I want to start investing..... school a rookie!

Oh dear... okay...


Selling short is selling shares you don't have. Here's a general example:


*log on to e-trade*

*thinks that GM is going to go DOWN*

*sells short 100 shares*

*receives $524 for selling 100 shares at $5.24* (minus trade commission of 12.99)

($511.01)

Well, now later down the road you're going to have to do what's called "buy to cover" meaning, buy those shares to cover your sale. So youbetter hope it drops lower than $5.24 so that you can keep the difference. Selling short means you can lose an UNLIMITED amount of money (hypothetically).Buying long means you can only lose what you put into the security (along with the 12.99 respectively)


Sorry if I wasn't clear... I can go again on another example if you'd like.
 
Are you doing short or long term investment? Right now, short-term trading makes sense since the markets are still going down. Practice some on this site and follow some advice from blogs, etc. My brother had good luck with Jim Kramer'sadvice (30% return in a week).
 
NEVER LISTEN TO JIM CRAMER!!!!!!!!!!!
FIRST RULE AS AN IVNESTOR
NEVER LISTEN TO JIM CRAMER!!!!!!!!!!!

I am surprise there isnt a bounty for jim cramers head
 
Don't rush into this. This isn't the best time for beginners anyway. In fact, it's a very bad time for beginners.
Read up and focus on a sector that interests you (energy, healthcare, medical, etc.).
 
Originally Posted by shatterkneesinc

NEVER LISTEN TO JIM CRAMER!!!!!!!!!!!
FIRST RULE AS AN IVNESTOR
NEVER LISTEN TO JIM CRAMER!!!!!!!!!!!

I am surprise there isnt a bounty for jim cramers head
Click to expand...
Basically... I agree with you.
 
I'll give you a few books...

Jim Cramer's Real Money: Sane Investing in an Insane World
Peter Lynch's One Up on Wall Street
Rich Dad, Poor Dad

Anything about Warren Buffett.

Jim Cramer is all about a really short term view on his show. Read his book, he's lost a little right now.
 
Originally Posted by memphisboi55

whos jim cramer?
Click to expand...
cramer.jpg


This fella, he likes to yell.
 
Originally Posted by wawaweewa

Originally Posted by CarminePOWER

invest in the housing market. it can only go up from now on
smile.gif
Click to expand...
I wouldn't be so sure.......yet.

As for investing, just read as much as you can. The best, by far, reading you can do is that on the history of markets (of all types).
Invest based on how things do work. Not how they should work.
When it comes to news, read between the lines. Politics and markets aren't strange bedfellows. They actually have a longstanding relationship throughout history.
Go with your gut feeling.

For the past few months everybody in the market has basically been looking to make money day to day. Very few know what the hell is really going on so most are acting like day traders because it's just safer at present.

...and CNBC is not your friend. They're there to do a job and it's not to provide 'news'.
laugh.gif
Click to expand...


This is a good start..


But again I cannot say this enough, this is certainly not the pace to start.

I learned from someone who has been in the market 20 plus years.

Its one of those things that is not just learned, it is a talent.

Unless you know what you are doing I would stay away, and this is certainly not the place to learn.
 
I don't feel like going too in depth since I have a 5 page paper due tomorrow, but wait until after the holiday season. Gauging from consumer turnoutsignificant number of chains won't be reporting their normal profits (largely due to the state of the economy), which should further drive down prices.That would be when to start looking.
 
so let me get this straight, if i buy 100 shares of a stock when its at $5.00 then in a few weeks it rises to $10.00 and if i sell would i get $500 back? so intotal $1000 from what i spnet on the stock and what i earned minus commison fees?
 
Minus commissions and short-term capital gains taxes.

And yes, Benjamin Graham, sorry was in a rush earlier.

I'm looking to short some consumer retail after I look into how the holiday sales fared this past weekend.

I'd imagine we'll see some gains tomorrow with the official announcement of Hillary Clinton by Obama (since everyone else he has announced has gottengains). 5 days in a row?!
 
Originally Posted by Mateen Cleaves

so let me get this straight, if i buy 100 shares of a stock when its at $5.00 then in a few weeks it rises to $10.00 and if i sell would i get $500 back? so in total $1000 from what i spnet on the stock and what i earned minus commison fees?
Click to expand...
Originally Posted by Mateen Cleaves

i really want to buy GM stock right now but scared of it going down again.
Click to expand...

just a minute ago, you did not even know the basics of investing, now you are trying to look like an investor talking about buying gm stock
roll.gif
 
Originally Posted by kix4kix

Originally Posted by wawaweewa

Originally Posted by CarminePOWER

invest in the housing market. it can only go up from now on
smile.gif
Click to expand...
I wouldn't be so sure.......yet.

As for investing, just read as much as you can. The best, by far, reading you can do is that on the history of markets (of all types).
Invest based on how things do work. Not how they should work.
When it comes to news, read between the lines. Politics and markets aren't strange bedfellows. They actually have a longstanding relationship throughout history.
Go with your gut feeling.

For the past few months everybody in the market has basically been looking to make money day to day. Very few know what the hell is really going on so most are acting like day traders because it's just safer at present.

...and CNBC is not your friend. They're there to do a job and it's not to provide 'news'.
laugh.gif
Click to expand...


This is a good start..


But again I cannot say this enough, this is certainly not the pace to start.

I learned from someone who has been in the market 20 plus years.

Its one of those things that is not just learned, it is a talent.

Unless you know what you are doing I would stay away, and this is certainly not the place to learn.
Click to expand...
I agree.
Same here.

Successful investing is the process of obtaining or finding the necessary information and analyzing it correctly. It's really nothing more and nothingless.
Oh, and a little prophecy now and again doesn't hurt.
laugh.gif
 
Originally Posted by t0xicman

Originally Posted by Mateen Cleaves

so let me get this straight, if i buy 100 shares of a stock when its at $5.00 then in a few weeks it rises to $10.00 and if i sell would i get $500 back? so in total $1000 from what i spnet on the stock and what i earned minus commison fees?
Click to expand...
Originally Posted by Mateen Cleaves

i really want to buy GM stock right now but scared of it going down again.
Click to expand...

just a minute ago, you did not even know the basics of investing, now you are trying to look like an investor talking about buying gm stock
roll.gif
Click to expand...
because i said i want to buy GM means im trying to look like i know what im talking about?
indifferent.gif
 
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