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Investing
Anyone know anything about investing, I just got a TDAmeritrade account, and was planning to put maybe 500$ in and see what happens. I don't care if it goes to 0, but if it doubled that would be cool to. Buying on margin is out, I don't want to end up in the poor house.
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Re: Investing
smal cap mutual funds and MMA are the way to go.
if you wanna deal with the other ----, then be prepared to throw thousands of dollars into it. dont gamble man. |
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JSDA....
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Re: Investing
I also have a TDAmeritrade account (had it for about 5 years)... as far as picking stocks, it really depends on how much time you want to dedicate.
If you want to pick 'em and forget about them, go with a mutual fund. However, you also mentioned you don't care about risking it all... in that case (if you have some time), I'd try "penny stock" trading. Basically, it's actively trading small, high-risk (and thus high reward) stocks. To trade those you need to do a bit of research, use screeners, etc. Personally, I'm just getting into trading foreign currencies (Foreign Exchange = Forex). Also a more active trading route, but I'm just trading a "demo account" which uses real-time info, but with fake money so you get some practice. For more info about Forex, go to babypips.com, lots of good info. |
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i have about $10k in the Australian market, doing really well because i sold when market top out 3 months ago, and got in this week hella low, after the market crash. i'm going overseas this year :6
i just buy / hold / sell, its easy, you just track the top 10 companies and buy low... |
Re: Investing
theres alot to investing and it requires alot of reading, basically what you should do is see if your ameritrade account has some kind of stock analysis tool and spend time researching various companies. basically the way it works is your betting on a companies performance for the quarter, so say (someone mentioned penny stocks) theres a pharmaceutical company working on fda approval of a new cancer medication or whatever, currently there stock is at $.20 a share, if they get approval to start distributing their medicine their stock jumps to 30-100 per share and you make alot of money, chances are though they won't get approved.
so, what you do is look at a stocks history, whats it peak price, whats the lowest, is there a trend? whats the company investing in? also I use fidelity and they have a research "watch function" that allows you to make a fictitious purchase of as many shares of whatever stock you want and allows you to watch its performance, so if it flops you don't lose any money and will teach you to do more research before putting any money down. Also anouther thing to note about online trading is that its not really in "real time", and you have to take commision into account, so say you have 20 shares of stock and want to sell it for a profit of 100 dollars, somone actually has to sell that stock and because of the delay it may not be the same price as it was when you signaled the sale, then that someone gets a commision of 5$ per trade or whatever. Anyway you can make money with cheap stocks but always remember that theres a reason they aren't worth very much. subscribe to a stock analyst newsletter and go from there, precious metals is your best bet though if you don't want to deal with all the ----, historically the price of gold/silver jumps everytime the market crashes. |
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apple, and grab some of that visa ipo fri morning
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call options otherwise your 500 is controlling nothing...
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Originally Posted by yayopwrcrx
apple, and grab some of that visa ipo fri morning
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Thx for the advice, I already have a roth-IRA that I'm going to do my safe investing with, mutual funds and high grade bonds. I have been trying to learn on investopedia, I think my approach is going to be to learn to find the intrinstic value and then use technical analysis to time the purchase. It's funny how people hear stockmarket and they think rich(my wife), I don't have any dellusions about beating the people that do it for a living. My goal is to earn average returns(in the IRA), and use maybe 10-20% for speculation.
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Well at least you're realistic about it. Also, just to add to my previous post about the Foreign Exchange market - 90% of people lose money trading in this market. It takes months of reading and years of practice to make money. Right now I'm in the "months of reading" phase.
However, all the negatives aside, I personally know someone making over $50K a month (he's my mentor, if you will). I just hope to make a few bucks on the side... I'll let you know how that pans out :P |
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Usually IPO's are sold to big companies and joe blow can't just waltz in and buy that ---- up.
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i wouldn't mess with investing unless you have 4k+ to throw around.
