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[FlashFlooder]

AAPL tanking so hard. What do investors want? For Apple to give their phones away for free?

that would be the opposite of what investors want.

Everything relating to AAPL is a kneejerk-reaction these days. It's one of (if not, the) highest-profile stocks on the market. When investing in AAPL, you're really trying gauge the market's sentiment towards AAPL, rather than the company's actual performance.

Investors were expecting a phone so cheap that it would fly off the shelves, and a flagship phone with incredible, secret, revolutionary features (the latter is completely unrealistic in this day & age, IMO). Most investors are too short-sighted to realize that the 5c most likely has MUCH better margins for AAPL, and I suspect it actually WILL fly off the shelves (people love color, or somesuch).

This is basically the iPad Mini reaction all over again. If I had any dry powder I'd be picking up some AAPL sometime over the next week. I suspect they will surprise everyone in a big way with their next earnings.

 

[RevoDS]

that would be the opposite of what investors want.

Everything relating to AAPL is a kneejerk-reaction these days. It's one of (if not, the) highest-profile stocks on the market. When investing in AAPL, you're really trying gauge the market's sentiment towards AAPL, rather than the company's actual performance.

Investors were expecting a phone so cheap that it would fly off the shelves, and a flagship phone with incredible, secret, revolutionary features (the latter is completely unrealistic in this day & age, IMO). Most investors are too short-sighted to realize that the 5c most likely has MUCH better margins for AAPL, and I suspect it actually WILL fly off the shelves (people love color, or somesuch).

This is basically the iPad Mini reaction all over again. If I had any dry powder I'd be picking up some AAPL sometime over the next week. I suspect they will surprise everyone in a big way with their next earnings.

Disagree. With the rumors flying about the past few weeks, investors were clearly expecting a China Mobile deal which didn't come. That's all there is to this drop, it wasn't about the actual products.

That's also why it tanked today instead of yesterday. The second event in Beijing was basically a rerun of yesterday.

Whenever that deal comes, it'll boost sales tremendously. It'll likely come a few months from now and the stock will rise accordingly, but for now...down the drain we go.

That said, you're likely right about the iPhone 5C having some spectacular margins. We'll see on the next earnings, but that would also explain why management expected stable margins when they usually decline on product launches.

 

[Ether_Snake]

I bought some KO.

Might re-buy AAPL if it drops 15% to 20% under 500.

Still looking into putting a little bit of money in TAN, DDD, SSYS.

NKE is doing well

Might sell MCD in the near future, I think competition will just continue to increase in local foreign markets.

 

[Ether_Snake]

What do you guys think about this Twitter IPO? I can't imagine how Twitter can really manage to grow revenue. Anything advertisement related on a site that consists of 140-characters messages will become spam. It's not like Facebook where ads can sit somewhere. On Twitter you are looking at a very narrow spectrum of information, and that can only be where the advertisement will have to place itself to be noticed, causing spam. And then outside of growing the user base to get more ad revenue, there's little which can be really be done. You're not going to have games on Twitter...

 

[FlashFlooder]

What do you guys think about this Twitter IPO? I can't imagine how Twitter can really manage to grow revenue. Anything advertisement related on a site that consists of 140-characters messages will become spam. It's not like Facebook where ads can sit somewhere. On Twitter you are looking at a very narrow spectrum of information, and that can only be where the advertisement will have to place itself to be noticed, causing spam. And then outside of growing the user base to get more ad revenue, there's little which can be really be done. You're not going to have games on Twitter...

I'd stay away from it just because it might be a repeat of the Facebook fiasco. High-profile IPO's are a coinflip.

I like Twitter much more than Facebook as a company, though.

 

[No Love]

What do you guys think about this Twitter IPO? I can't imagine how Twitter can really manage to grow revenue. Anything advertisement related on a site that consists of 140-characters messages will become spam. It's not like Facebook where ads can sit somewhere. On Twitter you are looking at a very narrow spectrum of information, and that can only be where the advertisement will have to place itself to be noticed, causing spam. And then outside of growing the user base to get more ad revenue, there's little which can be really be done. You're not going to have games on Twitter...

