Your Questions About Money Making Stocks

Robert asks…

What are some Stocks that will make a good amount of money in a month?

I am having a compition with a family member. If i can find a stock that makes money in the next month i get to keep what it made, and if they lose money i have to pay. What are some stocks that should keep making money for the next couple of months?

John answers:

Asking a question like that tells me you should stay far away from the stock market. But highly volatile stocks are likely to either kick your ass or make you some money

Mark asks…

How could I check how much money I’m making on my stocks?

My mom bought me stocks in McDonalds the year I was born, and I would like to know how I could check how much money I’m making. I don’t know how much I’m making because she won’t tell me, and she hides the reports we get in the mail.
I’m just wondering if there is any possible way to check it online to get a rough estimate on how much I am making.
Thank you for your time.
Nicole

John answers:

Use finance.yahoo.com, this page: http://finance.yahoo.com/q?s=mcd will give you all information you’ll need. For instance, all the reports your mother is hiding from you, are there as well. The chart tells you the increase in value of the stock, etc.

William asks…

what is a good quick money making stock to buy?

i am starting out day trading and building my account, i have about 2200$ in my account and i was looking for something that will be quick and a good doubling stock for monday.

John answers:

Please excuse me, I don’t mean to hurt you or offend you, but someone has to tell you about the real world of trading. It might as well be me.

#1: You sdon’t have any where near enough money to start day trading. To be a “patterned day trader” without restriction, you need at least $25,000 cash on hand AT ALL TIMES in your trading account.

#2: The kind of account you should have:
You want nd need a speculative or speculator account.

You want a margin account.

You have to ask your broker about getting permission to do this: Your account should provide you with the ability AND permission for you trade options – even if you never do.

#3: For you own protection and benefit AND until you actually prove yourself, you’ll probably be given a very short leash.

You’ll still have the ability to trade with $2200, but you’ll be doing it with some restrictions. That’s another topic for another !.

In the beginning “newbie” traders and investors DO NOT INVEST THE FIRST cent or dollar. No amount of money.

In the beginning you LEARN HOW:
A] the stock market works.

B] to invest in many, many various ways.

C] to properly trade

D] many other concepts and aspects.

Beginning or novice [‘newbies”] investors and traders ALWAYS make mistakes. In fact, throughout a person’s avocation or hobby to do trading, he/she will make mistakes.

In the very beginning, you READ AND LEARN about the market and how it works:
Read “Investing for Dummies”
As you are reading and doing research about the investments you are interested in, sometimes you’ll come across a financial or investment term you never heard before.

You can usually find excellent, easy-to-understand definitions of many financial and investment terms by going to Investopedia’s dictionary.

Http://investopedia.com is a free site. It’s recognized by Y! A as a “Featured Knowledge Partner”.

It probably won’t be long when you’ll feel you’re ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. It also has a free, paper trading platform. You can set up a virtual account and almost trade as though you were trading with real money.

Http://finance.yahoo.com is also recognized by Y! A as a “Featured Knowledge Partner”

The thought processes are:
1] to have more successful trades than failing trades.
2] to minimize the losses of those losing trades.
3] “To live to trade another day.” Having enough money in the trading account to return to the market.

ALL this is accomplished by a few true expressions used on Wall Street:
Some trading expressions come to mind:
A] “On Wall Street there aren’t any gifts.”
No one gives anyone else anything – not even stock tips.

B] BUlls [BUyers] earn money.
BEars [SEllers] earn money.
Pigs get fat.
Hogs [Greedy Traders] get slaughtered. They lose the money in their trading accounts.

C] “Trees don’t grow to Heaven. Neither do stocks or any other investments.”
In other words: What goes up, MUST come down!

D] “Plan your trade. THEN trade your plan!”
Have a trading plan with rules for that plan for each strategy.

I want everyone to know I DO NOT own any portion of this man’s estate, nor am I associated with him or any one else connected with him in any way. I am not part of the publishing company or an agent or anything else. This man does not know me from Adam AND I don’t know him. I know of him and the wonderful book he wrote. THIS IS NOT SPAM.
You should buy a copy of this book:
“The Richest Man in Babylon” by George S. Classon. You can get the book on http://amazon.com
Its very easy to read. Its very easy to follow. You can write in it. You can make notes in it. All you have to do is to read five [5] pages – Let’s count
1 – 2 – 3 – 4 – 5 pages of this book – or any book – each and every day.
OR You can leave it sit on the shelf, on a table or on the floor and let it collect dust.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

Jenny asks…

How do you make money from stocks?

I have 1k that I want to invest in stocks. It seems like (when I do the math) that the stocks has to go up quite a bit before I sell and then it seems like wont make much money at all, especially after covering trade fees. What part of this am I missing?

John answers:

You’re missing a lot.

You buy stocks and then sell them at a profit after you’ve covered all you cost.
If you let fees be a factor you’ll never make any money.

You better do some studying from materials provided by professionals rather than depend on your own naive thinking.

Here’s some reading material you should consider
What Works on Wall Street by James O’Shaunessey, Beating the Street and One Up on Wall Street both by Peter Lynch
The Warren Buffett Way by Robert Hagstrom
Trading For A Living by Alexander Elder
Mastering the Trade” by John Caster
How to Make Money in Stocks” by William O’Neil
The Disciplined Trader by Mark Douglas

Donna asks…

How do you make money on stocks if you never sell them? Like with Warren Buffett, besides the dividends??

I understand you make money off dividends, but when someone like Warren Buffet says he likes to buy and hold forever, how does his net worth go up so much, besides it being an asset…I mean from a liquid perspective if he doesn’t sell his stocks, and ignoring dividends, how else do you make money? Is his all from Berkshire?

John answers:

I believe part of your question is how does Warren Buffet personally make money, money for himself. The answer is Berkshire-Hathaway is a huge holding company (Corporation) and everybody who is employed at the company, of course, earns a salary. Warren, being the big cheese gets a paycheck like everyone else. Now, you can’t ignore the dividends nor the interest earned on the billions of cash investments held (or owned) by the holding company because that’s where the profits derive from. Savvy? And, if Berkshire wholly owns a company, those profits from the company go right into Bershire’s general funds or, you might say, into Berkshire’s checking account. Look at it another way: You buy a house, then rent it out. You live on the rental income. Over a long period of time, the value of the house goes up, your net worth goes up, and the whole time you’ve been earning a living by reason of the rent.

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