSAV ANNOUNCES IT'S ON SCHEDULE FOR AUGUST 9, 2021 LAUNCH OF CRYPTOCURRENCY EXCHANGE
9:20 AM ET 7/26/21 | GlobeNewswire
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--
Symbol Last % Chg
NSAV
0.05 0.00%
Real time quote.


NSAV ANNOUNCES IT'S ON SCHEDULE FOR AUGUST 9, 2021 LAUNCH OF CRYPTOCURRENCY EXCHANGE

NSAV DIRECTOR AND BITMART EXCHANGE MANAGING PARTNER, MR. YUEN WONG, TO PROVIDE VIDEO UPDATE TO SHAREHOLDERS NEXT WEEK

London, England, July 26, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company is on target for the August 9, 2021 launch of its wholly-owned Cryptocurrency Exchange. Mr. Yuen Wong, NSAV Director and Managing Partner of leading Cryptocurrency Exchange, Bitmart https://www.bitmart.com , will give a video address to shareholders next week, updating the status of the exchange, which will carry the NSAV brand name. The launch will officially mark the Company's entrance into the $2 trillion global cryptocurrency market and make NSAV only the second U.S. publicly traded company to own a Cryptocurrency Exchange, following the Coinbase https://www.coinbase.com/ IPO in April, which valued Coinbase at over $85 billion.
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Old 07-27-2021, 07:33 AM   #10833
scho63 scho63 is offline
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This market is feeling a little top heavy.
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Old 07-27-2021, 09:16 AM   #10834
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Blood in the streets esp. Chinese stocks. Will be bagholding NIO til this blows over I guess.
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banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.
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Old 07-27-2021, 09:30 AM   #10835
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I miss the good old days when my portfolio was green... when will the pain stop.
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Old 07-27-2021, 11:10 AM   #10836
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Old 07-27-2021, 11:12 AM   #10837
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Who reported bad earnings? I saw that this was a big tech earnings week, and the techs are taking a beating right now.
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Old 07-27-2021, 11:41 AM   #10838
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Who reported bad earnings? I saw that this was a big tech earnings week, and the techs are taking a beating right now.
Maybe the Chinese market taking a 15%+ beating over 2 days, worst loss in 13 years, is causing fear.
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Old 07-27-2021, 11:45 AM   #10839
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Maybe the Chinese market taking a 15%+ beating over 2 days, worst loss in 13 years, is causing fear.
Yes, the correlation between some Chinese indices that have been getting bludgeoned and the TSLAs of the world is uncomfortably high (think 65-75%). There’s no doubt some general derisking going on right now and that will hit all correlated exposures.
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Old 07-27-2021, 12:47 PM   #10840
ChiliConCarnage ChiliConCarnage is offline
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Maybe the Chinese market taking a 15%+ beating over 2 days, worst loss in 13 years, is causing fear.
Probably the reason for a down day but the Nasdaq is down by a lot compared to the other big indices. I think you had a +9% short term Apple trade recently. All of big tech has ran pretty good since Delta got in the news. AAPL, MSFT, GOOG earnings all after the bell today.

Not a bad day to sell some. Seems like more downside risk than upside holding to me after a really good run up.
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Old 07-27-2021, 01:15 PM   #10841
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If anyone has some Chinese stocks you might want to bail out.
You're two weeks too late - nice timing.
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Old 07-27-2021, 01:22 PM   #10842
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Old 07-27-2021, 03:01 PM   #10843
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I know this is a dumb question and probably already covered to death in this thread but,

I just opened up a Roth IRA for the first time through Fidelity and deposited $500. Do I have to do anything for it to grow once the funds clear from my checking account? Like do I need to choose what the money I contribute is invested in or does Fidelity handle that for me while I just collect dividends? I plan on adding $500/month for the rest of the year then continue that next year to meet the $6000 contribution limit for 2022.
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Old 07-27-2021, 03:04 PM   #10844
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I know this is a dumb question and probably already covered to death in this thread but,

I just opened up a Roth IRA for the first time through Fidelity and deposited $500. Do I have to do anything for it to grow once the funds clear from my checking account? Like do I need to choose what the money I contribute is invested in or does Fidelity handle that for me while I just collect dividends?
A lot of places will automatically dump it into a money market account for you, but that's a pretty poor way to have it grow. You'll want to invest it just like any other brokerage account. (Might I suggest index funds...)

Regardless, note that you'll need to do it each time you make a deposit. That can be a pain, but if you get on a schedule, I'd guess you can set up automatic deposits and automatic buys. Fidelity can probably help you figure out the best way to do it to meet your needs.

Do be aware that Roths are capped at $6k per year, so don't go too nuts.
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Old 07-27-2021, 03:09 PM   #10845
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Do be aware that Roths are capped at $6k per year, so don't go too nuts.
That $6000 limit is only for deposits, correct?
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