Anybody here trade on the stock market? - Page 2

September 17, 2012 @ 08:33 PM

escobarwon

Post: 152

Join Date: Feb 2009

Location: Bogota,Colombia

wow thanks for all the advice! and shit had no idea about the lenny dykstra situation but of course im not goin to pay 60$ a month to a guy who isnt a pro or doesnt know what the hell hes doing.And idk about goin to bank and asking for advice theyd probably try to make me invest with them but good idea on goin to college and joining a financial club might really try that. O and truuuuchainz dam man how u find that oil stock congrats on making a few grand on that what blogs/forums should i check for the latest news and tips

twitter @ColombianCoke

September 18, 2012 @ 01:10 AM

hypoh

Post: 2461

Join Date: May 2008

Location: NoVA

The market is so volatile on any given day it's best to just diversify and invest for the long-term, especially if you don't know what you're doing.

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September 18, 2012 @ 01:16 AM

REVS

moderator

Post: 2366

Join Date: Dec 2011

Location: Philadelphia, PA

The market is so volatile on any given day it's best to just diversify and invest for the long-term, especially if you don't know what you're doing.

This.

RIP - Kids DAC. FREE - MFONE, AGANY, MOOK. Now Serving Felonies.

September 18, 2012 @ 02:16 AM

Soul Rize

Post: 1188

Join Date: Dec 2010

Location: Houston

i got inside information. hehehe

messsage me fam .

Cmon get down with a real nigga wussup

September 18, 2012 @ 03:16 AM

kr00kd

Post: 1709

Join Date: May 2011

Location: ATL

made a killing on bitcoins

not stock market but it kinda acted the same

http://hypebeast.com/forums/apparel/166901/

September 18, 2012 @ 03:25 AM

jaded

moderator

Post: 7521

Join Date: Feb 2008

Location: ಠ______ಠ

wow thanks for all the advice! and shit had no idea about the lenny dykstra situation but of course im not goin to pay 60$ a month to a guy who isnt a pro or doesnt know what the hell hes doing.And idk about goin to bank and asking for advice theyd probably try to make me invest with them but good idea on goin to college and joining a financial club might really try that. O and truuuuchainz dam man how u find that oil stock congrats on making a few grand on that what blogs/forums should i check for the latest news and tips

My point is just to avoid those newsletters altogether and do your own research. Dykstra got a 60 minutes interview, he had Jim Cramer praising him, and the whole thing went belly up and last I heard Dykstra was bankrupt. People who are touted as experts rarely are.

i'm the best mayne, i deed it

September 18, 2012 @ 05:23 AM

D. Rose

Post: 2083

Join Date: Sep 2010

Location: Planet Nars

I'm in the same boat. I wanted to start of slow and small so I just have 5k in mutual funds right now. Current value is at 6.2k. It's on high risk and I'm planning to keep it long term, 10+ years or whenever I actually need it.

What else could I do?

LOWBALL PARADISE: http://hypebeast.com/forums/apparel/159669

September 18, 2012 @ 05:27 AM

jaded

moderator

Post: 7521

Join Date: Feb 2008

Location: ಠ______ಠ

If anyone is interested in stocks, read the three books Peter Lynch wrote, the references in the books are from the 90's but his advice on how to research and build your own portfolio is still applicable today.

i'm the best mayne, i deed it

September 18, 2012 @ 08:53 AM

powerball

Post: 571

Join Date: Jul 2008

market is way too volatile to just fuck around with in this day and age. unless you guys really know what you're doing, i recommend starting small and doing some readings like jaded said. you could easily lose all 10k by making some dumbass trades that you hear from somewhere online. take a class in finance whether it's valuations or investments, learn to analyze financial statements, cash flows, etc then start trading. till then don't fuck around with your money like that.

September 18, 2012 @ 06:36 PM

jaded

moderator

Post: 7521

Join Date: Feb 2008

Location: ಠ______ಠ

Being able to read a balance sheet is really important. The book I'm reading now called Beating the Street by Peter Lynch explains what to look for and also how some companies hide debt on their balance sheets to appear stronger. Pretty good book so far.

i'm the best mayne, i deed it

September 19, 2012 @ 06:55 PM

escobarwon

Post: 152

Join Date: Feb 2009

Location: Bogota,Colombia

good stuff on hear gonna check out those books and might hold off on trading for now or justinvest long term. thanks again il check back in with u guys in a few months

twitter @ColombianCoke

September 19, 2012 @ 07:17 PM

Clint Beastwood

Post: 218

Join Date: Feb 2009

Location: SD

bought 500 shares of costco last year

but need to diversify my bonds

September 20, 2012 @ 01:02 AM

thoroprod

Post: 252

Join Date: Jan 2012

Location: US

high yielding REIT's are the way to go with the housing market bottoming and the Fed guaranteed interest rates at 0% through 2015. the Fed also announced recently in its QE3 they will be purchasing 40million in mortgage backed securities EACH month.

