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Stock Advice for a Newbie

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Stock Advice for a Newbie

Postby airraid81 » Wed Jun 01, 2005 6:43 pm

Are any of you good at investing stocks? If so, could you give me some advice?
I'm a freshman this year, and I have participated in investment club. I tried doing a little research, but there is just so much info out there that it is hard to get a grasp on the stock market. I would like to know some general stock investing advice as well as answers to specific questions such as what is the difference between ask and bid prices and what do you think are the best stats. With all this data like earnings per share, price per earnings, sales, cash flow, etc, 52-weeks, 14-weeks, etc, it's so hard to tell what to look at.
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Postby 34=Sweetness » Wed Jun 01, 2005 6:53 pm

Well, I don't know, but apparently mtryanks makes great money in the stock market. :-b
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Postby mtryanks12 » Wed Jun 01, 2005 6:54 pm

before you do any actual investing, I encourage you to use a mock investing source. I've always used this site, and it's taught me a lot.

http://www.hsx.com

Hollywood Stock Exchange. You start off with some money, and can by "moviestocks" and "starbonds" along with movie funds. It may seem cheesy, but it basically taught me all about the stock market. Prices go up and down accordingly and you just try to accumalate as much wealth as possible. Do this for about 2 or 3 months, by then you'll understand a lot more and can go off into the real world of wall street.

Note: if you actually end up doing this, then when you register, say that you're over 18. You need to be 18 or older to register, so just make up a fake b-day.
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Postby airraid81 » Wed Jun 01, 2005 7:04 pm

Well, I signed up. When it asked who refered me, I put your FFC name. I'm a little skeptical taking stock advice from someone who jumped in a pile of poop for $50...
NFL=No Fun Leauge
NFL=No Farting League
NFL=Nude Freaks League
NFL=Nothing For Losers
NFL=Non-Fierce Lions (Det)
NFL=Nat'l Frog League
Him name is Hopkin Green, where is he?!
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Postby awwchrist » Wed Jun 01, 2005 7:20 pm

hilarity in honesty.
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Postby A2theIzzo » Wed Jun 01, 2005 7:21 pm

airraid81 wrote:Well, I signed up. When it asked who refered me, I put your FFC name. I'm a little skeptical taking stock advice from someone who jumped in a pile of poop for $50...


Lol, a pile of poop
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Postby houstonherdfan » Wed Jun 01, 2005 7:50 pm

A2theIzzo wrote:
airraid81 wrote:Well, I signed up. When it asked who refered me, I put your FFC name. I'm a little skeptical taking stock advice from someone who jumped in a pile of poop for $50...


Lol, a pile of poop


Well the "other word" prolly would not make it though mtr's filter.
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Postby mtryanks12 » Wed Jun 01, 2005 8:40 pm

airraid81 wrote:Well, I signed up. When it asked who refered me, I put your FFC name. I'm a little skeptical taking stock advice from someone who jumped in a pile of poop for $50...


just so you know, a while back, I gave awwchrist some forex trading advice, and it seems to have worked out.
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Postby hastur » Wed Jun 01, 2005 9:12 pm

My advise is this:

Go to an accredited Financial Advisor, and ask him to open up an IRA ROTH mutual fund account for you.
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Postby Calyxes » Wed Jun 01, 2005 9:37 pm

If I were you , I would go to Wu-Tang Financial
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