Re: Stock market

  • From: "qubit" <lauraeaves@xxxxxxxxx>
  • To: <programmingblind@xxxxxxxxxxxxx>
  • Date: Mon, 24 May 2010 16:10:08 -0500

well I don't want to blast my financial info over the list -- one, it's off 
topic, and 2 I don't wanna...
but I don't like some of the things my investment advisor talked me into 
doing with my retirement -- i mean, putting too many eggs in a company they 
said was rock solid.  Well it may be, but look at all the banks and rock 
solid companies that failed a couple of years ago...
anyway, i'll end this little thread before it turns into a tangled knot... 
maybe i might try subscribing to your list, but i am on so many lists now i 
don't have time for them all and i am trying to maintain a life outside my 
email...*smile*
Good luck to all on your endeavors, be they financial or software or both...
--le

----- Original Message ----- 
From: "RicksPlace" <ofbgmail@xxxxxxxxx>
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Monday, May 24, 2010 3:19 PM
Subject: Re: Stock market


One point, if you have all your retirement funds in the company you work for
what happens if they go belly up or can not afford to pay you the funds from
the   fund when you need them because of som unforseen obligation or default
by the companies or funds they have your money in? You are doing  what allot
of folks do and it has proven fatle to many employees with their retirement
funds all in the companies they work for. The only reason to have them
invest your funds is if they give you free money. If they match each dollar
you put into their fund with some of their own money then you take it, stay
in the fund with whatever the minimum balance is to keep getting the free
money and pull the funds out when you can. You then pick a good investment
to store your retirement funds. You allocate some of them to a fund of broad
investments, some to another type of investment like income or commodities
funds so that if one fund does not do well the other ones will. This does
not take allot of knowledge nor money since most the better retirement
vehicles have low investment requirements, offer good management and you
look for ones with the lowest fees. Look at gthe Vanguard Group. When almost
all the other major brokerage house were skimming pennies from their clients
Vanguard was not. There was another instance where the Investment companies
were involved in some shady transactions but Vanguard stayed out. Most
recently many of the Major players had leveraged their funds beyond good
sense and used higher risk investments to get returns. Vanguard did not.
There are some big ones like Fidelity and a few others who have had some
shady stuff but have remained mostely clean and the funds of really hard hit
companies like Hartford and others are rated as pretty safe but they hold
allot of bad debt so who knows. The trick is to find the best 3 fund
families, or one good one, then spred your money out over 3 or 4 funds that
use diferent asset classes. An Asset class is like common stocks for growth,
Common Stocks for dividends, bonds, trusts, International or Global and
Commodities. That gives you the best chance of retiring with a bunch of
money. Youdid what allot of folks did. You took a flyer, hit it big, $300 on
a small trade sounds big if it is made in a day on a small investment, and
then thought you could do that all the time. The Gambling casinos make money
whether suckers win or lose, so do all the companies on Wall Street that you
pay to invest your funds.
If you have less than say $10,000 I would just use  one of the Vanguard
funds, likely 2 or 3 by putting $2,000 to $3,000 in each of 3 funds to
diversify your asset classes. Then periodically I would pull money out of my
retirement fund at work and allocate it to my new funds. That is if you can
do that without taking too much a hit.
Rick USA

----- Original Message ----- 
From: "qubit" <lauraeaves@xxxxxxxxx>
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Monday, May 24, 2010 3:04 PM
Subject: Re: Stock market


