Investing
- StressedOut
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Investing
Okay,
i want to try investing my money in the stock market in certain companies (google, microsoft etc.) i want to use a private broker but i don't know how to go about it
my questions to you guys are
1)is it a good idea
2)who would i go through
Thanks y'all
Happy Holidays!
i want to try investing my money in the stock market in certain companies (google, microsoft etc.) i want to use a private broker but i don't know how to go about it
my questions to you guys are
1)is it a good idea
2)who would i go through
Thanks y'all
Happy Holidays!
Season 7 Begins- January 2009
- SirPostAlot
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- Joined: Sat May 10, 2003 7:28 pm
Re: Investing
im in econ and were doing this now
if you are going to invest make sure oyu have all your credit-card depts paid off 1st!! (major!!)
w/ those companies they are "low risk" meaning your money will be there but you won't make too much becuase they are expensive stocks to begin w/...
but to get a pvt. broker would be more expensive...
just call your local bank and talk to them about it...
good luck!
~Jeff~
if you are going to invest make sure oyu have all your credit-card depts paid off 1st!! (major!!)
w/ those companies they are "low risk" meaning your money will be there but you won't make too much becuase they are expensive stocks to begin w/...
but to get a pvt. broker would be more expensive...
just call your local bank and talk to them about it...
good luck!
~Jeff~
- StressedOut
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Re: Investing
ok well i dont have any credit cards or debt..
do i need credit?
do i need credit?
Season 7 Begins- January 2009
- SirPostAlot
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Re: Investing
no its just that the 1st thing you need to do is not have credit-card debt cuz of the interest...
starting out its best to get into companies that are "low risk" and when you have money that you won't miss if you looose it you want "high risk" stock that are start out companies where you can get alot of cash or loose it all...
but when investing ONLY INVEST MONEY THAT IS EXTRA...
you take your pay check and subtract 10% and put it in the bank...subtract all dept costs...subtract enough cash for all expenses (food, clothing, etc) and then the money left over that if you loose it - it won't hurt you too bad then that is the money you invest...
does that make sence?
~Jeff~
starting out its best to get into companies that are "low risk" and when you have money that you won't miss if you looose it you want "high risk" stock that are start out companies where you can get alot of cash or loose it all...
but when investing ONLY INVEST MONEY THAT IS EXTRA...
you take your pay check and subtract 10% and put it in the bank...subtract all dept costs...subtract enough cash for all expenses (food, clothing, etc) and then the money left over that if you loose it - it won't hurt you too bad then that is the money you invest...
does that make sence?
~Jeff~
- ToraToraTora
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Re: Investing
Birthdate: 20 September 1989
Just from that, i'm going to say that it's not a great idea. If you are, go for penny stocks, nothing huge, you don't want to wipe out your entire savings in an afternoon.
Wheee. I'm Hyper-Emo.
ΔΦ of ΔΚΕ #981 Class of 2004
History will be kind to me for I intend to write it.
Sir Winston Churchill
ΔΦ of ΔΚΕ #981 Class of 2004
History will be kind to me for I intend to write it.
Sir Winston Churchill
- StressedOut
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Re: Investing
tora,
ive already lost alot of money due to mutual funds my parents invested in
but i still have money to invest without hurting my life savings
ive already lost alot of money due to mutual funds my parents invested in
but i still have money to invest without hurting my life savings
Season 7 Begins- January 2009
- l3rok3n
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Re: Investing
Originally posted by StressedOut@Dec 19 2004, 08:56 PM
Okay,
i want to try investing my money in the stock market in certain companies (google, microsoft etc.) i want to use a private broker but i don't know how to go about it
my questions to you guys are
1)is it a good idea
2)who would i go through
Thanks y'all
Happy Holidays!
[right][/right]
Whoever you pick make sure you do research on them so that you know who you are giving your money to. Going through a well known broker would cost more but be better if you are just starting out.
You called yesterday to basically say
That you care for me but that you're just not in love
Immediately I pretended to be feeling similarly
And led you to believe I was O.K.
