Can someone put me on STOCK game?

Bboystyle

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My car is paid off and ill be earning extra cash the remainder of the year and most of next year as well. im trying to invest it to make money back but i have the slightest clue on where to start or how it works. Any of you do this? if so,how successful are u and what returns do u make?
 

Slystallion

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read some finance blogs, i like seekingalpha.com talk to an hourly fee based financial planner...avoid brokers that rely on commissions from their products since they tend to just push their bank products that charge high percentage of commission fees so that even when you lose money you have to pay them

market is a little down because of the fed saying they will stop pumping money because they feel the economy is on verge of recovering

so its a good time to get into some stocks but if you want to be safe and limit your risk just put money into either whole world or U.S. market etf that covers the whole market...normally the market usually does 9% a year so if you just put your extra cash in every year and don't touch it by say 20 years it would be a nice little fund due to compounding...even hedge fund managers who get paid big bucks dont' always beat the market

if you feel the market won't really go higher and is due to a correction put some money in a volatility index to hedge your risk so if the market falls you don't completely lose your ass...

with investing avoid emotional moves like selling after you lost money and then it comes back and recovers before you can buy it back

some good picks in my opinion for the long run...i say tesla gets to 150 in the next year or two its at about 100 now...bofi and exone are riskier but the payoff possibilities are nice for the long term, at some people think google will hit 1000 but its at 800 something now so thats a 20% increase but it won't happen tomorrow

if your really risky look at penny stocks you can become rich overnight if you risk enough money but also lose all of it in an instant...don't fukk with any stock less than 5 dollars unless you really can afford to lose whatever you put into it...its about the same thing as gambling

at least established companies their decline can be seen with more time to make a decision for the most part outside of shyt like ENRON but thats why sarbanes oxley exists

but take care of your debts and have good funds like an IRA Roth IRA your company's 401k and low debts and about a 10-20% savings of your salary each year and anything extra if you want to have fun with speculative stocks have at it because you won't starve if you lose that money
 

2manyFCKNrappers

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don't approach it like a game. approach it like a business. do your research and know what you're willing to invest ahead of time. get a demo account first and use it until you feel comfortable enough to use your own money. there's no need to rush into it. the markets aren't going anywhere. there are many avenues you can take. i already said it, but it's worth saying again...do your research...for at least 2 weeks. and above all else...don't take stock tips.
 

Domingo Halliburton

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Don't try to beat the market and day trade. Buy vanguard index etfs and let it ride. They're low commission. Stay in American equities for now. The rest of the world sucks. Obviously this might change. I think the market might move sideways for the next few months but don't worry about day to day changes.
 
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