Stocks

Jordan · 10-09-2006, 06:45 PM

Anyone here involved in the stock market? I've got my personal account on sharebuilder.com, a 401k and just opened a new account with scottrade.com. I have to say that sharebuilder.com looks a lot nicer but scottrade ofters a lot more options. I'm thinking about investing in some penny accounts or doing day trading. Any experts on here?

**Crane** · 11-08-2006, 04:14 PM

I am but I just dabble. I don't really make anything from Stocks because of the little amount I invest.

**Jimbo** · 11-12-2006, 05:08 PM

Not heavily involved, but I do have stock options with my salary which I take, made a nice sum on them so far but dont think i'd ever seriously get into stock trading

**TcM** · 11-21-2006, 12:18 PM

What is actually this all about? investing money? on what? and what are these 'stocks'?
thanks

**xXHalfSliceXx** · 11-21-2006, 10:57 PM

I really think the stock market goes on what you will be willing to lose. I mean, to really get a lot out of the market, which it isnt doing so hot... More$. But hell, its just a gamble. Your odds? 1% Make money, 1% Break-Even, 98% Lose it.

**Lop** · 11-22-2006, 08:53 AM

If you no what you are doing your odds are a lot better than that. I've seen guys with 80% win and only 20% loose. Secondly, you don't need to have all of your monies in one stock, that is were you will loose (or gain). Keep them diversified. Stay away from Penny Stocks.

**TkTech** · 11-23-2006, 08:53 AM

Ooo, Lop actually knows what hes talking about. Penny stocks, like my bull-crap eura peru (gold) are very risky, and EXTREMLY longterm investments. My portfolio is in the TSX and NASDA, with two trust funds in CIBC. Eh, in US, about...$420 000. The funds dont give exact numbers, just est. Omg, I made $2000 when Microsoft handed out the divided last year.

NeedHelp · 11-27-2006, 03:54 PM

420,000? Jesus, rich family?

**TkTech** · 11-27-2006, 06:46 PM

Yep. Mainly in capital, we have a painting collection worth about 2 million CAN, five or take a couple thousand. We'ed never sell it though, its been in the family for generations.