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Thread: In The Stock Market?

  1. #11
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    I don't even know how to get started with the whole stock business, let alone how to actually make money.

    Nothing is ever as simple as just jumping in. It requires meticulous research.

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    Quote Originally Posted by LiquidMist View Post
    I don't even know how to get started with the whole stock business, let alone how to actually make money.

    Nothing is ever as simple as just jumping in. It requires meticulous research.
    it requires research, but it also requires you to buy what you know, and for me at least, buy and hold. If you invest in a solid company, it should remain solid for years to come. Many of the companies I hold, I have held for years. One in particular I started with 100 shares in 1995. The company has since split 2 for 1, 7 times (so I now have 800 shares), and just a couple years ago started paying a pretty nice dividend. I also invest in "solid" dividend payers, and roll all dividends back into the stock. Not all stocks are speculative, of course, and ALL money in stock should be viewed as gambling money, since really.. you never know what's going to happen. I have, during times of economic downturn, lost more than 40% of my entire portfolio.. but buy and hold - especially during huge losses, usually works to my benefit, especially with dividend payers, as when the prices are low, there are more shares purchased per dividend payment.

    If you're considering getting into the market, you might want to start with a mutual fund that covers some of the big blue chip companies.. they tend to be plodders, and you won't make much money, but you'l be in and you'll start to get a feel for things.

    I can also recommend the book called Beat the Street, by Peter Lynch. And read stuff by the Motley Fools.. some of my biggest winners have come from advice I've read in their columns.

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  5. #13
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    Quote Originally Posted by Cattaturk View Post
    it requires research, but it also requires you to buy what you know, and for me at least, buy and hold. If you invest in a solid company, it should remain solid for years to come. Many of the companies I hold, I have held for years. One in particular I started with 100 shares in 1995. The company has since split 2 for 1, 7 times (so I now have 800 shares), and just a couple years ago started paying a pretty nice dividend. I also invest in "solid" dividend payers, and roll all dividends back into the stock. Not all stocks are speculative, of course, and ALL money in stock should be viewed as gambling money, since really.. you never know what's going to happen. I have, during times of economic downturn, lost more than 40% of my entire portfolio.. but buy and hold - especially during huge losses, usually works to my benefit, especially with dividend payers, as when the prices are low, there are more shares purchased per dividend payment.

    If you're considering getting into the market, you might want to start with a mutual fund that covers some of the big blue chip companies.. they tend to be plodders, and you won't make much money, but you'l be in and you'll start to get a feel for things.

    I can also recommend the book called Beat the Street, by Peter Lynch. And read stuff by the Motley Fools.. some of my biggest winners have come from advice I've read in their columns.
    You just utterly and entirely confused me. Too much Jargon after I just said, "I have no idea what I'm doing."

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    My apologies. . I didn't mean to add to the confusion. I know there are beginning books for investors that go over all the basic concepts. These might help. And I would guess that customer support at most trading places would be willing to answer questions. I know etrade does no matter how novice the question (And I've asked them a lot of novice questions!). And I'll bet YouTube has videos on how to get Into stocks as well. But I am sorry to add to the confusion . It was unintentional.

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    Someone actually told me, it's probably not wise for me to invest in the stock market, that'd I'd be better off with something more permanent.

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    Investing in the stock market should be done with your eyes wide open. When you are blinded by a huge potential payoff or terrified of a loss, you will not make good decisions.

    But donít blame the stock market.

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    Quote Originally Posted by Tribune View Post
    Like Foodstamp, I like dividends.

    Dividends are real.

    They're not just for widows and orphans any more.
    Me too, I want to get to this point:

    http://www.investinganswers.com/inve...dends-day-6306

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    Quote Originally Posted by ewd76 View Post
    Me too, I want to get to this point:

    http://www.investinganswers.com/inve...dends-day-6306
    This is seriously the single biggest motivator for me to invest. I read this about 2 hours ago and I just opened a trading account and bought about $250 worth of stocks to test the waters. The guy from the article has a several hundred thousand dollar portfolio so I'm not expecting anything remotely close to those kind of dividend payments, but hey - I'm 28 so I'll get there eventually! Thanks for the awesome read!

    Update - I'm done with my stock purchases for the month and I now have a forward 12 month dividend income stream of $24.64, assuming no increases or cuts in dividend payments!
    Last edited by TurkinTrucker; 05-24-2015 at 04:45 PM.

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