StockMarket - How to get into
 

Hey guys. With all the jabber about Acacia etc, i'd really liek to get into trading. I'm not abotu to pour my life savings into acacia stocks; but i'd like to have a means in place so I can invest in companies when i want to.

If it makes and difference, i'm in australia.. I gather it's not as easy as jumping on the net and ordering up 500 shares in ZYX then > profit - so who does it.. and what's involved? :)

Thanks
Simon

thats it ! you got it all down ! you sir are now a millionair

step 1. Gather underwear
step 2.
Sted 3. Profit

the underpants knomes :thumbsup

:eek7 step 2! What's step 2!!

Worked like a charm for me!

1. Pick a stock, NYSE or NASDAQ. Preferrably valued at < 50 cents. Buy as many as you can afford.
2. Send out 25-50 Million spam emails over 1 week hyping the living shit outta this stock ("important breakthrough technological discovery", "previously undiscovered copper mines appraised to be worth 3.8 Billion USD", "about to be acquired by second biggest competitor" blablabla)
3. Sell at 5000% profit. Oh and use a fake ID and leave your current country of residence asap. Use an offshore bank for all of this, too.

since you know shit regarding trading,stay away from it and specially from stocks like acacia. You, the adult webmasters are responsible for the rise of acacia's price. We're gonna see funny things in the future.

It's really easy to set up a trading account for the ASX (australian stock exchange). Which bank are you with? their internet banking site should have a trading company attached if it's a major. Trading on the NASDAQ or NYSE is harder... I'm not actually sure how to set that up.

yeah. all i'm wanting to do is have the means to be able to invest quickly and easily when i want to. Online would be great. But any safeguards, tips, etc etc that I shouldnt know about the process would be greatly appriciated.

You can do a bunch of research and read gossip on Australian stocks here: http://www.stockhouse.com.au/index.asp (I used to be the Marketing Manager for these guys and know its one of the leading investment sites there).

walmart -> safe investment
netflix-> revolutionizing an industry and already profitable

arm-> (armhy) most of chips you see in handhelds and cellphone (including motorola and intel xscale) are based on their deisgns

ebay -> nothing comes close in competition with ebay. Not to mention it now owns paypal

if you are serious about learning the stock game buy the following two books.

the intelligent investor and security analysis. both by benjamin graham.

another solid book is 'common stocks and uncommon profits and other writings'

www.asx.com.au

Good place to start...

its extremely hard for me to recommend any stock selling at the kind of multiple that ebay is. paypal could drag their margins down enough to make investors sell next year. we'll have to wait and see.

Do you really think so?
Paypal is in its own league, it has virtually no large competitors now, and you have to admit its easy to use and convinient.

As little shops on the net start to grow, more and more of them I think will start using exclusevely paypal and not credit card solutions.