Has anyone invested into stocks before? I just been looking at GM and they bounced up 31% since Friday. So, i think that they can only go up no more down. So i invested 100 bux into it. heh ... if it goes back up to 15 bucks a share ... i get 1500 correct?

 

don't be too optimistic

 

Individual stocks are old news. Do some research and look at some ETFs. You get the diversity of a mutual fund with the tradeability of a stock. So you can invest with less risk(if you pick smart) and still get decent returns. There are also some risky ETFs out there like double the DOW etc that use leverage where you gain twice or 3 times as much but also lose at the same ratio. A smart long term investor will limit his individual company stock exposure to a very small percentage of their overall portfolio.

 

one word: forex

Plan on spending a lot of hours reading.You might want to consider using more capital, otherwise you'll get eatten alive with brokerage fees. Currently, the cheapest broker is interactive broker (as far as I know). They are $1 a trade but require a 10k min. Zecco is also a good alternative if you just want to get your feet wet. They are free for a set number of trades per month.

Probably the best piece of advise I was given and can pass on is, always invest with money you can lose.

good luck.

 

read the book mad money by jim cramer and you will learn the Do's and Dont's of investing it is like investing for dummies but better....another good adivce is RESEARCH! do your homework! and you will come out on top most of the time.....good luck

 

Correct - less any buy and sell costs.

 

February and March were the best time to jump in when everyone was scared. To paraphrase Warren Buffet: Buy when the market is scared and sell when the market is greedy.

My BAC holdings should be a nice down payment on a house in a few years (I'm averaged down to $6.80 a share).

 

Hope you didn't purchase any shares. They're bankruptcy stock is now trading under a dollar.

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

 

I did some smart investing a few years back and still own stock in it. One word ****!!! No matter the market, ecomomy, ect everybody needs sex toys and ****.

 

Toby....why does that investment not surprise me. hahahaha

So how many "toys" did you "invest in" ....for yourself....

 

So if I read that correctly your investment strategy is based on the theory that:

If: a stock goes up

Then: it will not go back down

That is quite a theory... ever think of starting your own hedge fund?




The second part could be true if that $100 purchased GM stock at about $1 per share. Don't forget any buy/sell transaction fees and taxes (ST or LT)that will be paid on gains.

 

I played with the market to see how it goes. I bought 10 stocks in activision for 1045 and sold at 1255. It was interesting because another stock I had bought at 33 cents each are now up to 48 cents. I am watching a bigger growth in it. I used the money from the actvi and put it in. After transfer fees I have broke even but I gain about 2 dollars every time it goes up a penny. Its a pretty interesting thing, this stock market.

One investment I love is my new house I got for 5.37% with 0 points.

 

buy gold.

 

Its like that? Guess you will see on the 12th! BIG BOY LOL

 

UMMM.... NO!!! Look at his track record, he regurgitates whatever an inside source tells him, whether it is true or not! He was spouting to buy Bear Sterns before they evaporated into thin air. He is a complete toolbox!!

Google Jon Stewart handing him his a$$ on the daily show, seriously .

 

i bought 1,333,333 shares of a stock that is less than a penny. use $10k and bought it at .0075. i must say that it is interesting to watch this stuff.

 

Maybe it will go up, but from my experience and training it will most likely go down as people sell and take profits from the recent increase.

I noticed someone mentioned ETFs; be careful with these. Over 55% of them fail etf