Thread: Beginning investing

Results 1 to 2 of 2
  1. #1 Beginning investing 
    SE Level Member
    Join Date
    Sep 2014
    Location
    Puyallup, WA
    Posts
    43
    Thanks (Received)
    0
    Likes (Received)
    0
    Dislikes (Received)
    0
    Anyone on here dabble much in the stock market? I just dropped the biggest amount I've ever spent on anything in stocks, and I am a first time investor. Seeing what works for you guys, what your buying for cheap with decent returns/dividends etc.

    Might help others as well, as we're all trying to get rich while having money to mod!
    Reply With Quote  
     

  2. #2 Re: Beginning investing 
    GTX Level Member Elite6's Avatar
    Join Date
    Sep 2010
    Location
    Cambridge, Ontario Canada
    Posts
    798
    Thanks (Received)
    0
    Likes (Received)
    0
    Dislikes (Received)
    0
    I would offer the following advice having current investments & doing day trading while I went through university:

    Start early
    Take 80% of your invested money & put into low risk reasonable return (say 5%)
    Take the other 20% & go higher risk investments (depending on your age)

    Making lots of money for retirement takes either big returns or a long time. You may have the time but may not be able to achieve the return. So keep the lions share of your invested money in lower risk imo.
    2005 E55 - stock
    1999 GTP 2dr - 9" HAI | Headers | 1.84's | 3.4 | Ported SC|
    Reply With Quote  
     

Similar Threads

  1. beginning turbo setup
    By ThePhoenix98 in forum Turbo
    Replies: 19
    Last Post: 01-16-2014, 12:39 AM
  2. The beginning of something special, 2000 GTP
    By JmRoss in forum Members Rides
    Replies: 19
    Last Post: 03-21-2013, 11:24 AM
  3. Isn't that a GP in the beginning of this video?
    By Sudden in forum General Grand Prix Discussion
    Replies: 1
    Last Post: 04-23-2012, 10:27 AM
  4. Investing properly
    By MrPoopyButthole in forum Off Topic Discussion
    Replies: 13
    Last Post: 08-11-2011, 03:52 PM
  5. Beginning of the New Firebird and Trans Am
    By LowRidinCrew in forum Off Topic Discussion
    Replies: 23
    Last Post: 11-06-2010, 06:32 PM
Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •