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Plunging in the stock market..
Topic Started: May 17 2010, 07:09 PM (124 Views)
Ragana May 17 2010, 07:09 PM Post #1
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Kwisatz Haderach
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 After quite a bit of research I think it is time to start a portfolio and get some invested in Wall Street. I think I will be using Scottrade. Anyone have experience with this that would like to share some tips or give me some hints? I know this is sensitive and people (at least the successful ones) are very secretive and private.

All help is appreciated,
Tommy
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"A day may come when the courage of men fails, when we forsake our friends and break all bonds of fellowship, but it is not this day. An hour of woes and shattered shields, when the age of men comes crashing down! But it is not this day! This day we fight! By all that you hold dear on this good Earth, I bid you- stand, Men of the West! "
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Zhavoth May 18 2010, 06:01 AM Post #2
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 I would change the title to "Plunging in to the stock market" to avoid any bad karma. ;)

My father always did well by playing heavily in the options market, might be worth checking out.
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Ragein May 24 2010, 09:18 AM Post #3
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 I used Ameritrade and did quite well for myself for a few years. Watch trends. What I always did was browse for individual companies whos stocks are substantially lower than they had previously been, and then persue that to find out why, and if a recovery is on the Horizon. I did very well when Ford had its problems a while back. Their shares were super low but there was no talk of bankruptcy or the like so I bought a few thousand shares, and a year later sold them for double what I paid.
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