Welcome to Investing Basics! If you've found yourway here, chances are you've either got somemoney socked away or you're planning to do so.What are you saving for? Retirement? College for the kids? A new speaker system complete with woofers and tweeters? An exotic animal menagerie complete with Chihuahuas (woofers) and canaries (tweeters)?A retirement villa in the sun-baked hills of Tuscany? These boards are the place to talk about all of the stocks in your portfolio, to make new friends, and to learn about investing with Fools from all four corners of the globe. If you have questions about how to use the message boards, click the 'Help' link. If, after checking the help area, you have additional questions, comments, or concerns, please drop us a note at FoolBoards@fool.com.
Hello, I just couldn't pass up the opportunity to be the second post on a board. I'm not a beginner, but I like to answer questions from beginners. I will be checking back here to see if a can help anyone else out. I'm actually an MBA, and a financial analyst. That last sentence stinks of being wise, but I assure you I'm actually quite foolish. Sam
<<but I assure you I'm actually quite foolish.>>Indeed you are, Sam!Can't think of anything more Foolish than a willingness to help out beginners. Thanks for kicking off this new folder :)Cheers,TMF Jeanie
Welcome, Sam!It's great having Fools around to help others just starting out.One question that I see often asked is, "Should I start investing now, or pay off my credit cards first?" Of course the answer to this is to get out of debt first.If this question applies to any beginner's, another great link is our Credit Card board which can be found at http://boards.fool.com/Registered/Messages.asp?id=1040004000000000Tony...but I still am...Off2Aruba
To Myself:Reading these messages from April 1999 is like that Kid in the movie 6th Sense walking around town: Lots and lots of things to discover around here, if you doan mind the lingering dialogues from people no longer with us. I feel a sense of gloom reading these enthusiastic messages knowing that many would be caught up in the post-bubble apocalypse. Where were you in April 1999 ?
Where were you in April 1999 ? Where was I in April, 1999...?My investment club was just starting and at the end of April we bought our first stocks. These stocks included: ADC Telecom (ADCT), Apache Oil (APA), Cell Genesys (CEGE) The GAP, Inc. (GPS), National Instuments (NATI) Nortel Networks (NT) TexOil (TXLI) Titan Pharm. (TTP) and of course, Quepasp.com (PASA).Oh...we didn't know what we were doing--but people we making money buying just about anything. We lost a lot of money before the majority decided to actually learn about investing. (Of course, some in the club still don't want to learn.)Thanks for the memories,Mike--licking wounds from the 'post-bubble apocalypse'.
I disagree with paying the debt 1st. If your going to get a higher percentage out of the investment than your paying on the debt. Last year is probably a bad example but I made a 400% return on CGA. I'm not dissapointed I didn't put it on debt.
This is the decision that I just went through. My wife bought a new car and we could have scraped the cash together. Instead we took a 6% loan from the bank and I invested the money with the intent of beating that loan. Again, any extra money that we scrape together will go towards the portfolio instead of paying off the premium on the loan.My wife is skeptical, but I have confidence that with the help of all these Fool's I can make it happen . . . and then some!
Pay off the carDividends are less 4%, Bond returns are under 3%. The only thing left is stock price appreciation and that can appear in days, weeks or years. Here is the math. Historical average of the market 10% cost of your loan 6%. 10 - 6 = 4%. It would be easier and safer to pay off the loan and invest the extra in a 30 yr bond for a 3.81% return. The chances of someone without a defined system and little experience with the stock market crushing historical returns are slim.Here is the standard route:Live below your means = all costs are less than money coming in.No revolving credit carryover = credit cards need to be paid of quickly6 months or more of living expenses savedUse longer term loans wisely.(relates to the first point)Once you have all of the above in order then set aside your stock market education tuition money. 3k 5k 10k cash set aside with no expectations of doing anything marvelous with that money. This money is for the sole purpose of learning. You may make some, you may lose some what is important is that you learn how you react to market and company changes. You need to learn what to buy, when to hold it and when to sell it. You need to figure out how many positions you can manage. You need to borrow and tweak systems until you craft a system that works for you more often than it fails. You need to know a good buy from a bad buy not because the stock price went up or down but based on your own criteria and expectations. The game is to pick winners more often then losers and knowing that you will pick both. Pay off the carjack
Spiro35, So I am new to these boards and I am curious... how did things turn out with the car and your attempt at beating the 6% interest via investments?
Jack crow, Your comments make a hell of a lot of sense to me. I was crushed first time around in 1999 and stayed in cash till 2005 when i tried again and opened a sep ira. Amidst many losers were 3 smart buys,Apple,Chevron, and Merck. It has taken me 8 years to want to attempt to do again what you outlined. Probably wouldn't even try without a lot of foolish support. In 2013 it is just as scary as it ever was if not more so.
Hi all,i am reading an article about VIX and TMF recommend:We’re buying call options on the VIX for a net cost of only $1.55 eachmore precisely you are buying to open options on VIX?Thank youmaber
I am a beginner and have lots of questions. When you get to be my age and physically challenged for the most part family migrates away from you. buying stocks has energized me. the fisrt question you can comment on is this. I've only bought two stocks so far with the intention of setting up a portfolio the first of the year. How do I set the percentages and types of investments in one.
