stock market tips
#6120390
01/10/18 12:53 PM
01/10/18 12:53 PM
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Joined: Feb 2014
Posts: 25,694 nm
adam m
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 25,694
nm
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Does anyone here have tips on buying stocks mutual funds etc... I'm not talking 401k ira's etc... investments I'm talking "private" investments. What companies/websites are better? I know I should have a diversified portfolio, that is how my 401K's are set up
Last edited by adam m; 01/10/18 01:06 PM.
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Re: stock market tips
[Re: adam m]
#6120406
01/10/18 01:05 PM
01/10/18 01:05 PM
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Joined: Feb 2014
Posts: 25,694 nm
adam m
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 25,694
nm
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What's a POT market? lol I got it now. You mean marijuana market. boy I feel smart right now
Last edited by adam m; 01/10/18 01:08 PM.
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Re: stock market tips
[Re: adam m]
#6120412
01/10/18 01:18 PM
01/10/18 01:18 PM
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Joined: Jan 2014
Posts: 2,218 MI
lebowski
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trapper
Joined: Jan 2014
Posts: 2,218
MI
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I am fine with fidelity. I like low cost index funds ETF's
"Yeah, well, you know, that's just, like, your opinion, man."
--The Dude
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Re: stock market tips
[Re: adam m]
#6120415
01/10/18 01:22 PM
01/10/18 01:22 PM
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Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
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trapper
Joined: Jan 2014
Posts: 2,218
MI
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I am not too sophisticated but I like this one...like buying the whole SP 500. Very low fees too. https://finance.yahoo.com/quote/SPY/
Last edited by lebowski; 01/10/18 01:27 PM.
"Yeah, well, you know, that's just, like, your opinion, man."
--The Dude
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Re: stock market tips
[Re: adam m]
#6120625
01/10/18 05:49 PM
01/10/18 05:49 PM
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Joined: Mar 2013
Posts: 17,039 Fredonia, PA.
Finster
trapper
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trapper
Joined: Mar 2013
Posts: 17,039
Fredonia, PA.
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I can make you a millionaire overnight. 100% guaranteed!!! Open a Scottrade account put a bunch of money into it and then do the exact opposite of what I do! If I invested in oil, Gas would be 5 cents a gallon the next day. If I invested in gold, someone would figure out a way to make it the next day. Yup, if you short sell anything I invest in, your money worries will be over.
I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
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Re: stock market tips
[Re: adam m]
#6121052
01/10/18 11:28 PM
01/10/18 11:28 PM
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Joined: Apr 2009
Posts: 1,148 Illinois
ringtailtrapper
trapper
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trapper
Joined: Apr 2009
Posts: 1,148
Illinois
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pigs get fed, hogs get slaughtered !!
For Sale, Quality Racing Possums
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Re: stock market tips
[Re: adam m]
#6121081
01/10/18 11:54 PM
01/10/18 11:54 PM
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Joined: Dec 2006
Posts: 2,958 Va
pass-thru
trapper
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trapper
Joined: Dec 2006
Posts: 2,958
Va
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You said you are not planning on investing as much as a $1000 in individual stocks. If you are doing this for fun or for a learning experience, then OK. As an investment, that is not a good strategy for individual stocks. You will have to pay to buy, and pay to sell. So the key is volume. I would say at least $1000 per stock. But putting all the eggs in one basket is a bad strategy due to inherent risk. Good starting point is 10 different stocks. So a good entry point into the stock market for individual stocks is at least $10,000.
Otherwise, I recommend other strategies for investment: paying down debt, having enough emergency cash on hand to raise insurance deductibles (which saves a lot of money over time), paying down a mortgage...or if your rent, saving a down payment to buy a house.
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Re: stock market tips
[Re: adam m]
#6121270
01/11/18 09:06 AM
01/11/18 09:06 AM
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Joined: Dec 2008
Posts: 1,751 eastern washinghton
70sdiver
trapper
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trapper
Joined: Dec 2008
Posts: 1,751
eastern washinghton
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I have a few accounts one is ameritrade that I only have 800 dollars in I use it for charting to pick my entry and exit points.I also have a robinhood account no fees you buy no fee you sell no fee ,day trader rules apply as with all accounts so if you buy and sell on the same day stay under 2 trades a week using the buy and sell same day tactics.You can make a good amount of money in robinhood swing trading that you couldn’t with a fee based brokerage house.I set all my grand children an account thru their parents and when you recommend a friend or family member you get a free share of stock and so do they.A few stocks I’m swing trading are jcp and ssc.another stock I’m heavy in is rite aid .Rite aid is a hold for longer term as a turn around play.I opened robinhood in sept and have managed a 38 percent return.If you want to learn the stock market you have to play in it,read a lot then get your feet wet with money you can loose.
