Stock market

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240s-ex
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Stock market

Post by 240s-ex »

Anyone else keep up with stocks?Maybe some of you invest?
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wesamiss
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Post by wesamiss »

you have a fix in the game?
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beercandrifter
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Post by beercandrifter »

that movie was pretty crazy.


currently I invest in my 240, unfortunately it has about a -600% return rate. working on getting into some other markets though.

while I have done stocks in the past and had decent returns on it, i find it sucks alot of your time. always worried about watching your stocks, hard to just let it sit there.

curious, you have all your other debt paid off yet?
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vrmilionzx
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Post by vrmilionzx »

I have some stock that I play with, just for fun. I mean, it's doing decently well currently, but it's not the extent of my savings.
And of course, I have some Nissan stock (NSANY) - it's pretty close to a 6 month low today, or was this morning anyway. I grabbed a couple more shares with some dividends. It's more just for fun, though - I think I'd be way too into it, and spend most of my time on that, if I put more in...

And I might know where Beercan is going with his question - paying off all your debt first is the highest rate of return hands down. While stocks may vary, interest will cost you more on debt than you're going to get in interest on any savings. Pay that off first.
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240s-ex
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Post by 240s-ex »

I have no debt at all. I mean I'm a college student, and I was just seeing if anybody else on the forum was interested. I would never put money into stocks that I couldn't afford to lose. Same goes for gambling in casinos or betting on sports..if you can't afford to lose it, don't try
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Post by shift_down »

240s-ex wrote:I have no debt at all. I mean I'm a college student, and I was just seeing if anybody else on the forum was interested. I would never put money into stocks that I couldn't afford to lose. Same goes for gambling in casinos or betting on sports..if you can't afford to lose it, don't try
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Walperstyle
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Post by Walperstyle »

I Purchased a lot of Facebook. looking beyond the whole IPO, it still has 900 million useres, and is where a lot of people find out 'the news'. Its a media powerhouse like it or not.

Hate it all you want, but its the leader and will not be going anywhere soon. I highly recommend buying into it before the 'big guys' buy back into it.

Often in the market, board members will sell off a lot of shares at an outrageous price, just to buy back in at a later time when they are lower due to speculation.

You need to play ahead of the big boys to make money.
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240s-ex
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Post by 240s-ex »

^ I think this also. However, I don't have money to invest, I just have ideas of what to invest in. Just trying to learn right now so when I do have some money to play around with I will know what I'm doing and not just giving it away.
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Walperstyle
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Post by Walperstyle »

If you want to invest in the stock market, don't invest in anything that you wouldn't buy or use with your own hands.

Also realize most financial advisor's only care about themselves, or follow the 'big boys' on the market. The key is to find an awesome product, and get in before the media does. Then sell when you make a few hundred percent.
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