Gonna be a really good stock to flip for the first couple months, that's for sure. I'm thinking it might take a bit of time to stabilize.

Also, next week I'll finally have a Pattern Day Trader account! So excited. I expect to make at least 20x+ more now that I don't have to hold positions lol.

 

[Sanky Panky]

Gonna be a really good stock to flip for the first couple months, that's for sure. I'm thinking it might take a bit of time to stabilize.

Also, next week I'll finally have a Pattern Day Trader account! So excited. I expect to make at least 20x+ more now that I don't have to hold positions lol.

Careful not to lose 20x+ more with the margin boost.

 

[No Love]

Careful not to lose 20x+ more with the margin boost.

Actually not gonna touch margin at all, its too risky. I only use 2-5k at a time on positions. I will save that extra margin buying power for big positions long term in stocks like Netflix, Apple, but thats a while from now.

 

[Husker86]

Not that I'm complaining, but wtf happened at 2 EST that made the market spike?

edit: Nevermind, a quick click and I see now that the Fed bond purchasing plan is what it was. I'm even more comfortable sticking with ETFs because I can't keep up with all this!

 

[Sanky Panky]

Not that I'm complaining, but wtf happened at 2 EST that made the market spike?

No taper "surprise" from the Fed. The bubble party continues.

They tested the waters with the narrative that they would reduce QE starting in September. Emerging markets went to shit, bond yields spiked, and stock market got the jitters.

Today they said.... SIKE!

In reality, the economy is getting worse and worse from the false "recovery", so they can't beging to pull back now.

 

[MrSunshine]

We're currently researching the four plans offered by Fidelity, which is where we're at, vs. a state plan where we'd have to shuffle money over to a new investment firm.

When I tried to look around a little in preparation to get my kid's fund started, conventional wisdom seemed to be that if your state offers a plan that gives you a deduction, then do that as that advantage is likely to be large compared to other possible differences amongst plans. So, I started contributions to the plan in my state -- not because it's the best, but because it gave a deduction.

 

[GhaleonEB]

When I tried to look around a little in preparation to get my kid's fund started, conventional wisdom seemed to be that if your state offers a plan that gives you a deduction, then do that as that advantage is likely to be large compared to other possible differences amongst plans. So, I started contributions to the plan in my state -- not because it's the best, but because it gave a deduction.

That's where my research landed as well. We've decided to use our state run plan, for the state tax deduction, since that's the only one that will get us the deduction. The funds underlying the investment options are almost entirely index funds (the combined expense ratio of the plan we're looking at is 0.12), so it's a good option to go with as any.

 

[Piecake]

Some of you might find this interesting

Beating the market has become nearly impossible

 

[RumblingRosco]

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[TylerD]

Just setup a Vanguard account with Rollover and Roth IRAs. Super easy process to get my money out of my old employer 401(k). I can't enroll in my retirement plan at the new company for 90 days and will be getting matched at 4% (up from 3%!) but the selection of funds doesn't look great.

Probably just going to do the 4% for the full match and then everything else will be split between my brokerage account and Vanguard IRAs.

 

[Chris R]

Are there any reasons I'd want to avoid an ETF? Just looking to move some money out of a savings account as I'd rather risk losing money than make just .1% on it.

 

[Piecake]

Are there any reasons I'd want to avoid an ETF? Just looking to move some money out of a savings account as I'd rather risk losing money than make just .1% on it.

nope. there is no risk difference between a mutual fund and an etf so long as both of those hold the same stocks.

https://personal.vanguard.com/us/funds/snapshot?FundId=0970&FundIntExt=INT

perfect fund to dump some money into. Once you put in more you can start diversifying into international and bonds, but if its only a couple K then id just put it all into the one above.

