Day Traders, Guru's, and Stock Market junkies alike...Help Me out...

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  • -=HOAX=-
    Confirmed User
    • Dec 2001
    • 4365
    #1

    Day Traders, Guru's, and Stock Market junkies alike...Help Me out...

    I'm looking to begin investing in the stock market...but I'm coming into this a little blind.

    Please hook me up with some of your favorite resource sites, what are your favorite online trading sites? I need to get some research in and get it fast...I'll take advice, lame remarks, and replies of all types...

    The SINGLE thing I know is this...Now is the time to invest...so help me learn how!
    Insert Value Here.
    Tags: None
    • JFPdude
      Confirmed User
      • Jan 2002
      • 4027
      #2
      Actually last week was the time to invest

      ameritrade.com has an online chat room if you become a customer and there is a wealth of info in there.

        Comment

        • Chris R
          Confirmed User
          • May 2001
          • 1151
          #3
          Here is my advice:

          People have all sorts of advice, but you don't know how much or how well they did.

          In my mind there are only two people with PROVEN track records in the stcok market:

          Peter Lynch
          Warren Buffet

          Here is one of Lynch's books:

          http://www.amazon.com/exec/obidos/ASIN/0671891634

          We know he knows what he is doing as he got about 20% on average over 20 years as manager of magellan

          And we know Warren Buffet knows what he is doing as he runs the most expensive stock in the world (never split it).

          99.9% of people that talk about the market do not have a PROVEN record. They may CLAIM they do, but lynch's and buffet's are a matter of public record. Other can fudge the figures after the fact - lynch and buffet couldn't.

          Oh - and they both say alot of the same stuff.

          my 2 cents

            Comment

            • DeutschHercules
              Registered User
              • Aug 2002
              • 49
              #4
              You are better off putting all your money in a diversified fund from a broker...

              ...take it from a guy who put his nest egg in PSInet and Rare Medium...
              -Bob

              When I read about the evils of drinking, I gave up reading.

                Comment

                • FATPad
                  Confirmed User
                  • Oct 2001
                  • 6693
                  #5
                  Originally posted by Chris R
                  Here is my advice:

                  People have all sorts of advice, but you don't know how much or how well they did.

                  In my mind there are only two people with PROVEN track records in the stcok market:

                  Peter Lynch
                  Warren Buffet

                  Here is one of Lynch's books:

                  http://www.amazon.com/exec/obidos/ASIN/0671891634

                  We know he knows what he is doing as he got about 20% on average over 20 years as manager of magellan

                  And we know Warren Buffet knows what he is doing as he runs the most expensive stock in the world (never split it).

                  99.9% of people that talk about the market do not have a PROVEN record. They may CLAIM they do, but lynch's and buffet's are a matter of public record. Other can fudge the figures after the fact - lynch and buffet couldn't.

                  Oh - and they both say alot of the same stuff.

                  my 2 cents
                  Warren Buffet is the man.
                  <a href="http://www.adultcontent.co.uk">Adult Content UK - Great British Content</a>

                    Comment

                    • salsbury
                      Confirmed User
                      • Feb 2002
                      • 1070
                      #6
                      buy worldcom a few weeks ago at under 8 cents after hours. sell it at 22 cents a week or so ago.

                      i'm full of hindsight.

                        Comment

                        • Just the Village Idiot
                          Confirmed User
                          • Apr 2002
                          • 581
                          #7
                          Originally posted by DeutschHercules
                          You are better off putting all your money in a diversified fund from a broker...

                          ...take it from a guy who put his nest egg in PSInet and Rare Medium...

                          <a href="http://refer.ccbill.com/cgi-bin/clicks.cgi?CA=921196-0000&PA=337888&HTML=http://www.wow18cash.com/">
                          We may as well just give this fucking $$$ away!</a>

                            Comment

                            • -=HOAX=-
                              Confirmed User
                              • Dec 2001
                              • 4365
                              #8
                              Well I'm young and have a bit of cash to play with...I'm not looking to Play the market...only invest wisely for the longterm and maybe take a FEW risks...I'm reading some books and doing some research on the general dynamics and fundamentals of stock investing...thanks for the link!
                              Insert Value Here.

                                Comment

                                • Chris R
                                  Confirmed User
                                  • May 2001
                                  • 1151
                                  #9
                                  I have seen Peter Lynch's books in the bargin bins at Waldens and the like.

                                  If you are looking for long term - he is your man...

                                    Comment

                                    • Wizzo
                                      2011 GFY Hall of Fame!
                                      • Nov 2000
                                      • 15224
                                      #10
                                      Buy M$ it's a steal right now...
                                      Looking for Opportunity!

                                        Comment

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