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07-08-2012, 01:56 AM #1
Any of you guys invest money or buy/sell stocks on the side?
Let me start off by saying hi. Ever since I sold the bird I havent been an active user here as things have changed. Im looking into buying some comodities and a few shares of cheap stock just to get the hang of investing my own personal $. Which websites do you guys go to invest your $ and look at your stock every morning/night?
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07-08-2012, 02:49 AM #2
- Join Date
- Dec 2005
- Location
- NC
- Posts
- 163
- 4 cyl colorado
I have had a couple retirement accounts and a trading account with Scottrade for several years. In addition to Scottrade, I use yahoo and the individual company websites for most of my research. I've tried a couple of the paid stock research/picker subscription but didn't really find them worth the money.
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07-08-2012, 08:10 AM #3
- Join Date
- May 2011
- Location
- Farmingdale, NY
- Posts
- 80
Black- 1998 Pontiac Trans Am WS6
I likewise use scottrade, great informative site, my only issue is they dont have an automatic dividend reinvestment program, which is why I am starting to look elsewhere. Your dividebd gains get credited to your account and they you have to go buy more stocks with it....Im a sit and let it ride invester so maybe not the best site for me. I also use vanguard for mutual funds good site and the funds typically have no expenses.
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07-08-2012, 03:17 PM #4
- Join Date
- Feb 2008
- Location
- '00 Kawasaki ZX9r - 41k miles
- Posts
- 145
'05 Harley - 21k m- '98 Z28 black - 69k mi
Umm, you said commodities...ya don't get very long to "sit and wait" with commodities. Those are 12 month contracts
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07-08-2012, 08:03 PM #5
I do a 401k and a Roth. I prefer leaving it sit so I don't fk it up.
Saving whatever else I have to invest in real estate down the road.
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07-08-2012, 08:14 PM #6
- Join Date
- Oct 2006
- Location
- Darien / Chicago subs, Washington D.C.
- Age
- 42
- Posts
- 28
Black - Silver- 00' Camaro SS - 09' G8 GT
Subscribe to "Money" magazine. They have everything from retirement accounts to stock picks. Plus it isn't a bad read. The main thing is to diversify. Aka don't stick all your eggs in one basket.
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07-09-2012, 08:35 PM #7
I have a couple thousand I've been playing with. I bought and sold Blockbuster back when it was a real roller coaster and before it exploded. Now, I have Alcoa stock. I should have been selling/buying more often. I'm a few hundred down on my Alcoa stock at the moment, no biggie though... it'll come back up.
The market seems real crappy right now. More bad days then good. I recommend getting Sharebuilder app (or whichever) and just start watching certain stocks that you hear often about. Do a few months of watching before you decide to play. I watch probably 15 stocks everyday, but only have money in one of them.
Only put in what you can stomach to lose, because your going to lose some. Be prepared, do your homework and set realistic goals. Greed will kill ya!
Good luck ( this part matters also )
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