• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Anyone use Sharebuilder.com?

L

LuckyTaxi

Diamond Member
Maybe it's safe to get back in, but I was never in it in the first place. Stocks such as microsoft are now
$25/share and i wonder if it will shoot back up to $60/share maybe a year or so from now.

Anyways, my co-worker has an account with sharebuilder.com. he thinks he's the sh!t cuz he's buying
stuff on there. He calls me a wuss for not doing anything with my money, but he shouldn't be talking
becuz he puts in like $50 for each stock he owns! So he brags that he owns Johnson&Johnson, but he's only
got like $75 into it.

Dumb?
 
Sharebuilder.com is probably not for you. It's meant for buy&hold investors. If you want to trade lots of stocks, you should use Schwab or E-trade or something like that.

And there's no reason to believe that Microsoft stock will go back to $60 in the near future. The stock market doesn't work like that. With a price to earnings ratio of 30, Microsoft is - IMO - still overpriced right now. As the software industry matures, profit margins will be squeezed. New growth opportunities, like video gaming, haven't been that profitable for them. They're running out of room to expand. I think there are many other stocks out there that will yield better returns.
 
Originally posted by: Shantanu
Sharebuilder.com is probably not for you. It's meant for buy&hold investors. If you want to trade lots of stocks, you should use Schwab or E-trade or something like that.
Click to expand...

I would like to make money the quickest way possible. Then again we all know the chances of that happening in thsi economy is next to nil. Having said this, why would someone want to use sharebuilder.com? longterm?

And there's no reason to believe that Microsoft stock will go back to $60 in the near future. The stock market doesn't work like that. With a price to earnings ratio of 30, Microsoft is - IMO - still overpriced right now. New growth opportunities, like video gaming, haven't been that profitable for them. They're running out of room to expand. I think there are many other stocks out there that will yield better returns.
Click to expand...

I know ... I can dream cant i?

 
If you want to make some quick money, buy some cocaine. hehe. The stock market is meant for long term investments. There's no way in hell you can know if the stock market will end up higher next year, but it's quite likely that given a time frame of 10-15 years you can earn an average of 10%/year on your investments (assuming they're diversified).
 
ok ... by quick maybe i mean years from now. i know i cant expect to get any large return in less than a year.
What i dont want is to wait until i'm 60 to "play" with my investments.

your advice then sir is for me to?

i'm 23 and just graduated from college.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top