RapVerse.com Community
 Phenom | Kingz | Dabatos | TonySelf | Tha Q | Half Breed | Tito | 7th End RV Radio  

Go Back   RapVerse.com Community > The block > Lyricist Lounge
User Name
Password
FAQ Calendar Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Search this Thread Display Modes
Old 09-24-05, 02:55 AM   #1
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
Studying The Stock Market

IP:

Does anybody have any books, newspapers, magazines, etc. to help me understand the stock market more?

Right now I'm reading a book called "Guide To The Markets," then after that I will be reading "Investing Smart," and that after that I will read one more book written by William O'Neil.. and finally, after I read those, or sometime in the middle I will be subscribing to the "Investor's Business Daily" newspaper, to try learn all that I can about the stock market (how it works, how to make money doing it, etc.)

Because, if you live in a country with a capitalist economy, then you can make pretty large sums of money using the stock market. I need to learn about, and understand the stock market, like, before summer so I can start investing.

Do any of you have any more books or ideas on how to further expand my knowledge and understanding of the stock market?
  Reply With Quote
Old 09-24-05, 03:29 AM   #2
Spektikul
The Original Half Ass King
 
Spektikul's Avatar
 
Posts: 5,165
From: Canada
IP:

...............................
  Reply With Quote
Old 09-24-05, 03:32 AM   #3
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

Man, you could make massive amounts of money doing this shit if you are able to understand what the fuck is going on.
  Reply With Quote
Old 09-24-05, 03:38 AM   #4
Spektikul
The Original Half Ass King
 
Spektikul's Avatar
 
Posts: 5,165
From: Canada
IP:

Wish I could help you but I know nothing about the subject and have no intentions of learning.

But GL and strike it rich yo.

Ps. Get some shares in the gas/fuel industry...maybe.
  Reply With Quote
Old 09-24-05, 03:46 AM   #5
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

Quote:
Originally Posted by Spektikul
Wish I could help you but I know nothing about the subject and have no intentions of learning.

But GL and strike it rich yo.

Ps. Get some shares in the gas/fuel industry...maybe.


I doubt I'll be investing in the gas industry.. at least until some of the speculation around it decreases.
  Reply With Quote
Old 09-24-05, 05:04 PM   #6
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

Quote:
Originally Posted by Spektikul
Wish I could help you but I know nothing about the subject and have no intentions of learning.

But GL and strike it rich yo.

Ps. Get some shares in the gas/fuel industry...maybe.


I was thinking about that gas/fuel shit and I figured out why I'm not going to buy it. Let me explain;

Right now, with gas prices so high, car companies all over are trying to figure out a way to mess around with the hydrogen so not so much oil will have to be used.. and eventually, basing off of how fast our technology is growing, I don't think oil will need to be used at all, henceforth I think you're shooting yourself in the foot investing in an oil company now.

That's like, investing in type writers in the late 80s- early 90s. You just wouldn't do it.
  Reply With Quote
Old 09-24-05, 03:41 AM   #7
Status
Ask About Me
 
Status's Avatar
 
Posts: 4,727
From: sacramento
IP:

my uncle makes $10, 000 a month from the stock market, so im gonna ask him how he does it and get my info like that, fuck reading books, so yeah im just gonna invest in the stocks he invest in , word $10,000 a month

dope
  Reply With Quote
Old 09-24-05, 03:45 AM   #8
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

You can't just start investing stocks if you have no idea how the stock market is ran, how interest rates affect prices, how the prices for stocks even come about. You will not make hardly any money at all if you just hop in. I can guarantee if your uncle really makes $10,000 a month, he either watches the t.v. a lot or he studies the stocks on the computer, and he already knows what everything is about.

If he doesn't do those, then I supremely doubt he makes that kind of money.

If you don't know anything about the stock market, you shouldn't invest. This isn't a fucking game. The smartest people in the world are all up in this. You can't just walk in and expect to be rich the following month.
  Reply With Quote
Old 09-24-05, 03:55 AM   #9
Status
Ask About Me
 
Status's Avatar
 
Posts: 4,727
From: sacramento
IP:

word he is or was always on comuters becuase hes a computer tech, but yeah he is pretty smart, and all that shit, he studies the stocks i think becuase he always takes hella time into doing research on anything he does, so yup, not sure how long he studied and all that just know that he told me how much he makes and my brother started getting int he stocks becuase of him so word

i would say just talk to someone who has been doing the stock gig for a while , the easyest way for me to learn somehting is for someone to tell me how to do it you get to know the truth about the stocks, they can tell you shit that books cant

word
  Reply With Quote
Old 09-24-05, 04:05 AM   #10
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

If he is a tech 'specialist' I would not be surprised at all if those figures were accurate. You could make huge amounts of bank with computers. Like, in the mid 90s.. imagine if you had bought 10,000 shares of Microsoft for $85 each. Now, today you sell them at $330 each, and being that you would have had the shares in so long, taxes wouldn't eat away at it either. Knowledge in techincal shit could easily make money.

But, I don't think the stock market is that simple to where you can sit down over dinner with your uncle and have it figured out. My dad is an attorney, and has been interested in the stock market, and has invested in the stock market, for over 20 years. I'm starting to talk to him about questions I have in the books he gave me, but shit is complex. It's hard to grasp right now, but he seems to think after I can understand the basics it should get easier, so whatever.. I'll keep reading, but shit isn't easy to comprehend at the beginning because there is so much shit about stocks that you need to understand to be successful.

And then, after that, you need to either watch the stock channels on the tv, read the business section of the newspapers, or look on the computer every day to figure out what's happening with stocks so you don't too much money.
  Reply With Quote
Old 09-24-05, 05:27 AM   #11
WhoAmI
WhoAreYou?
 
Posts: 6,178
IP:

its good to see that some people on rv know where their heads at

good luck with this though
  Reply With Quote
Old 09-24-05, 05:33 AM   #12
Blay'all
 
Blay'all's Avatar
 
Posts: 8,581
From: North Carolina
IP:

take a class at a community college or somethin
__________________
"Motherfuck a struggle, lets dance in the rain"


★ G ☆ U ★ N ☆ N ★ E ☆ R ★


  Reply With Quote
Old 09-24-05, 01:13 PM   #13
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

Quote:
Originally Posted by BLAY
take a class at a community college or somethin


I'm a junior in high school right now. I don't have time for college classes on top of my high school classes.
  Reply With Quote
Old 09-24-05, 02:59 PM   #14
Blay'all
 
Blay'all's Avatar
 
Posts: 8,581
From: North Carolina
IP:

Quote:
Originally Posted by Mimesis
I'm a junior in high school right now. I don't have time for college classes on top of my high school classes.

oh, shit i aint know

u were talkin like ur about 85
__________________
"Motherfuck a struggle, lets dance in the rain"


★ G ☆ U ★ N ☆ N ★ E ☆ R ★


  Reply With Quote
Old 09-24-05, 04:51 PM   #15
Magic5
Moderator
 
Posts: 3,918
From: Denver, CO
IP:

Quote:
Originally Posted by BLAY
oh, shit i aint know

u were talkin like ur about 85


Lmao. Nah, I'm just trying to put together some capital.
  Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump



All times are GMT -4. The time now is 08:50 AM.

Powered by vBulletin.
Copyright © 2000-2004 Jelsoft Enterprises Ltd.