[thats2badm]

Anyone have money in the stock market?
Maybe we can talk together and tallk about stocks and stuff.
With collaboration, we might do better in the stock market.
Heck, I've won $230 today but lost over $600 in the past week.

mebbe post your portfolio here?

[Seatbelt99]

I just do my 401k and stuff like that. Do all mutual funds.

[thats2badm]

ah i see, so playing safe

[Frowns]

ok so im not sure id be the best but i would be down to learn and discuss i recently opened an accout on etrade.com.
what do you use?
what things have you looked for before you invest?
Do you go for long term investments of shortterm?

[vnwwd]

I have a long term and short term portfolio. Lately I've been investing in a lot of ETFs just because its less work for me and lets me invest in like an index and stuff like that. If you can find a good performing mutual fund though its much easier to let other people do the work.

[mttddd]

haha im 17 and i got my dad to set me up an account, i have a grand in toyota and i have a grand im waiting to drop on one of the big banking companies once i feel that the recesion wont get to much worse. i mean u know wachovia isnt going anywhere and if i can buy a good bit of there stock when its low eventually itll come back up

[Haidoken]

i dont have any money in the stock market, but I've been thinking about an Ameritrade account. I've mainly been looking at penny stocks. The ones I decided I wanted to buy about 8 months ago recently went from 0.05 to $1.05. I would invest mainly in technology and energy. If you are doing 401k, I recommend tech, medicine, and energy.

[SteveJobs]

My Dad invests, but he asks me for everything. LOL I told him to buy Google when it was $500, he said no, Google went to $700... I told him to buy Apple, (Of Course) at $129, he said no, went to $200. Now, we're stuck in Bearish market....

[Haidoken]

computer people, what do they know about tech stock </sarcasm>

[Sandbox]

I have around $10,000-20,000 invested in ETFs.

ISHARES TR MSCI EAFE INDEX FD
STREETTRACKS GOLD TR GOLD SHS
ISHARES TR S&P 500 INDEX FD
ISHARES TR DOW JONES U S BASIC MATERIALS SECTOR INDEX FD
VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS
SECTOR SPDR TR SHS BEN INT ENERGY

The key is having a balanced portfolio..risky etfs/stock, international and then some that are safe like the S&P500

[killswitch]

buy stock in SIRIUS satellite radio...they are about to be approved by the government to merge with XM Satellite radio, which will make it skyerocket.

[Haidoken]

id completely forgotten about that, thanks killswitch

[vnwwd]

Originally Posted by Sandbox

I have around $10,000-20,000 invested in ETFs.

ISHARES TR MSCI EAFE INDEX FD
STREETTRACKS GOLD TR GOLD SHS
ISHARES TR S&P 500 INDEX FD
ISHARES TR DOW JONES U S BASIC MATERIALS SECTOR INDEX FD
VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS
SECTOR SPDR TR SHS BEN INT ENERGY

The key is having a balanced portfolio..risky etfs/stock, international and then some that are safe like the S&P500

Similar to my ETFs, I love the GLD, I also have QLD (Nasdaq)

[SteveJobs]

LOL, next thing you know, Sirius drops 50%.

[Haidoken]

don't say that, you'll jinx it

[thats2badm]

alrite wow sandbox is loaded in etfs.
for thoes of u that dont know wat etfs are, they are generally reflected by the performance of the DOW/NASDAQ overall, as a whole.
for example, DXD is a short selling ETF, which means that if the DOW goes down u win. QLD is the opposite

i have 11k in tech and energy stocks. haha vci went up 14% for me today
but i lost hella lot last week cuz of google.

[Commodore Stocker]

Being long in the tooth gets me a chance to play it safe. 150k in 401s and 403bs. In my fourth house and driving a company truck. Life is good. :bunny7::bunny7::bunny7:

[SteveJobs]

Life is better when its free.

[krackhead]

i heard sony and bluray thing went up alot due to hddvd being dropped

[Haidoken]

yeah, microsoft announced only yesterday i think that they were ceasing the hd dvd addon for the xbox. That's a death knell for hd dvd and it probably shot sony's stock up.

[Dr. Wily]

I did a bit ago, like last year but the market is too risky right now and I don't feel like investing the time. Best I got was $300 in apple and the stock almost doubled in a month, I used that money to buy the laptop I use now.

[Haidoken]

what kind of laptop?

[krackhead]

hey can somebody make a thread on how stocks work? and how to invest?

[unknow]

It seems that several of the people that have posted in this topic don't really know much about investing in the market. If you fall into this category, you should not be investing in individual stocks. Professionals that do this for a living have enough difficulty doing this, so the average investor should simply stay away from it.

A few people mentioned that they are invested in ETFs, which is definitely the better route to go if you want to have a presence in the market. ETFs have built in diversity that you can't replicate when investing only a few thousand dollars in individual stocks. If you want to take a little more risk than simply going into an ETF, Mutual Funds are probably the best path for you. However, you need to remember that Mutual Funds have fees that will eat away at your profit and that most Funds under perform the market.

If you have a large sum of money that you want to invest, I suggest hiring someone to do it for you. They will be able to do a much better job than you will ever be able to do. They will produce a higher return with lower risk over the long term.

Now if you insist on picking individual stocks, as I know many people find it enjoyable to do so, I would suggest to limit that portfolio to about 10% (no more than 20%) of your entire investment portfolio. Some of you have talked about huge gains that you've made in very short periods and for that I actually say you are foolish. The only reason you were able to make those gains is because you took on a very large amount of risk and it just happened to pay off for you. The odds of you doing this consistently is very low.

[SteveJobs]

Penny Stocks FTW JK