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Re: stock market tips
[Re: adam m]
#6121373
01/11/18 10:56 AM
01/11/18 10:56 AM
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Joined: Feb 2014
Posts: 25,694 nm
adam m
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 25,694
nm
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Pass-thru, I was looking at about 12 company stocks and the total for a share with all of the 12 would be $150+- yesterday. I guess I just want to get my feet wet and see if a little will turn a profit in a certain time frame, say 3-6 months then decide what to do next. I noticed that some of the DRIP stocks have a a minimum of at least $200-$1000 buy in while others don't. Some you can buy directly from the company others you can't.
LBEE when you research the stock are you looking at the past 3 years? The ones I've was looking at especially the medical marijuana ones have a steady climb over 3yrs. With their shares being low cost and steady climb I am considering them.
Last edited by adam m; 01/11/18 10:56 AM. Reason: stupid phone puts wrong words
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Re: stock market tips
[Re: white17]
#6121463
01/11/18 12:40 PM
01/11/18 12:40 PM
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Joined: Mar 2009
Posts: 1,433 Akron, Ohio
bass10
trapper
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trapper
Joined: Mar 2009
Posts: 1,433
Akron, Ohio
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Adam, Charles Schwab has an Intelligent Portfolio that handles everything for you. You take a test on your goals, level of pain, etc. Unfortuantely you have to have $5000 to start this. Fortunately you can start investing in some REITs on your own for as little as a $50 start. Then after years when you get to $5000 you can have them take over. I am pretty investing savvy and love this companies fees and ease. One rule many people have and one of mine is to never invest in ANYTHING you don't 100% understand. I think this is very time consuming to understand every investment. You have to make money while you're sleeping so good luck.
"The more people I meet the more I love my dog!"
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Re: stock market tips
[Re: LBEE]
#6121539
01/11/18 01:50 PM
01/11/18 01:50 PM
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Joined: Sep 2012
Posts: 918 Perry, NY
Dana I
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trapper
Joined: Sep 2012
Posts: 918
Perry, NY
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Buy Low sell Hi
Don't try to Time the Market
Buy on Market Dips
Buy Stocks with a Good Dividend....Use dividend to buy more or reinvest in a Drip account which has a charge if you do it that way. Remember Tips are for Waiters.
Research Stocks before investing in them pays off.
The Market has been very good for me...Been Debt Free for 10 years....Thanks to the Market to pay off Debt.
Just some of ways I've used for success in the Market. Sorry but buy low sell high, and buying on market dips are both examples of market timing. I agree limiting market timing is good in many cases but eliminating it is nearly impossible. I have never invested outside of my retirement account and have been thinking about setting aside a small amount of money to play with. I know that the fees on small purchases would make real profits hard to come by, but is this a good way to start just for fun and to get a feel for it before investing serious money?
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Re: stock market tips
[Re: LBEE]
#6122356
01/12/18 08:19 AM
01/12/18 08:19 AM
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Joined: Mar 2009
Posts: 1,433 Akron, Ohio
bass10
trapper
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trapper
Joined: Mar 2009
Posts: 1,433
Akron, Ohio
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Dollar cost averaging, look it up and understand it.
"The more people I meet the more I love my dog!"
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Re: stock market tips
[Re: pass-thru]
#6122384
01/12/18 08:58 AM
01/12/18 08:58 AM
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Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
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trapper
Joined: Jan 2014
Posts: 2,218
MI
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100% agree with this Here's a tip: if you have debt, pay it off before considering other investments.
"Yeah, well, you know, that's just, like, your opinion, man."
--The Dude
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Re: stock market tips
[Re: adam m]
#6122401
01/12/18 09:34 AM
01/12/18 09:34 AM
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Joined: Dec 2008
Posts: 1,751 eastern washinghton
70sdiver
trapper
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trapper
Joined: Dec 2008
Posts: 1,751
eastern washinghton
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Ok I’ll post again robinhood trading absolutely no fees ! Free stock trades on the buy and sell.If you want a free share of stock send me an email address and I’ll send a link and we’ll both get a free share of stock from robinhood.I funded mine with 30 bucks but my niece funded hers with only 20 dollars.I got a share of Siri’s satellite and she got a share of Groupon .Both my kids joined and also we all got free stock.
