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Old 05-04-2007, 01:09 AM   #1
Sberk06
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stock market.

i've been thinking recently, and im kind of interested in getting to know more about the stock market. although there can be alot to loose, you can also make a decent amount if you know what your doing.. does anyone know were i can get good information, or possibly a simulation game?
thanks
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Old 05-04-2007, 07:46 AM   #2
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you can use MSN money and buy and sell mock stocks and see what gains/losses you "could" have. I did that for well over a year before investing.
But it also depends on what sort gains you're looking for, long term or short term. Just do lots of research and see what the trends are.
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Old 05-04-2007, 07:52 AM   #3
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yeah but be careful you never know with the economy now, my family was doing really good, earnd thousands then my grandfather lost 10,000 and everyone got scared and stopped trading but i still have stocks in exxon just sitting there i havnt kept up on it lately but i have a feeling its not doing so good lol
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Old 05-04-2007, 08:00 AM   #4
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hey damn its actually up alot
http://moneycentral.msn.com/investor...xom&CP=0&PT=10
ive had it for well over 10 years and its been doing nothing but climbing !


anyone wanna help me find out if i have $1000 worth of exxon stock what is it worth now? saying ive had it for 10 years.
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Old 05-04-2007, 09:38 AM   #5
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i took a investment class in high school, we used a game called simustock.com its free and pretty fun. I think you can join other compititions.
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Old 05-04-2007, 09:41 AM   #6
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Originally Posted by italianblaze View Post
hey damn its actually up alot
http://moneycentral.msn.com/investor...xom&CP=0&PT=10
ive had it for well over 10 years and its been doing nothing but climbing !


anyone wanna help me find out if i have $1000 worth of exxon stock what is it worth now? saying ive had it for 10 years.
Yea mean how much money you have now after investing 10 years ago? What was the original price you bought it for?
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Old 05-04-2007, 09:41 AM   #7
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Originally Posted by italianblaze View Post
hey damn its actually up alot
http://moneycentral.msn.com/investor...xom&CP=0&PT=10
ive had it for well over 10 years and its been doing nothing but climbing !


anyone wanna help me find out if i have $1000 worth of exxon stock what is it worth now? saying ive had it for 10 years.
10 years ago today it was trading at roughly $29. In sept 01 it split 2-1 so if you had around 34 shares you then would have 68. I remember reading something about another 2-1 split in may of this year so you would then have 138 if it went through. So you either have 68 or 138 shares at roughly $80, I'd say you made out pretty damn well.

http://quicktake.morningstar.com/sto...cktab=snapshot
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Old 05-04-2007, 09:45 AM   #8
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aAHHHHH YEssss
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Old 05-04-2007, 09:49 AM   #9
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Here are a few old threads on the subject...

http://www.tristatetuners.com/forum/...ad.php?t=20532

http://www.tristatetuners.com/forum/...ad.php?t=20532
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Old 05-04-2007, 08:51 PM   #10
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Open a Schwab account online. There is a wealth of information on there include research and analyst opinions. I use this for all of my trading. Do not buy anything unless you've research the company to some degree and have researched it trends to know when the stock is low. Its not difficult.

Pick up the wallstreet journal, ready a couple money type magazines.
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Old 05-04-2007, 08:54 PM   #11
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stocks are jumpy, thats how i describe them.

I made 200% increase one day and lost 50% the next. Gota be quick and smart if you want to be a day trader. IF your goal is long term investing than its a different story.
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Old 05-04-2007, 10:34 PM   #12
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Originally Posted by Sberk06 View Post
although there can be alot to loose,
there is also a lot to lose.

do you have an ING savings account? if not, i would start there, then work your way up. have you looked at mutual funds? money market accounts? i suggest you read this first http://money.cnn.com/magazines/money...101/index.html

another good site is www.bankrate.com

check out this link for info on mutual funds, most are $1000 minimums.
http://home.ingdirect.com/products/p...p?s=MFOverview

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Old 05-04-2007, 10:57 PM   #13
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Why don't you just pick a stock and watch it and just think if you put 1000 dollars in how much would you have gained or lost within x amount of time. I have sirius stock and I regret not selling it last christmas but I will never be down to were I bought it so it will be ok, just how much I gain.
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Old 05-05-2007, 02:56 AM   #14
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Stock market is doing amazing right now. But, now the only place for it to go is down.
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Old 05-05-2007, 07:50 AM   #15
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A lot of beginners play with penny stock.
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