Whatever guys, thread open. (1 Viewer)

[fantasycurse42]

Big day for HEMP yesterday... What happened for you there?

Figured we'd get some feedback after it cracked .09?

 

[jon_mx]

Really now? You guys are resorting to creating hypothetical #'s to try and get a laugh at my expense? Sad group of people posting in here.

How'd the week close for you, pimpin'?

Always big pimpin'. Was a great week for me from a #'s standpoint. I bought into GreenGro Technology to close out yesterday.

Post the numbers!

416 shares of GRNH @ $0.43 per share.

So you pulled all your money out of HEMP and went all-in on GRNH?

 

[Tom Servo]

Really now? You guys are resorting to creating hypothetical #'s to try and get a laugh at my expense? Sad group of people posting in here.

A lot of people with little self confidence post on a message board all day to get an ego boost.

 

[Eminence]

Big day for HEMP yesterday... What happened for you there?

Figured we'd get some feedback after it cracked .09?

I didn't post any of my feedback because of the overwhelming out of trolling the day before. I was awake and conducing business as usual, I'm just not going to post my thoughts, trends, etc to a board full of people making fun of me.

But, I didn't have any $$$ invested in HEMP @ open yesterday. I sold it all the previous day @ around $0.083 per share. I steady watched the stock all day and after it came down from a high of $0.093, the lowest it fell to was about $0.087. I would have bought back in @ $0.085 - 0.086 but it never got that low.

I'm bullish on this stocks long-term potential, especially considering that more and more states are pushing for the legalization of both HEMP and Marijuana.

HEMP INC also made a few moves (mostly affecting their subsidiary company MARIJUANA INC) that you can read about here.

I am very interested to see where HEMP opens @ at on Monday. If It's above the $0.09 mark that it's currently sitting at, I expect mass sell-offs and in-effect a huge drop in value (which is great, it gives us a chance to buy back in). Simply because as of 2 - 3 days ago you were able to buy HEMP in the $0.069 - 0.072 range with ease. Most investors will definitely jump on a 30 - 40% increase on a penny stock, so I expect the value to drop if it continues to rise.

Again, it really depends what happens with the stock next week. But if I could reenter at $0.079 - 0.085, I think that would bode very well longterm as I think the sky is the limit for this stock.

-

With HEMP turning out to not be a very opportune stock to purchase yesterday, I glanced over to see how other stocks in the sector were doing. And the only other stock that's in my feasible price range is GreenGro Technology. This is a stock that has flucuated between $0.45 - 0.50 the past few weeks.

It's average price from what I've seen is around $.045 - .046, so I jumped on board when I saw it available for $0.043 (it closed at a low of $0.0425).

I've only got $178 invested in it at the moment and here are my key points to sell if it reaches these points:

$.45 - $187.2

$.46 - $191.36

$.47 - $195.52

$.48 - $199.68

$.49 - $203.84

$.50 - $208.00

$.50 is my target to sell this stock for and I'm going to give it about a week to reach that mark. I'm planning on holding this asset for about a week to see what my maximum return on it will be. I'm willing to sell-low at $.45 per share, under the conditions that HEMP stock has dropped in price dramatically and I can look to make some money on a decent sized rebound.

 

[jon_mx]

Big day for HEMP yesterday... What happened for you there?

Figured we'd get some feedback after it cracked .09?

I am guessing he sold before the big run to .09. I think the three day pattern bit him.

 

[Eminence]

Really now? You guys are resorting to creating hypothetical #'s to try and get a laugh at my expense? Sad group of people posting in here.

How'd the week close for you, pimpin'?

Always big pimpin'. Was a great week for me from a #'s standpoint. I bought into GreenGro Technology to close out yesterday.

Post the numbers!

416 shares of GRNH @ $0.43 per share.

So you pulled all your money out of HEMP and went all-in on GRNH?

Kind of, technically I had sold all my HEMP before yesterday's open. I was planning on buying back-in but didn't feel there were really any "opportune" moments to do so and towards the end of the day, I noticed GRNH @ around $0.043 per share (which was the lowest it's been in about a week). So I jumped aboard.

 

[Ilov80s]

I can't believe I'm seriously trying to type advice to guy who just bought penny weed stocks and got banned from Amazon. God.

