06 Dec 2010, 4:19 pm
Craig28 wrote:
Asp-Z wrote:
Craig28 wrote:
You'd be wasting your time if you did write the essay. 
Indeed I would.
You could tell me all day and all night about the stock market, and it would do nothing to make me invest. There is no money in it.
That's the funniest thing I've ever heard!
In other news, there's no clouds in the sky and no heat on the sun!
06 Dec 2010, 4:21 pm
Tallyman! We got another one. 
06 Dec 2010, 4:22 pm
Craig28 wrote:
Tallyman! We got another one.
Another what? Person who knows what he's talking about?
Oh, and mods, if this guy's trying to claim I'm the one trolling here, look at the rest of his posts... And this thread as a recent example of what he's been up to.
Also notice how he's sent yet another thread off-topic with his BS.
Oh, and I've been here for a year and am a well known member, whereas he joined a few months ago and has been trolling ever since...
This is all pretty childish, though, Craig. Tallyman's a good mod, and the rest of the team are good mods too. They won't ban either of us just because we call each other trolls.
I suggest you just stop provoking me all around the forum, because in doing so... Well, you're being a very obvious troll.
Last edited by Asp-Z on 06 Dec 2010, 5:06 pm, edited 2 times in total.
06 Dec 2010, 4:58 pm
Craig28 wrote:
I keep away from the stock and shares. I was going to get involved back in '07 when my mother was in, but the prices started going down and down.
I have zero experience of the markets, but I told her to take her money out and she did. Good one Craig, she would have lost all of her profit. Goes to show, that you don't need any experience to know when something is going tits up.
If your mom had bought gold stocks in 2007, she would have doubled her money by just about now:I have zero experience of the markets, but I told her to take her money out and she did. Good one Craig, she would have lost all of her profit. Goes to show, that you don't need any experience to know when something is going tits up.
conan wrote:
i've always thought this would be interesting. What costs are involved beyond actually buying stocks? do you have to pay for transactions and how is that priced. Sorry i'm sure it is quite complicated but just a general answer is great Very Happy good luck to your stocks!
For my online broker (TradeKing) it costs 4.95 per stock trade. That means it's about $10 to enter and then exit a position (If you buy $100 worth of stock, this means it would need to go up in price by 10% for you to break even), and these fees can really add up if you are trading a lot and in low volumes.
06 Dec 2010, 5:50 pm
06 Dec 2010, 6:07 pm
06 Dec 2010, 6:50 pm
06 Dec 2010, 6:58 pm
06 Dec 2010, 7:01 pm
06 Dec 2010, 7:02 pm
06 Dec 2010, 7:05 pm
mcg wrote:
Craig28 wrote:
mcg wrote:
Edit: But I do think not investing in the stock market is wise move in your case.
As I have stated numerous times.
I understand when things get squeezed, things go BANG! 1929!
Other then that, and the level of trust in banks as a citizen, financial advisors have told clients to put their money in account x and then account x goes belly up. BUT the banks have their piece of the pie!
In the beginning, it was designed for the people, now its for the bankers and the rich. I bet they are even skimming money from the government, treating financial institutions like Vegas casinos in the mob days.
07 Dec 2010, 5:32 am
conan wrote:
i've always thought this would be interesting. What costs are involved beyond actually buying stocks? do you have to pay for transactions and how is that priced. Sorry i'm sure it is quite complicated but just a general answer is great 
good luck to your stocks!
good luck to your stocks!I used to buy certificated shares through a stockbroker, which is expensive (about 100 euro + 1% stamp duty to buy and about 100 euro to sell) and no longer easy to arrange. I now use an online broker for about 10 euro purchase or sale. All gains on stocks are taxeable, and losses over 4 years can be offset (CGT at 20% where I am). TD Ameritrade operates in the US and UK / Europe, and there are others.
Don't forget property - one of the best long term returns, so long as you are in any case moving house or interested in a second / holiday home or rental management. You can see where UK house prices are against the historic trend at http://ftalphaville.ft.com/blog/2008/08 ... se-prices/ and are likely to rebound (sometime, hopefully).
Motley Fool (website http://www.fool.co.uk/ or paperback) is one good introduction to share dealing and investment, and it has helpful discussion forums.
07 Dec 2010, 11:07 am
It'd be funny if Craig did go into the stock market, he'd lose all his money on the first day 
Gold is generally a safe investment because it's always in demand but is in short supply. Therefore, even if loads of people buy it, drive the price up, and it crashes, it will eventually go back up again - that's pretty much a certainty.
That's why, when there's a recession, gold goes up as it did from 2007 onwards, because people put all their money in gold as it never really loses value, unlike currency, who's value is dependent on how well your government can manage it, and can be very unstable just because of natural market causes, especially when there's a recession on.
07 Dec 2010, 7:42 pm
08 Dec 2010, 10:42 am
10 Dec 2010, 9:42 pm
I like playing options. Tuesday I bought the Oracle Dec. 28 call for $1.11 and it's up over $2 now. Earnings announcement is the 16th and that will usually drive up the option prices. Looks like I'll be able to keep my M3 for another year .
After reading this thread, I'm buying URRE and CEF. Hope you guys are magic good luck !
