Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Anybody else here into the stock market?

Mojo

By Mojo,
in Huddle Lounge

Recommended Posts

Kramerica Rookie

Kramerica

Posted
Posted

Nobody likes to hear it but you are generally dumb trying to make money on individual stocks...unless

1) It is part of a balanced portfolio

or

B) You have an edge whether it be insider information or you simply can research the hell out of something.

People who are making money consistently on stocks are

a) Warren Buffet

ii) Traders who make money off micro trading

3) People who understand things like alpha/beta separation

Four) Insiders

The best way to make money is to learn what a truly balanced portfolio is.

The only places I have had (what I think is) an edge is in Oil and regional banks. The former because I made it a hobby to research and the latter because I have an insider giving me advice.

This is the correct answer.

Sent from my iPhone using CarolinaHuddle

Link to comment
Share on other sites
Anybodyhome Grand Master

Anybodyhome

Posted
Posted

I turned all of my financials over to a professional a few years ago when I retired from Lowe's. He's nearly doubled my IRA in less than 4 years... couldn't be happier.

 

I have what amounts to an involuntary savings account as a government employee in NC. 6% is put into the NC Employees Retirement Fund every couple weeks and I have a 401k with city match.

Link to comment
Share on other sites
Big A Newbie

Big A

Posted
Posted

My first stock purchase was back in high school, me and my buddies decided to try penny stocks and put up about $5k each, pretty much all our money, we put it all in a company run by John Sculley called Spectrum technologies. In the first week the stock went up about 40% and we debated cashing out, but decided to stay in. The following week, we checked the news in morning and the company was being raided by FBI and investigated for fraud by top company officers. It immediately dropped like a rock and a few days later I cashed out $180. Needless to say, it was about 10 years before I invested again in stocks.

Bottom line, stock market is gambling and the less diversified your investments, the bigger the risk/reward. Just like others said, you should use professionals who make small fees in trades, but are well worth it if you don't spend all day reading every company info, earnings reports and projection, decipher market trends etc. One of the first conversations should be the level of risk you want in your investments. I chose much lower risk and went with energy and precious metal mining stock as well as a couple of funds and have done well. I basically consider my account a savings account with better interest rates than bank with small risk and that works for me. Other may choose to be very aggressive, but it is gambling so only use money you can afford to lose.

Link to comment
Share on other sites
Davidson Deac II Grand Master

Davidson Deac II

Posted
Posted

I turned all of my financials over to a professional a few years ago when I retired from Lowe's. He's nearly doubled my IRA in less than 4 years... couldn't be happier.

 

I have what amounts to an involuntary savings account as a government employee in NC. 6% is put into the NC Employees Retirement Fund every couple weeks and I have a 401k with city match.

 

So Pstall did pretty well for you?  ;)

Link to comment
Share on other sites
  • 2 weeks later...
Happy Panther Grand Master

Happy Panther

Posted
Posted

I am dipping into Gazprom today at 7.12 (OGZPY.) It is a speculative move and risky for many reasons. Political obviously and it is an OTC stock. However the upside could be nice and I could use some OIL exposure in my portfolio. Also pays a dividend.

 

I doubt it is at the bottom and may not be for a while but I am prepared to buy on the way down unless WWIII happens.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • TLGPanthersFan
      Why does Bryce get the blame?

      By TLGPanthersFan · Posted

      I have said if you out even an average QB into the offense we are averaging 25+ points a game. But that will never happen with Bryce under center. 
    • frankw
      Why does Bryce get the blame?

      By frankw · Posted

      The defense is 28 out of 32 in salary cap allocation for 2025. We have a ton of resources tied up in the offense including the highest paid OL in the league multiple 1st round WR's and multiple recent draft picks across the offense at TE and RB and we have two 1000 yard backs. Bryce and company couldn't get past Tyler Shough and his crew in 2 games. That's all there is to it. You can spin it and put the entire onus on the defense to your heart's desire it doesn't change the fact that this is an OFFENSIVE team now. If you want to argue that we should revert back to a defensive identity as we have been in the past which has brought us success then I will agree with you on that. But as it stands the onus is on the offense because that is where we have invested through the nose. Dave Canales and Bryce Young need to do a hell of a lot better than they have against the rebuilding Saints who without us should only have 2 wins this season.
    • TLGPanthersFan
      Why does Bryce get the blame?

      By TLGPanthersFan · Posted

      Bryce is not trending up. He is the same QB he has always been. Bottom of the league in most categories.  If Canales thinks he can build a contender with Bryce then he is a bigger idiot then I thought.  Offense next year will have the same issues and be just as inconsistent as it was this year.  We have seen Bryce’a ceiling and it is 175 yards a game and that is not a QB you keep around as your starter. That is barely a backup.   
×
×
  • Create New...