Any Investors Here?

haggomyeggo · 03-21-2011, 09:34 AM

I was wondering if anyone does any investing like via eTrade or scotttrade or any of the online brokers. I do a little and I thought we could get a little discussion going on our thoughts on the market.

1. also anything said here should not be taken as serious investing advice.
2. I figured putting this in the premium section would be better to keep the rif-raff out

I watch Jim Cramers Mad Money most evenings. Its a great was to put an hour on the treadmill every night.

So post your thoughts about this crazy market. what areas you are investing in. any market news or why you think the market is up or down.

Im pretty much a novice with the day trade stuff, I leave most of my investments with my guy at Edward Jones. but i like to feel involved a little.

Most of my stocks are pretty safe, Apple, Ford, Verizon, Exxon/Mobil.

some of my speculative plays include Skyworks Solutions, Micron Tech(both getting rough because of the Japan business) These companies produce the raw materials for lots of Apple products including the iPad2 and iPhones

I have Boeing too but not many shares.

m4a1mustang · 03-21-2011, 09:47 AM

It's my job.

Red__Zed · 03-21-2011, 10:14 AM

I'm pretty into investing. I have a lot of good friends that are pretty high up at different companies that like to give me stock tips about their companies. It's been amazing, most people lose money when they try to invest, but I've seen such huge profits. It's so easy, it's hard to believe it's legal.

m4a1mustang · 03-21-2011, 10:28 AM

Quote:

Originally Posted by Red__Zed

I'm pretty into investing. I have a lot of good friends that are pretty high up at different companies that like to give me stock tips about their companies. It's been amazing, most people lose money when they try to invest, but I've seen such huge profits. It's so easy, it's hard to believe it's legal.

Red__Zed · 03-21-2011, 10:29 AM

Quote:

Originally Posted by m4a1mustang

I'm glad I can always count on you to catch things

m4a1mustang · 03-21-2011, 10:53 AM

Quote:

Originally Posted by Red__Zed

I'm glad I can always count on you to catch things

haggomyeggo · 03-21-2011, 10:18 AM

yeah its easy to lose a lot of money. thats why I let other people manage most of my stuff. but its fun to play around a little. Its something else to learn how to work and make a little on the side. Hopefully I do well enough to get some extra mods for the Z

this Japan business killed some of my stocks, starting to come back though. I sold my apple just before it went way down and re-bought when it was about 10 pts lower than what i sold so i did pretty good on that one

Cmike2780 · 03-21-2011, 10:24 AM

I've always wanted to do some investing, but the process always frustrates me. It's like a foreign language. Is e-Trade or other online sites really that easy to get started?

haggomyeggo · 03-21-2011, 11:03 AM

Quote:

Originally Posted by Cmike2780

I've always wanted to do some investing, but the process always frustrates me. It's like a foreign language. Is e-Trade or other online sites really that easy to get started?

yeah the sites are pretty easy to understand. I think e-trade has 60 days of commission free trades so you have a bit more freedom in making moves and not paying the $10 commission on each buy/sell.

Understanding what to invest in and how to study companies and take chances on speculative companies is much much harder. You can be safe with large companies and not lose too much money and you will most likely make some. But the smaller riskier plays will make you more.

I really do suggest watch Jim Cramers show on cnbc. He at least explains how to look at companies and the market in general. I dont suggest taking all his advice but he does make it kinda simple.

phelan · 03-21-2011, 11:06 AM

we need a thread called 'stevie's stock tip of the day' in the premo section. right MEOW.

but i did make a killing off of WYNN

only black marks against me was i held onto Wachovia like a dumbass, and lost a lot when it got bought by wells fargo...and i got into southeast asia mutual funds at the completely wrong time.

m4a1mustang · 03-21-2011, 11:22 AM

Quote:

Originally Posted by phelan

we need a thread called 'stevie's stock tip of the day' in the premo section. right MEOW.

but i did make a killing off of WYNN

only black marks against me was i held onto Wachovia like a dumbass, and lost a lot when it got bought by wells fargo...and i got into southeast asia mutual funds at the completely wrong time.

Haha I signed a disclosure agreement. Bad things happen when I open my mouth...

Bad things...

toxik · 03-24-2011, 07:13 PM

Quote:

Originally Posted by m4a1mustang

Haha I signed a disclosure agreement. Bad things happen when I open my mouth...

Bad things...

i can think of a few good things

Mike · 03-24-2011, 08:35 PM

I inherited a broker from my father with a beneficiary IRA that has a decent amount in it, but not huge. He manages it and I use blind faith. He was great for my dad, and its money I never had anyways.

