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korea.teacher
Joined: 04 Feb 2009
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Posted: Fri May 03, 2013 2:47 pm Post subject: Stocks Hit New Highs: What's in Your Portfolio? |
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http://finance.yahoo.com/news/stocks-surge-highs-hiring-climbs-171141295.html
"The market jumped from the opening bell, traders donned party hats, and a wave of buying helped the Standard and Poor's 500 index crack the 1,600 mark for the first time. The Dow Jones industrial average broke through 15,000....The unemployment rate fell to the lowest level in four years, 7.5 percent."
What's in your portfolio? |
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OneWayTraffic
Joined: 14 Mar 2005
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Posted: Sun May 05, 2013 12:36 am Post subject: |
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What that really means, is that if you were planning to buy shares, it's now going to cost more.
I'm wondering when the next sale will be on.
Long
STX
BBRY
Sold MSFT, LLTC and DELL all at a profit.
Since I started buying stocks like I'd buy businesses I haven't lost a dime. |
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johnjle3
Joined: 29 Apr 2013
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Posted: Sun May 05, 2013 10:15 pm Post subject: |
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What brokerage do you guys use? And did you make your account before coming here? |
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Otherside
Joined: 06 Sep 2007
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Posted: Sun May 05, 2013 10:39 pm Post subject: |
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I'm not US based, so a lot of the names in my market universe may be unfamiliar to most.
Most recently, I've taken the resource crash (specifically gold) to bulk up on some resource (general, platinum and gold) shares.
I've also got a pretty big position in solid companies with a strong emerging market focus: MTN, HSBC, STANCHART, BATS.
So far, been a pretty good year on the market, but if you follow the financial news, you'll know all about sell in May and go away. |
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isitts
Joined: 25 Dec 2008 Location: Korea
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Posted: Sun May 05, 2013 11:42 pm Post subject: |
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johnjle3 wrote: |
What brokerage do you guys use? And did you make your account before coming here? |
I use e*trade, but I'd opened that account back in 2006. I think there are other online discount brokers that have lower commission fees. You can google "best discount brokers" and maybe specify 2013 and see what comes up. Although e*trade has been hurting since 2008, I still like their service and user interface.
I'd opened the account when I was home between jobs, but if you have an address back home (I'm from the US) you can use, like your parents', and you know your home bank's routing number (and, of course, your account number), you should be able to open an account without being in your home country. |
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chrisinkorea2011
Joined: 16 Jan 2011
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Posted: Mon May 06, 2013 12:22 am Post subject: |
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Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
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atwood
Joined: 26 Dec 2009
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Posted: Mon May 06, 2013 12:35 am Post subject: |
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chrisinkorea2011 wrote: |
Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
VTSMX, VFWSZ, VWITX should get you started.
If you're new to investing, I suggest looking through the following: http://www.bogleheads.org/wiki/Main_Page
It might stop you from making beginner mistakes and save you lots of money. Informing yourself is time well invested.http://www.bogleheads.org/wiki/Main_Page |
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nora
Joined: 14 Apr 2012
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Posted: Mon May 06, 2013 4:18 am Post subject: |
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The Intelligent Investor by Benjamin Graham is the book to read.
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Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
If your attitude is "play around with" might as well go to the casino. |
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isitts
Joined: 25 Dec 2008 Location: Korea
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Posted: Mon May 06, 2013 7:02 pm Post subject: |
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chrisinkorea2011 wrote: |
Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
Investopedia is a site that has helpful tutorials and definitions of basic jargon of investing.
Yahoo Finance has articles on specific stocks (you can look them up by ticker symbol).
Motley Fool also has guides to investing.
Yahoo Finance and Motley Fool have kind of gone downhill with info on companies, but they are still fairly useful. At the very least, you can learn the companies' names and find other articles on them from other sites. |
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tran.huongthu
Joined: 23 May 2011
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Posted: Mon May 06, 2013 7:39 pm Post subject: |
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nora wrote: |
The Intelligent Investor by Benjamin Graham is the book to read.
Quote: |
Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
If your attitude is "play around with" might as well go to the casino. |
I second this. The stock market is too volatile and no one knows when a fiat bubble is going to burst. I've been buying up physical gold at a discount and expect it to go back up as countries around the world have no choice but to continue to devalue their currency in the short-term. |
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No_hite_pls
Joined: 05 Mar 2007 Location: Don't hate me because I'm right
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Posted: Mon May 06, 2013 8:21 pm Post subject: |
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I have been selling for last few weeks and am waiting for a dip. I use Fidelity, I find their research tools great and their fees are very low. Vanguard is also very good but I believe Fidelity has slightly lower fees at this present moment. |
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No_hite_pls
Joined: 05 Mar 2007 Location: Don't hate me because I'm right
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Posted: Mon May 06, 2013 8:35 pm Post subject: |
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tran.huongthu wrote: |
nora wrote: |
The Intelligent Investor by Benjamin Graham is the book to read.
Quote: |
Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
If your attitude is "play around with" might as well go to the casino. |
I second this. The stock market is too volatile and no one knows when a fiat bubble is going to burst. I've been buying up physical gold at a discount and expect it to go back up as countries around the world have no choice but to continue to devalue their currency in the short-term. |
Gold has little real value, it doesn't produce anything. |
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War Eagle
Joined: 15 Feb 2009
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Posted: Mon May 06, 2013 8:40 pm Post subject: |
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No_hite_pls wrote: |
tran.huongthu wrote: |
nora wrote: |
The Intelligent Investor by Benjamin Graham is the book to read.
Quote: |
Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
If your attitude is "play around with" might as well go to the casino. |
I second this. The stock market is too volatile and no one knows when a fiat bubble is going to burst. I've been buying up physical gold at a discount and expect it to go back up as countries around the world have no choice but to continue to devalue their currency in the short-term. |
Gold has little real value, it doesn't produce anything. |
If anyone wants to give their gold away, I will reluctantly accept it  |
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Otherside
Joined: 06 Sep 2007
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Posted: Mon May 06, 2013 10:01 pm Post subject: |
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No_hite_pls wrote: |
tran.huongthu wrote: |
nora wrote: |
The Intelligent Investor by Benjamin Graham is the book to read.
Quote: |
Im new to the stock game, but i got an extra 2 thousand or so a month to play around with. Any of you have good advice on stocks to see about/invest in? |
If your attitude is "play around with" might as well go to the casino. |
I second this. The stock market is too volatile and no one knows when a fiat bubble is going to burst. I've been buying up physical gold at a discount and expect it to go back up as countries around the world have no choice but to continue to devalue their currency in the short-term. |
Gold has little real value, it doesn't produce anything. |
That's pretty much the argument. Gold produces nothing, costs money to store, and the only way you make money is by hoping someone else pays more for it than what you paid.
With all that counting against it, it's still been a pretty good hedge against inflation, and even taking into account the recent drop in price it's been a HUGE performer over the past 10 years. |
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lowpo
Joined: 01 Mar 2007
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Posted: Mon May 06, 2013 10:22 pm Post subject: |
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I set up an E-trade accound before I moved to asia. I have some gold and silver. I also have WFC (Wells Fargo Comany) and NWL(Newell Rubbermaid Inc. This is the second time I have held WFC. I had it up to when the banks got into trouble and I bought again when it go low enough for me to buy again. I lucked into NWL at the beginging of the 3rd quarter of last year. I have also bought some realestate over the past 10 years. |
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