Investing in the Stock Market
- Thread starter URDONE
- Start date
sharkbite1979 said:
Same here. the international funds in my portfolio are doing the best and making me the most return. I am diversified over small, medium, large caps, real estate and international funds. I invest through my 401k plan which is Principal financial and they offer all different funds from Fidelty, Janus, and so on. I am currently in one Fidelty International fund and 2 Principal International funds and they are all doing great. my Domestic funds have'nt done too bad either over the last year. Happy Investing!
Later, 04MysticCobra.
URDONE said:
i use e-trade. since i am near a computer 12 hours a day i watch it alot. just start lite it can be a bad habit. i use a co north of me for roth, and ira acct. she would buy and sell a few times but for 30 bucks a swap, i am out.
Real estate,Wall St is for the big boys.
I've invested in some petroleum drilling/research firms over the past 6 months...
I look at it like this: when the price of oil jumps I make money and sell.
When the price of oil drops, gasoline prices go down...eventually...
That and gobs of mutal funds from around the world, specifially emerging markets in the pacific rim.. Hell, if big business can make money over there, why can't I?
I look at it like this: when the price of oil jumps I make money and sell.
When the price of oil drops, gasoline prices go down...eventually...
That and gobs of mutal funds from around the world, specifially emerging markets in the pacific rim.. Hell, if big business can make money over there, why can't I?
Investing in Stocks is tough for the common joe who just wants to get some long term security built up. the market is FLOODED with day traders and such who are just out to make a quick buck on small shifts int he market. this process works great for them, since theya re glued to the monitor and keeping abreast of tiny fluctuations and trends, but for the simple investor, it doesn't work. the stock market was designed to allow people to invest in companies over the long term in an effort to increase capital for the company, and in turn, their production and net worth.
you're better off investing in something with less return but more stability. hell, even a 5% money market will provide a nice nest egg down the road if contributed to steady basis.
just my .02
you're better off investing in something with less return but more stability. hell, even a 5% money market will provide a nice nest egg down the road if contributed to steady basis.
just my .02
fullofvenom said:
Good advice if you're 60 or over.
MTI LS1
New Member
My good friends dad is the CEO of Ameritrade. Good guy and great company, I use them and dont have a problem at all.
Use ameritrade also ! No real complaints.
Taken a bath with ADSX, DOC, and now SIRI.
F'n Stern is killing Sirius. Glad I bought more at 7 dollars and bought the hypeof Howard and Nascar pumping Sirius !
Taken a bath with ADSX, DOC, and now SIRI.
F'n Stern is killing Sirius. Glad I bought more at 7 dollars and bought the hypeof Howard and Nascar pumping Sirius !
I have been investing since 1982. In the last 13 months my portfolio has gone up 30%. For novice investors I recommend mutual funds only! I am a lawyer and sue stockbrokers for defrauded investors. I am convinced most people can do a better job investing themselves rather than rely on brokers, who have no more clue about the future than you do. Gold and penny stocks are very high risk. Diversification is key. No more than 3% in any one company to avoid "company risk"! Real estate has run up very high in many places like San Diego, Boston, etc. Use discount brokers and research. I like Schwab, they are a little higher in price but are not going out of business. Screen for best performing funds in last three months and invest for a year as most trends last longer than three months!
Real estate has many holding costs, like real estate taxes, maintenance, insurance, utilities, furnishing, high transaction fees for broker, title insurance, etc. Usually only make real money if hold for at least five years.
The best deal is a Roth IRA, no tax deduction going in but no taxes coming out! Leave for tax free compounding for fifty years! Set up son's account, he is 24 with $13,000 now. Should be worth $1 Million in fifty years...
I am now invested in energy, gold, emerging markets, Latin America, Korea, titanium, steel, railroads, and Russia. All in keogh and IRA accounts.
Small gold companies are being acquired by larger ones, but this is high risk speculation and not for the novice. Check out what happened to MRB and DEZ recently. AUY bought DEZ and the price rose 15%, 20% premium over prior price. The combined company looks good, so I will continue to hold. I was in Titanium Metals at 15, sold too soon at 35, now it is 82, split and is 41! Still going up!
Real estate has many holding costs, like real estate taxes, maintenance, insurance, utilities, furnishing, high transaction fees for broker, title insurance, etc. Usually only make real money if hold for at least five years.
The best deal is a Roth IRA, no tax deduction going in but no taxes coming out! Leave for tax free compounding for fifty years! Set up son's account, he is 24 with $13,000 now. Should be worth $1 Million in fifty years...
I am now invested in energy, gold, emerging markets, Latin America, Korea, titanium, steel, railroads, and Russia. All in keogh and IRA accounts.
Small gold companies are being acquired by larger ones, but this is high risk speculation and not for the novice. Check out what happened to MRB and DEZ recently. AUY bought DEZ and the price rose 15%, 20% premium over prior price. The combined company looks good, so I will continue to hold. I was in Titanium Metals at 15, sold too soon at 35, now it is 82, split and is 41! Still going up!
Hmmm...the list. Well, I STUPIDLY bought Krispy Kreme right before they took a nosedive, also, Sirius satellite didnt do jack squat, but its not TOO bad yet. Apple, well, it WAS doing great, I shouldve sold it at 85, and not waited.madmatt said:
But in real estate you can make extra gain in renting it,there is no free money in this world.
madmatt said:
My list
CSCO - I'll hold long term but bought in at 20. Think it's been around 17 - 18 for the last two years. Sucks !
LU - Had a lions share but decided to get out of it and put my money in SIRI.
SIRI - Was doing great. Was actually in at 3 and sold at 5 or so. Then I heard about NASCAR and STERN and just before Christmas put alot into it thinking it was going to have a big rum. Was I mistaken. Down 20 % since Stern sold his 200 million worth of shares. Friggin Asshole.
BCRX - Pumped this one for a 22 % gain in 3 days when the bird flu pandemic came about. Not even really bird flu related but took the advice of a message board member and gained 200 dollars in one week.
Wouldn't touch it now though. Goog - Got in on the IPO with three shares
. Still own one. Up almost 300 % Was broke as hell at the time.ADSX - Bought at .40 cents. Reverse split. Lost my ass
Now I really don't know what to invest in. Most of my money is still in CSCO and now SIRI. Actually only two stocks I own. I'm no genius that's for sure. Had some good luck but had alot of really bad luck also. Wanted to get in on CHK but decided to buy SIRI instead like a dumbass. Natural Gas was what I should have put my money in but didn't. The pump and dump and short is for the more savy investors. I'm not that I can assure you that. Oh wells it has taught me how money works and has been quite the learning expierance. Plus, my 401 k is up big
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