Forums » Off-topic discussion » I don't gamble, but I want some aggressive investments. « 1 2 »
  • PHeller

    Nov. 17, 2011 10:13 a.m. PHeller Dork

    I don't gamble much. When I play poker its for $5 or $10. I never go to the Casino.

    But I have a desire to get a little crazy with stock and investments.

    Maybe put in $500, look into foriegn markets.

    Seems like Africa is growing far more quickly than the US.

    Even if its $10 gains over a month, or even over a year, that's good enough for me. My bank isn't getting that.

  • 1988RedT2

    Nov. 17, 2011 10:20 a.m. 1988RedT2 SuperDork

    Look for big name dividend-paying stocks. Like MCD. I bought some for my son a few years ago. It's almost doubled since then and pays a 3% dividend. GE is attractive now. CSX. Even apartment REITs.

    Most of my forays into cheap speculative stocks have resulted in losses. Conservative plays like McDonalds have netted real gains.

    YMMV.

  • 914Driver

    Nov. 17, 2011 10:56 a.m. 914Driver SuperDork

    Drugs. Big gamble but huge return.

    BMW -- You don't need a hibachi to cook rice.

  • PHeller

    Nov. 18, 2011 7:46 a.m. PHeller Dork

    bump?

  • 1988RedT2

    Nov. 18, 2011 7:53 a.m. 1988RedT2 SuperDork

    WPRT, UVE, CELG, ESEA, NVDA, F

  • Otto Maddox

    Nov. 18, 2011 7:54 a.m. Otto Maddox Dork

    I read the thread title and thought "aggressive investments are a gamble." Not much to say after that.

    If you just want to make a better return than a savings account but with little risk, buy a conservative bond fund.

    Barba non facit philosophum

  • foxtrapper

    Nov. 18, 2011 7:59 a.m. foxtrapper SuperDork

    You want to go crazy, or do you actually want to invest and make money?

    If you just want crazy, find some stock that make huge gains last quarter, throw your money into it, and see if it makes huge gains next quarter.

    You could also play the commodities market, it's a quicker game than stocks. Lots of money to be made and lost very quickly in that one.

  • tuna55

    Nov. 18, 2011 8:26 a.m. tuna55 SuperDork

    1988RedT2 wrote: WPRT, UVE, CELG, ESEA, NVDA, F

    I bought Ford when it was $2 per share, but it's played out now. It's not going to rise dramatically farther than the indices at this point.

  • 1988RedT2

    Nov. 18, 2011 9:00 a.m. 1988RedT2 SuperDork

    tuna55 wrote:
    1988RedT2 wrote: WPRT, UVE, CELG, ESEA, NVDA, F

    I bought Ford when it was $2 per share, but it's played out now. It's not going to rise dramatically farther than the indices at this point.

    Maybe so, but there's plenty of folks predicting a run to 20.

  • PHeller

    Nov. 18, 2011 9:06 a.m. PHeller Dork

    Any suggestions on how to go about playing the commodities market or just general stock?

    Should I get an adviser or use something like TDAmeriTrade?

  • 1988RedT2

    Nov. 18, 2011 9:15 a.m. 1988RedT2 SuperDork

    If you're going to start with just 500, use it to open an account at an online brokerage. Buy quality companies that pay a dividend. Buy companies that you can see holding at least 3 to 5 years. Start with just one or two different stocks and make regular deposits into the account so you can pick up shares in other companies that appeal to you.

  • tuna55

    Nov. 18, 2011 9:28 a.m. tuna55 SuperDork

    1988RedT2 wrote:
    tuna55 wrote:
    1988RedT2 wrote: WPRT, UVE, CELG, ESEA, NVDA, F

    I bought Ford when it was $2 per share, but it's played out now. It's not going to rise dramatically farther than the indices at this point.

    Maybe so, but there's plenty of folks predicting a run to 20.

    I agree, it will probably hit $20, but hitting $20 from $12 or whatever in a few years really isn't that spectacular from his "aggressive stock" wants. He needs something like Ford was, I made like 500%.

  • PHeller

    Nov. 18, 2011 9:31 a.m. PHeller Dork

    Yes, this.

    Basically, I'm young enough that if I lose most of money today, I've got plenty of time to make up for it.

    The reason I'm interested in emerging markets is because of the potential for growth, they just require a little more research.

  • PHeller

    Nov. 18, 2011 9:32 a.m. PHeller Dork

    What if I wanted to start with virtually nothing.

    Open an account, start putting $20 a paycheck into it?

  • JoeyM

    Nov. 18, 2011 9:36 a.m. JoeyM SuperDork

    pick your poison https://personal.vanguard.com/us/funds/vanguard/all?sort=type&sortorder=asc

    "The true test of a marriage is when she finds parts in the dishwasher." - dean1484

  • 1988RedT2

    Nov. 18, 2011 9:46 a.m. 1988RedT2 SuperDork

    tuna55 wrote:
    1988RedT2 wrote:
    tuna55 wrote:
    1988RedT2 wrote: WPRT, UVE, CELG, ESEA, NVDA, F

    I bought Ford when it was $2 per share, but it's played out now. It's not going to rise dramatically farther than the indices at this point.

    Maybe so, but there's plenty of folks predicting a run to 20.

    I agree, it will probably hit $20, but hitting $20 from $12 or whatever in a few years really isn't that spectacular from his "aggressive stock" wants. He needs something like Ford was, I made like 500%.

