# Investors .. (stocks) ????

**URL:** <https://forums.speedlife.net/t/investors-stocks/63992>\
**Category:** NYSpeed Off Topic\
**Created:** [March 5, 2009, 7:05am UTC](https://forums.speedlife.net/t/investors-stocks/63992 "2009-03-05T07:05:30Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![BDR5oh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bdr5oh/32/7315_2.png) [@BDR5oh](https://forums.speedlife.net/u/BDR5oh)\
**Post date:** [March 5, 2009, 7:05am UTC](https://forums.speedlife.net/t/investors-stocks/63992/1 "2009-03-05T07:05:30Z")

</div>

who here has stocks … I want to buy some asap

Etrade and ameritrade you need like 2g startup … im looking to start off with like $400

Help me people

---

<div class="post-metadata">

**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [March 5, 2009, 7:07am UTC](https://forums.speedlife.net/t/investors-stocks/63992/2 "2009-03-05T07:07:40Z")

</div>

Scottrade. $500.

---

<div class="post-metadata">

**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [March 5, 2009, 7:09am UTC](https://forums.speedlife.net/t/investors-stocks/63992/3 "2009-03-05T07:09:56Z")

</div>

^ what he said. They have a location in williamsville, just bring a checkbook and ID.

or give me the $400, I will put it in my account and then you can cry when you never see the money again.

---

<div class="post-metadata">

**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\
**Post date:** [March 5, 2009, 7:15am UTC](https://forums.speedlife.net/t/investors-stocks/63992/4 "2009-03-05T07:15:49Z")

</div>

Are you just going to buy some and let it sit there for a while, because if you are looking to start trading with $400 the fees are going to kill you

---

<div class="post-metadata">

**Author:** ![misteroman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/misteroman/32/7423_2.png) [@misteroman](https://forums.speedlife.net/u/misteroman)\
**Post date:** [March 5, 2009, 7:16am UTC](https://forums.speedlife.net/t/investors-stocks/63992/5 "2009-03-05T07:16:29Z")

</div>

come on man you know better then this.Keep flipping cars and make waaaaaaay more % then the stock market

---

<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [March 5, 2009, 7:33am UTC](https://forums.speedlife.net/t/investors-stocks/63992/6 "2009-03-05T07:33:53Z")

</div>

Ya a lot of sites have accounts you can open online for less than 1,000 bucks but you are going to pay double for fees.

---

<div class="post-metadata">

**Author:** ![BDR5oh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bdr5oh/32/7315_2.png) [@BDR5oh](https://forums.speedlife.net/u/BDR5oh)\
**Post date:** [March 5, 2009, 7:35am UTC](https://forums.speedlife.net/t/investors-stocks/63992/7 "2009-03-05T07:35:31Z")

</div>

I signed up at scottrade … im just gonna buy a couple of hundred shares and let them marinade for a while

---

<div class="post-metadata">

**Author:** ![Avatar](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/avatar/32/5076_2.png) [@Avatar](https://forums.speedlife.net/u/Avatar)\
**Post date:** [March 5, 2009, 7:35am UTC](https://forums.speedlife.net/t/investors-stocks/63992/8 "2009-03-05T07:35:39Z")

</div>

You may as well take that $400 and light it on fire. I wouldn’t recommend investing in the market right now.

---

<div class="post-metadata">

**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [March 5, 2009, 7:37am UTC](https://forums.speedlife.net/t/investors-stocks/63992/9 "2009-03-05T07:37:39Z")

</div>

What stocks are you looking at? How are you deciding what to buy?

---

<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [March 5, 2009, 7:39am UTC](https://forums.speedlife.net/t/investors-stocks/63992/10 "2009-03-05T07:39:59Z")

</div>

> [@TradersBASE](#):
>
> What stocks are you looking at? How are you deciding what to buy?

Stock symbols and a dart board.

---

<div class="post-metadata">

**Author:** ![BDR5oh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bdr5oh/32/7315_2.png) [@BDR5oh](https://forums.speedlife.net/u/BDR5oh)\
**Post date:** [March 5, 2009, 7:42am UTC](https://forums.speedlife.net/t/investors-stocks/63992/11 "2009-03-05T07:42:09Z")

</div>

> [@boxxa](#):
>
> Stock symbols and a dart board.

