More Bargain Hunting Today
By Jim Bauer
@porwest (78759)
United States
August 22, 2022 7:58am CST
No, no. Not in the grocery store. I am talking about in the stock market. But of course I am. Because my aim is always to increase my profits and take advantage of little downward spikes in the markets to add to company's I like and get more shares at a slight discount.
The markets were down on Friday, and it looks like they will be down a bit today as well. While I did no buying on Friday, I will do some today.
Considering what the pre-markets look like this morning I should be able to get some pretty good deals. More shares, more dividends, and more future profits. What more can a guy ask for on what would otherwise be just another crappy Monday morning?
13 people like this
12 responses
@moffittjc (118555)
• Gainesville, Florida
23 Aug 22
I just put a nice little chunk of change in my investment accounts to take advantage of the down market. Exciting times. Like you said, future profits and dividends!
I could probably win the lottery and it still wouldn’t change the fact that Mondays are crappy. Lol
1 person likes this
@moffittjc (118555)
• Gainesville, Florida
26 Aug 22
@porwest I think Mondays should be half days, to ease us back into the work week. And then, of course, fridays should also be half days to ease us back into the weekend. I think that’s the only fair way to do it.
1 person likes this
@porwest (78759)
• United States
27 Aug 22
@moffittjc I am going to suggest this to my boss and see what he says. Please stand by. lol
1 person likes this
@RebeccasFarm (86823)
• United States
22 Aug 22
Crappy Monday is right..but good luck to you Jim
1 person likes this
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Hope something good comes out of your bargain hunting today!
@lovebuglena (43081)
• Staten Island, New York
22 Aug 22
It's rainy and gloomy here. Good luck in the market. Hubby has a few stocks but I don't play in it (if that's even the correct word).
1 person likes this
@lovebuglena (43081)
• Staten Island, New York
23 Aug 22
@porwest My dad used to be in the stock market. Once he ended up losing everything and what made it even worse was that he had a margin account.
@porwest (78759)
• United States
23 Aug 22
"Play" may be a bit of an inappropriate word when it comes to investing. But I use the word often too. I am in the stock market because business fascinates me, I like to make money, and don't want to work forever, and want to enjoy my retirement when I decide to do it.
1 person likes this
@LindaOHio (157150)
• United States
23 Aug 22
Good luck finding some good bargains!
1 person likes this
@Marilynda1225 (79961)
• United States
22 Aug 22
Hope you find some good bargains today.
1 person likes this
@porwest (78759)
• United States
22 Aug 22
Rivian has not underperformed to my expectations, if that means anything. It is acting in similar fashion to other start-ups/fresh IPOs, and to my mind the current price the stock is trading at is a truer representation of current value than the IPO price was, which tends to often be the case most of the time as well.
They have had supply chain issues and a couple of production expectation hiccups. But so far I would not say that I am at all disappointed in the current state of nor potential outcome of the company. It WILL face a lot of competition, though, as almost all major automakers are now introducing EVs as well.
Rivian will have to do more to set itself apart for sure.
1 person likes this
@Butterfingers (66585)
• India
22 Aug 22
Have a nice day and I hope you can find lots of bargains in stock market.
1 person likes this
@Beestring (13378)
• Hong Kong
22 Aug 22
Good luck. Hope you find some good deals.
1 person likes this
@RandomUser (30)
• Bhubaneswar, India
22 Aug 22
The Crypto market is also down, Buy the dip
1 person likes this
