 Inheriting $250K and looking for some financial advice? |
| I am a 21 year old male college student currently living in North Orange County. I am preparing to inherit about $250,000.00 from a family member's estate, and I am somewhat unsure of what to do ... |
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 How much are the investment fees for a 401k?? |
| I just got the paperwork to enroll in the company's 401k plan. They provide two options: self-investing or via their investment firm in Philadelphia (for a fee). This is all new to me, so which ... |
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 Best investments? |
| im am 16 years old and just starting off in the stock market. I have $7000 to put in, i know how the market works but what is the best business to invest in? i am on a 10 year plan until i can take ... |
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 I will be leaving my curent job and have $100K in my 401K to rollover to an IRA. What should I invest in? |
| I am in my mid-30's and won't need the money for a while. I already have 85K in an IRA. I was thinking ETFs like SPY or QQQQ, but didn't know if other alternatives would be better. I... |
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 I am looking into investing $100,000. I will potentially be charged 1.25% quarterly on the portfolio so what i |
is the actual quarterly rate?
Thanks for your help.
Additional Details
Oh I am going to make sure on that before I give any money of course. The thing is that if it is 1.25/4 ... |
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 What stocks do you like? |
Give examples of all-
-Short-Term
-Mid-Term
-Long-Term
Also, Growth and Value Stocks.
No pennies either.
Additional Details
I meant give ... |
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 Does anyon ehave any get rich quick ideas? I have a couple of thousand to invest in? |
located in georgia
I dont mind internet buisness
i just want something that realy ... |
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 What exactly makes shares and stocks rise and fall? |
| What exactly determines, for example, the percentage point drops and rises? Who or what gives those numbers?... |
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 Which online saving is the best? |
| My wife and i are saving for a house, but the money is currently in a regular bank savings account and all we get is about $32 in three months. This is ridiculous. We want to save the money in the ... |
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kerr to u | What's a good strategy when buying and selling stocks? |
what is something that you have tried. My strategy is setting a limit price for a stock that fluctuates regularly, and basically buy it when its low and set another limit price to sell it when it increases but right before it reaches its maximum. Any suggestions? and please tell me if my idea sucks and why |
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Jerry M
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Buy stocks that have made substantial moves on high volume and have continue to move upward since then. Place a stoploss around 7-8% below your purchase price and move it up cautiously but less closely, as you begin to see a net profit. Continue trailing your stoploss as the stock advances, and let it decide when the time is right to sell. If you do get stopped out, take a breather to evaluate whether you misjudged that particular stock before deciding whether to buy it back or look elsewhere. |
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Common Sense
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Using charts to find resistance and support is one of the most basic ways to find good entry and exit points. You're doing that without the tools. You'll find learning basic charting will greatly improve your performance.
Keep in mind most professional traders look at buying of a stock as only 10% of what makes a trader successful.
The most important (60%);
Market trend/direction.
Other important things are;
Placing a proper stop.
Always having an exit stradegy.
Get out if trade is going against you.
Have a full plan before entering the market.
You're on the right path.
Read as many books as possible.
Some good ones include;
The Disiplined Trader
High Probability Trading
Trade Your Way To Financial Freedom
Trading For A Living. |
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slavaret2
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I'd second Jerry M on the strategy and Spock and Common Sense on everything else.
You may also want to consider joining:
http://finance.groups.yahoo.com/group/TradingZoom/
- a free stock picking group on Yahoo - to bounce your trading ideas off other experienced traders. |
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D
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I don´t subscribe to day trading, its just to risky. I buy companies who have been around but have come down for whatever reason, but still have their fundamentals in place. I am carefully watching financials waiting for that buy opportunity. Those will do great in the coming years, we will always have banks, and banks are in the business of making money. A good strategy is to buy companies that are undervalued and hold for the long term. THere are no get rich quick schemes in the market, too much emotion with day trading. If you buy a company based on good fundamentals, you know you will never sell, even when everyone else is. |
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TC
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You're idea is a good start, but you need to incorperate valuation into it as well. In otherwords, you have to find and buy stock in companies that have real intrinsic value and are underpriced. See http://en.wikipedia.org/wiki/Value_investing |
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dustinkinney007
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Your Strategy of setting a limit price for a stock that fluctuates regularly, and basically buy it when its low and set another limit price to sell it when it increases but right before it reaches its maximum is:
only good if:
A) you can predict the highs and lows for the stock
B) you profit enough from the trade to justify the taxes and capital gains expense
C) you account for commision, which depends on the Brokerage house
otherwise it sucks, and here is why: Buy and Hold, in general does better than random trading. |
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Spock (rhp)
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that is called the 'rolling stocks' method and has been hyped to death by an ungodly number of hucksters, some of whom were actually convicted of various crimes. The one I recall outright lied about his success rate and track record -- he was losing nearly as much in the markets as his victims were paying for his 'method'.
there is no fixed method for making profits in stocks. or in anything else that trades. if there were, someone would sell it to hundreds of thousands of traders and it would stop working because everyone would be following it.
learning, study, and work might result in you developing a series of methods, some of which work some of the the time. If you then understand when the time is right for any particular method and play only that method at that time, you'll do ok.
one of the people I try to learn from used to start his intro seminars by reporting that 49 of 50 new traders exit the markets within 2 years after having lost some, all, or more than all of their capital.
the markets are filled with pros ... all of whom are trying to take as much of your money every day as you'll let them.
it is learn or lose. |
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ChicagoMan
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Day trading is a horrible idea! Seen way too many people lose everything. Be smart, conservative, and focus on the long-term. If you must daytrade, volatility is your best friend. |
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