Stock risk really depends on the duration of your investment. Over a 35 year period, investing in a total stock market fund is a pretty safe bet. a 5-10 year period? 1 year period? Thats when it starts to get a little more risky. Why? Well, who cares if the market tanks 10 years into your 35 year investment? It doesnt matter to you. If you are investing duration is 2 or so years, well, it definitely does matter if the market tanks and it continues to suck until the day when you have to sell

But the best thing about investing in the total stock market is that you will never have to worry about losing all of your money. If the market takes a nosedive, just wait it out. You only lose money when you sell, so don't be a moron and sell all your stocks if the market does a 2008 tank.

 

[RevoDS]

Are there any reasons I'd want to avoid an ETF? Just looking to move some money out of a savings account as I'd rather risk losing money than make just .1% on it.

If you want to invest small but frequent amounts, you'll prefer mutual funds because commissions will eat much of the money you contribute (while mutual funds generally don't have such commissions).

If you plan on investing larger, infrequent amounts such as the transfer you're about to do (or if your ETF commissions are refunded, some brokers do this) then no, there isn't a significant downside.

 

[RumblingRosco]

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[Piecake]

I made my small fortune because of that 2008 tanking. My grandma passed away in early 2008. By the time her estate was sorted, it was around late summer when I inherited a bit of money (not millions or anything, but what I received felt like a lot of money at the time being that I was only 19). Around August of that year I started buying into mutual funds and individual stocks and kept buying until I ran out of basically all the money I had planned to invest; the last of it ended up being invested around early April in 2009. I have to say, there were many times I was like "shit shit shit why does the market keep going doooown" but in the end I just kept buying all the way down. Never sold a single holding in that time.

Today? Fuck yeah. It's like the stock market in 2008 decided to give me the greatest reset ever and basically moved the value of stocks back by ~10 years at that time. It feels like every investment I made was originally purchased in 1998 instead of 2008, and for all intents and purposes my portfolio looks more like something that has appreciated by 4% a year for 10-20 years more than the reality which is that I only started investing about 5 years ago.

I cannot wait for another market crash.

Yup, buy low, sell high. Way too many people don't have the nerves for that though. As for a market crash, you actually need to have cash on hand to benefit from that. I am not a believer in market timing and much prefer dollar cost averaging so I am not waiting for the next crash with a wad of cash sitting in my bank

You simply don't know when it will crash, how severe it will be, where the bottom will end up as, and if it would have been better for you to simply kept all your money in the market. If the market crashes enough, you can always rebalance by selling off your bonds.

If another crash does come, I am sort of tempted to do some tax loss harvesting, but I am a bit nervous about doing it since it just seems rather odd, counter-intuitive, and somewhat complicated to me. Plus, you actually have to have a loss on your funds to take advantage of that.

 

[Ether_Snake]

Yep I'm still investing, but finding fewer and fewer investments to put my money into. I like what I'm holding, and once in a while I get rid of something. So I'm doing mostly dollar-cost averaging and balancing things out along the way.

 

[evergoo]

Same sentiment as Ether Snake. The current market makes it really difficult to find value in blue-chip stocks. I'm also fearful of a big market correction in the not-so-distant future.

Recently, I sold out on long-term investments in NTDOY (Wii U struggles) for 18% gain and WAG (overvalued) for 74% gain. At the time, I bought NTDOY at a 7-year low and WAG at a 2-year low.

Stocks on my radar: BP, RDS.B, XOM, O, DLR, IBM, and KO.

 

[RumblingRosco]

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[Ether_Snake]

I so want to put money in solar, but so uneasy about seeing a sudden fall for a long period of time after having been burned before. The more portable consumer electronics gain in popularity, the greater the need for solar chargers (common on Amazon now). But a breakthrough in batteries could reduce the need for solar.

I expect future phones to have solar-panel surfaces. Car roofs could have them. Etc. It will be everywhere and cheap.

TAN would be the ETF I'd put my money in, rather than a specific company.