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Re: Investing
Originally Posted by crxmatt2
i wouldn't mess with investing unless you have 4k+ to throw around.
to the op, just look at the top 5 shares for a start, track their prices, and buy when they bottom out. |
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INVEST WITH A COMPANY CALLED JONES SOFT DRINK COMPANY They dont use corn seruipe of how ever it's spelled and they use sugar cane. CORN is on the rise for biodesil. I bought 3000 shares with my tax return and I already gained 243 back. They are on the rise while the other use corn syrupe they have a cheaper market with a great monthly collectors items like PUKE, BARF, Foot FUNGUS, ITCHY SCRACH drink's and so forth. INVEST IN THEM. 20% MARK UP IN tha LAST `18 QUARTERS
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lol, its pretty bad when the company you recommend is listed in an article titled "Worst CEO of the year".
http://www.marketwatch.com/news/stor...B0A2D37E471%7D besides where are you getting this info from, from what i see that stock dropped 3.34% to 5.79 a share, it started the year at 32.60 a share and has went down ever since, i do see why its recommended though because its cheap and they did just sign a deal with alaskan airlines. so hopefully it starts moving back up JSDA - JONES SODA CO 52 Week High 32.60 on 04/16/2007 52 Week Low 5.12 on 01/22/2008 |
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cans...
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There is a lot of uncertainty in the market right now, its probably not the best time to just jump in.
If you are serious about investing... take up a finance major... you'll learn theres a lot more to it than just picking a stock. |
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If it's such a bad time to be getting into the market, why is Buffet buying all kinds of ----? Market has hit its low plateau, its going to go up
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Re: Investing
Originally Posted by QikEnuF
If it's such a bad time to be getting into the market, why is Buffet buying all kinds of ----? Market has hit its low plateau, its going to go up
and who said the market has hit bottom. Only about 6 months after a recession do we have enough information from economic indicators that we where actually IN a recession. My guess is we still have about another 10 months before things start clear up. If you subscribe to bloomers or wallstreet journal, them ----------ers are reporting new write-downs every ------- day... billions upon billions... credit crunch, subprime mortgages, and leveraged buyouts. its all fucked... theres also a liquidity problem going on in our economy. Banks are so strapped they don't even want to loan to other banks because they don't know how much REAL ---- they're in yet. So if you think you are Buffet... be my guest. Please report back with your gains..... :P |
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shoulda ploped down on google stock when it was sub 160 a share like me. ;) (bought 15 shares @ 144, and another 3 shares @ 362.) Im up what like almost 5k right now??? woot for me :)
and with google expected to top $600 by next year... im riding the wave till the bicth crashes two years in a row. shiiiiat if it ever hits 700 it'll pay the loan off instantly for the 15 acers i bought and listen to QikEnuF, the market will be going up. Democrats have the senate, and the house. All politices aside... Republican ideals (economic libertarianism,grossly over conservative economics)m even before the republican party split itself has always brought about downfall in an economy. Where the reverse is true for the democrats... Most likely, even if JM wins the presidency race, the overbalance in congress should be enough to keep a recession at bay. (and cite a big economic swing upwards afew years down the road if the half black wins.) That's just how t historically works. All the ups and downs, sorry... It's black an white, check the books. Back on subject. Quik is all over it. If you've got money to spend and you wanna do the market, now is a perfect time to find yourself something that'll *shoud* return 4-6 years down the line... Let's face it, too much too late if you wait another 3-4 years thinking about it! |
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I would highly recommend gold/silver even though your a little late... I made a killing the last two years... Look it up online, I got into this ---- by accident and i'm lovin it
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Re: Investing
Originally Posted by evosol
You and I are not Buffet, they are involved in derivatives that us normal humans don't understand. Hes got his team of researchers plus hes got the money. You and I have jack-----.