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Re: stock market tips
[Re: coolbrze]
#6122442
01/12/18 10:30 AM
01/12/18 10:30 AM
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Joined: Dec 2006
Posts: 2,958 Va
pass-thru
trapper
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trapper
Joined: Dec 2006
Posts: 2,958
Va
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Tip #1: don't take stock market tips from guys on a trapping forum haha! I have made a lot of money from tips that I got on this very forum. The better case would be pay attention to whose tips you listen to.
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Re: stock market tips
[Re: pass-thru]
#6122479
01/12/18 11:11 AM
01/12/18 11:11 AM
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Joined: Feb 2014
Posts: 25,694 nm
adam m
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 25,694
nm
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Tip #1: don't take stock market tips from guys on a trapping forum haha! I have made a lot of money from tips that I got on this very forum. The better case would be pay attention to whose tips you listen to. Yup its all about who you listen to. that's part of why I love tman. We have people in various skill sets.
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Re: stock market tips
[Re: adam m]
#6122490
01/12/18 11:24 AM
01/12/18 11:24 AM
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Joined: Jan 2012
Posts: 1,639 Warren co Mo
hrdtoflw
trapper
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trapper
Joined: Jan 2012
Posts: 1,639
Warren co Mo
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I don't know a thing about the stock market, so no help here. Learn, study, and learn more. The only stock I have ever owned is in the company I work for. It has increased in value every year, but one, since I started buying. We have had steady growth in volume, for the last 20 years, and continue to do so. Our stock is not publicly traded, and only employees can buy in. So, our stock value is controlled soley on what we are doing. Good luck in your pursuit, I hope you are the next gazillionaire!!!
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: stock market tips
[Re: coolbrze]
#6122539
01/12/18 12:29 PM
01/12/18 12:29 PM
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Joined: Jan 2007
Posts: 410 Missouri
LBEE
trapper
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trapper
Joined: Jan 2007
Posts: 410
Missouri
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Or any where else for Tips....Do your own research before Investing .
Last edited by LBEE; 01/12/18 12:33 PM.
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Re: stock market tips
[Re: adam m]
#6122614
01/12/18 01:50 PM
01/12/18 01:50 PM
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Joined: Dec 2011
Posts: 2,568 western alaska
Malukchuk
trapper
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trapper
Joined: Dec 2011
Posts: 2,568
western alaska
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GPHOF graphite mine coming to western Alaska.
Water is good for two things, Floating Ships and making Beer.
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Re: stock market tips
[Re: adam m]
#6122663
01/12/18 02:42 PM
01/12/18 02:42 PM
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Joined: Dec 2006
Posts: 23,854 Wisconsin
The Beav
trapper
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trapper
Joined: Dec 2006
Posts: 23,854
Wisconsin
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I wish some one would give me some money so I could Invest. LOL
I was told a long time ago always use some else's money. That's probably good advice.
The forum Know It All according to Muskrat
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Re: stock market tips
[Re: The Beav]
#6122895
01/12/18 07:28 PM
01/12/18 07:28 PM
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Joined: Dec 2007
Posts: 7,306 minnesota
goldy
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trapper
Joined: Dec 2007
Posts: 7,306
minnesota
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I wish some one would give me some money so I could Invest. LOL One reason you don't have any money is you sold to Groeney. LOL
"They that can give up essential liberty to gain a little temporary safety deserve neither liberty or safety" Ben Franklin talking about guns
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Re: stock market tips
[Re: adam m]
#6123090
01/12/18 10:16 PM
01/12/18 10:16 PM
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Joined: Dec 2007
Posts: 5,514 Orergon
alaska viking
"Made it two years not being censored"
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"Made it two years not being censored"
Joined: Dec 2007
Posts: 5,514
Orergon
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Berkshire Hathaway B. Look it up. I highly recommend Ameritrade.
Just doing what I want now.
