I was just wondering how would most of you guys invest your money, so you can put your money to work and why?
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I was just wondering how would most of you guys invest your money, so you can put your money to work and why?
Definitely stocks. The risk is high but if you really know what you're doing it can also can be rewarding.
In fact, I'm already investing my money. I owned Gamestop during the Christmas season but got rid of it before the bear market. That was a good way to make some quick cash.
Given the current climate of falling dollar, lowered rates by the Fed, lackluster performance of most stocks, rising inflation, and the 9.3 trillion dollar US debt that will take 55 trillion to retire (including unfunded future payout promises), I recommend buying gold and silver right now. Take your money out of the stock market, buy gold and silver, then when the stocks have hit bottom and start to climb again, sell the metal and go back into stocks. It would be wise to hang onto some silver and gold for long term hedge against inflation.giton
Like what kind of gold?
Flavor Flave gold?
Given the current climate of falling dollar, lowered rates by the Fed, lackluster performance of most stocks, rising inflation, and the 9.3 trillion dollar US debt that will take 55 trillion to retire (including unfunded future payout promises), I recommend buying gold and silver right now. Take your money out of the stock market, buy gold and silver, then when the stocks have hit bottom and start to climb again, sell the metal and go back into stocks. It would be wise to hang onto some silver and gold for long term hedge against inflation.giton
Thats why Im starting to invest in other areas because I dont trust are fait currency.
[QUOTE="cool_baller"]The Banks. It helps the economy.pianist
I wouldn't worry about the banks - and I can assure you that they're not in the business of helping you.
true, but they do supply free-market economies with a source of capital[QUOTE="notconspiracy"]DONT invest in commodities. those are EXTREMELY risky. good example, my parents lost over 20 grand when some guy took their money and bought commodities with it. B05T0N
[QUOTE="notconspiracy"]DONT invest in commodities. those are EXTREMELY risky. good example, my parents lost over 20 grand when some guy took their money and bought commodities with it. B05T0N
Yep some win and some lose that's how the markets work. Stocks are also very risky but you can really cash in on them if you know how to correctly analyze them and identify market trends.
[QUOTE="B05T0N"][QUOTE="notconspiracy"]DONT invest in commodities. those are EXTREMELY risky. good example, my parents lost over 20 grand when some guy took their money and bought commodities with it. guitarman89
Yep some win and some lose that's how the markets work. Stocks are also very risky but you can really cash in on them if you know how to correctly analyze them and identify market trends.
It's the same thing with commodities. I know two people who are commodities traders on Wall Street. One of them, my friend's dad, is a multi-millionaire, so I dont buy the 'dont invest in commodities' stuff.
[QUOTE="cool_baller"]The Banks. It helps the economy.pianist
I wouldn't worry about the banks - and I can assure you that they're not in the business of helping you.
I'm just helping out the US Economy. When I put money in the banks, they lend it to someone else, which effectivly doubles the amount of money. 8)Crack. Stock markets come and go. Narcotics are forever. :?CIoud_S
Well that, and I have money in the Stock Market... It's very fun, interesting and can make a return on investments very rapidly...
If you have enough money check out Google or Apple or Ebay, maybe a cellphone carrier... Those all seem like good investments to me...
I have stock in cisco, ebgames, coca cola and nvidia, ebgames is doin wellinyourface_12
ebgames is owned by Gamestop, so are you saying that you currently own Gamestop? If you are indeed talking about Gamestop, it certainly is not doing well. I sold my Gamestop shares right after Christmas for $ 63.12 a share and it has since dropped to about $46 (which I have also been making money on because I am shorting).
Does anyone if buying gold is still worth it..
Its like 900 dollars plus per oz. Gold is relatively stable especially compared to the dollar.
Log1czzz
Stability and hedge against inflation is the main reason you buy gold. It doesn't earn money, so you don't want to leave all of your assets in gold all the time. Just while the stock market is unstable.
Right now is a good time to buy gold because the stock market is not doing well, the dollar is weakening due to inflation caused by an increase in credit (the Fed lowered the interest rate) and years of deficit spending by the government (which causes the central bank to print more money backed by nothing).
[QUOTE="inyourface_12"]I have stock in cisco, ebgames, coca cola and nvidia, ebgames is doin wellguitarman89
ebgames is owned by Gamestop, so are you saying that you currently own Gamestop? If you are talking about Gamestop, it certainly is not doing well. I sold my Gamestop shares right after Christmas for $ 63.12 a share and it has since dropped to about $46 (which I have also been making money on because I am shorting).
I'm surprised you were offered short-selling privileges. I can't imagine you have that much capital or trading experience...
[QUOTE="guitarman89"][QUOTE="inyourface_12"]I have stock in cisco, ebgames, coca cola and nvidia, ebgames is doin wellpianist
ebgames is owned by Gamestop, so are you saying that you currently own Gamestop? If you are talking about Gamestop, it certainly is not doing well. I sold my Gamestop shares right after Christmas for $ 63.12 a share and it has since dropped to about $46 (which I have also been making money on because I am shorting).
I'm surprised you were offered short-selling privileges. I can't imagine you have that much capital or trading experience...
No, I don't have much trading experience but I work in the investment department of a bank that is affiliated with Raymond James.
Stability and hedge against inflation is the main reason you buy gold. It doesn't earn money, so you don't want to leave all of your assets in gold all the time. Just while the stock market is unstable.
Right now is a good time to buy gold because the stock market is not doing well, the dollar is weakening due to inflation caused by an increase in credit (the Fed lowered the interest rate) and years of deficit spending by the government (which causes the central bank to print more money backed by nothing).
giton
The market isn't doing well, but you do have options - you can short stocks (if you have shorting privileges), or you can buy stocks that trade strong on their own stories. Even when the overall market is bearish, there are still those stocks which climb rapidly against the grain, especially since so many investors succumb to the irrational motivation to invest in SOMETHING rather than just sit on the sidelines as they should. Mutual funds would be a really bad idea, though. You need to be making the decisions yourself and swing trading, not holding.
Bonds seem like the safest way to invest money to me...gorilazandgames
Yeah, it's relatively safe (not entirely without risk, though). But it also will yield only mediocre returns that barely keep up with inflation. You know the old saying - nothing ventured, nothing gained. Over the long haul, stocks consistently outperform any other kind of investment. That doesn't mean they aren't subject to ups and downs, but rather that they will prevail in the long term. So if your investment goals are long-term and you're young, you can afford the risk of the market, and you really should be investing in the market. But if you're nearing retirement and you only have a short time line with which to work, you need to be minimizing your risk, because you can't recover from a significant loss as easily.
I would imagine most people here are young, and so I'd encourage you all to look into stock investing, because it could make a huge difference as to how long you have to work, and how much money you will have when you retire.
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