Post: #26

Those who are long on oil (or work on that field) certainly feel hurt right now. Oil below 30!

Post: #27

No one who's long on Oil feets hurt right now. That's why they're 'long' on oil. Everyone knew, or rather had a feeling that the oil dilemma wasn't going to end soon, but people (including myself) are still buying because the valuations are low. Sure it looks bad now, but the long-term economic benefits to Saudi Arabia are negative.

But anyways, to answer the OP's question: it's been said, but start with the Intelligent Investor, read some buffetology, read books on technical analysis and find your own method. I invest in a company's fundamentals, as does the investment company I work for. Others use technical analysis, each to their own.

Learning how to invest is great. Always start with a trial account, then a small amount of money, and know that demo trading is WAY different than real-money investing. And most importantly, ignore what most people on forums tell you; because the majority probably don't know what they're talking about

Post: #28

O.P. how are you going on your investment journey?

Post: #29

I've gotten into more technical analysis and trading breakouts since I posted in this thread a year and a half ago. I've had pretty decent success with this methodology over the short-medium time frame. I ride the waves of the market and hop in and out of trends. I don't really look at fundamentals nearly as much as I once did, even though I definitely believe in the long term that method works. As in my thread on derivatives, I really focus on equity options and futures markets.

I really don't "invest" as much as I once did, perhaps once I line up a hell of a lot more capital, I'll look to invest in far more passive investments.

Post: #30

Personally I try to buy stocks trading an attractive valuations. I use interactive brokers and really like the platform. The Intelligent Investor by Benjamin Graham is a great starting point.

Post: #31

Yep, Intelligent Investor is definitely a must read.

Post: #32

Is this a good time to buy stocks to hold? Some (like Wall Street Playboys) say a recession may be on the way because of the current high market confidence and suggest investing in the "boring" stocks such as Walmart, ATT, etc. I'm thinking of buying some of Vanguard's high dividend stocks and I already invested in their total market index last year. I have quite a bit of savings which is "gathering dust" in my saving account.

Post: #33

(03-17-2018 08:35 AM)duedue Wrote:  Is this a good time to buy stocks to hold? Some (like Wall Street Playboys) say a recession may be on the way because of the current high market confidence and suggest investing in the "boring" stocks such as Walmart, ATT, etc. I'm thinking of buying some of Vanguard's high dividend stocks and I already invested in their total market index last year. I have quite a bit of savings which is "gathering dust" in my saving account.

I'm a big fan of /r/wallstreetbets.

Only place where you're not sure if you'll be owning a yacht or evicted by the end of the month.

Post: #34

(03-17-2018 08:35 AM)duedue Wrote:  Is this a good time to buy stocks to hold? Some (like Wall Street Playboys) say a recession may be on the way because of the current high market confidence and suggest investing in the "boring" stocks such as Walmart, ATT, etc. I'm thinking of buying some of Vanguard's high dividend stocks and I already invested in their total market index last year. I have quite a bit of savings which is "gathering dust" in my saving account.

Don't really know the answer to your question, but looks like you're on the right track with the total market index. Recently read this article about Warren Buffet's challenge in 2007 regarding the Hedge Fund industry:
https://seekingalpha.com/article/4135244...edge-funds

I don't have a link to reference, but from what I remember from my research when I was in a similar position as you and wanted to enter the market, the market trends over the years indicate that there are drops in the index approximately around late Jan, late May and around Aug/Sept. I try to hold off for one of those times, and then go in. Of course this is a big variable and cannot be timed exactly.

When I was looking into stocks, I used finviz quite a bit (found the "screener" tab helpful). From now on though, I decided that I would go only with index funds and etfs.

Post: #35

Enjoy.

Post: #36

Just buy NVidia and Apple, TSM if you're feeling fancy. You're welcome.

Post: #37

(01-12-2016 12:43 AM)Omad Wrote:  

(01-11-2016 11:54 PM)rudebwoy Wrote:  The stock market is rigged to get your money, only a small fraction of people make money of it. Those people generally have connections or insider information.

It's a two sided market, how's it rigged?

It's not a two sided market or zero sum game like people think. Winners AND losers pay shitloads in fees and commissions. Far more than what a casino or betting company would dare to ask for. All of that money is taken out of the market. This makes it a negative sum game, where only the very best succeed, that's why it's called a 'rigged game'.

I'm not suggesting not to invest in stocks though, just to be smart about it.

Post: #38

(03-19-2018 12:10 PM)RedPillUK Wrote:  

(01-12-2016 12:43 AM)Omad Wrote:  

(01-11-2016 11:54 PM)rudebwoy Wrote:  The stock market is rigged to get your money, only a small fraction of people make money of it. Those people generally have connections or insider information.

It's a two sided market, how's it rigged?

