| Author |
Message
|
| cptken |
 Posted: Sun May 06, 2007 5:59 pm Post subject: begginers training |
 |
|
Investing Sr. Associate
|
| So far i took somones advice on ETF's and so far they are paying off. Is this a good sign or are they very unpredictable. |
|
| Back to top |
|
 |
| mastermike311 |
| Posted: Fri May 25, 2007 3:08 am Post subject: |
|
|
Investing Associate
Joined: 15 May 2007
Posts: 19
This Month: 0
9631.93 e$
Net worth: 9,631.93
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
| They are very unpredictable. |
|
| Back to top |
|
|
| efflandt |
| Posted: Fri May 25, 2007 2:13 pm Post subject: |
|
|
Investing Manager
|
They are less unpredictable (less volitile) than individual stocks (until you get to learn those well). In my first full year of investing (2006), I had some nasty surprises (unexpected news) that caused some of my stocks to drop as much as 30% before I learned what to do. But fortunately most of them bounced back eventually, and one went up enough to more than make up for my losses. But I am glad I got out of that stock last year when it started trending down, because it recently dropped in a day from about 80% of my sale price to 40% (dropped 50% in a day). If an ETF drops 50% in a day we are all in trouble.
So since December, I have just been sitting on a few mutual funds and a mix of ETF's that have gained more year to date than my IRA's did all of last year, and are starting to pass by my 401(k). So I am just starting to more selectively get back into individual stocks.
I may not be winning the eInvesting contest, but note how low my turnover rate is (holding a selection of ETF's). |
|
| Back to top |
|
|
| rick103054 |
| Posted: Mon Jun 04, 2007 7:56 am Post subject: |
|
|
Investing Sr. Associate
Joined: 08 Mar 2007
Posts: 123
This Month: 0
126.77 e$
Net worth: 15,483.37
Portfolio Value: 15,356.60
Monthly Return: 14.63%
Trades this month: 0
Churn Rate: 0.00%Items
|
| how long till u aren't a beginner anymore |
|
| 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!