My 401k, I do mostly index funds, but the broker helped me allocate a little better than I was doing.

I understand all the ins and outs of the market, but don't have the time or interest, other than putting 20% of my pay away every month.

03-21-2011, 09:34 AM	#1 (permalink)
haggomyeggo A True Z Fanatic Join Date: Mar 2011 Location: IL Posts: 1,723 Drives: Steves old cars Rep Power: 19	Any body do any investing? I was wondering if anyone does any investing like via eTrade or scotttrade or any of the online brokers. I do a little and I thought we could get a little discussion going on our thoughts on the market. 1. also anything said here should not be taken as serious investing advice. 2. I figured putting this in the premium section would be better to keep the rif-raff out I watch Jim Cramers Mad Money most evenings. Its a great was to put an hour on the treadmill every night. So post your thoughts about this crazy market. what areas you are investing in. any market news or why you think the market is up or down. Im pretty much a novice with the day trade stuff, I leave most of my investments with my guy at Edward Jones. but i like to feel involved a little. Most of my stocks are pretty safe, Apple, Ford, Verizon, Exxon/Mobil. some of my speculative plays include Skyworks Solutions, Micron Tech(both getting rough because of the Japan business) These companies produce the raw materials for lots of Apple products including the iPad2 and iPhones I have Boeing too but not many shares.

03-21-2011, 09:47 AM	#2 (permalink)
m4a1mustang A True Z Fanatic Join Date: Feb 2009 Location: Northern VA Posts: 55,385 Drives: on two wheels Rep Power: 6964	It's my job. __________________ - Steve Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!) LIKE us on Facebook!

03-21-2011, 10:24 AM	#8 (permalink)
Cmike2780 A True Z Fanatic Join Date: Jun 2010 Location: Long Island Posts: 5,059 Drives: slowwww Rep Power: 31	I've always wanted to do some investing, but the process always frustrates me. It's like a foreign language. Is e-Trade or other online sites really that easy to get started? __________________ [09][MB][6-Spd MT][Touring][Stillen Gen III][K&N][Borla CBE][Evo-R] [ArchitTEK Photography]

03-21-2011, 11:06 AM	#10 (permalink)
phelan A True Z Fanatic Join Date: Apr 2009 Location: CA Age: 40 Posts: 9,513 Drives: Scoobaroo Rep Power: 3408	we need a thread called 'stevie's stock tip of the day' in the premo section. right MEOW. but i did make a killing off of WYNN only black marks against me was i held onto Wachovia like a dumbass, and lost a lot when it got bought by wells fargo...and i got into southeast asia mutual funds at the completely wrong time. __________________ 凛 ('Rin') - 2009 Nissan 370Z With silence comes peace. With peace comes freedom. With freedom comes silence.

03-24-2011, 08:35 PM	#13 (permalink)
Mike The370Z.com Sponsor Join Date: Jun 2009 Location: Loganville, GA Posts: 5,944 Drives: 370z Rep Power: 2188	I inherited a broker from my father with a beneficiary IRA that has a decent amount in it, but not huge. He manages it and I use blind faith. He was great for my dad, and its money I never had anyways. My 401k, I do mostly index funds, but the broker helped me allocate a little better than I was doing. I understand all the ins and outs of the market, but don't have the time or interest, other than putting 20% of my pay away every month. __________________ NISSAN: 75 280Z / 86 300ZX GLL /87 Sentra SE / 03 350Z / 23 Z Porsche: 93 968 / 23 Macan GTS / 93 968

03-21-2011, 10:14 AM	#3 (permalink)
Red__Zed A True Z Fanatic Join Date: Jul 2010 Location: window seat Posts: 28,940 Drives: Mostly on two wheels Rep Power: 122	I'm pretty into investing. I have a lot of good friends that are pretty high up at different companies that like to give me stock tips about their companies. It's been amazing, most people lose money when they try to invest, but I've seen such huge profits. It's so easy, it's hard to believe it's legal.

03-21-2011, 10:18 AM	#7 (permalink)
haggomyeggo A True Z Fanatic Join Date: Mar 2011 Location: IL Posts: 1,723 Drives: Steves old cars Rep Power: 19	yeah its easy to lose a lot of money. thats why I let other people manage most of my stuff. but its fun to play around a little. Its something else to learn how to work and make a little on the side. Hopefully I do well enough to get some extra mods for the Z this Japan business killed some of my stocks, starting to come back though. I sold my apple just before it went way down and re-bought when it was about 10 pts lower than what i sold so i did pretty good on that one

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