BMW X3 Forum
BMW X3 Forum
Welcome to the ultimate G45 BMW X3 community.
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
Post Reply
 
Thread Tools Search this Thread
      01-21-2011, 09:40 AM   #353
BobKingerman
Private First Class
BobKingerman's Avatar
United_States
89
Rep
197
Posts

Drives: 2007 e90 335i, 1969 Mustang
Join Date: Jun 2010
Location: Cleveland, OH/ Andover, MA

iTrader: (2)

Garage List
2007 E90 335i  [0.00]
Maybe he searched "Stock Market", which would have yielded no results.
__________________

2007 335i E90 BSM Depo Tail, Matte Grill, AFE DCI, JB4, Debadge, Matte Black Avant Garde M310, Blacked Out Trim, Mtech v3 AE
Future Mods: Tint, Catless DPs
E90post.com E9x Picture GAME!!! 2 Points Challenges Girl, Office Space
Appreciate 0
      01-21-2011, 11:55 AM   #354
double_j
First Lieutenant
86
Rep
331
Posts

Drives: 2008 JB/B E90 M3
Join Date: Nov 2009
Location: Northeast USA

iTrader: (0)

My advice -

A car forum probably isn't the best place to start your financial research. I'm sure people here mean well and might be successful investors but its kind of hard to tell who is who. Do your own homework, maybe seek the advice of someone you know you can trust in investing matters and become a frequent reader of the WSJ, FT, and some trusted investment newsletters/websites.

Only invest money you can afford to lose. Square away your cash reserves and 'safe' investments (CDs, relatively high interest acccounts) before putting anything directly into the market. Put some of that 'investment' money away in solid blue chips with high dividend returns or market index funds. Don't chase a short term gain until you know what you are doing. Remember the basic principles of risk and return (they move in the same direction). If someone tells you about a stock that sounds too good to be true, it probably is. Stay away from anyone who tells you that you have to invest now or you'll lose the opportunity.

At the end of the day, the stock market is basically legal gambling. The guy who says he knows about 'early phase pharma stocks that are guaranteed to pop' is no different from the guy who says he's got a sure line on the Steelers/Jets this weekend.
Appreciate 0
      01-21-2011, 12:33 PM   #355
bolinp78
G35 convertee
bolinp78's Avatar
69
Rep
1,008
Posts

Drives: 2008 335i (AW)
Join Date: May 2008
Location: .

iTrader: (1)

Quote:
Originally Posted by double_j View Post

At the end of the day, the stock market is basically legal gambling.
If nothing more than to keep this stupid thread going, I completely disagree. If you are throwing your money around at stocks hoping for short term pop (like you mentioned), then yes it's akin to gambling. If you invest with a long-term purpose in low-risk, low/long-term reward stocks, such as blue chips with dividends then it is not akin to gambling. Of course, however, all investing comes with risk attached.
__________________
Appreciate 0
      01-21-2011, 01:57 PM   #356
double_j
First Lieutenant
86
Rep
331
Posts

Drives: 2008 JB/B E90 M3
Join Date: Nov 2009
Location: Northeast USA

iTrader: (0)

Quote:
Originally Posted by bolinp78 View Post
If nothing more than to keep this stupid thread going, I completely disagree. If you are throwing your money around at stocks hoping for short term pop (like you mentioned), then yes it's akin to gambling. If you invest with a long-term purpose in low-risk, low/long-term reward stocks, such as blue chips with dividends then it is not akin to gambling. Of course, however, all investing comes with risk attached.
Unfortunately since day trading really became huge with the public at large, there are just too many people out there who think of the stock market as a way to get rich quick. Long term investors (who believe that stock price should actually be related to expected future payouts) are few and far between.

