Help Buying the Dip!

Hello everyone, not a big fan of creating new threads, but here goes nothing:

Seeing as though the stock market is looking like its going to take a pretty big hit in the coming days/weeks. I was thinking this would be a great time to finally get into the casino with a little light stock buying. I always thought i was going to just go with etrade, and I will admit while i had heard about the robinhood app, i was so out of the loop on that one i never realized it was a stock trading app.

With the recent news about it going down at the worst possible moment in time. I was wondering if anyone else on here uses Robinhood? would you recommend it or if not what trading platform do you use/ would you recommend? It seems like robinhood is cheaper that etrade (fees wise) but i will admit i'm nervous about it going down recently. Do you all think it would be worth it to go with robinhood since this stress test will help them iron out bugs or should i skip it and go with a more "established" trading platform?

What say you ATS, help me buy the dip

a reply to: smkymcnugget420

I take it you are talking about wrestling.robinhood.com??

Buy gold.

a reply to: smkymcnugget420

Wouldn't go with anything being held electronically atm .

That's why they're buying gold isn't it ?

a reply to: DrumsRfun

already did. i have gold and silver (physical). looking to diversify my bonds.

a reply to: DoctorBluechip

most gold being bought is electronic. not many hedge funds & algos are receiving shipments of bullions. they are paper futures.

not looking to sell the farm or anything, just a few novelty stocks for now. considering i bought my first silver at 50 an oz i thought it would be wise to buy low this time lmfao

a reply to: smkymcnugget420

I believe goldmoney.com reserve and insure your bullion so that you can walk up and redeem your physical gold from whatever vault you choose.

Or, if you have a safe place to store yourself just buy the bullion and have it delivered. Although a few years ago i bought 2x 100g bars from bullionbypost and it turned up in an armoured car lol.

a reply to: Grenade

i didn't know that.

very nice. i stuck with single ounce bullion from APMEX.com, and they re all American eagle silver dollars. which are IRA approved, so if i ever wanted to i could hand them over to a fiduciary for my retirement account. but for now i just like to clink them together every once in while lol... the armored car is a pretty sweet touch though!

i just wanted to play around with some stocks and see i can make some short term gains, maybe i'll buy more bullion with any profits i can turn.

#1

Buy low sell high

a reply to: smkymcnugget420

I stick with precious metals myself as they're always a safe bet. The site i use just sends you whatever 1oz silver coins they have in stock and you pay a small premium. I have a collection of silver eagles myself, lovely coin.

Looking to buy another property as well.

Have you looked into crypto? I put £1000 in bitcoin couple of years ago and it's my best performing investment ever! Bitcoin at the moment in a little dip but overall the market looks bullish. I'd put like 5% of your portfolio into bitcoin just in case it explodes, if it drops like a stone you can just write it off.