storafötter
Member
So I stumbled upon this website for buying stocks for SNE at Etoro. Is this place credible? If not I would like to hear with people with experience.
Credible place to buy Sony Entertainment Division stocks?
- Thread starter storafötter
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https://www.google.com/finance?q=NYSE:SNE&ei=3mQ3UojxEcKQrgGXDg ?
Why would you want to buy stocks in just the entertainment division? Rest of the company makes more money.
Why would you want to buy stocks in just the entertainment division? Rest of the company makes more money.
makingmusic476
Member
Wouldn't you just buy SNE stock? I don't think you can only invest in a part of Sony.
Seems sketchy.
Edit:
You edited!
Seems sketchy.
Edit:
You edited!
storafötter
Member
Sorry yes I misunderstood. I edited the thread title.
busterhighman
Neo Member
they will if dan loeb gets his way
HerbertFish
Member
Cow Mengde
Banned
With the way Sony is doing, it'll be hilarious.
storafötter
Member
Well I do not l know much about it but I want to learn more about it. However 100 dollars to burn for 1 stock is not the worst thing I could try as money has been wasted on other things. Plus sony has potential with the release of PS4 (even if their other divisions are strugglying I know).
Well at least this thread inspires me to look more into things. I am fully aware that stock exchange is speculative and flunctuates all the time. I do not expect to become rich or anything.
Randolph Freelander
Member
storafötter;82205997 said:
Dude, just take your money and set it on fire.
HerbertFish
Member
storafötter;82205997 said:
You are probably going to have to buy in 100s, not just one share. One lot (100 shares) will cost you about 2,200 + fees.
The_Inquisitor
Member
storafötter;82205997 said:
100 dollars? That's really not enough to place in anything. Why not take 4 thousand and invest in a vanguard MTF? You're going to track under the S&P 500, but it will be better than a savings account.
Yeah. You definitely need to do some more research other than, "I think the PS4 will sell really good!"
storafötter
Member
Well I think its out of the question to buy 100s of stocks if I have no prior experience. There is more for me to lose if I was to buy stocks it would not be hundreds. Maybe several at most to begin with.
Point taken. At first I misunderstood and thought that Sony had separate stocks for separate divisions.
Colonel Nasty
Member
Guys, let him learn the hard way. You should buy some Naughty Dog shares too.
storafötter
Member
I think it is funny that I am called a sony fanboy just because I am curious about Sony stocks. Talk about derailing the thread.
I would not be surprised that people have bought stocks to brands or companies they have association with or been a customer to.
Okay that puts things into a different perspective.
Yes you are right I need to learn more about it before trying it.
Brofist
Member
First thing I thought too.
You guys are being unnecessarily harsh. $100 in learning how markets worth is an extremely worthwhile endeavor.
Open up an account at a discount brokerage and buy some stock. You will lose money on the trading fees alone (unless Sony goes absolutely nuts).
You can learn how we evaluate stocks, how primary and secondary markets work, and you may find you even like it.
Don't invest more than $100.
Open up an account at a discount brokerage and buy some stock. You will lose money on the trading fees alone (unless Sony goes absolutely nuts).
You can learn how we evaluate stocks, how primary and secondary markets work, and you may find you even like it.
Don't invest more than $100.
Fixed.
That's exactly how I see this
OverBlood 3
Banned
Might as well put it on a 200/1 horse.
storafötter;82208153 said:
Yes, this is a common failure mode in amateur investing.
Anyway, if you're wanting to just buy a single share as a sort of learning experience, that's probably safe enough. Looks like SNE is just over $20 at the moment, so it's not like you're going to lose a lot. Look into DRIP programs, which should let you start with a very small number of shares, possibly even just one. It's not something I use personally, so I'm not sure on this, but I think Scottrade allows DRIPs. Scottrade has transaction fees (which will be a significant percentage of your purchase amount if you're buying a low number of shares), but IIRC they have no account fees or what have you. Might talk to them and ask if it's possible to buy a low number of shares.
Well, I generally agree, but might as well be more specific so as not to cause a derail.
Yep this. Good luck OP
The_Inquisitor
Member
storafötter;82207385 said:
Read up on mutual funds OP.
chaosblade
Unconfirmed Member
Isn't it better advice to do this with "play money" first and once you have a better understanding then you do it with real money?
I've been thinking about doing this since I've been saving money while living with my parents and it's piling in a savings account gaining near-negligible interest. Tough to know where to begin though.
storafötter
Member
Thanks for the encouragement.
This sounds like an interesting thing to try. thanks for the recommendation.
The_Inquisitor
Member
For reference I put a 4k seed into a low risk vanguard mtf last year as an "extended" savings fund. I place 200 more a month.
My return is well over 300 dollars. Yes it's very small but for a hands off investment the return is solid. Don't plan to touch it got a long time. Eventually I'll transition my cash to more individual investments but I'm not ready yet. I leave all my risk in my 401k's.
To be fair I road the market wave. I do not expect similar growth.
My return is well over 300 dollars. Yes it's very small but for a hands off investment the return is solid. Don't plan to touch it got a long time. Eventually I'll transition my cash to more individual investments but I'm not ready yet. I leave all my risk in my 401k's.
To be fair I road the market wave. I do not expect similar growth.
You can. But you want to live fancy? Live in a big mansion? Party in France?
(Play money is totally fine but you're always going to have the "lessons" stick more when you've got skin in the game.)
For reference, I was REALLY stupid when I started investing. I dumped my entire savings into one stock. Granted, it was only $4K, but that's a tremendous amount of risk for someone to take. Haha.
When you are serious about watching your money grow, you can move to IRAs and other structured (and unstructured) savings plans and start stuffing money into mutual funds and ETFs, but that is not exciting. It's designed to be boring. It doesn't take much to approximate total market returns. You just won't have that much fun. With $100, you can't lose. Well, you can. But it's $100. You were probably going to buy a Hatsune Miku Lifesize pillow anyway.
gutter_trash
Banned
a business man does not buy stocks out of fanboyism
Mohonky
Member
Also my first thought.
My first reaction was to laugh though.
Buying stock in Sony? Seriously? Just take your money and go for an all night pisser.
FireAndBlood
Member
The more PS4s sold, the more money Sony loses.
A mutual fund is the best route if you have low money. You have a diverse portfolio, thereby taking less risk.
If you want to gamble with it, buy HPQ and MSFT options. Those stocks are so volatile, you'll make a quick profit!
A mutual fund is the best route if you have low money. You have a diverse portfolio, thereby taking less risk.
If you want to gamble with it, buy HPQ and MSFT options. Those stocks are so volatile, you'll make a quick profit!
I wonder how many people said things like this to Apple investors before they exploded?
FireAndBlood
Member
Biggest mistake among investors. They buy when hearing how much a stock has risen.
They miss the gains, and buy it at a high price.
Then they sell when it drops. Selling it cheap and catching all the losses.
Just watch Tesla.
The PS4 unlike Apple Computer's venture into mobile computing is worthless and even detrimental to Sony investors.
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