Stock Stock Stocks

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Skydoll
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I finally have money in my life, so I've been using fake trading simulators to learn how to invest. It's like a really fun game there's no logic to at all. I wanted to just sink a chunk of it into penny stocks but everyone said I'm better off just going to Atlantic City for the weekend if I want to lose money. Does anyone here invest? I can't figure out if there's a pattern to it, I just put money into Gold, Oil, and Sony.

Skydoll
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And now have this in your head

Fano
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My dad has always played a little bit with stocks, but we have always invested in his company, which is a supermarket chain, as it has AMAZING stock options for the employees (being employee owned). It's always been a very sound investment and has provided a very much needed cushion for my finances in coming to France.

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Skydoll
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Thanks for the insider info, sucker

PGoutis01
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I've done it off and on. I've found that the trick is to shoot for modest gains as opposed to trying to go for the huge money. I've had the best luck using the system from Rule #1 by Phil Town. I made a bit of money with this system when energy drinks were first starting to get bigger. I invested in Monster (if I remember right). It was when they first branched out and started creating different flavors.

http://www.amazon.com/Rule-Strategy-Successful-Investing-Minutes/dp/0307...

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Tuffy
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I've owned quite a lot of stock at different times over the years. Never been into the whole daytrading bit; I tend to get it and hang onto it and let it split and sell off a bit when I need liquid asset.

EDIT. I'm reminded that, legally, I can not talk about what was in the rest of this post.

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pepper
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Not really. A little bit, I guess. Nothing I have been personally overly involved with.

Melody
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I have money in stocks, but I couldn't tell you what. You would have to ask my financial advisor.

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labelleza
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We had a fake stock simulation in a high school Business Law class. We started with a $1,000 and competed to see who could make the most by the end of the semester. I ended up in second or third place with about $170,000.

That's how I learned that getting rich is easy. My advice is to invest everything you have in Apple or Google or whatever is on your homepage or desk or pocket at the time. And then forget about it for 18 weeks. It helps if you can go back in time a bit first. Or find some kind of cheat code like I'm sure the two assholes who beat me managed to make $500,000. In real life, I guess the cheat code would be having a really great lawyer.

But I'm an English major. I don't know what the fuck I'm talking about.

Liberum69
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We had the same thing. I didn't do as well (though I did pretty damn good), but yeah, I followed the same rule. Just pick companies you use and trust. Apparently America is less like me and more like jes. So an even better rule is pick a person that's most like the average American and invest in companies he/she loves. They had a King of the Hill episode about this. Bill was that average American. So jes is Bill... with hair... with great hair, I hear.

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Liberum69
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So invest what jes invests in +Rogaine.

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labelleza
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Liberum69 wrote:
So jes is Bill.

That's the meanest thing anyone has ever said to me.

I can't argue with your logic though.

pepper
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You better watch it calling my sister wife Average, sweetheart.

Don't forget we've got you trapped up on this mountain of sarcastic isolation now. And we outnumber you.

Tuffy
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EDIT. Or any of this post whatsoever.

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pepper
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...on paper, I'm worth about a half million, or will be.

Still broke as shit in reality.

Alecia
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From: Frolix-8
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Drew invests some things for us but when he tries to explain it to me I'm just like hominahominahominawhat? I do know enough to understand that it's not day trading. It's long term investing, but separate from our Roth IRA & 401K and...whatever else. Mutual funds or something. I don't know.

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audreythirteen
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From: City of Dreams
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My ass is worth millions if I changed my last name to Lopez or something starting with Lo.

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pepper
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heh.

hey. Does anyone else see the advertisement for 'Stary Eyes' written by Dennis Widmyer & Co. when they scroll all the way down?

Tuffy
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Gutiérrez!

I'v always been partial to Gutiérrez.

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labelleza
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pepper wrote:
heh.

hey. Does anyone else see the advertisement for 'Stary Eyes' written by Dennis Widmyer & Co. when they scroll all the way down?

Yeah, we all see it.

Liberum69
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pepper wrote:
You better watch it calling my sister wife Average, sweetheart.

Don't forget we've got you trapped up on this mountain of sarcastic isolation now. And we outnumber you.

Nag nag nag. You outnumber me, but you forget, you need my one tenth of the rent.

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labelleza
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This guy's a keeper.