Many 'investors' nowadays would be better off playing blackjack with their extra money. At least then they wouldn't be under the delusion that they're experts about anything real, or even worse, be able to sucker somebody else into losing money, too.
Appreciate 0
      01-22-2011, 02:53 AM   #357
Inspired
Colonel
Inspired's Avatar
153
Rep
2,368
Posts

Drives: 335i
Join Date: Dec 2007
Location: California

iTrader: (2)

Exxon? Anyone keeping up with them? Their stock is sky rocketing and is continuing to..
Appreciate 0
      01-22-2011, 01:44 PM   #358
E92TTKING
Colonel
E92TTKING's Avatar
Greece
260
Rep
2,257
Posts

Drives: e92
Join Date: Oct 2009
Location: Merica

iTrader: (10)

Talking

Quote:
Originally Posted by r53s65e90 View Post
Ρε συ πατριώτη Άλεξ! Τι περιμένεις να μάθεις με τη μαλακία που δέρνει το off topic;;;;;
χαχα το ξερω ρε. που μενεις στην California? σου αρεσει εκει?

εχει ολη κινεζι εκει? χαχα

Υια ρε μαλακα
Appreciate 0
      01-23-2011, 01:17 AM   #359
persian54
Lieutenant General
persian54's Avatar
United_States
970
Rep
15,818
Posts

Drives: M760/G83M4
Join Date: Jun 2009
Location: The Valley, SoCal

iTrader: (298)

Quote:
Originally Posted by double_j View Post
Only invest money you can afford to lose.

At the end of the day, the stock market is basically legal gambling.


I agree completely

But in a way, you have an advantage over regular gambling in that you hear about the news, reports, etc.

You have no idea what cards you will be dealt (unless you can card count very well)
Appreciate 0
      02-20-2011, 04:43 AM   #360
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

SLV should continue to do well. First target is $35 then $40 and then possibly $50 this year.

http://www.google.com/finance?q=slv

I also like NVDA. First target price is $30 and then off to $40 this year as long as the stock market does not crash.

http://www.google.com/finance?q=nvda
Appreciate 0
      02-20-2011, 08:54 AM   #361
Augenbrauezug
Captain
Augenbrauezug's Avatar
69
Rep
658
Posts

Drives: mk6 GTI
Join Date: Oct 2010
Location: Denton

iTrader: (1)

I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.
__________________
Bimmer-less ATM
Quote:
Originally Posted by JayKay335i View Post
Straight PIITB. Then eat dumplings.
Appreciate 0
      02-20-2011, 10:05 AM   #362
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by Augenbrauezug View Post
I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.

This should be good.

http://www.bloomberg.com/news/2011-0...n-u-s-ipo.html
Appreciate 0
      02-20-2011, 10:30 AM   #363
Buegie
Captain
Buegie's Avatar
United_States
51
Rep
714
Posts

Drives: 330xi
Join Date: Feb 2008
Location: CT/DC

iTrader: (2)

Quote:
Originally Posted by Augenbrauezug View Post
I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.
read investopedia, good basic info.

ETF's are exchange traded funds. They're similar to mutual funds in that they are groups of securities that you buy into in order to spread your risk around. MF's though are marked to market, meaning that they are settled at the end of each day at 6pm and the gain/loss is computed. ETF's on the other hand are traded just like equities and their values move throughout the day.
__________________
Black Dakota | Aluminum | Sport | Premium | Cold | iDrive | CA
Appreciate 0
      02-20-2011, 10:30 AM   #364
Augenbrauezug
Captain
Augenbrauezug's Avatar
69
Rep
658
Posts

Drives: mk6 GTI
Join Date: Oct 2010
Location: Denton

iTrader: (1)

Quote:
Originally Posted by stylinexpat View Post
Danke, I think it's funny I'd trust the guys and gays here in OT before I'd trust any random google search with my finances.

LMFAO I meant guys and gals. I'll leave it for comedic value.
__________________
Bimmer-less ATM
Quote:
Originally Posted by JayKay335i View Post
Straight PIITB. Then eat dumplings.

Last edited by Augenbrauezug; 02-20-2011 at 10:38 AM..
Appreciate 0
      02-20-2011, 02:33 PM   #365
Inspired
Colonel
Inspired's Avatar
153
Rep
2,368
Posts

Drives: 335i
Join Date: Dec 2007
Location: California

iTrader: (2)

Exxon continue to go..

http://www.google.com/finance?q=exxon
Appreciate 0
      02-20-2011, 02:37 PM   #366
Shorting
Private First Class
Shorting's Avatar
Serbia
17
Rep
110
Posts

Drives: LCI 335i
Join Date: Jan 2011
Location: OC, Ca

iTrader: (0)

nice didnt know this thread was here
__________________
Appreciate 0
      02-20-2011, 03:44 PM   #367
BayMoWe335
Colonel
1206
Rep
2,132
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

