Does anyone on here have advice on buying stocks? Or what stocks are good to buy?
If you have the money, google and apple seem to be doing well. Walmart is usually a good choice. I'm no expert but buy something low, sit on it, and hopefully it goes up.
I dunno about stocks, but I think someone put all their money in {Voice of Resurgence}
Haha apple and google are ridiculously high. I may be able to buy 1 share
Voice has nowhere to go but down I wouldn't put all my eggs in that basket.
I'd start small with low cost stocks. Nickel and dime them till you can start getting bigger stocks with a bigger payout. Golden rule is. The more money it can make you the more money you can lose.
Look at investing in silver.
Long term investments are always going to grow. With inflation and everything else, over 20 years you will have much more money than when you started.
The issue here is that people are too used to a fast return kind of market, so putting money away for 20 years later doesn't suit a lot of people.
Of course you can always try the high risk/high reward setups which CAN make you a lot of money in a short amount of time, although when it doesn't work out, you tend to loose and the same rate. A lot.
Stocks are a gimmick and they were for a few years now. There's less and less correlation between the value of stock and how well the company performs, every year. Stock exchange become some sort of abomination, mix of .politics. and crazy math. Stay clear.
Short term, invest in gold. Long term, there always has been only one answer: your own children.
Quote from: Piotr on June 05, 2013, 02:22:54 PM
Stocks are a gimmick and they were for a few years now. There's less and less correlation between the value of stock and how well the company performs, every year. Stock exchange become some sort of abomination, mix of .politics. and crazy math. Stay clear.
Short term, invest in gold. Long term, there always has been only one answer: your own children.
This. Gold is the one commodity that has held its value through the ages of our civilization. It's application in engineering (electronics, thermal dissipation) has only increased its value.
Gold = sure thing.
Quote from: Double-O-Scotch on June 05, 2013, 02:36:13 PM
Gold is the one commodity that has held its value through the ages of our civilization. It's application in engineering (electronics, thermal dissipation) has only increased its value.
Gold = sure thing.
On top of that, I believe we're heading into another financial crisis, short term ;)
Personally, I would buy Berkshire Hathaway B (A is too expensive). Warren Buffet seems to have a good handle on how to manage money; so I'd trust him with mine. In August/September, I'd buy up Eli Lilly right before the cold/flu season hits.
Quote from: MrsNosihctuh on June 15, 2013, 05:36:06 PMWarren Buffet seems to have a good handle on how to manage money; so I'd trust him with mine.
He also seem to have way too good handle on how to lobby politicians, and I don't trust people like that ;)