| Would you like to see a more active forum |
| Yes, but not about unrelated topics |
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40% |
[ 4 ] |
| Yes, about anything would be nice |
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60% |
[ 6 ] |
| Yes, but I do not have time to get "more" involved |
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0% |
[ 0 ] |
| No, It is perfect the way it is |
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0% |
[ 0 ] |
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| Total Votes : 10 |
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| Author |
Message
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| geb9696 |
 Posted: Sat Jan 07, 2006 9:13 pm Post subject: |
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Investing VP
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| I would pick the stock but I am afriad that is would mainly consist of me going "Hi, I am a noob and look at this horrible stock that I am trying to play off as having potential to grow." |
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| frusnak |
| Posted: Sun Jan 08, 2006 3:37 am Post subject: |
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CFO
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| geb9696 wrote: | | I would pick the stock but I am afriad that is would mainly consist of me going "Hi, I am a noob and look at this horrible stock that I am trying to play off as having potential to grow." |
I was thinking more like throw out a stock and lets all research it. Maybe one a day would be too frequent. How about one a week or one on monday and another on thursday? What does eveyone think about that. We would proably better than Cramer and his crew! It would be interesting to see how many winners we could come up with.  |
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| geb9696 |
| Posted: Sun Jan 08, 2006 8:01 am Post subject: |
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Investing VP
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| Every Monday and Thursday sounds like a good idea to me. Originally I was also thinking that we would just name a stock and them we all could research it. I think it would be interesting to see what everyone comes up with. It would also be a good opportunity to have a few debates. I doubt everyone always will agree. |
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| frusnak |
| Posted: Sun Jan 08, 2006 8:29 am Post subject: |
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CFO
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| Sounds good to me. You and nelaina decide whos first? then we all can research the stock. |
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| Im Not Warren Buffett |
| Posted: Sun Jan 08, 2006 9:12 am Post subject: |
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CFO
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I'm not against doing a "stock of the day" but it was implied that I would be the one doing it... kind of a big undertaking. My comment about how many stocks there are relates to my inability to follow the industry workings of energy, technology, pharmaceuticals, retail, airlines, defense, banking, etc. I could do a quick summation of a stock no problem, in fact I usually manage to talk about 2-3 specific ones each day. I follow those though, so I already have a basic understanding of them and typing that in isn't the difficult part. Doing a more complete analysis would take more time.
I think group efforts are great, and here is how I'm envisioning it.
1. I would analyze 3 stocks each week, giving a rundown of it, its value, competition, etc. This would not necessarily result in a "buy" recommendation, I might use a stock to demonstrate underlying financial principles like margins, debt, competitive advantages or the like. You would probably find that selection on...
2. Wednesday. Over the weekend I would find a stock I am bullish on. Then there would be a Wed. analysis, followed by something on Friday (probably a stock that had important news released in the trailing week).
3. Once the word is out, everyone can kick it around and share what you think. Suggestions for the next release would be necessary as well. |
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| nelaina |
| Posted: Sun Jan 08, 2006 10:57 am Post subject: |
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CFO
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| frusnak wrote: | | geb9696 wrote: | | I would pick the stock but I am afriad that is would mainly consist of me going "Hi, I am a noob and look at this horrible stock that I am trying to play off as having potential to grow." |
I was thinking more like throw out a stock and lets all research it. Maybe one a day would be too frequent. How about one a week or one on monday and another on thursday? What does eveyone think about that. We would proably better than Cramer and his crew! It would be interesting to see how many winners we could come up with. |
I agree with both of you...i am a little noob allso, so frusnaks idea is good to me. Mon and thursday are perfect, and i agree exactly throwing out a stock for everyone to research is a great idea. to see where everyone gets their info, what they reguard as more important or more necessary info, and we could all maybe bring something different to the table about a particular company.
