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Investing

gnr+pj=2bestevergnr+pj=2bestever Posts: 358
edited September 2008 in All Encompassing Trip
Who here invests? What kind of investing?

I've got some money tied into some stocks, that's about it for me.

Anyone have any interesting picks?


Right now my portfolio includes such stocks as Deere (DE) and SiriusXM (siri) (Don't laugh...you shall see).
Whats got the whole world faking?
Post edited by Unknown User on

Comments

  • CROJAM95CROJAM95 Posts: 9,981
    gnr+pj=2bestever wrote:
    Who here invests? What kind of investing?

    I've got some money tied into some stocks, that's about it for me.

    Anyone have any interesting picks?


    Right now my portfolio includes such stocks as Deere (DE) and SiriusXM (siri) (Don't laugh...you shall see).


    Pearl Jam posters. I will retire on them :D
  • Fighting HellfishFighting Hellfish Posts: 3,170
    My favorite stock is Costco. Check it out. When people have money, they go there for extravagant things. When they're broke, they go for the basics. It's alaways crowded. And you always hear people say----I came in for milk and spend $150! Too bad I'm too broke to buy any
  • riffrandallriffrandall Posts: 685
    I'd probably buy myself a little LEH today.
    "If you're looking for someone to pull you out of that ditch, you're out of luck."
  • Fighting HellfishFighting Hellfish Posts: 3,170
    riffrandall wrote:
    I'd probably buy myself a little LEH today.

    trying to catch a few falling knives?
  • Indian SummerIndian Summer Posts: 2,296
    Unless you have hundreds of thousands of dollars to invest in the stock market, you will lose money as a small time trader. And that Sirius radio stock is the worst stock ever.
    "It's all happening"
  • gnr+pj=2bestevergnr+pj=2bestever Posts: 358
    Indian Summer wrote:
    Unless you have hundreds of thousands of dollars to invest in the stock market, you will lose money as a small time trader. And that Sirius radio stock is the worst stock ever.


    This is the most untrue statement about investing I have ever heard. Period.
    Whats got the whole world faking?
  • Indian SummerIndian Summer Posts: 2,296
    gnr+pj=2bestever wrote:
    This is the most untrue statement about investing I have ever heard. Period.

    My "portfolio" says otherwise.
    "It's all happening"
  • fuckfuck Posts: 4,069
    gnr+pj=2bestever wrote:
    This is the most untrue statement about investing I have ever heard. Period.
    lol, I'm sure you would know.
  • dave grolschdave grolsch Posts: 730
    my investment is a sealed benny boxset,into the wild lp also sealed and a few posters,seriously tho i kept on my endowment policies and my made my mortgage all repayment,so yeah i am skint:)
  • mookeywrenchmookeywrench Posts: 5,937
    Indian Summer wrote:
    Unless you have hundreds of thousands of dollars to invest in the stock market, you will lose money as a small time trader. And that Sirius radio stock is the worst stock ever.


    Investing is the only thing that makes money grow.

    When money grows; money grows. It doesn't matter if it's a 1000 bucks or 1000000 bucks.

    a non diversified portfolio and short term/day trading are the portfolios that lose money most often.
    350x700px-LL-d2f49cb4_vinyl-needle-scu-e1356666258495.jpeg
  • gnr+pj=2bestevergnr+pj=2bestever Posts: 358
    mookeywrench wrote:
    Investing is the only thing that makes money grow.

    When money grows; money grows. It doesn't matter if it's a 1000 bucks or 1000000 bucks.

    a non diversified portfolio and short term/day trading are the portfolios that lose money most often.


    you are right on the money mookey...no pun intended. Anyone want to share on any strong plays you're looking into?
    Whats got the whole world faking?
  • spongersponger Posts: 3,159
    I dropped some dough on a pair of Infnity tower speakers the other day. That's what I call investing in my enjoyment of life.
    reigning champion

    http://forums.pearljam.com/showthread.php?t=272825
  • DonJonDonJon Posts: 5,089
    gnr+pj=2bestever wrote:
    you are right on the money mookey...no pun intended. Anyone want to share on any strong plays you're looking into?


