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| tolarius |
 Posted: Mon Sep 24, 2007 10:26 am Post subject: Need Some Advice... |
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First I want to give a really big thanks to everyone, I have been watching these forums for quite a few monthes now and must say the advice and help is invaluable.
So let me give my situation, me and my fiancee' have about 700, 800 dollars lying around in our account just sitting there. I would like to get that money working towards some investment and have it making some steady incoming, nothing large at all. We are in our low 20s, we know a little about investing, but not too much.
Any suggestions?? Thanks. |
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| Im Not Warren Buffett |
| Posted: Mon Sep 24, 2007 3:08 pm Post subject: |
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CFO
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If you have $700 or so dollars in savings that you want to invest and you don't know how to do advanced analysis, you should consider purchasing a broad market ETF.
If you have $700,000 or so dollars sitting around, call me and we can work something out.  |
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| WDiJohns |
| Posted: Thu Jan 17, 2008 10:13 am Post subject: |
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| I agree with the man who is not Warren Buffet, although, your time frame is a factor. If you can put that money into a broad market ETF or Mutual fund (the only good ones I know of require min investments of usually in excess of $1000 - VFINX's min is $3000) and keep your money there for at least 2-3 years then you should pursue that course of action. Anything less than 1.5-2 years is risky considering how volatile the market can be, especially if all of the savings you have is tied up in it. |
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| bazmanblue |
| Posted: Fri Mar 07, 2008 3:21 am Post subject: |
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If you want a quick return on your money then trading in cfd,s is the way to go.
You dont actually buy shares as such but buy a contract on the assets.
You then earn or lose money on the opening and closing price of the asset.
Many people have got rich very quick from cfd's but there is also the risk of losing money quickly.
Finding a broker will help as they can advice you on stops that sell when the
asset falls below a certain amount you can afford to lose. |
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| prs1065 |
| Posted: Fri Mar 07, 2008 6:56 am Post subject: |
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| i started with 300.00 at sharebuilder. you can buy parts of stocks or whole stocks. |
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| Slim_80 |
| Posted: Fri Mar 07, 2008 8:07 am Post subject: |
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Investing Sr. Associate
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In my early 20's I would have put that on red or black on the roulette wheel. But that's just me  |
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| Staggs |
| Posted: Sat Mar 15, 2008 4:40 pm Post subject: |
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You can buy a lot of lottery tickets for that much money.
With all the banks failing and such you could always put the money underneath the bed mattress.
Seriously, what I would do is trade those U.S. dollars in for some other currency before its to late. |
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| Slim_80 |
| Posted: Mon Mar 17, 2008 7:33 am Post subject: |
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Investing Sr. Associate
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| BobbySeals |
| Posted: Mon Mar 17, 2008 12:35 pm Post subject: |
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| How do invest in forgien currecy--I feel like the dollar is going to crash, i need to move my funds into euro or Israel dollars |
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| l0ck |
| Posted: Tue Apr 01, 2008 5:40 pm Post subject: |
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| prs1065 wrote: | | i started with 300.00 at sharebuilder. you can buy parts of stocks or whole stocks. |
and how has it worked out so far? timeframe? if you don't mind that is. |
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| Staggs |
| Posted: Wed Apr 02, 2008 7:36 am Post subject: |
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| BobbySeals wrote: | | How do invest in forgien currecy--I feel like the dollar is going to crash, i need to move my funds into euro or Israel dollars |
I was hoping that someone else would have answered this question by now. I will take a crack at it. What you will probably have to do is drive down to your local bank and withdraw all of your money. Get in your car with the US currency and drive to the Canadian or Mexican border. Find the nearest currency exchange booth and buy all you can. Drive back to your house and hide the money under your bed mattress. Repeat this process as needed. This way you will be ready for the crash of the dollar.  If anybody has a better idea please share. |
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| vetelmo |
| Posted: Wed Apr 02, 2008 12:01 pm Post subject: |
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Moderator
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| Goto forex.com and ou shall fiund the answer to your question Staggs. |
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| Staggs |
| Posted: Wed Apr 02, 2008 5:13 pm Post subject: |
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| vetelmo wrote: | | Goto forex.com and ou shall fiund the answer to your question Staggs. |
You just saved me a ton of money in gas!! Thank you for the info. I opened a practice account already and started playing around. You can open a real account for as little as $250 bucks! This site feels very sophisticated. I'm getting the impression that this would be something that advanced traders would even steer clear of. While at this site I got an eerie feeling like I was being watched by something or someone you could even say like a secret society.  |
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