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CHAPO GUZMAN

CHAPO GUZMAN

Sicc OG
#1
Jan 5, 2006
13,536
3,427
0
37
#1
any of yall invest in that shit or do a little day trading?

i dont really know shit but i wanna learn more about it, got some loot id like to invest when im ready and when its ideal.
 
Sydal

Sydal

Sicc OG
#4
Apr 25, 2002
7,232
170
63
43
www.idealsentertainment.com
#4
It's worth it if you get in on the right stocks. What you want to pay attention to is what the company is doing, what the companies plans are, quarterly earnings, and how external issues effect that company. For example, if you invest in McDonald's, and it comes to light that their food causes cancer, their stocks will drop. Kind of a dumb example, but you get the idea.

My advice would be to get into it for the semi-longhaul....with a company that is doing well, and you know will be doing better a year or so down the line. I bought Apple Stock at $100 per share a few years back, and it's now almost at $358 per share.

It's all a gamble, but there are some companies you just can't go wrong with. Some family members of mine invested in Ford and BofA when the market took a dump. They doubled their money in about 7 months.

Oh, and you have to BELIEVE in the company. I almost dumped my stock when Apple announced the iPad....but I held on to it. It was a good idea.
 
NiNe2FiVe

NiNe2FiVe

Sicc OG
#5
Apr 26, 2003
10,869
16,113
0
62
East Oakland, USA
#5
Its a gamble. My advice would be to take that money and invest it in either a money market account, or find a high interest/long term CD. You can find a high interest MMA, and dedicate money every month to add, in a few years you could double your money, or more.
 
Rusto

Rusto

Sicc OG
#6
Nov 2, 2002
8,185
238
63
41
#6
you can also choose a sector that u think is going to do well in the long run, like bank stocks aka "financials".

Or you can live on the wild side and day trade penny stocks
 
Rusto

Rusto

Sicc OG
#7
Nov 2, 2002
8,185
238
63
41
#7
I made a ton of money off American Apparel .......i figured they would become like the next gap...but then i got greedy and doubled down, and the stock plummetted.
 
:ab:

:ab:

blunt_hogg559
#8
Jul 6, 2005
8,149
5,192
113
#8
there's this new fangled stock called xtraplan that all the cool dreaded kids are talkin about.
 
Rumpelstiltskin

Rumpelstiltskin

Sicc OG
#19
May 6, 2002
7,218
2,906
113
#19
Sydal said:
I bought Apple Stock at $100 per share a few years back, and it's now almost at $358 per share.
Click to expand...
I bought it at around 240 and sold it once it hit about 365.
It kept hovering around 350 (and still is). People swore it would hit 400 but I saw it dip to 320 and cashed as soon as it came back up to 365.

You should sell out man...Apple isn't going to hit 400+ in my opinion.
 
Rumpelstiltskin

Rumpelstiltskin

Sicc OG
#20
May 6, 2002
7,218
2,906
113
#20
Anyways, yes I do play with stocks and funds.
It's all within my 401K though.

All my stocks are domestic. About a third of my funds are in stocks.
Right now its MAT, DIS, LVS and IL.

The rest of my funds are in foreign markets, and one domestic.
GBRAX, AEPGX, and TEDIX.

Doing pretty well. Up a little. Not bad considering the stuff is down right now.
 
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