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Author
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Topic: Who plays the stock market?
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FRC_Kid
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Member # 8940
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posted
 
 
I'm at work bored again and got the thinking about the stock market. I'm only involved through my employee program at work and am given company stock. Question is how many of you here invest in the market? Do you use one of those online brokers? If not how do you go about trading? Any rags to riches stories? What's the typical start up cash needed? What's some solid ones?
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Pretend Racecar Driver- C5 FRC
Ford, GM, & Dodge is what I'm all about
Posts: 2578 | From: All over the Peninsula | Registered: Feb 2009
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venomous99
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Member # 1917
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posted
quote:
Originally posted by cali95gt:
I'm at work bored again and got the thinking about the stock market. I'm only involved through my employee program at work and am given company stock. Question is how many of you here invest in the market? Do you use one of those online brokers? If not how do you go about trading? Any rags to riches stories? What's the typical start up cash needed? What's some solid ones?
hmm..there is a guy on cnbc named cramer..follow his stock picks and you'll be guaranteed a return. ![[Razz]](tongue.gif)
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MKII Q7
89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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SLOWBACK 67
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Member # 6348
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Damn I just posted this in Luke's thread about who to use for buying ind stocks.
So who do you guys use?
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Originally posted by turbo50:
I have no intenions of keeping anyones parts or taking anyones money.
Posts: 8582 | From: Vallejo | Registered: Dec 2005
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nitrous_bob
CAFords OG
Member # 77
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posted
i mess around with my 457 and 401a
i max trade mutual funds in a market like we've had for the last 4 years
when it dumps...i get back into VPAOX (vantagepoint aggresssive opportunities)
when it gets back to normal, i get out and into the the vantagepoint "trust" fund , its a guaranteed 3% fund
10 "round trips" per year and no more than 3 every 90 days or they "warn" you .....LOL
when the DOW got to 12600 i got back in...lost a few thousand so far...but expecting about a 5% return this month
i like 10 dollar aggressive stocks/funds if you can gain a nickel in 3 days...you did well
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5.0 OG since 1990
Posts: 1402 | From: st clair shores MI | Registered: Nov 2000
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1SLOWLX
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Member # 558
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I used to trade a lot and used bofa myerrl lynch.
Some things to think about is you need a good amount of capital to make good money. I use to have a good amount of liquid cash in there and also had a margin account. My biggest loss was when the bp had the oil spill lost 10k in two days ![[Frown]](frown.gif) .
Posts: 5231 | From: bay area | Registered: Nov 2001
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cees87drop
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Member # 4066
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posted
I am big into gambling and played with the stock market for about 3-4 months only because it became to stressful. If you follow it daily and hourly it becomes too much.
I will say i had solid plan but once i was down so much money i bailed from the plan once i broke even. The main stock that saved me was Ford.
Doesnt answer any of your questions but i thought i would share. I used zecco.com... it was completely free if you had over $5000 in the account but i think they raises it to $20k now.
Posts: 855 | From: san jose | Registered: Jan 2004
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