Your Questions About Money Making Stocks For 2011

Donna asks…

What are the best stocks to get in to in 2011?

Im turning 15 in 3 week and I want to get into stocks, now I know nothing of them but I do know i have to put in a percentage of money to make or lose money. I was thinking in investing in Apple but, what do YOU think is the best thing for me to do?
and PLEASE don’t be some type of ass and put ass-whole answers theres no point

John answers:

Don’t do it. The economy in speeding towards a collapse. If you do, don’t invest a large amount of money. Apple probably won’t grow too much in the future, but it wouldn’t be a terrible choice.

George asks…

Is this a good way to make money in stocks?

Often, when I see a big name company misses its estimates on its earnings report, its stock plummets huge, sometimes as much as 20% or more because lots of people are shorting it. Once it drops huge, I have thought about buying the stock and hold it just for a day or two to let the stock rise as a result of people covering their short positions on it. (Example: Buy GRCM on 11/11/2011 sell on 11/15/2011) Have you ever tried this strategy during earnings reports seasons?
I meant GMCR

John answers:

You will have to correctly determine where the bottom is though.

Steven asks…

June 2011 us history regents exam?

So I just took this.
and I was just wondering what questions you guys can remember and what answers you put.
I need this exam to graduate, and im super nervous on how I did, and I just want an idea of how well I did.

&& for the thematic, I did 13 and 18.
13 seems like everyone did && 18 I did because I had lost of outside information, about why it got ban because women thought it was causing abuse, adultery, and crime. && then speak easys and smuggling were caused by it, and of course the 21st amendment revoked the 18th.

and the dbq I did differences, like the banks, and how they were thriving. && how people were making and spending money in the 20s and then they wernt in the 30s and and then they weren’t, and the stock market and how it was making money, and thriving, and then it crashed and everyone lost their money. then I talked about how the 1930s was the first time the government intervened on the economy, with FDR and the new deal. with that I talked about stimulus money, and the three R’s, and the programs like wpa. then I finished up with women and how in the 20s they were more common in the workforce and in the 30s they wernt because they were commonly fired because they wernt looked at as the head of the household.

What do you think?
Haha, well from what my teacher told me thats what they want you to think, but just using the documents gets you a three and outside info turns it into a 4 or 5.
Oh yeah those two dbq things were kind of hard.
for the one with the pres and big business I put that they had a good relationship. Im trying to remember what the cartoon on the left looked like because I thought I got another answer from that.
and the forgotten man thing was about the little people like farmers and just the avg citizen who was being forgotten by the government.
for the cartoon of that I put that they finally had a good relationship.
I dunno if thats right.
Oh yeah the that was the cartoon, damn you have a good memory. Yeah I think I just put that he supported big business.
Oh and for the dbg I also talked about with what they were spending money on and I used examples from the one cartoon with the people from the roaring 20s and how they complain.
Yeah I think that would be okay because like I said they don’t want you to write an essay based on the dbq questions alone, they want you to write a essay with the questions as a guide line to your own added information. Although there was more than one passage that would support the differences in the thirty’s.

One was the three charts that showed banks failing, income and spending, and unemployment increasing. With that I also tied in the cartoon that had the pictures of what the people were buying in the twenties for examples.
and then there was the one about how women were being fired as the depression began because they werent the head of the house hold.
and then the FDR passage about stimulus money, and how that was the first time the goverment really broke lazzie fair.

John answers:

Just a thought and im sorry to pose a question on your question…i took the same approach you did with the dbq. I said they were both completely different…however the documents related to the 1930s didnt help the argument that i wanted to make. Only one of them did. So i used 6 documents, 5regarding the 1920s and 1 regarding the 1930s…and then for the 1930s paragraph it was essentially 100% outside information that had nothing to do with the documents. I talked about greater restraints on teh economy, FDR prolonging the depression and how at the end of the decade unemployment rate was still above 20%, bread lines, and just some other info that was unrelated to the docs…it proved my point was totally unrelated to those docs they gave. Do you think that was ok?

Paul asks…

Should these amounts I got in stocks be more important than job?

