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Heres a new thread- Stocks & Investing
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Forum Regular
Join Date: Jan 2004
Location: Little Rock, Arkansas
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I see people posting everything from OS 7.5 to the downfall of Vista.
How about a thread about stocks. I would post one of my growth stocks first but I just don't want this to be another spam thread.
We all know the story of aapl. If one want to talk about it fine. But lets see where this thread goes. Or if anyone has any stock investing software they like better that the other.
Thanks
MacTheRiverrat.
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Professional Poster
Join Date: Apr 2001
Location: Hong Kong
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My stock trading software.
(Thanks DakarĘ’)
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Stock investing software ?
What's that supposed to be ?
A computer beating the market ? Unpossible.
-t
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Fresh-Faced Recruit
Join Date: Jul 2007
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Stocks are not a wise investment. Why do you think they call the people who set up the trades, brokers? Because they make you broker.
If anyone actually knew how to make money in stocks, they surely wouldn't be trying to make you money. They would work to make themselves money. That tells you everything you need to know about the stock market.
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Professional Poster
Join Date: Apr 2001
Location: Hong Kong
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Chooglin' do you know this guy?
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Clinically Insane
Join Date: Oct 2000
Location: Los Angeles
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If you want to create a thread that has a chance to succeed, don't preface its title like you did in creating this thread. Next time just call it Stocks & Investing.
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"The natural progress of things is for liberty to yield and government to gain ground." TJ
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Originally Posted by Chooglin' 
Stocks are not a wise investment. Why do you think they call the people who set up the trades, brokers? Because they make you broker.
If anyone actually knew how to make money in stocks, they surely wouldn't be trying to make you money. They would work to make themselves money. That tells you everything you need to know about the stock market.
Give us some more of your wisdom.
-t
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Clinically Insane
Join Date: Mar 2001
Location: yes
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Originally Posted by Chooglin'
Stocks are not a wise investment. Why do you think they call the people who set up the trades, brokers? Because they make you broker.
If anyone actually knew how to make money in stocks, they surely wouldn't be trying to make you money. They would work to make themselves money. That tells you everything you need to know about the stock market.
Do you feel the same way about Mutual Funds?
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Originally Posted by Sealobo
Chooglin' do you know this guy?
This guy also gut burned in stocks. Look at his gray hair. Where else would it come from ?
[/Chooglin]
-t
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Addicted to MacNN
Join Date: Dec 2000
Location: New York City
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Originally Posted by Chooglin'
Stocks are not a wise investment. Why do you think they call the people who set up the trades, brokers? Because they make you broker.
If anyone actually knew how to make money in stocks, they surely wouldn't be trying to make you money. They would work to make themselves money. That tells you everything you need to know about the stock market.
Crazy talk.
There are a few ways to wealth in the US, but most involve ownership: of property or of a company. Investing for the long term in solid performers is a good strategy: much more lucrative than hoping for a pay raise.
Brokers may not be interested in the same stocks as long-term investors are, since brokers are more concerned with trying to time the market, and sometimes to churn their accounts -- neither are a goal for the long-term investor.
Long-term investing isn't a get-rich-quick scheme, but it can, over time, lead to substantial financial security.
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Dedicated MacNNer
Join Date: Jan 2007
Location: Minnesota
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Originally Posted by Chooglin'
Stocks are not a wise investment. Why do you think they call the people who set up the trades, brokers? Because they make you broker.
If anyone actually knew how to make money in stocks, they surely wouldn't be trying to make you money. They would work to make themselves money. That tells you everything you need to know about the stock market.
There is a little truth in what you say as I passed a job at Wells Fargo managing 55M in favor of mastering my own universe. However, many brokerages have moved away from paying their junior brokers commission. The result is a group of less stressful CS people honestly seeking to help the customer. On the other hand, those same people don't wake up everyday and read the WSJ and Barron's and whatever in the morning and spend their every waking moment at work fretting over developing an edge and making money.
All kinds of scams exist because the broker business is set up perfectly for conflicts of interest. FWIW, you should always ask people how long they have been in this business, where they went to college, what they did before they got into this business and what their own positions are. Also, take the name(s) of your reps and visit NASD's home page ( FINRA Home Page) and click "FINRA BrokerCheck" on the right side of the page to see if anything has been filed against them. The long and short of it is that retail investors can bypass brokerage fees through the use of discount brokers and by doing their own DD and research.
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