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Re: stock questions [Re: forestman3] #7608370
06/19/22 01:50 PM
06/19/22 01:50 PM
Joined: Mar 2007
Posts: 35,176
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,176
McGrath, AK
For just something basic I would think Stocks For the Long Run would be a good place to start. By J. Siegel

Also, The Intelligent Investor, by Ben Graham..... is essential IMO.

A good biography of Warren Buffett is the Making of an American Capitalist, by Lowenstein

Just about any library should have those available to you


These are NOT "how to" books. They are more of a "why" type of approach. The how to is pretty straight forward but the why is the important part.


Mean As Nails
Re: stock questions [Re: forestman3] #7608566
06/19/22 07:58 PM
06/19/22 07:58 PM
Joined: Dec 2006
Posts: 1,865
Huntingdon Co. Pa.
F
forestman3 Offline OP
trapper
forestman3  Offline OP
trapper
F

Joined: Dec 2006
Posts: 1,865
Huntingdon Co. Pa.
Thanks for all the help guys.I`m going to do some homework and see what I can learn.

Re: stock questions [Re: forestman3] #7608582
06/19/22 08:22 PM
06/19/22 08:22 PM
Joined: Apr 2022
Posts: 117
Virginia
B
Budzmtn Offline
trapper
Budzmtn  Offline
trapper
B

Joined: Apr 2022
Posts: 117
Virginia
Stay out of crypto.
I have Robinhood and E*TRADE. I like E*TRADE for stock investing easy to use and good tools. Free trades.
Buy what you know. I’m in for long term. I have a couple of dividend kings and aristocrats. I’m on DRIP, dividend reinvestment plan. Buy it forget it.

Markets are down and things look like they will be down for some time, 1-3 years would be a guess. When things are tight there are company’s that still do ok. Food, phone, power, banks, real estate trusts. Good place to start. Look at your home. What foods do you buy at the grocery store? Who makes them. Did you buy at Kroger or Walmart? Do you have ATT or Verizon? How about your work? Look around there. Find staple products that are used daily. Companies that pay dividends. Reinvest.


Noob trying not to do noob things
Loudoun, Va
North Central Pa.
Re: stock questions [Re: forestman3] #7608681
06/19/22 10:23 PM
06/19/22 10:23 PM
Joined: Nov 2018
Posts: 265
Winona MN
B
Birdman382 Offline
trapper
Birdman382  Offline
trapper
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Joined: Nov 2018
Posts: 265
Winona MN
Over the last 30 years I can see what I put in and what it is now and it is like really nice, We had some down years like 1998 and 2000 and 2008 and 2020 when my wife says put it all in money market as she says its her money as well. Well I did for two month and then reinvested it and made 11%, had I not move it we would have been up maybe 22%.. Now in 2022 mine is still in the market and hers is in money market. So we will see who comes out ahead. We do have one account that is a steady 4.5% and never makes less or more just steady 4.5%. So we have a chunk in those accounts.

Re: stock questions [Re: forestman3] #7609024
06/20/22 02:25 PM
06/20/22 02:25 PM
Joined: Dec 2006
Posts: 5,719
Williamsport, Pa.
J
jk Offline
trapper
jk  Offline
trapper
J

Joined: Dec 2006
Posts: 5,719
Williamsport, Pa.
With your level of knowledge I would really recommend a full service brokerage for a year or two. Follow jim Krammer on TV but dont get to excited yet. After a year or two then try by yourself......jk


Free people are not equal. Equal people are not free. What's supposed to be ain't always is. Hopper Hunter
Re: stock questions [Re: forestman3] #7609045
06/20/22 03:01 PM
06/20/22 03:01 PM
Joined: Aug 2010
Posts: 10,835
Asheville, NC
C
charles Online content
trapper
charles  Online Content
trapper
C

Joined: Aug 2010
Posts: 10,835
Asheville, NC
Consider stock index mutual funds. Most are no-load. Do this for 2-3 years, then branch into a few individual stocks that you understand. Don’t invest in past winners. You must first understand what makes a company profitable and what makes it risky.

Last edited by charles; 06/20/22 03:02 PM.
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