So far from the start of 2011 I gained $70,000 in stocks and lost $65,000. This results in a loss overall of $5,000. I go to a job that only pays me $9.75 an hour and I feel I could do better with stocks if I quit the job. It seems like stock prices move so quickly and it is hard to keep up with. I realize I lost money so far this year but I seem to put more value to myself than I do for my job Does it sound like the amount of money I deal with in stocks be more important to me than what I make at my job?

John answers:

The amount of money you’re dealing with is by some standards not that great HOWEVER, the percentage of capital loss you took was asinine. Keep or get a day job since you do not have the ability to trade.

To be a trader you must have at least four major concerns addressed and very strong discipline to follow them. You have none of them.

1 – You need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. Always use stops either to protect you on the down side or to lock in profits on the up side. Never trade on emotions, when emotions get involved walk away. Don’t try to out-smart the market, you’ll loose but if you always take what the market is willing to give you, you’ll be successful. Other words, you don’t trade against the trend.

2 – A written money management program is essential. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested. Never let a loss on a trade get greater than 8%-10%, always take you loss and walk away – don’t loose more than you need to and don’t be afraid to take the loss. Remember you never can get hurt taking a profit. Never average down, but you can always average up

3 – You must have sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you trade/invest. Margin can be used but only with restraints, never let the account wall below 45% equity. Unless you fully understand margins you should not use it.

4 – A full and complete understanding of the rules & regulations of the industry. If your going to play in the game be sure you know the rules of the game and always follow them.

If you’re going to be successful you must know what you’re doing, why your doing it (and making money is not always the primary goal), and how to do it.
You will have to do a lot more studying and preparation to make money in the mean time get a rea job.

Daniel asks…

What to do? Need advice.?

Hi,

I am 24 years old and I ran into a problem. I am trying to go to college in CA, but they denied my Spring 2012 application due to incomplete course work for the “4 basic skills.” I am short of only one class, which I will be attending this fall in community college.

So the problem is that I applied there for the 3rd time (I was accepted first 2 times, but due to some problems in my life I couldn’t finish some courses in time, so I couldn’t attend). They said I can’t use my Fall 2011 coursework to apply for Spring 2012… It doesn’t make sense to me since I am going to a quarter system community college to complete the damn thing. And they say I can’t appeal either. That means I will have to pay 55 bucks for an application to apply for Fall 2012 instead, again… I am so fed up with this crap that I am really considering not going to college at all.

What makes it even more frustrating is that I want to go to college. I have a brain and I have an urge to learn new things, but with crap like this I feel like I can’t accomplish my goals. Pretty much if I choose to apply for Fall 2012, I’ll have a lot of time just doing nothing. I feel like I am being slowed down because of bullshit. And I know that by the time I get in the fees for colleges will be way higher than they are now. I make only like 20k a year working full time and I have no support what so ever. And I know that even if I get a degree, getting a job is not for certain.

I would like to work for a bank in the long term, so I am thinking of just starting at the bottom and moving up to the position I desire (loan officer). I don’t see why I should go to college for 2 years and do the same thing later when I can start getting there now and get paid while doing it.

I am ambitious and I love financial stuff. I invested my money in stock market for about 4 years and I love it. So if I work 2 jobs (my current one which is easy) and the bank job (if I get hired), not only would I be accomplishing my goal, but I would also be making lots of money. And with investments I can have even more money.

At this point it seems like education would not really pay off for me… I don’t really know what to do… Any advice would help.

John answers:

As Kdiz said above, you will be working while you go to school anyway (these days, it’s the only thing that will pay the school bills). So, yes, go get you a job at a bank if that is what you want. And if you want to go to THIS particular college, unfortunately because they hold all the aces, you have to suck it up and pay an extra $55. And pretty much they will raise tuition while you are going to school. Expect it.

Meanwhile, find out what the requirements are to become a loan officer. I know a lady who had a specific set of classes to take to be a loan officer, and then certification, and I don’t think you had to get a particular degree in order to do it. Check with your Mayor’s office or your Governor’s website to see if you can find certification requirements for a loan officer and get that certification. It may even be that you can get the certification before you graduate. Then you can be a loan officer while you finish school.

Keep your eyes peeled for opportunities and networking. Your goal is out there! Reach for it! You can do it!

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