Anyone here invested in stock market?

[Mr. Jabbar]

If so, please share your experience here.

[Miss Bella]

I inherited a portfolio of stocks. Not much of an experience from my side considering I still have not sold or bought any stocks in the give or take three years that they have been in my possession.

[Mr. Jabbar]

I inherited a portfolio of stocks. Not much of an experience from my side considering I still have not sold or bought any stocks in the give or take three years that they have been in my possession.


I see, which kind of companies are they? are they in the dow jones? nasdaq?

[plowking]

I'm looking at currently investing in BHP on the ASX, due to the decreasing iron and oil prices, but funnily enough it has bounced back for some reason. I thought it was initially going to drop to the $20-$22 SP range, but no go so far. Hopefully after new years.

[oarabbus]

I've put a bit of money into a mutual fund, less than a year investment so far. Made a bit under 10% return. Nothing spectacular but it's about what I've expected, steady, low-level growth. Better than letting it do nothing in a savings account.

[Mr. Jabbar]

I'm looking at currently investing in BHP on the ASX, due to the decreasing iron and oil prices, but funnily enough it has bounced back for some reason. I thought it was initially going to drop to the $20-$22 SP range, but no go so far. Hopefully after new years.

iron is rock bottom, interesting opportunity

[Mr. Jabbar]

I've put a bit of money into a mutual fund, less than a year investment so far. Made a bit under 10% return. Nothing spectacular but it's about what I've expected, steady, low-level growth. Better than letting it do nothing in a savings account.

not bad at all (10%) in less than a year is awsme, and yea, id rather keep my money under my bed than in a savings acct

[Miss Bella]

I see, which kind of companies are they? are they in the dow jones? nasdaq?

There is a small sum in DIA.

[oarabbus]

not bad at all (10%) in less than a year is awsme, and yea, id rather keep my money under my bed than in a savings acct


Thanks yeah, I'm definitely content with it. Now the only problem is do I keep putting more $ into this fund? I think it'll continue to go up, but I always get that 'I shoulda put this money into it back then when I bought lower' mentality going on

[Mr. Jabbar]

Thanks yeah, I'm definitely content with it. Now the only problem is do I keep putting more $ into this fund? I think it'll continue to go up, but I always get that 'I shoulda put this money into it back then when I bought lower' mentality going on

it depends, what does that mutual fund invests on? if those variables have a good forecast why not. i assume it has some high risk stuff into tho, u cant go 10% in less than a year w/o the chance of going 10% low

[Miss Bella]

I wanted to buy shares with Netflix when they had that big drop back in 2012 but I always backed out, I believe they were at 90-95/share and today around 300. The portfolio includes a substantial sum with Google which I should sell and re invest in places where they could actually grow, I think they already had their peak for the foreseeable future.

I have to look in to it but I always concede from actually doing anything with the fear of not knowing what the heck I am doing.

[oarabbus]

it depends, what does that mutual fund invests on? if those variables have a good forecast why not. i assume it has some high risk stuff into tho, u cant go 10% in less than a year w/o the chance of going 10% low

Yeah definitely. It's the VHT health care fund, involves all kinds of health care/medical device/pharma companies. Took huge hits back during the recession but is out of its hole seemingly. And I think health care is going to keep going up in the foreseeable future unless we have another crash

[Mr. Jabbar]

I wanted to buy shares with Netflix when they had that big drop back in 2012 but I always backed out, I believe they were at 90-95/share and today around 300. The portfolio includes a substantial sum with Google which I should sell and re invest in places where they could actually grow, I think they already had their peak for the foreseeable future.

I have to look in to it but I always concede from actually doing anything with the fear of not knowing what the heck I am doing.

agreed

[kenuffff]

yeah anyone with a 401k invests in the stock market.

[kenuffff]

I inherited a portfolio of stocks. Not much of an experience from my side considering I still have not sold or bought any stocks in the give or take three years that they have been in my possession.

um you should hire a financial planner... also no one manages a "stock portfolio" on their own as you cannot make trades without a broker even if its an online broker.

[Mr. Jabbar]

Yeah definitely. It's the VHT health care fund, involves all kinds of health care/medical device/pharma companies. Took huge hits back during the recession but is out of its hole seemingly. And I think health care is going to keep going up in the foreseeable future unless we have another crash

i think its going up too, not sky rocket like other stuff may do but safer

[Mr. Jabbar]

um you should hire a financial planner...

imo, thats the beginning of the end, they buy with the news and u gotta buy with the rumor, no wonder they don't go on commissions but fixed

[kenuffff]

if you want to invest in the stock market look at something like betterment.com, otherwise you're basically gambling not investing, single stocks do not make you money a divested portfolio that includes real estate does. also do not ask people on a basketball forum, people are consider liars about money/investing, just look up what i said, or contact a certified financial planner and they'll tell you what i just told you. without major capital you will not make a ton of money fast in the market.

[kenuffff]

imo, thats the beginning of the end, they buy with the news and u gotta buy with the rumor, no wonder they don't go on commissions but fixed

some of them go on commissions..the better ones charge you a fixed rate to come up with an investment strategy / retirement strategy which includes investing. you're not paying for news, you're paying for someone to sit down and make up a complex tax/investing/retirement strategy built around you and your situation.

[Mr. Jabbar]

if you want to invest in the stock market look at something like betterment.com, otherwise you're basically gambling not investing, single stocks do not make you money a divested portfolio that includes real estate does. also do not ask people on a basketball forum, people are consider liars about money/investing, just look up what i said, or contact a certified financial planner and they'll tell you what i just told you. without major capital you will not make a ton of money fast in the market.

i actually wanted to know stories from bball ppl :cheers:

[Mr. Jabbar]

some of them go on commissions..the better ones charge you a fixed rate to come up with an investment strategy / retirement strategy which includes investing. you're not paying for news, you're paying for someone to sit down and make up a complex tax/investing/retirement strategy built around you and your situation.

i have no experience in stocks besides couple of times i bought with some inside info froma friend and it was good. but ive heard without inside u better stay away from stocks and thats what ive always done so far. like 90% ppl investing in stocks without inside info ends up loosing and going to real estate

[Miss Bella]

Yeah definitely. It's the VHT health care fund, involves all kinds of health care/medical device/pharma companies. Took huge hits back during the recession but is out of its hole seemingly. And I think health care is going to keep going up in the foreseeable future unless we have another crash

They have a substantial investment in biotech. I would personally not invest in biotech if it is a large sum.

[Miss Bella]

um you should hire a financial planner... also no one manages a "stock portfolio" on their own as you cannot make trades without a broker even if its an online broker.

Well duh

[GimmeThat]

the only sustainable stock purchases,
"might" just be one, waiting for people to wake up

as for those who've been awake for so long
makes everything unsustainable


it's a little bit like Peter Pan

with his shadow

[MavsSuperFan]

experimented with day trading (both stocks and options) and Lost about 100k in the stock market over a period of about 5 years

Will only invest in long term stocks nowadays

If anyone is interested I came up with a system i thought might work but I was too lazy and scared to implement it fully.

[oarabbus]

They have a substantial investment in biotech. I would personally not invest in biotech if it is a large sum.

It's a large sum for me, right now as a dude in my mid-early 20s. Like if you consider large sum to be an amount of money with 4+ zeroes at the end, well, it's not a large sum then :lol.

Still kicking myself for not putting money into Tesla. I was telling people it would be the shit prior to the release of the model S and knew it was a great buy back when it was at ~$20 bucks. But I was still an undergrad then and had basically no money to my name. Now it's thoroughly too late.