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Re: stock market tips
[Re: adam m]
#6123482
01/13/18 11:40 AM
01/13/18 11:40 AM
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Joined: Jan 2012
Posts: 1,639 Warren co Mo
hrdtoflw
trapper
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trapper
Joined: Jan 2012
Posts: 1,639
Warren co Mo
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The biggest issue I have had with my stock, is with accountants. Ours told us last year that our K-1 form is very extensive, and takes a lot of though to get the returns figured out. Mine is different, due to owning stock in an S-corp, which I work for. Tweed, if the money is in grinners, I could be a millionaire pretty darn quick. It has taken 40 years, but I have perfected the perfect possom set. Adam, the best advice I have seen in this thread. Do not gamble with money, that you can't afford to loose. Loosing that money hurts the most!!!
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: stock market tips
[Re: walleye101]
#6123503
01/13/18 12:00 PM
01/13/18 12:00 PM
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Joined: Dec 2011
Posts: 10,404 MT
snowy
trapper
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trapper
Joined: Dec 2011
Posts: 10,404
MT
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Buy low - sell high. Should be buying up all the raccoon skins you can! This is great advise.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: stock market tips
[Re: white17]
#6123524
01/13/18 12:26 PM
01/13/18 12:26 PM
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Joined: Jan 2012
Posts: 1,639 Warren co Mo
hrdtoflw
trapper
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trapper
Joined: Jan 2012
Posts: 1,639
Warren co Mo
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[quote=white17]K-1 forms add very little complexity to a tax return. In fact, Turbo Tax will handle K1's with no problem at all. The biggest hassle with a K1 is that they are usually close to or after April 15th before you get them. Consequently, an automatic extension is usually needed. You CAN download the K1 on a timely basis depending on the issuer. The other thing to watch for is that LP's that issue a K1, are sometimes cumbersome in a tax deferred account like a IRA or 401K etc. due to UBI. "Unearned Business Income". There is a limit to how much UBI can be generated annually in a tax advantaged account. So you are better off holding those types of instruments in a taxable account.
Other than that, K1's really aren't much hassle [/quote
I'm thinking the problem with mine is in estimated tax payments. The company I work for, and I'm also a stockholder is an s corporation. We decided to change from a c corp, to an s corp, so we can make tax payments on behalf of the stockholders. So basically, they pay thier taxes , or a large percentage, through the stockholders. each stockholder has a percentage of the available stock, which is only 49% of the total. We will never let the company itself own under 51%, for obvious reasons. A percentage of the profits, which corrispond with my stock ownership, shows up as additional income that is added to my gross income. Thus, becoming my adjusted gross income. Throughout the year, estimated tax payments are made on my behalf, then tax time comes, and most of it is in my return. I still don't understand how it works, but I understand money in the bank. For years, our accountants tried to talk us into doing this. So the chage from a c corp to an s corp was made. The downfall is, where the company does work , I have to file for that state.
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: stock market tips
[Re: white17]
#6123536
01/13/18 12:41 PM
01/13/18 12:41 PM
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Joined: Jan 2012
Posts: 1,639 Warren co Mo
hrdtoflw
trapper
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trapper
Joined: Jan 2012
Posts: 1,639
Warren co Mo
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Sounds messy !!!! I see why you use an accountant Every year since the corp change, it has been a nightmare. Our accountant does work for a lot of the bussinesses in our town of around 7000 people. See's many K-1s, and cringes when we walk in.
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: stock market tips
[Re: adam m]
#6123538
01/13/18 12:43 PM
01/13/18 12:43 PM
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Joined: Jan 2012
Posts: 1,639 Warren co Mo
hrdtoflw
trapper
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trapper
Joined: Jan 2012
Posts: 1,639
Warren co Mo
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Adam , do you even have possums there. If not, come visit me, you could be the next gazillionaire
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: stock market tips
[Re: adam m]
#6124570
01/14/18 11:29 AM
01/14/18 11:29 AM
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Joined: Jan 2012
Posts: 1,639 Warren co Mo
hrdtoflw
trapper
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trapper
Joined: Jan 2012
Posts: 1,639
Warren co Mo
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A lot of info to digest. Hrdtoflw, supposedly there's some on the nm TX boarder. I'll go to MO to catch them for a million I'll move there for a billion I can guarantee, if possums were worth anything, the hillbilly's here would have them gone.
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: stock market tips
[Re: adam m]
#6124810
01/14/18 03:04 PM
01/14/18 03:04 PM
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Joined: Dec 2006
Posts: 6,311 Wisconsin
RdFx
trapper
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trapper
Joined: Dec 2006
Posts: 6,311
Wisconsin
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Beav use all that yote and rat $$$$$$ you made this year.........to invest......
RdFx
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