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Making $$$ Thru The Stock Market  
User currently offlineNotar520AC From United States of America, joined Jul 2001, 1606 posts, RR: 4
Posted (12 years 8 months 3 weeks 3 days 23 hours ago) and read 1196 times:

OK, here's my situation. I want to make $900 Grand, or as close as I can get to that through the stock market. I don't really have the entire picture on how the stock market works and how people make their money through it, so could someone please explain to me, in general, how the whole thing works.

And if any of you are wondering why I would suddenly want close to $900 grand it's because I'm looking to buy a chopper.

This is just a shot I'm going to take- my parents have approved, and I would greatly appreciate it if someone could explain to me how I can make if not $900,000 dollars, close to that, or as much as I can through the stock market I would greatly appreciate it.

Thank you.

-Notar520AC


BMW - The Ultimate Driving Machine
19 replies: All unread, jump to last
 
User currently offline174thfwff From , joined Dec 1969, posts, RR:
Reply 1, posted (12 years 8 months 3 weeks 3 days 23 hours ago) and read 1170 times:

How much do you plan to invest?
If you invest 50 bucks, it's not possible.
If you invest 10,000 u.s.d. then it might come true.


User currently offlineDelta-flyer From United States of America, joined Jul 2001, 2676 posts, RR: 6
Reply 2, posted (12 years 8 months 3 weeks 3 days 22 hours ago) and read 1164 times:

Notar,

I admire your enthusiasm, and with your positive attitude I am sure you will be successful. I can't help you, unfortunately, because I have always had a knack for buying high and selling low. (That's not how you make money on the stock market!)

But I think I can give you a piece of good advice: don't trust anyone with your money. Research your options thoroughly before making a decision, and get multiple independent opinions.

Or, you can watch what I do and do just the opposite. Big grin

Good luck,
Pete


User currently offlineJetService From United States of America, joined Feb 2000, 4798 posts, RR: 11
Reply 3, posted (12 years 8 months 3 weeks 3 days 22 hours ago) and read 1161 times:

Go to Vegas, go to a craps table, put $100,000 on the hard eight. If the player rolls double fours before they roll a 5 & 3 or a 6 & 2 or a 7, then you have your $900K. Booze is free.




"Shaddap you!"
User currently offlineNotar520AC From United States of America, joined Jul 2001, 1606 posts, RR: 4
Reply 4, posted (12 years 8 months 3 weeks 3 days 22 hours ago) and read 1154 times:

I don't have $100,000 dollars JetService, and even if I did I'm only 14. I might try that someday though.

Thanks Delta-Flyer. I know my parents do it themselves, but you know how a teacher can explain things over and over to you and you never understand? Yeah.

747thwff- how much would I have to invest to make half of that 900g then? Because I don't have $10,000! Big grin



BMW - The Ultimate Driving Machine
User currently offlineFlight152 From United States of America, joined Nov 2000, 3413 posts, RR: 6
Reply 5, posted (12 years 8 months 3 weeks 3 days 22 hours ago) and read 1148 times:

KMart has a blue light special on their stock  Laugh out loud

(topic too short:vckjdfhjeljfhnewkanclkja) Big grin


User currently offlineVonRichtofen From Canada, joined Nov 2000, 4638 posts, RR: 36
Reply 6, posted (12 years 8 months 3 weeks 3 days 22 hours ago) and read 1147 times:

Start with at least a couple grand, then if you make money re-invest it so that it grows. If you invest $3000, and then make $2000 off it totalling $5000, then invest the full $5000. The more you invest, the bigger the possible gains are.


Word
User currently offlineNotar520AC From United States of America, joined Jul 2001, 1606 posts, RR: 4
Reply 7, posted (12 years 8 months 3 weeks 3 days 21 hours ago) and read 1139 times:

Flight152- They wouldn't happen to have a blue light special on Notar520 helicopters, would they?


BMW - The Ultimate Driving Machine
User currently offlineLj From Netherlands, joined Nov 1999, 4477 posts, RR: 0
Reply 8, posted (12 years 8 months 3 weeks 3 days 15 hours ago) and read 1133 times:

Unless you're very lucky you can earn 900k thru the stock market. Most people just end up with a loss just like me

User currently offlineSonic From Lithuania, joined Jan 2000, 1670 posts, RR: 1
Reply 9, posted (12 years 8 months 3 weeks 3 days 14 hours ago) and read 1129 times:

The stock market works this way:
The more people buys some shares -- the more the stock price of that shares raises. The more people sells the shares -- the more it falls.
It was only an abstract however. In reality it is not that simple. The full thing is something like that:
Let's say, there is a "SuperCompany" with share cost of 5$ each. 10 people wants to buy, 1000 shares each (that means, they will pay 5000$ each). While there are only 5 people selling their shares, they also wants to sell 1000 shares each. That means, those 10 people will pay 5000$ for only 500 shares. The next day share price for "SuperCompany" will be updated to 10$ per share.
The opposite also could happen. If 10 people would sell shares (1000 each) and only 5 would want to buy them, the share price would fall to 50%. All shares in market must be sold in one day. There couldn't be any "remaining shares" for tommorow. If there are less people who wants to buy shares than people who are selling them, the price will fall and those buyers will get more shares than they bid for for money they invested.

