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  1. #1
    Super Member JHL88's Avatar
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    stock market venture

    Looking to learning up and maybe one day mastering stocks and investing. More particular shares etc. Anyone have any good references or suggestions on where I should start?

  2. #2
    Super Member rangerbay's Avatar
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    Re: stock market venture

    Morningstar, and Barron's. Investor's Business Daily is a newspaper but is very informative, and being a daily, fairly current.

    Good luck,
    Bill

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  4. #3
    Super Member custmsprty's Avatar
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    Re: stock market venture

    Quote Originally Posted by JHL88 View Post
    Looking to learning up and maybe one day mastering stocks and investing. More particular shares etc. Anyone have any good references or suggestions on where I should start?
    Watch CNBC, 6PM Jim Kramer Mad Money.
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  6. #4
    Super Member rangerbay's Avatar
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    Re: stock market venture

    Kramer has several books out on investing.

    Bill

  7. #5
    Super Member FUNX650's Avatar
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    Re: stock market venture

    First of all:
    •I suggest you study-up on the basic
    factors that are said to comprise the
    ”imperial circle" of Reaganomics;
    factors, such as: is there...
    -A growing US economy?
    -A large budget deficit?
    -An appreciating US dollar?
    -A growing trade deficit?


    Secondly:
    •You should keep in mind, that, even
    the most studious of investment de-
    cisions are, in the end:
    -more Alchemy than an actual Science.


    Bob
    "Be wary of the man who urges an action in which he himself incurs no risk."
    ~Joaquin de Setanti

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  9. #6
    Super Member Belair's Avatar
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    Re: stock market venture

    The most important advice is the hardest to follow: don't 'invest' any more money than you can afford to lose. No exceptions to the rule.

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  11. #7
    Super Member custmsprty's Avatar
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    Re: stock market venture

    Quote Originally Posted by Belair View Post
    The most important advice is the hardest to follow: don't 'invest' any more money than you can afford to lose. No exceptions to the rule.
    Invest in mutual funds first and foremost, and stay away from idividual stocks, then the latter becomes an after thought. Leave stock picking to the pro's.

    PS OP, that's Kramer's first rule of investing.

    I have a 5 star rated morningstar nasdaq 100 mf fund invested in it 4 years ago and up 96% in a mf fund! I put $10K in it in my ira and now it's about $19,600.00 giddyup!
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  13. #8
    Super Member Dmb5450's Avatar
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    Re: stock market venture

    As custmsprty mentioned, mutual funds are a great starting place. Read and learn all you can. I really like to spread out my investments. Typically if one area is doing well, another area may not be. International markets is another area to look into.

    I like to invest in things that compliment each other and are America staples. For instance I invest in fast food places and diabetes care. The two go hand in hand and since it’s the American way to eat what we want then ask for medication to solve the issue, I don’t see the trend changing anytime soon.

    I may get a lot of criticism for this one, but I invest in cryptocurrency as well. IMO it’s the future. I hate our banks and how they do business. Custmsprty mentioned his nice gain in the market, and while that isn’t typical it is always nice to see that type of return. I assume he did a lot of research prior to throwing money at it. If you look into the crypto world do even more research than you should with the stock market. I have gained a lot and lost a lot as well. Loss happens just understand that it can happen. Be sure it’s money you are ok to lose. I don’t go to the casino, I know I won’t win. Instead I put some fun money into the crypto world and trust my research and it has been very nice to me so far.

    Last thing I have learned, if you invest and have long term goals, invest and hold. My absolute favorite thing is when the market goes down. I throw more money in, I love when people panic and sell it makes things cheaper to buy and when it rebounds, and it always does, I make money. I saw a higher up in Edward Jones present and his quote stuck with me. It was something to the effect of “ if a dairy farmer wants to make more money what can he do? The response was buy more cows. He can learn about his cows, he can find if a special diet produces more milk, does milking at a certain timer yield more milk?” The same with investing, to make more you must buy more. You need to know your investment and understand they have good times and bad. Good luck!









    Sent from my iPhone using Tapatalk

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  15. #9
    Super Member Cruzscarwash's Avatar
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    Re: stock market venture

    Try practice trading apps as well, u get fake money to play in the current market until you get the hang of things and learn how everything works.

    Sent from my Pixel using Tapatalk

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  17. #10
    Super Member JHL88's Avatar
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    Re: stock market venture

    Quote Originally Posted by Dmb5450 View Post
    As custmsprty mentioned, mutual funds are a great starting place. Read and learn all you can. I really like to spread out my investments. Typically if one area is doing well, another area may not be. International markets is another area to look into.

    I like to invest in things that compliment each other and are America staples. For instance I invest in fast food places and diabetes care. The two go hand in hand and since it’s the American way to eat what we want then ask for medication to solve the issue, I don’t see the trend changing anytime soon.

    I may get a lot of criticism for this one, but I invest in cryptocurrency as well. IMO it’s the future. I hate our banks and how they do business. Custmsprty mentioned his nice gain in the market, and while that isn’t typical it is always nice to see that type of return. I assume he did a lot of research prior to throwing money at it. If you look into the crypto world do even more research than you should with the stock market. I have gained a lot and lost a lot as well. Loss happens just understand that it can happen. Be sure it’s money you are ok to lose. I don’t go to the casino, I know I won’t win. Instead I put some fun money into the crypto world and trust my research and it has been very nice to me so far.

    Last thing I have learned, if you invest and have long term goals, invest and hold. My absolute favorite thing is when the market goes down. I throw more money in, I love when people panic and sell it makes things cheaper to buy and when it rebounds, and it always does, I make money. I saw a higher up in Edward Jones present and his quote stuck with me. It was something to the effect of “ if a dairy farmer wants to make more money what can he do? The response was buy more cows. He can learn about his cows, he can find if a special diet produces more milk, does milking at a certain timer yield more milk?” The same with investing, to make more you must buy more. You need to know your investment and understand they have good times and bad. Good luck!









    Sent from my iPhone using Tapatalk
    Thanks for the post, pretty informative as with everyone who has chimed in. I'll have to make a list and see which areas have potential and are growing. im still doing research on the basics of things I'll have a few days off this week so I'll be doing a lot of reading.

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