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Money and Banking 508

BodeMiller1

Well-known member
Joined
Mar 7, 2022
Messages
1,821
Points
63
Location
Barre, VT
12.160000 * 50 = $600

loss $37

Market closed Monday, So, all trading will be done in four business days.

On June 3rd buy another 50 shares at the market rate. Adding a separate lot (set of shares purchased at the same time at the same price). The excitement never ends.

Another nice thing about F is shares are traded on NYSE.

Hopefully the losses mount so shares will be purchased at a lower cost.



OIP.G4FNLTEPH5haFSiSkALVuAAAAA
 

BodeMiller1

Well-known member
Joined
Mar 7, 2022
Messages
1,821
Points
63
Location
Barre, VT
$11.94 X 50 = $597.000

637 - 597 = 40 loss or so (it really doesn't matter). This is like the first play of a 5 seconds of a hockey game. The cool thing is unlike a hockey game I control the time keeping. The "game" can be played forever and ever. People die, money never does (at least theoretically).

What are the chances of having an even dollar loss? The answer is 1 out of 100. Or 1%.
 

BodeMiller1

Well-known member
Joined
Mar 7, 2022
Messages
1,821
Points
63
Location
Barre, VT
2nd lot 50 * 12.18 = 609

1st 50 @ 12.18 = 609

grand total = $ 1,218.00

Think a dividend was paid on the first lot .015000 share

Pay date 6/32/24

$7.5


new $1,225.25

Better than a sharp stick in the eye.
 

BodeMiller1

Well-known member
Joined
Mar 7, 2022
Messages
1,821
Points
63
Location
Barre, VT
Sell into rallys. Place trailing stops. It's too early. Continue to dollar cost avg. The twist is buying 50 shares is not the same as investing $X amount each month.
 

BodeMiller1

Well-known member
Joined
Mar 7, 2022
Messages
1,821
Points
63
Location
Barre, VT
NameExpirationLastChange% Change
trading lower
Gold Spot
XAU=X
--2,300.10
USD
-75.51-3.18%Negative
trading lower
COMEX 100oz Gold
GCc1
Jun 252,298.00
USD
-72.30-3.05%Negative
trading lower
Silver Spot
XAG=X
--29.18
USD
-2.12-6.76%Negative
trading lower
COMEX Copper
HGc1
Jun 254.48
USD
-0.21-4.50%Negative
trading lower
Platinum Spot
XPT=X
--967.10
USD
-35.65-3.56%Negative
trading lower
Palladium Spot
XPD=X
--905.59
USD
-24.28-2.61%



You want to be diversified, so it's important to own silver on top of Ford stock. 💲💱
 
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