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| Type | Created | Category | Creator | Sort | Votes | Hides | Rating | |
| multiple | 15-Dec-1999 | hypothetical question | doom | by votes | 55 | 13 | 51.0% |
|
| User | Comment |
|---|---|
| Mariah | posted 15-Dec-1999 8:07pm Thanks, doom, for putting my "I know nothing about stocks" option in!!! |
| mandy | posted 15-Dec-1999 9:27pm I would never buy stock :P |
| magbast | posted 15-Dec-1999 10:26pm i would like to try 'short selling' but i'm scared... |
| Pomeranian | posted 15-Dec-1999 11:15pm (Blanket statement time, IMHO, and all caveats apply but)Unless you are a person who sleeps really, really well at night no matter what, there is no sense in getting caught up in all of this day trading madness. Let a trained (and trustworthy) professional worry about this stuff for you. Unless you happen to find the process fun, I bet you that it will bring nothing but an ulcer. If you are the kind of individual that just *has* to be involved in the process, please please I beg of you to think long term. |
| Pomeranian | posted 15-Dec-1999 11:16pm magbast: nnnoooooooooooo! you will have no hair by 30. |
| magbast | posted 15-Dec-1999 11:27pm is it that nerve racking pomeranian? |
| Pomeranian | posted 16-Dec-1999 12:30am magbast: have you every gone to a dog track, or a race track? In many ways, I can't see how individuals who day-trade with their own money are really any different than race-track betters. Now, don't get me wrong, when I say "day trading is gambling" I don't mean to implicitly put down day traders (or track betters for that matter). But, if you find race-tracks nerve racking, I suspect that day trading will be even less fun. Personally, I think individuals who want to get the most out of their money from the markets really should focus on long term goals, and mutual funds are the sane way to go. If you treat the day-trading stuff as a game, and play only your "fun money" your wins will be that much more sweet and your losses less painful. |
| pcpr | posted 16-Dec-1999 3:15am I don't own any stocks/bonds (yet)... |
| romkey | posted 16-Dec-1999 2:48pm My stock gets sold when the investment firm that handles my portfolio says to. They do very well by me, much better than I would do on my own. |
| jjg | posted 16-Dec-1999 4:30pm Minimum investment time in the stock market should be three to five years. No option for people who are licensed brokers? You have one for people who know nothing about stocks. |
| bill | posted 17-Dec-1999 7:35am Sell when I get worried. Sell when it goes back up after being down. |
| bill | posted 17-Dec-1999 7:37am I recommend the stock trading game at finance.yahoo.com to anyone who wants a taste of buying and selling stock without the risk. |
| jjg | posted 17-Dec-1999 12:26pm Bill: I certainly second that. And if you pay absolutely no attention to the ratings you will have a lot of fun. |
| bill | posted 18-Dec-1999 11:14am jjg - actually, it totally stressed me out! ...but, I thought it was a nice way to get a taste of it. |
| mikecap | posted 19-Dec-1999 9:50am Capital gains tax is a dog. Stick with your stocks for at least a year. |
| grmbrand | posted 20-Dec-1999 9:53am When I feel like it. |
| phi | posted 22-Dec-1999 5:38pm I sell when:
|
| romkey | posted 27-Dec-1999 1:28pm watch my head spin! |
| eris | posted 5-Jan-2000 8:09pm HIGH. When it costs substantially more than it is worth. The only trick is figuring out the latter number |
| eris | posted 5-Jan-2000 8:12pm LOL jen. As for short selling, it's a reasonable strategy in certain cases, but it does carry quite a bit of risk for limited reward. |
| lion | posted 16-Jan-2000 7:38pm romkey, I have seen your head spin. It isn't pretty.. and the mess afterwards. sheese! |
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