Whos played/plays the stock market?

[phoenix6]

Im looking into learning and getting into the stock market. I was just curious who on here has done it before or is currently doing it. I wanna learn some pointers and such, what I need to get started, whats good starter stocks and things like that. I realize its a big tricky scene but id like to give it a shot, I think I might be good at it. Thanks guys.

 

[ShagsSupra]

Your gona ask a bunch of guys with 20 year old cars (majority of the people are like 16-19) about investing in the stock market lol Good luck

 

[Yellow 13]

Starbucks stock WOOO!


Peter Moore (director of LOTR) is starting a new video game company called Gearhead studios thats backed by Bungie and Microsoft that will be releasing a new Halo game that should launch the company off. I would invest in his company, you can probally get the stock cheap since its just gonna be opening soon and as soon as the halo game hits its gonna take off.

Ensemble studios, the makers of the Age of Empires series is also making a Halo RTS thats getting alot of attention. You could look into them.

 

[suprasport91]

Your gona ask a bunch of guys with 20 year old cars (majority of the people are like 16-19) about investing in the stock market lol Good luck

Its only one of my cars

 

[ShagsSupra]

I dono much about stocks but ps3 is gonna bring in some money along with halo 3 for 360.

But I dono how stocks work.

 

[ChadMKIII]

Actually, depending on your goals, look into options trading. Thinkorswim has a good trading platform, lots of good analysis tools and options. And if you do it carefully its generally lower risk than straight stocks. Of course, where there's a potential to make easy money, there's also a potential to easily lose that money, but I think options are a better way to go. Check it out if you're serious about the stock market.

 

[Big Wang Bandit]

Next year I get starbucks stock for cheap. Yeyeye!

 

[fandffan]

The best thing to do befor buying a stock in a company is to research the hell out of the company. Look at their fiscal year high and lows. Best time to buy stock is right now. Stocks for every toy/video game/media company goes up end of november/christmas time. Sell the stock at the beginning of the year and you made a little chunk of change. Or thats what i've always planned on doing but i never have any money!

Just remember to reasearch them that is the key point.

 

[Shytheed Dumas]

I played the stock market freely one time and turned a $500 profit on a $100 investment in a few years on a penny stock, thanks to a very unexpected buyout after the stock really tanked. It was fun, but is was no different than going to the casino, and that's exactly how I looked at it.

If you really want to invest and be smart about it, then mutual funds are the only way to go. The first rule of investing is diversify, and mf's do that for you, but you choose how you are going to direct your money in general. Secondly, the fund managers are the all-stars of the investment world and they are doing their work for you. There is no way you will ever out perform a fund manager, so why not take advantage of their proven performance? So the last part is to learn about various funds. Decide how much risk you are willing to take, line up a bunch of funds, look at their 5 - 10 year track records and go with the best that has the lowest fees. 401K or just playing the market, it's the best way to go.

 

[killarb634]

With the federal Fund Rate moving up and up its a tough time to jump right into the stock market. I would personaly look at options first. The bond market is also fun to play with. Talk to a personal advisor so you know what you could put aside to play with. Also your not really playing. Its about your future. Do your research and be sure you talk with someone who knows the markets and you can trust

 

[born2drv]

I invest mostly in precious metals and commodities like oil, etc.... gold has been super volatile lately. I think palladium is the metal of the future, it's at around $300/oz and it should be at least $1000/oz by 2009/2010 I would say.

I don't really invest in the stock market much, but I love keeping up on trends in the market, etc... honestly I think F (Ford) is going to do VERY WELL over the next few years... have you seen some of the prototype Lincoln/Mercury cars coming out? Just as nice if not better then the lexus/acura's out there now. Plus their stock has taken such a big beating that they can only go up.

If you really want to learn about stocks, watch "Mad Money with Jim Cramer" on CNBC, it's very informative and even entertaining. If nothing else you'll learn about all the great american companies and what the trends in various markets are.

killarb634 - As for the federal fund rate --- it's been flat the last 2 meetings, they stopped raising it, and in fact many people are speculating the fed will cut soon. If you look at the past 6 months, even tho fed rates have gone up or held steady, the 10-yr bond rate and mortgage rates have all been coming down because of this speculation. The fed will not cut rates if inflation remains strong. The last few months inflation has been tame so they've held rates steady... commodities like oil, gold, natural gas, lumber, steel, etc have all fallen sharply which contribute greatly to inflation. if that trend continues or they stay down, the fed will be able to cut rates.

I could talk about stocks, commodities, federal reserve, etc for hours

 

[killarb634]

Born to drv- You are correct about the inflation factor however when they compute the cpi they do not include volative items like metal and OIL. The oil aspect i think is a big effect and should be included. The real estate market is changing as well but only in New home sales not existing home sales. All of this is not broken down but should be

 

[born2drv]

the cpi does include gasoline, but they have factored it out because of the high run up... that's why it is worthless now, i'll tell you why....

it's composed of all the basic nessessities to live.... groceries, gas, car, rent, etc... then they decide "oh, gas is too volatile now, let's calculate cpi without gas" ... then they're like, "oh, groceries are going up because of gas, so lets get rid of that" ... what's next? home prices are plummetting making rent increase nationwide, so lets get rid of that too?? ( rent is the largest contributor of the cpi) ... basically the whole thing is worthless.

the fed stopped publishing the money index numbers (so we wouldn't know how much money they are printing), they're basically bullshitting everything now in hopes they can keep inflation low and also prevent the economy from falling into recession. they can't have both. i think we'll either see a huge surge in commodities prices, or a mild recession overall with an ugly downturn in real estate, one or the other.

btw if you didn't know, venezuala stopped selling oil in USD$ and is now only selling oil in euros, russia will stop selling in dollars by about the middle of next year and sell in their new rubles now that they restructured their currency, and by 2010 all the middle eastern nations will only trade oil in a unified middle eastern currency they're developing. no one will want to trade oil for USD$ anymore which means the US won't be able to manipulate their currency and commodities anymore. what will that mean? just wait and see, we'll have $200/barrel oil, $1500/oz gold and $3000/oz platinum by 2012 or so.

 

[killarb634]

Keeping the economy rolling and controlling is next to impossible. If the real estate market turns alot of people are going to be fucked because of all the equity that they have already pulled out of the houses. This combined with higher interest rates are going to kill people and then they are going to have trouble refinancing their homes and you are going to see alot of foreclosures. This will suck for the u.s. but be nice for me since im 23 and would like to buy a home in the next 7 years.