I know that Nintendo trades on the Japanese market and that it might be more complicated to buy shares (probably more fees, too), but this seems like a good opportunity. NTDOY stock is currently sitting at $19.45. It was at $30 three months ago and around $35 at the end of the last holiday season.
Would any of you guys consider investing? I'm wondering what guys who actually follow the market (neon, Muffin) think.
-- Yoblazer: http://i44.tinypic.com/5nw45i.jpg Watch and you'll see... someday I'll be... part of your world!
The reason you would want to invest is if you think that Nintendo is a solid company and will be able to repeat the successes that it has had with the DS and the Wii. If you think so, and you have money now would be a good time to invest.
The only thing I would warn you off, is probably not to invest today. I would wait a week or so, because this price drop could shock the shares up or down (Haven't looked at a business report of the expectations) and it might take a bit for them to cool off again. If you want to be exceptionally safe, I would wait a week after the price drop takes effect, because bad sales numbers could drop the stock again, while at the same time, good sales numbers might jump it up.
If I had the money, I would probably put a grand in or so.
Unfortunately I don't have the money.
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yE frE me Kweku Ananse Papa me:http://img235.imageshack.us/img235/1508/masterplumgm3.jpg
From: SantaRPG | #002 as someone who sees these topics fairly often, I think the standard advice is "don't just jump into the market when you see a good deal, research with a professional and try to diversify your portfolio"
Depends on what you are trying to do, but assuming you aren't trying to save for retirement or need the money right away, its not a bad idea
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yE frE me Kweku Ananse Papa me:http://img235.imageshack.us/img235/1508/masterplumgm3.jpg
From: masterplum | #004 I'm a business major, if that means anything.
So was I, but I'm still asking this question! Actually, I'm confident they will rebound. Nintendo will absolutely launch either a Mario platformer or Mario Kart for the 3DS by this holiday season, and that with the price drop will lead to a very fruitful couple of months for Nintendo. As the only Wii game worth a damn in years, I think SS will also enjoy strong sales.
I'm mainly just wondering how to buy Nintendo stock and approximately how much the fees will cost. I have no idea how much it costs to trade on the domestic market, let alone overseas (never done it before). If the fees are too steep, I wouldn't bother.
-- Yoblazer: http://oi52.tinypic.com/ad21i1.jpg Watch and you'll see... someday I'll be... part of your world!
It's pretty much the same to buy the ADR here in the US as it would be to buy any other US stock. Looks like they just released bad earnings today, which led to this collapse in stock price.
From: masterplum | #009 Do you have an investing account already?
Nope. I really should have gotten one in college, but I've always been so conservative and cautious with my money that I've never even dipped a toe into investing. All my savings are sitting in an account that pays diddly, so I'd like to change that before I get old.
-- Yoblazer: http://i43.tinypic.com/25z1non.jpg Watch and you'll see... someday I'll be... part of your world!
the only difficulty with this, if you have the money to spare, is the fact that Nintendo doesn't trade in the US. you need to find a place that deals with Tokyo's stock exchange. i think the main way to do that would be to find a brokerage that has Forex trading and going from there, but before you go that far you might wanna get your hands a bit wet first with the stuff in the US market since some might have minimum balances required. unless you've got a couple thousand, in which case, go call a few of the guys with Forex up and see what there is.
a lot of trading can be done by you on your own through a bunch of trading places. TradeKing i don't think has Forex, but Zecco does. those two are likely the cheapest you'll find in terms of commission per trade. etrade and scotttrade are the bigger and better known ones and i'm pretty sure the former also can trade internationally too. it's not that hard to get an account so long as you've a bank account, some money in said bank account, and can fill out a few forms.
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The future must protect the clone's past. "Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.
and investing really isn't that hard if you've got a beeline on something others haven't quite figured yet. the only real rule to follow is that if you're confident in a stock, then remember that it will probably go up and down, so don't just start rushing to sell it on a down. don't start buying and selling willy nilly if you're just learning/don't have a lot because while it's possible to make some profit (and sometimes even a fifth back within a week if you're REALLY lucky), it's a very easy way to lose money since you'll be more or less breaking even 9/10 times.
if you're absolutely sure, remember that you're in it for the long term.
