Stocks?
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- -scarabin-
i have some money and i want to make more with some stock investments.
thing is, i don't know how to go about doing it or where to start.
anyone own stocks and have any success with it?
any tips or resources to get me started?
- kyl30
look into mutual funds unless you have mad cash
- Mimio0
Go to a financial advisor. If you want to play around they'll help you measure your risks, otherwise if you're saving ask about IRAs or mutual funds.
- jevad0
I treally depends on what kind of risks you want to be taking. If you want a sound 10, 20yr investment then look into mutual funds.
If you are looking to day trade then open an account at http://www.scottrade.com or http://www.etrade.com
Here is a good resource for tips and learning:
- todelete__20
with stocks you really have ot pay attention to them on a daily, if not twice daily basis. so much can change in so little of a time.
if you're going to go stocks and you are a first time investor you need to probably stick with the big dogs.
i took 10 grand to a financial advisor and the guy was like 'i have never worked before with this little amount of money, you would have better luck on your own.' which is a mind fuck cause how is joe average to have like 50 grand on them to play with.
my advice would be in mutual investments. fidelity, janus... you can go to yahoo and look up ratings on mutual funds. for the long haul they are the best investment.
stocks is everyones dream of hitting it big in a short amount of time, but it usually doesn't happen.
mutual funds look into moderate and aggressive funds. you're probably young enough and single to risk aggressive funds. sit on it for a year, if it's a dog you can always switch.
good luck.
- jevad0
good advice doug
- canton0
I have stocks in AMD.
- tkmeister0
i use ameritrade. i invest in Roth IRA, SEP, and stocks accounts.
i invest aggressively and monitor daily. in one particular stock, it gained about 20% in 6months.
i am also thinking about investing in 9mo CD with 4.12% return. i think it's not bad for doing no work.
- -scarabin-0
i just keep hearing about some schmoe who happened to buy a couple shares in microsoft or whatever back in the 80s and is rolling now.
i'd like to get some google shares or something and cash in when i'm 80 and they run the world
- canton0
i use ameritrade. i invest in Roth IRA, SEP, and stocks accounts.
i invest aggressively and monitor daily. in one particular stock, it gained about 20% in 6months.
i am also thinking about investing in 9mo CD with 4.12% return. i think it's not bad for doing no work.
tkmeister
(Nov 14 05, 10:38)what are the charges per investment on ameritrade?
- todelete__20
my grandmother used to work at g.e. waaaaaay back when she was 15 years old. worked there for 30 years with stock options.
her stock got REALLY big.
- tkmeister0
http://www.fool.com/dbc/dbc.htm?…
i think they gave me 30 free trades when i joined.
$10.99/market order isn't bad at all, in my opinion.
- canton0
I shall look into that.
- JazX0
I have a good bit of stocks.
Sony Media which was Sonic Foundry which was MediaSite which was a spin-off from Carnegie Mellon where I used to work. Bought Macromedia stocks long ago and they got eaten up by Adobe. When that happens, generally your stocks go way up. I'm happy with those and am getting a bunch of free ones from my current employer. :)
- danthon0
Unless you have incredible forsight or insider info. the chance that you will make signifigant gains without a large capital investment are slim.
Have you thought about real estate? The stock market is modern fuedalism.
- jDs0
buy low, sell high.
I look for indicted CEOs/CFOs from profitable companies.
Also a good sign are boards and officers with significant stakes in the company, who got fucked just as bad by the corruptor, and therefore will lose their holdings if it files for debt protection. They have a strong vested interest in bringing the company back up to par, and also the knowledge and history to be able to affect enough change - more importantly, they can convince Street analysts that they can turn things around.
- jDs0
Unless you have incredible forsight or insider info. the chance that you will make signifigant gains without a large capital investment are slim.
Have you thought about real estate? The stock market is modern fuedalism.
danthon
(Nov 14 05, 12:27)No offense, but imo this is patent nonsense.
- mrdobolina0
the real estate bubble is about to pop in this country. might not be the gravy train it has been for the past 15 years.
- jDs0
the real estate bubble is about to pop in this country. might not be the gravy train it has been for the past 15 years.
mrdobolina
(Nov 14 05, 12:32)true dat! plus you have to take care of it - plus you have to make interest payments on the capital, plus plus plus - real estate is most certainly not what people believer it is as an investment vehicle.
- mrdobolina0
if you have a ton of money, put it in treasury notes. they pay shit for interest, but are the safest investment you can make.
you are a young guy, dont go too ape shit, you work full time anyway.
I know a bunch of guys that played stocks like they were betting on games and fucked off tens of thousands off dollars.
- gruntt0
invest in tattoo removal services. from the looks of things around that business is going to boom in about 10 years.