Investing
Thread Starter
Shake n Bake!
Joined: Feb 2006
Posts: 11,794
Likes: 1
From: Pittsburgh, PA
Thanks guys, I have a ton of companies on my ticker and now I've just gotta decide who I want to invest in..
Anymore keep'm coming! Is it sad that I'm having fun with this new interest?
Anymore keep'm coming! Is it sad that I'm having fun with this new interest?
Checking it twice
Joined: May 2002
Posts: 13,539
Likes: 0
From: Twixt Hell/Ann Arbor MI
Aastrom but you have to watch it closely and listen to what goes on with stem cell research...ASTM I think is their symbol they hover in the $1.20 range and then all of a sudden jump up over a couple of months to the $5-$6 range and then fall back to the under $2 range.
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Life is not a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming ...."WOW! What a ride!!!!!"
LUNCH with THEOLDMAN...On a break for now...
Life is not a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming ...."WOW! What a ride!!!!!"
LUNCH with THEOLDMAN...On a break for now...
Schiggity
Joined: Dec 2004
Posts: 1,049
Likes: 0
From: Calgary, Canada
Your $20 won't even cover comissions. Unless you meant $20K?
If you don't know anything about investing penny stocks are very risky and I wouldn't recommend.
Go with AAPL or GS when they pull back.
GE wouldn't be a bad pick either and they are very solid.
If you don't know anything about investing penny stocks are very risky and I wouldn't recommend.
Go with AAPL or GS when they pull back.
GE wouldn't be a bad pick either and they are very solid.
Thread Starter
Shake n Bake!
Joined: Feb 2006
Posts: 11,794
Likes: 1
From: Pittsburgh, PA
Aastrom but you have to watch it closely and listen to what goes on with stem cell research...ASTM I think is their symbol they hover in the $1.20 range and then all of a sudden jump up over a couple of months to the $5-$6 range and then fall back to the under $2 range.
First 25 trades are free :shrug:
Can anyone explain to me the difference between these orders?
Limit
Market
Stop
Stop Limit
Like I said I am just playing around right now. Bought one share of AMD and 64 of GAX. Probably won't do crap but I hope to over time increase my knowledge and get more involved.
Civilian
Joined: Jun 2003
Posts: 8,407
Likes: 1
From: Miami Beach. FL
Dude, you can set up a mock account with virtual money and play the market that way. There's a few sites that allow you to do that. But with $20 you won't really learn much. If you are serious about inventing though, I would suggest saving up at least a few grand and buying a no load, no transaction fee mutual fund like Janus Orion or something off the premier list with half of it. The other half should go to a reputable stock like Apple. I made a 37.04% return on my investment in Apple and a 25.21% return on my Janus Orion mutual fund since May this year. Just read the press releases and read the analyst reports and decide for yourself what you think seems like a good investment. Also, make sure you read the prospectus of any mutual funds you'd like to invest in and find out what sectors that they have the most assets in. I'm no expert, but if you have questions, don't be afraid to ask 
Thread Starter
Shake n Bake!
Joined: Feb 2006
Posts: 11,794
Likes: 1
From: Pittsburgh, PA
Actually I do plan on investing into mutual funds as a long term investment through USAA. I just need to figure out my finances and then once I sell my Rebel I'm going to make my initial deposit into those. I am also gonna contact a USAA financial adviser and discuss the best courses of action with him 