rookie investing

[Denny]

Hookers and blow yields a better return

I hope you don't work for one of my children one day.

[JasonRR]

I'm gonna keep an eye on things for a while and see if things don't calm down a little before I buy...but I think I'm going to take a shot with the Apple stock. Might buy a little bit of Dunkin Donuts too. I've watched them explode throughout the East Coast, and now they're migrating West. I think there's a good market for people who want coffee, but don't want McDonalds or Starbucks. DD is a good mid-tier option, and their coffee really is pretty good.

[slow99]

I've got some money that I've built up in savings that I was going to play around with, and I was just going to go buy about $10k worth of Apple stock.

I know next to nothing about the market (only what I was taught in my Economics courses 15yrs+ yrs ago), but I figured with the Ipad 3 coming out, I wouldn't imagine losing money.

Seem like a safe bet? Or should I just go blow it on (more) hookers and coke?

Sounds like a great plan...as long as no other Apple investors have thought about the Ipad 3 release.

We project revenues and earnings out for companies like Apple for typically the next 8 quarters. You can research on yahoo or google finance and find out what estimates are (and impute growth rates). If you think revenues and earnings can grow more than these imputed growth rates, then you're starting to form the very basis of an investment thesis. Again, this is very dumbed-down and basic, but it's a good way to begin thinking about things.

[Cooter]

if you've got $10k to invest and don't know a fucking thing about investing, don't invest IMO...

you're into bikes and such, right? why not go for what you know and set that money aside to make wise purchases in something you're familiar with?

[Captain Crawfish]

I've got some money that I've built up in savings that I was going to play around with, and I was just going to go buy about $10k worth of Apple stock.

I know next to nothing about the market (only what I was taught in my Economics courses 15yrs+ yrs ago), but I figured with the Ipad 3 coming out, I wouldn't imagine losing money.

Seem like a safe bet? Or should I just go blow it on (more) hookers and coke?

at 450+ a share you can have it! you can buy some DEXO for 1.73 a share its ready to come up higher IMO. I would never personally buy any of it just saying.

[JasonRR]

Yeah, fuck it. Hookers and coke it is. I'll let you guys have your thread back.

[slow99]

Yeah, fuck it. Hookers and coke it is. I'll let you guys have your thread back.

Everyone has to start somewhere. If you want to learn, try mock (paper) trading for a while before dumping $10k into something you don't understand.

[347Mike]

X2 ^

Why not try flipping bikes? I've sold 4-5 and have averaged 25% roi on them. The longest I've had a bike was probably just under a month.

The market can get away from you quick though. I've made stupid mistakes and have learned over the years. Luckily though when I made those stupid decisions I was gambling with a few hundred. Now I am using considerably more and investing smarter. it has treated me alright over the past 12 months.

[JasonRR]

I've definitely thought about it, but I'm not home enough to have time to meet people and try to flip things. Plus, I hate haggling with CL broke asses...and I hate cleaning/detailing, and usually that's a big part of where you make your money.

I don't see how I could go wrong with Apple though. I'm not trying to make a million bucks (although it'd be nice)...just trying to get more than what I'm making in savings/CD's.

I'm going to buy some Dunkin Donuts regardless though. It's cheap, and I think it'll be good for the long-run. It'll be kinda fun to watch it too and see how it goes. Kinda like gambling, but not playing a game where you know the odds are already in the house's favor.

[Shorty]

I don't see how I could go wrong with Apple though.

Read what Jodi wrote again. A company performing well doesn't mean the share price will go up. The share price might already be based on the anticipation they are going to do well.

[JasonRR]

That does make sense.

[347Mike]

Fwiw I offer a price on te phone, meet for 10 min and drive off. The bikes I buy are as close to mint as possible no detailing involved. It takes some cl searching but i only had one issue where a guy bs'd me on the condition of bike and wasted my time.

I've definitely thought about it, but I'm not home enough to have time to meet people and try to flip things. Plus, I hate haggling with CL broke asses...and I hate cleaning/detailing, and usually that's a big part of where you make your money.

I don't see how I could go wrong with Apple though. I'm not trying to make a million bucks (although it'd be nice)...just trying to get more than what I'm making in savings/CD's.

I'm going to buy some Dunkin Donuts regardless though. It's cheap, and I think it'll be good for the long-run. It'll be kinda fun to watch it too and see how it goes. Kinda like gambling, but not playing a game where you know the odds are already in the house's favor.

[Taylor]

Read what Jodi wrote again. A company performing well doesn't mean the share price will go up. The share price might already be based on the anticipation they are going to do well.

Apple's last earnings release sure didn't boost its share price.

[slow99]

Apple's last earnings release sure didn't boost its share price.

You really don't understand that? Performing well doesn't mean the share price goes up. Look at Amazon if you want to speak anecdotally, Benjamin Graham.

[Slowhand]

You really don't understand that? Performing well doesn't mean the share price goes up. Look at Amazon if you want to speak anecdotally, Benjamin Graham.

lol