2011 Off topic thread(basketball,movies,etc whatever)

[SPX]

Awesome.

[SPX]

Anyone here seen Philadelphia?

(The movie . . . not the city.)

[Mr. IWS]

Brittney Palmer Would Consider Playboy if Asked



http://fcfighter.com/post/full-conta...leste-and-more

would wife

[poopoo333]

How do you buy a stock again?

[MMA_scientist]

How do you buy a stock again?

Open a brokerage acct and fund it, you can't do anything without an account. From there, it is pretty self explanatory.


If you want to get ripped off, use a financial planner or broker and they will do everything for you.

[poopoo333]

What stock should I buy?

Is Amazon, Microsoft, or Apple gonna buy Netflix?

[poopoo333]

Nevermind, it's a $500 minimum to open an etrade account and I don't have that right now

[MMA_scientist]

What stock should I buy?

Well, that is the question... I have no idea. It depends on your goal. Just like betting, some things are riskier than others, but have a much larger payoff potentential. There are huge companies and tiny companies. There are value buyers (buy a stock that appears undervalued and hope it turns around) and growth buyers (buy a stock with momentum thinking it will grow)... There are literally thousands of choices. I cannot even begin to tell you what you should buy. I will tell you that Netflix, Apple, Microsoft... those are some of the most heavily watched and analysed stocks. That doesn't mean that they are not going to triple, but it generally means the "line is sharper" in that the price usually reflects all available information and guesses about the future.

So why are you wanting to buy stocks? Are you thinking you will "trade" or "invest"... how long is your time frame? Are you saving for retirement or hoping to flip a quick buck? What is your risk tolerance? Slow and stead growth? Or volatility?

[MMA_scientist]

Nevermind, it's a $500 minimum to open an etrade account and I don't have that right now

I thought you had $22k in that bank?

[poopoo333]

I don't withdraw money from there... I just wanna keep putting money in it.

[poopoo333]

So why are you wanting to buy stocks?

Just wanna try it out/make a quick buck

[poopoo333]

I don't withdraw money from there... I just wanna keep putting money in it.

I'm actually gonna be taking some out soon to put it in something other than a savings account. Still trying to figure out what I am gonna spread it out into though

[MMA_scientist]

Your savings is actually losing money (because of inflation). If you need the money soon, don't put it in stocks. You can buy a bond or bond fund that is guaranteed to make a certain amount, though it is not much.

Asd for making a quick buck, it is not very easy... you generally have to buy several stocks and hope that you win more than you lose. I can't give you a guaranteed winner over a short period of time, no one can. Even if you have the greatest company in the world, if the market goes down, your stock is going down too usually. You will be better off betting it if you want in and out quickly.

There are some swing traders and day traders that make money, but even then, you miss as often as you hit... and trading costs eat up your profits unless you are trading with at least a couple thousand per trade. If you buy and sell $500, you are going to pay $20 for that. So your stock would have to go up at least 5% just to cover your trading costs.

[poopoo333]

Your savings is actually losing money (because of inflation). If you need the money soon, don't put it in stocks. You can buy a bond or bond fund that is guaranteed to make a certain amount, though it is not much.

I don't need to make money soon..I just want to move it somewhere else so I can make more than $8 a year or whatever it is off of my money in savings. I am thinking about putting money into a money market for a long term investment, and other money into a bond fund.

[Svino]

I don't need to make money soon..I just want to move it somewhere else so I can make more than $8 a year or whatever it is off of my money in savings. I am thinking about putting money into a money market for a long term investment, and other money into a bond fund.

Doesn't sound like a bad idea. But yeah if you've got 22k, get most of it in something better than a savings account.