[Doc]

Lets say I have some money...

Should I put it in the stock market? Even if it hasn't hit bottom yet it WILL go over 10000 again...


Anyone got any hot tips?

[imkindafkedup]

I'd personally wait until just after October, October is just notorious for being a bad month.

[jnm988]

Call me

[Doc]

Umm yeah... I don't have your digits...

[GixerJockey]

Originally Posted by Doc

Umm yeah... I don't have your digits...

Seriously???





Hey everybody! There's someone over here that doesn't have Jackie's phone number! I know... I didn't think anyone existed either...

[jnm988]

Originally Posted by GixerJockey

Seriously???

Hey everybody! There's someone over here that doesn't have Jackie's phone number! I know... I didn't think anyone existed either...

LOL... I'm one of the few people here that hasn't posted my phone number... even Steve doesn't have it

[GixerJockey]

Originally Posted by jnm988

LOL... I'm one of the few people here that hasn't posted my phone number... even Steve doesn't have it

He does now...

[dhuze]

Originally Posted by Doc

.............
Anyone got any hot tips?

Yeah. Dont buy Google or Citidel. And stay away from AIG.

Soon would be a good time to get in. You never loose money until you cash it out. Unless of course your company goes bankrupt.

[CBR_Knight]

now might be a good time to get into the stock market

one thing you can do to prevent yourself from losing too much money if the market continues to decline and hasn't quite hit rock bottom yet is to make sure you have "stop loss orders" on your stocks - these will automatically sell your shares if they drop below a certain value below what you bought them for....


also it might be wise to look into mutual funds as well versus just stocks

[Honclfibr]

What you have here is the result of the baby boomer generation. Born to post-war prosperity, they slowly forgot the hard times of their parents' generation and with it, the need to save. Leveraged on a stock market and a housing market that couldn't sustain itself, they're now desperate to regain the paper wealth they've seen dry up in the last year.

And of course, they brought up children even worse then they were. My generation sees the depression as a story their grandparents tell them, a fairy tale that can't possibly happen anymore. Ours is the credit generation, we believe that credit is the lifeblood of our economy and that the lack of it is what is causing our problems now, rather than the lack of real wealth or savings.

So together, yes, they will probably bring the stock market back up, and claim that it is the mark of a healthy economy. They did it in 2001, they can do it again in 2008. All the while oblivious to the damage that they're doing to the real economy. Leverage cannot be bailed out with more leverage, and our stock market may soon become a false indicator of prosperity as the full faith and credit of the U.S. government is called into question. Bailout after bailout, deficit upon deficit, we are diluting the real wealth of the American economy to save ourselves in the short term.

I'd guess the stock market isn't a bad place to put your money, if it's going to be diluted and worthless it might as well go up and the desparate masses seem determined to make the stock market go up at any cost. But you better be prepared for the time when the dollar isn't the gold standard it once was. There's a real power that comes from having your currency be the global standard, and we are rapidly approaching the time where we lose the fortune and influence that comes with that. The effects of which will certainly be felt by our generation, and our childrens' generation.

So yes, the sign of the times would seem to indicate that putting your money in the stock market would be wise, as we are determined to keep it up at any cost. Just don't be surprised if they give you monopoly money when it comes time to cash out.

[Honclfibr]

Just in case you don't believe me, ask yourself this simple question: who is really bailing out the U.S. economy? It can't be the taxpayers, they're the ones who need the bailing out. It can't be the government, they're running ever deepening deficits.

No, the bailout can't come from within. It must come from without. Foreign money is getting smarter. Countries like China and India have built large economies exporting goods and services, and that's where the money is coming from. For every American who believes that lack of credit is bringing down our economy and spending more than he/she earns, there's someone in China or India loaning them money.

It doesn't matter that we make more than they do, what matters is that we spend more than we earn while they save more than they earn. Chinese savings rates approach 30%, and they're saving on a fraction of our income. Meanwhile, American savings rates have dropped below zero. Every dollar we spend, every bailout we receive, is being paid back with interest to increasingly powerful foreign economies so that we can continue to buy goods from them.

Where does it all lead? A slow and steady bleed of American wealth to countries like China and India who, after years of resisting western ways, have embraced it and are now exporting capitalism in the form of credit to feed our need for instant gratification. They have spent years in poverty, they will wait for their turn. And they will get it, courtesy of every bailout and every tax rebate that our treasury can't in good conscience provide but does so at the demand of the American public.

In the end, who can blame them? They're embracing the very ideals that we as Americans personified for so long. Work hard. Save. Lend. Build wealth, so that you and your children may prosper. Welcome to the US of Asia, where 3 billion people are more than happy to mortgage your future so that they can take their place as the next global power. Sorry Americans. You forgot that loose credit does not build a healthy economy. Credit bleeds an economy. And our economy will bleed, slowly and quietly, right up until we recognize that our standing as the most powerful economy in the world is a precarious one, built on hard work and sacrifice, and can be lost just as quickly as it was won.

[pmdepr]

I would take a look at Berkshire Hathaway B stock. This is a value investors dream and Warren Buffet is famous for buying good investments cheap and waiting for them to pay back big time. He is taking advantage of this downturn to pick the diamonds in the garbage pile. He bought GE rights with guaranteed dividends for pennies on the dollar. The A class of his stock is like $10,000 but the B shares are more reasonable. Whatever you do - do the research before you invest. Don't just take anyone's advice on face value - including mine.

[CBR_Knight]

Originally Posted by pmdepr

I would take a look at Berkshire Hathaway B stock. This is a value investors dream and Warren Buffet is famous for buying good investments cheap and waiting for them to pay back big time. He is taking advantage of this downturn to pick the diamonds in the garbage pile. He bought GE rights with guaranteed dividends for pennies on the dollar. The A class of his stock is like $10,000 but the B shares are more reasonable. Whatever you do - do the research before you invest. Don't just take anyone's advice on face value - including mine.

I def second that advice.

I have been researching stock market theory, stocks, companies, etc. for more than a month now and will do so for longer even before I make my first share purchases on Etrade..........

Anything that involves me losing money with low potential to have benefit result from it is something i will do lots of research in before sending that money on its way

[l3uddha]

Doc u still got my dad's number? I'd wouldn't listen to any of these other yahoos.

[Doc]

Originally Posted by l3uddha

Doc u still got my dad's number? I'd wouldn't listen to any of these other yahoos.

I think I do...