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Stock Market.... should I give it a shot

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Speaking of that - who is the new owner. I assume it sold as the post is deleted
 
I say go for it. I recently bought some stocks and did some other long term investing. If you need someone to talk to I have a cousin who works for Morgan Keegan and she doesn't charge anything to meet and go over some options.
 
Yes stock market is a good idea, but take Cole up on his offer or talk to someone you trust. Don't expect to get rich, and be very cautious not to lose your shirt.
 
if i had not put my money in the stock market, i would have the buggy i want now. hell i could have 2. they say you dont loss money until you take it out. one day i will loss a lot of money. for now i just wish i had not made that mistake.
 
If you can make investments and let them sit for years then yes. Value investing can reap you huge rewards once the market comes back, but they are long term plays. Don't try to get into it thinking you are going to get rich quick in the current market. I invested 5k this year on undervalued blue chip stocks. I am at 7k now, but my goal is much higher and much longer term. I hope my 5k can turn into a college fund for Samuel in 18 years. Stocks are trading at all time lows now.
 
Warren Buffet bought BNSF for $44 billion. Shares that were bought in at $50.00, split yesterday and were over $100.00 and climbing. :****:
 
P dont take this the wrong way but your to much of a mover/shaker ( like i am) to just put money down and not touch it
i wish i would do the stock market thing but i just have a hard time trusting some one with my hard earned money
that could be LOST or gained, i say buy LAND can never go wrong with land
 
Land is always a safe investment, however if you are looking for a return in most cases it is a very extended investment
 
shoulda been asking this 8 months ago when the market was at 6000. ;)


don't worry, it'll be there again soon. (within the next year)

:****:
 
My pops is an independent broker under wachovia so im going to be somewhat biased. Honestly, people who tell you stocks/bonds (really any securities) are a bad idea are the ones who tried to play it like vegas. Be smart. Dont look for the big score on a short term.

No one knows where the market is going but from the looks of things (my dads point of view here) that market has been rising too hard here the last 3 months for it to last. We will have another down swing before it gets back to normal (which will be atleast 3 or so years from the looks of it).
 
74_Chevota said:
My pops is an independent broker under wachovia so im going to be somewhat biased. Honestly, people who tell you stocks/bonds (really any securities) are a bad idea are the ones who tried to play it like vegas. Be smart. Dont look for the big score on a short term.

No one knows where the market is going but from the looks of things (my dads point of view here) that market has been rising too hard here the last 3 months for it to last. We will have another down swing before it gets back to normal (which will be atleast 3 or so years from the looks of it).
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i did not try it like vegas. i bought good settled companies. home depot it is now 33% what i paid for it, cisco is now 28% what i paid for it. how about ups it is 40% what i paid for it. it did not seem like i was being all that risky. however i did make a 100% on dish network. i never lost money on a land investment though.
 
Extremetownie, you can't expect those stocks to be up when the whole market is down. You bought at a bad time before the bottom fell out. Hold onto the stocks for a few more years and you will probably be fine. The market is cyclical and we all know the market is DOWN now. I heard an expert on the subject speak Monday, he said we have at least 3 more years of down. It all works in a cycle, the goal is to buy low and sell high. I bought most of my portfolio when the market was ****. I have over 500 shares of Regions that I paid $3/share for. It is a a $20 stock and will be there again one day. The market will come back, always has. P I agree with the earlier statement that you wheel and deal too much to be patient in the market. If you can commit the cash for 3-7 years then do it, I bet you make good money
 
Watch Mad Money with Jim Cramer :dblthumb:. He has made me 10% this year you just need to set a goal and sell after your stock has doubled. Wait for a big pullback in the market and buy a few big names that you know about. CAT, APPLE, PEPSI and so on. It becomes kind of addicting like gambling ;D. Being greedy will always make you lose money. Once you have made a substantial amount you need to sell and move on to another stock or wait on a pullback of the same stock. DO NOT PAY A STOCK BROKER because they dont care if you make money becuase you are paying them either way. Just my .02 cents :****:

www.madmoney.cnbc.comhttp://
 
how do you go about buying and selling stocks without a broker?

ive been thinking about this while the market was down but didnt want to pay a middle man and all this talk has renewed my interest :fish:
 

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