However, in reality it is even more harder. People could also buy and sell not 1000 share each but also more or less. That means there could be 10 buyers and 5 sellers and stock price will still fall if 10 buyers would want to buy like 10-100 shares each and sellers would sell 100-1000 shares each.

In great deppression let's say, everybody bought shares because they thought it's good investement. So, with everyone buying and almost no one selling, prices soon become sky-high. People didn't knew how market works and that price WILL fall. Then someone sold shares and price fell a bit. All people started panic and selling their shares, soon all prices dropped and all people started to sell shares at the smallest price they could get. However, no one wanted to buy them because people seen it is not good investement...

Hope this helped,
Sonic


User currently offlineNotar520AC From United States of America, joined Jul 2001, 1606 posts, RR: 4
Reply 10, posted (12 years 8 months 3 weeks 3 days 12 hours ago) and read 1119 times:

Uhhhhh, okay.  Nuts

I think I'll just get a book! Big grin Thanks though- I really appreciate it!



BMW - The Ultimate Driving Machine
User currently offlineMr AirNZ From New Zealand, joined Feb 2002, 878 posts, RR: 1
Reply 11, posted (12 years 8 months 3 weeks 3 days ago) and read 1104 times:

Speaking of shares, who actually owns some?? I do in an (you'll never guess) airline!

User currently offlineNotar520AC From United States of America, joined Jul 2001, 1606 posts, RR: 4
Reply 12, posted (12 years 8 months 3 weeks 2 days 20 hours ago) and read 1091 times:

I know my parents do, but I don't understand their stock market talk.


BMW - The Ultimate Driving Machine
User currently offline174thfwff From , joined Dec 1969, posts, RR:
Reply 13, posted (12 years 8 months 3 weeks 2 days 20 hours ago) and read 1090 times:

I do, made past investments such as Plug Power, Cisco, Intel...

Right now my portfolio is spread out between defense stocks and pharmaceutical (sp?).


User currently offlineJetService From United States of America, joined Feb 2000, 4798 posts, RR: 11
Reply 14, posted (12 years 8 months 3 weeks 2 days 16 hours ago) and read 1078 times:

I have stock-options with my company .


"Shaddap you!"
User currently offlineMika From Sweden, joined Jul 2000, 2881 posts, RR: 4
Reply 15, posted (12 years 8 months 3 weeks 2 days 15 hours ago) and read 1072 times:

I don't have any at the moment but i am defenently planning on getting some when i get myself a good income. It's fun and you can make some good bucks out of it.

User currently offlineRyanb741 From United Kingdom, joined Mar 2002, 3221 posts, RR: 15
Reply 16, posted (12 years 8 months 3 weeks 2 days 15 hours ago) and read 1074 times:

The only way you are going to make that kind of money with a small investment is through high-risk options.

For a sure-fire way of making money in UK markets, supermarket chains like Tesco, ASDA, Sainsbury's etc normally yield a decent return.

Either that or buy into Chinese organisations (if you can!) operating around Shanghai and involved in technology etc. They are high-risk though!



I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?
User currently offlineSaintsman From United Kingdom, joined Mar 2002, 2065 posts, RR: 2
Reply 17, posted (12 years 8 months 3 weeks 2 days 15 hours ago) and read 1071 times:

Notar520ac, why buy one yourself? it's much more fun to fly someone elses. It's even better when you get paid for flying it.

Also don't forget that once you have spent your 900k buying it you then have to maintain and run it and that's not cheap either. So unless you win the lottery I would stick to flying someone elses.

It may not be as cool as just nipping down the Kwiky Mart to get a beer in your own helicopter, but a least you will be flying it. (and that's prety cool too)


User currently offlineLj From Netherlands, joined Nov 1999, 4477 posts, RR: 0
Reply 18, posted (12 years 8 months 3 weeks 2 days 8 hours ago) and read 1062 times:

I'm into shares. No airline shares (just closed a short position in KLM put options) but all IT en telecom I was a believer (and making good money) in telecom an d IT untill I lost 67%, now I just hope I'll recoup some of the losses one day.

Sonic, you're simplification of the stock market is quite accurate. Unfortunately many people tend to forget that simplification and go crazy on the market and end up losing a lot.


User currently offlineAirsicknessbag From Germany, joined Aug 2000, 4723 posts, RR: 33
Reply 19, posted (12 years 8 months 3 weeks 2 days 3 hours ago) and read 1050 times:

I hate being a spoilsport, and I don´t want to come across as negatively biased or sitting on a high horse, but there are some things worth considering, Notar520AC:

- Most people don´t make 900,000 USD after taxes in their entire working life.

- Hardly anybody, especially in the US where people tend to spend a higher percentage of their income rather than save it, has a freely disposable sum that huge.

- If it was possible to say "hey, I wanna make 900 Grand, let´s just try stocks", everybody would be doing that, including me.

- The stock market is NOT a money printing machine, every Dollar won there must be lost by someone else. For every Microsoft, IBM or HP success story there are hundreds of entrepreneurs NOT making it out of their garage, effectively burning their investors´ money.

- If you want to earn 900,000 USD, you have to be extremely good at what you´re doing. You won´t make such a sum on the stock market en passant. That´s only possible if you devote your professional life to making money from stocks. And even then, you still have to be better at that job than 99.99% of your competitors. This statement, by the way, is applicable to every kind of profession. And it won´t work without very VERY hard working.
Daniel Smile


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