 

[Onion_Relish]

I so want to put money in solar, but so uneasy about seeing a sudden fall for a long period of time after having been burned before. The more portable consumer electronics gain in popularity, the greater the need for solar chargers (common on Amazon now). But a breakthrough in batteries could reduce the need for solar.

I expect future phones to have solar-panel surfaces. Car roofs could have them. Etc. It will be everywhere and cheap.

TAN would be the ETF I'd put my money in, rather than a specific company.

Rene solar (sol) is one I've been watching. It's around 4.4 with the estimated concensus at 5.2. Not sure how I feel about it but I've been watching it for a while now and it seems like a decent company

 

[Takuan]

There was a thread by cleveridea suggesting that TTWO was on its way to $20 minimum 3 weeks after the release of GTAV, based on the money that's been rolling in from its sales. He predicted a future value of $23-$25. Is this madness?

Edit: The stock has climbed a bit since the news of GTA V's record-breaking success, and $20 in another few weeks is not inconceivable.

 

[RumblingRosco]

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[FlashFlooder]

It could happen. Or, it couldn't. If it were so obvious that armchair investors like us could predict it, well, the stock would already be at $23-25. The fact is, most people expected GTAV to sell really well, so the stock was valued based on this assumption. Even though it sold a bit better than even some of the higher expectations, it's unlikely that it wouldn't have been factored into the stock price by now.

You buy a stock on the rumor and you sell it on the news; the news has already come and gone in this case.

IMHO, the good sales of GTA V were alrady baked in pre-release. A small part of the bump in the last week may be attributable to the stellar sales (highest grossing entertainment product, etc etc) but the REAL reason for the pop was the revelation that GTA online would feature microtransactions.

It's going to make TTWO a ton of money. I think the stock will start soaring when GTA Online is released and they announce that more hours were spent playing it on opening weekend than were spent building the pyramid of Cheops. When they announce how much money it's making in their next earnings conference, we will have liftoff.

I don't own any right now, but I'm thinking of freeing up some assets to buy here.

 

[Ether_Snake]

What most don't factor in at this point is that TTWO will likely release GTAV DLC on current-gen that will sell really well, on top of GTAO (which came out of nowhere), and then a year from now or so re-release GTAV on next-gen with DLC packed in. That's a lot of sales of the same game.

Let alone that GTAO revenu is probably not factored it well at this point.

In other news, I'm glad I invested in NKE. Up 44% so far.

edit: Sold all my MCD shares for a bit of profit.

 

[RumblingRosco]

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[FlashFlooder]

How would GTAV DLC, GTAO, and GTAV + DLC on next-gen not be factored in yet? We've known about them for weeks/months. We don't know how well they will do, but we know they exist, which is the majority of the battle anyway. I'm really not trying to talk you guys out of buying into TTWO, but I'm just arguing that I can nearly guarantee that managers of large hedgefunds are not oblivious to the DLC/next-gen/online revenue possibilities of GTAV.

hedgefund managers and market makers are not infallible. I think there's a decent chance they're underestimating the impact of GTA:O microtransactions (which were not confirmed, in fact I read very little even suggesting the possibility, until just this week).

The way I see it, if there is a correction in the stock price it will be due to this one revenue stream (because I agree that the others you stated are already factored in).

 

[Ether_Snake]

The edge fund managers have no idea compared to people closer to the industry. I'm not telling people to buy TTWO, I always made money on it by buying when it had fallen a lot. But it's always been a lot easier for me to trade gaming stocks which I understand better than some edge fund manager.

 

[Piecake]

Personally, I think that stock price in the short term is nothing more than voodoo magic, feelings, and robots. Who the fuck knows what the price is going to be? I sure as hell don't and no one else does either. Its basically all a gamble. Only in the long term does it make sense, and, well, its hard to pick individual stocks long term

 

[Buzzati]

Does anyone trade options? I just got into this. I am pretty conservative and never buy naked options, though. I've read some books on the subject and I'm doing pretty well with it - but i have no pretensions..I think I'm just lucky.

