• 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.

I have money to invest !! Stock tips/picks anyone ?

K

Kniteman77

Platinum Member
Need some ideas to get the 'ol noodle going.

I have some money to invest, and i'd like some good stock tips. I figure some people in here have to be into investing, so I thought I'd ask.

Fire away, I'm interested to see where this goes/if it goes anywhere.
 
Spread it far and spread it wide. Diversity for the win. I'd especially look internationally now. US stocks are already high. The rule is buy low, sell high.
 
paypal it to me and I'll invest it for you!🙂

Are you looking for a long-term or short-term investment? Might you need quick access to some of the money at any point in the future? How much risk are you willing to take? Can you do foreign markets? What form is the money in now? No need to give exact figures, but what order of magnitude are we talking about, $1k, $10k, $100k, $1000k, more?
 
My best stock tip is don't look for stock tips. Do your homework.

Try this: Pick a sector (energy, retail, autos, etc), figure out who the best companies are, profit?

try finance.yahoo.com and fool.com for starters.
 
I've been doing research mostly in the Tech sector because that's what I know.

I hate mutual funds, they tick me off, too slow, no potential.

This is just to get me ideas really.
 
You'll probably do well with a market index fund. It's a mutual fund that basically buys shares market-wide, so the performance of the index fund is pretty much identical to the overall market. That means that instead of pinning your hopes on a single stock, or a single sector, you are counting on the whole market. A rising tide lifts all ships, as it were. There's no reason for a straight index fund to carry any significant fees, since there's not really any "management" of such a fund per se.
 
Originally posted by: Kniteman77

You have any reading tips besides just websites ?
Click to expand...

Take a look at "A random walk down wall street"


And funds aren't slow if you have the right one. If you pick the right sector fund, you'll do very well. (IE: energy sector last year) When you buy a sector fund, you don't need to pick the best company, you just pick the best sector (which includes the best company). It's easier than picking a single stock, but it's not easy.

Try playing with a portfolio on yahoo finance or some other simulator.
Watch Jim Cramer's Mad Money, but don't do everything he says 😉
 
Until you figure out what to do with your money, set up an ING Direct savings account. They are offering over 4% interest right now. Go to your bank and talk to an investment agent who can give you information to help make a decision.
 
Originally posted by: Kniteman77
I hate mutual funds, they tick me off, too slow, no potential.
Click to expand...
I bought a lot of a small cap international mutal fund (SMCWX) in May 2005. It is up ~35% since then. Chart. How is that slow and no potential?

Note: I don't recommend that fund now since it has just soared up. No reason for you to buy high.

 
Originally posted by: Kniteman77
I've been doing research mostly in the Tech sector because that's what I know.

I hate mutual funds, they tick me off, too slow, no potential.

This is just to get me ideas really.
Click to expand...

Heh,
my mix of funds is up over 10% since mid March. (month and half) You gotta do your homework and put your money into the right sectors.
 
Personally, I'm invested in BBC, and currently waiting for entry point for CTRP. Both are young asian companies that I highly regard. Warning, they are also both inherently risky.

Oh, if you're a gambling man, pick up some shares or you can long some options of RMBS. I picked some up a few months ago. It's already gone up a bit since then, but not all the lawsuits are settled yet.


edit: I'm also invested in SINA. Also risky though. These are just stocks that have a huge upside. I'm invested in other larger and safer companies too. But I figure I'm young, I can afford to take more chances.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top