Investing advice needed. Reps for help.

**Boom782** · 08-12-2006, 03:32 PM

I have some money I want to either invest or start a bussiness with and have no clue where to start.

Can anyone reccomend any good books or anything at all for investing info? I know little to nothing about stocks and investing, and would like to know more. The interest currently being earned is tiny, and I know I could do much better by putting it elsewhere.

Was considering real estate since that seems to be how some of the richest people in the world started off.

Can anyone offer any advice? Thanks in advance.

**digital1986** · 08-12-2006, 03:34 PM

Well there is the internet with TONS of info. Why dont you try to take so of your own time and search. Look for different forums to join in that type of area

**LAzyLoser** · 08-12-2006, 03:34 PM

thinking about buying silver bars.

**Boom782** · 08-12-2006, 03:36 PM

I did and all of those forums have 1/1000 of the members this one does and might have a new post once a week.

So im posting in one of the bussiest forums on the net in the MISC section. Is that not what this is for??

I know their are probably some very bussiness savy people on this forum and I would just like an idea on where to start, maybe a book title for example.

**Habibe2003** · 08-12-2006, 03:36 PM

Invest in a vacation ...

2 weeks Caribbean ...

**digital1986** · 08-12-2006, 03:39 PM

Originally Posted by Boom782

I did and all of those forums have 1/1000 of the members this one does and might have a new post once a week.

So im posting in one of the bussiest forums on the net in the MISC section. Is that not what this is for??

I know their are probably some very bussiness savy people on this forum and I would just like an idea on where to start, maybe a book title for example.

Well, if you want to get into this area make sure you can spell the basic words of the area like finance, BUSINESS, and other words in that area.

**Boom782** · 08-12-2006, 03:47 PM

Wow, a simple question and it brings out all the trolls. Thanks for being mature about it digital and kameldude.

**mickey mouse** · 08-12-2006, 03:55 PM

bump i want to invest in real estate also is 100 bucks good to start?

**digital1986** · 08-12-2006, 03:55 PM

Originally Posted by Boom782

Wow, a simple question and it brings out all the trolls. Thanks for being mature about it digital and kameldude.

No problem. Its just stupid you came here to ask that where you know about half the misc section is a bunch of 15-16 year olds

**KentPower** · 08-12-2006, 03:58 PM

Originally Posted by Boom782

Wow, a simple question and it brings out all the trolls. Thanks for being mature about it digital and kameldude.

Name calling. Mature.

Seriously if we knew about this we'd be loaded and far too busy getting our wangs sucked by young models to answer anyway... digital's advice is good, search the interweb.

**xer0xed** · 08-12-2006, 04:00 PM

My advice is to stay cash.

**KentPower** · 08-12-2006, 04:02 PM

Originally Posted by mickey mouse

bump i want to invest in real estate also is 100 bucks good to start?

I had 100 bucks I bought a few bricks.

I'm saving up for a house.

**Boom782** · 08-12-2006, 04:03 PM

Originally Posted by digital1986

No problem. Its just stupid you came here to ask that where you know about half the misc section is a bunch of 15-16 year olds

True, but their are also some very successful, intelligent people on this forum as well. Figured it couldn't hurt to ask, but I guess I was wrong.

I have a good deal of money I want to invest, and am just looking to learn more about stocks/bonds, because the broker holding the money atm, isn't doing crap with it.

**Boom782** · 08-12-2006, 04:04 PM

Originally Posted by xer0xed

My advice is to stay cash.

Mind elaborating a bit bro?

**givemepink** · 08-12-2006, 04:45 PM

Read the "Intelligent Investor - Benjamin Graham" thats a good start... Make sure you get the most recent publication.

**muscleman420** · 08-12-2006, 04:54 PM

you should go to somone in person who has a lot of expirience: a stock investor, or somthing like that: hell know what to do w/ your money. you cant expect to do some reading and then be good at it.

**InViSiBlE JuIcE** · 08-12-2006, 05:02 PM

Try 'Security Analysis' by Ben Graham, true light reading.

But no, if you are just starting out the answer is pretty simple. Go to the library and get a basic 'investment' book. "Investing for Dummies", "Idiot's guide to Investing", etc etc. That way you can read the book and learn about the many different kinds of investment opportunities in one simple book (mind you that the information provided will be very '101-ish'). So say you read the book, and investing stocks from a valuation perspective really sounds good to you... Then you move on to the more in depth material on Value Investing (Graham's works, material on Buffet's strategy and such (wellll, graham is still probually to advanced for now but you get the idea)).

So go on amazon, find a broad investing book with the highest ratings, then hit up your library and start learning.

Do not expect to be able to read two-three books and go out and start accumulating securities tho, it takes time to learn to invest, no matter what branch of investing you chose. (And if you decide to hit up the stocks, or options (alot of research needed), or futures (you will be ruined if you don't know what ur doing), or whatever...please paper trade first)

If bond's float your boat, read up on them. They have several different categories: treasury, municipal, corporation, etc. The bonds have ratings.... you want 'Investment Grade bonds' not "junk bonds" (i think which have a rating of C and below (not sure tho)). Usually the more secure th bond, the smaller the interest yield; the crappier the bond, the higher the yield. Usually you buy a bond for 1K or 10K$. Quick crash course...

By the way, when people say stay in "cash" usually it means: put ur money in a money market or something along those lines.