Tony, I am in Aruba as I reply. Today is our last day of a 19 day trip. Read "you have more than you think" on eagle beach. Excited about the new year. When are you in Aruba?Bob
Hey Sam:I'm a newbie and would like to know the best way to start investing. I have a broker managing my SEP IRA but i think it might be expensive for me to do trades with him. Should I open a brokerage account and which brokerage would you recommend for the lowest cost???Robert
Who is Sam?WHOVPLLC
Where were you in April 1999 ?Where was I in April, 1999...?My investment club was just starting and at the end of April we bought our first stocks. These stocks included: ADC Telecom (ADCT), Apache Oil (APA), Cell Genesys (CEGE) The GAP, Inc. (GPS), National Instuments (NATI) Nortel Networks (NT) TexOil (TXLI) Titan Pharm. (TTP) and of course, Quepasp.com (PASA). - NechesInvst | Date: 2/16/2004 9:22:59 AM | Number: 27165 Enjoying our two bedroom condo just steps from the Pacific Ocean in Kailua-Kona, Hawaii. Drinking 100% Kona coffee: PuuNaniKonaCoffee.com, of course.WHOVPLLC
I'm new and only have a few shares of SWIR to start. I only have $700 more to start investing and $100 a month after that. What should I buy first? Is it ok to buy just one share of an expensive stock?Thanks
Hello Im new to stock investing and really interested in it. Got the bills paid off, boring retirement plan set up that I contribute to. 34 yrs old and in it for as long as it takes. With whats set aside after it all, I want it in stocks. I recently purchased Apple. I feel I'm a little late the the party in general and especially with Apple. Is this a good start giving the size and cap of Apple ? Thank you?VT
This board is NOT a place to pick or even to specifically comment on the merits of individual stock investments. That being said, Apple is a fine company. I own lots of shares with a cost of about $1.52 per share. -- Purchased the year Steve Jobs returned to take-over his company from the "Pepsi-Man" John Sculley.David
What if any implications does a recurring drought have for an investor. What industry sector if any does benefit from countermeasures, policy decisions etc?
Thanks for being #2 foolJust hello and thanks
Hey Sam - I'll take you up on your offer for help. I've been reading the MF for several years and have by and large just invested in the S&P 500 but wanted to explore if I had what it takes to be more of a Fool. So, I signed up for the Stock Advisor 30 day trial. I've been doing some reading but not sure where to start in taking the first step to picking a few stocks to start with.I read company overviews and they all sound good so I'm just uncertain how to make decisions on which to purchase. Any insight into helping me be less indecisive?
I am in the same position as you mention above. Did you get help from anyone. What about just going with the stocks that the Fool recommends?
Any luck getting a reply? Looks like there may be a few of new investors looking for some help. Fool posts a spreadsheet of the Pick's returns vs S&P. Here's David's :/http://newsletters.fool.com/18/recommendations/David.aspxYes, over the long haul David is up 270% but recently he seems to be hit or miss. I've read through the 13 Steps... and a few things stand out to me. One being -> Invest in what you know! Maybe to start we look at solid companies we are familiar with and can easily research. I choose Under Armor for two primary reasons: 1) It was a Fool recommendation 2) I know, buy and recommend their products. Seemed like a good choice with their potential growth opportunists overseas. They've also hit a few markets Nike doesn't touch such as fishing apparel. But most importantly, they have an eye for athletes. Best golfer in the world under contract - Jordan Spieth age 22)Reigning NBA MVP - Stephen Curry age 28Hoping the company continues their impressive success.
I'm happy to give my thoughts on any Fool recommended stocks, or other ideas. (Some would say all too happy to give my thoughts.)What are you guys looking at?
Since you mentioned Under Armour, here's my take:Yes, it's growing rapidly but it's also extremely expensive. The P/E is around 80. (Some websites may say ~40 right now, but they are miscalculating because of the recent stock split.)There's another brand that's growing rapidly and, as luck would have it, made almost exactly as much profit in 2015 as UA. That company is Skechers.Both companies had 2015 net income of about 230M.Both are growing rapidly, but Skechers' growth is MUCH MUCH faster over the last several years, whether you look at Revenue or Net Income.However, Skechers is also MUCH MUCH cheaper. That's right, UA actually costs more than SKX. How much more?Market cap for UA is ~19 Billion.Market cap for SKX is ~4.5 Billion.In light of all this, I recommend you take a look at Skechers. It's not as sexy a name as UA, but what you get for the price is so much better.
Cool!I had thought about buying Sketchers. I could buy less shares of MELI, and with the savings, buy some Sketchers. I have the weekend to decide. Thanks for the advice!Dennis
Dennis,Ya missed the bus unless you're a swing trader.http://stockcharts.com/h-sc/ui?s=SKX&p=D&yr=0&mn... last in was on or about 4/18/16http://stockcharts.com/h-sc/ui?s=MELI&p=D&yr=0&m... last in was on 2/16/16Quillnpenn -
Just going by Rule Breakers recommendations for starter stocks, and buy it now stocks. I guess if I missed the bus, I'll just hop on the next one that comes along.
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