financial discussion topic?

Topic List	Page List: 1, 2
red sox 777 05/27/12 5:38:00 PM #51:	Yikes. Actually, are you talking about single deck games or six/eight deck games? Single deck is basically always 6-5 in Vegas, but casinos usually have both 3-2 and 6-5 or only 3-2 for six deck. -- Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link. <cite>red sox 777 posted [p:1171629] in Anyone int... [t:62863997]...</cite> <quote> Yikes. Actually, are you talking about single deck games or six/eight deck games? Single deck is basically always 6-5 in Vegas, but casinos usually have both 3-2 and 6-5 or only 3-2 for six deck. -- Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pickyour 7 time champion, Link. </quote> ... Copied to Clipboard!
SmartMuffin 05/27/12 6:46:00 PM #52:	I honestly never paid attention to the amount of decks. It's not particularly relevant unless you think you can count cards, and 99.99% of people can't. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:1171630] in Anyone int... [t:62863997]...</cite> <quote> I honestly never paid attention to the amount of decks.It's not particularly relevant unless you think you can count cards, and 99.99% of people can't. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
Ness26 05/27/12 7:54:00 PM #53:	I'm working my first "real" job this summer so I'll have some money to invest in stocks. Right now my only investments are in Lending Club. They're doing fine, and I think I'll put some more money into there, but I also plan to start picking up some stocks. Dunno what exactly to go for. I was thinking Index Funds, Amazon, and Intel to start with. -- No amount of planning will ever replace dumb luck. <cite>Ness26 posted [p:1171631] in Anyone int... [t:62863997]...</cite> <quote> I'm working my first "real" job this summer so I'll have some money to invest in stocks. Right now my only investments are in Lending Club. They're doing fine, and I think I'll put some more money into there, but I also plan to start picking up some stocks.Dunno what exactly to go for. I was thinking Index Funds, Amazon, and Intel to start with. -- No amount of planning will ever replace dumb luck. </quote> ... Copied to Clipboard!
GunMage 05/28/12 5:34:00 AM #54:	From: Swifticuffs \| #045 i dont like gambling with money so i try to stay away from this. its more educated gambling but still. i need more money. if i get to a comfortable sum of money one day, i'll do some educated gambling lol It depends on how you approach it, Swift. There are many different ways to invest. Someone who sticks $1000 in a dependable stock like Coke and re-invests divendends is the farthest thing from being a gambler. That money is probably safer there than sitting in a bank making pennies while inflation erodes its buying power. From: Ness26 \| #053 I'm working my first "real" job this summer so I'll have some money to invest in stocks. Right now my only investments are in Lending Club. They're doing fine, and I think I'll put some more money into there, but I also plan to start picking up some stocks. Dunno what exactly to go for. I was thinking Index Funds, Amazon, and Intel to start with. Since you're getting work income, have you considered a Roth IRA? All gains are tax-free once you hit retirement age (or other certain conditions). I'm not sure I would consider Amazon a good stock for a new investor. I recommend looking to solid dividend growth stocks: KO, JNJ, MCD, etc. While not as explosive as an Apple or Amazon, these stocks are like clockwork. You won't need to check on them often, since the swings are not nearly as wild, and the dividends can be counted on. Re-invest them, and let the magic of compounding do its work. -- Black Turtle power! <cite>GunMage posted [p:1171632] in Anyone int... [t:62863997]...</cite> <quote> <quote><cite>From: Swifticuffs \| #045</cite>i dont like gambling with money so i try to stay away from this. its more educated gambling but still. i need more money. if i get to a comfortable sum of money one day, i'll do some educated gambling lol</quote>It depends on how you approach it, Swift. There are many different ways to invest. Someone who sticks $1000 in a dependable stock like Coke and re-invests divendends is the farthest thing from being a gambler. That money is probably safer there than sitting in a bank making pennies while inflation erodes its buying power.<quote><cite>From: Ness26 \| #053</cite>I'm working my first "real" job this summer so I'll have some money to invest in stocks. Right now my only investments are in Lending Club. They're doing fine, and I think I'll put some more money into there, but I also plan to start picking up some stocks.Dunno what exactly to go for. I was thinking Index Funds, Amazon, and Intel to start with.</quote>Since you're getting work income, have you considered a Roth IRA? All gains are tax-free once you hit retirement age (or other certain conditions). I'm not sure I would consider Amazon a good stock for a new investor. I recommend looking to solid dividend growth stocks: KO, JNJ, MCD, etc. While not as explosive as an Apple or Amazon, these stocks are like clockwork. You won't need to check on them often, since the swings are not nearly as wild, and the dividends can be counted on. Re-invest them, and let the magic of compounding do its work. -- Black Turtle power! </quote> ... Copied to Clipboard!
