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  1. #76
    Mr. John Wayne CosmicCowboy's Avatar
    Location
    san antonio
    Post Count
    44,155
    NBA Team
    San Antonio Spurs
    meh Apple is ok... if you want real returns quickly you have to stick with micro/small/or mid cap stocks. They have the agility to make big moves relatively quickly. I've bought and sold Abraxas Petroleum 3 times in the last couple months and made 6% in 3 days, 16% in 7, and, most recently, 21% in 5.

    I'll take that over 20% in a year any day. Apple's too much of a behemoth to make me interested.
    Of course you can make bigger percentage returns in small cap stocks because of the volatility...the small caps can move the other way just as fast. I offered him Apple as a buy and hold option that had very little downside, if any and a big upside...I realize a current P/E of 19 doesn't look great for an average company but with sales of I-phones and I-pads expanding geometrically as the Asian markets evolve and the 5th generation phone hitting the market in a few months Apple stock is looking at a great year...

  2. #77
    Believe. The_Worlds_finest's Avatar
    Location
    San Antonio
    Post Count
    2,506
    NBA Team
    San Antonio Spurs
    put it all in ford

  3. #78
    Veteran Sisk's Avatar
    Post Count
    6,709
    NBA Team
    San Antonio Spurs
    College
    Texas A&M Aggies
    Ford has been great for me tbh..

  4. #79
    right about pizzagate Blake's Avatar
    Post Count
    83,770
    NBA Team
    San Antonio Spurs
    College
    Texas Tech Red Raiders
    Thanks alot guys!


    Im 26 years old right now so its a little scary for me to be holding all this money... I just want to do the right thing and the smart thing to make this money last.
    just curious, how did you make your 30k?

  5. #80
    Moss is Da Sauce! mouse's Avatar
    Post Count
    26,358
    NBA Team
    Dallas Mavericks
    gas shot up again your 30,000.00 would have been 37,000.00 by now.

  6. #81
    Veteran
    Post Count
    2,176
    NBA Team
    Houston Rockets
    Just so you know, the stock market is going to crash in july.

  7. #82
    Veteran
    Post Count
    12,134
    NBA Team
    Denver Nuggets
    Just so you know, the stock market is going to crash in july.
    Predictions for July eh? I predict Mouse will still be overweight and unemployed.

  8. #83
    Believe. Pick of Destiny's Avatar
    Post Count
    334
    NBA Team
    Dallas Mavericks
    Play the market and hope for the best.

  9. #84
    Veteran Sisk's Avatar
    Post Count
    6,709
    NBA Team
    San Antonio Spurs
    College
    Texas A&M Aggies
    just curious, how did you make your 30k?
    People die every day.

  10. #85
    Believe. FalleNxWiZarDx's Avatar
    Location
    Timberwood Park
    Post Count
    602
    NBA Team
    Cleveland Cavaliers
    just curious, how did you make your 30k?

    inheritance




    I'v decieded to buy my girlfriend a new car..... I love her and she deserves it.... the rest will be sitting on my saving account for emergencys...


    After long Research... 30 K is not to much money in the big picture

  11. #86
    All Hail the Legatron The Reckoning's Avatar
    Location
    Australia
    Post Count
    10,568
    NBA Team
    San Antonio Spurs
    College
    Texas Longhorns
    inheritance




    I'v decieded to buy my girlfriend a new car..... I love her and she deserves it.... the rest will be sitting on my saving account for emergencys...


    After long Research... 30 K is not to much money in the big picture

    trolls will be trolls unless youre a complete whipped .

  12. #87
    Veteran Sisk's Avatar
    Post Count
    6,709
    NBA Team
    San Antonio Spurs
    College
    Texas A&M Aggies
    Called that, tbh.

    And if you're not trolling and are actually buying your girlfriend a car............................................ you're a complete idiot.

  13. #88
    Che cazzo stai dicendo? DisgruntledLionFan#54,927's Avatar
    Post Count
    7,801
    NBA Team
    Detroit Pistons
    Awesome.

  14. #89
    Linger Ficking Good! CuckingFunt's Avatar
    Post Count
    22,076
    NBA Team
    Sacramento Kings
    Sounds like a good investment strategy.

  15. #90
    Veteran to21's Avatar
    Post Count
    3,158
    NBA Team
    San Antonio Spurs
    College
    Texas Longhorns
    And if you're not trolling and are actually buying your girlfriend a car............................................ you're a complete idiot.
    putting the pu55y up on a pedestal tbh.

