[BobKingerman]

Maybe he searched "Stock Market", which would have yielded no results.

[double_j]

My advice -

A car forum probably isn't the best place to start your financial research. I'm sure people here mean well and might be successful investors but its kind of hard to tell who is who. Do your own homework, maybe seek the advice of someone you know you can trust in investing matters and become a frequent reader of the WSJ, FT, and some trusted investment newsletters/websites.

Only invest money you can afford to lose. Square away your cash reserves and 'safe' investments (CDs, relatively high interest acccounts) before putting anything directly into the market. Put some of that 'investment' money away in solid blue chips with high dividend returns or market index funds. Don't chase a short term gain until you know what you are doing. Remember the basic principles of risk and return (they move in the same direction). If someone tells you about a stock that sounds too good to be true, it probably is. Stay away from anyone who tells you that you have to invest now or you'll lose the opportunity.

At the end of the day, the stock market is basically legal gambling. The guy who says he knows about 'early phase pharma stocks that are guaranteed to pop' is no different from the guy who says he's got a sure line on the Steelers/Jets this weekend.

[bolinp78]

Originally Posted by double_j

At the end of the day, the stock market is basically legal gambling.

If nothing more than to keep this stupid thread going, I completely disagree. If you are throwing your money around at stocks hoping for short term pop (like you mentioned), then yes it's akin to gambling. If you invest with a long-term purpose in low-risk, low/long-term reward stocks, such as blue chips with dividends then it is not akin to gambling. Of course, however, all investing comes with risk attached.

[double_j]

Originally Posted by bolinp78

If nothing more than to keep this stupid thread going, I completely disagree. If you are throwing your money around at stocks hoping for short term pop (like you mentioned), then yes it's akin to gambling. If you invest with a long-term purpose in low-risk, low/long-term reward stocks, such as blue chips with dividends then it is not akin to gambling. Of course, however, all investing comes with risk attached.

Unfortunately since day trading really became huge with the public at large, there are just too many people out there who think of the stock market as a way to get rich quick. Long term investors (who believe that stock price should actually be related to expected future payouts) are few and far between.

Many 'investors' nowadays would be better off playing blackjack with their extra money. At least then they wouldn't be under the delusion that they're experts about anything real, or even worse, be able to sucker somebody else into losing money, too.

[Inspired]

Exxon? Anyone keeping up with them? Their stock is sky rocketing and is continuing to..

[E92TTKING]

Originally Posted by r53s65e90

Ρε συ πατριώτη Άλεξ! Τι περιμένεις να μάθεις με τη μαλακία που δέρνει το off topic;;;;;

χαχα το ξερω ρε. που μενεις στην California? σου αρεσει εκει?

εχει ολη κινεζι εκει? χαχα

Υια ρε μαλακα

[persian54]

Originally Posted by double_j

Only invest money you can afford to lose.

At the end of the day, the stock market is basically legal gambling.

I agree completely

But in a way, you have an advantage over regular gambling in that you hear about the news, reports, etc.

You have no idea what cards you will be dealt (unless you can card count very well)

[stylinexpat]

SLV should continue to do well. First target is $35 then $40 and then possibly $50 this year.

http://www.google.com/finance?q=slv

I also like NVDA. First target price is $30 and then off to $40 this year as long as the stock market does not crash.

http://www.google.com/finance?q=nvda

[Augenbrauezug]

I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.

[stylinexpat]

Originally Posted by Augenbrauezug

I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.

This should be good.

http://www.bloomberg.com/news/2011-0...n-u-s-ipo.html

[Buegie]

Originally Posted by Augenbrauezug

I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.

read investopedia, good basic info.

ETF's are exchange traded funds. They're similar to mutual funds in that they are groups of securities that you buy into in order to spread your risk around. MF's though are marked to market, meaning that they are settled at the end of each day at 6pm and the gain/loss is computed. ETF's on the other hand are traded just like equities and their values move throughout the day.

[Augenbrauezug]

Originally Posted by stylinexpat

This should be good.

http://www.bloomberg.com/news/2011-0...n-u-s-ipo.html

Danke, I think it's funny I'd trust the guys and gays here in OT before I'd trust any random google search with my finances.

LMFAO I meant guys and gals. I'll leave it for comedic value.

[Inspired]

Exxon continue to go..

http://www.google.com/finance?q=exxon

[Shorting]

nice didnt know this thread was here

[BayMoWe335]

I've made some quick/easy money on XOM, V, CSCO, VZ, DIS, BAC, GLD, WFC, RIG, BP, LVS, YHOO, HPQ, AAPL, and others. I enjoy investing and have very black/white rules to keep emotion out of trading. I make 20-25%, I take some or all off the table. I also separate my short and long term investing strategies. Sometimes, I take it off the table even sooner (maybe at 10%). That hurts when the stocks you were in keep going up after you sell, but protects you from being too piggish and losing your profits. You have to stay zen about the whole thing and remember any profit is good. You also need to know when to admit you're wrong, unless you can hold for a long, long time.

A word of warning: This market has been extremely bullish for the last 6 or so months. It was even better from about Mar09 to Mar10; everything was up. Dipped a little, now same story. Basically every company made you money if you were long, so it would appear you are a genius stock picker during those times. Be careful. This market has run up a lot and might even run up more. I am struggling with the prospect of getting too deep in at these levels because a pullback seems to be imminent. Not a crash, but maybe a 10% pullback. I am roughly 50% in and 50% out at the moment. The above companies are examples of solid, large companies that had success in the past and were beaten down during the last recession. You just have to have confidence they'll turn it around and become great again. Many of the above did just that.

[achien]

time to sell or short some stocks...

you know the bull market is over-bought when you have e90 members talking about stocks...

[stylinexpat]

Silver is doing good so far today in Asia and Europe.

http://www.kitco.com/market/


SLV should see some nice gains when Market opens back up on Tuesday in the US.

[stylinexpat]

My SLV Targets should hit this year. and I have a target price for $110 for OXY.

http://www.brisbanetimes.com.au/busi...222-1b3iq.html

[JayKay335i]

Originally Posted by stylinexpat

My SLV Targets should hit this year. and I have a target price for $110 for OXY.

http://www.brisbanetimes.com.au/busi...222-1b3iq.html

Damnnn. I sell my OXY for $20 each.

[stylinexpat]

Originally Posted by Augenbrauezug

Danke, I think it's funny I'd trust the guys and gays here in OT before I'd trust any random google search with my finances.

LMFAO I meant guys and gals. I'll leave it for comedic value.

Keep an eye on my calls then

[jlspeed29]

Originally Posted by MrRoboto

SIRIUS has treated me well so far.

also...thank you Lybia...USO up 5% today

[hl0m4n]

we shoulda all bought stocks of netflix back in the day for cheap at $20 and sell now at $200 . their 5 year chart really impresses.

also under armour was once $12 and is now $70s.