and who said the market has hit bottom. Only about 6 months after a recession do we have enough information from economic indicators that we where actually IN a recession. My guess is we still have about another 10 months before things start clear up. If you subscribe to bloomers or wallstreet journal, them ----------ers are reporting new write-downs every ------- day... billions upon billions... credit crunch, subprime mortgages, and leveraged buyouts. its all fucked... theres also a liquidity problem going on in our economy. Banks are so strapped they don't even want to loan to other banks because they don't know how much REAL ---- they're in yet. So if you think you are Buffet... be my guest. Please report back with your gains..... :P Back on subject, $500 might not be a lot to make any kind of big profit unless some penny medical stock somehow finds the cure for cancer and gets FDA approval, but you can still turn a reasonable profit if you are patient and do some research first. Couple bits of advice would be pick something in an emerging field, nanotech for example is my big thing right now with my minimal savings. Figure out what kind of research/developements/trials the companies in that field have to give you an idea of what kind of potential they have as a business. Check out financial reports, recent acquisitions by the company, and all sorts of other financial documents like budget/expense reports that I am too lazy to list by name. Then you take a look at the stock itself. Hopefully there are some you can afford in a block of lets say 20/50/100 shares, because that makes it a bit easier to keep track of, but thats just me. Look at past performance in the long term and the short term, look at what major firms are buying into them, check out the Price/Earning mark, all the ---- you can find online with a simple search or more detailed search of investment company portfolios. Then make a decision on something that looks like a winner and cross your fingers and pray you get the next Google. Or if you have enough scratch, BKB (Berkshire Hathaway B) is a firm investment that will get returns, just not as volatile or cheap as some other alternatives (shameless plug for Buffet over). But that is a lot of scratch that $500 won't come close to. All in all, it is all about research, and not the kind you can find in something put out by the media, because they are in it for the money as well. ---- the Wall Street Journal |
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or better yet, since you have an account with tdameritrade, go to their website and click on the "Research and Ideas" tab. Just like turboing a car you have to know how ---- works before you start buying parts. :6
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Re: Investing
Originally Posted by QikEnuF
Please stop talking. Seriously you don't understand ---- all about the economy. You get all your little bullshit ideas from ------- magazines and the WJ that are made to do one ------- thing, which is to sell goddamn subscriptions.
Back on subject, $500 might not be a lot to make any kind of big profit unless some penny medical stock somehow finds the cure for cancer and gets FDA approval, but you can still turn a reasonable profit if you are patient and do some research first. Couple bits of advice would be pick something in an emerging field, nanotech for example is my big thing right now with my minimal savings. Figure out what kind of research/developements/trials the companies in that field have to give you an idea of what kind of potential they have as a business. Check out financial reports, recent acquisitions by the company, and all sorts of other financial documents like budget/expense reports that I am too lazy to list by name. Then you take a look at the stock itself. Hopefully there are some you can afford in a block of lets say 20/50/100 shares, because that makes it a bit easier to keep track of, but thats just me. Look at past performance in the long term and the short term, look at what major firms are buying into them, check out the Price/Earning mark, all the ---- you can find online with a simple search or more detailed search of investment company portfolios. Then make a decision on something that looks like a winner and cross your fingers and pray you get the next Google. Or if you have enough scratch, BKB (Berkshire Hathaway B) is a firm investment that will get returns, just not as volatile or cheap as some other alternatives (shameless plug for Buffet over). But that is a lot of scratch that $500 won't come close to. All in all, it is all about research, and not the kind you can find in something put out by the media, because they are in it for the money as well. ---- the Wall Street Journal I know exactly what approach you are taking... and unless you have taken some formal education in long term capital budgeting... you don't know what the ---- your talking about. See, i'm a Double major, Finance and Operations management w/ a minor in Economics. So I think its fair to say that I know a thing or two about the inter-minglings of the current economy and the money markets. See... i could ramble on and on for days about case studies ive done, theories on diversification and asset classes... but since we both know that in the investment world (and most everything else in this world) knowledge is power, and since you already know it all... i won't waste my time. :P :6 |
Re: Investing
Have you actually done your own research into stocks? Or just read papers by other people and put those into your little school papers? Unlike a lot of people, I am still making money in the market, what first hand experience do you have with the stock market outside of class? Formal education in a college? Haha, yeah sure. You studied all sorts of theories but you never put them into practice with your own money. Get off your high horse. Incidentally, it appears we have the same type of school setup in terms of majors/minor, except I'm going for a leadership minor.
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So you are also a finance major and you are telling me that public information doesn't move markets?? Exactly like I said before, you are an unsophiticated investor, a hackjob at best.
You are right about one thing though... I have NOT had any experience investing with my own money. But ive had experience investing with other people's money. Last year 5 other students and I put together a portfolio for the biz dept's investment club that averaged nearly 18% the first half and 13% the second half. This year that same portfolio has stayed untouched and its still 9-10%. I ain't claiming that i'm tha ----, cause i'm huble like that, but i know when to call BullSHIT when i see it. Anyway... i'm sure people can see that... anyway... its time to take my high horse to class. later. |
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I bought into a REIT the other day, that had reported solid earnings for the last 7 years. My idea was since all these jokers are being booted out of their sub-prime financed homes they will have to rent, which means the REIT should be able to increase it's earnings. It's just a speculation but I'm going to wait it out and see.
