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KaneKungFu123
06-10-2005, 11:38 AM
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?

well. i have about 60K that i want to invest, and i plan to make 40-50K/month in the upcoming monthes before taxes from poker, and i would like to invest this money, id be very happy with a 10% annual return. I want very little risk though.

Paluka
06-10-2005, 11:51 AM
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?

well. i have about 60K that i want to invest, and i plan to make 40-50K/month in the upcoming monthes before taxes from poker, and i would like to invest this money, id be very happy with a 10% annual return. I want very little risk though.

[/ QUOTE ]

There is no way to get 10% return with very little risk when interest rates are under 4%.

TGoldman
06-10-2005, 11:59 AM
I'd recommend this type of allocation or something similar to it...

50% of your portfolio in a the total stock market index (VTI)
30% in an international stock market index (EFA)
20% in a bond index (AGG)

It's simple and easy to manage, yet still a well diversified portfolio. The expense ratios are all very low as well. You can then focus most of your time and energy on poker without having to worry about your investments. This type of portfolio should diversify away a lot of your risk while still allowing you to have 80% of your entire portfolio in stocks.

RedManPlus
06-10-2005, 02:02 PM
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]

Exactly.

The little guy is the fish...
And the securities business has 100 great ways to skin you.
It's the whole point of the industry.

Even though...
"Where Are the Customer's Yachts?" was written 70 years ago...
Most people still seem to believe...
That your broker wants to "help" you.

Both previous answers are good advice.

You cannot get a "riskless" return above 3-4%...
And you should definitely diversify...
Using index funds with very low fees (below 1%).

It's not a bad time to buy stocks for the long term.

The US stock market is still 15% below it's 2000 peak...
And tech stocks (NASDAQ Composite) are still 50% lower.

But I would be very cautious about bonds...
There's a lot of risk there.
If the US 10 Year Note goes from 4% to 5%...
You lose roughly 25% of your investment.

And in terms of international...
Make sure any "global" fund...
Contains ONLY high grade stocks from mature economies.
(Go to their web site and check the portfolio).

Investing in "emerging" countries...
Is gambling pure and simple...
And does not fit the risk profile you appear to want.

rm+

/images/graemlins/cool.gif /images/graemlins/cool.gif /images/graemlins/cool.gif

joshman1204
06-10-2005, 02:11 PM
[ QUOTE ]
someone has to win, someone has to lose.

[/ QUOTE ]

This is not true in the equities market. Equities are not a zero sum market like other investment markets (i.e. forex)

James Boston
06-10-2005, 02:21 PM
Brokers are salesmen, no different that any other salesman. Their boss is expecting them to push on the clients what is good for the company. But, it's not fair to say that:

[ QUOTE ]
The little guy is the fish...
And the securities business has 100 great ways to skin you.
It's the whole point of the industry.

[/ QUOTE ]

Nobody's forcing you to cling to your broker's every word. Sure, you'll always pay the commissions, but you don't have to buy/sell, buy/sell everytime you're told.

To the OP, researching stocks isn't an easy thing to do. I, by no means, can come close to understanding it fully or explaining it to you. But there are ways to learn. And don't try to figure out the next big things constantly. It seems to me that too many people are pre-occupied with finding the next Microsoft. If you can find it, great. However, don't try to convince yourself you've found it. That, IMO, is what hurts so many people in the long run. Make solid decisions, and the stock market can be rewarding.

RunDownHouse
06-10-2005, 02:50 PM
Clearly, capital markets are simply one giant scam dreamed up by a few old men scheming ways to get every penny out of the normals. At least you've seen the light.

NoTalent
06-10-2005, 03:52 PM
If you are making 40-50K a month from poker, why don't you hire a financial planner to make some of these decisions for you since you don't seem to have any idea of how to invest. I wouldn't throw your money around from the recommendations from a message board.

Voltron87
06-11-2005, 05:52 PM
[ QUOTE ]
If you are making 40-50K a month from poker, why don't you hire a financial planner to make some of these decisions for you since you don't seem to have any idea of how to invest. I wouldn't throw your money around from the recommendations from a message board.

[/ QUOTE ]


well said

RYL
06-11-2005, 06:52 PM
[ QUOTE ]
If you are making 40-50K a month from poker, why don't you hire a financial planner to make some of these decisions for you since you don't seem to have any idea of how to invest. I wouldn't throw your money around from the recommendations from a message board.

[/ QUOTE ]

I concur.

player24
06-11-2005, 08:17 PM
He is not making that kind of money playing poker. Very few indivuduals do profit from poker. If he is profitting currently, he should count his blessings and readjust to a more normal life style.

Kids/children/students/whatever... Do not assume that poker is a profession. Please...

KaneKungFu123
06-12-2005, 01:10 AM
[ QUOTE ]
He is not making that kind of money playing poker. Very few indivuduals do profit from poker. If he is profitting currently, he should count his blessings and readjust to a more normal life style.

Kids/children/students/whatever... Do not assume that poker is a profession. Please...

[/ QUOTE ]

you sound jealous...