I've made some quick/easy money on XOM, V, CSCO, VZ, DIS, BAC, GLD, WFC, RIG, BP, LVS, YHOO, HPQ, AAPL, and others. I enjoy investing and have very black/white rules to keep emotion out of trading. I make 20-25%, I take some or all off the table. I also separate my short and long term investing strategies. Sometimes, I take it off the table even sooner (maybe at 10%). That hurts when the stocks you were in keep going up after you sell, but protects you from being too piggish and losing your profits. You have to stay zen about the whole thing and remember any profit is good. You also need to know when to admit you're wrong, unless you can hold for a long, long time.

A word of warning: This market has been extremely bullish for the last 6 or so months. It was even better from about Mar09 to Mar10; everything was up. Dipped a little, now same story. Basically every company made you money if you were long, so it would appear you are a genius stock picker during those times. Be careful. This market has run up a lot and might even run up more. I am struggling with the prospect of getting too deep in at these levels because a pullback seems to be imminent. Not a crash, but maybe a 10% pullback. I am roughly 50% in and 50% out at the moment. The above companies are examples of solid, large companies that had success in the past and were beaten down during the last recession. You just have to have confidence they'll turn it around and become great again. Many of the above did just that.

Last edited by BayMoWe335; 02-20-2011 at 03:54 PM..
Appreciate 0
      02-20-2011, 06:11 PM   #368
achien
AC
Canada
95
Rep
2,387
Posts

Drives: E90 Post Members Crazy
Join Date: May 2007
Location: Toronto, Canada

iTrader: (0)

time to sell or short some stocks...

you know the bull market is over-bought when you have e90 members talking about stocks...
__________________
Your Supreme Leader
Appreciate 0
      02-21-2011, 02:16 AM   #369
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Silver is doing good so far today in Asia and Europe.

http://www.kitco.com/market/


SLV should see some nice gains when Market opens back up on Tuesday in the US.
Appreciate 0
      02-21-2011, 11:07 PM   #370
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

My SLV Targets should hit this year. and I have a target price for $110 for OXY.

http://www.brisbanetimes.com.au/busi...222-1b3iq.html
Appreciate 0
      02-21-2011, 11:08 PM   #371
JayKay335i
Banned
Egypt
198
Rep
5,046
Posts

Drives: ///M323 DCT
Join Date: Apr 2009
Location: North Dakota; its best DUHHHHHH

iTrader: (1)

Quote:
Originally Posted by stylinexpat View Post
My SLV Targets should hit this year. and I have a target price for $110 for OXY.

http://www.brisbanetimes.com.au/busi...222-1b3iq.html
Damnnn. I sell my OXY for $20 each.
Appreciate 0
      02-22-2011, 02:11 AM   #372
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by Augenbrauezug View Post
Danke, I think it's funny I'd trust the guys and gays here in OT before I'd trust any random google search with my finances.

LMFAO I meant guys and gals. I'll leave it for comedic value.

Keep an eye on my calls then
Appreciate 0
      02-22-2011, 06:45 PM   #373
jlspeed29
Major
jlspeed29's Avatar
510
Rep
1,389
Posts

Drives: F80 SO ZCP CCB
Join Date: Aug 2007
Location: Somewhere along PCH...

iTrader: (0)

Garage List
2008 335 coupe  [8.00]
Quote:
Originally Posted by MrRoboto View Post
SIRIUS has treated me well so far.



also...thank you Lybia...USO up 5% today
__________________
A fisherman always sees another fisherman from afar
Appreciate 0
      02-22-2011, 10:10 PM   #374
hl0m4n
Major General
hl0m4n's Avatar
United_States
2305
Rep
5,627
Posts

Drives: BMW
Join Date: Nov 2006
Location: NY

iTrader: (58)

we shoulda all bought stocks of netflix back in the day for cheap at $20 and sell now at $200 . their 5 year chart really impresses.

also under armour was once $12 and is now $70s.
__________________
Cars: 07 335i ► 08 328i ► 11 328xi ► 13 M3 ► 17 M4 ► 14 M6
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:08 AM.




x3:
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST