ok wheres this weeks stock tip? lol i need some extra cash flow for spring car mods :tup:

I think im gonna start following you guys, just starting investing since im gonna have a few grand to toy around with soon but till then ill probably throw 100 bucks into my Tradeking account and see how it goes with pennies.

What do you guys trade using? etrade? vanguard? scottrade?

Tips for beginners? Do any of you use any stock trading forums?

There's some good basic knowledge if you read back through the thread. I can't speak to which trading site is the best since I'm not using one of them. They're all going to be pretty similar. Pick the one that won't eat you alive in fees.

What chuck said.. Go back to about 8 months ago in the threads, and read my posts.. I started with $2500 with Scottrade. Read thru this thread, read countless articles online & in books, chatted with grandparents, talked with Chuck and Tiler and a few others. And I added a few hundred here and there, but today, 8+ months later, my account has tripled and i have those few of you to thank.:tup::tiphat:

So 300% in 8 months? Not too damn bad at all :tup:

Well i decided to do some reading on the motley fool and took a tip to get in on ATVI(activision/blizzard) at this point im just getting familiar with stocks at 100 a month into my account until im deployed.

Tradeking for individual stocks & Vanguard Brokerage for their ETFs.
I swear by Tradeking, best customer service and some of the lowest fees out there.

Many may or may not agree with these statements, invest don't day trade. If you must day trade, do it with your own money (seen plenty crash and burn gambling with margin money and cry home to their wives).
Buy and hold quality stocks/Index/ETFs still works wonders and could give you better return than day trading. Stock message boards are riddled with crap, nonsense, don't waste your time on yahoo message boards like I did when starting to invest.

:iagree:

Anyone in RGSE? Im about 980 shares in. Hoping it spikes up to about $7 on tuesday when they release q4 financials.

Look into the insider trading analysis from Vickers. Looks a bit scary to me.
It is at high now with most calling for a hold.
The only time they seen a $7.00 was for a day back in may of last year.
How did it get pumped and dumped back then?

Not sure I just recently started trading. I think it will get up around $7 or at least close to it. They are getting added to a green energy index on monday and then tuesday are releasing financials. I have pretty good faith it will rise a bunch. Gonna sell it and buy back in when it dips. I plan on going long on RGSE.

Anyone have experience in an online service like betterment . com ? I've been reading Chuck's and everyone elses posts in this thread all week trying to learn as much as I can.

As a young guy (23) that recently graduated I understand it's important to start early when saving for things like retirment, a house etc. , was wondering if a service like betterment ( in addition to a 401k) is a wise way to ease into investing?

Off the cuff generic "getting started" advice-
1. Contribute up to the match in the 401(k)
2. Save up six months living expenses in cash
3. Max out a Roth IRA
4. Open a brokerage account

2&3 can be done at the same time if finances allow.

As income increases, move your goals up- divert the cash savings to house savings, max out the 401(k)- if it has a Roth componant, do it there.

I'd much rather have fslr or scty, but I honestly wouldn't go with solar at all right now other than to play the earnings every quarter.

Thats what i'll probably end up doing. Selling RGSE if it goes up tomorrow and then watching PLUG over the next couple of days to see if I can get in on a decent dip. They just announced that they are signing a deal with an automobile mft. within the next 2-3 weeks. Just this news made it skyrocket today. Can't image what the actual signing of the deal will do.

If they announced the deal already, most of the move is done already. Trade the rumor, sell the news.

Or just buy stuff based on solid balance sheets and hold it long term.

Waiting for a but more cash in my brokerage account to do any steady trading. Seems like making small moves after the "free trades" is pretty much worthless. Going to wait till I have at least $1000 in the account to do any more moves. Chuck any suggestions for someone who can barely watch the market during the day? I'm military and when I'm in my building we aren't allowed to have phones. I was thinking just to put all my extra cash into mutual funds but where's the fun in that?

Buy index etfs and hold them?

Hmmmm, i will be looking into this with outrageous amounts of reading this week :)

All the fuel cell stocks suck, such as PLUG. That is a day traders game getting run up like a gang bang on Amber Rayne. Sounds good for one second, then your brain kicks in.
Maybe you daytrade, so I could be off here.

Where do you find index etfs? Everywhere I look everything is called mutual.

Stocks Investing MONEY : Education?!! Pinkys : OTC
 

For the s&p500, I use IVV. iJH and IWM for small and mid cap. You can be more specific-XLF is financials, XLE is energy, XLU is utilities and so on. I use ishares for most of mine. First trust has a lot of actively managed ones that are pretty good. FVD is their dividend growers etf. I only use them for equities- I like active management for fixed income so I use mutual funds.

A monthly purchase into a s&p500 etf won't ever be exciting, but over time you'll beat 99.995% of the day traders and 95% of the mutual fund managers.

