The most import segment of Friday’s “Halftime Report” on CNBC was Prof. Siegel pointing out that wages are dramatically lagging behind inflation “Wages are in CATCH-UP mode!”
The Fed and Wall Street tends to not give a shit about us workers. They seem to be only happy when we are out of work and/or underpaid.
I started with $100 bucks not knowing what the hell I was doing. And now I have… less than that – LOL and stuff – it’s been rough past week.
Yep, after a couple weeks I have yet to make any money trading on Public but I sure have had some fun.
Being able to buy some stock for just a dollar has definitely triggered my collector response. If you look at my portfolio, you will see.
“Ohhhh hey, I like Wendy’s. I’ll take one dollar’s worth of Wendy’s please, thank you!”
“Woah, Costco is on here!? I hate it there but other people like it – I shall have a dollar of that please.”
I have always thought IBM was, like, some elite stock that only snobs and rich folk had. Nope, any idiot can buy a taste:
Most of the pieces I bought when I started were of things I liked, but were also kind of okay to buy. That has been fun.
But I think I am addicted to the stocks.
I have dumped all my cash into my Public account. Like, every fucking dollar I can afford to.
I have not stepped over the line of using money I can’t afford to lose yet. So that’s good, yeah?
Even so, I am addicted to watching the “Top Movers” feed of my portfolio and watchlist.
And this week it is driving me nuts because I only have like five damn dollars to spend on stocks until payday Friday.
So, all I can do is hope for one of the pieces I want to sell will go high enough for me to sell it so I can have some spending cash.
I will go nuts on Friday though, especially if the Market is still in the crapper and everything is red (buy when red, yeah?!).
I may need a handler to keep me in check.
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*This is not financial advise. It is for enjoyment. Be responsible with your money. Don’t do what a dopey blogger does.
**I have a newsletter version of this bloggy stuff on Substack.
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So I got a newsletter over on the Substack side of the blogging/newsletter vibe thing that’s going on here.
It’s the same kinda stuff you find here, only delivered to your previously clean inbox.
I imagine there will be a thing or two different there than here but if you prefer to get emails than that is the thing to sign up for.
Why though? Why would you do this?
Well, I am trying to entertain ya with stock-y content. Trying to let people know that investing is for everyone and some enjoyment can come from it, even if you are losing your ass or only have fifty bucks invested in the whole damn thing.
I am still figuring it all out really. Hope you can tag along and enjoy yourself along the way.
I imagine the regular serious stock person dude scoffs at Public. They may be right in doing it. I don’t know. But it is fun.
One of the fun things is following other Public users and trying to glean some knowledge and enjoyment from them.
After a couple weeks, there are a few worth mentioning:
@Arkygirl43. Makes some solid investments with a mix of short and long terms, with good comments and posts.
@Evangower. Evan has some nice info posts with a mix of photography and insight.
@BrownBagginIt aka “Lunch Money”. This dude seems to have figured it out. He is where I want to be. Helpful insight and regular investing makes him a must-follow.
I am new to Public so I am only scratching the surface of the community there. Looking forward to following more cool people on there.
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Hey there. So, I have a day job that is boring in relation to this, but I am also a blogger and podcaster and a big consumer of creative (mostly writing and music) blogs and newsletters. And I recently got really into investing money into stocks.
I have not noticed many (if any) blogs or newsletters that would fall under the description of a fun, indie, creative, or artistic place, that talk about stock investing. So, I have decided to start my own.
In my head, this will be like an indie zine or bi-weekly paper. Like if a hardcore band started worrying about investing in the stock market and wanted a place to hang while it was figuring that out? Yeah, that is kinda the vibe I am pushing for here.
I am newish to this stock market and investing thing, even though I shouldn’t be – new to paying attention to it, I should say. I am learning more each day, but, so you know, the keyword is learning.
What I want, someday, is to not have a day job.
To not have to show up to work at someone else’s place, every damn morning. To not have a boss. To retire from all that crap. To live life how I want to.
Yes, I guess we all want that. But that takes money.
I heard a thing the other day that this New York Stock Exchange place as some money. Or it, like, points you to things that might generate money (or freaking lose money).
That is where Buy When Red comes into play.
At the moment, I keep it simple with my investing. I buy (if I have the extra cash) when something is in the red (low) and don’t sell until it’s in the green. That is basecamp for me and we’ll see how far I can go.
I know stocks and a zine don’t really go together but that’s why I kinda like it. It all sounds kinda weird. The two worlds don’t really bond.
But I hope you join me in this bonding experiment and find some joy and entertainment from this blog.
Thanks for being here.
-Mikey @BuyWhenRed on Twitter and Public.
DISCLAIMER: Investing involves risk. Any information shared here is for entertainment and informational purposes only and not intended as investment advice. Do your own research and take great care with your money.