Have You Checked Your Stocks Today

[loyaleddie]

WELL......BOHICA!!!! (Bend Over, Here It Comes Again)

 

 

http://www.tsx.com/

[Jayhad]

WELL......BOHICA!!!! (Bend Over, Here It Comes Again)

 

 

only if you freak out and sell..... I have no worry when times like this come, I am not retiring for another 18 years and this will be a small blip on the graph by then.

 

If anything scrounge as much money you have right now and buy more.

[loyaleddie]

only if you freak out and sell..... I have no worry when times like this come, I am not retiring for another 18 years and this will be a small blip on the graph by then.

 

If anything scrounge as much money you have right now and buy more.

I say

Yeah, but i would say a majority don't think like that.....BUY! BUY! BUY!

[SanJuanWorm]

I buy hi and sell lo.

 

So im sellin everything I have.

[LynnF]

I made a point of not looking at the value of our RRSP's last week. Until I had to for our mortgage renewal process. To say that I felt sick to my stomach was an understatement. Screw my stocks - my retirement is getting further and further away. Might have to get a second job at 7-11 to recover my losses.

[admin]

Freedom 95 here I come

[birchy]

I don't have any stocks.. i'm not stressed at all!

[Weedy1]

Give all your money to me. I couldn't possibly spend it a fast as you're going to loose it in the market.

I pay -5% per day. Thats twice as good as the TSX!!

[Castuserraticus]

When the crowd panics Warren Buffet is buying. You can bet your @ss he's looked hard at what he's buying. Of course pref's with a 10% rate aren't hard to take.

 

My best performer is a recent purchase of TD Bank.

 

Analysts were saying the markets were discounting $70 oil when the stocks were 40% higher. There's a lot of downside protection for buyers now. Today's prices equate to discounting $30 oil? How much can demand drop? Income trust yields are approaching 20% at these prices.

[lonefisher]

Well this thread is all greek to me...... anybody know how one would begin to learn how the stock market works? But no dummies guide to investing...... I feel anyone who markets to self proclaimed dummies can't be legit....... Maybe I should just not bother learning and just send my money to weedy.......yeah that sounds best. Weedy both my pennies will be coming in the mail as soon as I can save up enough for a stamp.

[LynnF]

Well this thread is all greek to me...... anybody know how one would begin to learn how the stock market works? But no dummies guide to investing...... I feel anyone who markets to self proclaimed dummies can't be legit....... Maybe I should just not bother learning and just send my money to weedy.......yeah that sounds best. Weedy both my pennies will be coming in the mail as soon as I can save up enough for a stamp.

 

Here's a quick and sureproof lesson for success for you: do the opposite of what I've done.

[agbff]

Well this thread is all greek to me...... anybody know how one would begin to learn how the stock market works? But no dummies guide to investing...... I feel anyone who markets to self proclaimed dummies can't be legit....... Maybe I should just not bother learning and just send my money to weedy.......yeah that sounds best. Weedy both my pennies will be coming in the mail as soon as I can save up enough for a stamp.

 

May sound a little silly but had to done for social 30.... www.howthemarketworks.com/. You can have all the stress and pains in the ass and your not even making or losing real money!

[Jayhad]

Well this thread is all greek to me...... anybody know how one would begin to learn how the stock market works? But no dummies guide to investing...... I feel anyone who markets to self proclaimed dummies can't be legit....... Maybe I should just not bother learning and just send my money to weedy.......yeah that sounds best. Weedy both my pennies will be coming in the mail as soon as I can save up enough for a stamp.

 

Easy, take securities licence prep course at the MRC or the first class in the CFP course.

[reevesr1]

You can all hire me as an investment advisor! I checked my US retirement account which has a managed fund by "professional" portfolio managers and a portion that I manage myself. YTD, the "pros" have lost 28%. I've only lost 25%. I freakin ROCK! How did THAT taste Investement Professionals!

[Castuserraticus]

Well this thread is all greek to me...... anybody know how one would begin to learn how the stock market works? But no dummies guide to investing...... I feel anyone who markets to self proclaimed dummies can't be legit....... Maybe I should just not bother learning and just send my money to weedy.......yeah that sounds best. Weedy both my pennies will be coming in the mail as soon as I can save up enough for a stamp.

 

The financial markets are very complex. Stocks are a small part of it. There are almost infinite investment styles.

I did my first investment 1 month before the Oct 1987 crash. I've tried professional advisors - didn't pay. I gradually got educated because it fascinated me. Over time, I've found advisors with good track records who both agree with and challenge my beliefs. Some information I pay for and some is free. Nobody can be consistently successful at anything without building up their knowledge base or by acting alone. I've been very fortunate.

I think the first step is understanding the basic math of investing - rate of return (income based), return on investment (more capital gains oriented). Start small. Learn from your mistakes. Celebrate your victories. Don't be afraid to lock in a profit. The first loss is usually the cheapest. Mass psychology trumps fundamentals in the short term. Sometimes it's a good idea to sit on the sidelines and watch. There are internet sites where you can trade virtually.

[Taco]

I buy hi and sell lo.

 

So im sellin everything I have.

 

Christ Hoss you think thats bad, @ age 50 I put all my money, every penny, into some little dumbassed livestock service company that nobody but a few hutterites has ever heard of.