    I purchased Fermiscan (FER) here on the aussie asx at $1.20, then 95c, then 65 cents, then more at 53cents :D. Im still confident!!!

    Ive lost interest in the market over the years and have turned to property.....close to a second in Sydney.
    I'll ride the wave where it takes me.
  • catch22catch22 Posts: 1,081
    mookeywrench wrote:
    Investing is the only thing that makes money grow.

    When money grows; money grows. It doesn't matter if it's a 1000 bucks or 1000000 bucks.

    a non diversified portfolio and short term/day trading are the portfolios that lose money most often.

    money doesn't grow. plants grow. the stock market is no different than taking your money to vegas. you have a sum, you throw it in the pot, and you hope you get lucky and win something. sometimes you do, sometimes you don't. but the house ALWAYS wins, and that means you're basically paying companies twice... once for their products and again in the hopes they'll have a good year and give you back a fraction of your money.
    and like that... he's gone.
  • gnr+pj=2bestevergnr+pj=2bestever Posts: 358
    catch22 wrote:
    money doesn't grow. plants grow. the stock market is no different than taking your money to vegas. you have a sum, you throw it in the pot, and you hope you get lucky and win something. sometimes you do, sometimes you don't. but the house ALWAYS wins, and that means you're basically paying companies twice... once for their products and again in the hopes they'll have a good year and give you back a fraction of your money.


    This post must be about one of three things:

    1) you are joking

    2) you've had a bad investing experience (probably because you didn't do any research and made a bad decision)

    3) You don't know anything about stocks or investing in general.
    Whats got the whole world faking?
  • DonJonDonJon Posts: 5,089
    catch22 wrote:
    money doesn't grow. plants grow. the stock market is no different than taking your money to vegas. you have a sum, you throw it in the pot, and you hope you get lucky and win something. sometimes you do, sometimes you don't. but the house ALWAYS wins, and that means you're basically paying companies twice... once for their products and again in the hopes they'll have a good year and give you back a fraction of your money.

    Whilst there is always an element of risk on the share market...comparing it to a casino is the same as comparing the inflation rate of Australia to Zimbabwe's
    I'll ride the wave where it takes me.
  • spongersponger Posts: 3,159
    I can see how he may have a point if he's talking strictly high risk investments. If I had a choice between an aggressive strategy and a game of black jack, I'd take the latter.
    reigning champion

    http://forums.pearljam.com/showthread.php?t=272825
  • gnr+pj=2bestevergnr+pj=2bestever Posts: 358
    not a good day to be in the market...ouch
    Whats got the whole world faking?
  • Get_RightGet_Right Posts: 13,329
    im almost ready to reinvest!
    shave another 1000 points off and Im back in the game!!!
  • gnr+pj=2bestevergnr+pj=2bestever Posts: 358
    Well for those in the market right now = bad

    Those not in = potentially VERY good
    Whats got the whole world faking?
  • catch22catch22 Posts: 1,081
    gnr+pj=2bestever wrote:
    This post must be about one of three things:

    1) you are joking

    2) you've had a bad investing experience (probably because you didn't do any research and made a bad decision)

    3) You don't know anything about stocks or investing in general.

    who's laughing now amigo?

    your little pretend money system's going up in flames. and who's going to win? the house... aka the ceo of every company that fails when he or she walks away with millions while your retirement fund is gone. sucka.
    and like that... he's gone.
  • mookie blaylock 10mookie blaylock 10 Posts: 4,042
    i invested into parts to build a machine to print my own money. best investment i ever made. it yields huge dividends.
  • dontloseyourheatdontloseyourheat Posts: 483
    As long as you don't panic, your money will always increase. Take a look at stock trends.... some years are up, some years are down but overall the trend is positive. This may not be correct, but it's like every 12 years your investment doubles.

