i wanted to invest some money into some stocks but i wanted to know has anyone ever made allot of money by doing so could you please share your stories?
2007-10-27 12:35:13 · 9 answers · asked by Anonymous in Business & Finance ➔ Investing
I haven't made a lot, but I have made some. Risk relates directly to gain/loss. Similar to gambling, the greater the risk then the more you might lose or gain. I don't take high risk so I don't make money fast. In contrast, I do make more than I lose because I am more aware of what is growing.
2007-10-27 12:49:46 · answer #1 · answered by Jack 7 · 0⤊ 0⤋
I got started with individual stocks by investing small amounts in Microsoft, starting in 1989. I would buy about 1 year before MS would release a new operating system, & sell it on the day they released it. I did this a couple times & made some good money. (If I had only bought alot in 1989 & let it ride, I would have made much more money.)
As the tech boom accelerated in the 1990's I ended up with alot of money invested in Microsoft and Intel. I sold it all in late 1998. I made a ton of money, but would have made more if I had waited 1 more year. But what the heck! I was happy with my choice then & still happy now.
Then I started buying back Microsoft in mid 2000, after it had dropped in price alot. I bought too soon, as it continued to drop. I bought more as it dropped. Buy prices: $35.3, $28.6, and $22.5. Yesterday MSFT crossed above $35 a share. It took seven years, but I got my money back on my worst purchase, plus the other pieces I bought at cheaper prices now have big gains.
I've invested in many other stocks over the last 2 years & have made moderately more than I have lost.
I have learned two lessons. In an incredibly strong bull market like the late 1990's you can practically throw a dart at a list of tech and internet stocks & make alot of money, IF ... you sell before the collapse. Otherwise, you do need to know what you are doing.
How do you learn? I'd start by reading books on value investing, including those by or about Ben Graham and Warren Buffett. Also read some Peter Lynch.
Then if you are still interested, try reading books by the momentum investors like William O'Neill & Jim Cramer and the material in the "Investor's Business Daily" newspaper. I don't really advocate this stuff but these guys can make a ton of money. I believe about 50% of the market operates according to these types of rules, so you should know how these folks think.
2007-10-27 14:18:46 · answer #2 · answered by Tom H 4 · 1⤊ 0⤋
The best way to invest in stocks and make more money than any other investment is to invest in mutual funds. If you are looking to make 'a lot of money'- guess what? That's right you will not make any. The stock market is not a gambling casino. Investing in stocks should be investing thought of as investing our economy. Systematically (monthly) add money to a mutual fund account and you will prosper. Visit my site www.themutualfundhelper.com and I will help you get started.
2007-10-27 14:55:28 · answer #3 · answered by Richard Jackel 3 · 0⤊ 0⤋
I have made some money with stocks but I have lost a lot more than I have made. In order to make money with individual stocks you have to know much more than the average person can know. Your best bet for investment is to find a good index fund or two and stay with them. In this way, you will make money over the long term. Also, ETFs are a good way to go now. Vanguard and iShares have many good ETFs.
2007-10-27 12:43:40 · answer #4 · answered by whitejd43 2 · 1⤊ 1⤋
Money can be made through stocks and their derivatives (more risky, potentially higher returns).
If you cannot afford the time to educate yourself in stock valuation though better go where smarter money goes - statistics of daily transactions can be easily found.
If you cannot afford this effort, stick to ETFs, where risk and gain are at relatively moderate levels.
Personal experience remarks: do's - do learn (a definite must), do invest, be calm, be patient; dont's: be cocky.
2007-10-27 13:31:44 · answer #5 · answered by nikolaus 1 · 0⤊ 0⤋
Don't worry about price per share. 100 shares of a $5 stock or 10 shares of a $50 stock is still $500 and if they go up 10% then you've made $50 profit on either. "Cheap" should be considered relative to potential. Paying $50 for a stock is cheap if it's a growing company on it's way to $90. Paying $5 for a stock is expensive if it's on it's wat to $1.
2016-04-10 22:05:01 · answer #6 · answered by ? 4 · 0⤊ 0⤋
I am 15 years old and I have been stock trading for over two years but have only recently begun trading actively at the begining of October. Since the 8th I have made over $2,500 on just an intial capital of $3,200 thats 70%! My strategy is to select the hottest IPO's and ride their hype. If a 15 year old can make it big, anyone can!
2007-10-27 14:28:04 · answer #7 · answered by gumballguy63 1 · 0⤊ 0⤋
A few months ago I bought call options on EMC at $55 a contract. Three months later each contract went to $330. I sold at $310.
I made money in Game Stop and Intuitive Surgical
2007-10-27 14:53:20 · answer #8 · answered by Anonymous · 1⤊ 0⤋
To get started in stocks, you will need a few things:
-a few spare hours a week to read the business news
-a willingness to learn as much a you can about the stock market and the different types of transactions
-about $10k for starters
If you lack any of these things, you would be better off with a mutual fund/index fund.
2007-10-27 12:49:08 · answer #9 · answered by Michaelsgdec 5 · 2⤊ 1⤋