Stock Market

[basshead4life]

so how do you know which stocks to buy? like what makes you choose them?

[pear_b]

lol your asking a vague question, that is why there are thousands of anyalysts, brokers, TV networks, and books on buying/selling etc. Everyone may have a different opinion or gut instinct.

[basshead4life]

lol your asking a vague question, that is why there are thousands of anyalysts, brokers, TV networks, and books on buying/selling etc. Everyone may have a different opinion or gut instinct.

ok

also what type of e trader account do i get?

[FiBTLforlife]

ok

also what type of e trader account do i get?

when i went into the etrade deal i was spot clueless and figured it out. sometimes you can make an easy thing hard, (im not being smart jus saying) i beleive you open you up an investment account or whatever then you open up a saving account like i did myself. then you can transfer money back and forth really easy. you got to think of whats going on right now in todays time that may get money. food companies, uranium (clean burning power), and so on.

my biggest thing im into is uranium, ive made allot of money it this source and will continue to do so.

[qu1cks1lver56]

ive always been kinda interested in doing some stock trading.

wish i had a little more money id open up an eshare account.

[FiBTLforlife]

ive always been kinda interested in doing some stock trading.

wish i had a little more money id open up an eshare account.

etrade is free and it dont take allot to get started. use $50, find you a penny stock and buy you some shares. i started off with investing $70, best thing i could of ever done

[mhuck123]

The safest advice Ive ever gotten about the stock market is dont fall into the hype. You hear of people making millions over night, but if you bought say 1000 shares of $.03 stock, and it goes to $1 a share, you made $970 off $30. Dosent seem like it will make you rich, but if you re invest that $970 say into 20 penny stocks, and half of them got to .50, you made a good bit. Dont try to make it all at one time...basically dont put all your eggs in the same basket

As for investing in the company you work for is a bad idea??? I dont know. Like wal mart, they match stock $1 on the dollar, so Id take that. Its a pretty steady stock, and if you lucky enough to get a split, then your good. But look at your work from a outside view, not that its busy. My dad worked at Lufkin Industries from 1985-2000. They make oil pumping units. The company almost went bankrupt in the late 90's after acquring its only competor, who did go under. When that happened, my dad dumped his entire 15 years of 401k into Lufkin stock at under $7 a share,they match a precentage on top of it...sold them in july or aug 2008 near $90 or so a share ..pretty wise move

Investing in your own company is not a bad idea but it can be dangerous. Kinda like gasoline, if used correctly it can help you get to the SPL shows on time!!! Really the point is don't drop the nest egg on it no matter what info you think you may know about the company. if they match then you have a pretty good return on investment already. If it's dollar for dollar match then you made a 100% profit in seconds!

hell...i drop $50 on it...

i have my bachelor's in finance as well...penny stocks have always interested me because of the little investment needed to make a potential sizeable profit...

best class i ever had was like an intro to investing....professor was a firm believer in passive investing

passive investing being investing in a vangaurd fund that tries to duplicate the s&p500 for example

reason for being better is due to about zero charges...no fee to get in or get out and very little brokerage fee since they dont actively trade....

this is of course a long term investing strategy...

be nice and diversified: small cap, large cap, growth funds, value funds, REITS, international, emerging markets, bonds...etc...

they make a passive fund for almost every sector of the market...vangaurd and fidelity have the best passive funds...

if ur looking for long term then take the above advice....just be prepared to get hammered when the market does and visa versa...commodities such as gold are a good way to hedge that.....just gotta have a strong stomach for long term investing...and rebalancing your portfolio at least once a year is key so one sector doesnt get overwieghted...

damn...my professor would be proud of me...lol

Long term investing is usually the best way to go but you don't need a strong stomach just a strong mind. Don't buy the hype and invest like Warren Buffet. Buy when other are scared I think he said. When the market tanks like this it is mostly emotional and if your positions have not changed then your dollar cost average is actually going down now....meaning you are buying more for less! You only really "loose" money in stock when you sell low.

so how do you know which stocks to buy? like what makes you choose them?

Best advice I ever got was again from Warren, buy what you use. You eat at McDonalds all the time? Buy there, Wal Mart, buy there. After that it's all research and consistency.

There are no great traders or anyone for that matter that deserves the ridiculous amounts of money many "professional" traders get. Hell I averaged a 21% growth average year over year for 7 years in my portfolio, converted everything to cash in 06 before it got too bad and cashed out. I have no investing experience (other than real estate) and am no smarter than anyone else here, actually I may be much dumber than most!!! Just watch and learn, play the penny stocks and take your time. When the market is down that is opportunity!

[FiBTLforlife]

Investing in your own company is not a bad idea but it can be dangerous. Kinda like gasoline, if used correctly it can help you get to the SPL shows on time!!! Really the point is don't drop the nest egg on it no matter what info you think you may know about the company. if they match then you have a pretty good return on investment already. If it's dollar for dollar match then you made a 100% profit in seconds!

Long term investing is usually the best way to go but you don't need a strong stomach just a strong mind. Don't buy the hype and invest like Warren Buffet. Buy when other are scared I think he said. When the market tanks like this it is mostly emotional and if your positions have not changed then your dollar cost average is actually going down now....meaning you are buying more for less! You only really "loose" money in stock when you sell low.

Best advice I ever got was again from Warren, buy what you use. You eat at McDonalds all the time? Buy there, Wal Mart, buy there. After that it's all research and consistency.

There are no great traders or anyone for that matter that deserves the ridiculous amounts of money many "professional" traders get. Hell I averaged a 21% growth average year over year for 7 years in my portfolio, converted everything to cash in 06 before it got too bad and cashed out. I have no investing experience (other than real estate) and am no smarter than anyone else here, actually I may be much dumber than most!!! Just watch and learn, play the penny stocks and take your time. When the market is down that is opportunity!

the comment that the market is down is a really important factor. this is the time to get back into stocks because you dont have a huge stock downfall all the time like that. its almost like the great depression, pep who still had money got bcak into the stocks and are now have millions. just something to think about

[99GPGTX]

fuck im doing this stock track sim...as mentioned earlier its due thur. i was gunna use the teuff but it sells for under 25cents

[FiBTLforlife]

fuck im doing this stock track sim...as mentioned earlier its due thur. i was gunna use the teuff but it sells for under 25cents

yeah that and TUEFF isnt a overnight get rich stock. its gone take a good 6-7 months from now till it hits over a $1