Boiler Room: The Official Stock Market Discussion

[GoogleMe]

so if i had an initial investment of 2000 i should only expect to make 240 for the year?

I don't know how the selection process works, but here is Barron's list of Best 2013 Financial Advisors by State. Most of these guys handle only wealhty/ultra-wealthy clients. If I needed to hire a financial adviser I would first try sit down with one of these guys and understand their business. http://online.barrons.com/report/top-financial-advisors/1000

 

[GoogleMe]

I would never recommend anyone to hire a financial advisor though. When I was young my mom gave 5k to a Merrill Lynch broker to test out the waters. That dude churned shyt out of my mom's account and pretty much lost half the money. Lesson learned.

 

[Donald J Trump]

@GoogleMe @Domingo Halliburton
With this refund check im getting, if i had invested it yesterday in sonys stock, and sold it right now, in 1 day id have made 280 bucks (not including fees)
I know that may be small to yall, but to a louisiana nikka thats in college, its more than some people make in 1 check...I know this stock shyt is right for me, i can feel it

 

[Domingo Halliburton]

@GoogleMe @Domingo Halliburton
With this refund check im getting, if i had invested it yesterday in sonys stock, and sold it right now, in 1 day id have made 280 bucks (not including fees)
I know that may be small to yall, but to a louisiana nikka thats in college, its more than some people make in 1 check...I know this stock shyt is right for me, i can feel it

hey man any gains are good.

 

[Serious]

I heard a similar story from one of my coworkers. Orange county California declared bankruptcy in the 90s and everyone dumped their orange county Florida bonds as well, mixing up the two. He scooped them up and made a killing.

 

[Serious]

http://stockcharts.com/ chart school is good study

http://learn.advfn.com/ this wouldn't hurt either

http://finviz.com/ this site is free and powerful

http://www.investopedia.com/ a lot of info here

WSJ, Bloomberg, Reuters, Marketwatch become acquainted with these news sites, always take with a grain of salt. There are some smart and dependable writers on each

This will get you into the mentality. It's up to you on how far you want to take your education.

Like PTJ said, you need to have an undying and unquenchable thirst for information and knowledge.

Any books you would recommend. I can't concentrate, as precisely and take notes the way I like on the computer. I like to mark things up and reemphasize important concepts.I don't have a printer either. And I can read a million times faster from a hardcopy

 

[Bernie Madoff]

Any books you would recommend. I can't concentrate, as precisely and take notes the way I like on the computer. I like to mark things up and reemphasize important concepts.I don't have a printer either. And I can read a million times faster from a hardcopy

Considered the bible of investing information for people just starting out
http://amzn.to/1dvetcF

 

[aliG]

Bernie, that's a great book. I've read it and consider it to be worth its weight in gold.

 

[Donald J Trump]

@GoogleMe @Domingo Halliburton curious as to you guys opinions on apple stock..i see their 52 week highs are 594 and its nowhere near that

 

[GoogleMe]

@GoogleMe @Domingo Halliburton curious as to you guys opinions on apple stock..i see their 52 week highs are 594 and its nowhere near that

At the end of September, Icahn and his funds owned 3.8 million shares of AAPL
Considering how public he has been about his meetings with Tom Cook, I think we might see some headlines tomorrow. 3.8 million shares is less than 5% of Apple's outstanding shares, but he is (or was) a top 30 holder now.

Spoiler

http://www.sec.gov/Archives/edgar/d...xslForm13F_X01/form13fInfoTable.xml[/SPOILER]

 

[GoogleMe]

Any books you would recommend. I can't concentrate, as precisely and take notes the way I like on the computer. I like to mark things up and reemphasize important concepts.I don't have a printer either. And I can read a million times faster from a hardcopy

Those are really informative sites and contain a lot of information that you may not find in books, so I would keep them in mind. What kind of market knowledge do you seek?

 

[Serious]

Those are really informative sites and contain a lot of information that you may not find in books, so I would keep them in mind. What kind of market knowledge do you seek?

noob trying to make some quick money on the side....

 

[Domingo Halliburton]

@GoogleMe @Domingo Halliburton curious as to you guys opinions on apple stock..i see their 52 week highs are 594 and its nowhere near that

I mean it was in the 700s last year. To be honest I don't see it moving much in the near term. However like googleme said this icahn guy has been killing it lately with every stock he's bought.

on one hand its a undervalued from a P/E basis. On the other it has the first or second biggest market cap in the world.

edit: if Icahn gets what he wants from apple ( and he has a lot of clout) with the buybacks and dividends I could easily see aapl going back to 700. However aapl has never really listened to wall st.

 

[GoogleMe]

noob trying to make some quick money on the side....

Not trying to be difficult, but once you accept that it is not easy I can help. Success doesn't come over night in the markets unless 1) you get lucky or 2) you earned it by putting in the work. Expecting quick gains means that you are susceptible to emotional decisions based on your need for gains. Read Trading in the zone by mark douglas. It's about psychology

 

[Donald J Trump]

I mean it was in the 700s last year. To be honest I don't see it moving much in the near term. However like googleme said this icahn guy has been killing it lately with every stock he's bought.

on one hand its a undervalued from a P/E basis. On the other it has the first or second biggest market cap in the world.

edit: if Icahn gets what he wants from apple ( and he has a lot of clout) with the buybacks and dividends I could easily see aapl going back to 700. However aapl has never really listened to wall st.

700...wow ..so if i bought 12 shares of stock now @ 528 and it shot up to 700, yo that really means i made a profit of 2064...right? Wow