Personal Investing
- Thread starter The Ozzman
- Start date
King Richard
Hello there
srsly, we should help eachother out so we can dominate and make lots of $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
unknown
fuck ftagn
Vanguard Emerging Market (ETF)
Oracle (ORCL)
Powershares DB Agriculture Fund (DBA)
ING Strategic Allocation Growth (IDSGX)
the two others I had were
Chungwha Telecommunications
and Fluor (which I was sad to sell because it had been doing really well)
Oracle (ORCL)
Powershares DB Agriculture Fund (DBA)
ING Strategic Allocation Growth (IDSGX)
the two others I had were
Chungwha Telecommunications
and Fluor (which I was sad to sell because it had been doing really well)
I just set up an account, but I have to mail some form to them before I can transfer funds I THINK. I will wait until my account is approved to inquire about it.
(((0)))
New Metal Member
- Mar 12, 2009
- 446
- 0
- 0
I agree that more governmental regulations are needed on the system. I disagree that it is a bad time to buy. With stocks in the gutter, it is better to buy stocks that will be increasing in value in a few months/years. Why wait 'till they start rising?
@Ozzman, can you help me with this economics debate bill? I'll send it to you in a PM if you want.
zabu of nΩd
Free Insultation
- Feb 9, 2007
- 14,620
- 805
- 113
^ Exactly. Dakryn really ought to be more clear on what exactly could go wrong if one were to buy stocks now. In terms of prices, now is definitely the time to buy.
Dak
mentat
I agree that under the assumption we are at the bottom (or near it) it's the time to buy.
But we don't know that is the case, since a major rule change or prolonged recession could mean more supposed strong businesses go under. I would wait until we see whether these economic recovery actions are working or not. You might not get to buy at the very bottom rate by waiting, but you won't have to worry about buying stock just to see the company fold or get nationalized.
Dak
mentat
Fed sees economy sliding further
The unemployment numbers are being fudged based off of other stuff I've read, if that was to be shown accurately there would be much less confidence than you are seeing in this minor rally we are having now. The rally is being fed by unsubstantiated hope, not solid figures.
The unemployment numbers are being fudged based off of other stuff I've read, if that was to be shown accurately there would be much less confidence than you are seeing in this minor rally we are having now. The rally is being fed by unsubstantiated hope, not solid figures.
Dak
mentat
/shrug. If you think you know what you are doing go for it. I am just throwing out what I hope is useful info.
MasterOLightning
Optimator
Now seems like a good time good time to buy stocks if you indeed feel that the fundamentals of the economy are sound, and you can sit on your stocks for many years. It may not be the bottom yet, but it's close enough that it won't make much difference in the long run. If you feel like America will be doomed by volcanoes and earthquakes and meteors, then go ahead and stash bricks of gold in your fallout shelter, I guess.
In my situation, I'd probably save my money in short term CDs and try and buy property (for me to live in, not to sell off) with a high down payment. Now is a great time to buy property.
In my situation, I'd probably save my money in short term CDs and try and buy property (for me to live in, not to sell off) with a high down payment. Now is a great time to buy property.
Yeah, interest rates are low and there is also the 8K tax credit if you close on a house before November or something. The combination of those is tempting, but I like living in the apartment complex I'm in now because I don't pay for heat and I don't have to deal with maintenance of the place.
Cythraul
Active Member
- Dec 10, 2003
- 6,755
- 134
- 63
Dak
mentat
This and:
It's not about volcanos and meteors, it's about owning something real while worthless paper "burns up".
At least with real estate when all else fails you have a place to live (unless a meteor hits it or something
). Seriously though, I would be investing in tangibles right now. Been mostly paying off debt lately, but I throw a little money at silver when I can. Wish I had the kind of money it takes to buy real estate.
Okay, so I set up my own account on SogoTrade and I started with 600 bucks and here's what I have so far:
10 shares of FAS (Direxion Financial Bull 3x Shares)
5 shares of GE
8 shares of LUV (Southwest Airlines)
2 shares of PG (Procter and Gamble)
2 shares of MO (Altria)
I might buy some of C (Citigroup) before market close
10 shares of FAS (Direxion Financial Bull 3x Shares)
5 shares of GE
8 shares of LUV (Southwest Airlines)
2 shares of PG (Procter and Gamble)
2 shares of MO (Altria)
I might buy some of C (Citigroup) before market close
I'm a beginner when it comes to the stock market. I started messing around with a financial simulator that gives you fantasy money to be used in a real-world context. The simulator I'm using doesn't let you buy penny stocks though and has a 20 minute lag time (which is an SEC regulation for sims, I believe) so it's not exactly like the real thing though it is a decent approximation. I begun, this morning, with $100,000. I invested ~$30,000 in some hot stocks and made around $2400 at the close of the day. Not bad. Wish it were real - though I'm a long way off from actually investing my own money. I have a lot to learn. I kept track of everything using Yahoo! Finance which gives refreshing updates, info, charts, etc.
I find this all extremely fascinating and am interested in actually getting into the stock market someday. Anybody else interested in the stock market, sims, tips, etc? Know where to find good sims, tips and info?
I find this all extremely fascinating and am interested in actually getting into the stock market someday. Anybody else interested in the stock market, sims, tips, etc? Know where to find good sims, tips and info?
unknown
fuck ftagn
bumped for base delta
on a side note, I recently bought two shares of the Spiders Gold Trust and am thinking of buying a T-bill just to see what it does and if I like it...anybody have any experience with them?
on a side note, I recently bought two shares of the Spiders Gold Trust and am thinking of buying a T-bill just to see what it does and if I like it...anybody have any experience with them?
unknown
fuck ftagn
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