brewcrewdue80

For the most part, its likely not worth much. And some places likely will reauire you to have more before even doing a transaction. I ran in to that problem Given 20 British Pounds as a tip one day. (1.94) per back then. Lost a lot of value today. I went to a couple banks to exchange it and was told they only change the currency with 50pounds or more. Now this is a popular currency. I cant imagine what amount you need with such an irregular currency. My dad has currency from serving in Vietnam I looked for recently. You can find more info online and try to match with images to find what the currency even is. Id probably check in with a bank, let them lead you to possible place to exchange the currency. Maybe theres a museum somewhere that would take it for display.

Im thinking a lot of mistakes like I made on Canadian $17 vs 12.78 US I clearly am not in this with the first trade pop. Beyond what I look for. Kinda lame, the "Public" offering opened at 18 and today closed just over 16. Now the stock board says up 25% but truthfully its down like 11% ahh, to be rich and buy the true IPO stock offering last night. Would been 40+% gain selling the open MuleSoft priced at $17 from the initial 12-14. And opened for public trading at 24.40. Yep Another one bites the dust for the public. Rich? Another 45% take overnight. I just don't get it on how people buy in at such an initial jump. It's at 25.16 now and that's 3.5% from Open. To get 33% it would have to reach $32.45 Over twice the Initial IPO price offering. Near twice the actual Priced at. Sigh.

Here's how crazy IPOs are at the moment. Ardagh group priced at 19 yesterday. Up to 22.91 at close today +20% Goos that canadian goose jacket company has been priced at $17 opening for trade tomorrow. Original range was a $14-16 and prices essentially +20% already. Likewise Mulesoft probably to be priced tomorrow and open for trade Friday has raised it's offering from 12-14 to 14-16 which low to high is 33% before even opening for trade. We'll see if I can get in for under $18 on Goos and $17-17.50 on Mulesoft which I feel best about. But I'm thinking both will open for trade at 20 or higher immediately leaving me to wait. Just love how the average investor is left to scraps and paying off the rich. edit: Crud, the Goos pricing was in Canadian $$$ so It comes to 12.78 per in US dollar supposedly.

Man the way the market is currently, That idea that Apple is in wave 5 which would mean moving down...That is just tough to believe. I may have stumbled in something like this in regards to my 401k and the dow movements. But man, Since Mid February last year, the Dow hasn't swung down 6percent from it's closing high at any point. On Feb 11 it closed at 15,660. Apr 20 closed 18,076 closed Jun 27 17,140.24 5.5%swing to current high of 21,115 13months~ 34.8% gain from the Dow. Only 1 swing of 5% during that rise. I mean look at that. 5,450 pts. practically non-stop. I thought I had gotten on to something as during my cancer time off I'd looked at the Dow Closing prices and found that on avg there were 3 times a year it swung 7% or more. Why does that matter or is important? Well Get a 5 year graph of the Dow, Your best Small-cap index, Mid-cap index, and Large-cap index. Do a layover the lines I bet don't swing much differently one way or the other. When the Dow tanked in 2008/09 Those funds tanked just as much. And when it returned, just as much. A few may have dropped or risen 5-8% more or less but everything that was a small,mid, or large fell just like the dow. Often the climbs would approach or exceed just slightly, the Dow's previous High. For a couple years til mid-year last year 18,000 was the range it'd climb or barely jump over. But last year after that 18,076 close. The battle lasted 11weeks and July 8 We moved in to the keep above 18,000 mode vs below. And here we are 21,000. I don't think in any of my research the Dow, gained 3,000pts on a previous high level without swinging down 7% or more briefly. There were single days where the Market moved over 1,000pts down and the next regained more than it had lost. So I'm lost as to where this dow is heading. History(since 2000) shows it should have had 3 7% or more corrections since the last time it had such. We're 34% up without that. No pausing. Trump's presidency didn't even bring one occasion. N. Korea's reved up Missile tests haven't created a pause. The Fed raising rates finally(Yellen's fears on the markets needing delays on such) no effects when they did. So just be mindful on shorting anything that just doesn't make sense. I think it was late last year when some article I read the Market's PE was super high than norm, well, it must be another level or even 2 above what that PE was at back when I read that article. At some point we should have a correction and usually that correction will be big when we are talking this kind of PE. So I think you can be a week late when the correction begins, and still make a big profit. Without putting so much risk in an insane market as we have today.