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Re: Investing
Originally Posted by xpert787
I bought into a REIT the other day, that had reported solid earnings for the last 7 years. My idea was since all these jokers are being booted out of their sub-prime financed homes they will have to rent, which means the REIT should be able to increase it's earnings. It's just a speculation but I'm going to wait it out and see.
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Re: Investing
QikEnuF > evosol
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Hahaha 8)
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Re: Investing
Originally Posted by Toysrme
QikEnuF > evosol
I guess the HMT OG's around here wasn't kidding when they said this place was over run with idiotic douche bags now-a-days. This is HMT! Do anyone of you queers even own a turbo'd car??? Last time I checked thats how you earn respect round here... Ive been an official member since 03!! That might explain why you don't recognize any of my vouches bitches! cause when I was building my first HMT turbo kit and tuning w/ version 1.02??? Uberdata you little punk-queers where still tryng to figure out how to undress each other in high school econ. Let me tell you one thing... everyone claims to be a ------- authority, but only a few have the credentials to back it up. |
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Lol, I wish I had programs to tune my car when it was boosted, would have made life easier. I've got just enough money saved up in stocks and profits from the market to get another car. Give me another 6-7 months and I should be able to pick up a Silverado and throw a stupid big turbo on it. But we'll see where some of my idiot douche bag picks continue to go. And where are your "Credentials" about this topic? OH NOS< I GO TO THE SCHOOL TO LEARN THINGS SO I AM AUTHORITY. This is HMT, where I thought 1st hand practical experience meant more than what you learned in school, but that doesn't apply here?
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you got big dreams kid... keep dreamin.
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Don't we all though
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Originally Posted by evosol
Let the blind lead the blind, or in other words, keep riding your buddy's dick... that ---- is non of my business.
I guess the HMT OG's around here wasn't kidding when they said this place was over run with idiotic douche bags now-a-days. This is HMT! Do anyone of you queers even own a turbo'd car??? Last time I checked thats how you earn respect round here... Ive been an official member since 03!! That might explain why you don't recognize any of my vouches bitches! cause when I was building my first HMT turbo kit and tuning w/ version 1.02??? Uberdata you little punk-queers where still tryng to figure out how to undress each other in high school econ. Let me tell you one thing... everyone claims to be a ------- authority, but only a few have the credentials to back it up. oh and don't bullshit me about "credentials" and ---- youve done to a stupid ------- honda. Ive done more custom turbo projects than you have horsepower in your piece of ---- honda. FOr that matter... I bet Ive done more one off projects on toyota's alone since 03 than you've seen turbochargers in person. Ex toyota mechanic Ex MIS Ex rna worked in a high end SCCA racing engine machining shop Welder which pretty much means i know more than you about everything. |
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lol, why don't you guys have like a contest to prove who is smarter, just both of you pick a stock and then in a week we will see which one is performing the best, whoever wins can be the official HMT investment adviser or whatever.
I'll do it first, heres one of mine: ENER ENERGY CONVERSION DEVICES, INC. last trade was at 28.12, its gone up 22% this year already and i expect it to continue on this trend because they make solar panels, they hold a patent for a very special panel that is thin like papaer and flexible so it can be mounted on a roof ( they just got awarded a contract with gm for the saturn vue hybrid) and they cost less and are more efficient than standard glass encapsulated panels. oh yea, i dropped out of highschool in 9th grade and have no formal financial trading education, but i do play with real money :) |
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Haha a week to turn a profit? BKA, hands ------- down. Just sheere amount of profit, but it is one of the pricier (priciest?) picks per share. I win the most profit $ though
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Re: Investing
whats bka? you talking about birkshire hathaway or something? might as well just say gold, thats easier but i don't understand what you mean by not beiing able to make a profit in a week? the dow dropped 300 points in one day (monday wasn't it?) you don't think someone made some money in put options that day? i made 43 dollars today off the stock i just posted, sure its not much but i also only have 50 shares, if i had 500 it would be a different story (not to mention i would be quitting my job to become a day trader) its just a hobby though.
i'm not trying to prove anything or whatever, its just annoying seeing the above argument has no real value because rather than give this guy actual investment advice you guys are just trying to show whos smarter or whatever. ::) |
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I did give advice, then captain douchewagon said not to buy..
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