RGSE took a real dip the past couple days. I added it on my watchlist, but its not looking promising. Especially from the 4th quarter losses

Would anyone recommend buying BAC right now?

This guy knows his stuff and has the best advice on this thread. jaytirbhaw good for you starting earlier bro. If you get into the habit of automating contributions and dividend reinvestment, you'll get the benefit of Dollar Cost Averaging as well as Compound Interest. Following Chuck's lead, max out whenever possible 401k match, if you can even go up to a year of expenses for emergencies more power to you. Max out Roth IRA (Pick one out of Trowe/Vanguard/Fidelity). Open a Brokerage account (Tradeking best IMO with some of lowest commission fees and excellent customer service). Finally if you can also get some ETFs (energy) and hold for a while, that'll help. Extra unexpected money could go a long way towards your retirement future, education or fun travel. That's really all you got to do right now bro ;)

:iagree:
Vanguard has some of the lowest expense ratio etfs and has been the leader far longer. Follow this list for the link of all their ETFs or sector specifics. ETFs LINK
Yes yes yes. I'm buying it on a monthly basis through financial ETFs and individually on a biweekly basis through brokerage account. There is a chance the share price may or may not be in the 30s/40s/50s in 5 years granted the bank continues on the path it has been for a while now. May not be a smooth ride but when it drops that means you get to own more ;)

Not my personal favorite of the financials, but if you buy it on a really bad day you could make some money. My favorite financial that I've bought is TROW.

I'm glad we're finally talking about stocks that are worth buying. :rofl2: A lot of us can get caught up in the penny/otc stuff because, when it works you can make a lot of money. When it works. 99% of the time, you're not going to make a lot of money because they happen to be priced at what they're worth. The market isn't completely efficient, but it does a pretty good job of things. So if something is only worth a half cent, your only hope of making some money is to wait for the next pump and dump and bail out.

There's nothing wrong with pennies for a small sliver of your portfolio- like 5% or so. It's fun. It's like playing roulette. It's exciting to watch the little ball roll around, and when you win you win big. But the odds suck. The best odds in the house are playing blackjack and following the rules. That means a few things:
Buy good, solid long term track records of growth.
Don't be afraid of really boring stocks with good dividends- money is money.
Systematic investment is king. Dollar cost averaging is key. It's why you'll usually have a hard time beating the rate of return you get in your 401(k) if you're allocated properly.
Take your profits. Don't get greedy- hogs get slaughtered.
Be smart about your losses- use them to offset gains for tax purposes.
Make sure the move is worth the cost- opportunity cost, taxes and brokerage fees add up. Did you really make any money? How much stress did you have for that $150? Was it worth it?
Investing is not gambling- make decisions cold. Don't let your emotions get in the way.
Set your exit points when you buy the stock. Put in GTC orders to take it out of your hands. That can be 10,15,20,25%,whatever. But put in the order so you won't get greedy at the last minute.
Don't get cute. There's a reason the rules work.

And lastly, and most importantly, stop thinking so short term. It's easy when you start out to want to make a bunch of money in a quarter. Most times you'll just give it back next quarter. Look 3-5 years out. Unless you're currently retired, you've got a long enough horizon for that and it's much easier to make money on that scale.

usually i dont like when someone says BAC.....especially if it's a cop :shakes head:

sorry it's friday :tiphat:

now back to the serious stock talk. :tup:

I'm still messing with ZNGA. Selling another round of puts short after taking my gains on the calls.

That mandatory hold did you right, huh? I wish I had gone farther out on those calls.

So guys, any new tips ? Anything interesting to look out for on the market ?

Stocks Investing MONEY : Education?!! Pinkys : OTC
 

Subd, getting ready to get back into the market, could always use more info.


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Groupon could be an interesting move IF you have patience. As long as you play with your own money, no pressure from margins & what not. AAPL as well could break out/or not if the iphone 6 is well received. The 7:1 split effect is unknown.
I have been holding a large number of positions with AAPL since december, enjoying the bounce and dividends...
http://cdn2.sbnation.com/imported_as...nnyDOLLARS.gif

Is anyone elses portfolio taking a massive dip the past week?

no...I sold out of a lot of stuff last Thurs/Frid. I was mostly in Europe. I had some here in US, but mostly large cap and value. It was the small/mid caps that got hit recently. I'm waiting patiently for those to come in some more and then I'll get back into those, especially some of the tech names that have been badly beaten down.

bumping this back to life, any new market advice from the gurus? How's everyone doing

Anyone buying into the story around INVN? Hoping they will be apart of Apple's iWatch and will crush it in the next few months.

Anyone have any thoughts on bitcoin, it's taken a hit recently thinking it may have some potential rebound, gonna be watching it


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anyone get a piece of $DGLY today? wow

Not a bad days returns


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