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New to stock markets....Any tips?

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jd_1260
Posts: 1192 - Karma: 293
As the title says, I finally have moeny to invest and I was wondering if you guys had any tips on the markets for me. Like where to put my money and good sites ot watch and help you.
Jul 8 2006 4:20AM
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jarossamdb7
Posts: 6322 - Karma: -10
how old are you? they have guides from "young investors" on the internet. also, you may like to know that unless your willing to wait 10 or so years atleast, (maybe a little less, but usually not much) then you should invest in bonds instead.
Jul 8 2006 6:31AM
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meggles
Posts: 3156 - Karma: 54
watch mad money!!
Jul 8 2006 7:11AM
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dilla_says_go
Posts: 5333 - Karma: 168
chances are that if you're looking for investment advising on ns.com, you shouldn't be investing in the first place.
Jul 8 2006 7:23AM
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Jessbuff
Posts: 2685 - Karma: 17
I have a tip... don't invest in the stock market.

It's like investing in a slot machine at the casino. If you play long enough, you are guaranteed to lose because the odds are rigged. It's the same with the stock market. the people who make money are the big traders. Insider trading coupled with large amounts of stock being bought and sold at the same time. Thing is, the average Joe (ie: yourself), isn't in on this. You get blind sided.

Say you invest in Barrick Gold. There's a scandal involving the CEO, Gregory Wilkins... Bill Gates finds out first, and sells his stock. You hear it on the news the next day but by the time you can get ahold of your agent and sell your stock, the stock has plummeted 8 dollars. You lose, 800 dolars. Bill Gates, by taking his money out befroe it falls, has profited 200 000 dollars.

Similarly, you're at a disadvantage when it comes to chosing stock. You are choosing pretty well blindly. You only know what has happened in the past. Bill Gates on the other hand gets the scoop first. Glamis Corp has struck gold in Ethiopia. Before the news makes it to the average Joe, he has already bought a hundred thousand shares in the stock. By the time you find out thay have struck gold, the stock has gone up 12 dollars. You buy high, but people are selling already in order to bank their profits. The stock stammers and drops shortly after. You lose once again.

Hope you read all that. I was planning on not posting for a while because my post count is 2332 (a palindrome). but whatever. If I were you, go with something safer, perhaps a government savings bond. At least you know you are going to make money.
Jul 8 2006 10:16AM
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witty
Posts: 5616 - Karma: 178
haha exactly what i was going to say...personally i have invested in some options and its worked out pretty well for me...i just found a few volital stocks and hedged my bets and it worked out super well...but if i were you i would do some serious research before tossing your money around
Jul 8 2006 10:17AM
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zepscratch
Posts: 3517 - Karma: 36
dont invest in google, its like a rollercoaster ride, i would recommend trying a free simulator thing on cnn money its pretty cool. but once you get good at it it can make you a lot of money
Jul 8 2006 11:03AM
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SiverMike
Posts: 2367 - Karma: 13
My dad started out with nothing...didnt even go to college and he made a fortune in the stock market...now he sells rolexs for a living.
Jul 8 2006 11:09AM
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mark.p
Posts: 1422 - Karma: 10
First of all.. you are doomed simply because you are on ns.com looking for stock market tips. Go talk to your dad or somebody who actually has done this before.


Second of all, from what I can gather through my limited knowledge of stocks and the stock market is to diversify your funds. Don't put all your eggs into one basket. Try investing in some mutual funds. A mutual fund is basically a huge compilation of stocks and bonds. So, while you might not make as much money, you probably won't lose your money either. Also, why not invest in bonds from the government. You'll only make 5-6% but you know the government isn't going anywhere and they'll definatly pay you back. You can get 5, 10, or 20 year bonds from the US government.
Jul 8 2006 11:26AM
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Melvs
Posts: 15174 - Karma: 480
it's all about seeing what is going to happen, before it happens.