    Yes, but you had the vision to buy the stock when people weren't sure if Ford was going the way of GM. At that time (late 2008-early 2009) you could have bought most anything and at least doubled your money. The market today is quite different from what it was in early 2009.

    People looking to make a quick buck in the stock market usually don't. You can invest in a CD making 1 or 2 percent, or buy Ford, which is rumored to be reinstating their payment of dividends, and which might well yield a double in 3 to 5 years. Or you can buy a lottery ticket.

  • BoxheadTim

    Nov. 18, 2011 9:56 a.m. BoxheadTim SuperDork

    PHeller wrote: Any suggestions on how to go about playing the commodities market or just general stock?

    This...

    PHeller wrote: Should I get an adviser or use something like TDAmeriTrade?

    ... and this suggest to me that might want to do a lot more research before jumping in. Not trying to be Debbie Downer but I've worked in investment banking for most of the last decade - not as a trader but closely with traders[1]. I would stay away from commodities unless you're a seasoned investor and can afford to lose the money.

    Here's what I would do:

    • Find a good website that has a discussion forum for investments, kinda like GRM for money management. Motley Fool used to be like that but I haven't been on the US site for years so I can't say if they're still pretty good.
    • A good fee-only financial advisor might come in very handy, especially at the beginning.
    • Do some "play investing" - pick some stocks or ETFs and pretend you own them, plus pretend that you put in your monthly investment allowance. Watch and learn.
    • Once your comfortable and the paper losses on your play portfolio stop keeping you up at night, start investing real money.
    • Never ever forget that investing != trading. If you tweak your portfolio every week you're trading, not investing. Investing is for the long term and you tend to have a lot less churn (which also means a lot less in fees, and the latter can eat up most of your gains or more if you're not careful - there are a lot of trading strategies that work really well in the absence of fees and are money losers as soon as you factor in transaction costs).

    [1] Writing/maintaining some of the analysis software and getting yelled at by traders. I also learned I suck at investing beyond riding the prevailing movements in the market.

    Sanity is vastly overrated.

  • tuna55

    Nov. 18, 2011 9:57 a.m. tuna55 SuperDork

    1988RedT2 wrote:
    tuna55 wrote:
    1988RedT2 wrote:
    tuna55 wrote:
    1988RedT2 wrote: WPRT, UVE, CELG, ESEA, NVDA, F

    I bought Ford when it was $2 per share, but it's played out now. It's not going to rise dramatically farther than the indices at this point.

    Maybe so, but there's plenty of folks predicting a run to 20.

    I agree, it will probably hit $20, but hitting $20 from $12 or whatever in a few years really isn't that spectacular from his "aggressive stock" wants. He needs something like Ford was, I made like 500%.

    Yes, but you had the vision to buy the stock when people weren't sure if Ford was going the way of GM. At that time (late 2008-early 2009) you could have bought most anything and at least doubled your money. The market today is quite different from what it was in early 2009.

    People looking to make a quick buck in the stock market usually don't. You can invest in a CD making 1 or 2 percent, or buy Ford, which is rumored to be reinstating their payment of dividends, and which might well yield a double in 3 to 5 years. Or you can buy a lottery ticket.

    I agree, but that's what he wants. He wants big time sexy risk. Ford is no longer that.

  • Giant Purple Snorklewacker

    Nov. 18, 2011 10:15 a.m. Giant Purple Snorklewacker SuperDork

    PHeller wrote: But I have a desire to get a little crazy with stock and investments.

    Take the Eagles, 50x with the under. Much safer than the African exchange.

    Lord of drivel and harbinger of Floundering

  • 1988RedT2

    Nov. 18, 2011 10:15 a.m. 1988RedT2 SuperDork

    tuna55 wrote: I agree, but that's what he wants. He wants big time sexy risk. Ford is no longer that.

    I would argue that's what he thinks he wants and that a double in 3 to 5 years is pretty darn sexy.

    My very first stock purchase nearly 15 years ago was a speculative play. That stock was delisted years ago. My investment in that company today is worth zero, zilch, nada. But hey, maybe it's something everyone has to do for themselves.

  • PHeller

    Nov. 18, 2011 10:27 a.m. PHeller Dork

    So...I should sign up on Vangaurd and just watch for a little?

  • 4cylndrfury

    Nov. 18, 2011 10:57 a.m. 4cylndrfury SuperDork

    Silver? Im looking into that soon, but GE is local to me, so I might put some into them too...Oil is always making money too. Ive got about a grand to invest, and Ive never invested a cent before, so this is all new to me...

    Real cars only have one header!

  • tuna55

    Nov. 18, 2011 11:15 a.m. tuna55 SuperDork

    PHeller wrote: So...I should sign up on Vangaurd and just watch for a little?

    nah - dive in. You'll learn more. In my opinion (I have made a bunch but also lost a bunch doing this) is to buy a company that does something that you understand that was recently hit with some big drop in stock price for a bad reason.

  • nderwater

    Nov. 18, 2011 11:17 a.m. nderwater SuperDork

    or learn to count cards.

    Auto photo blog: http://motomania.tumblr.com

  • tuna55

    Nov. 18, 2011 11:19 a.m. tuna55 SuperDork

    I use Scottrade and have been pretty happy, by the way.

« 1 2 »  

You'll need to log in to post.

Saferacer
Lime Rock Park
CMS Ad Dept

Birthdays

Yes or No

What’s your favorite British sports car?

Triumph

45%

MG

13%

Austin Healey

19%

Aston Martin

3%

Jensen / Jensen Healey

3%

TVR

13%

Morgan

3%

Check back soon for the next poll. View all polls