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Since there is over 110k people here. I'm just wondering, Is there any investors here? 1.gif

If you are, what are your investments into ? mutual funds? real estate? small business?  a car?

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I just have a money market account (if you'd even call that investing) with a lump sum that I haven't touched for years. It's not much but at least I'm making free money!! (kind of)

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Last Online: A long, long time ago... 
 

Unless you have a Ferrari Enzo, I wouldn't call a car an investment.

While I don't have any investments, my parents do buy stocks. Right now we have some Toyota, AMD, and Apple stock we're sitting on.

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Stuffing money in the mattress.

Could probaly sell the mold that collects for more then most saveing accounts and IRA's give in intresst.


Stupidity Should Always be Painful

 

the only thing that helps me maintain my slender grip on reality is the friendship I share with my collection of singing potatoes.

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Stocks, mutual funds, and real estate.

If you ever have the option of contributing to a 401k program, do it.  Many employers match the funds (an instant 100% return on investment).  If the money is transferred before it gets to you, you will not miss it and you can build up a nice portfolio. 

Most 401k plans provide a choice of mutual funds.  Ideally, you want to pick ones that do better than the market in general.  Any half-witted fund can match the market.  You want to avoid those that do worse than the market.   (Do not put all of your money in any one place.)

How can you tell?  Go to Yahoo finance and look at a comparison chart.  For instance, here is one that is doing better than the market, even on it's bad weeks.   Here is one that is matching the market.  Here is one doing worse than the market.

Choosing stocks is a whole 'nother ballgame and is beyond the scope of this post.

Did you know that you can buy real estate with IRA money?  (Do you know that IRA means Individual Retirement Account?)   

Did you know that poor Dirk IMed me one night he couldn't sleep and I happened to be in the middle of a real estate IRA deal?  Poor guy, after hearing my talk on real estate IRAs, he was more than ready to sleep.   But, that night, he probably knew more about the US tax code than most Canadians.   18.gif  


We can inspire others through witness so that one grows together in communicating. But the worst thing of all is religious proselytism, which paralyzes: “I am talking with you in order to persuade you.” No. Each person dialogues, starting with his and her own identity. The church grows by attraction, not proselytizing.    - Pope Francis

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yeah i do, quite a lot and love it, obviously as ski said my company 401k is my backbone

but when oppurtunities arrise i am an avid futures trader-made a bunch selling orange

juice before last years hurricanes. I find trading futures a little more predicatable than stocks.

i have also traded succesfully and profitably in copper (thanks china for that big mistake-some

chinese government copper speculater shorted a ton of contracts trying to force the price down on bogus info about a large mine, anyways he was a fool and copper shot up like a rocket) 

i did get a little burned recently on natural gas as it has strangley gone down, doh my bad

if you are in college still take some trading classes and hopefully you will do some kinda

trade simulation which is a great way to test your abilities and judgement. the most recent stock i have dabbled in was ArcherDanielsMidland, 

mutual funds in general I find to be mostly a total rip off especially the managed ones. anyone

with a background in investing can earn a better return, fund mangers have to get payed you know.

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well, i have some really old telia stocks, but there worthless now(stupid privatisation of telecom companies), other than that i keep my money in a bank account, dont usually invest in things, though occationaly in my friend that is a relly good poker player ^^

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