View Poll Results: Do you invest in the Stock Market

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  • Yes

    2 20.00%
  • No

    6 60.00%
  • I'm under the age of 18, and thus can't invest

    0 0%
  • I'm homeless and I don't have any money.

    2 20.00%
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  1. #1
    غفر الله لنا ولكم WiSeMaN's Avatar
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    Do You Invest In The Stock Market?

    Do you invest in the stock market? If not then let my emphisis this point to you...YOU ARE STUPID!!!
    So far myself and a few of my friends that invest, have made over 1500% gains of of socks like,
    http://finance.yahoo.com/q?s=c
    http://finance.yahoo.com/q?s=AIG
    http://finance.yahoo.com/q?s=bac&.yf...=O8%2Ft57yxKPv
    http://finance.yahoo.com/q?s=say&.yf...=O8%2Ft57yxKPv
    http://finance.yahoo.com/q?s=aib&.yf...=O8%2Ft57yxKPv
    http://finance.yahoo.com/q?s=BCS&.yf...=O8%2Ft57yxKPv
    Just to name a few.
    Is anyone aware of the fact that the financial markets are at record low prices. And that the recession is slowly coming to a close which means that the stock market is going no where but up. Which means it is still very easy to make over $10,000 off of just $2,000 investments. If you are in fact oblivous to this fact that don't worry Its not to late You can still get into the market before it starts rising like a hot air balloon.

    Let me say this first of all. Without learing how to invest in things like the stock market, or the real estate maket, or small business. It's not really practical to expect to retire any time before your in your late seventies.(Unless you have lots of inheritace.)
    If you don't know anything about investing then I suggest you either go to your local library, and pick up a few books from the financial section. Or look over a few of these websites until you get a better understanding of how the markets work.
    http://www.fool.com/index.aspx?source=intromercial
    http://www.thestreet.com/
    http://finance.yahoo.com/

    Once you have a good understanding of how the markets work I suggest you start yourown brokerage account.(Here are a couple)
    http://www.tdameritrade.com/welcome3.html (this is the one I have, it costs nothing to start an accout and it costs $10 for every trade.)
    http://www.scottrade.com/ (here's another good one, it takes a mandatory $200 to start an account here and it costs $7 for every trade.)

    It's easy to make money, in our society. It's just hard for people to get the motivaton to get up and make it.

  2. #2
    Mr. Prince. bowserpat's Avatar
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    Yep is a great idea to invest, last year a local gas company sold stocks because of the global crisis, the prize was like 50 USD for 1000 stocks, the dividends start paying 200USD per year, so after one year I recovered my inversion and won more money, this year its supposed to pay 300 USD per stock package so this year will be great, I havent earned a lot of money because i didnt invest too much but extra money is always good.

    we have to wait for the moment until the crisis gets to its bottom, that will be the best moment to invest because the prizes will be at the lowest records and they will start gaining value again, so if you buy stocks in that moment you will be able to sell at a really high prize later.


    Thanks Blue hime!

  3. #3
    غفر الله لنا ولكم WiSeMaN's Avatar
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    Quote Originally Posted by bowserpat View Post
    Yep is a great idea to invest, last year a local gas company sold stocks because of the global crisis, the prize was like 50 USD for 1000 stocks, the dividends start paying 200USD per year, so after one year I recovered my inversion and won more money, this year its supposed to pay 300 USD per stock package so this year will be great, I havent earned a lot of money because i didnt invest too much but extra money is always good.

    we have to wait for the moment until the crisis gets to its bottom, that will be the best moment to invest because the prizes will be at the lowest records and they will start gaining value again, so if you buy stocks in that moment you will be able to sell at a really high prize later.
    It pretty much already did hit it's bottom in March that would have been the best timefor peple to get into the market.(That was also th time I madehe most money through short selling
    But i'll say it again I stillbelive it's still a goodtime for people to get into the stock market.
    (And I wish a Phix would hurry up and fix my title

  4. #4
    Mr. Prince. bowserpat's Avatar
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    Nice! i didnt know that it already has reached the bottom because in my country the prize of USD keeps falling, here is not common for natural people to invest, only the corporations do that, but recently because of the crisis the normal people started to put their money in the stock market.


    Thanks Blue hime!

  5. #5
    غفر الله لنا ولكم WiSeMaN's Avatar
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    Quote Originally Posted by bowserpat View Post
    Nice! i didnt know that it already has reached the bottom because in my country the prize of USD keeps falling, here is not common for natural people to invest, only the corporations do that, but recently because of the crisis the normal people started to put their money in the stock market.
    I actually am not aware of where Bogota is located or what stock exchage the people there use. But I do know the Dow Jones Indus. Has already bottomed out which means it is going nowhere but up. The Hang San is doing very well and European stocks seem to be heading for the right track.
    As far a investing on your own...I belive it is pefectly okay to invest via Mutual Fund. Especally if you are really having a hard time understanding how the markets work.

  6. #6
    Mr. Prince. bowserpat's Avatar
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    Bogotá, Colombia, South america
    The stock exchange is called BVC: Bolsa de Valores de Colombia


    Thanks Blue hime!

  7. #7
    [̲̅ə̲̅٨̲̅٥̲̅٦̲̅] guy's Avatar
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    im interested in getting into that but where do i start? and i want to get general motors, for the long term like 10-15 yrs.

    A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools.

  8. #8
    غفر الله لنا ولكم WiSeMaN's Avatar
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    Quote Originally Posted by guy View Post
    im interested in getting into that but where do i start? and i want to get general motors, for the long term like 10-15 yrs.
    Join
    http://www.tdameritrade.com/welcome3.html
    When you get to the web page just click on "open an account" Then follow the instructions, it shouldn't take more than 15mins. And you don't have to deposite any money to start.

    As far as general motors go's. Right now it's bankrupt and so it's not being publicly traded. If you really want to buy general motors you can do one of two things. You can either wait until the spring when the quote on quote "New General Motors" comes out. (Which I highly reccomend that you do)
    Or you can take the very risky route and buy old General Motors shares off of the pink sheets, here's the ticker symbol
    http://finance.yahoo.com/q?s=MTLQQ.PK
    Please be aware however that the old GM shares have absoltly no offilation with the new GM, so buying it is probably a waste of time.

  9. #9
    Tomfoolery [CiTo]'s Avatar
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    Wiseman have you read Rich Dad, Poor Dad? If not, read it.

    About the stocks I haven't started investing yet, but I've been researching for a while. I've been play trading @ www.virtualstockexchange.com

    Funny thing you made this thread I was looking for a place to talk to others about this.

    What was your initial investment amount?
    Have you taken any losses?
    Whats the highest percent hike you've seen in one stock?
    LeggoMyWebbo

  10. #10
    غفر الله لنا ولكم WiSeMaN's Avatar
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    Quote Originally Posted by [CiTo] View Post
    Wiseman have you read Rich Dad, Poor Dad? If not, read it.

    About the stocks I haven't started investing yet, but I've been researching for a while. I've been play trading @ www.virtualstockexchange.com

    Funny thing you made this thread I was looking for a place to talk to others about this.

    What was your initial investment amount?
    Have you taken any losses?
    Whats the highest percent hike you've seen in one stock?
    Yes, I have read Robert T. Kiyosayi's book, "Rich Dad Poor Dad." It is a very good read. But in my own personal opinion it's not a very good idea to just follow one author's advice. Read numorous books then make your decisions on your own.

    As far as my own personal finances go.
    I first started out when I was 17 which was about 3 years ago. My first inital investment was the purchase of 50 shares of IBM at $88 which cost about $4400.(But don't worry how much you start out with. I have a friend that started out with just $200 earlier this year. He bought 100 share of Ford at $1.90. And just look at how well Ford is doing right now.)
    http://finance.yahoo.com/q?s=f

    I haven't really taken any major losses. My biggest loss so far was a 25% loss off of Keycorp
    http://finance.yahoo.com/q?s=key&.yf...=O8%2Ft57yxKPv
    I bought 100 shares of Key at $25 last in April 2008. But I managed to get out before I started loseing all my inital investment.(Look the bottom line is it is easy to avoid big losses in the stock market as long as you stay informed. You have to actively be involved in the ongoings of your portfolio. Otherwise it's best just to invest via mutual fund.

    The percetage hike I have ever seen in one stock would probably be AIG.
    Around march of this year Aig was at about 35cents a share, and now look at it.
    http://finance.yahoo.com/q?s=AIG
    If you would like you can do the math yourself to see just how much money you could have made if you invested in it back then.
    I actually did buy 250 shares of Aig about 3 weeks ago at around $12 a share and I have made over a 100% gain off of it. Which is great.
    But I have a lot of stories like that and i'm tired of typing right now. Which is why I will finish by saying this.
    Create your own brokarage account. It does'nt cost anything just to make one. And you have nothing to lose and everything to gain.
    http://www.tdameritrade.com/welcome3.html
    If your worryed about not having enough information. Simply go to your local library, and check out a few books that explain how the tock market works.Thats how I learned
    You don't need a lot of money to begin investing.Just a few hundred dollars would be fine. And if you would like you can even PM me and I will give you a few stock picks out of my own portfolio.
    So once again go to
    http://www.tdameritrade.com/welcome3.html
    click on Open an account and start making money

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