1. Styleforum Gives - Holiday Charity Auction 10: A full set of Aesop's Fables pocket squares from Vanda Fine Clothing

    We are very proud to present this year's edition of the Styleforum Holiday Charity Auctions, this year in support of the Ronald McDonald House Charities of Spokane (www.rmhcspokane.org). Each Auction lasts 24 hours. Please follow and bid on all the auctions.

    The 10th auction of the year is for a full set of Aesop's Fable's pocket squares from Vanda Fine Clothing. Please bid often and generously here

    Fok and the Styleforum Team.

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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. amerikajinda

    amerikajinda Stylish Dinosaur

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    fwiw I picked up 700 shares of SLW late last week (Silver Wheaton - the largest precious metal streaming company in the world).

    This article from yesterday says now's the time to buy Silver Wheaton:

    http://seekingalpha.com/article/1942801-is-now-the-time-to-buy-silver-wheaton
     


  2. jbarwick

    jbarwick Distinguished Member

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    I am taking that continue to put money in path regardless of what happens. Hopefully it corrects in the next two weeks so my end of the month dump into new purchases is at a discount from today.
     


  3. amerikajinda

    amerikajinda Stylish Dinosaur

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    my BIIB is up 37.87% from when I picked it up in early July :slayer:

    MA is a good play
     


  4. arnathor

    arnathor Distinguished Member

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    How much money should one initially start investing? $1000?
     


  5. jbarwick

    jbarwick Distinguished Member

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    Really depends on where you invest it. IRA, Roth IRA, 401(k), brokerage account, etc. Fees (per trade or maintenance fees) tend to eat at small balances quicker. So if you pay say $7 per trade, a buy and a sell will cost you $14 which is 1.4% of your balance before you make a cent on the trade.

    401(k)'s tend to not have per transaction fees but maintenance fees yearly and some IRA's have you start with a particular amount before you can open an account.

    Personally I started with $1,000 and Scottrade gave me 3 free trades and I made 5% on my first free trade. But as your account grows, fees don't eat your balance as much and you just play around like the rest of us....gambling on if LULU makes women's back sides look better and thus worth a purchase or if a dip on TSLA will lead to some growth down the road. Since you aren't betting your entire life savings (I am guessing) you can be a little more reckless early on.
     
    Last edited: Jan 14, 2014


  6. amerikajinda

    amerikajinda Stylish Dinosaur

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    TSLA up over 15% today - you still a Tesla shareholder?
     


  7. kjamesuvic

    kjamesuvic Well-Known Member

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    Lululemon took a huge tumble the last couple days. What are your opinions going long a hundred shares or so and possibly long a few calls for safety? I can't really see it going any lower. They have pretty strong multiples compared to their competitors and with three major pull backs in the past year it could be a steal.
     


  8. kjamesuvic

    kjamesuvic Well-Known Member

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    Check that. Long a few 'puts.'
     


  9. SkinnyGoomba

    SkinnyGoomba Stylish Dinosaur

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    Bac is up in the premarket after the earnings release.
     


  10. GreenFrog

    GreenFrog Stylish Dinosaur

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    Just voted for apple to buy back more than 50b for 2014, as proposed by mr Carl Icahn.

    The board recommended we vote against.

    :slayer:

    GIMME MY MONIES!
     
    Last edited: Jan 15, 2014


  11. idfnl

    idfnl Stylish Dinosaur

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    Damn right. TSLA baby, TSLA.





    BAC baby, BAC. I'm up 200%+ on this baby. I think this is a safe bet to hit 20 in the next 60 days.



    MA up another $8 today. XLNX is turning into a solid trade. DB's move is sustained.
     


  12. SkinnyGoomba

    SkinnyGoomba Stylish Dinosaur

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  13. stevent

    stevent Distinguished Member

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    Pretty good so far this year, after today up 7% already overall, best start I've had ever for January

    Just hoping Goldman surprises tomorrow
     
    Last edited: Jan 15, 2014


  14. amerikajinda

    amerikajinda Stylish Dinosaur

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    Nice. I'm only up 0.7% ytd. :foo:
     


  15. stevent

    stevent Distinguished Member

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    Got lucky since I'm 35% bank stocks then had good positions in MU, LNG, EPZM, AMRN, PANW

    Just want AAPL to go up

    And need to unload VALE but still have faith. Thoughts on them?
     


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