 Day Trading Forex possible to make a living? |
Hey,
Are there people in the world who day trade forex for a living? I've read so many articles bashing day trading as gambling and impossible to make money, but I also read some ... |
|
 My investments 10k have been reduced to 4k. How can I grow it back in the short term. Penny stocks? |
| The holdings are in two mutual funds and four stocks. The stocks are almost wiped out but the funds are down 50%. Would trading in penny stocks help in the short term. Any suggestions on specific ... |
|
 Stock hits zero? |
| We own a stock that is sinking fast down to $5.25 from a high of $16.00 We are going to ride it out but the question is what happens when a stock hits zero? Is the company forced into bankruptcy? I... |
|
 What is the best (preferably ethical) way to develop some residual income, starting with ~$25,000? |
Or perhaps you have a better investment idea for that amount? Nothing too incredibly risky please, and I know hard work is probably unavoidably necessary.
And please no "Invest it in me&... |
|
 How to get a mutual fund agency? |
| Now I am selling Insurance products. Somebody like's mutual fund products. So Would like to sell mutual fund products.... |
|
 Never invested before. With the economy the way it is, what should I do to invest for retirement? I'm 24.? |
| I'm thinking of a balanced fund or asset allocation fund to invest in a Roth IRA. But I've been told at this point, I should stick to something less risky...like a money market fund. Let ... |
|
 Should I buy oil stocks now? |
| Seems like a good time to invest in energy. Prices have dropped, and always go up eventually. Or will they go lower?... |
|
 Whats the best online stock broker for me? |
| Im new to stocks i haven't ever traded online. However i have used many virtual trading programs and i have a good concept on how trading works. I believe i am ready to start the real thing. Im ... |
|
 The bailout bill was approved, so why are stocks still dropping? |
Additional Details
That's not an answer. Seriously. The money from the bailout bill was supposed to come from the federal reserves and then paid back by the tax payers.
I... |
|
 How do I learn stocks and bonds? |
| Is that what the DOW and NASDAQ is I always wondered. How do I get learn the business and get rich.... |
|
|  |
bolinger81380 | What are the best options for a new investor? |
I am wondering whether stocks and mutual funds, commodities, foreign currency, or real estate is the best option for a new investor.
Additional Details
My goals are not that of the standard investor. I am looking at this as a business and seek large short term gains with even larger long term goals. I want to be able to build a comfort zone so I can concentrate on my chosen career of acting. |
 |
 
Pete S
|
A lot depends on where your interests lie, and what you have time to do. Whatever you choose, you MUST educate yourself and watch your money. No one will look after your money like you will. Remember--it's YOUR money to lose or make grow.
Are you willing to pay someone to invest your money for you--even if you lose money? Mutual funds.
You want security with a low, fixed rate of return? CDs.
You want to manage your own money and see it grow with little risk (or, at least risk that you can manage)? Stock options (EDUCATE yourself!).
Want to spend a lot of time growing your money, but have a reqarding career at it? Real estate.
Talk with people (certified financial professionals), read books, and find out what draws you. Then follow that. |
|
peshooter
 |
I just started investing too. Right now is a good buying period because to market is down now. If you're interested in stocks I'd stick with the technology sector. That sector is really "bullish" right now. I think I might invest in some financial stock pretty soon. Most of them are experiencing lows due to the credit crunch, yet they are still great companies, i.e. Indy Mac, Citi Group, Goldman Sachs, etc. |
|
Henry B
|
It all depends on your age. You might want to invest half in a long term mutual fund. Like American Funds.The other half can go into riskier ventures like the stock market or commodities.If your older and close to retirement play it safe. |
|
Chad
|
Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work.
Vanguard.com is ideal for long term investors who want to learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks.
Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund.
Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams.
As far as books go, I actually started out with the Investing for Dummies books, and they definitely pushed me in the right direction. To many other books have their own agendas in my opinion.
The websites below all contain plenty of FREE information to get you started in the right direction |
|
liberty11235
|
Stocks and Mutual Funds (perhaps Index Mutual Funds) for starters. |
|
Carlos O
|
3 or 4 mutual funds, each with different focus: US Big cap, International, Bonds and Real Estate should do the trick. Now the question is how much risk you want or are willing to take and why are you saving (retirement, house, college, time share?). If you are saving for retirement and young (<30) you can be really aggressive and go with a portfolio that takes as low as 5% bonds, 50% US, 40% Intl, and 5% real estate. This is risky, but in the long run (i.e. 10 years+) your are extremely safe and should expect returns between 8-10% avg per year. But some years you may have to bite the bullet and stick with "losses" (on paper only) that can also be 8-10%. In the long run, markets always recover, but you have to give them time.
But if you are NOT there for the long run, then you are not investing, but speculating, therefore, Las Vegas is a livelier place to put your bets. |
|
Andy
|
Large short term gains come with a high risk of large short term losses. The best way to understand the issues you face is "Trade Your Way to Financial Freedom," by Van K. Tharp. Tharp is a psychologist who works exclusively with traders -- he understands the math and the psychology; and believe me, it is more psychology than methodology. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 23 minutes(s) ago
| | | |
9 | 33 minutes(s) ago
| | | |
9 | 46 minutes(s) ago
| | | |
9 | 56 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
