Street make any money at all? Isn't it all just gambling when it comes down to it? What kind of scams are out there that people fall for in the stock market?
2007-06-26 07:31:17 · 7 answers · asked by tatereatinmic 3 in Business & Finance ➔ Investing
It is only gambling if you do not educate yourself on investing in the stock market.
If you educate yourself, you will still pick some losers, but you will make money overall. There are MANY stock picking strategies that work. There are many indicators of which direction a stock will go. The big institutional investors move the price more but because of that cannot capitalize on those moves as much (percentage wise).
I recommend to invest for the long term. I like 'great' companies whose price is down for specific reasons in the short term. Others like 'momentum.' I.e. the share price has and they believe will continue to increase significantly because of growth.
Here's an example: (DHI) DR Horton homes is a great homebuilder company with a price near it's book value. It's price is based on the fact that the housing market looks dismal. It's price will continue to trade at a low price until that changes. It pays a dividend, in other words it pays to hold the stock. When the housing market recovers, so will the price of this stock. In the meantime, I can buy more at a very cheap price but won't be able to take any significant short term profits.
Now for the caveat: Do NOT go out and buy this stock because I recommended it. Do your OWN RESEARCH before you buy ANY stock.
More importantly: EDUCATE yourself. A couple of classic books that still pertain to making money in stocks are Graham's: "Security Analysis" and Fisher's "Common Stocks, Uncommon Profits"
2007-06-26 08:09:32 · answer #1 · answered by John T 6 · 1⤊ 0⤋
1
2016-12-23 20:21:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I have my doubts about how big it's going to be. It's going to be a shorter tournament compared to IPL. And involves teams from around the cricketing world. Will those teams get as much support like the home teams? The English, South African and Australian teams may get some support. The prize money involved is huge. No denying that fact. There are no teams from Pakistan for political reasons. Pakistan government will not allow any team to tour India. After being stripped of the WC host status, PCB will not be interested either. Even if both of those entities agree, govt. of India will have the final say. Not a good development. Not only T20 becoming a threat to Test cricket, it's also a trend by which club cricket will take over international cricket. And ECB is due to start P20, a second T20 league, which is similar to IPL. It's overkill.
2016-05-21 01:25:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. Wall street makes money on the big spenders, not the nickle & dimers! Sure the small fry helps where he can with the volume of small traders that contribute the trading fees. But you must keep in mind that Wall Street doesnt make money because you loose it (you are thinking only on gambling). If you hold stock in ABC company & it goes down, everyone that holds it looses, including the big brokers.
Its not craps where some one has to loose in order for someone to win. They want the stocks to go up as much as you do. Sounds like you just need someone to help you out on your investing journey. try mutual funds first, they can be much less volatile than individual stocks.
2007-06-26 07:44:34 · answer #4 · answered by ricks 5 · 1⤊ 0⤋
Stock trading is a zero-sum game (after commissions). If you loose a dollar, that means someone else made a dollar. The way to make money is be smarter than the guy on the other side of the trade. If it sounds easy and there is no work required, it's probably a rip off. Read.
2007-06-26 08:45:46 · answer #5 · answered by Ted 7 · 1⤊ 0⤋
No it isn't gambling unless you do not know what you are doing. However, if you are following other people's recommendations then you are copying. Copying has the penalty that the big money has already invested itself and a copiest does not know when to stop and own something else.
Big guys make money because the people doing the copying don't know what price is too high and when to quit.
2007-06-26 07:43:06 · answer #6 · answered by OPM 7 · 1⤊ 0⤋
No.
There are many other ways in which the big guys on Wall Street fleece suckers.
As Jesse Livermore put it: if there is any easy money lying around, nobody is going to stuff it into my pocket.
You will go a long way if you assume that the ONLY reason a Wall Street guy ever opens his mouth for is to benefit HIM, not you.
2007-06-26 15:24:49 · answer #7 · answered by Anonymous · 1⤊ 0⤋