View Full Version : Do any of you buy stock?
Random_Guy
12-15-2015, 06:23 AM
So I started buying stock in May this year, currently is at around +7% which is decent I guess (started with around 2000 USDs=>Im not from the states).
The point being, I realized as I was buying stock that a lot of theories, particularly pertaining to human behavioral economics really does reflect reality, shit like wanting to over trade or being over confident happens daily:lol
Interested in knowing about ish's own warren buffets, what do you guys invest in?
Was interested. Still am. What stocks did you buy? There's apps now you can download and do it on.
Velocirap31
12-15-2015, 09:42 AM
Ya, I'm terrible at it. Down thousands. I focus on Nasdaq. I recently invested in CERE and you can google it to see how it's done lately.
West-Side
12-15-2015, 10:06 AM
So I started buying stock in May this year, currently is at around +7% which is decent I guess (started with around 2000 USDs=>Im not from the states).
The point being, I realized as I was buying stock that a lot of theories, particularly pertaining to human behavioral economics really does reflect reality, shit like wanting to over trade or being over confident happens daily:lol
Interested in knowing about ish's own warren buffets, what do you guys invest in?
I diversify, and buy hedges on highly volatile stock.
I'd suggest looking at GBonds of countries in Europe and Asia as a sound investment option'; there's a huge upside potential there with minimal risk.
I already bought $545 worth of stock, it's up 15% over the last year.
I'm keeping it, in 6 years I will pay off my bank loans, watch!
Random_Guy
12-15-2015, 10:30 AM
Was interested. Still am. What stocks did you buy? There's apps now you can download and do it on.
I buy taiwanese stocks :lol :lol
Of the more notable one's you probably know about HTC, its stock price crash by 2000% in the last two years, and yeah its really onvenient to use apps nowadays:cheers:
Random_Guy
12-15-2015, 10:32 AM
Ya, I'm terrible at it. Down thousands. I focus on Nasdaq. I recently invested in CERE and you can google it to see how it's done lately.
wow, maybe stick to passive index funds for a bit? thing with american stock is there is no limit to daily price change, where in most asian countries there is a 10% hard cap
Random_Guy
12-15-2015, 10:33 AM
I diversify, and buy hedges on highly volatile stock.
I'd suggest looking at GBonds of countries in Europe and Asia as a sound investment option'; there's a huge upside potential there with minimal risk.
I already bought $545 worth of stock, it's up 15% over the last year.
I'm keeping it, in 6 years I will pay off my bank loans, watch!
:applause: :applause:
tbh, 15% a year is already amazing, i think even warren buffet himself doesnt make 15%, albiet he does it consistently over the years
West-Side
12-15-2015, 11:17 AM
The biggest loser in the stock market, is a finance major thinking he knows which way the stock will go based on the models (like the CAPM) that he learned in class. :facepalm
Here's a clue; you need to understand micro and macro economics, constantly read the newspapers and able to utilize signaling theory to perfection if you want to be a great "speculator".
But you don't even really need to speculate shit; unless you have inside information (illegal) the best suggestion is always to diversify your portfolio. Buy a bunch of government bonds to mitigate the risk a little and always hedge your stocks that have a high weighted average compared to your overall portfolio. However, understanding economics can get you ahead in the long run. Knowing why commodities like oil, natural resources, gold etc. goes up and down, understanding the impact the government can have on industries (monopolization) etc. is what really earns you profits in the long run.
Idiots think buy stock is like playing poker; sure you can get lucky once in a while, but in the long run you'll always lose.
Why?
Because everyone's greedy and without ample knowledge, you just won't survive.
So don't invest your hard earned money.
Have an E-Trade account.
Made a few hundred bucks probably 5 years ago (about 5k investment). Pulled the money out shortly after. Now it sits in my grandma's safe.
nathanjizzle
12-15-2015, 11:29 AM
i did when i was teenager. i remember my first stock purchase it went up 75 percent in 3 hours. It was a southwest airlines stock. i didnt sell, and it fell back down to +10 percent, i sold it while i was falling and i made some chump change. the next few investments wernt so good.
DukeDelonte13
12-15-2015, 11:30 AM
diversify, diversify, diversify.
Jailblazers7
12-15-2015, 12:05 PM
Too much work to do it if you don't love it. I just throw all of my money into my 401k and pick a diverse variety of funds to invest in.
Godzuki
12-15-2015, 12:13 PM
i'm a gambler investing in big short term gains on down stocks. thats my gambling philosophy, just like horse races, put everything on the longshot :pimp:
Velocirap31
12-15-2015, 12:20 PM
i'm a gambler investing in big short term gains on down stocks. thats my gambling philosophy, just like horse races, put everything on the longshot :pimp:
NEOT is a good candidate for your trading style, right now.
Godzuki
12-15-2015, 12:24 PM
NEOT is a good candidate for your trading style, right now.
hmmm i'll look into it thx. i usually follow like 3~ stocks super down for awhile to see the trends and readinng up on it but there is so much shit its impossible to keep up with much more than that as a side hobby.
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