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Investing money in stocks

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penguin_steeze
Posts: 2311 - Karma: 241
So I'm a lazy 17 year old and need some money. So i'm going to invest it in stocks. And before you say "get a job", no I'm in school and can't get a job. Besides you actually have to work at a job. Yes I know nothing about stocks, but my father said he would do the dirty business if I gave him the money.

So NSG, naturally I am going to put my faith and future wealth in your hands. You must make me money. I have $1000. What stock do I invest in and how many shares?

inb4 get a job you lazy fucker
Oct 23 2011 10:56PM
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IanAvery-Leaf
Posts: 9931 - Karma: 9,399
Apple
Oct 23 2011 10:58PM
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SPskier543
Posts: 2413 - Karma: 324
Gold, at least it was the market to invest in
Oct 23 2011 11:00PM
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Mr.Turtle
Posts: 3690 - Karma: 96
CERN and RL have been killing it for me, AAPL is a safe bet, the gold SPDR GLD is an easy way to get into gold but personally i'd invest in gold mining stocks as they haven't been rising nearly as fast an have more room to catch up
Oct 23 2011 11:04PM
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Bro.J.
Posts: 184 - Karma: 13
Penny stocks. Lots of them.
Oct 23 2011 11:09PM
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TOAST.
Posts: 7474 - Karma: 35,953
silver
Oct 23 2011 11:22PM
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poptarts4life
Posts: 376 - Karma: 12
Alot of the public think netflix is out. It may never go up as much as it was but it is undervalued and the market will correct itself. It's worth much more 117 a share. I also think apple is worth looking into. That's my two cents. Or just wait for a disaster aka bp oil spill(anyone who thought they were going under didn't know squat about the company and because of this the stock was super cheap).
Oct 23 2011 11:25PM
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ShreddAZ
Posts: 2548 - Karma: 41
People who say apple are stupid as shit...apple was just at its all time high! So right there it's never good to buy high, especially if you only have 1000 bucks! That gets him 2 shares! So say even in apple goes up 20 bucks in 2 monthes, you make $40 in 2 monthes what you could make in 2 hours! The big name companies are not going to make you rich fast! You have to have millions of dollars in apple to make any substantial profit
Oct 23 2011 11:30PM
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lands11
Posts: 1818 - Karma: 1,677
Was thinking the same thing
Oct 23 2011 11:32PM
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562056961108
Posts: 0 - Karma: 575

With macro-economic uncertainty at a high, Europe debt and austerity measures driving down global demand, a weakening ammunition store for the Federal Reserve, and gloomy economic outlook for the next two years... your best bets are firms who have a low beta (look it up on investopedia) who have STABLE cash flows, especially in economic downturns, who (MOST IMPORTANTLY) pay a dividend. Dividends are cash payments to the shareholder, in excess of the return that the stock actually makes in the market (which is called a capital gain)

add the two returns together and you get total return. I would suggest looking at stocks like McDonalds, BB&T bank, ExxonMobil, Aflac, Automatic Data Processing, REIT's that invest in student housing, some gold for downside protection, and Quallcomm.

Happy hunting!

Oct 23 2011 11:41PM
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Darth.Maul
Posts: 2472 - Karma: 652

Watch Dave Ramsey's Guide to Financial Freedom.

He would suggest that you invest into mutal funds and more specificaly 4 types of mutal funds. (International, small cap, mid cap, and large cap) 25% each. If you do it right, you can average around 12% per year and double your money in around 6 years. Also this way you don't get completely screwed over if you invest all of your money in 1 place and then it tanks.

theres my (Dave Ramsey's) 2 cents

Oct 23 2011 11:41PM
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Phil-X-
Posts: 7205 - Karma: 14,399
I would try and put more then 1000 in there, that's not much when dealing with the market. When I was 16 my parents matched me with what I put in, they matched my $2500. $5000 I would say is a really solid start and would allow you to buy shares in many more company's. Also make sure too look into other options/markets such as commodities currency's etc. Im only 18 but youre making a good call with investing, honestly its the sole reason I am going to transfer into finance.
Oct 23 2011 11:41PM
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Vino
Posts: 2939 - Karma: 1,117
just wait.

wait for the second wave. it's coming
Oct 23 2011 11:43PM
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Phil-X-
Posts: 7205 - Karma: 14,399
double dip recession, he speaks the truth.
Oct 23 2011 11:45PM
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Vino
Posts: 2939 - Karma: 1,117
and as some above said. Get a job, you can get a 10h/week job, no big deal, you'll be good.

