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Money money

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  • Money money

    I thought i would make a thread about money where we can talk about things like stocks or other economic issues. While working on my MBA i did a research paper not long ago about economic cycles and i have been working on using that info to my advantage. The info i got was pretty standard stuff but pretty usefull, it dealt with why economic cycles exist and why they keep repeating themselves. Knowing that we are in a down cycle i went ahead and invested whatever meager funds i could gather up in these difficult times and so far so good. I bought afop for .90/share and now its trading at 1.26. My hope is we can pick each others brains here and maybe get some new ideas or info about stocks-bonds-comodities....etc which can benefit fellow members. Obviously everyone makes their own decisions and shouldnt blame each other if a trade doesnt go as expected but having said that i think this could be a fun thread and who knows maybe it will help some of us make money to.
    Hayastan or Bust.

  • #2
    Re: Money money

    Buy low sell high. Gold is high, the US dollar is low. Ditch your cash

    The stock market functions on two principles:

    1) Fear
    2) Greed

    Rule of thumb:

    When the general public is greedy, be afraid.

    When the general public is afraid, be greedy.
    Last edited by KanadaHye; 10-21-2009, 11:57 AM.
    "Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it." ~Malcolm X

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    • #3
      Re: Money money

      What is a good starting amount for someone who is new to the stockmarket, and doesn't have a lot of disposible cash, to enter the market?
      For the first time in more than 600 years, Armenia is free and independent, and we are therefore obligated
      to place our national interests ahead of our personal gains or aspirations.



      http://www.armenianhighland.com/main.html

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      • #4
        Re: Money money

        Originally posted by KanadaHye View Post
        Buy low sell high. Gold is high, the US dollar is low. Ditch your cash

        The stock market functions on two principles:

        1) Fear
        2) Greed

        Rule of thumb:

        When the general public is greedy, be afraid.

        When the general public is afraid, be greedy.
        But if the dollar is low and gold is high, shouldn't I sell my gold for cash?
        kurtçul kangal

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        • #5
          Re: Money money

          Gold has inherent value, cash does not.
          For the first time in more than 600 years, Armenia is free and independent, and we are therefore obligated
          to place our national interests ahead of our personal gains or aspirations.



          http://www.armenianhighland.com/main.html

          Comment


          • #6
            Re: Money money

            Originally posted by AlphaPapa View Post
            But if the dollar is low and gold is high, shouldn't I sell my gold for cash?
            If you need cash, of course. I didn't mean you should buy gold when it is high... but find something else to invest in that you think will have value in the future. Investors with cash reserves move to commodities like gold and oil during unstable economic times which drops the value of the US dollar. However, if the US dollar were to crash... it's better to have something you can hold in your hand than a bunch of useless peso's
            Last edited by KanadaHye; 10-21-2009, 12:35 PM.
            "Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it." ~Malcolm X

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            • #7
              Re: Money money

              Originally posted by Armanen View Post
              What is a good starting amount for someone who is new to the stockmarket, and doesn't have a lot of disposible cash, to enter the market?
              disposible cash can mean different amounts to different people. I sugest you look at it as gambling money. For example when i go to the casino i take with me only so much money. This amount is limited to a point where it wont really hurt me much if i lose it all and it will justify a evening of fun. The stock market also is like gambling so i sugest investing a amount that wont hurt you much should you lose it (whatever that amount would be for you). I also suggest picking stocks that you think are gona do well in the longrun and sticking with them for a while instead of selling and buying every couple of days or weeks.
              Hayastan or Bust.

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              • #8
                Re: Money money

                First rule of investing: invest with money you wont need for a very long time.
                second rule: don't invest all your money in one company.

                Before investing make sure that the money that you are investing will make a bigger profit than when you leave it on a banking account.

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                • #9
                  Re: Money money

                  Originally posted by KarotheGreat View Post
                  First rule of investing: invest with money you wont need for a very long time.
                  second rule: don't invest all your money in one company.

                  Before investing make sure that the money that you are investing will make a bigger profit than when you leave it on a banking account.
                  I broke the second rule but i was pretty sure the stock was not gona go down. As for the last one so long as your making money in the market its a sure thing you will beat the bank returns cause they are pretty low.
                  Hayastan or Bust.

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                  • #10
                    Re: Money money

                    1. Complain about the system and the man holding me down.
                    2. Wait for the Government to raise taxes on anybody whose actually working.
                    3. Collect.
                    4. ????????
                    5. Profit.

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