KaneKungFu123
06-12-2005, 01:17 AM
[ QUOTE ]
If you are making 40-50K a month from poker, why don't you hire a financial planner to make some of these decisions for you since you don't seem to have any idea of how to invest. I wouldn't throw your money around from the recommendations from a message board.

[/ QUOTE ]

im still paranoid about letting someone else handle my money, i think i'll just do the research myself and stick to low risk investments.

Sniper
06-13-2005, 02:42 AM
[ QUOTE ]
well. i have about 60K that i want to invest, and i plan to make 40-50K/month in the upcoming monthes before taxes from poker, and i would like to invest this money, id be very happy with a 10% annual return. I want very little risk though.

[/ QUOTE ]

If you actually can make 40-50K/Month playing poker, why would you have a low risk profile for the stock market?

Normally, someone with that kind of income comng in would not be as concerned about risk, as any losses are "covered" by current income.

As some have pointed out in this forum, whatever you do, you should be sure to diverify most of your market risk away by spreading your investments around. Kind of like Multi-tabling in poker.

[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]

You wouldnt play poker without the right tools and knowledge, so too with the stock market. Subscribe to Investors Business Daily, and read some of O'neill's books. Also think of stock selection like Table selection in poker, you are looking for the ones that are going to make you the most $.

KaneKungFu123
06-13-2005, 07:08 AM
[ QUOTE ]
[ QUOTE ]
well. i have about 60K that i want to invest, and i plan to make 40-50K/month in the upcoming monthes before taxes from poker, and i would like to invest this money, id be very happy with a 10% annual return. I want very little risk though.

[/ QUOTE ]

If you actually can make 40-50K/Month playing poker, why would you have a low risk profile for the stock market?

Normally, someone with that kind of income comng in would not be as concerned about risk, as any losses are "covered" by current income.

As some have pointed out in this forum, whatever you do, you should be sure to diverify most of your market risk away by spreading your investments around. Kind of like Multi-tabling in poker.

[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]

You wouldnt play poker without the right tools and knowledge, so too with the stock market. Subscribe to Investors Business Daily, and read some of O'neill's books. Also think of stock selection like Table selection in poker, you are looking for the ones that are going to make you the most $.

[/ QUOTE ]

i dont understand how the individual can expect to make better predictions than the machine?

imported_bingobazza
06-13-2005, 07:39 AM
buy gold bullion, you'll be alright.

Bingo

Dan Mezick
06-13-2005, 08:04 AM
If you really generate this kind of cash playing poker, focus on poker and get a good financial planner. Seriously. You can study investing when you retire ... in less than five years.

The Mang
06-13-2005, 03:29 PM
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]

Spend some time on Investopedia (http://investopedia.com), Yahoo Finance (http://finance.yahoo.com), and MSN Money (http://moneycentral.msn.com/home.asp).

With the information on these sites (as well as the ranking service provided by standard and poors) I have been able to make a consistent 30% return over the past year and a half. If you are carefull, and avoid trying to get rich quick, you can make consistent money. If you invest the time to learn, you will make money.

DesertCat
06-14-2005, 01:30 AM
[ QUOTE ]
buy gold bullion, you'll be alright.

Bingo

[/ QUOTE ]

Gold is nowhere near as good as Tulips.

They are making a big time comeback...

Alex/Mugaaz
06-14-2005, 03:58 AM
[ QUOTE ]
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]


Spend some time on Investopedia (http://investopedia.com), Yahoo Finance (http://finance.yahoo.com), and MSN Money (http://moneycentral.msn.com/home.asp).

With the information on these sites (as well as the ranking service provided by standard and poors) I have been able to make a consistent 30% return over the past year and a half. If you are carefull, and avoid trying to get rich quick, you can make consistent money. If you invest the time to learn, you will make money.

[/ QUOTE ]

18 months is a sure sign of long term gains!

imported_bingobazza
06-14-2005, 09:13 AM
[ QUOTE ]
[ QUOTE ]
buy gold bullion, you'll be alright.

Bingo

[/ QUOTE ]

Gold is nowhere near as good as Tulips.

They are making a big time comeback...

[/ QUOTE ]

Yeah, you're probably right, theres no way gold will be a good investment over the next 10 years.

/images/graemlins/tongue.gif

NoTalent
06-14-2005, 12:46 PM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]


Spend some time on Investopedia (http://investopedia.com), Yahoo Finance (http://finance.yahoo.com), and MSN Money (http://moneycentral.msn.com/home.asp).

With the information on these sites (as well as the ranking service provided by standard and poors) I have been able to make a consistent 30% return over the past year and a half. If you are carefull, and avoid trying to get rich quick, you can make consistent money. If you invest the time to learn, you will make money.

[/ QUOTE ]

18 months is a sure sign of long term gains!

[/ QUOTE ]

lmao. Look at the market over the last 18 months--it's just gone up. Any monkey with a dartboard could get 30% gains. Talk to me in 3 years and let me know how you are doing.

The Mang
06-14-2005, 01:26 PM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]


Spend some time on Investopedia (http://investopedia.com), Yahoo Finance (http://finance.yahoo.com), and MSN Money (http://moneycentral.msn.com/home.asp).

