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Talking stocks, trading, and investing in general - Page 158

post #2356 of 4904
agreed, but it still has time to plunge.
post #2357 of 4904
And then on confirmation of a bailout, it finally falls. Weird behavior.

Although I am short today from the open, so I must admit I'm pretty happy with the way things are going so far today.
post #2358 of 4904
Quote:
Originally Posted by NameBack View Post

And then on confirmation of a bailout, it finally falls. Weird behavior.
Although I am short today from the open, so I must admit I'm pretty happy with the way things are going so far today.

 

buy the rumor, sell the news.

 

oh, and EURUSD did gap up to over 1.265.  but what happens after that is the same trajectory as ESA.

 

now no one is sure if EURUSD is the risk indice, or 2y10y, or ESA, or whatever other things that moves in the same direction...

post #2359 of 4904
The market seems to have a better outlook on Europe today, likely to change again I'm sure....but hopefully not.
post #2360 of 4904
Quote:
Originally Posted by SkinnyGoomba View Post

The market seems to have a better outlook on Europe today, likely to change again I'm sure....but hopefully not.

Where's it coming from though? Again, not complaining because I am long, but with yields rising it seems like the only hope right now is some ECB intervention.
post #2361 of 4904
Reuters is chalking it up to "cheap" stocks, I suppose they are right if you compare on pe, book, whatever basis....but all of a sudden that is important to an otherwise news driven market?
post #2362 of 4904
I'd like to kindly ask for advice on how a soon to be graduate can invest his hard earned money.

I am willing to shell out $1,000 or so for "experimenting" and put away $5,000 in safer investments - can you lads point me in the right direction? I've tried doing all my homework on these topics but I'm still not sure where to begin or which sites to use.

Thanks in advance!
post #2363 of 4904
Quote:
Originally Posted by david3558 View Post

I'd like to kindly ask for advice on how a soon to be graduate can invest his hard earned money.
I am willing to shell out $1,000 or so for "experimenting" and put away $5,000 in safer investments - can you lads point me in the right direction? I've tried doing all my homework on these topics but I'm still not sure where to begin or which sites to use.
Thanks in advance!

1. Sell a few pairs of Aldens or move part or all of the $5000 to investing. What is your definition of safer investments? Nothing is really that safe.
2. Start reading WSJ / FT daily

You are a business student right? As for sites to use, Interactive Brokers is the cheapest and if you are 21 then lower the minimum investment (I think $3k from $10k). You get a lot of markets and $1 trades. The standard brokers like Schwab or Fidelity are good as well since you have offices you can go into.
post #2364 of 4904

Put 5000 in bonds and 1000 in physical gold just to keep up with inflation for now and potential financial meltdown. 

 

avoid equities at all costs, we are still in a bear market and have been for the past decade.

post #2365 of 4904
Jmo, don't gamble any of it, losing $1k on 6k is about a 17% loss, that will take you over 6 years compounding at 3% to recover from with the remaining 5k.
post #2366 of 4904
id say he should start with riskier investments because he's starting out with such a small amount.. but that's just me.

50% into AAPL
50% into ARR/AGNC

nod[1].gif
post #2367 of 4904

Apples big run is over. The WWDC event yesterday made it clear that they arent sure where to go next. They depserately need a new revolutionary product if they are going to keep there 20% yoy growth rate.

post #2368 of 4904
Too early to say it's over. I'm still a firm believer.
post #2369 of 4904
Quote:
Originally Posted by stevent View Post

1. Sell a few pairs of Aldens or move part or all of the $5000 to investing. What is your definition of safer investments? Nothing is really that safe.
2. Start reading WSJ / FT daily
You are a business student right? As for sites to use, Interactive Brokers is the cheapest and if you are 21 then lower the minimum investment (I think $3k from $10k). You get a lot of markets and $1 trades. The standard brokers like Schwab or Fidelity are good as well since you have offices you can go into.

Haha, I have definitely begun shrinking the collection of shoes - these days if I am buying something, I'll have to get rid of 1-2 things smile.gif
As far as "safer" goes, I'm thinking mutual funds, maybe even bonds but I don't know if I have the patience for that.

Yes sir, business student. Great tip on the IB site, I'll need to check it out. Thanks Steven.
Quote:
Originally Posted by cruxter View Post

Put 5000 in bonds and 1000 in physical gold just to keep up with inflation for now and potential financial meltdown. 

avoid equities at all costs, we are still in a bear market and have been for the past decade.

Is there a certain time when I should grab the $1,000 in gold? I thought gold was at an all time high no?
Quote:
Originally Posted by SkinnyGoomba View Post

Jmo, don't gamble any of it, losing $1k on 6k is about a 17% loss, that will take you over 6 years compounding at 3% to recover from with the remaining 5k.

Quote:
Originally Posted by cruxter View Post

Apples big run is over. The WWDC event yesterday made it clear that they arent sure where to go next. They depserately need a new revolutionary product if they are going to keep there 20% yoy growth rate.

Ahhh AAPL is scary, my med-school friend lost nearly all his savings on playing with options. Not cool frown.gif
post #2370 of 4904
Quote:
Originally Posted by GreenFrog View Post

id say he should start with riskier investments because he's starting out with such a small amount.. but that's just me.
50% into AAPL
50% into ARR/AGNC
nod[1].gif
Quote:
Originally Posted by cruxter View Post

Put 5000 in bonds and 1000 in physical gold just to keep up with inflation for now and potential financial meltdown. 

avoid equities at all costs, we are still in a bear market and have been for the past decade.

Please don't listen to this bullshit. If you want to gamble trade some derivatives or go to Vegas. Plenty of people who bought gold in the past would have great stories to tell you, although I'm not gonna argue with the endless gold posters that just started posting here

Quote:
Originally Posted by SkinnyGoomba View Post

Jmo, don't gamble any of it, losing $1k on 6k is about a 17% loss, that will take you over 6 years compounding at 3% to recover from with the remaining 5k.

Depends how much he's earning though, if you are putting in a good amount each year then you have more to invest with. I saved up until this year when I decided I needed slightly better clothes after graduating. If you an gain a decent return instead of having two pairs of Aldens, that covers the Aldens in the future.
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