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    1. #1
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      Stock Market Round Table

      I've been considering purchasing stock for long term investment. Usually I would never do this because it's not a physical item that I can hold, other than a piece of paper, so I'm wondering if any stock market guru's would like to share their knowledge.

      I know there are forums out there that cover this but there are many smart people here on SS so I figured I would start here and then branch out if there is not much interest in this topic.

      For beginners wanting to get into the game, to advanced discussion....

      What say you?
      Geo-political oracle sent to fight Satan and his minions. Keep calm and boycott the NWO. "We'll know our disinformation program is complete when everything the American public believes is false". - william casey CIA Director 1981

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    3. #2
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      Quote Originally Posted by Caspian3.2 View Post
      I've been considering purchasing stock for long term investment. Usually I would never do this because it's not a physical item that I can hold, other than a piece of paper, so I'm wondering if any stock market guru's would like to share their knowledge.

      I know there are forums out there that cover this but there are many smart people here on SS so I figured I would start here and then branch out if there is not much interest in this topic.

      For beginners wanting to get into the game, to advanced discussion....

      What say you?
      Since you say "Usually I would never do this because it's not a physical item that I can hold, other than a piece of paper," My feelings are that you would not have the stomach to deal with the ups/down of the market. Are you going to freek out when your stock takes a bit of a poop, you sell and then find the stock recovered more than it lost? Now you wait to put it back in at the right time.
      The money you set aside for stocks is like money you take to the Casino. Be prepared to come back richer or poorer and not cry about it. Good luck.

    4. #3
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      Gruendig, but isn't there different types of trading to where I can purchase stock in a company and the paper stock is worth whatever the market is dictating it trades at? This way I'm not actually losing money to where my money is being pulled from an account?

      Anyone have any recommendations on a company they trade with that you like? E trade? Ameritrade etc?
      Geo-political oracle sent to fight Satan and his minions. Keep calm and boycott the NWO. "We'll know our disinformation program is complete when everything the American public believes is false". - william casey CIA Director 1981

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    6. #4
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      Quote Originally Posted by Caspian3.2 View Post
      Gruendig, but isn't there different types of trading to where I can purchase stock in a company and the paper stock is worth whatever the market is dictating it trades at? This way I'm not actually losing money to where my money is being pulled from an account?

      Anyone have any recommendations on a company they trade with that you like? E trade? Ameritrade etc?
      You put money in a trade account - $1000.00
      you buy 10 shares @$100.00/share of Blah-Blah stock =$1000.00
      Stock goes down $10.00/share. It is now worth $900.00. You sell, $900.00 goes back into your account less trading fees.
      Same if it goes up. +$10.00/share = $1100.00. You sell, $1100.00 goes back into your account less trading fees.

      Your best place to get advise is a broker, finance adviser, internet, seminar, what have you.The forum is not the place for sound financial advise.
      I direct my own orders thru my broker. They only do as I direct.
      I would never recommend any stock to anyone (even my kids). There can be bad feelings when a stock tanks and money is lost.
      My best advise would be go to a bank. They usually have a investment dept. Just ask and learn. Keep your money in your pocket until your ready.
      Good luck

    7. #5
      Senior Member Wayne T5's Avatar
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      For a beginning investor I would recommend thinking about a few things:

      Time horizon - Short term or long term needs guide the strategy to a great extent. It may be a combination of both.
      Tolerance for risk/volatility - Investing included equities (stocks), fixed income (bonds) and other investments like bank CD's, etc.
      Other current savings/ job stability
      Other sources of income aside from job

      I would recommend against individual stocks for beginning investors - too much volatility tied to a single issue. I think you'd be better off with a set of low cost mutual funds that invest in different segments of the market. Invest the same amount periodically - called dollar cost averaging so you know you're not buying at the bottom or at the top and stick with your plan. Avoid paying too much attention to the daily ups and downs of the market.

      Check out websites like vanguard.com or fidelity.com. I would bet they have some tips for beginning investors. Good luck.
      Past: '94 854, '99 S70 T5 SE, '99 S70 GLT, '04 S60R M, '12 S60 T5, '13 S60 T5, '15 S60 RD, '05 V70R GT
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    8. #6
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      Gruendig, im familiar with the basics that you listed, thank you, but aren't there several types of stock investments? I'm thinking of the one where I can buy stock in a company/Corp and even if it closes low I don't have to take the hit at the end of the trading day because it's a long term stock? So yeah it would lose value bit it's not like a commodity stock where I need to settle at the end of the day if it closes low... ?

      Basically I'm trying to avoid falling into the trading places movie at the end where the two old men are hosed by Billy ray Valentine and Winthorp and thus end up owing 480,000,000 or whatever dollars because they had the wrong crop report info.


      Wayne, yes like you mentioned, I'm trying to avoid the daily ups and downs and go long term. I used to watch the precious metals market, gold and silver, but gold really hasn't done Anything in years, basically just fluctuating a couple hundred, unlike the awesome move it made in 2008-ish when it went from 700$/oz up to 1400$/oz over the course of a couple years, or three years maybe. Since that major increase it hasn't done much over the last few years, not enough to play with it imo.

      Thank you guys for some pointers, I'll keep researching when I have time. I was thinking of buying stock in one of these tech companies or one of the giants who are eating everything up, seems like their stock can only continue to increase in profit as the company grows.
      Geo-political oracle sent to fight Satan and his minions. Keep calm and boycott the NWO. "We'll know our disinformation program is complete when everything the American public believes is false". - william casey CIA Director 1981

    9. #7
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      Quote Originally Posted by Caspian3.2 View Post
      Gruendig, im familiar with the basics that you listed, thank you, but aren't there several types of stock investments? I'm thinking of the one where I can buy stock in a company/Corp and even if it closes low I don't have to take the hit at the end of the trading day because it's a long term stock? So yeah it would lose value bit it's not like a commodity stock where I need to settle at the end of the day if it closes low... ?

      You don't need to settle at the end of the day. Your account is just worth less or more depending where the price goes.
      Long term - if you don't sell it is worth whatever it's value is at that time. If it goes to $0.00 you lost all your money. You don't "owe " anything because you paid for the stock at the time you bought it.


      Basically I'm trying to avoid falling into the trading places movie at the end where the two old men are hosed by Billy ray Valentine and Winthorp and thus end up owing 480,000,000 or whatever dollars because they had the wrong crop report info.


      Wayne, yes like you mentioned, I'm trying to avoid the daily ups and downs and go long term. I used to watch the precious metals market, gold and silver, but gold really hasn't done Anything in years, basically just fluctuating a couple hundred, unlike the awesome move it made in 2008-ish when it went from 700$/oz up to 1400$/oz over the course of a couple years, or three years maybe. Since that major increase it hasn't done much over the last few years, not enough to play with it imo.

      Thank you guys for some pointers, I'll keep researching when I have time. I was thinking of buying stock in one of these tech companies or one of the giants who are eating everything up, seems like their stock can only continue to increase in profit as the company grows.
      Do your research. They might be eating everything up now and barfing it back up later. Good luck

    10. #8
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      True, I thought of that. Or being bought out by someone else.
      Geo-political oracle sent to fight Satan and his minions. Keep calm and boycott the NWO. "We'll know our disinformation program is complete when everything the American public believes is false". - william casey CIA Director 1981

    11. #9
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      I've heard it said that the most sure-fire way to lose money is to pick your own stocks in the stock market.

      Should I open a Fidelity Brokerage account of some kind? Some kind of managed index fund? Total newb here, would love to grow some money.

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