Stocks.

[The Missing ManSpectator 342]

I’ve invested a 100 dollars.
so far in Ford and GM

Made a dollar I’m happy.

What are some stocks to be watching?

[PistolPeteParticipant 27143]

pay attention to what Yumbo tell you about this—he has the news/inside take.

[Anonymous 3]

The Missing Man wrote:

I’ve invested a 100 dollars.

The Missing Man wrote:

Made a dollar I’m happy.

Been there, done that. it is good to begin with small amounts. But I started it in a very bad time in 2011 in an economic meltdown in a country where economy is always in a bad shape, and did it only for a year. I had more losses than wins.

My experience so far, as a noob investor for a year:
-Indicators don’t work. Stock prices are moving like bulls~~~.
-Diverse portfolios don’t work. If it is a bad period of time, everything goes down together, but maybe in a different percentage.
-Stop Loss may not be a good idea. It can limit your losses, but the stocks I bought back then, went even more downwards, but are now much higher. It really makes no sense.
– investing, buying and selling a stock is done in a minute. But it is misguiding. Being an investor is another profession, that one wanting to profit, needs to spend time on, learning stuff and reading information on the companies (if it is available and makes sense at all.) Having a PhD in science does not help one to understand over-complicated legal and financial documents, like quarterly reports.

-if you only have access to the stocks of your own country, which is a small one, and it depends on other countries and companies a lot, then it is gonna get a rough ride. (I’m from Hungary, tried investing in the biggest local bank and the local oil company with equivalent of a few hundred bucks many years ago)
-Treasury bonds only pay a few percent, not really worth for investment if you have a few hundred bucks and want to learn.
-keeping money in the bank is only a way to keep it (mostly) safe (except really big SHTF events) but not even an equivalent of few thousands of dollars will earn the fees of keeping the bank account.

-What do you want? You have small money now, want to get rich, or want some good income for your investment. See, if you have for example 1200$, 1% a year is a dollar per month. For 100% interest for a year (if it existed), you would have 100 dollars extra per month, now that’s a useful amount.

But no investment (in the financial world) gives anything near that. Of course, when you are rich enough, few percents a year from these investments are capable to give you a reasonable amount of income.

So, for now, I guess, you are young, invest into your career, learn stuff, increase salary, learn to live the minimalist way. I can spare equivalent of like 500+ dollars a month, or spend it on something useful if I want. Good salary, a country with relatively cheap prices, MGTOW and minimalist life, no car so no car payments and taxes. My salary increased circa 200% from what it was 5 years ago. My financial status was good but it skyrocketed in the last 1,5 years, since I got my current job.

[Anonymous 3]

But the real wealth is:
Health
Non hating
Non loathing
No negative
Love of life
Skills and wisdom
The ability to lean and master things.
Then share with ALL who desire to learn and have a better life.

This it the truth. Money is not worth much if you don’t have these.

[RoyDalParticipant]

Investment means survival to me. Make sure you can live off the stuff in your pantry for a few months before you buy things that are made of paper (like stocks). The government cannot print more land or food or guns & ammo. Paper, they can print in unlimited quantities.

Full disclosure: I live in an area where weather related disasters are common. A pantry full of water (first and foremost) and food has saved me many a hassle over the years.

Edit: Camping skills, like Sausage Fingers advocates, are a good thing to bone up on. Be able to find food, shelter, and winter warmth anywhere you might end up.

Society asks MGTOWs: Why are you not making more tax-slaves?

[Anonymous 43]

Number 1 investment is in yourself.

There are countless ways to make money.

I am not an investment guy, but I know market timing sucks…you are not going to know which stock is going to peak at what time.

I think dollar cost averaging is the best choice here…put some fixed amount into a stock regardless of price…you get a little more on down days and you get a little less on up days. I do know there are more up days than down, so what you bought on a down day is worth more later.

Capital gains are a bitch, be careful. Trading all the time and the taxes add up.

DRIP is a good way to go. Dividend reinvestment plan puts your earnings back into buying more stock.

http://www.dripinvestor.com

http://www.dripdatabase.com/

I was told buy stock in companies you know, use and your neighbors use…Coca-Cola, Walmart, Ford, local utility, and large companies. Big huge companies got big and huge for a reason, they sell what people want and are profitable.

Look at Nascar for your investments…if these companies can afford to play smashup derby on the weekends, they probably make a lot of money for themselves.

Also look into ETF…lower cost investing. There are some tax advantages here too.
ETF is buying into mutual funds, not individual stocks. You don’t have to pick the winners, they are chosen for you.

I am not an investment professional. Seek professional advice for this s~~~. I’m just some dude pounding on a keyboard.

[hmskl’dParticipant 6406]

Markets are ‘melting-up’ again .. rate hikes? Interesting times, indeed. People can wonder, if they wish, why I bought some silver rounds today .. let them laugh at me.

[TarkahnParticipant 1]

The Missing Man wrote:

I’ve invested a 100 dollars.
so far in Ford and GM

Made a dollar I’m happy.

What are some stocks to be watching?

I trade professionally and I can tell you that you’re better off “trading” the overall market than trading individual stocks. A rising tide lifts all boats. Stay with S&P 500 – consider trading SPY and SPXS. For oil you can use USO or for a leveraged (short term only) use UWT and of course GLD for gold. Also consider VIX hedging larger positions. I personally use TVIX. These are all EFT’s and ETN’s. It keeps things simple and allows you to focus on larger market trends rather than trying to time individual stocks. Just my 2 cents.

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