3 years ago I suggested to my dad that we invest some money in a company.  I knew they were going to make it big,a nd the stock was at $5 when we were looking to buy it.  We both agreed it looked pormising, but never ended up buying stock because we just forgot about it.  Today, that stock is worth $21.  It peaked a year after we talked about buying it at $30.  that's 600% return in one year.  We are both slapping ourselves for not buying the stock because we'd both have a lot more money.  Just goes to show that an average joe with no real knowledge of stocks can make a lot of money just being heads up about things.
Jul 8 2006 11:27AM
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Jessbuff
Posts: 2685 - Karma: 17
he got lucky. he could just as easily be homeless right now, and you wouldn't even exist. as with everything, there are exceptions. For every guy like your dad there are hundreds who lost everything to the stock market. My mom's cousin, who is an engineer for NASA, went from driving a mercedes to riding his bike to work because of the stock market. He's back in a car now but he lost alot of money.
Jul 8 2006 11:29AM
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mark.p
Posts: 1422 - Karma: 10
^that's because that guy did it wrong. He probably put half his money into one stock and it bombed. If you take huge risks with your money chances are you are going to lose some of it. My dad has tons of money in the stock market and I'm not riding a bike to school and my dad isn't riding a bike to work either.
Jul 8 2006 11:32AM
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Melvs
Posts: 15174 - Karma: 480
If you're smart and do your homework, you can make money.  Yes there are risks involved, but people who know the game make good money.  I had a math teacher in high school who had worked as a teacher his entire life and retired 2 years ago a multimillionare because of the stock market.  He never took chances and did a lot of research in what he did, and on a teachers salary, is now a multimillionare.  You just have to be smart and know the game, but if you take too much of a chance, you can easily loose money.
Jul 8 2006 11:36AM
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Jessbuff
Posts: 2685 - Karma: 17
you know what. put your fucking money in the stock market. I don't care about all the bullshit "oh i knew one guy who made money in the stock market" stories. Go ahead, do your "research" and put your money in the stock market. And while you're at it, go play poker at the "high roller" tables in Atlantic City. If you play it right, you'll win, right guys.

In 15 years my point will be proven and all you will be like, "Shit, why didn't I listen to that kid on the internet?" My mom works for Statistics Canada and the stats say, "People lose money in the stock market." Don't believe me, try it.
Jul 8 2006 11:45AM
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Jessbuff
Posts: 2685 - Karma: 17
WRONG. There is no money to be MADE. People put x amount of dollars into the stock market. The stock market does not magically produce money out of thin air. the money gets redistributed. People who play the game well, make money. those who do not, lose money. Some people cheat and therefore have a better chance of getting more money back. The people who don't cheat, then have a worse chance of getting their money back.

And then you have the business of the stock market. Agents who charge 25 dollars per transaction. that is money that does not get redistributed. It gets skimmed off of the top. Say there are a billion dollars in the stock market. and for arguments sake, the agents make 100 million dollars by doing transactions. now there is only 900 million dollars in the stock market. therefore there is a 90% return on every dollar.market stays running.
Jul 8 2006 11:56AM
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Capt.Flannel
Posts: 10928 - Karma: 36
www.fool.com

invest in foreign companies (Japan is BOOMING right now) but watch out for exchange rates

Mad Money with Jim Cramer (6 and 9 pm and midnight on CNBC)
Jul 8 2006 11:56AM
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Jessbuff
Posts: 2685 - Karma: 17
You know what, the "my mom works for" is the reason i know i'm right. Plus I know the theory behind the stock market. Unfortunately most of you do not and are consequently talking right out of your asses. You may as well pack the thread up because you are wrong, not because of what my mom said.
Jul 8 2006 11:59AM
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ski_cartel
Posts: 6598 - Karma: 18
If you are on newschoolers.com asking for finical advis do as jibremix sayed, put that money away. Eitehr to your parents or into a right intrest account. If you have to come to NS you are clearly not ready for the stock market
Jul 8 2006 11:59AM
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Jessbuff
Posts: 2685 - Karma: 17
slap me in the face with whatever you want. how does the stock market MAKE money? is there a special mint in it that just spits out extra cash as a bonus to people who play the game well? Sure companies will pay out dividends to stock holders as theny make money, but there is only so much money to go around.
Jul 8 2006 12:01PM
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Melvs
Posts: 15174 - Karma: 480
When you buy stocks, you're investing in a company.  If the company does well, the stock price goes up, you make money.  The company does bad, you loose money.  The market as a whole does good, typically the company will over time do well.  If the market is bad, usually the company does bad and you loose money.  It's not an easy game but there are MANY people who have made themselvs rich off it...and some people who have lost it all...some of them were smart with their money, others WERE palying it like a casino game.

However, in my personal experience, if you're smart and you do your research, or you have a know how of a company that is poised to do well, there is money to be made.  Obviously it's not garunteed money and anything can happen, but if you're smart, there is a good chance you can make money.

FOR INSTANCE.... the company I was looking at 3 years ago was Red Hat... ( http://finance.google.com/finance?q=rhat )  check out 3 years ago, and then now.  I knew the company would do well and I should've been smart and invested money, but I let it slip away.  Just knowing the market and ahving some knowledge of what is going to be big in the next few years can provide you with some insight into what you can make money investing it.


