What should I reinvest my newly found stock market money gains of £5,000 into to make it into £10,000?
I am 18 years old, invested £400 into a great small-cap stock and turned it into £2,000 in 2-3 months, or a 500% return with no leverage. I have other money, some in stocks, totaling around £3,000, so altogether, this totals £5,000. What I would like to know is what I could invest into to make my £5,000 into £10,000 while I’m still 18, or within the next 2-4 months? Please help/advise. Thanks.
Why not buy shares of Wachovia right now?
The price is so cheap.. If I bought lets say 100 shares at this bargain prices, that stock would become Citigroup right? Aren’t I bound to make money as soon as the Citigroup stock goes up a tad?
Correct the newbie here, but I just dont understand why this isn’t a GREAT time to buy stocks like Wachovia, WM, Lehman and such.
Owning the common stock of a bankrupt company does not guarantee you a single thing. Most companies, once they declare bankruptcy, do not give their stockholders a thing. They must pay everyone else before they pay stockholders and if the company is filing bankruptcy, they don’t have enough to pay everyone else.
The people who are buying stocks like Washington Mutual now are playing the numbers. They buy thousands at a time and sell with just a couple cents move in price. They won’t hold the shares for long, because they are effectively worthless.
Stocks and how to buy?
I need a little information about buying and selling stocks, what stocks are good ones. A little about what goes down and how it all happens, and ofcourse how you make money. Any answers would be great! Thnx
Book Recommendations: Investing
Here are some general book recommendations when it comes to the topic of investing:
Stocks for the Long Run, 4th Edition: The Definitive Guide to Financial Market Returns and Long Term Investment Strategies
by Jeremy J. Siegel
– This is a book that I recommend to all those who are just starting to learn a little bit more about the stock market and investing in general. This book is recommended after you have a general knowledge about the stock market.
Investments, 10th Edition
by Charles P. Jones
– This is a book that I recommend to all those who already have a basic knowledge about stocks and investing and for those who wish to expand their knowledge.
Wealth Forever: The Analytics of Stock Markets
by Sarkis J. Khoury, Poorna Pal, Chunsheng Zhou, and John Karayan
– This is a book for people with a superior knowledge of the stock market, investing, and the mathematical formulas involved in creating financial instruments. This book is recommended for all those who want to expand their knowledge on investing using advanced mathematical principles and measures.
Derivatives Markets, Second Edition
by Robert L. McDonald
– This is a book that is for people extremely interested in derivatives and in the mathematical tools needed to comprehend derivatives. This is a book for people who already possess a thorough understanding of the stock market.
= = = = =
Stock Symbol: GOOG
Stock Symbol: AAPL
Berkshire Hathaway Inc
Stock Symbol: BRK.A
Stock Symbol: BRK.B
Bank of America Corp
Stock Symbol: BAC
CVS Caremark Corp
Stock Symbol: CVS
Stock Symbol: MMM
Stock Symbol: MSFT
Stock Symbol: YHOO
Wal-Mart Stores Inc.
Stock Symbol: WMT
Abercrombie & Fitch Co
Stock Symbol: ANF
Home Depot Inc
Stock Symbol: HD
Stock Symbol: GME
Stock Symbol: C
Ford Motor Co
Stock Symbol: F
Stock Symbol: ATT
Coca Cola Co
Stock Symbol: KO
= = = = =
Hope that helped!
Are there any negatives to selling short on the stock market?
So I’m reading up on the different trade options on Scottrade, and I come across the option of selling short. And I think to myself: Great! I can make money on a down market. At the same time, I think there must be a catch. Is there one, apart from the possibility of losing more money that you actually have in your account?
Here’s the catch:
If and when the trade goes against you – the stock’s price starts going up – and you aren’t around to buy those shares, Scottrade AS WELL AS every other broker wants to be paid.
As I tell folks:
“On Wall Street, there aren’t any gifts.”
Thanks for asking your Q! I enjoyed answering it!
Yes, that is my real last name!
If the war is fought to make Halliburton money?
Why is the haliburton stock price only +20% (adjusted for divideds) over the price it was just before W was elected the first time over 6 years ago? Investors would have done better with their money with a bank CD over Halliburton stock.
Bonus why do so many people complain about horrible Halliburton profits, if the stock has not been not such a “great” investment.
No 6 years is about 3% a year on bank deposits. Right now rates are over 4%.
As for a few members of the WH going on to other jobs, you obviously are young. Such changes have happened in every 2 term president. Clinton lost half of his cabinet at the end of his first term.
Cashflow? Dont matter a bit unless you make a profit.
Thought the cashflow craze died when the stock bubble burst in 2000.
Look, most liberals are off their meds and this is really gonna get them going. Please think of others in the future. Thanks.
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