The sad thing is he probably has more motivation than 90% of the 23-year-old, community college attendee bracket.

Too bad his motivation is taking him in the wrong direction. He would be better off if he was less motivated. He would be better off letting his paychecks "pile" up in the bank while he sat around playing video games or drinking beer. He does not pay rent or have to buy food at mommy's house. He is going to piss away his paychecks chasing his endless schemes.

No motivation is better than misguided motivation.

 

[Eminence]

Big day for HEMP yesterday... What happened for you there?

Figured we'd get some feedback after it cracked .09?

I am guessing he sold before the big run to .09. I think the three day pattern bit him.

I sold it all off the previous day @ $0.083 (which was around its high for the day). I didn't have any HEMP invested yesterday.

 

[Eminence]

I can't believe I'm seriously trying to type advice to guy who just bought penny weed stocks and got banned from Amazon. God.

The sad thing is he probably has more motivation than 90% of the 23-year-old, community college attendee bracket.

Too bad his motivation is taking him in the wrong direction. He would be better off if he was less motivated. He would be better off letting his paychecks "pile" up in the bank while he sat around playing video games or drinking beer. He does not pay rent or have to buy food at mommy's house. He is going to piss away his paychecks chasing his endless schemes.

No motivation is better than misguided motivation.

My investments are up 70% so far, lol. So I'm not sure where the criticism is coming from.

 

[Tom Servo]

Eminence stock math is so much better than MOP pizza math.

 

[StrikeS2k]

I can't believe I'm seriously trying to type advice to guy who just bought penny weed stocks and got banned from Amazon. God.

The sad thing is he probably has more motivation than 90% of the 23-year-old, community college attendee bracket.

Too bad his motivation is taking him in the wrong direction. He would be better off if he was less motivated. He would be better off letting his paychecks "pile" up in the bank while he sat around playing video games or drinking beer. He does not pay rent or have to buy food at mommy's house. He is going to piss away his paychecks chasing his endless schemes.

No motivation is better than misguided motivation.

My investments are up 70% so far, lol. So I'm not sure where the criticism is coming from.

70% on $5 is not the same as 70% on $5,000. Especially when you have to spend 50% of the 70% on fees.

 

[Slapdash]

Really now? You guys are resorting to creating hypothetical #'s to try and get a laugh at my expense? Sad group of people posting in here.

God forbid anyone create hypothetical numbers.

 

[Hilts]

You sold at $.083 but wanted to buy back in at $.085?

 

[Ilov80s]

I can't believe I'm seriously trying to type advice to guy who just bought penny weed stocks and got banned from Amazon. God.

The sad thing is he probably has more motivation than 90% of the 23-year-old, community college attendee bracket.

Too bad his motivation is taking him in the wrong direction. He would be better off if he was less motivated. He would be better off letting his paychecks "pile" up in the bank while he sat around playing video games or drinking beer. He does not pay rent or have to buy food at mommy's house. He is going to piss away his paychecks chasing his endless schemes.

No motivation is better than misguided motivation.

My investments are up 70% so far, lol. So I'm not sure where the criticism is coming from.

I'm not criticizing you, just making a general life statement. Others can decide whether you are moving in the right direction or not. I don't know or care much about stocks or rental properties.

 

[Eminence]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

 

[Leroy Hoard]

You sold at $.083 but wanted to buy back in at $.085?

 

[Eminence]

You sold at $.083 but wanted to buy back in at $.085?

After seeing it rise to about $.09 a share, yeah. This stock has steadily been increasing over the past 2 - 3 weeks. It's also acquired a few different assets under it's subsidiary company Marijuana Inc.

Note that I sold it for $.083 but bought it from $.0714.

If the value is equal or lesser than what I paid for it (including profits), I see no problem buying back in. Especially if the stock proves it can reach new highs (which it recently has).

 

[Rayderr]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

 

[Hilts]

You sold at $.083 but wanted to buy back in at $.085?

After seeing it rise to about $.09 a share, yeah. This stock has steadily been increasing over the past 2 - 3 weeks. It's also acquired a few different assets under it's subsidiary company Marijuana Inc.

Note that I sold it for $.083 but bought it from $.0714.

If the value is equal or lesser than what I paid for it (including profits), I see no problem buying back in. Especially if the stock proves it can reach new highs (which it recently has).

There's no wrong answer imo, but do you believe in the long term success of this company? If so, what do you believe a share could be worth in the next 5 years? 10?

 

[jon_mx]

You sold at $.083 but wanted to buy back in at $.085?

Minus the two $7.95 transaction fees for the buy and sell.

 

[bushdocda]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

 

[Eminence]

Also important to note, my portfolio is currently worth $785.54. I'm scooping up $400 - 500 worth of Walgreens stock sometime this week (not sure when the ESPP pushes through).

So my portfolio worth will be around $1,200 the majority of February ($1,300 if you count the $160 I plan to add on February 6th, pay-day).*

*These numbers may be a little lower or higher, depending on how things shake out after the 10% discount is applied.

 

[Eminence]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

 

[Rayderr]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

what are your credit card rates?

 

[fantasycurse42]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Disagree... He needs more credit cards and cash advances to invest.

 

[Eminence]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

Well, the thread itself got locked. I don't know why, kind of pissed about it. I don't know how to go about getting my money back. Here is all the information I have about the Commissioner.

Please send $50 to

Craig Buechel

108 Brink Dr

Joliet Il, 60435 or

paypal to horshoe16@yahoo.com

(815) 725-2685

Phone number may be outdated.

 

[Eminence]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

what are your credit card rates?

The Bill Me Later's APR is 19.99% and the exact balance of that account is $417.94. No payment due until March 1st. So I'll probably be able to lower that down to around $200 before the next payment due.

The First Premier Card's APR is probably between 20 - 30%. Currently has a balance of about $600. This is the card I use for my online sportsbetting. Probably my #2 focus of paying off behind my $1,500 account. My payment due til March 16th, I believe.

 

[Raider Nation]

These admits are useless.

 

[Eminence]

I've actually got a credit card offer (it's a visa) with a $1,500 credit limit. It's got a lower APR than my First Premier Card but I like my First Premier Card because it's already linked up to my Online Sportsbetting website.

EDIT: Although, transferring the Account Balance would probably be the strategic move. I don't plan on having a negative balance for much longer where I think it's going to make a huge difference.

 

[Ilov80s]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

Well, the thread itself got locked. I don't know why, kind of pissed about it. I don't know how to go about getting my money back. Here is all the information I have about the Commissioner.

Please send $50 to

Craig Buechel

108 Brink Dr

Joliet Il, 60435 or

paypal to horshoe16@yahoo.com

(815) 725-2685

Phone number may be outdated.

If that is real, I'm not sure you should be posting it.

 

[Eminence]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

Well, the thread itself got locked. I don't know why, kind of pissed about it. I don't know how to go about getting my money back. Here is all the information I have about the Commissioner.

Please send $50 to

Craig Buechel

108 Brink Dr

Joliet Il, 60435 or

paypal to horshoe16@yahoo.com

(815) 725-2685

Phone number may be outdated.

If that is real, I'm not sure you should be posting it.

Why? He hasn't paid me my $300 for winning the league, I don't know the best legal way to get my $$$ from him. I paid my league fees on time. He said he'd do payouts, "early next week" like 4 - 5 weeks ago now.

 

[Mario Kart]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

Well, the thread itself got locked. I don't know why, kind of pissed about it. I don't know how to go about getting my money back. Here is all the information I have about the Commissioner.

Please send $50 to

Craig Buechel

108 Brink Dr

Joliet Il, 60435 or

paypal to horshoe16@yahoo.com

I'm on it, The Eminence. I'm only three hours away and with my pay increase from you, this ~8 hour trip is nothing.

Something I learned today and I am sure you know more about it than myself but could you explain Compound Interest to me a little bit? Thanks.

 

[Eminence]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

Well, the thread itself got locked. I don't know why, kind of pissed about it. I don't know how to go about getting my money back. Here is all the information I have about the Commissioner.

Please send $50 to

Craig Buechel

108 Brink Dr

Joliet Il, 60435 or

paypal to horshoe16@yahoo.com

I'm on it, The Eminence. I'm only three hours away and with my pay increase from you, this ~8 hour trip is nothing.

Something I learned today and I am sure you know more about it than myself but could you explain Compound Interest to me a little bit? Thanks.

Pretty simple.

Compound interest is interest that gains interest.

