| Author |
Message
|
| aricchvala |
 Posted: Thu Apr 26, 2007 5:13 am Post subject: Making moves every day?? |
 |
|
Investing Sr. Associate
Joined: 25 Apr 2007
Posts: 54
This Month: 0
215.15 e$
Net worth: 215.15
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
| I am just in the getting started phase, are people typically making moves every day trying to make quick money, or are they more interested in trying to make long term money? or is it a mix of things? |
|
| Back to top |
|
 |
| Dave Rathbun |
| Posted: Thu Apr 26, 2007 7:42 pm Post subject: |
|
|
CFO
|
You'll find both types of user on this site. If you look at the "churn rate" under each member's name (see the left side of this screen) that gives you an idea of how much someone trades in and out. There is also a trade counter that shows you how many trades are being made.
It is possible to have a high trade count and a zero percent churn. All that means is that all of the trades were one way only, either all buys or all sell orders. Only if you buy-sell-buy-buy-sell-sell-buy-sell and so on does your churn rate go up. |
|
| Back to top |
|
|
| Im Not Warren Buffett |
| Posted: Thu Apr 26, 2007 8:07 pm Post subject: Re: Making moves every day?? |
|
|
CFO
|
| aricchvala wrote: | | I am just in the getting started phase, are people typically making moves every day trying to make quick money, or are they more interested in trying to make long term money? or is it a mix of things? |
I am definitely in the "long-term" crowd, but I might be in the minority on this site. At the very least, you will find a diverse set of opinions on this; I would say in the end it comes down to personal preference and disposition - some people are more cut out for one approach versus the other. |
|
| Back to top |
|
|
| aricchvala |
| Posted: Fri Apr 27, 2007 4:09 am Post subject: |
|
|
Investing Sr. Associate
Joined: 25 Apr 2007
Posts: 54
This Month: 0
215.15 e$
Net worth: 215.15
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
| I am actually very clueless about anything, i keep reading that people are investing a good portion of their money in "money market" accounts, i don't even know what they are. if it is a good idea to have money in those, what percent of your money is commonly put into those? |
|
| Back to top |
|
|
| Dave Rathbun |
| Posted: Fri Apr 27, 2007 4:42 am Post subject: |
|
|
CFO
|
| Money markets are accounts that invest in "safe" investments and often return more interest than a standard savings account. But it's not an account that is invested in stocks. In many cases if you open an account with a broker they will put uninvested cash into a money market account. |
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
