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Rich-Attention3806 t1_j6ny1i1 wrote

I would recommend a sports betting app. Way easier to understand which means your odds will be better.

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darkspd96 t1_j6nye9b wrote

>What can you someone do with $30

get lerned on proper english

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jr1tn t1_j6nyfjp wrote

OK here is a real tip

After the fed announcement tomorrow, if the market sells off on the announcement, buy 3 calls priced at ten cents on SPY for $30.

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MakingChanges77 t1_j6nz2v1 wrote

Go with a small cap stock that’s doing well. Not allowed to mention those tickers here.

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FeDuke t1_j6nzy32 wrote

I saw "Wendy's" but was surprised I didn't see drug related suggestions. Dope tablets, or whatever.

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ValenciaTrading t1_j6o059z wrote

Call/Puts- Long only. 35-90 DTE until you hit your numbers. Once you are bank rolling a couple g's then roll that into some blue chips stocks and let it ride.

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itsnotthatbad21 t1_j6o0ksi wrote

Replying to Nuclearchurch (#1,671,699)

Out of the money 0 days of expiry contracts. Very lucrative if played correctly and cheap. So 30 dollars can get something out of it. Probably the closest thing to lottery tickets you can get when it comes to stocks

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neeks710 t1_j6o0lfz wrote

Invest it in FanDuel and double up every day

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Bone_Dancer t1_j6o1qky wrote

Replying to Nuclearchurch (#1,671,674)

No, youre buying the right to buy a stock at a certain price 100 shares at a time, doesnt mean you have to or even make money off the shares, youll just sell the call for more you bought it for and ez pz Now if you sell a put or call, thats when things can get hairy. A put much more so.

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Alternative-Season45 t1_j6o2l7c wrote

You want to blow $30 in bones? Go behind the wendys dumpster like the rest of us

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cmsutton1983 t1_j6o2z2s wrote

Should get you a number 3 combo at Wendy’s and 20 minutes behind their dumpster.

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SproutedWinkle t1_j6o30id wrote

Lesson number 1: this is a casino, we are not investors

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Sensitive_Pickle247 t1_j6o31xr wrote

If you only have $30 to trade I would recommend getting a library card to get some books on investing, and have your mom drive you to Wendys to submit an application

2

WhyAmThisWay t1_j6o40t4 wrote

Replying to Nuclearchurch (#1,671,674)

No, you wouldn’t owe anything but here are tips:

  1. Time is your fren

  2. Closer to the strike is your best bet, but $30 wont get you there.

  3. Set your sell limit as soon as you get a contract, the premium can change fast

  4. You will lose most of the time

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ThrowRA__spirit t1_j6o4ihp wrote

What do you mean the mods wants you to post this? No one wants this post.

0

Organic-World-4893 t1_j6o4quj wrote

Replying to Nuclearchurch (#1,671,674)

I’m no trading expert but go watch some YouTube videos instead of randomly clicking buttons you don’t understand… you will waste $30 and learn nothing when u could watch someone else on YouTube do it and explain wtf is actually going on

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Simple_Carpet_49 t1_j6o5667 wrote

This is pretty much exactly what I'm doing right now. I have $40 in a wealthsimple account that I decided to fuck around with to get to learn some basics before I decide If it's something I want to do more of. I' m in Canada, dunno if that makes a difference or not.

I think the first thing I learned was that WSB is full of fucken morons, r/investing is I think the smarter place to go for just learning. I find it boring as hell though, so I like to come here and try to discern patterns from the shit stains left on the walls after these monkeys are done flinging it around.

I bought a piece of a LCID share and a bit of TQQQ cause I think they're safe. I'm brand new at this too though, so I don't know. After that I bought a bunch of penny stocks just to have a lot of moving parts in my 'portfolio' and so I can see what the mechanics of buying and selling them day to day are like.

​

At the end of the day, it's just another form of gambling. Are you any good at sports betting? Use those skills. Also, it's $30 go nuts.

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gaurav0792 t1_j6o599g wrote

Alright, let's get some things out of the way, $30 is not a lot.

You can invest that $30, or yolo it on options. In either case, you are unlikely to make a lot of money, and it's probably not worth your time. So, save up , get a few grand and start investing in your 401k plan or a nice safe ETF. Do not come back to this sub. In the long run, you will forget about wsb, look back at what could've been , but you WILL be financially better off.

However, should you decide to not need my 'not financial advice', start by learning the basics.
There are plenty of youtube channels, books and articles that will explain the basics.
Lookup a youtube channel like Kamikaze cash. It's more than decent.

2

grant570 t1_j6oa6zg wrote

Buy gamble crypto, by which I mean algorand ASA tokens.. You'll probably go broke, but you might become a whale with that $30 if you buy in at the right moment...

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MrBowick t1_j6oak4p wrote

Buy a sell or put option 10 days or so out priced at .30 Get In as it hits a support or ceiling, set a sell limit to 5-10 percent. Now do the same tomorrow

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_Inspector_Dabbit_ t1_j6oakjq wrote

Just start buying shares of beat down companies you think will survive, a little at a time

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OB1KENOB t1_j6obbtv wrote

Buy a fractional Tesla share. Sell when it’s worth $40.

Then buy QQQ strangle for $40 on CPI day. Sell the winning side for $60.

There, doubled my money.

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Pmartinez8241 t1_j6oeon6 wrote

AMD puts $58 strike that expire next week! I believe you can buy 2

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FalconGhost t1_j6oht16 wrote

You should research what this all means before immediately losing your 30 dollars.

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Sherbear15 t1_j6okr0w wrote

I’m a newbie with $100 invested. Slow and steady wins the race!!

1