 

[RevoDS]

Personally, I think that stock price in the short term is nothing more than voodoo magic, feelings, and robots. Who the fuck knows what the price is going to be? I sure as hell don't and no one else does either. Its basically all a gamble. Only in the long term does it make sense, and, well, its hard to pick individual stocks long term

Over the short term, it's mostly psychology. It's anticipating or reacting to events that will make other traders want to buy the stock (these events can be real news, or a change of technical nature such as a breakout because after all, that's what technical analysis is - analyzing supply and demand)

Does anyone trade options? I just got into this. I am pretty conservative and never buy naked options, though. I've read some books on the subject and I'm doing pretty well with it - but i have no pretensions..I think I'm just lucky.

I do sometimes. I've got a small account I keep for more speculative trading and I've had mixed results on a per-trade basis but I still gained money from it.

The way I see it, I have to be very certain of my analysis to trade options and even then I buy a lot of time, dabbling only in longer-term options.

 

[carlos]

IMHO, the good sales of GTA V were alrady baked in pre-release. A small part of the bump in the last week may be attributable to the stellar sales (highest grossing entertainment product, etc etc) but the REAL reason for the pop was the revelation that GTA online would feature microtransactions.

It's going to make TTWO a ton of money. I think the stock will start soaring when GTA Online is released and they announce that more hours were spent playing it on opening weekend than were spent building the pyramid of Cheops. When they announce how much money it's making in their next earnings conference, we will have liftoff.

I don't own any right now, but I'm thinking of freeing up some assets to buy here.

Just my two cents on TTWO, the amount of sales that have been announced were not all baked in prerelease; its possible that they might sell their yearly forecast (19M units) in two weeks, or by sometime in october; that's crazy and can't be accounted for in the current price. Heck, have you noticed zynga is worth more than twice what ttwo is valued at? talk about the market not knowing about the VG industry.

The reason the stock price had not moved much was a downgrade to "sector perform" from some unknown "analyst" saying that they have no pipeline (this was just previous to release of gtav, btw.)
AND
The options expiration date last friday the 20th; there were big interests making sure that the stock price ended under $17 dollars, and lo and behold, it ended at 16.99 (market manipulation much?). There was some crazy volatility that week, with the stock surging in the AM and losing all gains by the PM. (Congrats Goldman Sachs)


We pass the options expiration date, and have a nice move upwards last week, and I can see it going steadily for the next few weeks (barring something stupid happening in DC) until a nice pop when earnings are announced at the end of Oct.

$20 is doable by earnings, IMO if washington doesn't have a lasting effect on the whole market, and if there's any type of logic in the market, it could be in the mid twenties by the end of the year or january earning conference. (beware those option expiration dates, though).

Due to the low float of TTWO, the steady good news coming out will probably make the price will go up faster than your usual stock. It hasn't had crazy unjustified gains like many others during the year (gamestop, ea, to a lesser extent TSLA and FB), so I expect it to still keep moving upwards for quite a while longer.

Disclaimer, I am not an analyst (but I should be, I at least know more of the industry than some of the bozos out there). I have been long on ttwo for a couple of years and continue to buy more when I can and hold what I have. At the very least I consider it a steady investment that's undervalued at the moment with a good potential for breakout.

A certain celebrity analyst called GTA online "a stupid idea"...we'll see how those microtransactions do....apparently he wasn't expecting them? Sorry for the long post, but hopefully someone out there learned something; always do your own research when buying stocks! good luck to all!

 

[Ether_Snake]

There was a funny article on Bloomberg today, some guy saying this is like 1954 and all, a real "new paradigm!" case. Time to pull out?

 

[Cloudy]

NFLX is on fire lately. Congrats to everyone who jumped on this at $90

 

[popeutlal]

Oh my, DCTH up 99% today :O

 

[snack]

I need some new stocks to invest in. Anyone got ideas?

 

[Reven]

So is it a smart idea to buy TSLA today or tomorrow? Do you guys think it will bounce back?

