The Stock Market

I was just thinking to myself how the stock market is low atm and I was thinking I could invest some monies into a company.. Any one here have any stock experience? If so what should I know as a noob and what are your suggestions on what I should invest in? :p
 

slomoking13

Well-Known Member
it really depends on how much risk you are willing to take and whether you are going for long or short term gains...
 

HowardWCampbell

New Member
One up on wall street. Peter Lynch. Read it
Excellent book. If you really want to learn something about the subject, that book is a great place to start.

I'm not sure what market the OP is considering low right now...I would consider most of the major american indexes slightly overpriced at this particular moment.

I think buddreams has it right, march may have been the bottom. I suspect the dow has likely peaked in the short term. In my opinion, the easy money has already been made this year.

That's not to say there aren't bargains to be had for someone willing to do their homework. Just my amateur opinion...And I would avoid gold/silver.
 
i am holding the following:
BP
VZ
Wm
KMP
MO

these all have great yields and some are recession proof (MO, WM, BP)

But it all depends howmuch $$ you have and how much you are willing to part ways with.
 

jact55

Well-Known Member
Are you looking to gain in the long term or short term? short term i dont know alot about. I know that hanson's natural soda posted one of the highest growths over the last 6 months. i would also invest in gold as well. anything in the "green" industry is a great short term investment, that industry is obviously booming.

i feel that long term investment is more important. if your dont already have a 401 k then something to look into is a Roth IRA. i would invest heavily in small cap stocks and international stocks. this depends on your age though. are you young? if so, then i would do this. if older then go with large cap stocks.
 

jact55

Well-Known Member
Excellent book. If you really want to learn something about the subject, that book is a great place to start.

I'm not sure what market the OP is considering low right now...I would consider most of the major american indexes slightly overpriced at this particular moment.

I think buddreams has it right, march may have been the bottom. I suspect the dow has likely peaked in the short term. In my opinion, the easy money has already been made this year.

That's not to say there aren't bargains to be had for someone willing to do their homework. Just my amateur opinion...And I would avoid gold/silver.

as far as the gold/silver i understand your point as far as short term. it is a very volitile (spelling) commodity, but i feel in the long run it should pay off, please for my education, let me know why your opinion is sided towards avoiding.
 

Johnnyorganic

Well-Known Member
I was just thinking to myself how the stock market is low atm and I was thinking I could invest some monies into a company.. Any one here have any stock experience? If so what should I know as a noob and what are your suggestions on what I should invest in? :p
The stock market is not low atm. It is overvalued.

40% according to some economists.

The Dow has hovered around 10,000 in the last 30 days.

Expect a correction soon.
 

HowardWCampbell

New Member
as far as the gold/silver i understand your point as far as short term. it is a very volitile (spelling) commodity, but i feel in the long run it should pay off, please for my education, let me know why your opinion is sided towards avoiding.
Gold has averaged roughly 3% annual return over the past 100 years. That number varies slightly depending where you get your figures, but not much. Here's a few numbers to ponder:

One dollar invested in bonds in 1801 would yield $13,975 today.
One dollar invested in stocks in 1801 would be worth $8.8 million today.
One dollar invested in gold in 1801 would be worth $14 today.

There are occasional spikes in the price, usually during times of economic uncertainty. But IMO the spike has already occurred. It may still go up a little, and will likely stay elevated in the short term. But I think most of the big gains have already occurred. The most basic rule of investing is buy low/sell high. Gold is as high as it's been in about 30 years.

Keep in mind, I am an amateur. And I have not done any serious research on gold as an investment. But the little bit I have done makes me think it's a very poor investment. YMMV.
 

imrickjames

Well-Known Member
Look into penny stocks man. I have made so much money on pennys, started with almost nothing, have more than enough to buy a house now. They are high risk but get good at it and the pay out is amazing!
 

HowardWCampbell

New Member
Look into penny stocks man. I have made so much money on pennys, started with almost nothing, have more than enough to buy a house now. They are high risk but get good at it and the pay out is amazing!
Do you have any particular strategy with the pennies? I've made a few bucks in the past with them, but I no longer have access to my old source for leads.
 

imrickjames

Well-Known Member
Do you have any particular strategy with the pennies? I've made a few bucks in the past with them, but I no longer have access to my old source for leads.
most pennys are just simple pump and dumps. But I like to find ones that are riding near 52 week low. In most cases (if the company isn't dilluting) the 52 week low has great support and the stock will bounce off the low for very nice gains. Take a look at BZCN, played that one a few weeks ago from .0003- .0021 for 600%. Had 10 million shares lol. The company was dilluting heavily but it finally bottomed. By the way its just an ebay store lmao, most of them are scams but if you play them for short periods of time its unlikely you get trapped. Feel free to pm me if you want to know anymore :bigjoint:
 

hom36rown

Well-Known Member
European and Asian markets, especially companies closely tied to China. Commodities, especially precious metals. Stay out of the American market. Better yet, save your money.
 
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