Ness26 05/28/12 6:10:00 AM #55:	My employer has a 401(k) that'll I'll be throwing as much money in that they'll match. And I got the impression that it was okay to go with the riskier investments the younger you are since if bad things happen it isn't a huge deal. I guess experience is also another important part though. Thanks for the tips. -- No amount of planning will ever replace dumb luck. <cite>Ness26 posted [p:1171633] in Anyone int... [t:62863997]...</cite> <quote> My employer has a 401(k) that'll I'll be throwing as much money in that they'll match.And I got the impression that it was okay to go with the riskier investments the younger you are since if bad things happen it isn't a huge deal. I guess experience is also another important part though.Thanks for the tips. -- No amount of planning will ever replace dumb luck. </quote> ... Copied to Clipboard!
SmartMuffin 05/28/12 10:33:00 AM #56:	Both of those things are right, it's just about what type of risk. A young investor should go high risk in terms of asset classes. In other words, if you're in your 20s and you are only investing money that you do not plan on needing within the next 5 years, you can really go 100% stocks and not even bother messing around with bonds or treasuries or whatever. Experience comes into play when deciding whether to index or try and pick. I'd suggest you just go with index funds until you build up experience. Also, plan on having your first five or so stock picks fail miserably. That's what happened to me at least! -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:1171634] in Anyone int... [t:62863997]...</cite> <quote> Both of those things are right, it's just about what type of risk.A young investor should go high risk in terms of asset classes. In other words, if you're in your 20s and you are only investing money that you do not plan on needing within the next 5 years, you can really go 100% stocks and not even bother messing around with bonds or treasuries or whatever.Experience comes into play when deciding whether to index or try and pick. I'd suggest you just go with index funds until you build up experience. Also, plan on having your first five or so stock picks fail miserably. That's what happened to me at least! -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
GunMage 05/29/12 5:01:00 PM #57:	Grabbed a handful of Facebook puts today. So far so good... -- All hail JONALEON1, the Last User Standing! <cite>GunMage posted [p:1171635] in Anyone int... [t:62863997]...</cite> <quote> Grabbed a handful of Facebook puts today. So far so good... -- All hail JONALEON1, the Last User Standing! </quote> ... Copied to Clipboard!
GunMage 05/30/12 4:41:00 PM #58:	SmartMuffin is right, Ness. In general, the younger you are, the bigger the portion of your portfolio that should be in stocks. Stocks can be further broken up into different categories, such as growth or value, and small-, mid-, and large-cap. Asset allocation by itself is a huge topic that can be better explained at financial advice sites. The gist is that if you have all your bases covered, your portfolio will do well, no matter which sector of the market is hot at any given time. Amazon may turn out to be a good investment, but in my opinion, you don't want to throw a big portion of your portfolio into it because it is a high risk, high volatility stock. If a big downturn happens, a name like Amazon is going down in a big way. Had something similar happen to me four years ago, and that was not fun. Granted, if something like four years ago happens, just about everything will get dragged down, but momentum stocks will get clobbered while blue chip dividend names will usually have much shallower dips because a lot of people want to get into those stocks when they're that low and touting a relatively high yield. Having one or more of these is a good foundation to start building a new portfolio. -- All hail JONALEON1, the Last User Standing! <cite>GunMage posted [p:1171636] in Anyone int... [t:62863997]...</cite> <quote> SmartMuffin is right, Ness.In general, the younger you are, the bigger the portion of your portfolio that should be in stocks. Stocks can be further broken up into different categories, such as growth or value, and small-, mid-, and large-cap. Asset allocation by itself is a huge topic that can be better explained at financial advice sites. The gist is that if you have all your bases covered, your portfolio will do well, no matter which sector of the market is hot at any given time.Amazon may turn out to be a good investment, but in my opinion, you don't want to throw a big portion of your portfolio into it because it is a high risk, high volatility stock. If a big downturn happens, a name like Amazon is going down in a big way. Had something similar happen to me four years ago, and that was not fun. Granted, if something like four years ago happens, just about everything will get dragged down, but momentum stocks will get clobbered while blue chip dividend names will usually have much shallower dips because a lot of people want to get into those stocks when they're that low and touting a relatively high yield. Having one or more of these is a good foundation to start building a new portfolio. -- All hail JONALEON1, the Last User Standing! </quote> ... Copied to Clipboard!