To just walk away from the one thing
That's unyielding and sacred to me
Well I guess I'm trying to be nonchalant about it
And I'm going to extremes to prove I'm fine without you
But in reality I'm slowly losing my my mind
Underneath the guise of a smile gradually I'm dying inside
Friends ask me how I feel and I lie convincingly
'Cause I don't want to reveal the fact that I'm suffering
So I wear my disguise 'til I go home at night
And turn down all the lights and then break down and cry
So what do you do when somebody you're devoted to
Suddenly just stops loving you and it seems they haven't got a clue
Of the pain that rejection is putting you through
Do you cling to your pride and sing "I will survive"
Do you lash out and say "How dare you leave this way"
Do you hold on in vain as they just slip away
That you care for me but that you're just not in love
Immediately I pretended to be feeling similarly
And led you to believe I was O.K.
To just walk away from the one thing
That's unyielding and sacred to me
Well I guess I'm trying to be nonchalant about it
And I'm going to extremes to prove I'm fine without you
But in reality I'm slowly losing my my mind
Underneath the guise of a smile gradually I'm dying inside
Friends ask me how I feel and I lie convincingly
'Cause I don't want to reveal the fact that I'm suffering
So I wear my disguise 'til I go home at night
And turn down all the lights and then break down and cry
So what do you do when somebody you're devoted to
Suddenly just stops loving you and it seems they haven't got a clue
Of the pain that rejection is putting you through
Do you cling to your pride and sing "I will survive"
Do you lash out and say "How dare you leave this way"
Do you hold on in vain as they just slip away
- StressedOut
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Re: Investing
well i was thinking of contacting firms like e*trade,invesco,janus,charles schwab
Season 7 Begins- January 2009
- Paris In Flames
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Re: Investing
Hey.
Please, listen to me.
Do NOT invest in the stock market. If you do...you're taking an emormous risk, especially at the rate our economy is dropping currently.
If you want to make a safe and secure investment in which you're guarenteed money, invest in real estate. My parents are both real estate brokers, and although it may take a while to gain money, it will be the best investment you'll have ever made if you make the right decisions regarding where you place your money. I plan on investing in real estate immediately when I get out of high school.
I don't know how old you are, or whether or not you ahve enough money to do it...but please, consider it.
Cheers,
Jenna
Please, listen to me.
Do NOT invest in the stock market. If you do...you're taking an emormous risk, especially at the rate our economy is dropping currently.
If you want to make a safe and secure investment in which you're guarenteed money, invest in real estate. My parents are both real estate brokers, and although it may take a while to gain money, it will be the best investment you'll have ever made if you make the right decisions regarding where you place your money. I plan on investing in real estate immediately when I get out of high school.
I don't know how old you are, or whether or not you ahve enough money to do it...but please, consider it.
Cheers,
Jenna
xMOSHx xHELLA HARDCOREx xBREAKDOWNx
The tragedy is the ignorance behind the clean casket
On the outside, they look so good
They're walking to Wallstreet in a straightjacket...
The tragedy is the ignorance behind the clean casket
On the outside, they look so good
They're walking to Wallstreet in a straightjacket...
- SirPostAlot
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- Joined: Sat May 10, 2003 7:28 pm
Re: Investing
Jenna - doll i love you but take a look at the stock market...
yeah its still not as strong as it was but it is coming back...on avergae the DOWJONES and NASDEQ are on an increase which means that for the most part stocks are doing good...
no matter where you go some stocks are going to go down and some up...
yes the stock market isn't in the best shape but it is increasing and its best to get in when prices are lower, ya know?
and IF YOU HAVE THE MONEY THAT YOU WON'T MISS IF YOU DON'T DO WELL - THEN INVEST IT!!
~Jeff~
P.S. There are other ways to invest money w/o the stock market...such as real-estate, bonds, CDs, collectables (higher risk then the stock market), etc...
yeah its still not as strong as it was but it is coming back...on avergae the DOWJONES and NASDEQ are on an increase which means that for the most part stocks are doing good...
no matter where you go some stocks are going to go down and some up...
yes the stock market isn't in the best shape but it is increasing and its best to get in when prices are lower, ya know?
and IF YOU HAVE THE MONEY THAT YOU WON'T MISS IF YOU DON'T DO WELL - THEN INVEST IT!!
~Jeff~
P.S. There are other ways to invest money w/o the stock market...such as real-estate, bonds, CDs, collectables (higher risk then the stock market), etc...
