Investing

News, politics, economy, local and global information, geography, life, living, and travel forum.

0
No votes
 
Total votes: 0

Bandyta
Posts: 319
Joined: Sat Sep 18, 2004 3:45 am

Investing

#1

Post by Bandyta »

ok first I would like to ask if any of you invest?

I have been investing over the past 5 years, and even though i have lost most of my money... well gotten behind a lot i still love it. I just bought myself an extra 76 shares of Sirius Satellite Radio. What I am trying to do is get in before Howard Stern hits the waves in 2006 and make some easy cash. So far I have around 200 shares but hoping to have at least 500 shares by the time stern gets on sirius. just think about it 500 * 3 bucks, and I guarantee at least that. nice 1,500 end profit. I am sure it will go up more but i can honestly say that it will go up 3 bucks once he gets on. They have more ship coming up besides him so there is no doubt in my mind its going to go up.

If anyone wants to get in on Sirius now is the time. stock symbol "siri".

If you want a bunch more info on stocks watch "Jim Cramer" at 6pm, 9pm, or 12midn. this guy is fucking sick, smashing keyboards, kicking chairs getting all fired up and shit. boooyaaaa jimbo!!!!!!


here is a little image.
GREEN dot is where stern was announced for sirius, that was a year ago. the YELLOW is where the stock is at now, with stern rapidly approaching. as you can see he was accouned to join at $4 a share and sky rocketed up to $9 bucks +. slowly droped and is where is currently where it is today, have no fear it will sky rocket again all too SOON.

BBcode:
Hide post links
Show post links
User avatar
AYHJA
392
Posts: 37990
Joined: Fri Sep 17, 2004 2:25 pm
Location: Washington, D.C.
Contact:

#2

Post by AYHJA »

I've always been curious about trading, but never had the balls or loose cash to consider it seriously...

But your investment seems like a good one, Sirius is picking up, and I'm going to be investing in one soon...Stern..? Unleashed..? Yeah, I can feel a ratings boom already...

So, how did you get started..?

BBcode:
Hide post links
Show post links
Bandyta
Posts: 319
Joined: Sat Sep 18, 2004 3:45 am

#3

Post by Bandyta »

i got started back in 2000. my father gave my brother and me 500 bucks each, hes like go and invest this money see what you can get out of it. so i have been adding money in on my own, just really got me interested. of course i could have read up more about it but thats in the past i can only look into the future. if i dont go and learn more about how stocks work and how to invest smart that would just be dumb.

i am sure i have learned from my mistakes and look forward in making some great cash in sirius.

**UPDATE
if any of you know about the show Mad Money with Jim Cramer, I have some news for you. I was watching the show on 10/11/05 and someone asked about SIRIUS Stock. he said "i have said before that anyone interested in it should wait till October. Well its October so BUY BUY BUY", he said that it would start riding the Howard Stern hype till stern finally joins sirius in 2006. so people open up your wallets. here comes easy money.

i will keep everyone updated :!:

BBcode:
Hide post links
Show post links
Bandyta
Posts: 319
Joined: Sat Sep 18, 2004 3:45 am

#4

Post by Bandyta »

you know as of late things have been pretty crazy in the stock market. from where we left of the yellow represented about 6.50 points for sirius. from then it droped to 5.70. what a great time to buy it. anyways in the past 3 days it has made its way up to 6.30. if only i could go back in time and buy the crap out of.

conference call is coming up on november 1st. lets see what happens.

BBcode:
Hide post links
Show post links
User avatar
AYHJA
392
Posts: 37990
Joined: Fri Sep 17, 2004 2:25 pm
Location: Washington, D.C.
Contact:

#5

Post by AYHJA »

In layman's terms, how does investing in stock make you money..? Lets read a scenario...

BBcode:
Hide post links
Show post links
User avatar
raum
Posts: 3944
Joined: Sun Jul 24, 2005 10:51 am

#6

Post by raum »

it depends, many revenue streams can be provided from a powerful portfolio of stock.

Taking Stock in a company is like giving them a loan, if you buy it from them.

There are also public shares, but you pretty much cash out on the variance as the price goes up and down, and yu ride the waves or sink.

trading is tricky, but lucrative... if you have the intial capital.

basically, say a share of a company ABC is .35 now. You buy 100 shares of the company, which has say, 35 million shares speared in the common market; representing thirty-five percent of the company. This costs you 35.00. Now you own 1/millionth of the public company.

Say yo check your stock the next week, and the price has went up to 3.50 a share. You just made your 35.00 into 350.00. That looks REALLY sweet, huh? Now you have the choice, try to find a buyer (once you hire a broker, or pay subscription fees for e*trade) or see what happens to the pay.

This is easy, but exhausting. Has the quickest yield and the highest suicide rate and yo have to REALLY be a news hound.

Other ways, you can buy long-term into a company (agrreing to stabalize their financial status) and you get "dividends" on your shares. You keep your shares, and when the company has a financial vantage point, you get a check based on a rate per share. This pays off most if you work for the company.

This is as simple as trusting a heartless corporation. This is a way to play it safe. This is "let the market play with your money."

I know of at least six other ways to play the market, without a broker.

One of the best is futures. It's like giving a company a loan, and they have a minimum set interest rate, but no maximum. you can also choose not to sell their stock back to them. You will not see much actual money from this for years, if even that.

The safe (and often expensive way) to play the market is with a broker,.. let a broker (or more than one) play with your money, and they give you dividends off of it, and sometimes even buy your shares for prices that reflect what they will BE worth. Make sure yo know the compay, and have an outlined portfolio. KNOW HOW THEY USE YOUR SCRAPS.

The key to note is this is an INVESTMENT, not a consistent or primary revenue... unless you are lucky.

...that being said, cheese is going to be hot soon. Cali, particularly.



Ch

BBcode:
Hide post links
Show post links
Bandyta
Posts: 319
Joined: Sat Sep 18, 2004 3:45 am

#7

Post by Bandyta »

cheese?

BBcode:
Hide post links
Show post links
User avatar
raum
Posts: 3944
Joined: Sun Jul 24, 2005 10:51 am

#8

Post by raum »

yup, cheese - cali cheese in particular

the yield from the midwest will be affecting by bad weather, and most in the south central that was aging is gonna be useless.

we are coming into holidays, and cheese is a big deal at paties. Where they gonna get the cheese, cali yah?

BBcode:
Hide post links
Show post links
User avatar
raum
Posts: 3944
Joined: Sun Jul 24, 2005 10:51 am

#9

Post by raum »

oh, and the need in europe after devastating mad cow, will take a toll on the futures market.

anyone who looks at dairy movement in the market knows this time of year is the year to sell.

BBcode:
Hide post links
Show post links
Bandyta
Posts: 319
Joined: Sat Sep 18, 2004 3:45 am

#10

Post by Bandyta »

wholesale natrual foods or at least i think thats the companys name is just kicking ass. since 2000 it has been constantly making jumps up and up and up in revenue. i dont have the article but its pretty nice where natural foods are finally going.

being a vegetarian it makes me happy

BBcode:
Hide post links
Show post links
Post Reply