i dont care who goes first |
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| Iceemaan |
| Posted: Sun Jan 08, 2006 11:00 am Post subject: |
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Investing Manager
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| Plus that would give us true noob's a perfect opportunity to research a stock and see how our info compares with others. And that would be a huge help in finding out what we are missing and what we are overlooking. |
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| Im Not Warren Buffett |
| Posted: Sun Jan 08, 2006 11:22 am Post subject: |
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CFO
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| Iceemaan wrote: | | Plus that would give us true noob's a perfect opportunity to research a stock and see how our info compares with others. And that would be a huge help in finding out what we are missing and what we are overlooking. |
That is the primary reason I would do it, at least until I find someone with a sizable enough bankroll to buy off of my advice. 
It would be as much of a learning experience as anything else, and the best part is we can play our picks in the sim! I've learned a ton in a very short time just by paying attention to companies and seeing what I can take away from watching them... there is no substitute for experience. |
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| Dave Rathbun |
| Posted: Sun Jan 08, 2006 12:26 pm Post subject: |
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CFO
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One of the ideas that I've been wondering about... would it be useful if we could set up multiple portfolios here? Here's the thoughts behind that. We would all have a "main" portfolio that is used for the monthly contest. But the simulator could be a useful tool to track other portfolio strategies as well.
Yes, we could log out and create a new account, and track multiple portfolio(s) that way.
I keep trying to put features of my "real" brokerage account into play here. For example, I have 4 accounts as my broker, a trading account (non-IRA) and 3 IRA accounts. I may use different strategies depending on the account. We can't do that here.
Would it be useful if we could, do you think? Or am I just making things more complicated than they need to be? |
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| nelaina |
| Posted: Sun Jan 08, 2006 2:31 pm Post subject: |
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CFO
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| i think it would be useful, i agree it would be nice to checkoout different trading strategies. |
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| Iceemaan |
| Posted: Sun Jan 08, 2006 3:58 pm Post subject: |
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Investing Manager
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| For now for me One is plenty. Mabey once I understand it all a little better two would be useful to compare strategies. |
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| Im Not Warren Buffett |
| Posted: Sun Jan 08, 2006 6:41 pm Post subject: |
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CFO
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| Iceemaan wrote: | | For now for me One is plenty. Mabey once I understand it all a little better two would be useful to compare strategies. |
Before I joined here, I tracked three different types of accounts over the summer, mainly at where I worked because I never had to do anything and it occupied time .
One I reserved for regular stock picks, one for highly speculative stocks, and another for ETFs. The regular stocks' high point was just over 20%, the speculative nearly touched 40%, and the ETFs went up about 30%. I only had 4-6 stocks in each, but I learned a ton about the markets in a very short time... possibly because I spent about 30 hours per week looking at investment related things.
The full-time guys there loved the things I told them, some of them actually bought into Intuitive Surgical (ISRG) and Alcan (AL), which are up about 120% and 35% since. If I go back thats going to be a tough track record to beat.
I wouldn't try to run additional portfolios, the one I have right now is challenge enough, but it could help some people separate their investing activities. |
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| geb9696 |
| Posted: Sun Jan 08, 2006 6:46 pm Post subject: |
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Investing VP
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| I think multiple accounts might be usefule to compare after a period of time which investing style is better for me. I think it would be an interesting concept being how many people often have multiple accounts with their broker. I know my parents have 3 accounts. I would be interested to see if a more conservative approach beats a slightly more speculative/aggressive approach over the course of a year. |
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| Im Not Warren Buffett |
| Posted: Sun Jan 08, 2006 6:52 pm Post subject: |
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CFO
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This could allow us to test the perpetual battle that growth wages against value... but I think there are other things to address first, such as the return % and please Ben, LET ME SHORT THINGS AND DO OPTIONS.
Not to start another eHarmony thing, but I would <3 you forever.  |
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| nelaina |
| Posted: Sun Jan 08, 2006 7:07 pm Post subject: |
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CFO
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haha Ben and Im Not Warren sittin in a tree...  |
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