Pretty much

---

<div class="post-metadata">

**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [March 5, 2009, 7:46am UTC](https://forums.speedlife.net/t/investors-stocks/63992/12 "2009-03-05T07:46:37Z")

</div>

> [@Avatar](#):
>
> You may as well take that $400 and light it on fire. I wouldn’t recommend investing in the market right now.

You prefer to buy high and sell low? :picard:

---

<div class="post-metadata">

**Author:** ![Avatar](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/avatar/32/5076_2.png) [@Avatar](https://forums.speedlife.net/u/Avatar)\
**Post date:** [March 5, 2009, 7:50am UTC](https://forums.speedlife.net/t/investors-stocks/63992/13 "2009-03-05T07:50:01Z")

</div>

> [@Fry](#):
>
> You prefer to buy high and sell low? :picard:

I prefer to not buy low and watch it go lower only to have to buy in again to hedge my losses. :picard:

---

<div class="post-metadata">

**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [March 5, 2009, 7:55am UTC](https://forums.speedlife.net/t/investors-stocks/63992/14 "2009-03-05T07:55:10Z")

</div>

> [@boxxa](#):
>
> Stock symbols and a dart board.

> [@BDR5oh](#):
>
> Pretty much

That seems to be how many do it. Honestly the market is at levels where this strategy could even pay off.

---

<div class="post-metadata">

**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [March 5, 2009, 7:59am UTC](https://forums.speedlife.net/t/investors-stocks/63992/15 "2009-03-05T07:59:06Z")

</div>

> [@Avatar](#):
>
> I prefer to not buy low and watch it go lower only to have to buy in again to hedge my losses. :picard:

Good luck picking a bottom with perfect timing.  
Most long term investors scale in over time to benefit from cost averaging.  
Don’t get me wrong…I’ve told friends to wait on things and they didn’t listen. They are sitting on big red holdings like GE for example. Long term they are likely to do ok but even when scaling timing does count. Keep some powder dry and scale in slow.

---

<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [March 5, 2009, 8:02am UTC](https://forums.speedlife.net/t/investors-stocks/63992/16 "2009-03-05T08:02:47Z")

</div>

When stocks have dropped as much as they have, over the next 10 years, most stocks will double their value or more.

Hard to pass up GE at $6/share if you have some money to put away for a while.

---

<div class="post-metadata">

**Author:** ![1slowMini](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/1slowmini/32/5102_2.png) [@1slowMini](https://forums.speedlife.net/u/1slowMini)\
**Post date:** [March 5, 2009, 8:02am UTC](https://forums.speedlife.net/t/investors-stocks/63992/17 "2009-03-05T08:02:59Z")

</div>

scottrade is the way to go! As far as stocks, start doing re search, read a lot, watch the news be up to date with everything that is going all the time. I used to do a decent amount of day trading, but its a lot of work and very nerve wrecking. Theres def some long term investments out there though.

---

<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [March 5, 2009, 8:04am UTC](https://forums.speedlife.net/t/investors-stocks/63992/18 "2009-03-05T08:04:18Z")

</div>

I think Schwab has a account that is a checking account that has checks and everything but you can also invest with your balance too.

---

<div class="post-metadata">

**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\
**Post date:** [March 5, 2009, 8:09am UTC](https://forums.speedlife.net/t/investors-stocks/63992/19 "2009-03-05T08:09:04Z")

</div>

> [@Avatar](#):
>
> I prefer to not buy low and watch it go lower only to have to buy in again to hedge my losses. :picard:

$ cost averaging… through 100 in each week… wait it out… profittttt

---

<div class="post-metadata">

**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\
**Post date:** [March 5, 2009, 8:09am UTC](https://forums.speedlife.net/t/investors-stocks/63992/20 "2009-03-05T08:09:52Z")

</div>

[http://www.streetauthority.com/terms/d/dollarcost.asp](http://www.streetauthority.com/terms/d/dollarcost.asp)

[Next page](https://forums.speedlife.net/t/investors-stocks/63992.md?page=2)