I have position in MFA currently, 0.23 dividend

and it is testing its 52wk highs. lookout for a breakout

http://thoroprod.com

September 20, 2012 @ 01:11 AM

treasured

Post: 49

Join Date: Aug 2012

Currently perusing a degree in finance,so hopefully I can get into it a little bit more after my freshman year

September 29, 2012 @ 09:09 PM

tellmewhentogo

Post: 3031

Join Date: Jun 2009

Anybody have any shares of Google?

Shit spiked like crazy this past week.

September 29, 2012 @ 09:25 PM

Panther.

Post: 1654

Join Date: Apr 2012

Location: Miami, FL

ʜᴏᴏᴘᴇʀ

( ͡° ͜ʖ ͡°)

September 30, 2012 @ 12:35 PM

hypoh

Post: 2461

Join Date: May 2008

Location: NoVA

Anybody have any shares of Google?

Shit spiked like crazy this past week.

25 shares here.

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October 18, 2012 @ 07:31 PM

TASK

Post: 513

Join Date: Mar 2011

lmao 60 point drop on google

October 18, 2012 @ 08:09 PM

Soul Rize

Post: 1188

Join Date: Dec 2010

Location: Houston

^ yeah shits op right now should go down a good 5 - 10% to make it deccent and worth its value

Cmon get down with a real nigga wussup

October 18, 2012 @ 08:22 PM

sublime

Post: 217

Join Date: Dec 2010

Location: 302

talk to a financial planner/consultant, if you have a friend who's mom/dad/uncle etc. is one go to them because they charge a lot just for their time

October 18, 2012 @ 10:52 PM

Otacon

Post: 282

Join Date: Nov 2010

Location: The Realness & F...

guys so i shouldnt just make an account with ameritrade and put a g into a random penny stock?????????????????

October 18, 2012 @ 10:53 PM

Otacon

Post: 282

Join Date: Nov 2010

Location: The Realness & F...

@escobarwon whats good #HBcolombia

October 27, 2012 @ 08:44 PM

escobarwon

Post: 152

Join Date: Feb 2009

Location: Bogota,Colombia

haha parcero! @otacon .................im glad we got this page poppin alot of good advice here

twitter @ColombianCoke

January 24, 2013 @ 01:18 AM

TASK

Post: 513

Join Date: Mar 2011

lmao 60 point drop on google

again down 50 points during after hours today

January 24, 2013 @ 03:27 AM

RiFF RaFF

Post: 1015

Join Date: Jan 2012

Location: San jose

let me break shit down to you in a nut shell.

long-term investing is the safest / best way to make money in the stock market.

short term will butt fuck you with the taxes and also the trade payments.

also, quantity or quality.

don't buy 10 shares of apple or google when you can buy 300 shares of a company that you believe will succeed.

10x 700 = 7k, apple goes up 100 dollars and you only made 1k.

300 x 23 dollars is about 7k. now that company releases some good news, grows and you're looking at 45 dollars a stock or doubling your money.

plus its more likely for a company to double at like 20 dllars then for google to double at 700

Be about it

January 24, 2013 @ 03:51 AM

damus

Post: 98

Join Date: Aug 2012

Penny stocks.

January 24, 2013 @ 03:56 AM

TASK

Post: 513

Join Date: Mar 2011

Penny stocks.

garbage

January 24, 2013 @ 04:10 AM

tellmewhentogo

Post: 3031

Join Date: Jun 2009

let me break shit down to you in a nut shell.

long-term investing is the safest / best way to make money in the stock market.

short term will butt fuck you with the taxes and also the trade payments.

also, quantity or quality.

don't buy 10 shares of apple or google when you can buy 300 shares of a company that you believe will succeed.

10x 700 = 7k, apple goes up 100 dollars and you only made 1k.

300 x 23 dollars is about 7k. now that company releases some good news, grows and you're looking at 45 dollars a stock or doubling your money.

plus its more likely for a company to double at like 20 dllars then for google to double at 700

Agreed, but most of the people on here not really into analyzing companies.

If you want to play with stocks, just invest in indices (much safer).

January 24, 2013 @ 05:49 AM

encore818

Post: 570

Join Date: Apr 2012

Location: Cali

only invest in what your familiar with. Sure some people make a lot off investing in some random stock that has sudden huge growth but thats such a small percentage of people.