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Jan 15 2009 10:45pm
Yea, so I'm just trying to find out the basics of the stock market..been reading around, etc. But anyone know some good sites to learn about it, or is there a good place on this forum to ask?

Oh, and by this, I mean, investing in the stock market kinda thing...not class research homework or something.

This post was edited by bob08 on Jan 15 2009 10:47pm
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Jan 15 2009 10:47pm
Buy stocks that go up.
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Jan 15 2009 10:50pm
Yea..ok..anyone invest in the sm? Like..how much would I need to put into a certain company in order to get a decent profit? Say, I put 50 in google, probably get ~<100 back? or what? What about ~500 into a company that I have a good idea will be going up sometime soon. Then you just wait for it to get as high as you think it will and take the investment out with the gain? Or what? I'm just trying to teach myself this stuff.
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Jan 15 2009 10:50pm
The economy naturally goes up and down, it happens to be going down atm and we are feeling the effects of 8 years in the MiddleEast. There was been a recession after every war in US history except for WW2 b/c Truman rocks.
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Jan 15 2009 10:51pm
Quote (bob08 @ Thu, Jan 15 2009, 11:45pm)
Yea, so I'm just trying to find out the basics of the stock market..been reading around, etc. But anyone know some good sites to learn about it, or is there a good place on this forum to ask?

Oh, and by this, I mean, investing in the stock market kinda thing...not class research homework or something.


Good luck because this economy is down the shitter. smile.gif
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Jan 15 2009 10:51pm
Well if you want to play the stock market - keep in mind commission costs are ~$8 per trade - so for a buy and a sell it'll run you $16.
Withdrawal fees / other brokerage fees can run you another $50-100.

That means you need at least a margin of $120 per trade to make a $4 profit. That all said here is my advice: you are a noob, you will get squashed by the public markets and the volatility.
Pick a solid company that demonstrates a good value (trading at low P/e ratio's and has potential for the ratio to increase, etc.). Also stay away from scammer stocks like oil /drilling exploration.
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Jan 15 2009 10:51pm
Quote (Mosso4 @ Fri, Jan 16 2009, 04:50am)
The economy naturally goes up and down, it happens to be going down atm and we are feeling the effects of 8 years in the MiddleEast. There was been a recession after every war in US history except for WW2 b/c Truman rocks.


Best time to buy stocks.
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Jan 15 2009 10:53pm
P&RD can help you, use Scottrade btw; etrade is for noobs.
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Jan 15 2009 10:54pm
Quote (SecksKitten @ Thu, Jan 15 2009, 11:51pm)
Best time to buy stocks.

Or get squashed.

The stock markets NEVER, ever rapidly rebound after a market crash. Markets stay near the bottom for a while and creep back up, and eventually they go up a lot (bull), and there is a correction again. Right now we are near the bottom and will remain here for a little while.
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Jan 15 2009 10:57pm
Quote (KIDRitch @ Thu, Jan 15 2009, 10:51pm)
Well if you want to play the stock market - keep in mind commission costs are ~$8 per trade - so for a buy and a sell it'll run you $16.
Withdrawal fees / other brokerage fees can run you another $50-100.

That means you need at least a margin of $120 per trade to make a $4 profit. That all said here is my advice: you are a noob, you will get squashed by the public markets and the volatility.
Pick a solid company that demonstrates a good value (trading at low P/e ratio's and has potential for the ratio to increase, etc.). Also stay away from scammer stocks like oil /drilling exploration.


Hm. So, how easy is it to make this 120 margin -.-
Do you have any experience/anecdote's you care to share..

btw, idc bout money [i do..but, we assume i don't] and I'm fine with putting ~$400 in

This post was edited by bob08 on Jan 15 2009 10:58pm
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