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Stock market

 
Darkness 2017-02-10 14:13:03 

When I see every Tom, Dick, Harry and idiot talking about the stock market and how rich they are getting, I know it's time to get out.

 
ray 2017-02-10 14:37:19 

In reply to Darkness

lol

 
ray 2017-02-10 14:37:39 

buying frenzy...

 
pelon 2017-02-10 15:01:37 

In reply to Darkness

cosign +++

I honestly don't see how folk with sub 50k to play with can make SERIOUS money in the stock markets. 1. The risk is so high for "part-time" investors like me that do not have the time for micro-management. simply daunting. and 2. getting in on IPO is hard as fack!

My total stock based investment in all units is under 20k USD with real returns around 7% - but this after many spectacular failures. So I completely agree with you. I am not embarrassed to say stock market investments did not work for me personally: under performed!

The only area that outperforms for me [personally] is real estate.

Stock markets require mico-management to get wealthy from, and unless you get in early on big players.... and that is hard as shite to do.

 
birdseye 2017-02-10 17:37:04 

Not sure the motivation for this post – Netflix debut at $15. Per share in 2002
Its gains since its 2002 IPO amount to about 8,000%, meaning that for every $1,000 you originally invested, you'd have $81,000 now…….. this is just a sample ---- there have been numerous stocks with that kind of performance -------

 
Darkness 2017-02-10 19:17:54 

In reply to birdseye

Thx for making my point big grin

 
Kay 2017-02-10 19:50:47 

In reply to Darkness

smile

 
Headley 2017-02-10 20:24:58 

In reply to birdseye

getting in on IPO is hard as fack!


What do you say to this point?

 
Emir 2017-02-10 20:59:48 

In reply to pelon

Its a long term play, you can't prematurely pull out after getting hit. Stay the course.

 
birdseye 2017-02-10 21:18:11 

In reply to Headley

What do you say to this point?
A large percentage of stocks quickly fall below its ipo rollout price – facebook is an example.
Facebook's IPO price was $38 a share when the company started trading in May 2012. But the stock fell over $20 from the IPO price to $17.55 per share on Sept. 4, 2012.

 
Headley 2017-02-10 21:35:26 

In reply to birdseye

The question is not about volatility. It's accessibility to purchase IPOs. It seems that once the IPO is attractive accessibility becomes an issue.

 
nick2020 2017-02-10 22:16:09 

In reply to pelon

I investing in popcorn and news outlets.

Trump going keep us watching more news than ever.

 
birdseye 2017-02-10 22:26:48 

In reply to Headley

If you have an online stock trading account and you know what the symbol for the IPO is going to be – you can put your request to buy the IPO as you would with any other security – you might not get the stock at the price some insider would – but you will get a quote – and its incumbent on you to accept the security at that price or not……..

invariable – why some get favorable treatment in IPO is because they provided seed money for the product development – Like Bono, the lead singer of U2 – he seeded facebook to the tune of $400,000 and was rewarded with 1 billion dollars of facebook IPO shares ---- so that is one way to get in on an IPO

 
birdseye 2017-02-10 22:30:13 

In reply to nick2020

Trump going keep us watching more news than ever.
aint that the truth - you say you not going to watch the shit - but most of it is so far out that you cant help but watch

 
Dan_De_Lyan 2017-02-10 22:58:28 

In reply to Emir

you can't prematurely pull out after getting hit


you should not have been there
big grin

 
1Desiabnu 2017-02-12 09:39:10 

In reply to pelon

Couldn't disagree more. The majority of people are just gambling. Invest for the LONG TERM in proven mutual funds and blue chip stocks. It won't matter if the market crashes in the near term. You simply CANNOT time it.

I know of folks who got out of the market last year expecting a crash-in that time I'm up 50%.

Gambling is fine(I fo it all the ttime)but don't delude yourself into thinking you are doing something else.

 
pelon 2017-02-12 10:38:13 

In reply to 1Desiabnu

You and I are on the same page. The majority are gambling, and many losing... which is to the point of this thread.

Also, I agree 100% that the way to go in the market is long term with mutual funds/bc.

I am not at all in disagreement there, and not sure why you read me otherwise. What I did state is that my experiments in stocks failed to show returns comparable to my real estate investments.

What I stated is that I failed in the micro-management of the stocks I held for trading (OTHER than BC/MF) - I thought this thread was more about TRADING not holding.

Cheers.

 
camos 2017-02-12 12:03:43 

In reply to Headley

The question is not about volatility. It's accessibility to purchase IPOs. It seems that once the IPO is attractive accessibility becomes an issue.



If the IPO is attractive no ordinary guy getting in, the underwriters share it up among their preferred customers.

 
Commie 2017-02-12 12:22:33 

Dasheen stocks have always grown for me.

What is awesome is that you can consume them. Crayfish stocks are even better as they are limited in quantity but extremely valuable and can be hoarded.

Choose your investments wisely.