Investment Strategy
Rapier7
Join Date: 2004-02-05 Member: 26108Members
Join Date: 2004-02-05 Member: 26108Members
in Discussions
<div class="IPBDescription">Just starting out</div>Okay, now that I've got a decent paying summer job (40 hours a week at 13 an hour, 480 a week, basically) my bank account is feeling rather full. And I'm trying to invest early on to get my feet wet.
I've been looking at exchange traded funds and so far I want to develop a medium risk portfolio.
I plan on putting the majority of my investment money into spiders, qubes, and diamonds (tracking the S&P 500, NASDAQ 100, and the DJIA) as a form of low risk, stable growth platform. For relative performance, the S&P500 has grown at an annual rate of 15% since its inception and 12% per annum in the past 10 years (including the 2000-2003 economic downturn).
The rest I plan on putting into semi-volatile commodities such as oil and gold when the timing is right (this is where I'm trying to beat the market or at least go along with it if the returns are higher than the American indices) or into emerging markets such as Brazil, Mexico, China, etc.
I know it's retarded asking for financial advice on an internet forum, but I'm sure there's at least 1 or 2 of you guys here trying your hand at the market. So come on, advice and crits and give your experiences trying to become a Wall Street manipulator. It's not like I'm actually going to take you guys seriously.
Plus this forum has become stale as hell. Let's get some activity in here, people.
I've been looking at exchange traded funds and so far I want to develop a medium risk portfolio.
I plan on putting the majority of my investment money into spiders, qubes, and diamonds (tracking the S&P 500, NASDAQ 100, and the DJIA) as a form of low risk, stable growth platform. For relative performance, the S&P500 has grown at an annual rate of 15% since its inception and 12% per annum in the past 10 years (including the 2000-2003 economic downturn).
The rest I plan on putting into semi-volatile commodities such as oil and gold when the timing is right (this is where I'm trying to beat the market or at least go along with it if the returns are higher than the American indices) or into emerging markets such as Brazil, Mexico, China, etc.
I know it's retarded asking for financial advice on an internet forum, but I'm sure there's at least 1 or 2 of you guys here trying your hand at the market. So come on, advice and crits and give your experiences trying to become a Wall Street manipulator. It's not like I'm actually going to take you guys seriously.
Plus this forum has become stale as hell. Let's get some activity in here, people.
Comments
I looked at a graph of the stock price of ford over the past 5 years and liked what I saw because:
1. It was way down from its high a few years earlier, but showed no signs of dying completely
2. Its price seemed to undulate up and down over the course of the year in a regular pattern, usually jumping after major car shows
3. I knew a major car show was coming in a month where new Ford models were going to be announced
I stayed in for 3 months and doubled my investment before selling. It ended up higher than when I sold but went back down again quickly. It seems to keep up that pattern still. Also you should note that in my example, it helped to actually understand what the company is about. Whatever you know a lot about is potentially a good area to invest in, especially if this knowledge gives you a good idea of where a stock will go.
<edit> Also if you are planning on investing in specific stocks and you're new to the game, you might want to perform a test run and see how your investment would have done before actually going in.
Also you should note that in my example, it helped to actually understand what the company is about. Whatever you know a lot about is potentially a good area to invest in, especially if this knowledge gives you a good idea of where a stock will go.
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I think I recall Warren Buffet tributing his success to only investing in stuff he knew a lot about, only doing risky investments if he knew the investment area well.
Go go spiders, go!
Invest all your money in Unknown Worlds so NS2 can be released faster.
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Hah, this man is a genius <img src="style_emoticons/<#EMO_DIR#>/tounge.gif" style="vertical-align:middle" emoid=":p" border="0" alt="tounge.gif" />.
But seriously I think investing in unknown worlds would be a worth while investment, if it is possible. Now its at its low until NS2 comes out, then when NS2 comes out it'll most likely have an explosion of profits and players.
PS: I know nothing of investing, this is just a speculated thought <img src="style_emoticons/<#EMO_DIR#>/tounge.gif" style="vertical-align:middle" emoid=":p" border="0" alt="tounge.gif" />.
Hah, this man is a genius <img src="style_emoticons/<#EMO_DIR#>/tounge.gif" style="vertical-align:middle" emoid=":p" border="0" alt="tounge.gif" />.
But seriously I think investing in unknown worlds would be a worth while investment, if it is possible. Now its at its low until NS2 comes out, then when NS2 comes out it'll most likely have an explosion of profits and players.
PS: I know nothing of investing, this is just a speculated thought <img src="style_emoticons/<#EMO_DIR#>/tounge.gif" style="vertical-align:middle" emoid=":p" border="0" alt="tounge.gif" />.
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NS2 is not a low risk investment, despite the best optimism, putting massive amounts of money into NS2 is pretty much dumb unless you've resigned yourself to the possibility of a 100% loss.
I might add it to a diversified portfolio. Some high risk is good, I mean if no one ever invested in high risk budding companies would never get anywhere. That being said, it's always a bad idea to put 100% in anything high risk. The low risk endeavors should be able to recoup your losses if the high risk endeavors crash.