GoFuckYourself.com - Adult Webmaster Forum - Day Traders, Guru's, and Stock Market junkies alike...Help Me out...

GoFuckYourself.com - Adult Webmaster Forum (https://gfy.com/index.php)

- Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)

- - Day Traders, Guru's, and Stock Market junkies alike...Help Me out... (https://gfy.com/showthread.php?t=70284)

-=HOAX=-

08-01-2002 01:04 PM

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!

JFPdude

08-01-2002 01:07 PM

Actually last week was the time to invest :Graucho

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

:thumbsup

Chris R

08-01-2002 03:24 PM

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

DeutschHercules

08-01-2002 03:26 PM

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...:BangBang:

FATPad

08-01-2002 03:28 PM

Quote:

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.

salsbury

08-01-2002 03:33 PM

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.

Just the Village Idiot

08-01-2002 03:43 PM

Quote:

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...:BangBang:

:1orglaugh :1orglaugh :1orglaugh

-=HOAX=-

08-01-2002 03:52 PM

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!

Chris R

08-01-2002 03:53 PM

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...

Wizzo

08-01-2002 04:04 PM

Buy M$ it's a steal right now...:winkwink:

All times are GMT -7. The time now is 06:34 AM.