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Do you guys do any investing?
 

Can't help but to be interested in this. I hear about it quite often and i remember seen shows on things like this all the time. Some were how people became successful and some were how people scammed others to become wealthy.

The recent conversation i had about this was with my sisters boyfriend. He works at a company and has a co-workers that is his really good friend. That friend is really good friends with an investor. Long story short, he told me this investor is really something. Only invests peoples money that he 100% trusts and he takes nothing lower than 300k. I thought he was full of BS since he does joke around a lot and tries to play stupid with your mind but he was telling the truth after all.

Went to the guys house since his co-worker friend is really good friends with the investor and the guy had a friken mansion.... it looked like an billionaires house. Which definitely made me believe that this guy was legit..

So this brings me to a conclusion that investing money is no joke. Its a risk but it can also bring in huge profits. Is anyone investing in anything? Gold? Apple? Other stocks? Anything?

Here's the worst part. The best investment scammers in the world sound exactly like this guy. Of course they have a bunch of flashy extravagant things to impress investors. And the "friend of a friend" story is as old as time. If you really had $300K, you'd be an idiot just to throw it at some random person.

You want to know the best way to learn about investing? Start small and profit small. Establish consistency. Build a savings, then a separate holding of funds you are willing to invest with and willing lose all of it. Spread your investments out like Land-O-Lakes.

Now, stop with the fairy tales about a world you clearly have no experience with.

Ah, the Come On Down and Rip LoopHole off 1st episode commences.

I'll get the pop-corn ready
:cheer:

thread now in the Money Talks sub-forum :)

And look a sticky started by aspkin.

http://www.aspkin.com/forums/money-t...y-trading.html

Remember Loopie,

All that glitters is not GOLD :doh:

Investing in the stock market is stressful and yes you can make and lose a lot of money in it.

I'm out of the stock market currently, I'm investing in real estate at the moment. Money is too cheap and home prices are too good to pass up.

In the past few years I've gained more then I've lost (in the stock market). If you can handle the stress and you have time to research and learn about what you're doing, you can make money.

Aspkin knows whats up... real estate is where the money is right now....

if you have a good eye real estate will always be king because you have such room to make money. it is very important to have money besides your investments. investing in real estate and not having money left over can lead to DIRE circumstances. you can have a 1 million dollar house but no money to eat. even through bad times there is nothing better than real estate, at least that's what i've been told

Honestly, since they declare QE 3, I will put my money on stocks.
Plus the election, it would make the stock market to go upward.
I'm very bullish.
:clap::clap:

Just my 2 cents.

dont wast your money, if it sounds too good to be true, it is not. Sounds like Madoff, dont waste your money

Invest in real estate and you will never go wrong...I have already 2 property and currently looking to buy another one..... if you do not believe me listen to aspkin

Good luck

[This is my own personal experience regarding stock trading]

A few months back a thought to myself, why not learn FOREX or stock trading?
If other people can do it and making money with it, I can do it too. Of course, only about 5% of the traders are actually making money, the other ones are all losers, but hey, I do believe that I am up there in the 5%.

Anyway, long story short, I discovered that even if you're in that top 5%, you need a tremendous amount of time and energy to become a decent trader.
You will have a hard time filtering out the junk and finding good educational information on the internet (or you can try to make some research for some books and start reading a few), you will go through an information overload, and the worst part... several times you will think that you have it all figured out already and you will start making trades and you WILL lose money.
The bottom line is that you have to educate yourself, have nerves of steal (as aspkin pointed it out), be very disciplined and have some money that you don't mind loosing.

The good news is that there's also an easier way to make money on the stock market.
It didn't take too long for me to find websites where you can find ratings and reviews of various stock trading websites, newsletters, brokers, blogs, stock picking services etc.
I'm sure I can not mention websites names here, so just make a google search for these type of things (or you can PM me for the exact name), and eventually you will find it.
It's like Amazon :) - before you pay for something, before you sign up with any service, you can read other people's opinions and experiences, and you will know exactly what't worth spending money for.

Anyway, I'm using a stock picking service.
There is this guy who has years of trading experience and just like aspkin said, he earns more than he looses. If you have at least 10k, this guy's picks will make you 2-3k profit a month. That's not bad for a $30-$50 per month subscription.
The best part is that all you need to know about stock trading is how to place a trade, otherwise it's like a passive income, you don't really have to do much.

Wow, this post got too long, gotta go, if you guys have any questions, ask, write me PM, I'll be glad to help.
Have a nice day!

In terms of the US, I think property prices will go even lower and the $ will fall. With property, I doubt you will ever get the soar on your investment you had in the past.

As for trading 90% are the suckers, if you get in to the 10% you will maybe lose slightly less than you gain, the 5% is where its at.