  16. #91
    These aren't the droids you're looking for jman3000's Avatar
    Location
    San Antonio
    Post Count
    13,128
    NBA Team
    San Antonio Spurs
    bought axas at 5.30 yesterday. Already up to 5.75 as of now. Quick 10% gain and now I'm out.

  17. #92
    Veteran Wild Cobra's Avatar
    Location
    Portland, OR
    Post Count
    43,117
    NBA Team
    Portland Trailblazers
    College
    Oregon Ducks
    Pay a consulting fee to a financial advisor...I went with American Express Financial Advisors--but you can go anywhere you feel comfortable...and go with a person you feel comfortable with.

    I would look into investing for retirement...30k is a good start...then you can put in a set amount every month...in time...you can start thinking early retirement...good luck.
    This is probably a good start, but I prefer mutual funds.

    I would wait to file taxes till after putting the maximum allowed into a self directed IRA for 2010, and place a maximum for 2011 as well. This money would become tax free. If you want to invest all the $30k, have a non retirement mutual fund account also. Some can also be used like checking accounts. You could also pick some traditionally stable stocks like GE that pay quarterly dividends. Get enough different stocks that pay dividends, and you might eventually be able to live just on that.

  18. #93
    Veteran Wild Cobra's Avatar
    Location
    Portland, OR
    Post Count
    43,117
    NBA Team
    Portland Trailblazers
    College
    Oregon Ducks
    Depends on how long you can wait...if this money is expendable...dump that into a Roth IRA and pick out some good Mutual Funds...if you need fast money...play the stock market...probably watch it all go down the tubes...mid range length of time would be maybe CD's for a couple of years at a decent rate...you should probably consult an actual Financial Advisor though...
    The ROTH may or may not be a good idea. Depends on your current tax rate vs. what you expect your future tax rate to be. Don't want to pay the 28% or 31% tax rate on the money you save if you could pay the 15% or 25% rate when you take it out instead.

  19. #94
    Veteran Wild Cobra's Avatar
    Location
    Portland, OR
    Post Count
    43,117
    NBA Team
    Portland Trailblazers
    College
    Oregon Ducks
    Trolling trolling trolling...

  20. #95
    Veteran Wild Cobra's Avatar
    Location
    Portland, OR
    Post Count
    43,117
    NBA Team
    Portland Trailblazers
    College
    Oregon Ducks
    After long Research... 30 K is not to much money in the big picture
    But do you know how compound interest works?

  21. #96
    Veteran Wild Cobra's Avatar
    Location
    Portland, OR
    Post Count
    43,117
    NBA Team
    Portland Trailblazers
    College
    Oregon Ducks
    With a 7% annual compound interest, $30k becomes $228,367.65 after 30 years. If you add $10k each year, it is $1,172,975.51 at the end of 30 years.

    It would actually be more, I did a simple calculation that added $10k after the interest instead on monthly or biweekly additions.

  22. #97
    Greed is Good. Gordon Gekko's Avatar
    Post Count
    77
    NBA Team
    New York Knicks
    Information my friend,....information.

  23. #98
    Believe. FalleNxWiZarDx's Avatar
    Location
    Timberwood Park
    Post Count
    602
    NBA Team
    Cleveland Cavaliers
    This is probably a good start, but I prefer mutual funds.

    I would wait to file taxes till after putting the maximum allowed into a self directed IRA for 2010, and place a maximum for 2011 as well. This money would become tax free. If you want to invest all the $30k, have a non retirement mutual fund account also. Some can also be used like checking accounts. You could also pick some traditionally stable stocks like GE that pay quarterly dividends. Get enough different stocks that pay dividends, and you might eventually be able to live just on that.

    Thank you sooo much for this info!
    will definitely look info into this

  24. #99
    These aren't the droids you're looking for jman3000's Avatar
    Location
    San Antonio
    Post Count
    13,128
    NBA Team
    San Antonio Spurs
    Refiners have been taking a pretty bad beating this week, with most of the ones on my watch list dropping 10+%. Looks like today might have been a bottom as a couple climbed into the green and after market trading has most others going green as well.

    Put a small amount into WNR at 15 a little after 2 today. Sitting at 15.37 at close and after hours trading has it at 16.64. Shoulda put more in, but it was a hunch only and I didnt' wanna risk it.

  25. #100
    These aren't the droids you're looking for jman3000's Avatar
    Location
    San Antonio
    Post Count
    13,128
    NBA Team
    San Antonio Spurs
    The money this guy has is gonna be blown. 100% chance.

    The fact he can't see GG for the comedic relief that he is is almost painful to watch.

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