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| Benjamin |
 Posted: Wed Mar 01, 2006 6:48 pm Post subject: Research, Research, Research |
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I think the number one recurring word here when it comes to someone asking about a stock is research.
It seems many people don't even know where to start their research...so how about here?
We could have a research forum and people could just post a stock and anyone interested could swoop in and do a little research and leave their opinion.
Maybe after a while people that are always helping out could get a cool stock researcher title.
What do you think? |
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| Im Not Warren Buffett |
| Posted: Wed Mar 01, 2006 6:56 pm Post subject: |
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CFO
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| You have to start your research by understand what you are looking at: what the company provides/how it makes its money, where the company is in its life cycle, its current market and financial positions... I think the huge myth running around is that you need to be a professional to identify great investments, and that you need all sorts of proprietary research. I get all of my information from Yahoo Finance, and I tend to do fine. Just exercise patience and never make a decision with conflicting emotions... know enough about the company and stock to have complete confidence in your buy. |
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| jdunn72 |
| Posted: Wed Mar 01, 2006 7:53 pm Post subject: |
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Member of The Month
March
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Here, here, and well said. But, INWB you've made it clear that you work with financials professionally in some way. I have had a couple of college courses in accounting and it's real tough for people who haven't had any formal training in the field. It isn't easy for me to try to wade through some of the tricks these corps pull to make their finances appear better than they are while yet legally disclosing it before your eyes. I think it would be a great point to say if someone were really interested and really dedicated--- Learn what balance sheets, cash flows statements and income statements really are, how they relate to each other and what each of the line items are, now you don't really need to have an accounting degree (although it wouldn't hurt, I'm sure) just be familiar with term definitions, so you can see what the company is doing and forgive them if they are expanding fast to keep up with growth and a Q earnings report seems low (possible buy in opportunity). Analysts seem unforgiving to companies that can't just keep the rate up without additional costs sometimes.
And I think frusnak said try investopedia.com in another topic and I agreed. They are very explanatory for some of the more complicated subjects. Many people have success in sticking with what they know, they see a new business and see it is very busy and decide to buy. Well, that can and does work but still there is no way I'd buy in without some overall good financials to back it up and some possible support to show it was a good place to buy in.
I'll put my two cents worth in here whenever possible but most people aren't gonna like what I say... most of these stocks are soooo overpriced I wouldn't touch'em with a ten-foot pole, unless I had lots'a cash on margin and was lookin' to do some day tradin'.  |
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| Dave Rathbun |
| Posted: Thu Mar 02, 2006 2:41 am Post subject: |
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CFO
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Another step: take advantage of what your broker offers. All of the online brokers that I have used have a research department, and they will do some of the work for you.  Just pay attention to the dates on the research reports; some of them may be older than you would like. I tend to read (or at least skim) the reports to get an idea of what other folks (aka "The Professionals") think.
I don't base my decisions solely on their work, but it's another option to consider. |
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| Benjamin |
| Posted: Thu Mar 02, 2006 5:27 am Post subject: |
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Administrator
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I guess I'm not much of a wordsmith...
Can anyone make this sound better?
Community Stock Research
Post a stock, get some information, hear opinions. |
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| frusnak |
| Posted: Thu Mar 02, 2006 5:55 am Post subject: |
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CFO
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| Benjamin wrote: | I guess I'm not much of a wordsmith...
Can anyone make this sound better?
Community Stock Research
Post a stock, get some information, hear opinions. |
Ben, sounds pretty good the way you have it but ... how about
"einvesting stock research center"   |
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| Benjamin |
| Posted: Thu Mar 02, 2006 6:11 am Post subject: |
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I like that!  |
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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!