$500 x 10% = $550.

$550 x 10% = $605.

$605 x 10% = $665.

Although your interest rate never changes, you are charged more and more money on virtue of the interest you haven't paid off being added to your account balance.

 

[Rayderr]

I've actually got a credit card offer (it's a visa) with a $1,500 credit limit. It's got a lower APR than my First Premier Card but I like my First Premier Card because it's already linked up to my Online Sportsbetting website.

EDIT: Although, transferring the Account Balance would probably be the strategic move. I don't plan on having a negative balance for much longer where I think it's going to make a huge difference.

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

what are your credit card rates?

The Bill Me Later's APR is 19.99% and the exact balance of that account is $417.94. No payment due until March 1st. So I'll probably be able to lower that down to around $200 before the next payment due.

The First Premier Card's APR is probably between 20 - 30%. Currently has a balance of about $600. This is the card I use for my online sportsbetting. Probably my #2 focus of paying off behind my $1,500 account. My payment due til March 16th, I believe.

From what I've read in this thread, it does not sound like you are making 20+% on your stock flipping each month once you account for fees and taxes (FTR, I have no issues with the Walgreens stock. A buy and hold strategy of that is actually good.)

Sell your penny stocks, pay off your credit cards, and once you're debt free, then take the money that was going to the credit cards and put it in the stock market.

 

[Ilov80s]

How are the collection efforts going on the $300.

That is a tremendous amount of capital you could be utilizing.

Well, the thread itself got locked. I don't know why, kind of pissed about it. I don't know how to go about getting my money back. Here is all the information I have about the Commissioner.

Please send $50 to

Craig Buechel

108 Brink Dr

Joliet Il, 60435 or

paypal to horshoe16@yahoo.com

(815) 725-2685

Phone number may be outdated.

If that is real, I'm not sure you should be posting it.

Why? He hasn't paid me my $300 for winning the league, I don't know the best legal way to get my $$$ from him. I paid my league fees on time. He said he'd do payouts, "early next week" like 4 - 5 weeks ago now.

I'm not sure there is a legal way to make him pay you other than bothering him till he pays.

 

[Mr. Pickles]

You sold at $.083 but wanted to buy back in at $.085?

The cement has been poured.

 

[Eminence]

I've actually got a credit card offer (it's a visa) with a $1,500 credit limit. It's got a lower APR than my First Premier Card but I like my First Premier Card because it's already linked up to my Online Sportsbetting website.

EDIT: Although, transferring the Account Balance would probably be the strategic move. I don't plan on having a negative balance for much longer where I think it's going to make a huge difference.

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

what are your credit card rates?

The Bill Me Later's APR is 19.99% and the exact balance of that account is $417.94. No payment due until March 1st. So I'll probably be able to lower that down to around $200 before the next payment due.

The First Premier Card's APR is probably between 20 - 30%. Currently has a balance of about $600. This is the card I use for my online sportsbetting. Probably my #2 focus of paying off behind my $1,500 account. My payment due til March 16th, I believe.

From what I've read in this thread, it does not sound like you are making 20+% on your stock flipping each month once you account for fees and taxes (FTR, I have no issues with the Walgreens stock. A buy and hold strategy of that is actually good.)

Sell your penny stocks, pay off your credit cards, and once you're debt free, then take the money that was going to the credit cards and put it in the stock market.

I've made 70% on my investment in less than 2 weeks so far. When it comes down to it, any interest gained on the cards is either:

A.) Less.

B.) Equal

To the interest gained on my Walgreens Employee Stock Purchase Program. I've currently got about $1,000 invested at a 10% discount. Furthermore, I theoretically have:

1.) $900 in Paychecks for the month of February.

2.) A tax return of at least $450 (possibly more, haven't gotten my Walgreens W-2 yet).

3.) Pending $300 owed from a Fantasy League I won.

I've got a collective balance of about $2,500. The $1,500 isn't collecting interest on anything purchased prior to the beginning of this year and the remaining $1,000 balance should be paid off in-full by March, the latest.

And if it's not paid off by March, I have $500 in Walgreens Stock available March 31st (along with $900 worth of paychecks) that should help me squash the remaining balances.

 

[Eminence]

You sold at $.083 but wanted to buy back in at $.085?

The cement has been poured.

