Anyone else into stock markets - Page 2 - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Lemonade Stand > Lemonade Stand Archive
Click Here to Login
 
 
Thread Tools Search this Thread Display Modes
 
Old 09-19-2004, 11:30 AM   #16
Refugee
 
isabelle_guns's Avatar
 
Join Date: May 2004
Location: Vancouver
Posts: 1,662
Local Time: 03:47 AM
too complicated for me, I could never keep up.
__________________

__________________
isabelle_guns is offline  
Old 09-19-2004, 01:46 PM   #17
The Fly
 
HeartlandSoul's Avatar
 
Join Date: Dec 2002
Location: The middle of a cornfield
Posts: 260
Local Time: 10:47 PM
You have a serious problem, my friend

I know a bit about the market but not enough to make my own trades. . .I only invest for the long-term. The odds are in my favor if I diversify and stay in it for the long haul. If there are any stocks that are doing especially bad my financial advisor moves them for me. He gets paid for that. Not as exciting but practical for me!

My investments are about 25% bonds and 75% stocks (diversified amongst growth and more stable areas).
__________________

__________________
HeartlandSoul is offline  
Old 09-19-2004, 02:07 PM   #18
BAW
The Flower
 
BAW's Avatar
 
Join Date: Dec 2001
Location: The OC....!!!!
Posts: 11,094
Local Time: 07:47 PM
Quote:
Originally posted by AcrobatMan


Never buy a cheap stock - Its gambling

Well, we don't make a habit of it. Most of our investments are for the long term, not to make a quick buck, but this was a highly recommended stock that someone we trusted had already invested in.

The technology being developed by the company we invested in was supposed to be in high demand due to security changes after 9/11 and it looked like a pretty sure thing. Of course I know now that nothing is a sure thing, but it was a live and learn experience.

That said, we let our financial planner do the work for us now. He keeps things diversified between mutual funds, global and small cap stock. I'm not thrilled with our return rate the last few years but I'm too conservative to pull everything out and put our money somewhere else.
__________________
BAW is offline  
Old 09-19-2004, 02:45 PM   #19
Blue Crack Addict
 
Join Date: Jul 2001
Posts: 17,927
Local Time: 10:47 PM
Being that I live hand in mouth and have no extra money to invest I won't have to worry about it.
__________________
U2Kitten is offline  
Old 09-20-2004, 01:22 PM   #20
ONE
love, blood, life
 
Mr. BAW's Avatar
 
Join Date: Jul 2003
Location: Life's too short to drink cheap wine!
Posts: 12,336
Local Time: 08:47 PM
Quote:
Originally posted by Bono's American Wife



Well, we don't make a habit of it. Most of our investments are for the long term, not to make a quick buck, but this was a highly recommended stock that someone we trusted had already invested in.

The technology being developed by the company we invested in was supposed to be in high demand due to security changes after 9/11 and it looked like a pretty sure thing. Of course I know now that nothing is a sure thing, but it was a live and learn experience.

That said, we let our financial planner do the work for us now. He keeps things diversified between mutual funds, global and small cap stock. I'm not thrilled with our return rate the last few years but I'm too conservative to pull everything out and put our money somewhere else.
That said, our guy is in the know..he's the vice-president of a Prudential division that, from what I understand, was purchased by Wachovia...we've known him well enough that he was at our wedding several years back...matter of fact, he told me how much I could spend on the wedding without getting into trouble...Either he was wrong or BAW didn't listen! we're okay now..we keep our eye on it weekly but we don't dwell on it...some pretty safe and conservative ventures...
__________________
Mr. BAW is offline  
Old 09-20-2004, 03:26 PM   #21
Refugee
 
Justified's Avatar
 
Join Date: Jan 2003
Location: living with MVD
Posts: 1,629
Local Time: 11:47 PM
I am a retirement planning consultant. I advise companies on their 401(k)s but not with their investments however I do work in the investment field and daily with Mutual Funds.

I am studying right now to obtain my broker's license.
__________________
Justified is offline  
Old 09-20-2004, 03:46 PM   #22
Blue Crack Addict
 
nbcrusader's Avatar
 
Join Date: Aug 2002
Location: Southern California
Posts: 22,071
Local Time: 07:47 PM
The stock markets have changed over the years. In the past, prices were largely driven by company standing and forecast outlook. Far from gambling, investing in stocks was an educated business.

Today, with computer trading, day traders, and instant access to all news sources, short-term prices can fluctuate as if with the wind. You also have more individuals looking for the quick $$$, playing with risky stocks, chasing after tech stocks, etc. That stuff is gambling.
__________________

__________________
nbcrusader is offline  
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -5. The time now is 10:47 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright © Interference.com