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www.eInvesting.com Forum Index » Investing For Beginners

Invest in wat first?


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linh3203
PostPosted: Mon Sep 10, 2007 2:34 pm Post subject: Invest in wat first? Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

Wat should i start out with? Stocks or Items? Are there items that gain better than stocks?
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wjmathewsx
PostPosted: Mon Sep 10, 2007 2:39 pm Post subject: buy bff Reply with quote

Investing Associate
Investing Associate

Joined: 01 Aug 2007

Posts: 24
This Month: 0

190.81 e$

Net worth: 9,596.91
Portfolio Value: 9,406.10
Monthly Return:
12.91%
Trades this month: 0
Churn Rate: 0.00%

Items

If you want a solid stock that is on the rise look at bff.....it's cheap right now.....you want to buy around 2.40..let me know how it goes for you
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linh3203
PostPosted: Mon Sep 10, 2007 2:45 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

alright thx im gona try it out
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linh3203
PostPosted: Mon Sep 10, 2007 2:53 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

i just bought 200 shares of bff and im thinking i think i am going to buy countrywide...i doubt it will bankrupt...and right now is a great chance to buy...its at 17.21 how lower can it get...haha ill buy 100 for now and c how that turns out
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linh3203
PostPosted: Mon Sep 10, 2007 2:54 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

nvm just 20 haha
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Dave Rathbun
PostPosted: Mon Sep 10, 2007 4:32 pm Post subject: Re: Invest in wat first? Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3690
This Month: 0
Location: Texas
395798.42 e$

Net worth: 557,369.42
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

linh3203 wrote:
Wat should i start out with? Stocks or Items? Are there items that gain better than stocks?

If you mean items from the virtual shop, some of them do gain in value. But those gains don't help you win the contest. If you want to win the monthly contest you have to post at least 10 times in a month, and you have to invest in stocks or something that you can trade via your portfolio. Just remember as you are starting out that - just like real life - commissions can really affect your returns. Especially if you're buying 10-12 shares at a time.

Good luck, and welcome to eInvesting. Cool
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linh3203
PostPosted: Mon Sep 10, 2007 5:10 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

haha thx...dang i bought a piece of land...thought that would add to my return for the contest haha...o well ill git the hang of it as time goes on
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linh3203
PostPosted: Tue Sep 11, 2007 7:54 am Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

bff update...haha...i didnt read the post correctly and bought it at 2.80...losing 6 percent or so...

any ideas on other stocks to invest in when i have more money?
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Dave Rathbun
PostPosted: Tue Sep 11, 2007 8:08 am Post subject: Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3690
This Month: 0
Location: Texas
395798.42 e$

Net worth: 557,369.42
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

I plan to try playing around with some ETFs this month. So far I have one quick in/out trade on DIA yesterday. I tried doing another today but entered the wrong share amount and my trade got cancelled. Embarassed

Just as well, would have ended up losing money today so far.

ETFs - if you don't know what those are - are exchange traded funds. Mutual funds cannot be "traded" during the day like stocks, all buys / sells of mutual funds take place after the 4:00 market close when the fun sets their NAV or Net Asset Value. An ETF like DIA or SPDR can be traded throughout the day, and gives you a way to trade shares of the Dow or S&P500 index.

So if you don't want to risk playing an individual stock, but still think the market is going to move (and it usually does), an ETF is an interesting way to play.
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linh3203
PostPosted: Tue Sep 11, 2007 4:13 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

hmm i like that...how do i find ETF symbols and different ETFs?

that way i can compare and c wat i want to buy? so is DOW an ETF itself?
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Im Not Warren Buffett
PostPosted: Tue Sep 11, 2007 4:56 pm Post subject: Reply with quote

CFO
CFO

Joined: 26 Nov 2005

Posts: 3481
This Month: 0
Location: Boston
11593.86 e$

Net worth: 7,130,391.06
Portfolio Value: 19,840.20
Monthly Return:
8.13%
Trades this month: 0
Churn Rate: 0.00%

Items
more...

linh3203 wrote:
hmm i like that...how do i find ETF symbols and different ETFs?

that way i can compare and c wat i want to buy? so is DOW an ETF itself?


DOW is Dow Chemical, if you are looking to buy the Dow Jones Industrials ETF the ticker is DIA. If you'd like to buy individual components of the DJIA, then that is another issue - right now I like Wal-Mart (WMT) although there are certainly others to consider.

For a list of all ETFs, as tracked by Yahoo Finance, check this list.
http://finance.yahoo.com/etf/browser/mkt?c=0&k=3&f=0&cs=1&ce=551&o=a
There are 551 for you to sort through as of last count, have fun.
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NCSUPAGE
PostPosted: Tue Sep 11, 2007 5:12 pm Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 07 Nov 2005

Posts: 854
This Month: 0
Location: Raleigh, North Carolina
3207.20 e$

Net worth: 651,244.70
Portfolio Value: 23,336.50
Monthly Return:
-8.99%
Trades this month: 0
Churn Rate: 0.00%

Items

I invested in the energy sector during the fall that happened this summer, but lost some when the markets climbed back up. Some of my companies are still gaining, while some have lost a little, but I'm holding out to break even before getting out of them.

Here on the sim I also invest in items like property and collectibles to boost my networth and to secure uninvested money somewhere it can help me out - even the 2-3% a month on these items can help out a lot!! Very Happy
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linh3203
PostPosted: Wed Sep 12, 2007 6:12 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

Hmm i like WMT too...but i wanna save some money for now to play around with buyin and sellin stocks....but i need to find away to find more money....i wanted to do the banner but i still dont knoe if myspace counts or not..haha...and as for the energy alternative...i agree saving energy and finding alternatives but from wat i predict...theres always a bad in somthing "good" as technology advances...problems arises no matter how "perfect" technology is created
we dont c it yet but after many years there is always something that we need to fix...nothin is perfect and possibly we might not be able to do much better than wat we would think...

but ofcourse this is comming from an unexperienced mind with no degree yet...sry haha
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linh3203
PostPosted: Wed Sep 12, 2007 6:21 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

well i just bought 58 shares of MAT...they promising safer toys...hopefully people believe them...haha this is on chance....
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linh3203
PostPosted: Tue Sep 18, 2007 11:57 am Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Sep 2007

Posts: 40
This Month: 0

1965.67 e$

Net worth: 10,324.43
Portfolio Value: 4,883.76
Monthly Return:
0.89%
Trades this month: 0
Churn Rate: 0.00%

Items

i think i am gona buy more CFC...haha as a beginner i believe it is gona keep goin back up? haha
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