*yawn*

I bought for $0.045 about a week ago. Bought some more at $0.064. Sold it all off for $0.083. Bought back in for $0.0714. Sold it all off for $0.083 again. So it's all relative.

As long as you use your previous profits to create even more profits, then it doesn't really matter what you "paid for it". What matters more is how much your investment is worth.

 

[Mr. Pickles]

You sold at $.083 but wanted to buy back in at $.085?

The cement has been poured.

*yawn*

I bought for $0.045 about a week ago. Bought some more at $0.064. Sold it all off for $0.083. Bought back in for $0.0714. Sold it all off for $0.083 again. So it's all relative.

As long as you use your previous profits to create even more profits, then it doesn't really matter what you "paid for it". What matters more is how much your investment is worth.

The cement hasn't been poured?

 

[Eminence]

You sold at $.083 but wanted to buy back in at $.085?

The cement has been poured.

*yawn*

I bought for $0.045 about a week ago. Bought some more at $0.064. Sold it all off for $0.083. Bought back in for $0.0714. Sold it all off for $0.083 again. So it's all relative.

As long as you use your previous profits to create even more profits, then it doesn't really matter what you "paid for it". What matters more is how much your investment is worth.

The cement hasn't been poured?

The cement may have been poured. We'll find out on Monday.

 

[Eminence]

I'm gonna pack a bowl and drink a cold Budweiser. Go Broncos!

 

[Rayderr]

I've actually got a credit card offer (it's a visa) with a $1,500 credit limit. It's got a lower APR than my First Premier Card but I like my First Premier Card because it's already linked up to my Online Sportsbetting website.

EDIT: Although, transferring the Account Balance would probably be the strategic move. I don't plan on having a negative balance for much longer where I think it's going to make a huge difference.

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

what are your credit card rates?

The Bill Me Later's APR is 19.99% and the exact balance of that account is $417.94. No payment due until March 1st. So I'll probably be able to lower that down to around $200 before the next payment due.

The First Premier Card's APR is probably between 20 - 30%. Currently has a balance of about $600. This is the card I use for my online sportsbetting. Probably my #2 focus of paying off behind my $1,500 account. My payment due til March 16th, I believe.

From what I've read in this thread, it does not sound like you are making 20+% on your stock flipping each month once you account for fees and taxes (FTR, I have no issues with the Walgreens stock. A buy and hold strategy of that is actually good.)

Sell your penny stocks, pay off your credit cards, and once you're debt free, then take the money that was going to the credit cards and put it in the stock market.

I've made 70% on my investment in less than 2 weeks so far. When it comes down to it, any interest gained on the cards is either:

A.) Less.

B.) Equal

To the interest gained on my Walgreens Employee Stock Purchase Program. I've currently got about $1,000 invested at a 10% discount. Furthermore, I theoretically have:

1.) $900 in Paychecks for the month of February.

2.) A tax return of at least $450 (possibly more, haven't gotten my Walgreens W-2 yet).

3.) Pending $300 owed from a Fantasy League I won.

I've got a collective balance of about $2,500. The $1,500 isn't collecting interest on anything purchased prior to the beginning of this year and the remaining $1,000 balance should be paid off in-full by March, the latest.

And if it's not paid off by March, I have $500 in Walgreens Stock available March 31st (along with $900 worth of paychecks) that should help me squash the remaining balances.

Thought I saw a post from you on the 27th which had you losing money.

 

[Eminence]

I've actually got a credit card offer (it's a visa) with a $1,500 credit limit. It's got a lower APR than my First Premier Card but I like my First Premier Card because it's already linked up to my Online Sportsbetting website.

EDIT: Although, transferring the Account Balance would probably be the strategic move. I don't plan on having a negative balance for much longer where I think it's going to make a huge difference.

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

Nope, I recently looked into the credit situation and my card with the largest balance ($1,500) doesn't charge interest on things that I charged to it last-year (it was interest free til' 2014). So beyond that, I'm sitting on balances of:

$600 First Premier Card

$500 Bill Me Later

I've got two $450 - 500 paychecks coming my way this month. My phone bill is already paid and my only other expense is my insurance ($45). So I approximate $500 - 600 of my debt gets paid off this month.

what are your credit card rates?

