Stock Market

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

I don't trade, being a younger member myself, however when I grow older I plan on 😄
Always been fascinated by it, and if done right, easy money 😎

i play on investing lots of money as i get older (only 14) but im not to smart but i think i would be a smart invester

space shuttles and nasa/space travel is the way to go!

If something like the last disaster happens again, I very much doubt it 😛

Originally posted by silver_tears
If something like the last disaster happens again, I very much doubt it 😛

Are you saying that your going to be the next Martha Stewart?

yes I am 😎
I'm gonna be a multi-millionaire for only doing a few hours work a day 😛

And get insiders training???

that was sarcasm 😛

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.

umm.. i invested in Disney..

Originally posted by KidRock
i play on investing lots of money as i get older (only 14) but im not to smart but i think i would be a smart invester

space shuttles and nasa/space travel is the way to go!

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.

Originally posted by Oswald Kenobi
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.

ah u beat me to the punch i was just about to say that! 😉

I'd invest in Exxon.... doesn't look like they're going anywhere anytime soon.

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

oh and anyone that has a bit of money... try looking at some of these:

QBID, XKEM, GZFX, IBZT

they are some penny stocks with great potential

QBID brok a cent today! huge gains

Blue chips my good man. Go with the blue chips. 🙂

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

I got quite a bit of money invested in the stock market. (I'm glad I did it in 1998, so I still have some profit, lost a lot after 2001 tho)