|
Author
|
Topic: Investing?
|
MikeD.
¯
Member # 8060
|
posted
 
 
Just seeing if anyone here does any kind of investing? I was looking into it, but I dont know how things work, and I know with times like these, I am unsure its even the best idea. I don't have much money to invest, about 2gs, which will probably get laughs being its such a small amount. But I was hoping theres someone on here that may be able to put in the right direction. Hopefully before I blow this extra cash on parts lol. Thanks!
--------------------
1999 FRC Vette
12.77 @ 110
Posts: 2854 | From: Vacaville Ca, 707 | Registered: Nov 2007
| :
|
|
hilltim54
¯
Member # 10655
|
posted
Im gonna try and buy about 5gs of stock in facebook nxt year ![[patriot]](graemlins/patriot.gif)
--------------------
Just bcuz you lived a long life dont mean it cant come to a short end old ass nigga.
Thugnificent
Posts: 1971 | From: Oregon | Registered: Feb 2011
| :
|
|
90GT510
¯
Member # 9199
|
posted
+1 would like to hear some tips and guidance from someone who actually has successfully invested
Posts: 1725 | From: East Bay/Dallas, TX | Registered: May 2009
| :
|
|
70mach351
¯
Member # 7528
|
posted
start a 401k if you dont have one, or a roth ira
--------------------
70 Mach 1 gettin a make over
2001 Ford F250 Crew Cab 7.3
Posts: 1762 | From: EDH | Registered: Mar 2007
| :
|
|
MikeD.
¯
Member # 8060
|
posted
Already have a 401K!
--------------------
1999 FRC Vette
12.77 @ 110
Posts: 2854 | From: Vacaville Ca, 707 | Registered: Nov 2007
| :
|
|
NCALSVT
¯
Member # 3205
|
posted
I would invest in AED,I'll give them all my money in a heartbeat
Posts: 2162 | From: NOR CAL | Registered: Aug 2003
| :
|
|
MikeD.
¯
Member # 8060
|
posted
quote:
Originally posted by NCALSVT:
I would invest in AED,I'll give them all my money in a heartbeat
I actaully own 2% of the company.
--------------------
1999 FRC Vette
12.77 @ 110
Posts: 2854 | From: Vacaville Ca, 707 | Registered: Nov 2007
| :
|
|
NCALSVT
¯
Member # 3205
|
posted
quote:
Originally posted by MikeD.:
quote:
Originally posted by NCALSVT:
I would invest in AED,I'll give them all my money in a heartbeat
I actaully own 2% of the company.
What can I do to get in one that
Posts: 2162 | From: NOR CAL | Registered: Aug 2003
| :
|
|
SHOalex
¯
Member # 7720
|
posted
quote:
Originally posted by MikeD.:
quote:
Originally posted by NCALSVT:
I would invest in AED,I'll give them all my money in a heartbeat
I actaully own 2% of the company.
I own an AED shirt and sticker and AED baby onesie my baby wears
--------------------
BAM! POW! Right in the kisser.
Posts: 1448 | From: Oakland | Registered: Jun 2007
| :
|
|
NCALSVT
¯
Member # 3205
|
posted
quote:
Originally posted by SHOalex:
quote:
Originally posted by MikeD.:
quote:
Originally posted by NCALSVT:
I would invest in AED,I'll give them all my money in a heartbeat
I actaully own 2% of the company.
I own an AED shirt and sticker and AED baby onesie my baby wears
Ponga sea a trabajar
Posts: 2162 | From: NOR CAL | Registered: Aug 2003
| :
|
|
Gnari-Garage
CAFords OG
Member # 3164
|
posted
quote:
Originally posted by MikeD.:
Just seeing if anyone here does any kind of investing? I was looking into it, but I dont know how things work, and I know with times like these, I am unsure its even the best idea. I don't have much money to invest, about 2gs, which will probably get laughs being its such a small amount. But I was hoping theres someone on here that may be able to put in the right direction. Hopefully before I blow this extra cash on parts lol. Thanks!
Mike,
Stock market is the place to be, I started about 6 month ago and man it has been amazing. Yes the market is kind of scary but overall I'm happy with my portfolio and the profit I have make.
2K is a great start to buy stocks, but your first lesson is to diversify your portfolio (basically don't put all your money in one company). This way if one stock goes down, you have others to even the loss.
Here are some good stock (these are some stocks that I own, please do your own research on them)
EW - little expansive but they have a product at the FDA, when it gets approved, it will go through the roof
NVE - Nevada Energy
CVS -
F - FORD :-)
Good luck and Pm me if you need help setting up an account and getting started.
--------------------
2017 McLaren 570GT
2019 Audi S5
2017 Tundra 7" Lift, 37" Tires
Posts: 4017 | From: 916-sacramento | Registered: Aug 2003
| :
|
|
|
|
Gnari-Garage
CAFords OG
Member # 3164
|
posted
quote:
Originally posted by hilltim54:
Im gonna try and buy about 5gs of stock in facebook nxt year
Big mistake, First facebook is not going to do much more, its like buying Dell or Microsoft. Second if you have 5K to invest you need to diversify your funds, that way if one stock goes down, than you have other stock to make profit or recover the loss.
Good luck
--------------------
2017 McLaren 570GT
2019 Audi S5
2017 Tundra 7" Lift, 37" Tires
Posts: 4017 | From: 916-sacramento | Registered: Aug 2003
| :
|
|
1996 GT
I'm Joe Yates
Member # 4992
|
posted
Call up a financial advisor, spend like 30 minutes listening to their pitch and see if they have some good ideas about investment strategies. There are a bunch of places out there, Edward Jones, Schwab, Merril Lynch, JP Morgan.
