Re: Stock market

  • From: "RicksPlace" <ofbgmail@xxxxxxxxx>
  • To: <programmingblind@xxxxxxxxxxxxx>
  • Date: Tue, 25 May 2010 11:30:13 -0400

Hay QBit, take stock talk to the Blind Finance list please. This message confused me when I opened it since I thought it was from there. 

Rick USA
----- Original Message ----- From: "qubit" <lauraeaves@xxxxxxxxx> 
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Tuesday, May 25, 2010 11:07 AM
Subject: Re: Stock market



I hate to rub it in if there is someone here that lost money during the
crash, but I had all my retirement in guaranteed interest (cd) funds and no stock and it stayed pretty much the same while everyone else lost a load of money. And all the time the investment people were asking me for permission 
to take my savings and invest it. I refused. Well my approach was ultra
conservative -- near zero risk. Sometimes that is a good idea. I don't trust 
the stock market or the people who want to play with my savings.
(I am letting them invest a little now, but I am so wary they don't dare do 
anything to sink my boat...)
Good luck all. Maybe there is dawn on the horizon for the stock market,
maybe not. I just hope for the best for the most people.
--le
----- Original Message ----- From: "Bryan Schulz" <b.schulz@xxxxxxxxxxxxx> 
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Tuesday, May 25, 2010 9:22 AM
Subject: Re: Stock market


tell that to people that used the system that has worked for over 50 years
and lost half of their 401k when the market crashed.
Bryan Schulz
----- Original Message ----- From: "black ares" <matematicianu2003@xxxxxxxxxxx> 
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Tuesday, May 25, 2010 12:34 AM
Subject: Re: Stock market



yep, that is a known rule stated as:
"don't put all of your eggs in the same bag".
----- Original Message ----- From: "RicksPlace" <ofbgmail@xxxxxxxxx> 
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Monday, May 24, 2010 11:19 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

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