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Stock Marketing

Discussion in 'BlackHat Lounge' started by futurestunner, Feb 25, 2010.

  1. futurestunner

    futurestunner BANNED BANNED

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    Any of you guys invest in stocks? Planning to do so but can of you guys give me tips before i start investing?

    What are some dangers of investing?
    any possible benefits?
     
  2. superspiderman

    superspiderman BANNED BANNED

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    Hey bud. I do this for a living.

    For a newbie the #1 thing I would recommend is follow the experts, because you are totally not going to have a clue what you are doing and are going to get burnt. Period.

    Like Hagiology above I am a fan of DRIP's and IRA's - But I know since you are on BHW you want to make serious bentley style money - not a compound 6% return yearly

    A new thing I have just started investing in is https://cv.im/

    I am a big fan of Timmy Sykes and you can essentially replicate all of his trades in your brokerage account for a low 1.5% fee.

    Definately Worth A look and dont believe the hype that many "guru's" tout!
     
  3. Lukedell

    Lukedell Junior Member

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    Fuck investing in stocks....trade options over them instead. Buy and hold (and pray) is over....especially when all our markets are going to be heading south in the near future.

    Don't listen to all the talking heads on the tv and in the newspapers. They're always going to say its a good time to buy - if they didn't no one would buy stocks. Get some good advice, thats all I can say.
     
  4. futurestunner

    futurestunner BANNED BANNED

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    thanks guys, i got myself a helper with this. Though i would consider all your help and tips.
     
  5. loclhero

    loclhero Supreme Member

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    Here's my advice: Nobody here or anywhere else has a fucking clue what any stock market will due long term. One reply above is that "all our markets are going to be heading south in the near future". That is based on nothing other than his opinion.

    Everyone says buy and hold is over. Why? Because for some brief moment in time it was? The fact is that nobody knows.
    I'm old school and been putting money into diversifed mutual funds for longer than most members here have been alive. Did I lose a grip at the end of '08? Hell yeah. And every day I said, "leave it, leave it, leave it".

    After the slaughter was halfway through, I pulled it all and put it into cash. Net result is that I wound up back where I was before the "crash".

    That's my experience. The only other thing I'd say is don't trust a financial planner if he/she is not fee based and by and large, brokers are scum.
     
  6. onelifewunlove87

    onelifewunlove87 Power Member

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    Very ez to loose money very fast in the begining especially if you are over anxious. If you do not do alot of research and take alot of help from experts until you know what you are REALLY doing then its no different the just going to the casino. I trade penny stocks for fun but I consider is more like buying a lottery ticket then actual financial planning.
     
  7. futurestunner

    futurestunner BANNED BANNED

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    i heard that you could lose more money more than what you will gain. True?
     
  8. voidale

    voidale Jr. VIP Jr. VIP Premium Member

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    just go for real estate ;)