    Now obviously if you invest in a high risk company and it tanks, you are screwed. But if you talk to a broker and set up a diversified portfolio, you should be fairly safe...much safer than in Vegas at least.
    "Don't lose your inner heat...ever" - EV 5/13/06
  • gnr+pj=2bestevergnr+pj=2bestever Posts: 358
    catch22 wrote:
    who's laughing now amigo?

    your little pretend money system's going up in flames. and who's going to win? the house... aka the ceo of every company that fails when he or she walks away with millions while your retirement fund is gone. sucka.

    Because this market was like gambling huh? If you hadn't seen this coming for months then I don't know what to tell you. It wasn't like out of the clear blue sky the market dropped 700 points. Get a clue man.
    Whats got the whole world faking?
  • spongersponger Posts: 3,159
    IMO, the fact that -700 points amounts to just a 7% decline is indication that the dollar is on its way to becoming the next peso.
    reigning champion

    http://forums.pearljam.com/showthread.php?t=272825
  • mookeywrenchmookeywrench Posts: 5,937
    catch22 wrote:
    who's laughing now amigo?

    your little pretend money system's going up in flames. and who's going to win? the house... aka the ceo of every company that fails when he or she walks away with millions while your retirement fund is gone. sucka.


    the market is cyclical, we just had a huge peak, now we are in the downturn of that peak, it's going to balance out. Long term investors won't be hurting.
    350x700px-LL-d2f49cb4_vinyl-needle-scu-e1356666258495.jpeg
  • catch22catch22 Posts: 1,081
    mookeywrench wrote:
    the market is cyclical, we just had a huge peak, now we are in the downturn of that peak, it's going to balance out. Long term investors won't be hurting.

    long term investors are those with the money to ride this out... aka, the wealthy. the entire stock market is a means to ensure that the wealthy stay wealthy and get more wealthy. they do this by suckering the unsophisticated, pushing them to pour their money into retirement schemes controlled by people looking to make big bucks through investment. when the market tanks, those people lose. it's a scam. the whole thing is a hoax.

    you can buy debt. you're not even investing in companies anymore, or money, or profits. it's nonsense.

    i'm simply a subscriber of the lewis black theory of economics: if you have a company and you can't explain, in ONE sentence, what it does... it's illegal. these brokerages, risk speculators, mortgage loan debt buyers, they should all be banned. this system is absurd and i hope this whole thing comes crashing down. i look forward to watching executives leap out of office buildings like they did in the great depression. let these scumbags burn, let the whole system collapse, and let's start over.
    and like that... he's gone.
  • spongersponger Posts: 3,159
    catch22 wrote:

    i'm simply a subscriber of the lewis black theory of economics: if you have a company and you can't explain, in ONE sentence, what it does... it's illegal. these brokerages, risk speculators, mortgage loan debt buyers, they should all be banned. this system is absurd and i hope this whole thing comes crashing down. i look forward to watching executives leap out of office buildings like they did in the great depression. let these scumbags burn, let the whole system collapse, and let's start over.

    That is some of the best shit I've read all day. Thank you for that.
    reigning champion

    http://forums.pearljam.com/showthread.php?t=272825
  • mookeywrenchmookeywrench Posts: 5,937
    catch22 wrote:
    long term investors are those with the money to ride this out... aka, the wealthy.


    I'm a long term invester, but by no means wealthy my plan is to ride this out. The only people who really have to worry are those who planned on retiring within the next 3-4 years, those who bought way more house than they could afford, and those who were planning on buying way more house than they could afford.

    If people become responsible with their money and purchases then we're going to be alright.

    If you let fear drive the market, there's going to be trouble.
    350x700px-LL-d2f49cb4_vinyl-needle-scu-e1356666258495.jpeg
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