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Making Money Flipping, Investing, You Name it. Let’s discuss other ways of making money!

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Old 04-07-2010
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Default 10G's of Play Money, What would you do for profit!

I'd ideally like to get into the stock market but in order to day trade I know I need 25K invested. The most I'd invest into a brokerage account is 2k-3k. What would you guys do? Ebay hustling has made me kind of sick lately.
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Old 04-07-2010
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Don't day trade, find some companies you like and invest in them for the long haul.

If I did that instead of day trading last year I would of made 400-500 percent more money.
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Originally Posted by aspkin View Post
Don't day trade, find some companies you like and invest in them for the long haul.

If I did that instead of day trading last year I would of made 400-500 percent more money.
So I just opened an TD Ameritrade account, Cash Only. I'm going to start of with 2500 and diversify it a bit. I might do a little bit of swing trading. I'm already in a 401k at my workplace at 12% of my pay matched dollar for dollar so I think I have the real long haul covered. I'd just like to make decent earnings from week to week with this brokerage account if possible. I'm going to take this as a learning opportunity and hopefully make something out of it.

Wonder if there's any benefits to having a TD Bank account. It's what I use for my stealths. Hmmm.
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12%? Where do you work?!?!
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And don't buy penny stocks either, I've still got about a million shares from a few years ago all under a penny a share.
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Old 04-08-2010
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Originally Posted by First Edition View Post
12%? Where do you work?!?!
A Fortune 500 Pharmaceutical Company.

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Originally Posted by jbuntz View Post
And don't buy penny stocks either, I've still got about a million shares from a few years ago all under a penny a share.
I remember almost opening a Scottrade account a couple years ago to get into that.. Do people really make money off it from your experience?
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Old 04-08-2010
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I think citibank would be your best bet, it's probably going to go up next year.
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Heh, C will get there eventually, it's a good long haul investment.
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why stock market? in stock market, investers are happy with 8-10% roi. Ebay allows 100% + roi all day errryday.....no brainer imo.
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Also, think CNK, Cinemark Holdings, they are the largest holder of 3d movie technology. Everyone seemed to get a hard on over avatar....plus 13 new 3d releases this year. 3d has been compared by Jim Cramer as tv going from black and white to color.
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Originally Posted by EbayHustle View Post
A Fortune 500 Pharmaceutical Company.



I remember almost opening a Scottrade account a couple years ago to get into that.. Do people really make money off it from your experience?
I think the only ones that make money from penny stocks the insiders, most of em are all scammers with dummy corporations.
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Originally Posted by PatricioNut View Post
Also, think CNK, Cinemark Holdings, they are the largest holder of 3d movie technology. Everyone seemed to get a hard on over avatar....plus 13 new 3d releases this year. 3d has been compared by Jim Cramer as tv going from black and white to color.
I think it's another passing fad, but that's just me.
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Old 04-14-2010
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Ughhh, I missed out on 4 thousand dollar profit yesterday due to unsettled cash and not having non-marginable funds!
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Old 04-14-2010
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I like the stock market the past couple days.
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I like the stock market the past couple days.
How do you get passed unsettled funds? I've missed out on huge opportunities cause of it and not having non-marginable funds.
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I have a margin account.

What did you miss?
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Quote:
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I have a margin account.

What did you miss?
How long after one tries to upgrade their account to a margin does it take for approval? Missed out on GOIG.... Had good information on it but couldn't purchase any shares... I had to sit back and watch it grow 40% or so yesterday. They're not having a good day today but oh well, my shares would have been sold yesterday....

With a margin account I take it you don't have to wait for funds to settle after a trade?
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