IMO, Best job you can get is something with tips.
Oct 23 2011 11:50PM
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Cufe.
Posts: 1950 - Karma: 262
do some insider trading.
Oct 23 2011 11:52PM
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562056961108
Posts: 0 - Karma: 575
And the dissolution of the EU will be the cause of it. The man has a point, wait... my advice earlier is to ride out the current shitstorm... which ahs some upside. if the EU actually does get their act together, you'd be in a good position to prosper from it.
Oct 23 2011 11:52PM
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funkmasterFLEX
Posts: 319 - Karma: 14
buy a fucking GIC you retard. 1000 wont mean shit in the stock market, unless you're a pig buying / selling daily, in which case you have no hopes against CTM's.

you will have a similar return with much less risk if you take a GIC or t bill

if you do invest in the market choose well established, steady growth companies that pay DIVIDENDS

enjoy losing that 1000 otherwise
Oct 23 2011 11:52PM
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Oldmann1584
Posts: 1399 - Karma: 95
lol you think its that easy? goodluck is all I have to say, you cant just make a couple thousand G's, you also lose a lot you need to know what to invest in and when... besides now is not an ideal time to try and play the stock market...
Oct 23 2011 11:59PM
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poptarts4life
Posts: 376 - Karma: 12
People who buy and sell based only on "high and low" are stupid as shit. There is no fucking reason apple should go down. Just because a stock is doing well does not mean it's bad to buy, apple has been doing good for the last fucking decade dumbass. Apple has consistently increased their profit margin for many years. People need to learn how to read the damn financials on google before spitting this shit out, it pisses me off. You wanna know how I know you're a fucking dumbass? Because you fucking think an expensive price and the daily gains/loses with a small company are not proportional. You do know big stocks and little stocks jump up and down whole % points each day, not just small ones...? Why the fuck would apples stock mimic a logarithmic curve if not? Also $40 is 4% gain on a stock, if you gained 4% each month in a year you would be the next fucking warren buffet. $40 WOULD BE GREAT. Big name companies WILL make you rich if you are not a dumbass like this kid who got a boner when his macro teacher told him the secret of "buy high and sell low". You're probably one of the dibshits who believe in occupy wallstreet and think that the vps and mds of goldman sachs give a shit about your opinions. Read the wall street journal/watch msnbc before you puke shit comments like this. Damn you got me raging.
Oct 24 2011 12:25AM
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ganja_enthusiast
Posts: 1119 - Karma: 34
dont do this for a long time. jobs just died and apple is not the best thing to get now
Oct 24 2011 12:41AM
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ganja_enthusiast
Posts: 1119 - Karma: 34
ignore that, apple is accully good to get now because the price has gone down.
(my bad i thought you meant sell)
Oct 24 2011 12:41AM
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ace_
Posts: 3189 - Karma: 39
Good thing you swore, it made you sound much more intelligent!



moron
Oct 24 2011 12:41AM
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jibvermont
Posts: 910 - Karma: 10
i like this!
Oct 24 2011 12:47AM
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poptarts4life
Posts: 376 - Karma: 12
You're right. I shouldn't have sworn but I was pissed. I felt insulted by someone I personally believe based on their post had no business calling something I said "stupid as shit."
Oct 24 2011 12:50AM
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vandersteeze
Posts: 2650 - Karma: 1,511
There are two types of investors:

Those who have lost money
Those who have yet to experience losing money
Oct 24 2011 12:52AM
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BootySpunk.
Posts: 8148 - Karma: 84
Well a bunch of new video games are about to come out. Skyrim, BF3, MW3, etc etc. You should probably invest in some of those companies.

But if you only have a thousand bucks than the stock market is not going to make you money quickly. Maybe a couple months down the road you may be up a few hundred.

You most most likely lose your money if you tried to trade forex or penny stocks.

I would suggest you buy a couple pounds of ganj and sell that off. Easy money.
Oct 24 2011 12:53AM
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BootySpunk.
Posts: 8148 - Karma: 84
Also I know P&G pays out dividends every once in a while which is pretty much just an extra little bonus. Look for companies that do that if you really are committed to this stock thing.
Oct 24 2011 12:55AM
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AMcCraw
Posts: 845 - Karma: 703
^ woww someone likes to rage.

