EPTAnd if you die your family gets 50,000$ including of what you put into it.
Trying to start investing.......... - Page 2
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SexY[RawR]
Korea (South)52 Posts
And if you die your family gets 50,000$ including of what you put into it. | ||
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Not_Computer
Canada2277 Posts
On September 21 2008 13:15 Yogurt wrote: DIVERSIFY YOUR BONDS NIGGA QFT ... LOL | ||
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Sky
Jordan812 Posts
...or is that illegal? | ||
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Zalfor
United States1035 Posts
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Caller
Poland8075 Posts
BUY SILVER lol | ||
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Taiche
France1963 Posts
On September 21 2008 15:24 Zalfor wrote: now is a good time to buy No. Buying right now is like catching a falling knife, you will only get hurt. SEC banned short selling No, SEC banned short selling only for a limited list of stocks (mainly financials) ; you can still short Google if you want. so the market can go nowhere but up No, there are various types of ways of trading, simple stock trading is only one small part of trading. For example, I trade futures on indices on the US market and believe me, I do have the right to short whatever I want. Finally, it's not because the market went up like crazy on Thursday/Friday that it will not go down in the days to come. Because of all the panic, people tend to overreact to any good news they can get ; what do you think will happen on next bad economic news ? (remember : the recession has not magically vanished) For the OP : what you really want to do before investing real money is read lots of stuff about what a financial market is and how it works. Then, there are many available resources (websites, blogs, books) that will introduce you to the basic principles of trading and stuff. Even if you merely want to invest on stocks without knowing the details, I wouldn't advise going for it unless you're prepared and know a bit more about this. GL anyway !  | ||
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Nytefish
United Kingdom4282 Posts
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QuanticHawk
United States32102 Posts
On September 21 2008 08:33 il0seonpurpose wrote: now's not a good time to try to invest. Actually, it's probably the best time to invest. Shit hit the fan and everything is dirt cheap now. Also, invest in commodities (silver, unless you, by some miracle, have an extra $50g or so laying around, then get gold) since the stocks are incredibly volatile now. Silver has to go up. Hurricanes (we're in hurricane season now) make them drive up, since the price is closely tied to the price of oil. Once the presidential elelection is settled, it will go up. And, most importantly, holiday season is here. Jewelery is still one of the driving forced of precious metals. Get in before that. Some general rules to follow... • Don't put in more than you can afford to lose. IE., if you have only $5,000 to your name, you don't go sinking $5,000 into stocks, gold or whatever. Put in $1,000 or 2 instead. It will still suck when if shit hits the fan (but it won't—that's why metals are good, they always hold SOME value) you have shit to fall back on • Read the news. Every fucking day. Paper, yahoo, whatever. And do NOT forget kitco.com (metals and oil trading site, best coverage you can find) If you can't be bothered to check a couple times a day, don't waste your time. • Plan on investing for the long haul. You won't make shit day trading or short term trading without a lot of experience and a lot of money—neither of which you have. | ||
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nimysa
United States383 Posts
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Taiche
France1963 Posts
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