Random Thought Thread.

[LightsOut]

Originally Posted by Gurk

First day working since last August; had a 13 hour shit and I start at 7 tomorrow morning. Fuck me

is this you

[Windex]

Originally Posted by Gurk

First day working since last August; had a 13 hour shit and I start at 7 tomorrow morning. Fuck me

Thats a long shit. What did you eat?

[Aamir]

LOL the last two posts

[Chris]

Anyone here invest in stocks? I'm looking at getting into it when I'm done school.

[jeffb]

Originally Posted by Chris

Anyone here invest in stocks? I'm looking at getting into it when I'm done school.

Nope. Something i always wanted to get into.....I know someone (not all that well) that is rich from investing in the stock market. He retired at 48. I always wanted to ask him to help me to get started but i rarely see him.

[Chris]

My friend who is my age (20) started in October after doing a lot of research and asking his dad advice. He put 4000 in and has made 500 so far.

[pzabby]

Originally Posted by Chris

My friend who is my age (20) started in October after doing a lot of research and asking his dad advice. He put 4000 in and has made 500 so far.

thing with stocks is that 500 could turn into -4000 tomorrow. it's so damn unpredictable unless you're a mathematical gem and or have (illegal) inside trading info.

I wouldn't want a life with so much stress

[js12]

Originally Posted by Chris

Anyone here invest in stocks? I'm looking at getting into it when I'm done school.

Virtual Stock Exchange Games (VSE) - MarketWatch.com

You can try it out on that site. Join a game, invest in some stocks and see how well (or not) you do.

Back in my high school econ class, we had to do a competition with stocks. I chose to invest in Dollarama when it was worth $30. Had I done it with real money, I would have been 2.5 times richer- Dollarama is worth $70/share today.

Funny thing is I remember advising my mom to invest in Dollarama when it was $35. She didn't take my advice.

[LX]

It is gambling. I know a lot of people that thought Nortel was a totally safe investment. In the end the whole system is so terribly rigged and lacking in ethics that I wish I had not put money in mutual funds, even ethical mutual funds. The main thing I would stress would be needing to be prepared to take big losses, unless you work for Goldman Sachs or something.

[Chris]

I'm just looking for a way to make money on the side of work.

[LX]

Originally Posted by Chris

I'm just looking for a way to make money on the side of work.

Which I have nothing against. Just never forget that it's rigged by the guys at the top, and that the surest of bets can tank in a hurry, researched well or not. It's amazing how easy it is to think only of gains instead of gains and losses, and possible big net losses. As long as you have money set aside that you can think of in those terms, then go for it. There are cool investment opportunities out there to be sure.

[Dario]

gambling, no thanks. work hards for the mula

[pzabby]

I guess it can work if you can set aside x amount of money that you are completely ok with parting with, similar to a casino trip. take that x amount, invest it, and if you gain, awesome. if you lose, it's no big deal. you can figure out some sort of formula on how much of gains to re-invest, and how much to cash in, that way if you do make gains you do get some reward off it, but if you do lose it, you're not taking an unexpected hit.


fuck, it sounds like fun

['trane]

can anyone recommend a good contractor in toronto for eavestroughs, soffits, window capping, etc?

[Windex]

Originally Posted by Chris

Anyone here invest in stocks? I'm looking at getting into it when I'm done school.

only invest money you can afford to lose and be prepared to stick with a stock for 5 years (1 year after i bought Apple stock it lost half its value, its worth triple my purchase price now). stick with companies you know and are familiar with. i.e. coca cola if you buy their products. i know people that try to get fancy and invest in small pharma or tech companies hoping a big company buys them so they can make some quick cash. that's a hard game to play and you need to know people in those industries. The more companies you invest in. the more you lose. be selective.

remember you have to pay a transaction fee if you buy online or a commission if you use a stockbroker. also, look for companies that pay out dividends regularly.

Best time to buy was a 4-6 months after the Lehman crash. thats when i bought my recent stocks (Coca Cola, Visa and Ford). I wish I had more money to invest. I could've retired at 35 . Thanks to the Google and Apple stock I sold a couple years ago I never had to take out any student loans

[pzabby]

Originally Posted by Windex

only invest money you can afford to lose and be prepared to stick with a stock for 5 years (1 year after i bought Apple stock it lost half its value, its worth triple my purchase price now). stick with companies you know and are familiar with. i.e. coca cola if you buy their products. i know people that try to get fancy and invest in small pharma or tech companies hoping a big company buys them so they can make some quick cash. that's a hard game to play and you need to know people in those industries. The more companies you invest in. the more you lose. be selective.

remember you have to pay a transaction fee if you buy online or a commission if you use a stockbroker. also, look for companies that pay out dividends regularly.

Best time to buy was a 4-6 months after the Lehman crash. thats when i bought my recent stocks (Coca Cola, Visa and Ford). I wish I had more money to invest. I could've retired at 35 . Thanks to the Google and Apple stock I sold a couple years ago I never had to take out any student loans

damn. we have a wealthy person here

[Windex]

Originally Posted by pzabby

damn. we have a wealthy person here

nope. still live on bread, beans and eggs
money I made went into paying for my education.

[Psi]

Originally Posted by Windex

Thanks to the Google and Apple stock I sold a couple years ago I never had to take out any student loans

When I was in college there was a bunch of us considering getting in on the Google IPO at 110$/share, weighted the options and eventually declined taking that route (few people didn't really have the numbers we were looking for to invest).

Sucks that we didn't, woulda been one hell of an investment.

[Gurk]

Originally Posted by LightsOut

is this you

LOL. Fucking spelling mistakes

Originally Posted by Windex

Thats a long shit. What did you eat?

All of pzabby's advice posts, finally digested them yesterday :cookie:

[Windex]

Originally Posted by Psi

When I was in college there was a bunch of us considering getting in on the Google IPO at 110$/share, weighted the options and eventually declined taking that route (few people didn't really have the numbers we were looking for to invest).

Sucks that we didn't, woulda been one hell of an investment.

I sold it too early at $630 but I needed the money. Now its at $860

Getting Ford at $1.99 was the best decision I made. Buying in the beginning of 2009 was great. A lot of undervalued companies were available.