I don't study the market, but I do invest in it...particularly for my retirement fund...which to me always sounded like bullshit...BUt...it is fun watching your money escalate month by month...


Go to a financial institution and ask them to send you a brochure


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If you are truly in the stock market, your money will not just 'escalate' every month. Every stock rises and falls. What kind of stocks have you invested in?

iz mutual funds...so it's a collection of stocks...and mine always rises cuz with retirement funds, u designate a percentage stock, bonds, and cash...


unless there's some major crash...which hasn't happened

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Youtube Video for my song "CARRY ON"

I started investing for fun back in 2001 and that was a lousy time to get in. A lot of stocks I brought back then is now worthless. I also don't really have the patience or time to do a lot of research, which may be why I'm not doing that well. It's probably easier when you have a good chunk of money to start with. With a few thousand, even if a stock goes up like 25-50%, its only a few hundred dollars profit. My mom does pretty well with the stock market.. my dad on the other hand, like to hold onto a stock forever and ends up losing all the gains when the stocks fall. Lately I've been just following a few stocks and when it falls down to a certain point, I buy and sell when I make around 20% back. Only play with a few thousand, so I end up having money locked into a stock for a long time if it falls into the red and not having any money to buy more.

For the lazy investor, investing in mutual funds may be better. You might not get as big returns, but it's less risk since the funds are diversified already and the fund managers do all the research for you.

Overall, investing is a good idea. You are only making so much money working at a job, and if you can get your money to make more with you doing nothing or barely anything, it's worth it. Passive income kicks ass.

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Yeah, I have $2,000 in the bank that I'll end up investing first.. see how I do after I understand what's going on. I'm probably going to end up selling my shares if it drops past 8%, therefore cutting my losses.

And yeah, when I get older I'll probably get into mutual funds, but considering I'm 16 years old right now, I think I can afford to take more risks.. as I have my whole life to earn any losses back.

*bows down to strobe for his infinite knowledge*

lol

u dont need any classes or education on it at all. i trade all the time its so easy. jus get an online brokerage and do it u dont need to read any books. jus know the basics.

and buy krispy kreme as soon as u can (kkd)

My knowledge of stocks, and how they are affected by certain things was very limited. I've talked with my dad for about 4 hours today I'm beginning to grasp the concepts. I'm still reading the books before I get started, though. Knowing the basics isn't good enough for me.

Oh, and I just looked at Krispy Kreme and I see what you mean.. but how can you be sure the stock won't keep going down? Shares look like they are about $6 each right now, but in January '05 they were at $13, and Krispy Kreme is just on a total downward slope right now.

My dad has made so much money playing the stocks, and so have I.

But if you want to know my opinion, stop right now. First of all books won't do shit, trust me, stock brokers all suck, trust that too. You just gotta be able to play em period. And you will probably end up losing more money then you make as the majority does.

So...

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If you are serious you don't "just play them." I'm not looking to throw 2 grand in to a fucking krispy kreme stock and hope to God that it goes up. You can do that, sure.. but there are SO many more factors that should affect what stocks you buy and don't buy.

It's not as simple as that.

If it was then THOUSANDS of people wouldn't be suscribing to 'Investor's Busniess Daily.' I'm not looking to fuck around and hopefully make $10 or some shit. I'm looking to make money, and that for me, isn't about knowing the basics and randomly guessing what stocks should go up.

I've made 'bout 20,000 so far.

But like I said hobo, you play the stocks, it that simple, you either make money or you lose it, of course there's other factors and you gotta know what your doing, but books and stock brokers really aren't gonna help you that much.

Phillip Mores, been making us mad money, Bombardier fucked us over. Beas was doing great..... years ago, -_- Texas instruments been up down. But wt/v, it's not easy. Duh.

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The book I'm reading now is a guide to the markets. It's not about how to invest money.. it's me trying to figure out what's going on.

Oh, well then, continue.

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yeah krispy kreme is on a downward but they just had a federal investigation which brought it down plus they went down because the atkins diet. the actual price of the stock going up or down isnt fully determined by how many donuts they sell. no stock is determined fully by how much business they do. krispy kreme donuts still appeals to the sam emarket with the same amount of people with the same amount of stores and the same product. the only reason the pirce has went down is because of rumors and the federal investigation, ive made over a grand on krispy kreme and now is the time to buy because it will shoot back up to 7 dollars a share so for every share you buy you will be making a dollar for each share.

o and www.firstrade.com is one of the best online brokerages its wat i use. plus there r no hidden fees and the trading fee is really cheap compared to every other trading company.