 

[GalacticSushiman]

I don't know what you guys are using as a provider, but if I may, let me please advise against ETRADE if you are not a US citizen.

Their system to avoid 'double taxing' (the taxes from your country which you are a fiscal resident of and the one from the US) is NOT automatized, and it takes weeks/months to get everything sorted out. And then weeks again for the wire transfer to arrive (I am still waiting...). Very disappointing service.

/rant

 

[Sanky Panky]

This is too cool... here is what HFT and algo trading looks like in visual form.

http://www.youtube.com/watch?v=NRUCWIosL_k

Let's not try to front-run THAT.

 

[Ether_Snake]

I'm thinking of buying BAX. What do you guys think? The financials seem good, and shouldn't there be more costumers over the long term with socialized medicine in the US (yeah I know, precarious situation but can't be worst than before?). Plus it's a market prone to automation/labor reductions as technology advances.

 

[Shanks D Zoro]

Hi,

I am thinking of investing in some stocks. I am just looking at investing around $500-$1000 to begin with. Just something to start with and wet my toes with and I am willing to loose for my learning period.

I was wondering what type of price range of the stock I should be looking at???

Also, I know you should not invest in something just because you are a fan of it, but Buffet says invest in what you know. I was thinking of investing a similar amount in Sony and keep it for the next few years.

My reasoning is that Sony is continuing to grow its smartphone range and is becoming more popular in Europe, it is a World Cup year next year and that generally sees a rise in TV sales and Japan should hopefully see an increase in 4k sales with a channel for showing the World Cup. I believe that the PS4 will do better than most people expect(maybe this is where the fanboy foolishness comes in), an analyst has also estimated that ps+ will see Sony bring in revenue of 1.5 billion a year in a couple year, and blockbuster films like Spiderman 2 are coming out next year.

I also like what Kaz has done in the last year and he is a manager that I feel I can trust.

I do not know enough about their financial divisions, but it looks ok from what i can tell.

So those are my two questions.

What price per share should I be looking at on a $500-$1000 investment??? and is it foolish to invest in Sony???

 

[FlashFlooder]

Hi,

I am thinking of investing in some stocks. I am just looking at investing around $500-$1000 to begin with. Just something to start with and wet my toes with and I am willing to loose for my learning period.

I was wondering what type of price range of the stock I should be looking at???

Also, I know you should not invest in something just because you are a fan of it, but Buffet says invest in what you know. I was thinking of investing a similar amount in Sony and keep it for the next few years.

My reasoning is that Sony is continuing to grow its smartphone range and is becoming more popular in Europe, it is a World Cup year next year and that generally sees a rise in TV sales and Japan should hopefully see an increase in 4k sales with a channel for showing the World Cup. I believe that the PS4 will do better than most people expect(maybe this is where the fanboy foolishness comes in), an analyst has also estimated that ps+ will see Sony bring in revenue of 1.5 billion a year in a couple year, and blockbuster films like Spiderman 2 are coming out next year.

I also like what Kaz has done in the last year and he is a manager that I feel I can trust.

I do not know enough about their financial divisions, but it looks ok from what i can tell.

So those are my two questions.

What price per share should I be looking at on a $500-$1000 investment??? and is it foolish to invest in Sony???

The problem with investing in foreign stocks is that you then have to worry not only about the stock you invested in, but also the larger macro economic market. Imagine a scenario where Sony is making money hand over first, but Japan's economy sinks into a huge recession. Or a weakening dollar wiping out your gains when i comes time to sell.

 

[ShOcKwAvE]

Hi,

I am thinking of investing in some stocks. I am just looking at investing around $500-$1000 to begin with. Just something to start with and wet my toes with and I am willing to loose for my learning period.

Why not an ETF based on the S&P? Definitely less volatile for a novice.

 

[RevoDS]

Hi,

I am thinking of investing in some stocks. I am just looking at investing around $500-$1000 to begin with. Just something to start with and wet my toes with and I am willing to loose for my learning period.

I was wondering what type of price range of the stock I should be looking at???

