investing

[Astro]

I guess I am getting to the age where I am realizing the value of investing money:eek:

Guys, what are some of the Mutual's and stocks that you are using. I brand new and seeking advice. Please share some information on decent decisions on the market.

thanks

larry

[optimax135]

I use Janus funds. Good company with good morningstar reports.

[Jay Smith]

IMO and experiance : As far as a stock for growth if your young enough you can't beat XOM.....It has created MANY millionaires.......

good luck,

[Astro]

when we gunna see JSRE on the nasdaq?

[sho305]

I know a lot of people in vanguard funds...they are I think the only ones that don't have other business like banking. Also some buy stocks that pay dividends right from the company itself, like coke. Those are the safer ways anyway.

[daytrader]

Sho, hows that ont coming?

[sho305]

Sho, hows that ont coming? LOL! That is how they go, better have your finger on the trigger or be willing to wait for more...maybe wait forever, or a long time, or short time who knows. I still have it, not sure why I think it will hit again but just the same should have bailed and bought it back. It is a really good idea to not neglect your stocks if you buy something like ONT. Steady wins the race if you are not going to babysit them, unless you happen to buy a lottery stock that goes out of sight.

But this just me playing around, NOT my investment fundage for the future. ONT is last little stock I have right now, I pulled out a while back just too busy to play with them and market looked ripe for a tank. Then again these stocks don't always care what the market is doing.

[whipper]

I'm not a fan of indexed funds at all! They will only give you a return based on the markets performance the funds are in. So if the fund is say all blue chip in the NYSE and that index went up 10% that year thats all you get is 10%. If the index went down 10% the same. The individual stocks that comprise the fund your in may have performed 30 or even 50% but you will only recieve what ever the index does! Your way better of generaly to choose an equaty that you like and put it in a RRSP if thats what your looking for. You can do it your self and recieve the full benafit of the equaties up potental. Haveing said that you also can recieve the full down side of the stock also.;) I most inportant thing to remember is to not panic ever. The market goes up and down all day every day. Buy stocks for the long term, equaties that you feel have growth in there given areas of expertise. im a big fan of income trusts they pay big divedends. Generaly the good ones will pay a monthly distrabution and 15-20% yearly. That ontop of the stocks higher price for the year. Buy low sell high. If you get an under standing of charting you will be able to make better desitions on your own. Stock tips are like -ss holes every bodys got one!:D use your own comon sence. Brokers make you broker!! Be carfull some brokers just want your trade and could care less if you make any money. Do some research on your own that way you only have your self to blame if things go south. If it sounds to scary buy realestate. A desent site do do some reasearch is www.bigcharts.com (http://www.bigcharts.com). www.freerealtime.com (http://www.freerealtime.com) is a good site also. There boath free sites but it will get you started as to the market volitility. Read as much as you can and learn to understand the charts. Other than the obvious broker advantage of haveing up to the second information and have being doing it longer than you have theres not much he will have instict wise and luck wise over you. After you have been reaserching for a while you may know just as much as him! I have brokers calling me for opinions and I use them aswell. Use what you have for information thats what its all about. The sooner you can find out about a companys plans and the sound good the lower you can get in so to speek. Call the companies your interested in investing in and ask them what they have on the tables for the next month,quarter year and what there goals are. They dont mind because they want you to invest in them also. So read between the lines some times it sounds to good to be true! Om not saying buy this stock but hears an example of the 10% thing. Go to bigcharts and punch in a one year chart of Reaserch in motion. Symbol is {rimm} its gone from 20 bucks to 80 bucks a share. If you bought an indexed fund that had this in there portfolio and the fund was say primaraly a nasdaq based portfolio at the end of the year you would only see a return of what ever the Nasdaq increased for that year. The fund managers on the other hand would have been buying new Ferraris!! Because they take the rest not you! Get the picture. If you decide to invest on your own just be smart about it. For instance maybe Rimm looks good now but it has gone up so much it can fall a long ways also. Kinda scary for most including me. On the other hand this stock could go to $200 who realy knows? So just use your common sence that is the best instict you have and do your home work!! Remeber, every one wants your money.:D Only give it to them if you think there worthy of makeing you some. James

[daytrader]

Be careful with rimm, its very volatile, it reverse split 4:1 recently. Whip made some good points.

[daytrader]

If and when this market takes a dump, dont forget to buy some major retailers before xmas.

[whipper]

Daytrader what do ya think of MSFT at these valuations? Shes sure been sorta sideways since the split. Historically it splits often but with its volume I cant imagine another one though its due! maybe a buyback then a split?:rolleyes:

[daytrader]

I really dont know about MSFT, its not a stock
I normally follow.

[whipper]

Dow down 200 today so far! Almost time to buy.:) If i were a new investor I wait until the campaigns get into full swing and see what policies the front runner has in mind before i jumped in at the valuations of most of the stocks today. I would research companies the look like they would benefit from the new money the Gov will be spending in there sectors. look for established companies they are the ones that will benefit most usually. An good example would have been Haliburton!! During Bushes beginnings! Also look to see what crony's are behind the campaign because there busynesses will get theres $ first. Have a strategy and stick to it your first instincts are always right.:rolleyes:

[hsbob]

look for mutual funds that are index to the S&P. its for long term and will yeild good result over time. its not a get rich quick, but secured type of investment.

[daytrader]

Ive been trading the ultrashort pro shares russell 2000 ETF. It shorts the Russell 2000 index 2x. Good on a day like today when the longside etfs got burned.