- l3rok3n
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Re: Investing
Well, if you are looking for a way to invest money without a risk of loosing it I would invest in bonds. Those double after 7 years (yeah, I know 7 years is long but the money is doubled). The government has to pay you it no matter what though.
You called yesterday to basically say
That you care for me but that you're just not in love
Immediately I pretended to be feeling similarly
And led you to believe I was O.K.
To just walk away from the one thing
That's unyielding and sacred to me
Well I guess I'm trying to be nonchalant about it
And I'm going to extremes to prove I'm fine without you
But in reality I'm slowly losing my my mind
Underneath the guise of a smile gradually I'm dying inside
Friends ask me how I feel and I lie convincingly
'Cause I don't want to reveal the fact that I'm suffering
So I wear my disguise 'til I go home at night
And turn down all the lights and then break down and cry
So what do you do when somebody you're devoted to
Suddenly just stops loving you and it seems they haven't got a clue
Of the pain that rejection is putting you through
Do you cling to your pride and sing "I will survive"
Do you lash out and say "How dare you leave this way"
Do you hold on in vain as they just slip away
That you care for me but that you're just not in love
Immediately I pretended to be feeling similarly
And led you to believe I was O.K.
To just walk away from the one thing
That's unyielding and sacred to me
Well I guess I'm trying to be nonchalant about it
And I'm going to extremes to prove I'm fine without you
But in reality I'm slowly losing my my mind
Underneath the guise of a smile gradually I'm dying inside
Friends ask me how I feel and I lie convincingly
'Cause I don't want to reveal the fact that I'm suffering
So I wear my disguise 'til I go home at night
And turn down all the lights and then break down and cry
So what do you do when somebody you're devoted to
Suddenly just stops loving you and it seems they haven't got a clue
Of the pain that rejection is putting you through
Do you cling to your pride and sing "I will survive"
Do you lash out and say "How dare you leave this way"
Do you hold on in vain as they just slip away
- SirPostAlot
- Veteran
- Posts: 8532
- Joined: Sat May 10, 2003 7:28 pm
Re: Investing
yeah and w/ bonds you usually get interest...and bonds are safe though not truely that financially pleaseing if you want to get rich quick
~Jeff~
~Jeff~
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- OverDrive
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Re: Investing
My dad is an Investment Advisor with CIBC WoodGundy and his advice to me is that I take 10% off the Gross earnings and put them into mutual funds - Low risk and I have 1 or 2 mutual funds that are medium risk (but that's me). He says that RIGHT NOW THE MARKET IS LIKE SEARS ON SALE. But you have to realize. It will take 3-7 years to have the market turn around, but trust me, it will be better, and the market now IS really on sale.
I would not suggest the Stocks route - relying too much on 1 stock will give way too much risk. Mutual funds cover multiple stocks in a certain way. However the 1 or 2 stocks I would really go for is the Oil Companies such as Suncor. Over the next 5-10 years, these companies will most likely give back very nice dividends (they already pay my gas prices 2X per year... and i have a gas guzzler, but then agian, i have a lot of money in my mutual funds that have parts invested in Suncor).
I would not suggest the Stocks route - relying too much on 1 stock will give way too much risk. Mutual funds cover multiple stocks in a certain way. However the 1 or 2 stocks I would really go for is the Oil Companies such as Suncor. Over the next 5-10 years, these companies will most likely give back very nice dividends (they already pay my gas prices 2X per year... and i have a gas guzzler, but then agian, i have a lot of money in my mutual funds that have parts invested in Suncor).
Adam Marshall
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Articles Resources Live Chat Support Groups and much more!
I can't think of a better use of server resources... I really can't.
- Beautiful
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Re: Investing
I think it would be a good idea to invest in google... Its doing awesome and everything right now, soo you have a good shot
Little Miss F*cker,
Don't Move An Inch
I looked at myself
So many things I hate in me
So many things are so hard to believe
I can hear the whole world calling me
Used to be all that i wanted
You to see all that i you to be
does anyone care
Add me.
myspace
*Jamie*
Travis Michael <3.
Born Feb 9th, 2007
He has owns heart.
Don't Move An Inch
I looked at myself
So many things I hate in me
So many things are so hard to believe
I can hear the whole world calling me
Used to be all that i wanted
You to see all that i you to be
does anyone care
Add me.
myspace
*Jamie*
Travis Michael <3.
