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March, 2024

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Investing?

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SteezeOnStage
Posts: 445 - Karma: 165
I want to start investing some money into the market. What do you guys recommend me to invest through? There e-trade, scottrade, etc..

which ones the best, pro, cons, etc?
Feb 27 2011 6:26PM
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-ROY-
Posts: 3633 - Karma: 1,503
good idea. ask ns about investing money!
Feb 27 2011 6:27PM
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SteezeOnStage
Posts: 445 - Karma: 165
I'm asking what resource I should use. I know where to put my money. But in all honesty there are a lot of smart people on NS and I'm interested in their opinions.

and fuck you
Feb 27 2011 6:29PM
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Zulu
Posts: 61 - Karma: -20
i made some decent money on united rentals recently, and maybe you should look at good year tires and sciclone pharmaceuticals.
Feb 27 2011 6:38PM
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yeahno
Posts: 4008 - Karma: 3,414
gold or baidu
Feb 27 2011 6:39PM
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VT_FLO
Posts: 3806 - Karma: 147
How much money are you planning on investing? Using stock trading websites is only worth it if you have a few grand to put in it.

If you are looking for something long term think about investing in agricultural or natural resource industries. The demand is only going to rise as developing nations catch up to the US. As oil reaches 100$ a barrel, smaller oil companies have a greater output because they can cost effectively harvest from oil sands. Alternative energy sources tend to spike as the oil price rises as well.


If you are thinking about something a little more volitile,(and probably have a bit more cash) my dad's invention Diamabrush which he finished developing with funding from Malisch was licensed out to Tennant last year. Sales are just beginning to pick up on that production. They're supposed to be supplying the US costco's soon but i haven't heard much news on that in a little while.
Feb 27 2011 6:47PM
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SteezeOnStage
Posts: 445 - Karma: 165
Thanks for the advice guys but Im just wondering what I should use to invest, like scott trade, e-trade, etc..know what I am saying?
Feb 27 2011 6:51PM
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TechnoPotamus
Posts: 11626 - Karma: 3,522
hey...I work as a financial advisor for Wells Fargo Advisors...

If you're going to just do some recreational type trading I would compare prices between e-trade, scott trade, and charles schwab. Whichever charges the cheapest fee/trade or whichever interface you like best - use that.

In the end it's all the same, so just try and save money on trades.
Feb 27 2011 7:06PM
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yeahno
Posts: 4008 - Karma: 3,414
oh hai. i invested 2000$ in baidu last year. :)
Feb 27 2011 7:19PM
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TechnoPotamus
Posts: 11626 - Karma: 3,522
well played sir, well played.


any idea what your ROI is at this point?
Feb 27 2011 7:22PM
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yeahno
Posts: 4008 - Karma: 3,414
no clue. dont reeally care. i just know its high
Feb 27 2011 7:24PM
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TechnoPotamus
Posts: 11626 - Karma: 3,522
'atta boy. good for you man
Feb 27 2011 7:25PM
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Dustin.
Posts: 13839 - Karma: 7,704
So?  You still failed to read a 2 sentence thread.
Feb 27 2011 7:25PM
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yeahno
Posts: 4008 - Karma: 3,414
sue me
Feb 27 2011 7:27PM
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SPskier543
Posts: 2413 - Karma: 324
Apple, but share are pretty expensive, i bought it cheap and have made a shitload of money. Also, mining companies are pretty solid. Gold is rising in value, so that should be good if you get some shares now cuz its probably gonna get good. Look into freeport mcmoran, iv also made a buch with that too. Stay away from mcdonalds and those companies, america is trying to get healthier, which = falling stock, which = you loose money.
Feb 27 2011 7:27PM
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SteezeOnStage
Posts: 445 - Karma: 165
See I dont really know about gold. I hear that it is a bubble waiting to pop from my Economics teacher and i believe him.
Mar 4 2011 3:31PM
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Dustin.
Posts: 13839 - Karma: 7,704
Another irrelevant and completely stupid comment.
Mar 4 2011 3:37PM
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Gorilla.Steeze
Posts: 2215 - Karma: 43
Don't listen to your economics teacher, he is a Keynesian; the same economic philosophy that got the US into the Great Depression and the current crisis. Was he/she able to predict the housing bubble? Probably not. Buy gold, it will keep going up. For that matter, buy any commodity.
Mar 4 2011 4:09PM
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Cincher
Posts: 3403 - Karma: 535
Yeah, price of gold's never dropped.
Mar 4 2011 4:41PM
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geteducated
Posts: 6410 - Karma: 86
get physical bullion tho. there is a fear that there are more claims to gold on paper then what physically exists. although no one is going to admit it.
Mar 4 2011 5:41PM
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Alpine3
Posts: 1811 - Karma: 24
TRADEKING

if you sign up, i can get you $100 extra so long as u deposit more than a grand and make a trade within 180 days.

i have an account, love it. feel free to read up on it. Trades at $4.95 compared to like e-trade and scott trade at like $8 or $10 a trade
Mar 4 2011 5:42PM
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Alpine3
Posts: 1811 - Karma: 24
yeah bro, cause we are all a bunch of retards obviously...
Mar 4 2011 5:42PM
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Gorilla.Steeze
Posts: 2215 - Karma: 43
Haha what's good Jim it's Sean O'C. I didn't know you still posted on NS. How's Bentley going?
Mar 4 2011 11:29PM
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vailsux.com
Posts: 1769 - Karma: 440
I scrolled the thread looking for woozy, but he was no where to be found.
Mar 5 2011 12:47AM
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Peter.
Posts: 23796 - Karma: 13,012
a lot of people i know use scottrade
Mar 5 2011 12:48AM
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Troy.
Posts: 5070 - Karma: 12,545
Never invested, but painful story to tell, I was going to invest a couple grand in Apple two years ago when it was at $78 a share (lowest it has been in 5 years). Dad wouldn't let me, thought it was going to fall more. Very next day, went up to $115 a share.
Mar 5 2011 1:33AM
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ImNotARacist
Posts: 5136 - Karma: -1,033
Direct stock purchase plan and Dividend reinvestment plan. Screw fees.
Mar 5 2011 1:45AM
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Uncle.Badness
Posts: 2545 - Karma: 55
Slave trade
Mar 10 2011 7:45PM
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squibble
Posts: 4569 - Karma: 104
why dad always shuts me down like that, i just go ahead anyway
Mar 10 2011 7:50PM
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