--------------------
http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
| :
|
|
venomous99
¯
Member # 1917
|
posted
my suggestion is to "invest" that 2g's in a cafords quality foxbody. ![[Razz]](tongue.gif)
Posts: 4811 | From: dc | Registered: Oct 2002
| :
|
|
hilltim54
¯
Member # 10655
|
posted
quote:
Originally posted by NavidR:
quote:
Originally posted by hilltim54:
Im gonna try and buy about 5gs of stock in facebook nxt year
Big mistake, First facebook is not going to do much more, its like buying Dell or Microsoft. Second if you have 5K to invest you need to diversify your funds, that way if one stock goes down, than you have other stock to make profit or recover the loss.
Good luck
lol I was just kidding about investing that much in one place.. But Im in the same boat I need to know how to get started.. How do I start a portfolio??
Posts: 1971 | From: Oregon | Registered: Feb 2011
| :
|
|
SydeWaySix
CAFords OG
Member # 3596
|
posted
I'd definitely get some stock if you're looking to invest. I'm not really into the stock market, nor do I follow it, but I do have stocks for the company I work at. I only put a very small percentage of my check into buying stocks, but my money has almost doubled in about a year...
--------------------
2013 Boss 302 #356. Performance White. Stock.
1965 Fastback GT Restored to stock spec.
Posts: 9882 | From: Bay Area | Registered: Dec 2002
| :
|
|
Rigo5.0
¯
Member # 5247
|
posted
Do some research. A lot of good articles below...
http://www.investopedia.com/
--------------------
91 5.0 [331|T56]
87 Grand National
02 Z06
08 Challenger SRT8
13 Shelby GT500
00 Lightning
14 Camaro SS
Posts: 1454 | From: Kansas City | Registered: Jan 2005
| :
|
|
stangin'
¯
Member # 514
|
posted
you can start learning here: http://www.wallstreetsurvivor.com/
it's play money, but it's setup almost like the real deal once you do actual stock trading. there's lots of tips and info that you can read for days. learn the terminologies and keep up with current news/trends. see how you do with play money before jumping in.
i use scottrade.com b/c it's cheap to buy/sell and it's geared more towards the average stock trader. for what it's worth, since the japan disaster happened, my portfolio took a slight dip.
number one rule to remember, buy low sell high ![[Wink]](wink.gif) . lol. it's never that easy, but it's fun and challenging.
Posts: 2993 | From: Bay Area | Registered: Oct 2001
| :
|
|
nasty93
¯
Member # 8935
|
posted
invest in some grow lights..
Posts: 464 | From: windsor ,ca | Registered: Feb 2009
| :
|
|
Gnari-Garage
CAFords OG
Member # 3164
|
posted
to buy a stock it cost from 5-8 dollars. To sell that stock it cost 5-8 dollars. So you already lost 10-16 dollars on that stock.
I would call Wellsfargo (or even your own bank) and see what kind of deal they will give you. Wells fargo has a deal that if you have 20K in their bank, you can buy and sell 100 shares for free! Also if you have a home loan with them they count 25% of the loan towards that 20K. Its great being able to buy and sell stocks for free!
--------------------
2017 McLaren 570GT
2019 Audi S5
2017 Tundra 7" Lift, 37" Tires
Posts: 4017 | From: 916-sacramento | Registered: Aug 2003
| :
|
|
Camara90
1%
Member # 134
|
posted
I am not a pro, but from what I see from friends who are involved is it is very very time consuming. They play with a lot more than 2k, but the amount of money earned vs times spent had me scratching my head a little bit. I think if they invested that time into their jobs they could make even more from Overtime etc. One other good place to check out is our company stock plan Mike. You can buy at 15% below the lowest price for the quarter and sell whenever. You are fully vested right away. Yes you will pay tax penalties but for the most part it is guaranteed free money you are paying taxes on. I know an employee that has been doing this for 5 years, and only lost money once.
[ April 13, 2011, 12:15 PM: Message edited by: Camara90 ]
--------------------
92GT,stock short block,9:1 TFS 170's,perf rpm,custom cam,1 5/8 shorties,C4 trans.
std. 356hp, 350tq
11.85@111.9mph on motor.
Posts: 2351 | From: 707 | Registered: Jan 2001
| :
|
|
Beastly GT500 TVS
¯
Member # 9723
|
posted
Take a class on how to invest. Asking on a car website is already a bad start.
--------------------
91/E85 tune by SHAUN AT AED
700HP/700TQ ON E85
10.78@129MPH 1.644 60FT
WWW.AEDHP.COM
Posts: 893 | From: 707 | Registered: Jan 2010
| :
|
|
essasin
¯
Member # 4741
|
posted
I would just stick it into a mutual funds unless you want to gamble and research. Some people just enjoy it. Realistically for pocket money and fun 2k is enough but if you want a secondary source of income you'd need more like 20k to start.
Posts: 2402 | Registered: Jul 2004
| :
|
|
venomous99
¯
Member # 1917
|
posted
if u have no clue as to what you're doing w/ the stock market which can be extremely volatile i suggest u put the money into an ira for your retirement. the risk can be managed quite easily since you're investing on a fund that contains several different types of stock w/ various risk levels and you're sure to make money on your investment over time.
playing with 2k in the stock market w/out knowing what you're doing is a recipe for disaster. if you are passionate about learning and diong the research u can make some good money trading but is this really what you're interested in?
--------------------
MKII Q7
89LX
Posts: 4811 | From: dc | Registered: Oct 2002
| :
|
|
Email this post to someone!
Printer friendly view of this Ford topic
![[worship]](graemlins/worship.gif)
