Stock Market?
 

First off, I'm quite the amateur at the stock market, my knowledge on how the entire system works is very limited. I am going through the process now of educating myself for a future that will most likely have a decent portfolio, as well as some decent stock options to help build some wealth.

I was wondering if anyone on here has had success or atlest even experience with the stock market, and anything tips they could point to a beginner?


--Also, any websites that are simplified to trade and do business on would be swell!

I plan to, by 2015, have invested roughly 10,000 into the market. That is, if my job compensation will continue to rise by a good amount, and in a few years when I am starting my new career. Are these realistic expectations?

I do feel like I have somewhat good intuition and common sense, so being able to pick it up shouldn't be too difficult.

http://www.cnbc.com/id/15838459

Also myself including my family are in a club that deals with the purchasing and selling of stock. It is a family club, but I am sure there are many others out there.

Sorry, but Cramer is a fucking tool. I will never take advice from him, he is an absolute joke. He doesn't even deserve his own television show.

It's retarded to point the finger at him. He is there to advise people in the stocks you should buy/sell. If he wasn't doing it then some broker would be telling you what to do and if you felt like flying solo you would be kicking your own ass. All that happened is the stockmarket. Don't expect to never lose and reap the benefits. Sometimes you get burned and he just happened to get burned.

I agree with your point. I'm just upset that he tried to cover it so adamately and still doesn't really even admit that he was wrong, when it was very very very clearly pointed out to him. I guess he can't, being that his TV show could probably have been cancelled. Jon Stewart has been known to demoralize loud morons that try to express their wrong poitns by elevating their volume.

Yea, I guess it could have been canceled but, I mean how retarded do you have to be to do what some guy yelling on the tele tells you to do. /shrug

I don't know too much about it all, but if I were to invest I'd jump straight into Technology. The world is moving that way as it is, so why not capitalise? It's my personal thoughts that the recession is going to get rid of the old fashioned businesses, and those that aren't successful, and leave the way clear for new technology based businesses.

If you gave me $10,000 then I'd put some into Google, Apple and Microsoft whilst they're low (the three giants are never going to fold, and why bother investing when the stocks are $600 a pop? They'll rise again after the recession, so get them whilst they're in the half price sale - it's a sure investment, even if it won't get you money fast):

- Google stocks are at 390, they'll rise, because Google is Google.
- Microsoft stocks are currently at about 20. It's a no-brainer that they'll jump when Windows 7 hits RTM (after the failure of Vista, everyone is praising Windows 7, and so many businesses are planning to upgrade from XP straight to 7 within the next 18 months)
- Apple stocks are on a steady rise at the moment, and are around 125. Everytime Steve Jobs as much as sneezes, Apple shares will rise... bad analogy, actually, as they dropped in value when it became known he was ill. Everytime he makes an announcement is more truthful, but less impressive.

Cloud Computing is the next big thing in Computing, so show some companies a little love, and they may do the same to you. You'll need to hit lucky with choices, though, as so many companies looking to break into the cloud will fail. Get a good one, and you're laughing.

For a quick buck, invest in some companies like Twitter - internet trends that are exploding with growth. The big corporations will notice them, and stocks will probably jump in price when the buyout comes. Microsoft offered Yahoo an extra couple of dollars on top of the stock prices when the talks were on. It's not much, but enough stocks means you're that little bit richer.

---

Just my thoughts. I'll admit it now that I don't know a thing about the stock markets, so there's an incredibly huge chance that if you invested your $10,000 in my suggestions, you'd lose it within a week. :p Still, I reckon that technology is the place to be in the stocks these days. When the recession is over, things are going to explode! Take note of what Obama plans, too - I heard he unveiled plans for new railways the other day. If a big construction company gets a contract to lay 1,000 miles of track for high-speed trains, then their stocks will go up... right?