If you're paying down quicker, aren't you saving money because less is added via interest? More goes towards the bottom line, quicker? But I dunno what a student loan looks like only a car loan. So theres that. I do agree with Brew4u on investing in something you may have more knowledge about. I have a nurse friend who told me to invest in something I forgot (brain cancer) but the hospitals she worked at had switched on a product and company they got supplies from. For me it'd be something in the golf industry, a trend or something used new to it. But trial and error. Whatever you do, will have ups and downs. So best advice is dont tie yourself in to one investment. Gotta give yourself something to recover with when the downs happen.

No, I'm strictly short on these IPO buys. I've bought 6 total thus far, Sold out on 5 of them with gained avg over 45% on those 5. The 6th has made money, just not where I want to sell out, happens to give a dividend so I trust it will continue modestly well. In 2015 I tried Dividend types. Lost big time on one(oil) The other took awhile. Trial and error. 3 different type of stocks dealing with oil. Taught me how the market can feed in a sector and which sectors sorta hit miss. Like you suggested biotech can be huge gains or losses. Oil is going to be mostly a losing preposition for some time. So it's sorta come to pick something in IPOs that have usefulness or potential usefulness. The hot ones are Tech stuff. The Trade Desk and Everbridge were two I missed out on. Part due to the early pop no shop. Part because I made mistake on symbol for trade desk. thinking tdd and not ttd. Oops. Snap sorta fell in that line of Tech, even though it says it's camera, but again early pop no shop. Healthcare is one I look for and hit on 3 of them. Oddly, an upcoming IPO is something that I believe I seen in the bothering you thread. Canada Goose those overpriced Parka Coats. They have a lot of good numbers going for them to have a short-term pop, maybe even lasting through a year somewhat steady in price. But $1,000 coats aren't exactly being bought up by blue collars. So the trendy White Collars are making this coat a lot of money right now, but at some point, the trend will end. Having a stock price of say $11-12 doesn't take much a big hike to go up 33% or more. I could see hype jumping this to $16-18 maybe even 20 in no time before the shine fades off and settles towards a modest price. So I'm looking to keep an eye on that.

I can't add much to this. I invest modestly in stocks. Late in 2015, I came upon more of IPO investing and done well thus far. They are supposed to be risky investment, but I've only gone in stocks that hadn't popped, seem to read as having some interest by others to invest, and I think it is in a promising type of market I guess. Take Snapchat, which had it's IPO last week. I had interest at the reported initial price offering of $14-16. Big timers who get first dibs on the "Initial Public Offering" bought in at $17. So when it truly began Public Offering, meaning Joe Schmo(me) can buy it himself, It opened at something like $23.50. Making $6.50 for the rich folks that are allowed the dibs and Joe Schmo Buying off their shares at a +38% gain and +46% above their proposed high initial price offering. In just a few days/hours/minutes it got as high at $29.44. which if you lucked in to that exact moment meant you as Joe Schmo made about 25%. If you held on for further well it closed today at 23.77 or less than 1% gain for you. This example I stay away from. You want to get the initial pop and that initial pop was your first buying opportunity past the pop. So, move on. I look for the types I can get in within the asked for price range give or take a small pct. gain. My targets have done well and my patience done well too, not to buy in post initial pop. Now if you're close to retirement age this isn't an idea you want to look for investing due to the risk. If you're somewhere around younger age 24-40 maybe? Something to play with your money. I look at these risky investments as being better than buying lottery tickets or playing money in a casino. Keeps me from going out and spending $5-20 when a Powerball or Mega Millions gets way up there. So if anyone is in that kind of investing then we can trade on info or debate potential IPOs to look in to.