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 Beginner- Trying to invest in Stocks
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Posted on 04-13-10 12:27 PM     Reply [Subscribe]
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I am thinking to invest in some stocks. I want to get started in doing some stock trading, around 1k initially. I think that there are some stock gurus out here is sajha too. Do you think it is good to invest in Palm right now. I mean if the company is bought by HTC or Lenovoe, then what are my chances of making profit? Are there some stocks that you recommend? I would kindly appreciate your suggestions.
 
Posted on 04-13-10 1:32 PM     Reply [Subscribe]
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my friend right now its better for you to invest in a chicken cube stock and make a nice soup and drink it......or wait until july and invest in bae systems....trust me you will be laughu=ing all the way.

 
Posted on 04-13-10 4:08 PM     Reply [Subscribe]
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invest in microsoft...but first make sure the year is 1980

 
Posted on 04-13-10 4:37 PM     Reply [Subscribe]
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Saathi


I do not want to sound discouraging because i myself  have money invested in stocks.


But there are 2 things you must consider


First is that 1k is (and please note i'm not trying to be disrespectful) not going to be enough if you want to invest in the US.You will have to invest in penny stocks if you want to make any sort of profit.And penny stocks are extremely speculative.Also the money will have to be invested for a longish period of time.And with 1k by the time you are done with taxes,the profits will be minimal to none.


Secondly,your timing is a little off.Last year the markets were on fire and no matter where you invested,the rewards were bountiful.This year,even with a lot of research,it has been somewhat of a struggle to make money.And like i said,with 1k i don't see much happening.


As a solution i can offer you two possibilities-you can take the money and invest in a good bank's stock in Nepal.If you can keep the money there for a couple of years,the rewards will be good.Also in Nepal,1k will have a lot more value than here.


Or you can invest the 1k here,but what you need to do is to keep adding to the account until you have atleast 5-10k.Only then will the investment be meaningful.


This is not an endorsement either to invest or to not invest.This is only my opinion.Investing in stocks can lead to pretty severe losses,and one should only invest if one is willing to risk all the money invested.


That having been said,it is your money to do as you please.


Good luck to you.Cheers.

Last edited: 13-Apr-10 05:25 PM

 
Posted on 04-13-10 7:35 PM     Reply [Subscribe]
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it's never too late to invest money in stock market. there will always be ups and downs and if you do some research before you put your money in the market, you'll always make money. keep in mind that in a short run, speculation drives the market but in a long term, what matters is how a company is performing and it's capabilities in foreseeable future. right now market is slowing going up so it is better to jump into it. don't think that you'll be making tonns of money over night. if you make 20% profit in a year, consider it a good run.

and btw, go read some good books on stocks and investment. it's very imperative that you should know some basics about it. it will definitely help.

 
Posted on 04-13-10 9:45 PM     Reply [Subscribe]
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Thank you all for proving your inputs.
 I think just to be on the safe side, I will purchase some VZ stock. Maybe the price will go up, if they carry iphone. just in case. Apart from that it seems pretty stable at around $30/share

I will do some more research.
Once again thanks for your valuable suggestions, goosfraba, dolphin..

 


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