As for your stock picker alnev, he is getting you 25%-30% per month? how much gearing and borrowing is going on here - dangerous, you can lose that much per month too, it sounds like BS. No way, if you consistantly make 5% per month without those risks, you are doing well.

People can make decent money playing the stock market. I've never lost money but I don't play much and have a good eye for the ones I pick. The major way that people kill the stock market is people like cong ress and others with inside info. It hardly becomes a bet at that point.

And anyone getting you 25% a month will soon be on that show american greed. You might make a few bucks, you might also lose it all. Is it worth it?

Anyone who makes 20% per month is blowing nothing but hot hair. The best investors in the world only make 20-23% per year, and they are loaded with tons of fees or backend fees.

For some years until 2008 I worked for the firm Morgan Stanley as a stock analyst. I never handled anyone's money, just do research, type the report and handed it off to the brokers. They are where the ones who decided, based on our picks, the best stocks to buy or dump.

One of my boss' once gave me $10k to see how would I do. Lets just say after 6 months, I gave the money back with loss. I can do the research but could not handle the stress of loses. I like doing research here and research there. But the constant stress really gets to me. But it depends on how someone handles that stress.

I am still in the "game". I have my small positions in various companies but I mostly put all my money into mutual funds. I research the mutual funds I like based of my experience and I get into it. And I still do some work with my old boss at Morgan.

How I learned all of this is that I went to College to learn this and did my internship with Morgan right out of school. But I really started with them while in school. I walked into their Vegas office branch seeking any entry level position. I was told that no jobs were available so I kept coming back until I could speak to one of the top brokers. I finally convinced one of the brokers to work for him, not the company, for min. wage. I did all of the dumpiest jobs for him and he caught me the basics that are not taught in school. I waited my time, finished my degree, and finally landed a job at the same office. I learned a lot from him and to this day we still chat about anything.

***and yes, insider trading happens 1000% more then people think. It's just not spoken out to the public.

American greed is one of the fav. TV shows..lol
I am torrenting all of their shows right now.

I would not let random individuals invest my money - with all these Ponzi scams going on. You have time to learn? Go for it - friends of friends are notorious for these scams...Madoff started like that.

Just be wise about how things go is what I am saying - like eb/pp - SPREAD the risk.

Guys... :)
Let me start off by saying that I'm not selling anything here, not even advertising anything, I am sharing a personal experience.
I am making you a favor by giving you FREE information, showing you a short-cut to actually making a few bucks with stock trading.

Now, I will take my time to answer you skeptics one by one, but (hmm... there is a signature here on the forum, don't remember who has it, but it says something like) "I'm not responsible for you not being able to make good use of an advise".
Most of you are literally holding on tight to that 95% loser mentality, the least you could do is to make a google search for what I was talking about in my previous post and educate yourself before being so cynic and dismissive.

(Sorry for being so harsh, but it's a little bit revolting how people think that they know everything better.
Socrates once said "The only true wisdom is in knowing you know nothing.")

it sounds like BS:
There's no reason for me to BS you.
Heck, I didn't post nothing on the forum for a few months and now I come back just to waste my time BS-ing?

Gearing an borrowing:
Currently I am on a cash account, but it doesn't really matter if it's cash or limit, the important thing is to be disciplined when you trade. Have a plan before you even enter a trade.
Take your 5%-10% profit per trade, don't be greedy, and take your losses even quicker, get out if things don't go the way you planed. Move on, find other trading opportunities.

you can lose that much per month too:
The stock market is not a casino, there's a science behind trading. What you have to do is what Einstein said: "You have to learn the rules of the game. And then you have to play better than anyone else."

I have a feeling that you still have to place your first trade. Ever.
Before that make a google search for "stop loss orders".

Judging from your post you look like a smart guy, so I'll explain what exactly the stock picking guy is doing, because you will understand it and realize that it's not just hot air.
He's looking for stocks with extremely low RSI, strong support lines, possibly multiple bottoms, strong performance compared to the general market, imminent short squeezes, and obviously technical analysis for entry and exit points, plus keeping an eye on news and rumours.
I'm not an experienced trader, there might be more stuff what he includes in his analysis, but whatever he's doing, he's doing it right, because he's making me free money.

As I said, there's reviews about these kind of services, real experiences from real people. You will obviously not give your money to a random individual.
I made some research, decided to try him, what's the worst that could happen, lose $100 or $1000? We all lost more than that before, and we came back smarter and stronger.

Ok, with all that said, just a reminder, make yourself a favor and don't let your scepticism get in the way: go out there, read, try new stuff, dare, don't be afraid to make mistakes and eventually you might make a few extra bucks.

Have a nice week-end everybody!

