Any stockbrokers here?

Discussion in 'General Chat' started by DeafCaroline, Nov 20, 2011.

  1. DeafCaroline

    DeafCaroline New Member

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    I am looking into investments and would like to educate myself on the basics of understanding the stock market and investing strategies. Hoping for recommendations on books. There are way too many out there, need help figuring out which books are absolute must-haves.
     
  2. Beowulf

    Beowulf Well-Known Member Premium Member

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    Does that include commodities trading?
     
  3. DeafCaroline

    DeafCaroline New Member

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    Yep! the whole she-bang.
     
  4. Beowulf

    Beowulf Well-Known Member Premium Member

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  5. naisho

    naisho Forum Disorders M.D.,Ph.D

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    I don't do the risk of full time stock trading. My mother used to juggle with the dot-com boom back when she was working in the IT industry 20 years ago, got into the stocks and has passed the fate of her stocks to me as I got older.

    I have been paying attention only to those industries that I understand. I don't like investing in what I do not know about, it's a complete gamble. I prefer to stick with the industries I know are going to improve or release ideas or products that will help them gain revenue. This is mainly IT and technical related.

    Sorry that I can't be much of a serious help as I'm not a full time trader.
     
  6. Beowulf

    Beowulf Well-Known Member Premium Member

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    I don't spend more than twenty minutes a day on my stocks.
     
  7. DeafCaroline

    DeafCaroline New Member

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    I don't intend to spend more than 30 minutes a day on my investments either. Just want to buy and hold but need to educate myself first. :)

    Thanks for that book recommendation! There's another book that Warren Buffet recommended which was "The Intelligent Investor" - you've read it?
     
  8. naisho

    naisho Forum Disorders M.D.,Ph.D

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    Same here, mostly just the closing prices.

    I like to read press releases and upcoming products in the long run. With the deal that android is in, I have some shares in their processor manufacturer.

    With the direction the smartphone world is heading, there will be releases that further improve the hardware and performance of android phones. It will only be a step in the positive direction.
     
  9. Beowulf

    Beowulf Well-Known Member Premium Member

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    I haven't read but may check it out, thanks.
    I mostly do foreign currencies by going long or short on them. Right now my favorite is the Swiss franc.
     
  10. Beowulf

    Beowulf Well-Known Member Premium Member

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    Cool. There are so many different opportunities in commodities trading and it doesn't cost an arm and a leg.
     
  11. naisho

    naisho Forum Disorders M.D.,Ph.D

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    Aye, I been meaning to ask someone into commodities, don't know anyone in it. What ever happened to the Canadian dollar?
    I hadn't kept a close watch on it, but I remember a couple of years ago I was amazed when I saw the Canadian dollar being a 0.9:1 value to the US dollar. I thought it was a good investment opportunity for anyone into it.
    I was up in Vancouver a little over a month ago and noticed the value's been back down, like 1.2:1 now.

    How do these markets shift? What causes the whole change in currencies?
     
  12. Beowulf

    Beowulf Well-Known Member Premium Member

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    If I knew the answer to that, I'd be a billionaire. :lol:
     
  13. naisho

    naisho Forum Disorders M.D.,Ph.D

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    :lol: fair enough. Next thing you know it, you're gonna be in the 1% and a target of the debates here. ;)
     
  14. DeafCaroline

    DeafCaroline New Member

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  15. naisho

    naisho Forum Disorders M.D.,Ph.D

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    What an interesting read. Thanks for sharing it!
    Sounds like there's more to it than meets the eye. And uncontrollable factors too.
    Obama must be getting popular despite some of our member's continual remarks about him. :lol:
     
  16. naisho

    naisho Forum Disorders M.D.,Ph.D

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    Wow... talk about totally unprecedented:
     
  17. Jiro

    Jiro If You Know What I Mean Premium Member

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    lol oye... that's what I asked my brother long time ago and he said - "forget it. my advice to you? don't do it"

    meaning - don't do stocks if you don't know what you're doing because reading a few books aren't going to help otherwise everybody would be rich and ever since online trading sites came into existence, stock market has become even more volatile.

    and also my father's friend would say same - "don't do it". it nearly destroyed him.

    when you hear in news such as "Steve Jobs is dying". The stock will obviously go down but here's a problem. What you hear is most likely already outdated by a few hours or so. it's maddening.
     
  18. DeafCaroline

    DeafCaroline New Member

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    Everything we do has some risk attached to it. I'm going to do it anyway. :)
     
  19. Jiro

    Jiro If You Know What I Mean Premium Member

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    :lol:

    the risk attached to it is greater than casino's but I'll say good luck! don't forget to buy Jiro's Sunglasses for +10 luck boost!
     
  20. sallylou

    sallylou Potterhead and Janeite Premium Member

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    You can't be in the 1% without capital gains. :P
     

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