$1000 like many have previously stated is not going to get you much realistically. But it is a good start, and a good way to get started in the market, before you start investing serious money.
Now, before you do anything, I want you to take a solid few weeks just to read up on the market and understand the basics of how it works. Once you get a grasp of it, then it is time to start looking into potential investments.
Play what you know. For example if you know a lot about electronics, and you happen to see a trend that you think will become really popular, time to invest! Dont just throw your money into some random stock that you have no idea about just because it went up 10% yesterday.

My advice for you would be to invest in some fairly safe stocks that will maybe gain a little or lose a little, but surely will not crash. Do this until you understand the market better, then broaden your portfolio into many different aspects.

but all in all safest bet with $1000 is put in a managed mutual fund.

I wouldn't invest in apple right now. No, they are not likely to go down anytime soon, but also the chance of any return is not very high because their stock is already so inflated its rediculous.


Oct 24 2011 12:59AM
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AMcCraw
Posts: 845 - Karma: 703
and first comment was directed at pop tarts
Oct 24 2011 1:00AM
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Bumblesteeze
Posts: 3092 - Karma: 748
invest in some full-tilts.
Oct 24 2011 1:05AM
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Bumblesteeze
Posts: 3092 - Karma: 748
Wait,
go see a boot advisor... I mean a financial advisor..
Oct 24 2011 1:07AM
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eheath
Posts: 61588 - Karma: 122,917
You'd be better off saving that 1000 bucks and working a part time job after school.
Oct 24 2011 1:22AM
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poptarts4life
Posts: 376 - Karma: 12
Just curious but what leads you to believe APPLE is inflated?

A p/e ratio of 15% says apple is not inflated at all. It's not free but it is certainly not inflated. Amazon on the other hand...........




Oct 24 2011 1:23AM
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BikeMlatt69
Posts: 1947 - Karma: 60
I met this military sgt and he said that Iraqi currency is being re evaluated since the government has changed. he claimed he invested 1000 dollars in Iraqi currency and it turned into 10,000 iraqi dollars. become a millionaire in iraq. kinda cool
Oct 24 2011 1:34AM
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ShreddAZ
Posts: 2548 - Karma: 41
Couldn't have defended my point any better than this man Right here! Yes apple has high rates of going up blah blah blah blah but the kid asked about putting 1000 bucks into stocks....clearly because he wants a get rich quick type investment...apple is not his best ideal scenario for that! Calm the fuck down man
Oct 24 2011 1:37AM
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ski-or-die
Posts: 770 - Karma: 17
your seventeen why not invest in something long term like a renewable energy project?
Oct 24 2011 1:50AM
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poptarts4life
Posts: 376 - Karma: 12
I apologize for over reacting. I just used your post as an excuse to rage for my crappy weekend. To the op, as Warren Buffett has once suggested to those smart enough to grow their money but not at a mature understanding of the stock market look into index funds. They are mutual funds for entire sectors of the market(or the whole thing) that are computerized they yield great results for a fraction of the fees mutual funds cost.
Oct 24 2011 3:19AM
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cool_name
Posts: 4295 - Karma: 3,131
skyline gold. its currently at 19 cents a share so its a penny stock so, its risky but my dad (a financial advisory) says it will most likly be worth a buck or two in the 1-2 years. and according to my dad alot of the big names in the mining industry's (including a the man with the best track record for picking gold stocks[cant remember his name])have allot share like a couple million or more. another good thing about stocks like this is they arnt tied to the market i.e. if the market crashes again(unlikely) the stock wont dive. i currently have a shares as well as my dad(he does this for a living). so that's what i would pick but only if don't mind risk




Oct 24 2011 3:41AM
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CassiusClay
Posts: 1757 - Karma: 2
Buy something with an incredibly high p/e! Kidding. Invest in a defensive mutual or etf, play it safe.
Oct 24 2011 4:00AM
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cool_name
Posts: 4295 - Karma: 3,131
sry for double post but this guy needs to be educated about how the market works.


