I've got 5 g's and I want to dable in some stocks.....

LordSinister

One Punch Mayne
Super Moderator
Can you fellas point me in some directions to find info? I'm a rookie to this, so I don't even know what service to use.

Any help would be appreciated.
 
Someone asked this questions about a month ago. I told them Sprint (S) back then and since then it was $5ish now it's almost $10ish.

There's still room to get in as I just sold & regretting it but I've made profits so I'm not too pissed.

There's numerous rumors surrounding the company.
I'd probably wait until after their earnings report next week to get back in (which is what I'll do).

Of course you could short yahoo (YHOO).
That's bound to go down more since MSFT withdrew it's offer.

FSESX is an energy mutual fund that you can get in for long term growth.

Last year this time I've gotten into FNARX for my Roth IRA. Within a Roth IRA you can only contribute $4k/year into it. I direct deposit $333 on the 1st of every month (which equals $4k/yr) and I've gained $670 !6% gains and that's considering the markets horrible last few months.

Last year I got 24% gains out of my 401K while many were averaging 6-15%.

Yeah I'm bragging but I got my advice from Dave Ramsey(read about him in my blog). I'm no where near a pro (it just made sense to me). Basically, he states that when it comes to 401k & mutual funds you have to look at the 10-15 year history of each and pick the best 4 out of that group. If they don't have more than a 5 year history or if their history is subpar on performance, don't fool with them.

I used that logic and robbed the market with 24% gains for '07.

If you're looking for long term (max gains) growth MF's are the way to go.
If you're wanting for sure money CD's are the way to go.
If you're looking for short term, individual stocks would be the way to go... But that's the riskiest of all the options.
Hope this helps.
 
Can you fellas point me in some directions to find info? I'm a rookie to this, so I don't even know what service to use.

Any help would be appreciated.


Take $500 open a optionsxpress account. They will give you $100. That's an instant 20% on your money.

you can put all the money in there but thats a start. Read the investing educational materials on the website. That's a good start. Use their virtual account to practice a strategy.

open a TDAmeritrade account also. They have a nice streaming suite. Play with their back testing software.

First you have to get the money into a brokerage account to trade. So open an account somewhere. Where ever you plan to open a brokerage account. Let someone here get the credit for referring you.
 
Can you fellas point me in some directions to find info? I'm a rookie to this, so I don't even know what service to use.

Any help would be appreciated.

Read this book before you do any investing or pay attention to the speculation going on about stocks on bgol.

41BCHZ2JXSL._SL500_BO2,204,203,200_PIsitb-dp-500-arrow,TopRight,45,-64_OU01_AA240_SH20_.jpg

http://www.amazon.com/gp/product/0060752610/?tag=vp314-20
 
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