I know this will prolly be lost under the mcdonalds and whos hotter posts.. being this is a younger crowd.. but anyone on here invest in the market? Be interesting in talking to people about strategies hot stocks and what not.. I imagine theres gotta be someone else beside myself on here that trades
My company offers me a 401k plan. I chose my own stocks, and I create my own portfolio. Every payday they deduct 15% of my earnings in which I can put into any stock I please. So I'm not require to buy company stocks. I like the plan, and if I get another job my 401k rolls over to my other job.
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"Because I wanted to hurt you in the worst way I could. I know what that gutter-**** means to you, even if you deny it to yourself!"
Why? The NASA contracts are spread over many different companies and do not ever reflect on the company's profits. All the stocks move up and down in cycles. You have to move in and out of each sector as they move.
Last edited by Oswald Kenobi on Apr 13th, 2004 at 02:22 AM
for the younger people.. read up and learn while you can that way when you have some money to invest you know whats goin on.. You could also setup a what if or a watch portfolio to see what would happen and test yourself to see how you could do.. few simple rules never invest what you cant loose and never be greedy silver teers is right that it can be easy money.. but the market is a ***** and it will kick your ass if you arnt carefull.. it is very exciting though I love it.. Im getting my degree in Finance right now then im trying to work for a brokerage firm
Meh... Personally, I think the whole "get rich quick" thing is a bit of a myth. Now, I'm no economist, but if you DON'T do it right, or if the market takes a sudden drop... You're in trouble.
And about the Martha Stewart thing, well, all I have to say about it is, what was she supposed to do? Sure, she shouldn't have been doing the whole insider trading thing, but once she knew about it, do people actually think she should've watched her money go down the crapper? Plus, there are a lot of big time CEO's who do worse things than that and get no punishment.
get rich quick isnt a myth but it isnt easy... bottom line if your greedy and thats your goal your more then likely gonna loose...
As far as blue chips go, no those arnt the way to go it depends what your trying to do and what money you have.. if you have the funds to invest in a meaningfull amount of diversified blue chip stocks then you should have mutual funds in different sectors.. thats the best long term stability.. small cap, micro cap, penny are fairly risky but they can be very lucrative too.. all about how you play it
KMC Community Forums
Apr 12th, 2004 09:47 PM
you know that i could use somebody,