**Boom782** · 08-12-2006, 05:13 PM

Thanks for the advice. Ill check out those books.

**kwskiZX10** · 08-12-2006, 05:15 PM

Jim Cramer's "Real Money"

I purchased some Schwab and Ameritrade on Friday.

Am thinking of purchasing some United Technologies and ERF (wow strong dividend) this week.

**Boom782** · 08-12-2006, 05:16 PM

Originally Posted by InViSiBlE JuIcE

Do not expect to be able to read two-three books and go out and start accumulating securities tho, it takes time to learn to invest, no matter what branch of investing you chose. (And if you decide to hit up the stocks, or options, or futures, or whatever...please paper trade first)

If bond's float your boat, read up on them. They have several different categories: treasury, municipal, corporation, etc. The bonds have ratings.... you want 'Investment Grade' nor "junk bonds" (i think which have a rating of C and below (not sure tho)). Usually you buy a bond for 1K or 10K$. Quick crash course...

Well im just hoping to get some basic knowledge so I can pull the money back from the broker, and use it myself. Currently its in such a low risk/yield situation that I would probably be better off earning interest having it sit in a bank.

**InViSiBlE JuIcE** · 08-12-2006, 05:21 PM

Originally Posted by kwskiZX10

Jim Cramer's "Real Money"

I purchased some Schwab and Ameritrade on Friday.

Am thinking of purchasing some United Technologies and ERF (wow strong dividend) this week.

Ya, def. thumbs up to that Div % yield.

**Boom782** · 08-12-2006, 05:24 PM

Haha, and the purpose of this thread was to find out what books would help me understand what the f*ck you two just said.

Time to hit up the bookstore.

**kwskiZX10** · 08-12-2006, 05:24 PM

Originally Posted by InViSiBlE JuIcE

Ya, def. thumbs up to that Div % yield.

Recently I've been looking into high yield stocks, some of them look so 'solid' that it seems unreal.

Just look at ERF, and with a 8% dividend

(tell me if the link doesent work)

**Boom782** · 08-12-2006, 05:36 PM

You two obviously seem very intelligent in the subject, so here is my question:

If you had say $150,000 to work with, what would you do?

Im not looking for specifics such as stock names, Im just looking for someone to point me in a good direction. ie. bonds/CD's/real estate. I can figure out where to go from their, but at the moment the options are so broad, I don't know where to start.

**Paldon** · 08-12-2006, 05:36 PM

you must also adopt the right moneymaking mindset

you must adopt:

making money does not entail greed

and rich people are the best and most admirable people in the world

**MASTER175** · 08-12-2006, 05:36 PM

http://money.howstuffworks.com/frame...nvest-faq.com/

^ stocks

http://www.free-uk-shares.co.uk/stock-trading.html
stocks

http://www.reiclub.com/
^ real eastate

http://www.johntreed.com/rateseminars.html
^real estate

good luck (reps needed)

**InViSiBlE JuIcE** · 08-12-2006, 05:37 PM

Originally Posted by kwskiZX10

Recently I've been looking into high yield stocks, some of them look so 'solid' that it seems unreal.

Just look at ERF, and with a 8% dividend

(tell me if the link doesent work)

I just checked out ERF's fundamentals...profit margin...ROE..PE..plus that Dividend.. looks like they are doing better for the most part every year with their financials...looks like you found a beauty. The only thing that looks not admirable to me is their current ratio, but I am no expert.

And I would imagine their line of business in Crude won't hurt either.

**Paldon** · 08-12-2006, 05:38 PM

Originally Posted by Boom782

You two obviously seem very intelligent in the subject, so here is my question:

If you had say $150,000 to work with, what would you do?

Im not looking for specifics such as stock names, Im just looking for someone to point me in a good direction. ie. bonds/CD's/real estate. I can figure out where to go from their, but at the moment the options are so broad, I don't know where to start.

take $100,000 and put it in bonds/mutual funds, high yield savings
$25,000 on the market
$25,000 on futures

**Sadao** · 08-12-2006, 05:39 PM

I personally trade foreign currency and would advise everyone to learn up on it. For a starter though i suggest you read 'Rich Dad Poor Dad,' seems to be a favorite among many.

**kwskiZX10** · 08-12-2006, 05:44 PM

Anyways, immerse yourself in the market. Start in a specific sector or industry and know whats going on.

Try to identify developing trends, what the next big products could be. I've made threads in the misc section asking people what they think the next big trend is, like iPods.

Right now I think that one of the next trends is going to be very light jets (VLJs). These things only carry about 4 people, and cost around 1.5 mil for initial purchase. Especially when you consider all of the terrorist **** going on. There are several different companies producing them:

- Cessna Mustang
- Eclipse 500
- Embraer Phenom
- Diamond D-Jet
- Honda HondaJet
and several more

Garmin is the primary supplier for 4 of those except Eclipse. Pratt and Whitney is supllying the powerplant for the Eclipse 500 and the Phenom. PW is a division of United Tech, and UTX has always been a solid company.

It will be competitive between those companies, Eclipse probably has had the most publicity. I don't plan on purchasing any of the individual jet companies because of this. When theres a battle going on, you don't pick sides. You take the company thats supplying the guns and bullets to both sides. It doesen't matter which side wins, because the supplier is going to win in any case.

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