It's not a two sided market or zero sum game like people think. Winners AND losers pay shitloads in fees and commissions. Far more than what a casino or betting company would dare to ask for. All of that money is taken out of the market. This makes it a negative sum game, where only the very best succeed, that's why it's called a 'rigged game'.

I'm not suggesting not to invest in stocks though, just to be smart about it.

Eh kind of.

You also have dividends, and more than enough dumb money that people always lose.

The market hasn't changed in the last few decades. Mostly losers, a few winners. Human emotion doesn't change.

Making money is simple. Buy low, sell high.

If you can figure out how to do that you're golden.

Most humans are emotional and make bad decisions...which is like 95% of people trading the markets. So if you can figure it out it is possible to make money, but its not easy.

I'm fairly consistent in making money in the market (beating the current market YTD by far...).

But there's a lot of risk management, being able to feel out the market, and a few other things.

It's not impossible to win, but yeah its not easy.

Edit: most of my trades I hold then than a day, with highly leveraged options. For example this morning I bought SPY puts and made 15% on my money in a few minutes (after losing a lot at open with equities) . Could have made multiples if I had held. Though the downside is there is the risk is insanely high...and you can be out of your investment very quick if the market turns against you.

Post: #39

Finding who has the most accurate history in prior trades, and paying them for their expertise. I don’t understand why, save for the most intelligent brothers here, people want to invest their time and trust their own intuition. But I come from a IM mindset where I outsource pretty much everything

I do this with sports betting quite a bit.

Post: #40

I personally use a system from a book called unholy grails by an Aussie guy Nick Radge. Simple breakout system back tested over 10+ years or so of data.

Post: #41

That Paul Tudor video is the "pumping iron" on wallstreet. Good find.

Post: #42

(03-19-2018 12:10 PM)RedPillUK Wrote:  

(01-12-2016 12:43 AM)Omad Wrote:  

(01-11-2016 11:54 PM)rudebwoy Wrote:  The stock market is rigged to get your money, only a small fraction of people make money of it. Those people generally have connections or insider information.

It's a two sided market, how's it rigged?

It's not a two sided market or zero sum game like people think. Winners AND losers pay shitloads in fees and commissions. Far more than what a casino or betting company would dare to ask for. All of that money is taken out of the market. This makes it a negative sum game, where only the very best succeed, that's why it's called a 'rigged game'.

I'm not suggesting not to invest in stocks though, just to be smart about it.

I'll agree that those using money mangers, managed funds etc are paying way too much in fees but self directed traders/investors trading through certain online brokers currently have the cheapest fees and best trading platform technology they've ever had. The best and cheapest being Tastyworks.

And of cause it's a two sided market, anybody can take any side of the market, it's your choice. You're not limited to just buying. Saying it's not a two sided market is factually incorrect.

Post: #43

(03-19-2018 02:44 PM)qwertyuiop Wrote:  Making money is simple. Buy low, sell high.

Genius. I've never heard of this before, thanks man!

Post: #44

I'm tempted to buy NVIDIA now. It didn't take as big a hit as VTI, McDonalds and Walmart stocks last week.

Post: #45

(03-24-2018 12:45 PM)RedPillUK Wrote:  

(03-19-2018 02:44 PM)qwertyuiop Wrote:  Making money is simple. Buy low, sell high.

Genius. I've never heard of this before, thanks man!

Yeah no problem. Hope it helps you trade!

if you weren't trying to be sarcastic you'd see that in fact I was trying to allude to the fact that your emotions screw you (:

Post: #46

(01-15-2016 11:18 AM)thisisright Wrote:  Those who are long on oil (or work on that field) certainly feel hurt right now. Oil below 30!

Anyone looking to make money in the oil field, Delaware/Permian Basin is booming for the next 5 years. Hottest play in the US right now.

https://www.abqjournal.com/1150485/oil-i...basin.html

Post: #47

(03-20-2018 03:31 AM)SteezeySteve Wrote:  That Paul Tudor video is the "pumping iron" on wallstreet. Good find.

Perfect analogy.
https://www.youtube.com/watch?v=3oAmUGriCv4

Post: #48

I only do passive investing, by putting my savings into ETFs. A Random Walk down Wall Street by Burton Malkiel is an excellent book to read for anyone who wants stable returns, but doesn't want to bother with buying and selling individual stock.

Post: #49

Seems to me like the stock market is about to take a dip in the next year or few. I have money in some basic stock retirement accounts. If I think it's going to...

Does it make sense to take money out of the stocks and put into bond funds? Or real estate funds? (not all of it, but a portion)

Looking for some general input. I've never played around with my money, just left it sit in target retirement funds.

Post: #50

I'm a firm believer in the "melt up" right now. I don't see a recession for a while, and love the contrarian aspect of it. So many preaching doom and gloom, and they're gonna miss out on a 10k + and more run ...

The next drop (or 2 away) will be an epic collapse, though.