Before i get going i will admit you  obivously know more than average man about stocks. in fact your whole middle part about how 4% gain in month is good, is completely right. However,  you dont you want to buy apple right now. Why, because there is a reason why apple will go down. that reson is because, the margority of people think its overvalued; just look at this thread. Now, before you say that is bad example let me show you why it works. Let's say you are selling apples(unrelated to the stock) for  a buck each, if only have one apple left ,but two people want to buy it you wouldn't still sell it for a buck. you would see who would pay the most for it and sell it for that price, thus rising the price of apples. now, what if someone set up a apple stall right next to yours and only one person wanted to buy an apple. then, that person wouldnt just buy any apple he would see which of you will offer him the lowest price, thus lowering the price of apples. That's all good a dandy ,but your pretty sure your younger brother already understands supply and demand how does that relate to why apples stock is going to go down. Well, it will because the majority of people who invest are no smarter when it comes to stocks then the average person in this thread. So, what does that mean well if the majority of people in this thread think apples stock will go down then it probably will because nobody will buy or even own a stock they think will go down. That takes us back to my apples analogy. If there is only one buyer for ever two sellers then the stock will go down. And as you can see the majority of people in this thread are advising against apple thus they would be sellers. to sum it all up a companys stock doesn't represent the actual value of a company rather what the public thinks it value should be. So, if the majority of people think apples stock is over valued and will go down then its stock value will deflate. i would sooner short-sell apples stock then buy it right now.(go ahead and try to argure but i had a talk about apples stock at dinner for about a  hour with my dad and am simply conving his reasoning. btw he is a investment adviser)

most likely the longest response i have ever written on nsg. But, hopefully it was informative.
Oct 24 2011 4:22AM
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cool_name
Posts: 4295 - Karma: 3,131
this is actually completely correct unless you can afford your own investment adviser go with a mutual fund with a strong track record because you need to good at playing the market to get to where they are
Oct 24 2011 4:30AM
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MANDER
Posts: 4017 - Karma: 2,038
Buy Enron.
Oct 24 2011 4:40AM
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poptarts4life
Posts: 376 - Karma: 12
Hmmm interesting point. But I doubt most of newschoolers realize how successful the iPhone 4s or w/e it's called is. Then again volatility of the market and the human psych of the average person does cause crazy things /remembers netflix dying, bp dying, any nuclear stock dying all of which I believe were not warranted(well netflix did screw up but not dropping almost 200 bad).... I'd say short term you're right, albeit long term I have faith apple will go up much higher. My views are different I feel like than most people being a disciple of the almighty Warren Buffett. As for your statement about a company's stock not showing the actual value I agree and disagree, i've read some interesting things on intrinsic valuation by Buffett that I think suggest public valuation will eventually match actual valuation(i've worded this part horribly and explained bad :/). That's pretty tight though your dad is an investment adviser, my dream is to do something like that and good to see there are some people with knowledge of this in ns.

Also let me say as much as i'm coming off as an Apple fan boy I do not own/care for that company, I actually hate the tech sector. I find it much less appealing than my beloved commodities ex gold!!!!!
Oct 24 2011 5:15AM
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BrewskiJr
Posts: 5738 - Karma: 1,478
My roomate got on the front page of forbes website. He placed top 3 in a stock pitch competition. He's a fuckin genius and will be a millionaire by the time he is thirty. I would come home from class and he would have his 3 monitors up trading and stocks on the TV. It was actually pretty damn cool.
Oct 24 2011 5:32AM
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sweatshirt
Posts: 1357 - Karma: 483
RIM
Oct 24 2011 6:01AM
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Orrin
Posts: 1757 - Karma: 1,114
I don't know if a skiing community will give the best advice for what to invest in. Go research it online and ask businessmen or what not/read newspapers etc etc
Oct 24 2011 8:33AM
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Hoppy
Posts: 685 - Karma: 95
DYOR
Oct 24 2011 8:50AM
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H8CH
Posts: 2709 - Karma: 218
Best stable bet's for a quicker equity return are stocks that are currently under valued and cheap.

Bp - is around 40 bucks, however is traditionally around 60/65. They have just been given the green light to resume drilling again in the GoM - so there is a good buy right there.

Bank of America - cheap as chips right now, and good for the long term.

Kinder Morgan - excellent growth and dividend potential

DOW chemical - again, currently undervalued - a cheap stock worth picking up now.

Statoil - stable growth and dividend payment. Expanding a lot in the US.

For everyone talking about gold - what goes up - must come down. Swerve it now - way too expensive. So good bargains to be had elsewhere. Gold has been flogged to shit by everyone.... prices have been driven artificially high by stupid ad's on TV and media BS.

The next bull market is probably going to be around 2015 - so worth getting a good position in the market ready for that.



Oct 24 2011 9:03AM
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H8CH
Posts: 2709 - Karma: 218
oh and get yourself a scottrade account setup if you can (might be too young?)
Oct 24 2011 9:05AM
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