Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I've been looking around for a while at some stocks and feel like I'm ready to start. I don't want to start with more than $1000, but seems like a lot of these online brokers want a larger minimum to...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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What about for people who have less than 25K? How would one make sure that they aren't labeled as a day trader. Thanks, great advice.
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Isn't 401K, Mutual Funds, IRAs, etc. stock? If most people don't make money with stocks, how are people to retire? I have $2K in IRA, never went positive, so I never put more money in, why? It has...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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This is a good news, bad news situation. The bad news is that there *are* rules -- a million of them -- PEG, EV/FCF, EV/EBITDA, and on and on. Every investor has his own set of rules, often several,...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Loads of 'em. Just search around the SD site for "brokers" and you should find multiple recommendations. Here's a start:
https://slickdeals.net/forums/showthread.php?sduid=0&t=2454521
Word to...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Hehe if there was an answer for that everybody would be rich :P
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Like so many things in life, "it depends." You say you are "over 50," you seem interested in funds as opposed to individual stocks, and you "don't want to pay a lot for this muffler." My hunch is...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I don't invest in funds myself. I enjoy picking companies too much to delegate the fun to some fund manager -- and pay him a fee for the privilege! So I'll defer to other slickdealers who may know...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I agree with you that managers are not generally evil and never ascribed evil intent at all. I don't consider money managers evil in the least (I am not one but am heavy into Finance). But to your...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I will say that the only true way to get get a personal return to the investor that beats the market over and over is for an investor to own their own investments as suggested above.
There are...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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The reason most individual investors lose money in the stock market is that they buy high and sell low. It takes a lot of patience and studying to pick the right stocks at any given time. The old...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Actually, no, GM is not worth more than Ford, but you raise a useful point, SS. Many investors focus on a stock's price as denoting what it is "worth." In fact, what we need to do is focus on the...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Do you think most people make money in the stock market?
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Would you guys publish a list of "safe/moderate stocks" that will likely to be going up. I know it can drop anytime but something as an easy money maker?
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Again, not sure what your exact age is, but I wouldn't start investing in single stocks at your age. Not sure how much you have saved and what your goals are, but I'd keep your money in funds.
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I'm not necessarily interested in funds, it's just how things ended up ten years ago, and I've done nothing to tweak it since. I've watched money go out the window, and it's time to try and put a...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I have over 500 shares of Janus Worldwide (JAWWX). I hear the 'new' fund manager is gone. Should I dump this fund? I'm over 50, and need to put my money in lower risk funds/stocks.
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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By: slickdealer dittyesq
Image by Flickr user http://www.flickr.com/photos/walter_rw/
Heeding the cry of flummoxed slickdealers, a few months ago I penned a short primer on how to get started...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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agree with damix.
i suppose if you're only buying 3 shares of disney, it doesn't 'really' matter, but it seems like you should get more familiar with terms used to evaluate companies, and...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Great idea. Here's a good place to start: http://www.investopedia.com/dictionary/
Rich
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Really? Was I that clear and concise, that you're giving me three upthumbs and not a question in the house?
Seriosuly, folks. If you've got questions, now's the time to ask 'em. Don't be shy. Step...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Bolded is where I hesitate to trade.
As an IT Professional with just a few accounting, econ and finance general education courses behind me I struggle to decide "when" is the right time to buy.
...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Most people who invest in the stock market lose money.
IF you must invest I highly recommend the NEW GM stock. It's like the old GM stock (which is worthless) but this is the NEW GM stock. GM...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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In a word, no. The data suggest that most people do not make money in the stock market. At least, not in the sense of being richer after taxes and after inflation.
...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Good points, and well-reasoned. I'd just add one clarification, from the money manager's point of view (I am not one, by the way, but I know a few.) The reason it is more profitable to invest other...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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+1, especially for starting.
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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And now ... continuing. As promised, my column on how to go about starting to pick stocks that really appeal to you:
https://slickdeals.net/forums/showthread.php?sduid=751329&t=2668561
...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Hmm, according to their website, they filed for Chapter 7 on June 24th, 2009: http://www.eastwindgroup.com/
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Confirmed. Eastwind Maritime, aka Eastwind Group, filed for bankruptcy on 24 June 2009. Now, some companies' stocks continue trading even after they have filed for bankruptcy, but you can certainly...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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I jumped in once. I bought a stock and watched it dwindle in value. Jumped in a little large at $4400.00 and kept hoping for a rebound of that stock. Eventually went to worthless. This leads into my...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Great question, asif5th. A few general rules for you:
1. Buying an index fund protects you from "concentration risk" -- industry-speak for what happens when one of your stocks blows up. The...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Thanks for the link. I read the article and the link to Rule Your Retirement. Do you think it's worth paying for the magazine (30 day free trial)? As a SDer, I hate paying someone to tell me how...
Get in the Game: How to Buy Your First Stock
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Thread created 01-17-2011 by chani
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Not exactly. A 401k is a retirement account that may or may not contain stock, mutual funds, or other assets. Likewise an IRA.
A mutual fund is an investment vehicle that may invest in stock,...
