Anybody here trade on the stock market?

September 17, 2012 @ 20:33:26 PM
Post: 161
Join Date: Feb 2009
Location: tampa,fl
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 @ 01:10:24 AM
Post: 2338
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.
September 18, 2012 @ 01:16:58 AM
REVS
Forum Moderator
Post: 3601
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.

I prefer carcinogens to endorphins.

September 18, 2012 @ 02:16:12 AM
Post: 1910
Join Date: Dec 2010
Location: Sparta
i got inside information. hehehe
messsage me fam .

Cmon get down with a real nigga wussup

September 18, 2012 @ 03:16:59 AM
Post: 1919
Join Date: May 2011
Location: beach
made a killing on bitcoins

not stock market but it kinda acted the same
September 18, 2012 @ 03:25:55 AM
jaded
Forum Moderator
Post: 8321
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 @ 05:23:36 AM
Post: 2089
Join Date: Sep 2010
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?
September 18, 2012 @ 05:27:09 AM
jaded
Forum Moderator
Post: 8321
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 @ 08:53:38 AM
Post: 402
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 @ 18:36:37 PM
jaded
Forum Moderator
Post: 8321
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 @ 18:55:59 PM
Post: 161
Join Date: Feb 2009
Location: tampa,fl
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 @ 19:17:08 PM
Post: 217
Join Date: Feb 2009
Location: SD
bought 500 shares of costco last year smokeyface but need to diversify my bonds

instagram @ j_repp VIP host in SD, HB fam hmu for hook up

September 20, 2012 @ 01:02:23 AM
Post: 312
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 smokeyface and it is testing its 52wk highs. lookout for a breakout

This post is hidden due to user account is no longer active or improper post content.

September 29, 2012 @ 21:09:06 PM
Post: 2981
Join Date: Jun 2009
Anybody have any shares of Google?

Shit spiked like crazy this past week.
September 29, 2012 @ 21:25:31 PM
Post: 1654
Join Date: Apr 2012
Location: Miami, FL
ʜᴏᴏᴘᴇʀ

( ͡° ͜ʖ ͡°) Florida State Seminole

September 30, 2012 @ 12:35:55 PM
Post: 2338
Join Date: May 2008
Location: NoVA
Anybody have any shares of Google?

Shit spiked like crazy this past week.

25 shares here.
October 18, 2012 @ 19:31:13 PM
Post: 588
Join Date: Mar 2011
lmao 60 point drop on google
October 18, 2012 @ 20:09:57 PM
Post: 1910
Join Date: Dec 2010
Location: Sparta
^ 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 @ 20:22:08 PM
Post: 209
Join Date: Dec 2010
Location: Philly
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 @ 22:52:34 PM
Post: 318
Join Date: Nov 2010
Location: Queens
guys so i shouldnt just make an account with ameritrade and put a g into a random penny stock?????????????????
October 18, 2012 @ 22:53:23 PM
Post: 318
Join Date: Nov 2010
Location: Queens
@escobarwon whats good #HBcolombia
October 27, 2012 @ 20:44:27 PM
Post: 161
Join Date: Feb 2009
Location: tampa,fl
haha parcero! @otacon .................im glad we got this page poppin alot of good advice here

twitter @ColombianCoke

January 24, 2013 @ 01:18:28 AM
Post: 588
Join Date: Mar 2011
lmao 60 point drop on google
again down 50 points during after hours today
January 24, 2013 @ 03:27:01 AM
Post: 1354
Join Date: Jan 2012
Location: Banlieue
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 @ 03:51:44 AM
Post: 85
Join Date: Aug 2012
Penny stocks.
January 24, 2013 @ 03:56:09 AM
Post: 588
Join Date: Mar 2011
Penny stocks.
garbage
January 24, 2013 @ 04:10:43 AM
Post: 2981
Join Date: Jun 2009
Originally posted by Inactive User
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 @ 05:49:13 AM
Post: 573
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. 
Please login first to reply.
x