Ether_Snake said:ATVI down 9% in after hours!
Damn, and I thought I wouldn't want to buy something else soon. Might have to buy some ATVI tomorrow...
jamesinclair said:Holy shit guys, Im about to jump into the stock market for the first time, and Im scared.
Im buying Activision, Embraer, Wendys and News corp. I feel that makes me diversified
Theyre number 3 in the world in airplanes.sonarrat said:Embraer? A Brazilian maker of lightweight executive planes? Seems like an odd choice given the current conditions.
lil smoke said:the only problem with paper stocks is that you make decisions that you wouldn't normally make, if you were using real money. But it probably is good for just learning the process.
I don't know much, but I would rather have a small amount of $$ ready to throw away... and play with that. I think I'd take it more seriously, and learn what it's like to lose real money.
jamesinclair said:Theyre number 3 in the world in airplanes.
And yes, I realize that no one will be buying planes this month, but....
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Looks like buy time for me
sonarrat said:Every stock looks like that right now. And yes, it will likely come roaring back at some point, but the question is when? You don't want to put major money into the stock market until nobody even wants to talk about stocks anymore. When they stop reporting it in the media, that's the bottom.
jamesinclair said:Its impossible to know what the bottom is. You never know until its too late.
Will the bottom be tomorrow? Probably not, but Im willing to take short term losses on the assumption that 1-2 years from now, theyll be back at 50.
And I dont have major money to invest, I just want to dip my toes in now and not hit myself in 6 months for missing out on all these great companies at dirt prices.
jamesinclair said:Theyre number 3 in the world in airplanes.
And yes, I realize that no one will be buying planes this month, but....
![]()
Looks like buy time for me
That is a great idea, if you are disciplined enough to follow thru. I know that if I made a huge blunder, I would probably tell myself "fuck that, let me try this again" and pull from my restricted money.WickedAngel said:I began looking at this thread and this post was something I wanted to respond to.
I'm entirely new to investing but I have managed to help myself in regards to bridging the gap between paper investing and true investing.
If you're going to paper invest, you should set some money aside out of what you currently hold and treat it as if it is actually being used (In real investing). There should be some consequence to your decisions; if you paper invest $100, you should freeze that $100 in your mind and pretend as if it isn't accessible. If you lose it all, you shouldn't allow yourself access to it until a certain period of time has passed (Perhaps a month). If your paper investments do well, you can either add that amount to the $100 or you can access it for real-life needs.
Of course, you know it's there and you still have the money...but restraining yourself from spending it does provide some incentive to invest wisely (Even when you're only paper trading).
Certainly helps a little!gkrykewy said:Allright! NTDOY up 13% overnight. Finally a green day.
Ether_Snake said:You can't just look at a chart. Any chart right now looks exactly like that :lol
Look at the foundations/ratios of the companies; do they have a debt? do they have cash on hand? do they have competition? are mergers likely? how did they fare over the last year, a time during which most companies lost value? etc.
Oh, yes. It's going today.Duke Togo said:How low will the DOW go today? UNDER 9000!!!
http://www.neogaf.com/forum/showthread.php?t=338217Battersea Power Station said:Oh, yes. It's going today.
syllogism said:So about that rally...
jamesinclair said:So um, Ford and GM....
How low should I let them go before I buy?
These companies will not fail, the US gvt will not allow it. Theres too much pride.
jamesinclair said:So um, Ford and GM....
How low should I let them go before I buy?
These companies will not fail, the US gvt will not allow it. Theres too much pride.
jamesinclair said:So even at $4 its not worth buying into them?
I feel that in 2010-2011 theyll be doing better, but Im unsure what a bankruptcy in the enxt year would do to any stock Id hold.
Theyd delete it and start over?
jamesinclair said:So even at $4 its not worth buying into them?
I feel that in 2010-2011 theyll be doing better, but Im unsure what a bankruptcy in the enxt year would do to any stock Id hold.
Theyd delete it and start over?
jamesinclair said:So I guess Ill stay away from them.
Thanks for the advice.
They just got $25 billion loans, didn't they?jamesinclair said:So um, Ford and GM....
How low should I let them go before I buy?
These companies will not fail, the US gvt will not allow it. Theres too much pride.
speculawyer said:They just got $25 billion loans, didn't they?
Tamanon said:Huh....we're seeeing a couple of late-day selloffs in a row....hrm.
lil smoke said:Hold on tight guys!!!!! weeeeeeeee 150 in about 5 seconds!
gkrykewy said:Really? Must be hedge funds. Let's get back to 9k.
Everytime I refresh, I get butterflies in my tummy.Tamanon said:.....
.....
We're moving towards EIGHTY FREAKING FIVE HUNDRED. It was Ten thousand earlier this week!