Anyone invest in the stock market?
- Thread starter Creeper
- Start date
im a novice, but i have shares in yahoo and wendy's.
Domingo Halliburton
Handmade in USA
apple, microsoft, chevron, exxon mobil, altria (great dividend), expedia, berkshire hathaway, greenlight reinsurance. There are others but these are my main ones ( I really like the tech and energy industries)
Now most of my money is in an index fund, which if you don't know what you're doing I suggest you do this too.
and if you got inside info from this thread you would have proof on the internet that you committed a felony
Now most of my money is in an index fund, which if you don't know what you're doing I suggest you do this too.
and if you got inside info from this thread you would have proof on the internet that you committed a felony
How much you pay for the apple stock? Isnt it around 600 something lately? I dont really see it going to too much more, but google seems to still have room for growth.
Domingo Halliburton
Handmade in USA
I bought it at 497 in February (I only own 2 shares, I don't have a ton of money to play around with). It hit 644 in April, when I probably should of sold it. But I'm long on it, all they do is make money. It's trading at 558 today, so I'm still up.
another one of my best recent trades has been expedia. I bought it around 30 and its trading at like 44.
as for google, like I said in my original post I love tech companies. The only reason I haven't gotten into google is that I'm looking to diversify and its pretty expensive (trading around 590). But I really like google.
I have Apple stock too and I think it'll go up after the iphone 5 comes out and smash records. I think you should hold for a bit longer. I'm looking in finanacials, but I'm gonna wait a little bit longer until I feel they are close to bottoming out
Domingo Halliburton
Handmade in USA
yeah, like I said I'm long on it. I have no plans to sell anytime soon. As for their financials their last earnings report they had $110 billion in cash on hand. They're ridiculous.
^what do you think about yahoo and wendy's?
Domingo Halliburton
Handmade in USA
to be honest I don't know a lot about these companies. So take this with a grain of salt.
I know Wendy's has a new CEO that wall street really likes. They have overtaken Burger King as the number 2 fast food chain (in the US) in the last couple months. So it appears they're growing. The stock trades low so it appears there is a lot of room for it to go up. These fast food companies have saturated the USA, so it's all about how they will grow their business globally, especially in China. So do some homework and see how Wendy's is planning on growing worldwide. If they look like they can make moves globally you might have a nice pick.
As for Yahoo, they have been struggling the last couple years. They do have some assets that they have been selling off because of their struggles. They also have been laying people off (not necessarily a bad thing). The one thing Yahoo has is a stake in an Asian company called Alibaba which people are excited about. Alibaba also wants to go public, so Yahoo could make a killing there. Another thing Yahoo has going for it is billionaire investor Carl Icahn has a stake in the company. Wall street really thinks highly of this guy. Another positive for Yahoo, there are rumors every once in awhile that someone will buy them out. When these rumors happen the stock pops.
Like I said I don't know a lot about these companies. You'll have to do some of your own research.
i have done some. i didn't know about alibaba but i know that there has been talk of yahoo being bought out. apple uses a few of their services so i got my fingers crossed. wendy's new guy has a good track record so I'm holding out hope for that also. good to see I'm not way off...
How did you get started? Im seriously considering investing but I dont know how or where to start.
I dropped around 10k on F(ford) back in 09 when it was dirt cheap, its up to $10.60 today and I plan on holding on to that one considering I believe it still have room to grow with its rival GM being at $22.44. On a side note, I felt sorry for everyone who bought into that FB stock hype. It opened up around $38-42 and now its down to $31.91; I just can't see it growing any more as its already over priced right now imo.
Stainless Bobby
Rookie
Oil futures.
BlvdBrawler
Superstar
Sheeeit man I've lost like 9k this year already in the market. 
But I'm going long too.
But I'm going long too.
Olivia Pope
Banned
What is an index fund?