Stock trading

[Ragns]

I've been self managing my savings and retirement funds for years now which are mostly invested in blue chips and dividend yielding stocks. Seeing how anemic the market has been for the last few years I've been wondering what are other BGers experiences, strategies, thoughts...

[Warudo Ecksu]

tesla and disney, dont have to explain why

[Ragns]

tesla and disney, dont have to explain why

You just mentioned 2 stocks that currently have their RSI above 70. This is a clear sign of something being overhyped.

[Ganondorf]

Plastics

[Mizango]

Do you like Huey Lewis and the News?

[Kalmado]

Call this man

http://i561.photobucket.com/albums/s...all-street.jpg

[SephYuyX]

TDAmeritrade+Conservative=DontCurAFKMakingMoney

[Suvhater]

made 13% return in 2011 on measly 10k spread amongst a few stocks. Best performers were BP, PhillipMorris. Verizon was a great performer on the dividend side, averaging 7% return per year. Been out of that game for a bit as i had to use the money for other means.

[thetruepandagod]

GMEC if you got in 3 weeks ago

[Sqwunk]

One popular trend now is to invest in index funds so you get a return close to the market at least. With low interest rates everywhere, a guaranteed annual return of 12% isn't too bad.

However one of the stocks I was following for awhile a year ago was a penny stock, Organovo Holdings (ONVO) they specialize in 3d bioprinting. I chose to follow them for my investing class. When I first followed them they were under 2 $ and by the time class ended they were over 3. After the class ended it spiked up to 8 and then crashed back down to the 3 range. They've been hovering around 4 for a long time now.

3D bioprinting is an emerging field that has potential but you do gotta be careful. I think it has potential for the future but that doesn't mean ONVO is the right one to go with

[Sqwunk]

Also if you're interested in going down the rabbit hole http://jupiter.plymouth.edu/~harding.../fibonacci.htm
Its my professors website but is an archived article from investopedia. I don't think its on the website anymore but there are other Phi ratio articles on there now. Basically you can kinda predict the long run using it, but not the short run. Really speculative either way, fun to read about.

[barber2006]

Markets are efficient, more so as technology gets better, so don't try to beat them. Diversify your risk away and use a standard timeline for stocks/bonds ratios. The only way to beat an efficient market is insider information, otherwise all of the known information is already factored into the price. Best two ways to get rich are start earlier and invest more. There are tens of thousands of mutual fund managers out there and most of them don't beat the indexes. Fewer beat them 2-5 years running. Even fewer beat them 10+ years. And the ones that do fit neatly into a normal distribution curve which means statistically speaking they just happened to be the top 2.5% of an unavoidable symmetrical curve. If all of those guys aren't beating the market working 110 hour weeks with 30 years of experience and millions of dollars of technology feeding them instant ratios I can all but guarantee any specific advice from the general populous (including this thread) will not be a magic bullet.

It's more of a philosophical stance but the "Give 10%, then save 10%, then live on the remaining 80%" is a pretty good stance I have found. I'm 50% VTI index, 30% european index, 10% Japan/S. Korea index, 5% emerging markets, 4% bonds, 1% awesome guitars (I can pick those better than stocks).

Long term not diversifying is too risky. Heck I picked up Collins' "Good to Great" last week and he went on and on about how circuit city was one of the 10 best companies in the world as far as asset utilization went. Don't bet your future on one company. It's a crapshoot.

[Boyiee]

Oh this thread brings back some interesting memories. Just remember it takes money to make money, and try not to abuse too many monitors. We used to go through a lot.

[Ashmada]

tesla and disney, dont have to explain why

Both companies are completely devoid of ethics, which is a great asset in an ultra-capitalistic economy?

[Dolmen]

You just mentioned 2 stocks that currently have their RSI above 70. This is a clear sign of something being overhyped.

Pretty much this; Tesla is just too high to invest in at the moment. I played the Apple game a lot from 2006-2012, but ever since Steve Jobs passed the stock isn't as predictable anymore. Lately I've only been investing in some small local banks that I'll get 10x return on in 5 years. Kid on the way, so I'm not taking as much risk. I really recommend investing in small banks run by people with a successful history of starting a bank and then selling it after 7-10 years. My parents brought me up doing that, and I'm now in my third bank investment (same people started all the banks) and it's always been low risk for an awesome reward.

[Coren]

My wife recently lost her job (laid off) and we're looking to roll over her 401k somewhere.

I've had a few people recommend Vanguard; do any of you have any recommendations for set-it-and-forget-it aside from the few pieces of advice above?

[Tweek]

tesla and disney, dont have to explain why

got TSLA @ IPO

[Ragns]

got TSLA @ IPO

Which is also pretty much the only IPO that didn't turn like shit in the recent years.

[Tweek]

Which is also pretty much the only IPO that didn't turn like shit in the recent years.

NYSE:WDAY?

[Ragns]

NYSE:WDAY?

http://wondermark.com/c/2013-03-12-920prove.gif