04-16-06, 02:48 PM | #1 |
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stock market
after watching my dad play the stock market for a bit, i was thinking i could give it a try. what are your opinions on the stock market? so any of you use it or have tips?
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04-16-06, 07:49 PM | #2 |
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Definitely play it. You can make a killing. If you pick winners, you can easily make 30% gains annually. Go to yahoo finance, browse around, talk to your dad, buy an IBD newspaper ( Investors business daily) Watch Jim Cramers mad money, Then go out and give it your best shot. PM me if you need help, I'm nowhere near an expert, but I know a little.
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04-16-06, 09:40 PM | #3 |
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A well trained monkey, thowing darts at a business section, can pick winners as effectivly as the best expert on wall street. Diversify, go for long-term investments and you will surely do fine, but this is no get rich quick market and hasn't been since, oh 98 or so. And that bubble blew up.
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04-17-06, 05:41 PM | #4 |
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yeah, ive added the yahoo thigns to my front page. i heck em daily. apperas that i should be investing in the nasdaq, C, and yahoo. theyre going up. US companys are going to start rising as the quarterly pay comes in, and inflation may slow down, but its a low chance as oil is still about 70 bucks a barrel
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04-17-06, 07:05 PM | #5 |
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Best thing is currency exchange quick bucks there. Also look for company's which are doing well and pick their suppliers.the Asian market is where it's at right now China is in a full economic boom right now taking up 1/3 of the worlds steel. Look at a soft wear company that is taking off through the roof and pick their suppliers.
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04-17-06, 07:47 PM | #6 |
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Be careful playing foreign markets, rob is right about there being a lot of good money there, but you could get worked over. Check out: INSP, AEOS, HD, IPSU, AVD, ALTI, PBR, TIM and UARM. These are all high growth, yet fairly solid.
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04-18-06, 03:01 PM | #7 |
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right. yeah, i read china was doing great. my dad started me a custodial account with 40 bucks. invested a bit in the nasdaq and now ill watch to see what my next move should be
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04-18-06, 03:56 PM | #8 |
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Daggone! Today the market was up 200 some odd points!!!!
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04-18-06, 05:46 PM | #9 |
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did it? thats great! jeez this is addicting, im going to go check my shares
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04-23-06, 03:19 PM | #10 |
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I'm currently with a stock market club. We "day time trade" with markets that go up or down based on the prior results of the organized business.
If we see a co. that is about to rise we invest and then sell once it gets high.(duhhh) We've currently made good profits and will continue. In the event that you are attempting to join a club, ask questions. i.e. How old is this club, what type investments do they buy into, how much is the price to join this organization, etc..See if it's right for your expectations.
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04-23-06, 06:38 PM | #11 |
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hmm sounds cool. have you made some nice profits?
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04-24-06, 04:57 PM | #12 |
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Right now were at appx $6000.00. with our current traders we expect to climb. We haven't as of yet went with foreign co.s. However we have discussed it. Yes we are aware of the foreign trading, but they could close up there trading policies and we "could" loose alot.
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04-24-06, 06:31 PM | #13 |
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hey, the stock amrket it mostly risks... anything can happen
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