Stock..

  • Thread starter Thread starter buffness
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buffness

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Is anyone into stock? I'm looking to start getting into it myself, but dont' know all the in's and out's on how it all works. Anyone wants to fill me in :stupido2: ?
 
ive got some, but i dont look @ them :) i did cash a few in, but 4 the most part i dont touch'em
 
My co-worker in a finacial guru, he is getting me started with mutual funds, IRA, 401k's the whole sha-bang. Im sure he could help, lemme ask him if he'll help
 
Matt76 said:
buff Home Depot say it isn't so. You know I did work at Lowe's haha:)
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both actually :) I plan to buy some of both. It's time to working on the futuristic buff empire :D Stock, real estate is where it's at right now. As soon as I start my career all hell is breaking lose! Buff's gonna be a millionaire :D lol
 
Hey buff i'll have my buddy sign up for this site and u can PM him all u want about financial stuff. Maybe he can help make you rich and you can help make him buff, he is my workout partner when he isnt lazy , he's just a little guy
 
goes4ever said:
yeah cylo I have one question 4 U, did U send your pics to your trainer yet :)
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i did he was speachless....just like i am everytime i c my fat ass in the mirror
 
IMO buying stock is highly speculative. I would stick to mutual funds. You can buy funds that focus on 1 sector, real estate, medical industry,precious metals, etc. But for long term investing your better off putting it in a S&P 500fund IMO.
 
buffness said:
what's a S&P 500fund
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A mutual fund that has all the stocks that make up the Stand & Poors 500 stock index. It's the most widely followed index. You can buy any through a discount broker like Charles Schwab.
 
if your new the the game I recommend watching the stock market first on whatever your interested in, check out the penny stocks, and yea... go through a reputable broker so you can combine all into one pertfolio instead of going for the do-it-yourself way. Thats what im doin, im watching everything, and when I get back home im hitting up a broker with my ideas..
 
buffness said:
I want to buy stock in Microsoft of course, Home Depot etc :)
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You're a little late on buying Microsoft. CNBC was saying today, $100 invested in Microsoft 20 years ago would be worth $700,000 today.
 
kclifter said:
You're a little late on buying Microsoft. CNBC was saying today, $100 invested in Microsoft 20 years ago would be worth $700,000 today.
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true, but Microsoft isn't going anywhere anytime soon. It's a steady stock that will continue to grow and make some money.

So for those of you that know, or know someone that does. How do I get started? Can I buy and sell on my own? What sites are legit?
 
look into ameritrade or etrade

even yahoo.com is helpful, thats who i goto to watch the stocks.

I know they allow you to do a test drive on the stocks, like use fake money and do the buy and sell deal for a while until you get comfortable. But again Microsoft is like beating a dead horse, yea it may be steady but it isnt making you any money.. the stock is sitting at 27 bucks now... its been at 27 bucks for the last year, give or take 1 dollar. I honestly dont think its worth it unless your down with insider trading and you know that a new improved windows program is coming out thats gunna revolutionize the computer industry

Just my 2 cents
 
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