With the information on these sites (as well as the ranking service provided by standard and poors) I have been able to make a consistent 30% return over the past year and a half. If you are carefull, and avoid trying to get rich quick, you can make consistent money. If you invest the time to learn, you will make money.

[/ QUOTE ]

18 months is a sure sign of long term gains!

[/ QUOTE ]

lmao. Look at the market over the last 18 months--it's just gone up. Any monkey with a dartboard could get 30% gains. Talk to me in 3 years and let me know how you are doing.

[/ QUOTE ]

Fair enough, I have only been doing this for a year and a half. A few more years will be a much better test.

I don't know where you heard the market has been going up for the past year and a half. Since I started in Jan 2004 (exactly a year and a half ago), the NASDAQ (where most of my holdings are) has been flat:

NASDAQ 2 year chart (http://finance.yahoo.com/q/bc?s=%5EIXIC&t=2y)

Not to mention the DOW which is actually down:

DOW 2 year chart (http://finance.yahoo.com/q/bc?s=%5EDJI&t=2y)

30% returns in a flat market are actually really good. Hopefully I will be able to keep it up for the long term.

Regardless, my point hasn't changed. I have enough evidence from myself, and friends (who have been able to achieve long term profits) that with enough education common sense, and of course a little luck, you can make a lot of money investing in stocks.

adios
06-14-2005, 02:10 PM
[ QUOTE ]
and i would like to invest this money, id be very happy with a 10% annual return. I want very little risk though.

[/ QUOTE ]

What holding period do you anticipate? I would be alot of money that it's not even close to 20 or 30 years. Your best chance at getting a 10% annualized return with little risk is probably something like the S&P 500 for a 30 year holding period with dividends reinvested of course. Little risk to the stock market some might wonder? Look at 30 year holding periods would be my answer.

Sniper
06-14-2005, 05:06 PM
[ QUOTE ]
i dont understand how the individual can expect to make better predictions than the machine?

[/ QUOTE ]

All the information that is available to the large investment houses are available to individual investors thanks to the internet.

With a little research and knowledge, individual investors can be very successful. (and in many cases more successful than most mutual funds)

You don't need to find hundreds of stocks that are going to make you money, just a few.

You might find, TC2000 helpful for stock screening.

ptmusic
06-14-2005, 08:29 PM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
how do you research a stock? how do you make predictions when all your thoughts should have already been accounted for? someone has to win, someone has to lose. the little guy is the fish right?


[/ QUOTE ]


Spend some time on Investopedia (http://investopedia.com), Yahoo Finance (http://finance.yahoo.com), and MSN Money (http://moneycentral.msn.com/home.asp).

With the information on these sites (as well as the ranking service provided by standard and poors) I have been able to make a consistent 30% return over the past year and a half. If you are carefull, and avoid trying to get rich quick, you can make consistent money. If you invest the time to learn, you will make money.

[/ QUOTE ]

18 months is a sure sign of long term gains!

[/ QUOTE ]

lmao. Look at the market over the last 18 months--it's just gone up. Any monkey with a dartboard could get 30% gains. Talk to me in 3 years and let me know how you are doing.

[/ QUOTE ]

Fair enough, I have only been doing this for a year and a half. A few more years will be a much better test.

I don't know where you heard the market has been going up for the past year and a half. Since I started in Jan 2004 (exactly a year and a half ago), the NASDAQ (where most of my holdings are) has been flat:

NASDAQ 2 year chart (http://finance.yahoo.com/q/bc?s=%5EIXIC&t=2y)

Not to mention the DOW which is actually down:

DOW 2 year chart (http://finance.yahoo.com/q/bc?s=%5EDJI&t=2y)

30% returns in a flat market are actually really good. Hopefully I will be able to keep it up for the long term.

Regardless, my point hasn't changed. I have enough evidence from myself, and friends (who have been able to achieve long term profits) that with enough education common sense, and of course a little luck, you can make a lot of money investing in stocks.

[/ QUOTE ]

Yo, The Mang just clowned you.

-ptmusic

meow_meow
06-17-2005, 04:07 PM
Why do you feel the need to continually brag about how much you are making, because really, that's what this post is all about isn't it?
A bit like the post you made about taxes: "Damn, I'm going to have to pay 100 thousand in taxes this year"...

http://forumserver.twoplustwo.com/showthreaded.php?Cat=&Number=2640326&page=&view=&s b=5&o=

ewile
06-18-2005, 01:04 AM
I think that Investors Business Daily is a good thing.

NoTalent
06-20-2005, 01:53 PM
The Mang--

I didn't mean to insult your investing, my apologies. But I'm sure you know that the Dow and nasdaq graphs show a small portion of the market. It totally depends on what sector(s) you had invested in (the companies you bought I'm sure weren't all top blue chip companies that the Dow index will reflect).

Here are a few that have done great in the last 1.5 years:
http://finance.yahoo.com/q/bc?s=%5ERUA&t=2y
http://finance.yahoo.com/q/bc?s=%5EIXUT&t=2y
http://finance.yahoo.com/q/bc?s=%5EIXFN&t=2y
http://finance.yahoo.com/q/bc?s=%5EDWC&t=2y

Good luck to you on your investing.