Kinglicious 05/30/12 5:02:00 PM #59:	Intel is fairly steady of a tech stock but may be out of your initial range. Sony is quite low lately, and nvidia can be expected to be higher too. Neither is out of your range early on. You can gamble on some volitle ones like amd or jdsu, but do be aware it's a gamble that may be better in the long run, but will vary, a lot, in the short term. Then you have penny stocks. The full on gamblers market. -- The King Wang. Listen up Urinal Cake. I already have something that tells me if I'm too drunk when I pee on it: My friends. - Colbert. <cite>Kinglicious posted [p:1171637] in Anyone int... [t:62863997]...</cite> <quote> Intel is fairly steady of a tech stock but may be out of your initial range. Sony is quite low lately, and nvidia can be expected to be higher too. Neither is out of your range early on. You can gamble on some volitle ones like amd or jdsu, but do be aware it's a gamble that may be better in the long run, but will vary, a lot, in the short term. Then you have penny stocks. The full on gamblers market. -- The King Wang.Listen up Urinal Cake. I already have something that tells me if I'm too drunk when I pee on it: My friends. - Colbert. </quote> ... Copied to Clipboard!
GunMage 05/30/12 5:06:00 PM #60:	Currently looking at Nokia (NOK), which could be an interesting play. It's gotten to the point where the downside risk is small enough to give this a speculative shot. Thinking a buy-write is the way to go here, using the JAN 04 5.00 calls, to really minimize the cost basis. If it gets liquidated, it won't be a big loss. If it happens to take off or get bought out, I won't be too broken up over getting called away for what would be about a 100% gain... -- Black Turtle power! <cite>GunMage posted [p:1171638] in Anyone int... [t:62863997]...</cite> <quote> Currently looking at Nokia (NOK), which could be an interesting play. It's gotten to the point where the downside risk is small enough to give this a speculative shot. Thinking a buy-write is the way to go here, using the JAN 04 5.00 calls, to really minimize the cost basis. If it gets liquidated, it won't be a big loss. If it happens to take off or get bought out, I won't be too broken up over getting called away for what would be about a 100% gain... -- Black Turtle power! </quote> ... Copied to Clipboard!
SmartMuffin 05/31/12 9:59:00 PM #61:	anti-purge -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:1171639] in Anyone int... [t:62863997]...</cite> <quote> anti-purge -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
swirIdude 05/31/12 11:35:00 PM #62:	I like to look at stocks and then wish I had the money to make an investment in them. -- "The people who play Final Fantasy 7 actually have lives and dont NEED polls" ~MajinUltima SuperNiceDog: Bracket: Good, Taste: Bad <cite>swirIdude posted [p:1171640] in Anyone int... [t:62863997]...</cite> <quote> I like to look at stocks and then wish I had the money to make an investment in them. -- "The people who play Final Fantasy 7 actually have lives and dont NEED polls" ~MajinUltimaSuperNiceDog: Bracket: Good, Taste: Bad </quote> ... Copied to Clipboard!
GunMage 06/01/12 5:08:00 PM #63:	Yeah, this might be a good time to get out of any shaky positions. Resist the urge to panic, wait for the inevitable bounce, and sell into the rally. This market looks like it's about to keel over. Build cash and hold off on trying to start anything new. This is the time to be patient and wait for attractive entry points. If you're bold enough, you may even think about going short while you wait. I closed those Facebook puts I had to offset my losers. A 50% gain in less than a week is good enough for me, and I can have another bite whenever it rallies. Groupon got annihilated today as its lockup period expired, which meant a bunch of people bailed while there was still some value. Watch for Facebook to react the same way... One group I'm looking at for bottom fishing is in steel makers. Most of the stocks are at multi-year lows and should give fantastic returns once the global economy gets going again, which may not be for a year or more, but it pays to be patient. Doesn't hurt that most also have fairly good yields. ArcelorMittal (MT), US Steel (X), AK Steel (AKS), and Nucor (NUE) are on my watchlist. -- Black Turtle power! <cite>GunMage posted [p:1171641] in Anyone int... [t:62863997]...</cite> <quote> Yeah, this might be a good time to get out of any shaky positions. Resist the urge to panic, wait for the inevitable bounce, and sell into the rally. This market looks like it's about to keel over. Build cash and hold off on trying to start anything new. This is the time to be patient and wait for attractive entry points. If you're bold enough, you may even think about going short while you wait.I closed those Facebook puts I had to offset my losers. A 50% gain in less than a week is good enough for me, and I can have another bite whenever it rallies. Groupon got annihilated today as its lockup period expired, which meant a bunch of people bailed while there was still some value. Watch for Facebook to react the same way...One group I'm looking at for bottom fishing is in steel makers. Most of the stocks are at multi-year lows and should give fantastic returns once the global economy gets going again, which may not be for a year or more, but it pays to be patient. Doesn't hurt that most also have fairly good yields. ArcelorMittal (MT), US Steel (X), AK Steel (AKS), and Nucor (NUE) are on my watchlist. -- Black Turtle power! </quote> ... Copied to Clipboard!
