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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Does anyone invest in the stock market?
Jim Cramer comes on before Penn Jillette and I've been catching his show once in awhile. It made me really think of investing in the stock market? Any tips?
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Posted 4/13/06 3:59 PM |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name: D
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Re: Does anyone invest in the stock market?
DH does, through Scottrade. I dont know too much about it. But he loves using them, you can go online and access your account.
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Posted 4/13/06 4:04 PM |
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karacg
Babygirl is 4!
Member since 5/05 17076 total posts
Name: Kara®
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Re: Does anyone invest in the stock market?
I have a lot invested through mutual funds....as well as stock in specific companies. My financial planner does it all for me tho, and calls me whenever she sees something good. I am doing pretty well so far..
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Posted 4/13/06 4:06 PM |
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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: Does anyone invest in the stock market?
Message edited 2/24/2022 7:59:16 PM.
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Posted 4/13/06 4:12 PM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: Does anyone invest in the stock market?
I invest in mutual funds but I just do everything myself. Research through morningstar.com, yahoo finance, msn, etc. Once I've narrowed it down I go to the specific website (vanguard, dodge and cox, or whatever company I'm looking at).
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Posted 4/13/06 4:12 PM |
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Elbee
Zanzibar
Member since 5/05 10767 total posts
Name: Me
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Re: Does anyone invest in the stock market?
I would speak to a financial planner first. You just graduated college and are currently saving for a wedding, right? They may give you some good advice on how to invest your money properly for the short term (wedding plans? house? apartment? bills? first job out of college?) and for your long term goals.
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Posted 4/13/06 4:14 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Does anyone invest in the stock market?
I hear mutual funds haven't been doing so well?
I mean, just basics, how much money do you really need? Is it better to get someone or just do etrade?
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Posted 4/13/06 4:15 PM |
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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: Does anyone invest in the stock market?
Posted by marymoon
I hear mutual funds haven't been doing so well?
I mean, just basics, how much money do you really need? Is it better to get someone or just do etrade?
Mutual funds in several asset classes have been doing very well. Not all mutual funds are the same. Each invests according to it's perspectus so some invest in large cap stock while other invest in just India.
Individual stocks are a lot more aggressive then mutual funds.
Most planners have a minimum that they will work with. Depending on how much you have and what type of investments you want to put your money in, would direct where to open an account.
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Posted 4/13/06 4:19 PM |
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karacg
Babygirl is 4!
Member since 5/05 17076 total posts
Name: Kara®
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Re: Does anyone invest in the stock market?
And a financial planner will help you to decide how aggressive you should be with how much $$....depending on your age, income, debt etc. they can help you decide which type of growth is best for you.
My mutual funds have been doing very well actually.
I also research before I go ahead on a buy, but I also trust her judgement when it is a small amout.
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Posted 4/13/06 4:33 PM |
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CAJ
woulda, coulda, shoulda
Member since 12/05 3366 total posts
Name: CJ
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Re: Does anyone invest in the stock market?
We do!
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Posted 4/13/06 4:36 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Does anyone invest in the stock market?
Are there planners who will invest a relatively small smt of money? Is it even worth it when you consider tradng costs
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Posted 4/13/06 4:36 PM |
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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: Does anyone invest in the stock market?
Posted by marymoon
Are there planners who will invest a relatively small smt of money? Is it even worth it when you consider tradng costs
Fm me and I wil help you figure out the best route for you.
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Posted 4/13/06 4:38 PM |
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metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name: LC's Mommy
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Re: Does anyone invest in the stock market?
We have an account w/ sharebuilder. DH does it so I dont really know too much about it.
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Posted 4/13/06 4:40 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name: Susan
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Re: Does anyone invest in the stock market?
Stocks 20% Mutual Funds 30% Real Estate 50%
That's of the take home or net income.
Then there's the gross income and thats 401(k)
25% stock 75% mutual funds.
I have a planner through my firm.
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Posted 4/13/06 5:20 PM |
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Freddie
LIF Adult
Member since 3/06 1162 total posts
Name: Freddie
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Re: Does anyone invest in the stock market?
It definitely helps to have someone to talk to and someone you trust.
I saw my parent's invest as a kid and I saved my money to buy some stock when I was 12 and I was hooked. I don't pretend to know everything, it's just impossible, I can't watch CNBC all day like my dad does (retired), but I do try to keep up with the business world with at least the Sunday NY Times and I will throw some names to my broker and she will come back with the info on the company and some alternatives.
If you do go through someone, make sure you understand the commission first. I pay a flat fee, but some brokers charge a percentage (like 1%)
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Posted 4/13/06 6:12 PM |
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dandr10199
Grace is growing up too fast!
Member since 10/05 11561 total posts
Name: Dina
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Re: Does anyone invest in the stock market?
Posted by marymoon
Jim Cramer comes on before Penn Jillette and I've been catching his show once in awhile. It made me really think of investing in the stock market? Any tips?
My DH LOVES Jim Cramer! He watches Mad Money ALL the time. I have to say, his advice is pretty good.
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Posted 4/13/06 6:18 PM |
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Tah-wee-ZAH
Kisses
Member since 5/05 15952 total posts
Name:
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Re: Does anyone invest in the stock market?
Yes, I opened my first IRA with my own money when I was 18.
I have a Salomon Smith Barney Account and a great financial advisor who I meet with twice a year. DH and I recently comingled our accounts.
IT's really smart of you to start as early as possible. Every little bit helps.
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Posted 4/13/06 6:30 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Does anyone invest in the stock market?
Posted by Tah-wee-ZAH
Yes, I opened my first IRA with my own money when I was 18.
I have a Salomon Smith Barney Account and a great financial advisor who I meet with twice a year. DH and I recently comingled our accounts.
IT's really smart of you to start as early as possible. Every little bit helps.
That's what I figure. I don't have a lot of money, but it's not goingt o do anything for me sitting ina savings acct.
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Posted 4/13/06 6:36 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Does anyone invest in the stock market?
Posted by dandr10199
Posted by marymoon
Jim Cramer comes on before Penn Jillette and I've been catching his show once in awhile. It made me really think of investing in the stock market? Any tips?
My DH LOVES Jim Cramer! He watches Mad Money ALL the time. I have to say, his advice is pretty good.
The first time I listened I was like "this guy is insane" but he seems to really know what he's talking about, so it intrigued me.
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Posted 4/13/06 6:44 PM |
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dm24angel
Happiness
Member since 5/05 34581 total posts
Name: Donna
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Re: Does anyone invest in the stock market?
we use sharebuilder.com as well and its great for starting out without a lot of $$$. They have no minimum amount of investment etc....
Its suited well for the beginner who doesnt have a whole lot of $$$ to invest off the bat.
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Posted 4/13/06 9:22 PM |
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dandr10199
Grace is growing up too fast!
Member since 10/05 11561 total posts
Name: Dina
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Re: Does anyone invest in the stock market?
Posted by marymoon
Posted by dandr10199
Posted by marymoon
Jim Cramer comes on before Penn Jillette and I've been catching his show once in awhile. It made me really think of investing in the stock market? Any tips?
My DH LOVES Jim Cramer! He watches Mad Money ALL the time. I have to say, his advice is pretty good.
The first time I listened I was like "this guy is insane" but he seems to really know what he's talking about, so it intrigued me.
DH & I have made some $$ based on what he has said.
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Posted 4/13/06 10:51 PM |
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