Black Friday
im not serious about trading, dont even own any stock, lol! just try to educate myself on whats going on right now. i mostly watch foxbusiness and a little cnbc if something really crazy is going on. ill check that site out though, thanks!
To tell you the truth, I was only looking at it for the price of a barrel of crude back when it was over $140. Now, I read it every morning. They really spell out what is happening with the market. Good educational site for stocks and other trading type crap.
If you are under the age of 50, or never have invested in stocks then what is happening right now is almost perfect. I read a quote on CNBC.com that said something along the lines of "If you are invested in the stock market and under the age of 50...relax..". Another: "What happens over the next five to eight days will be spoken about for generations." I take that as a very good thing.
This is what I am buying right now:
Tickers FO, MO, PM, JNJ...mostly house hold brands. Booze and tobacco always sells. MO is an ATM waiting to happen, especially at <$20/share.
IMHO, you can't go wrong buying into companies that sell products that will always be around and most pay pretty decent dividends, so buying now gets you more shares = more dividends.
Every month I have been buying as many shares as I can with a little money put away each week (it doesn't take much to start)...sometimes I buy more often if I can see a low for the day/week..
Just my opinion...don't blame me if things go wrong or react different..
This is what I am buying right now:
Tickers FO, MO, PM, JNJ...mostly house hold brands. Booze and tobacco always sells. MO is an ATM waiting to happen, especially at <$20/share.
IMHO, you can't go wrong buying into companies that sell products that will always be around and most pay pretty decent dividends, so buying now gets you more shares = more dividends.
Every month I have been buying as many shares as I can with a little money put away each week (it doesn't take much to start)...sometimes I buy more often if I can see a low for the day/week..
Just my opinion...don't blame me if things go wrong or react different..
Start with your bank. They should have some sort of advisor to help get you started. Most banks will also offer a brokerage account that you can put money in to use to buy stock shares.
As far as checking quotes, look at http://finance.yahoo.com/ MSN has a place to check quotes as well. If you know of a company that you like, check their websites Investor Relation page and see if they have a publically traded stock...it will also give you the ticker...example: Ford Mo Co is ticker F, General Motors is GM, A&TT is T.
Due your research, I like to buy into companies that have products I personally like.
But do talk to an advisor to come up w/some sort of plan. Your bank should be able to help you get started.
Last edited by 26point2; Oct 24, 2008 at 02:02 PM.
If you do any day trading, watch this one. The origional owners are buying it up, as you can tell by the roller coaster ride.
http://finance.yahoo.com/q?s=aert
http://finance.yahoo.com/q?s=aert
If you do any day trading, watch this one. The origional owners are buying it up, as you can tell by the roller coaster ride.
http://finance.yahoo.com/q?s=aert
http://finance.yahoo.com/q?s=aert
Of course you could also make a lot of money on stocks like this...I've done a bit of it in the past.
There will be much more blood letting before the wounds will get stiched up
Now the prediction is we may see crash like 1987 yet to come
And all I can say is in 1988,1990,1992 I picked up alot of property for 20 cents on the dollar
Now the prediction is we may see crash like 1987 yet to come
And all I can say is in 1988,1990,1992 I picked up alot of property for 20 cents on the dollar
1987, 2008, Anyone see a pattern?
Now I know why you guys love trickle down, you're just waiting for the market to crash so you can pickup stocks cheap.



I hope you didn't actually think i was serious