SmartMuffin 06/01/12 5:43:00 PM #64:	That's one thought. Another is BACK UP THE TRUCK FOR GOLD AND SILVER BECAUSE BERNANKE IS COMING TO THE RESCUE OF THIS DEAD CAT -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:1171642] in Anyone int... [t:62863997]...</cite> <quote> That's one thought.Another is BACK UP THE TRUCK FOR GOLD AND SILVER BECAUSE BERNANKE IS COMING TO THE RESCUE OF THIS DEAD CAT -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
red sox 777 06/03/12 12:15:00 PM #65:	Bernanke coming to the rescue of the entire market. Is there an asset class QE is bearish for? -- Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link. <cite>red sox 777 posted [p:1171643] in Anyone int... [t:62863997]...</cite> <quote> Bernanke coming to the rescue of the entire market. Is there an asset class QE is bearish for? -- Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pickyour 7 time champion, Link. </quote> ... Copied to Clipboard!
a dead cat 06/04/12 12:21:00 PM #66:	SmartMuffin posted... That's one thought. Another is BACK UP THE TRUCK FOR GOLD AND SILVER BECAUSE BERNANKE IS COMING TO THE RESCUE OF THIS DEAD CAT Rescue woo woo! <cite>a dead cat posted [p:1171644] in Anyone int... [t:62863997]...</cite> <quote> <cite>SmartMuffin posted...</cite><quote>That's one thought.Another is BACK UP THE TRUCK FOR GOLD AND SILVER BECAUSE BERNANKE IS COMING TO THE RESCUE OF THIS DEAD CAT</quote>Rescue woo woo! </quote> ... Copied to Clipboard!
SmartMuffin 06/04/12 1:25:00 PM #67:	Just closed out my position in IQNT for a loss of about $200. Going to use the money to either add more to my BP or MSFT, considering picking up some MCD as well... -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:1171645] in Anyone int... [t:62863997]...</cite> <quote> Just closed out my position in IQNT for a loss of about $200. Going to use the money to either add more to my BP or MSFT, considering picking up some MCD as well... -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
GunMage 06/05/12 5:10:00 PM #68:	Laughing at Failbook never gets old... -- All hail JONALEON1, the Last User Standing! <cite>GunMage posted [p:1171646] in Anyone int... [t:62863997]...</cite> <quote> Laughing at Failbook never gets old... -- All hail JONALEON1, the Last User Standing! </quote> ... Copied to Clipboard!
red sox 777 06/06/12 8:11:00 AM #69:	MGM has posted a couple of excellent days- up 10%. -- Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link. <cite>red sox 777 posted [p:1171647] in Anyone int... [t:62863997]...</cite> <quote> MGM has posted a couple of excellent days- up 10%. -- Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pickyour 7 time champion, Link. </quote> ... Copied to Clipboard!
GunMage 06/07/12 5:08:00 PM #70:	Big sell-off wipes out most gains at the end of today. Looks like people aren't believing this rally... -- Black Turtle power! <cite>GunMage posted [p:1171648] in Anyone int... [t:62863997]...</cite> <quote> Big sell-off wipes out most gains at the end of today. Looks like people aren't believing this rally... -- Black Turtle power! </quote> ... Copied to Clipboard!
Topic List	Page List: 1, 2

Board 8 > Anyone interested in a stock/financial discussion topic? (+) Yeah! (+)

Board 8 > Anyone interested in a stock/financial discussion topic?