> Yes, and that is why I have decided to leave the investment to the company
> managing my retirement money -- I once decided to try day trading, got an
> account on an investment site and took out an IRA to invest for starters.
> I
> started getting all this email on good stock picks -- I mean, companies I
> never heard of, penny stocks, etc. I bought a bunch of shares on one and
> made $300 in a week and was feeling good about that -- but then I got
> involved in other things and left it sitting, and in the end when I went
> back, the company had gone belly up and I lost the entire amount.
> So if you don't spend a good amount of time researching you can get
> bitten.
> I chose to let someone else spend the time...
> That is my warning to anyone starting.
> Happy stock picking...
> --le
>
>
> ----- Original Message ----- 
> From: "RicksPlace" <ofbgmail@xxxxxxxxx>
> To: <programmingblind@xxxxxxxxxxxxx>
> Sent: Monday, May 24, 2010 1:17 PM
> Subject: Re: Stock market
>
>
> Hi Black: Right on. Read, learn and practice for at least a year before
> plopping any real mony down. There are real dangers out there and those
> guys
> are looking for beginners who understand a little about how the market
> works
> and Financials and Business Processes. They feast on these folks!
> The one truism in it all is, you stand to make a return based on how much
> risk you are willing to take. That is if you can believe the Financials
> and
> the folks putting them out for the various companies. That is where
> history
> and reputation comes into play. There are the day traders as well and they
> don't care anything about a company, tnot what it does or what their
> Balance
> Sheet looks like or if they even post one, just how the stock price and
> volume appear according to a chart or how it is trending in daily trading
> if
> they use automated trading platforms.
> I think it is a very good thing for young folks to invest because they can
> see massive positive results over their working lives but they need to be
> careful, do their homework and pick stocks, bonds, real estate and, or
> funds
> carefully and keep informed about what is going on with every investment
> periodically.Black, you should join the blindfinance list as well if you
> are
> an investor since there are some pretty experienced blind folks floating
> around there.
> It is usually a very quiet list unless someone has a question about
> something.
> Rick USA
> ----- Original Message ----- 
> From: "black ares" <matematicianu2003@xxxxxxxxxxx>
> To: <programmingblind@xxxxxxxxxxxxx>
> Sent: Monday, May 24, 2010 12:48 PM
> Subject: Re: Stock market
>
>
>> You don't university education for investing is true, but you need
>> education for investing this is also true.
>> So, if you don't have the oportunity to learn those things in the
>> university, you must take in your own hands the trouble with educate your
>> self in that direction.
>> Depends what you want to do.
>> If you want let other to play with your money, you can go on the mutual
>> funds way.
>> The is a little risk, but the gains are on the same way, small.
>> If you want to manipulate your own money and you want this if you want to
>> earn much, you must be financial educated. You must know to interpret
>> financial statements, to compute interests like roa, roe etc.
>> To be business educated, to understand business processes.
>> For example, when a company fires employees, the productivity temporarily
>> encrease and so the stock price.
>> Best way to go, is to financial educate and business educate, to test
>> your
>> skills in a real environment, but only to simulate, not to play real.
>> After I will start a small business, I would encrease it, go with it
>> public and finally sell it.
>>
>>
>>
>> ----- Original Message ----- 
>> From: "RicksPlace" <ofbgmail@xxxxxxxxx>
>> To: <programmingblind@xxxxxxxxxxxxx>
>> Sent: Monday, May 24, 2010 5:25 PM
>> Subject: Re: Stock market
>>
>>
>>> Nonsense! There is absolutely  no reason for a University Education to
>>> invest in the Stock market.
>>> It might help with technical analysis or fundemental analysis but 99
>>> percent of investors invest in commercially available products or pick
>>> stocks based on recommendations or other things. ETFs, Funds and Mutual
>>> funds are the only way to go for a small investor and they pay many
>>> thousands, millions, to people who have the formal Education to pick
>>> individual stocks.
>>> Rick USA
>>> ----- Original Message ----- 
>>> From: "DaShiell, Jude T. CIV NAVAIR 1490, 1, 26"
>>> <jude.dashiell@xxxxxxxx>
>>> To: <programmingblind@xxxxxxxxxxxxx>
>>> Sent: Monday, May 24, 2010 9:03 AM
>>> Subject: RE: Stock market
>>>
>>>
>>> A college course on Investing is going to be your best bet for several
>>> reasons.  A course on consumer awareness would be a fine prerequisite
>>> along with a year of statistics to that investment course.  Publications
>>> that teach you how to read and interpret a balance sheet will come in
>>> useful along the way too.  Anything else you do outside of a college
>>> setting will be aimed at sales and have their own agendas to push.
>>> Young students traditionally haven't got much to invest so the sales
>>> pitches tend to get turned off when that crowd gets taught.
>>>
>>> -----Original Message-----
>>> From: programmingblind-bounce@xxxxxxxxxxxxx
>>> [mailto:programmingblind-bounce@xxxxxxxxxxxxx] On Behalf Of Celia
>>> Rodriguez
>>> Sent: Monday, May 24, 2010 1:19
>>> To: programmingblind@xxxxxxxxxxxxx
>>> Subject: Stock market
>>>
>>> Hi everyone,
>>>
>>>
>>>
>>> Sorry for the off the subject topic, but I am
>>> interested in the stock market.  I only have one little tiny, problem, I
>>> know nothing about the subject. I would like to start researching the
>>> subject, but I do not know where to begin.  If someone can point me in
>>> the right direction I would greatly appreciate it.
>>>
>>> If you have any suggestions or tips can you
>>> please write me off line at celia-rodriguez@xxxxxxxxxxxxx
>>>
>>>
>>>
>>> Thank you in advance.
>>>
>>> Celia
>>>
>>> __________
>>> View the list's information and change your settings at
>>> //www.freelists.org/list/programmingblind
>>>
>>> __________
>>> View the list's information and change your settings at
>>> //www.freelists.org/list/programmingblind
>>>
>>
>> __________
>> View the list's information and change your settings at
>> //www.freelists.org/list/programmingblind
>>
>
> __________
> View the list's information and change your settings at
> //www.freelists.org/list/programmingblind
>
> __________
> View the list's information and change your settings at
> //www.freelists.org/list/programmingblind
>

__________
View the list's information and change your settings at
//www.freelists.org/list/programmingblind

__________
View the list's information and change your settings at 
//www.freelists.org/list/programmingblind

Other related posts:

  1. Home
  2. programmingblind
  3. Archive
  4. 05-2010