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The future must protect the clone's past. "Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.
i wouldn't expect too much movement between now and the drop honestly - it's not like they assed out those who bought it already. have a solid future, and both angles should generate some good buzz to go with the bad/fear. not enough that it'd have a sizable drop. but if he's gonna start investing in the stock, the time in between is what he's stuck with anyway since the check brokers make and fund transferring will take a week anyway.
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The future must protect the clone's past. "Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.
From: Dauntless Hunter | Posted: 7/29/2011 12:55:51 AM | #023 It would be more correct to say, "the only Wii game worth a damn THIS year", or even "the last Wii game worth a damn".
agree on the first quote, but gotta disagree on the last!
no way is Dragon Quest X coming out before Skyward Sword!
though you can easily fix that statement by saying the last Nintendo Wii game
but seriously saying Skyward Sword is the last Wii game worth a damn in years is just an awful post. 2010 was a fantastic year for Wii.
well Square's been confirming it every few months, and they're putting the DQ Collection on Wii as sort of a hype preparation, so unless they're moving it to Wii U instead, I'd say they're still Wiibound
I mean Nintendo loooves having DQ on their systems these days. Reggie certainly enjoyed the hell out of DQIX with his +200 hour save file!
stocks are a unit of ownership in a company, when you buy stock in a company you own a (usually very small, unless you're buying a huge amount of stock which youd basically need to be very rich to do) part of it
the price of a stock is determined, at a basic level, by how well the company is doing financially/how well they are expected to do in the future
the goal of the stock market is to buy low and sell high, so you want to buy stocks that you think have the most potential to go up
for example a company like say apple or google already is doing really well, so even if you expect them to go up it probably wouldnt be by much compared to what you'd have to spend to buy. like if a stock goes from $100 to $105 yeah you made money but very little. what you'd rather have is a stock that went from like $5 to $105
the risk is that just because a stock is low now doesn't mean it will ever go up, and could end up going even lower. or, if it does go up, you need to figure out the right time to sell. if a stock keeps going up you'll be tempted to stick with it, but if you wait too long it could start to drop. maybe not below what you paid to buy it, but you lose out on money you coulda had if you sold earlier. by the same token, you might sell too early and it keeps goin up and you miss out on money that way.
From the shareholder's side, that's basically what stocks are: a unit of ownership that can be bought and sold at fluctuating prices, usually with the intent to make money by buying and selling smartly.
From the company's perspective, stock is a way to raise capital.
I know the basics and the book definitions and stuff, but I'm clueless about the pragmatic: the real world of stock ownership. I have no idea which brokerage firms are trustworthy and affordable, and I have no idea how to purchase anything on any Japanese index (or hell, an American index).
-- Yoblazer: http://i43.tinypic.com/25z1non.jpg Watch and you'll see... someday I'll be... part of your world!
Yeah that isn't true. How do you explain 401ks and low-risk mutual funds? Or by "making money," did you mean "people who start with nothing and end with millions"? If so, then yeah that's more accurate, but I think the average person knows that that's fantastically rare anyway.
-- Yoblazer: http://i32.tinypic.com/zlf1w7.gif Watch and you'll see... someday I'll be... part of your world!
The stock market is a scam and investors are all suckers. Don't buy. The only people who actually make money are those involved in inside trading.
the hell.
anyway, I kind of understand your faith blazer to an extent. I'd have more faith in the 3DS rebounding if the Vita wasn't on the way, and didn't look so impressive for such a reasonable price. So personally, I wouldn't, but HEY IT'S UP TO YOU BRO
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omg did u red text from last night dats so me LMAO : ) im not a slut i jus liek 2 haev fun LOL : )
401ks aren't really a stock plan so much as a retirement plan. yes you can play around with it for stocks, but you can do the same for a couple insurance policies too, and it all comes down to the same issue. the only advantage to a 401k and stocks is that the money in it is tax-free to begin with, which may also lower your tax dues, and if you play it even mediocrely to break even, you should come out with a profit. just remember that any money you play with as cash will come out to a taxable value.
didn't know Nintendo was viable in the US though. will make for another good one to watch. <__<; (ps - it already went up almost 2 and a half percent from the drop).
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The future must protect the clone's past. "Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.