Born Feb 9th, 2007
He has owns heart.
- Paris In Flames
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Re: Investing
Originally posted by ~*~AiM_uSeR~*~@Dec 20 2004, 06:40 PM
Jenna - doll i love you but take a look at the stock market...
yeah its still not as strong as it was but it is coming back...on avergae the DOWJONES and NASDEQ are on an increase which means that for the most part stocks are doing good...
no matter where you go some stocks are going to go down and some up...
yes the stock market isn't in the best shape but it is increasing and its best to get in when prices are lower, ya know?
and IF YOU HAVE THE MONEY THAT YOU WON'T MISS IF YOU DON'T DO WELL - THEN INVEST IT!!
~Jeff~
P.S. There are other ways to invest money w/o the stock market...such as real-estate, bonds, CDs, collectables (higher risk then the stock market), etc...
[right][/right]
But stocks are unpredictable.
If you want something that's TOTALLY RELIABLE, invest in real estate.
Cheers,
Jenna
xMOSHx xHELLA HARDCOREx xBREAKDOWNx
The tragedy is the ignorance behind the clean casket
On the outside, they look so good
They're walking to Wallstreet in a straightjacket...
The tragedy is the ignorance behind the clean casket
On the outside, they look so good
They're walking to Wallstreet in a straightjacket...
- SirPostAlot
- Veteran
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- Joined: Sat May 10, 2003 7:28 pm
Re: Investing
From the records:
if you leave your money in the stock market for a MINIMUM of 5 years then you will come out on top...
If you get scared and pull out of it when it geos down - then that is when you loose...
yes its risky and yes there is a good chance that you will loose money - it just depends on what company, the elasticity, and all that crap...
but there are risks in real estate too
~Jeff~
if you leave your money in the stock market for a MINIMUM of 5 years then you will come out on top...
If you get scared and pull out of it when it geos down - then that is when you loose...
yes its risky and yes there is a good chance that you will loose money - it just depends on what company, the elasticity, and all that crap...
but there are risks in real estate too
~Jeff~
- Paris In Flames
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Re: Investing
Originally posted by ~*~AiM_uSeR~*~@Dec 25 2004, 07:20 PM
but there are risks in real estate too
~Jeff~
[right][/right]
But not as many. Especially not if you work out everything alright and have everything checked out.
If you do that, it's like...basically gonna get you money.
Cheers,
Jenna
xMOSHx xHELLA HARDCOREx xBREAKDOWNx
The tragedy is the ignorance behind the clean casket
On the outside, they look so good
They're walking to Wallstreet in a straightjacket...
The tragedy is the ignorance behind the clean casket
On the outside, they look so good
They're walking to Wallstreet in a straightjacket...
- ToraToraTora
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Re: Investing
Originally posted by ~*~AiM_uSeR~*~@Dec 25 2004, 07:20 PM
From the records:
if you leave your money in the stock market for a MINIMUM of 5 years then you will come out on top...
[right][/right]
Umm..or you could end up with absolutely nothing. Anyone remember bre-x? Or perhaps Ballard?
Wheee. I'm Hyper-Emo.
ΔΦ of ΔΚΕ #981 Class of 2004
History will be kind to me for I intend to write it.
Sir Winston Churchill
ΔΦ of ΔΚΕ #981 Class of 2004
History will be kind to me for I intend to write it.
Sir Winston Churchill
- Emily
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Re: Investing
Originally posted by ToraToraTora+Dec 26 2004, 01:40 AM--[/right]
[/b]
Umm..or you could end up with absolutely nothing. Anyone remember bre-x? Or perhaps Ballard?
[right][/right]
[/b][/quote]
At least someone is thinking around here.
No matter how good you think the stock market is AIM, it's really not. It's a huge risk and you're never guaranteed anything.
http://finance.yahoo.com/q?s=goog
Google does ok, but it's not really constant.
I'm under no illusion
As to what I meant to you
But you made an impression
And sometimes I still feel the bruise
-"Sometimes I still feel the bruise " Trembling Blue Stars
As to what I meant to you
But you made an impression
And sometimes I still feel the bruise
-"Sometimes I still feel the bruise " Trembling Blue Stars