Does anyone invest in stocks, bonds ?

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#1 Posted by Young_Charter (20055 posts) -

looking into it and very interested. What is OT's look on it ?

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#2 Posted by CHOASXIII (14696 posts) -

lol no

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#3 Posted by Young_Charter (20055 posts) -

lol no

CHOASXIII
lol thanks.
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#4 Posted by Fightingfan (38011 posts) -
Yeah. Bought some stocks in Ford @ 9 bucks just cashed em friday @ 14 bucks.
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#5 Posted by thegerg (18283 posts) -
yes
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#6 Posted by -Renegade (8340 posts) -

Yeah. Bought some stocks in Ford @ 9 bucks just cashed em friday @ 14 bucks.Fightingfan
Had to pay taxes on them?

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#7 Posted by SonyNintendoFan (527 posts) -
I was thinking of putting my life savings on SONY stocks, i heard they are secure.
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#8 Posted by Victorious_Fize (6128 posts) -
crooks
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#9 Posted by Legend002 (13374 posts) -

No. It was never even considered.

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#10 Posted by superfluidity (2163 posts) -

My IRA is invested entirely in index funds with a mix of stocks and bonds. That said, I see buying individual stocks without any broader strategy as basically akin to gambling.

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#11 Posted by sonicare (55482 posts) -

My advice is this: buy the market. But a cheap and low cost index funds. One that follows the S&P or Dow. Spread out your purchases too - buy it like 3 times per year, every year to cost average. Unless you are warren buffet, you will not consistently beat the market.

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#12 Posted by Bird_Killer (235 posts) -

I do, about 40% of the money I have goes into stocks and I trade once a month. Investing in stocks can give you higher returns with the money you already have than just putting them into bank accounts whose interest rates are far below that of the inflation rate. Knowing that my money loses value overtime due to inflation was a key motivation for me to start investing in stocks and funds. That of course comes with the risk of actually losing money, but that can be mitigated by educating yourself, researching your potential investments, having diverse investments, and not freaking out or being emotional over short / mid-term turmoil and losses.

Would I recommend it to someone who's living paycheck to paycheck? No.

Would I recommend it to someone who doesn't have much in his/her savings? No.

Would I recommend it to someone who has enough income to save a substanial amount and have already done so? Yes

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#13 Posted by Young_Charter (20055 posts) -

My advice is this: buy the market. But a cheap and low cost index funds. One that follows the S&P or Dow. Spread out your purchases too - buy it like 3 times per year, every year to cost average. Unless you are warren buffet, you will not consistently beat the market.

sonicare
I was looking for this. . .hmm
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#14 Posted by lightleggy (16090 posts) -
Im actually very interested in this...where can I learn more about the subject? also can this stuff be made from abroad?
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#15 Posted by CrimzonTide (12187 posts) -
There are plenty of valid ETFs worth investing in, I would recommend a midcap SPDR for your first one. Don't pick your own stocks, you don't know what you're doing, and truth be told almost no one does. The market is designed to prevent success for individual investors, especially ones with minimal investing potential.
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#16 Posted by CrimzonTide (12187 posts) -
Im actually very interested in this...where can I learn more about the subject? also can this stuff be made from abroad?lightleggy
Investopedia is a good place to start learning basic terms and strategies, The Motley Fool is a more advanced place to conduct research once have a basic grip. And yes, trading from abroad is perfectly possible with many ETFs and publicly traded stocks and bonds.
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#17 Posted by Fightingfan (38011 posts) -

[QUOTE="Fightingfan"]Yeah. Bought some stocks in Ford @ 9 bucks just cashed em friday @ 14 bucks.-Renegade

Had to pay taxes on them?

I don't like to discuss taxes, I use legal loop holes >.>
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#18 Posted by TacticalDesire (10713 posts) -

A little. Not much of an authority on the matter unfortunately though. I hope to get more involved when I go off to college.

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#19 Posted by Fightingfan (38011 posts) -

My IRA is invested entirely in index funds with a mix of stocks and bonds. That said, I see buying individual stocks without any broader strategy as basically akin to gambling.

superfluidity
That's essentially what all investing is because there's no real stability, or account for inflation.
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#20 Posted by br0kenrabbit (15126 posts) -

looking into it and very interested. What is OT's look on it ?

Young_Charter

Senior services have been great to me over the past decade, and it's only going to get better as the baby boomers age. I've dropped about all my tech stocks except AMD (I'm a fan) and couldn't be happier.

Look for health care providers that cater to seniors, nursing homes, hospice care and so on.

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#21 Posted by Fightingfan (38011 posts) -
I wish I invest in Kia prior to them hiring that Audi designer that created their "tiger grill" look. I'd be super rich : /
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#22 Posted by TacticalDesire (10713 posts) -

A bit off topic, but is anyone on the I-bank or hedge fund track?

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#23 Posted by XaosII (16705 posts) -

Like others have said, buying individual stocks is generally not a good idea.

I've made quite a bit of extra money purchasing OCZ and nVidia stock, but a lot of that has to do with the fact that i keep up on tech/computer news nearly every day and i can keep an eye out on products and patents a lot of tech companies plan. You generally want to do a lot of research into a company before you consider buying individual stock.

Mutual funds or ETFs will serve the average person better.

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#24 Posted by zpluffy (275 posts) -

I got couple of thousands. So one day, I got bored and decided to play a little stock game in etrade.

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#25 Posted by Fightingfan (38011 posts) -

A bit off topic, but is anyone on the I-bank or hedge fund track?

TacticalDesire
No. I like individual stocks because so far I've never been wrong, and the return is too good.
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#26 Posted by Wasdie (53489 posts) -

I have a 401k. It's doing suprisingly well. 2012 returns were near 10%.

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#27 Posted by SpartanMSU (3440 posts) -

A bit off topic, but is anyone on the I-bank or hedge fund track?

TacticalDesire

Well, technically when someone says I-banking they mean working with M&As, but I-banks do have large Sales/Trading and Asset Managment divisions (obviously).

I'm currenty in Asset Management, looking to eventually end up in HF (probably will do Equity Research first). I recommend going to WallStreetOasis.com to get some advice on landing an offer for a job/internship and more info on the different areas of finance.

With regards to the OP, just invest in an index fund. Do not, I repeat, DO NOT try to active manage if you have no idea what you're doing. You'll end up doing worst than the indices.

And for fvck sakes, if you want to actively invest, don't just by 1 or 2 stocks. Make a portfolio and diversify. Unless you like unnecessary risk with no reward to correspond to it.

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#28 Posted by jeremiah06 (7215 posts) -
Put some in Walmart... doubled my money too... if only I actually had enough to invest that could make a difference...
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#29 Posted by CrimzonTide (12187 posts) -
[QUOTE="Fightingfan"] No. I like individual stocks because so far I've never been wrong, and the return is too good.

Keep it up Mr. Buffett, I'm sure its just your decision making abilities.
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#30 Posted by pianist (18899 posts) -

I do. It can be a good source of income if you learn how to do it properly. But remember that the only reason some people make money is because a lot of people don't do it properly. In those cases, it's just another form of gambling.