PDA

View Full Version : Anyone here into stocks?



gopackgo
01-27-2011, 05:07 PM
I have around $1000 that I am looking to invest. I am currently 18 years old, and want something with a medium risk. This is not for retirement as i want to set up a seperate fund for that. I am pretty set on putting the $1000 into a mutual fund, but have no idea where I want to put it in? Anyone have any opinions?

Thanks, Ty

TheHeel
01-27-2011, 06:03 PM
I am invested in the following:

Roth IRA (Retirement):
C - bought 600 shares at 4.28/share
CUR - bought 100 shares at 2.07
ERIC - bought 75 shares at 10.89/share
MO - bought 25 shares at 20.04/share
MSFT - bought 11 shares at 18.xx/share
SIRI - bought 600 shares at .68/share
VLO - bought 50 at 19.05/share

Regular investment account:
BCON - bought 3k shares at .22/share.
CBBD - I bought 10k shares at .08/share. This is a very big gamble but I think it can pay off huge in the future.
CPST - bought 1100 shares at .96/share.
MSFT - bought 100 shares at 24/share.

Always do your research when looking to make investments. I am not an expert but this is what i am going with. I started investing when I was 25 (I am 31 now). I got destroyed when I started out but luckily I didn't have too much to begin with. My advice is to invest in a strong, reputable company like MSFT or MO. I can see C going to 10 dollars in the next few years too. I really like CPST also. You can load up on it cheap also.

SteakNchop
01-29-2011, 03:26 AM
Go with APL, it's the greatest stock ever! (I am not biased, even though I have big moola on options with them- LOL)

SMVintage
01-29-2011, 04:36 AM
Mutual Funds= HORRIBLE IDEA, if you want to go that route buy an ETF (Exchange Traded Funds). Do research. Also- Don't expect Crazy Returns with $1000- it's possible, but it usually involves a lot of research and statistics! There is one website, UpDown.com, which is a "practice portfolio" and gives you a fake $1M to invest in, sometimes earning small amounts of real cash, so this can give you an idea of how you will do with your real money!

Feel free to PM me any questions you have, I have my Degree in Finance, am 4 hours from Completing my Master's, and am getting nice offers for PhD Programs, so I know what I'm talking about!

SteakNchop
01-29-2011, 03:14 PM
Earning small amounts of real cash for nothing? I'm interested!

greg271126817
01-29-2011, 03:17 PM
do some reasearch on C, BGP, and WEN. you might find some luck there :winking0071:

TheHeel
01-29-2011, 03:29 PM
do some reasearch on C, BGP, and WEN. you might find some luck there :winking0071:


Why do you like BGP and WEN so much? I heard something about Arbys....

greg271126817
01-29-2011, 03:38 PM
Why do you like BGP and WEN so much? I heard something about Arbys....
They are always going up and down in big spurts if you buy a bunch of them at a low poing and hold you can sell when they jump up. right now BGP is really low, and have jumped up and down by 0.25 a few times the last couple months if you bought and sold duing those times you could have made a bunch of money. the last time there was talk of wendy selling arbys it jumped a bunch, then settled back down. Im sure they will be jumping up and down for a while. With BGP being under a buck you can buy a lot of shares and make some good money if you sell and buy at the right times. probably the same with wendys too and i just like cheap stocks

Chris819
02-24-2011, 11:07 PM
I am 21 and i was thinking about buying some stocks also. Is their a min amount of stock you have to buy? Their is some stocks i like and i was wondering if i could buy only 500 of each type. Thanks Chris

SteakNchop
02-25-2011, 05:11 AM
Sure, you can buy any amount worth of stocks. However, there are fees associated with trading. I recommend Scottrade.

gatesnapper
03-09-2011, 01:08 PM
stay away from individual stocks. unless you are ok with the volatility that comes with them.

a mutual fund should be your only choice. the fees associated with them are way cheaper than buying stocks and it would professionally managed.

TheHeel
03-20-2011, 02:03 PM
Going to bump this interesting thread....

I bought 35 shares of CAT. I feel with the tragedy in Japan, they will be on the front line rebuilding.

mjsch
04-08-2011, 06:37 PM
stay away from individual stocks. unless you are ok with the volatility that comes with them.

a mutual fund should be your only choice. the fees associated with them are way cheaper than buying stocks and it would professionally managed.

Agreed, you can also save a lot on commissions because many mutual funds are no load.

jdawg
05-20-2011, 10:07 PM
Maybe you can tell people the easiest way to buy mutual funds. Where would they have to go?

qualum23
06-17-2011, 09:29 PM
I actually have both a mutual fund and stocks, and in my opinion, everything I have read on this post is correct. Mutual funds are much safer options for you if you're just looking to save some money because they really don't fluctuate the way that a stock does. But, if you're looking for a little risk involved with your investing, then a stock would be a good way to go. Most mutual funds have a minimum balance that you must open with, so you might not be able to do both. Have fun in whatever you choose! For stocks, how about these:
XOM - Exxon Mobil
YUM - Tricom Restaurants (Taco Bell, KFC and Pizza Hut)
PEP - Pepsi
MCZ - Mad Catz Interactive (they make video game accessories)
SIRI - Sirius Satellite Radio

Have Fun!

Biggtyme
06-17-2011, 09:37 PM
Most mutual funds require 2.5k minimum to invest and please please read the prospectus as a lot of them have Loads that they change on buying and selling that are not cheap. You could do an I bond they are paying over 4% interests for the next six months and worst case they cut the rate to 0 you still will make 2% if you don't want to take any risk. Otherwise picking a stock is not a science there is no math that will help you simply find something that looks hot aka everyone is using or talking about (speculation is your friend) buy it dont get a attach make sure you follow it read about it and know about it then when things look like they are going to turn dump it and take your profits. Stocks are just paper never get attached to them just remember that!

ALLSPORTZ
06-19-2011, 01:38 PM
I'm just going to give you my 2 cents.

With the fluctuation in the economy with people losing jobs left and right there is one sector that remains strong...utilities. No matter what happens people will always need to use gas and electric.

My recommendation: National Grid: Ticker Symbol: NGG

Feel free to PM or email me with any questions.

Steve ALLSPORTZ

Rybowski
06-19-2011, 04:30 PM
I would first look into a Roth IRA. I started one when I was 18, and now I am 30, and the funds that I have all pay dividends, which is always good.

As for stocks, doing research is always the best way to go. As ALLSPORTZ said, look into anything utilities.

ALLSPORTZ
06-19-2011, 08:00 PM
I just made a quick correction on the ticker symbol for National Grid...it is NGG (Not NGC)

Checkout this link and read some of the news on this company. Nice consistent dividends. I believe the currently hold a record of 35 consecutive quarters paying out a dividend.

http://finance.yahoo.com/q?s=NGG

Steve ALLSPORTZ

ricksam
07-06-2011, 01:51 PM
scottrade is very good
i'm looking into trade king as they have lower stock trading fees