Alnev ill let you write my sales pitch anyday but other than that stop trying to sell dreams to hard working people. The majority of people here seems like they would rather work hard for their money than TRY to make a quick buck

Thanks for the reply..... But no where in my post i said i have experience with investing. Not sure where you read that at. Please point that out for me when you get a chance. And maybe it is a fairy tale. Its a story i just heard. There really is no need for you to add that little last sentence acting like your some big shot who knows everything in the world. I ask questions to learn, some are stupid some are even more stupid. Don't like them don't answer.....

You post a lot of clutter nonsense constantly on this forum. It's really hard to avoid putting you in your place. Every once in a while, I see your posts get removed, making my day a bit brighter.

And back at you.

Dont like a post, there is a REPORT button to use.

Saves flamming.

Try it next time=}

How well versed are you with scams?

Probably, AND luckily not too well versed. Loopie, the appearances of people often belie their true selves.

Just because you went to a house supposedly 'owned' by this dude, you have no idea of knowing if he even was the actual owner. Scammers create images to pull in victims. Re-read what you wrote. You 'saw' a mansion', the guy is legit. Trust me, that does not make him legit.

To proceed in a world of finance, either by buying stocks or buying real estate, your first and only rule must be the protection of YOUR MONEY.
It's an area where one starts slowly, surely and carefully. It's an area where, say your bank roll is $20,000, you retain $15,000.... another adage for you,Loopie

A fool and his money are soon parted.

That my young friend is based on watching people years older than you lose entire life savings, including superannuation because of glossy slick showmen. Those men were con artists.
:peace:

this reminds me of the movie revolver and a great lesson/idea of the movie, "you can only get smarter by playing a smarter opponent"

My best investment? No secret, just search for a seller named savedwhiskersrescue on eBay...

Oh... You meant a MONETARY return??? ;)

Property that you can rent out. It has to make financial sense, though. No more relying on 10%+ yearly appreciation to make a deal work. There is no substitute for having 10 or more tenants paying down your mortgages every month. That STILL WORKS!

The stock market? Yes, if your investment horizon is long term and you invest for VALUE. That still makes sense.

If you are looking for 300% per year returns, that will always be a crap-shoot. Higher returns means more risk. There is just no getting around that. But plenty of people will be happy to take your money and tell you it is possible, with little risk. Good luck with that.

Look im going to be honest. I am 20 years old. I say and do dumb things. I post threads to get peoples opinions and their thoughts. I learn from them. I appreciate your responses even if they offend me. I learn from them and move forward. You are not an admin so the my clutter non sense should not be your worries. You are a member just like i am. We can post anything we want. So worry about yourself and i will worry about myself.


Also my posts get removed for certain reasons. Those reasons should not concern you. To make this very simple, worry about yourself and i will worry about myself. Don't reply to my threads if you have nothing good to say.

That my friend is where I want to be at. I always wanted to get into real estate investing with having a few duplex or fourplex apartment buildings. It's going to take some time to start with a duplex.

This is almost exactly what I'm planning to do by the time I'm 30, maybe even younger. But, damn here in LA the prices for apartment buildings, hell even small 2 unit joints go into the hundreds of thousands.

Not sure about you all but, It's gonna take a bit of time to reach a couple hundred thousand through eB earnings. I've been working my ass off almost everyday save a few months since 2010 and haven't even a third of that amount.

Anyways, whatever any of you decide to do, don't put everything in one basket. From what I've learned about money so far is it's best to diversify and as elementary as it sounds, spend your money on more assets.

If they are that much you might need to head somewhere cheaper. Prices anywhere in LA is expensive.

Spread the risk - stock, metals, real estate, some bank sets...best way to do it.

Got money to risk hard? Gamble it up

And what about the rest of the USA?

You go somewhere low

Start slow and move upwards....

Use google to find out the realtor spots that have a doable price range :juggle:

Sick property prices in Australia btw GB...ugh

Yeah, I am looking at the EU for chances now :thumb:

Did OZ several years ago.

Got out of real estate here about 4 years back.

:clap:

Instead of trading stocks and worrying about high risk, why not just get into less risky, longer term investments like mutual funds and such?

in today's world i don't think there is such a thing as less risky. as seen in the past few years, any market can go belly up overnight. the only thing that can help is reading EVERYDAY and all the time about the field you are investing in and trying to see the future. this is the only way to save yourself money and headaches

I trade a little with forex and it's easy to make 5% on your investment every month with almost no risk... and I also never read a forex book in my life, just used common sense.

Lmao...you Americans got it easy down there. Here you can't even find a decent accommodation for under $170,000.....even in small suburbs. There's alot of Canadian investors in Florida and California. I live in a shoe box. :)

Come to Nevada, there is tons of property here for under $50k. It will be like this for some time.

Yotano you on that Nevada property? Hmm I might be down for something to rent out ha

Nevada has ghost towns in it, pretty scary actually