Jul 8 2006 12:07PM
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witty
Posts: 5616 - Karma: 178
you make me furious..your ignorance actually makes me want to hit my keyboard with clenched fists...stop pretending like you know everything about finances and investments. I dont give a fuck who your mom works for, you are making the most outrageous generalization i have heard in a long time, and i cant possibly take you seriously
Jul 8 2006 12:09PM
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Jessbuff
Posts: 2685 - Karma: 17
Are you stupid? My whole point is to be general. sure one person can end up doing well. Thet's not the point. The point is that on average (ie: in GENERAL) the average Joe looses money. It's a general statement. And when did I say I knew everything? I'm going off of a 30 minute conversation with my stats professor, a board game, a one month lesson about the stock market from grade 8 and hearsay.
Jul 8 2006 12:22PM
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bcsweep
Posts: 179 - Karma: 10
Are you serious ... I cant belive you just said that. stop talking, cause you dont know shit about stocks and how the whole thing fucking works.



Jul 8 2006 12:23PM
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Jessbuff
Posts: 2685 - Karma: 17
Do it, put your money in the stock market. It doesn't affect me. Maybe in a few months when you guys all get rich, you can scan your big banks statements and post them for me to see.
Jul 8 2006 12:26PM
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bcsweep
Posts: 179 - Karma: 10
Jessbuff please shut up, you have clearly shown you dont know shit. Yes we all know the stock markets a fucking gambel, but theres somthing mommy didnt tell you in business EVERTHINGS a fucking gambel you fucking tard. So shut the fuck up.
Jul 8 2006 12:38PM
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lanks
Posts: 12543 - Karma: 72
then he has a point, junior.
Jul 8 2006 12:41PM
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bcsweep
Posts: 179 - Karma: 10
no shit sherlock ... fucking tard
Jul 8 2006 12:45PM
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Jessbuff
Posts: 2685 - Karma: 17
WRONG. fuck NS is full of morons. Not everything is "a fucking gambel." GOVERNMENT BONDS. No gamble. you put 5000 dollars in, you get 5000 dollars at the end plus a little interest. NO GAMBLE. My point here is simply that there are safer things to invest your money in. A young person just heading out shouldn't be taking high risks, invest safely. Give the stock market a whirl once you have settled down and have some spare money that if you loose it, you aren't gonna find yourself in debt.
Jul 8 2006 12:47PM
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Capt.Flannel
Posts: 10928 - Karma: 36
ding ding ding, the man's owned you all with one simple statement; Bonds.
Jul 8 2006 1:11PM
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Greenish
Posts: 2047 - Karma: 367
ya man, go for some bonds, or some mutual funds set up by a broker you trust.

that's what i wish i'd have done now that i've lost a few hundred bucks on regular stocks.

just go for the slow and steady, more secure options such as bonds or stocks that don't fluctuate much but have a high yield.
Jul 8 2006 1:21PM
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Capt.Flannel
Posts: 10928 - Karma: 36
Oh, by the way; for every young person thinking of starting investments in stocks, READ JIM CRAMER'S "CONFESSIONS OF A STREET ADDICT"
Jul 8 2006 1:22PM
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jib-unit00
Posts: 6704 - Karma: 18
You're very wrong. You can easily make money in the stock market as long as you do your homework. Obviously you know people who aimlessly throw their money into stocks and companies. My dad is a stock broker, he knows whats up
Jul 8 2006 2:29PM
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3ski6guy0
Posts: 9201 - Karma: 132
stock is simple. watch a stock for a long time. if you see a trend happenning buy when its at the right time in the trend. buying expensive stocks is just stupid. buy stocks from like 10-30 bucks. you make money easier. dont do penny stocks, yes it may seem like a way to earn money fast but itll fuck you over.
Jul 8 2006 4:29PM
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Tom.
Posts: 1954 - Karma: 12
i invested in take 2 interactive right befor they released gta vice city. and made something like 35% profit in a month. that was (obviously) a while ago, and i havent been in the ,market since. But i think its a good stratagy to just look around for the next big thing, and invest in it.
Jul 8 2006 4:40PM
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Alpine3
Posts: 1811 - Karma: 24
get a stock broker to help you... then u will be rolling it in
Jul 8 2006 5:20PM
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FRZGene
Posts: 2319 - Karma: 13
I didn't read all of hte posts, but to the guy who said the average investor will lose money because he doesn't have first hand info is an idiot. Look at the average rate of return for the s&p 500 over the last 50 years.

The volume of stock markets grows and grows because people put more and more money into it. This alone is reason why on average, index's grow over time.

If you really don't want to do any research, put money into index funds and let it ride for 25 years.
Jul 8 2006 6:24PM
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