Also, I know you should not invest in something just because you are a fan of it, but Buffet says invest in what you know. I was thinking of investing a similar amount in Sony and keep it for the next few years.

My reasoning is that Sony is continuing to grow its smartphone range and is becoming more popular in Europe, it is a World Cup year next year and that generally sees a rise in TV sales and Japan should hopefully see an increase in 4k sales with a channel for showing the World Cup. I believe that the PS4 will do better than most people expect(maybe this is where the fanboy foolishness comes in), an analyst has also estimated that ps+ will see Sony bring in revenue of 1.5 billion a year in a couple year, and blockbuster films like Spiderman 2 are coming out next year.

I also like what Kaz has done in the last year and he is a manager that I feel I can trust.

I do not know enough about their financial divisions, but it looks ok from what i can tell.

So those are my two questions.

What price per share should I be looking at on a $500-$1000 investment??? and is it foolish to invest in Sony???

Investing in Sony isn't any more foolish than it is with any other stock and there are things in your thesis that make sense, but there are also a few holes.

Off the top of my head and without having researched SNE specifically,

1)Markets are a game of expectations. Anything that is known and confirmed (such as revenue brought in by The Amazing Spider-Man 2) is "priced in", meaning that it won't have much of an effect on the stock price upon its release. That said, if for some reason you expect it to do better than the market expects (which is likely close to the first one's numbers), that would become a potential positive.

2)Be cautious about expecting growth in smartphones and TVs. The smartphone business in general has seen slowing growth in recent months and is generally a break-even business with razor-thin margins for anyone that isn't Apple or Samsung, so revenue growth won't necessarily bring increased profits or a higher stock price. Same goes for 4K TVs, as Sony's TV business has generally been losing money for the last few years.

The rest of your ideas are fair enough and are potential catalysts.

Note that I'm not trying to tell you not to buy it, I'm simply providing potential risks because no analysis is complete without both the positives and negatives.

Also, whatever you do, don't put all of your money into a single stock. If you don't have more than that $1000, stick to ETFs as proper diversification will require losing a significant portion of your money due to commissions on each stock you decide to buy (I should know, I started with $2000 and now I'm stuck with a few $200-300 positions with a significant profit on a percentage basis but that aren't really worth selling due to commissions).

 

[Shanks D Zoro]

Thanks for the advice guys.

i do not know that much about ETFs, but I would prefer to handle it myself rather than just piggyback on someone else's work. I just want to learn the ins and outs of investing and do not mind not making a profit the next couple of years because of taxes and commissions. I would just like to try my hand and see if it something I can start putting more money into a couple years down the road.

@RevoDS, thanks for the advice about Sony. i did not know about point 1. I have been reading that Sony phone business in now becoming more profitable and has good margins.

I know Kaz also has a grand plan for 4k, which will see them stream there studio content to 4k boxes that can only connect to their 4k tvs.

@FlashFlooder thanks for the tip too. I actually live in SK saw would have to watch the American market for rescission too. I do not mind the extra work and time needed to watch the different markets.


Also guys, i wonder if you could help me on my strategy.

I have been looking at stocks that have seen a fall in is stock price in the last 12 months and then been looking and the causes and whether it was down to poor management and can be turned around, and if it was caused by external reasons. I am then studying all the financials and reading the reports.

I am then making my judgement based on whether the company is run well and has a good team that can turn it around and ha had solid financials except for one blip. And also if the external reasons should see an improvement and return the stock to near its previous worth.

An example: One company I am looking at is Anglo American. It was trading at around $17 dollars at the beginning of the year and is now at around $12. the dip in share price is down to the fall in mineral prices that have seen all mining stocks fall. But from what I can tell it is a well run company and next year will see them start outputting from their big Brazilian mining project. It has seen steady improvements since its 52 week low in early July.

Is my strategy a sound one?

Any pointers would be appreciated.

 

[Sanky Panky]

S&P is now slightly below the long-term trendline since December of 2012.

Be cautious out there guys.