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donniezazen
October 15th, 2009, 07:23 PM
Hi All,

Just wondering..

1.Do you invest your money in stock?

2.Who is your online stock broker?

3.What news website that you follow?

4.Suggest some stock adviser website that help you grow your money.

5.Mistakes you made.

Thanks.

pricetech
October 15th, 2009, 07:28 PM
You left out the "Mason Jar buried in the back yard" option. That's the only one I consider even remotely safe.

donniezazen
October 15th, 2009, 07:34 PM
You left out the "Mason Jar buried in the back yard" option. That's the only one I consider even remotely safe.

Mason Jar buried in the back yard ???????:confused:

JDShu
October 15th, 2009, 07:38 PM
If I had money, I would probably buy some since interest rates are lower than inflation.

But I don't have money so ehh...

oldsoundguy
October 15th, 2009, 09:18 PM
Personal broker/investment company. (bricks and mortar outfit.)
Ahead of the curve. In 15 years from a 160 K start up, they have made me well over 1/2 million USD in PROFITS after fees and expenses and taxes! (which I live off!)

lisati
October 15th, 2009, 09:20 PM
I'm married and rarely have enough money available for my toys let alone enough to consider investing in anything else.

SuperSonic4
October 15th, 2009, 09:26 PM
I'm broke - civil servants aren't paid as much as the media would like people to believe!

gn2
October 15th, 2009, 09:26 PM
I don't gamble, so no, I don't buy stocks or shares.

Ric_NYC
October 15th, 2009, 09:34 PM
I'm sorry, no casino game!

starcannon
October 15th, 2009, 09:43 PM
This "money" you speak of, if I have any, how would identify it. Many people keep demanding it of me, but I'm not so sure any longer that I even know what it is. It's been awhile since I've had any.

lisati
October 15th, 2009, 10:06 PM
If I had a dollar for every email I've received that made promises of big money, I'd be rich.....

NoaHall
October 15th, 2009, 10:07 PM
If I had a dollar for every email I've received that made promises of big money, I'd be rich.....

What a silly saying. Why on earth would someone get paid for something that happens to occur... I don't understand how people think sometimes.

KiwiNZ
October 15th, 2009, 10:43 PM
If you do it right you do not " spend your money in stock" you invest it.

And yes.

SuperSonic4
October 15th, 2009, 10:49 PM
If you do it right you do not " spend your money in stock" you invest it.

And yes.

+1 - too many people see stock as burning money. And that worsens the global recession

skillllllz
October 15th, 2009, 10:59 PM
I use ShareBuilder (http://www.sharebuilder.com) to automatically buy small portions of ETFs and stocks on the first Tuesday of every month. It works very well for me, especially since I'm in it for the long run. I don't even think about it; sometimes I buy high, sometimes I buy low... it's dollar-cost averaging. Plus I set it to automatically reinvest all dividends.

Over the past twelve months, I've averaged a seventeen percent yield. Not bad in these times. Of course, that could all change very quickly, but thats a risk I'm aware of and willing to take.

skillllllz
October 15th, 2009, 11:03 PM
+1 - too many people see stock as burning money. And that worsens the global recession

I too agree; in fact, the title of this thread should read "Do you invest your money in stocks?"

lisati
October 15th, 2009, 11:06 PM
What a silly saying. Why on earth would someone get paid for something that happens to occur... I don't understand how people think sometimes.

This (http://www.youtube.com/watch?v=g8huXkSaL7o) might help explain what I was thinking.

Old_Grey_Wolf
October 16th, 2009, 12:41 AM
1.Do you spend your money in stock?

No, I invest money in the stock market. I also invest in many stocks. I have a buy and sell strategy for each of the stocks. Since I can not always be right about a buy decision, I use a sell strategy to minimize loses.


2.Who is your online stock broker?

My bank has an investment service with online trading.


3.What news website that you follow?

I don't follow any websites related to stocks. They are all BS in my opinion. They seem to try to give some BS reason why the sock market did what it did.


4.Suggest some stock adviser website that help you grow your money.

None. I can't recommend any. I use my own judgment.


5.Mistakes you made.

I'm going to write a book in response to that qestion.

When I first started investing in stocks, I trusted a stock broker. When he called to tell me to buy more of a stock I already had, because it was going to go up, I bought more. The stock went up but it also went back down in such a way that I gained nothing. After the second time he made the recommendation, I started to watch the volume of trading on the stock, and noted when he suggested buying more stock. I suspected he was buying small quantities of stock, then pimping it to his clients which caused the price rise, then he sold his shares causing the price to fall back to where it was. I suspected the broker was making a profit. The third time he called to suggest I buy more of the stock, I transferred my shares to the broker at my bank and sold the stock. I made a nice profit. Later I received I letter in the mail about a class action law suit against the brokerage firm. I didn't qualify for the class action law suit because I didn't loose any money. I did turn over the data I collected that made me choose to sell. The brokerage firm is no longer in business. I think the SEC closed them down or they were sued out of business.

donniezazen
October 16th, 2009, 01:12 AM
No, I invest money in the stock market. I also invest in many stocks. I have a buy and sell strategy for each of the stocks. Since I can not always be right about a buy decision, I use a sell strategy to minimize loses.



My bank has an investment service with online trading.



I don't follow any websites related to stocks. They are all BS in my opinion. They seem to try to give some BS reason why the sock market did what it did.



None. I can't recommend any. I use my own judgment.



I'm going to write a book in response to that qestion.

When I first started investing in stocks, I trusted a stock broker. When he called to tell me to buy more of a stock I already had, because it was going to go up, I bought more. The stock went up but it also went back down in such a way that I gained nothing. After the second time he made the recommendation, I started to watch the volume of trading on the stock, and noted when he suggested buying more stock. I suspected he was buying small quantities of stock, then pimping it to his clients which caused the price rise, then he sold his shares causing the price to fall back to where it was. I suspected the broker was making a profit. The third time he called to suggest I buy more of the stock, I transferred my shares to the broker at my bank and sold the stock. I made a nice profit. Later I received I letter in the mail about a class action law suit against the brokerage firm. I didn't qualify for the class action law suit because I didn't loose any money. I did turn over the data I collected that made me choose to sell. The brokerage firm is no longer in business. I think the SEC closed them down or they were sued out of business.

Thank you. As a beginner you need something to start with thats why i asked for a website so that i can gather some information.


I use ShareBuilder (http://www.sharebuilder.com) to automatically buy small portions of ETFs and stocks on the first Tuesday of every month. It works very well for me, especially since I'm in it for the long run. I don't even think about it; sometimes I buy high, sometimes I buy low... it's dollar-cost averaging. Plus I set it to automatically reinvest all dividends.

Over the past twelve months, I've averaged a seventeen percent yield. Not bad in these times. Of course, that could all change very quickly, but thats a risk I'm aware of and willing to take.

Thanks thats a new idea for me.:P


+1 - too many people see stock as burning money. And that worsens the global recession

:( come on give me a break English is not my native language.

kpholmes
October 16th, 2009, 01:51 AM
my family uses schwab so i decided to go with them.

i would like to use etrade though cause they have a iphone app and that could be useful.

but im happy with schwab. when ever i go into the offices they are very polite.

gn2
October 16th, 2009, 08:56 AM
:( come on give me a break English is not my native language.

You were correct in your use of the English language.

People spend money to buy share certificates.

Share certificate = betting slip, it can go either way.

Never spend money that you can't afford to lose on shares.

daverich
October 16th, 2009, 10:08 AM
I use etrade.

Works well, and the realtime data works fine on linux as it uses Java.

Kind regards

Dave Rich