The Bill Me Later's APR is 19.99% and the exact balance of that account is $417.94. No payment due until March 1st. So I'll probably be able to lower that down to around $200 before the next payment due.

The First Premier Card's APR is probably between 20 - 30%. Currently has a balance of about $600. This is the card I use for my online sportsbetting. Probably my #2 focus of paying off behind my $1,500 account. My payment due til March 16th, I believe.

From what I've read in this thread, it does not sound like you are making 20+% on your stock flipping each month once you account for fees and taxes (FTR, I have no issues with the Walgreens stock. A buy and hold strategy of that is actually good.)

Sell your penny stocks, pay off your credit cards, and once you're debt free, then take the money that was going to the credit cards and put it in the stock market.

I've made 70% on my investment in less than 2 weeks so far. When it comes down to it, any interest gained on the cards is either:

A.) Less.

B.) Equal

To the interest gained on my Walgreens Employee Stock Purchase Program. I've currently got about $1,000 invested at a 10% discount. Furthermore, I theoretically have:

1.) $900 in Paychecks for the month of February.

2.) A tax return of at least $450 (possibly more, haven't gotten my Walgreens W-2 yet).

3.) Pending $300 owed from a Fantasy League I won.

I've got a collective balance of about $2,500. The $1,500 isn't collecting interest on anything purchased prior to the beginning of this year and the remaining $1,000 balance should be paid off in-full by March, the latest.

And if it's not paid off by March, I have $500 in Walgreens Stock available March 31st (along with $900 worth of paychecks) that should help me squash the remaining balances.

Thought I saw a post from you on the 27th which had you losing money.

Honestly, I'm not entirely sure. I haven't thoroughly ran the numbers but I know:

My Credit Debt is around: $2,500

My Stock Portfolio is worth around: $1,200

My Tax Return is worth a minimum of: $450

I have $900 of income coming towards me in the month of February.

All my bills are paid until March.

I could probably make a quick Excel Spreadsheet and see whether or not choosing to put 25% of my income into my Walgreens Employee Stock purchase plan is hurting me or not. But if it is, I would imagine its only be a small amount (%) and that by this time next month it wouldn't be at all.

 

[flapgreen]

Really now? You guys are resorting to creating hypothetical #'s to try and get a laugh at my expense? Sad group of people posting in here.

How'd the week close for you, pimpin'?

Always big pimpin'. Was a great week for me from a #'s standpoint. I bought into GreenGro Technology to close out yesterday.

Are all these trades in a tax shelter? If not, don't ignore the accounting costs of reporting these activities on your 2014 tax return.

Really now? You guys are resorting to creating hypothetical #'s to try and get a laugh at my expense? Sad group of people posting in here.

How'd the week close for you, pimpin'?

Always big pimpin'. Was a great week for me from a #'s standpoint. I bought into GreenGro Technology to close out yesterday.

Are all these trades in a tax shelter? If not, don't ignore the accounting costs of reporting these activities on your 2014 tax return.

I'm going to school for Accounting, so if I do screw myself with a mess of paperwork, it'll be good practice. Taxes on short gains are only 10 - 15% in my tax bracket.

I thought you were a professional Rock Star?

 

[Slapdash]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

He's in debt? Has to be shtick.

 

[Mr. Pickles]

I'm gonna pack a bowl and drink a cold Budweiser. Go Broncos!

That's a lot of investable dollars you're throwing away.

 

[Rayderr]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

He's in debt? Has to be shtick.

and iirc, in another thread he mentioned a collection agency being after him for an unpaid bill.

 

[Eminence]

Also, I'd like to make note that I added and additional $60.00 into my account. So right now, I've got about $180.00 to invest between penny stocks. I get paid on February 6th and plan to add about $160.00 more to the account.

So starting on the 6th, all the profits I've previously been making should be ~ doubled.

You're still better off taking this money and applying it to that $2100 in credit card debt you have. You'd be looking at saving yourself over $2000 in interest you're paying on those cards, and be paid off in a little over a year (assuming you don't charge anymore)

He's in debt? Has to be shtick.

and iirc, in another thread he mentioned a collection agency being after him for an unpaid bill.

Hey man, I went to them. They have credits locked up that I'll need to graduate in about 9 months.

 

[Politician Spock]

New thread name!

 

[Tom Servo]

New thread name!

Whoo!