Tweet
I have been looking on Nasdaq at a few different stocks. I was thinking of slowing buying into a company to add to my Son's college savings eventually. Now does the "last sale" mean how much it costs per share? If so that would mean 1 share of Sirius would be $5.03, and one share of Google would be $365.80... Does that sound right?
-
-
Last Sale is the last price it sold for at the time that info was put out as far as i understand it. I belive that as long as you have up to date info your price may be a bit above that or a little below it. -
The electronics industry is about to explode. HD-DVD, Blu-RAY, Huge year for HDTV and so on. Sony, Toshiba, Samsung, DLP Technology, LCOS, SED, and so on are all stocks I would look at very close. 2006 will be a huge year for these companys and there technology.Comment
-
thats why you buy now and get out before it goes back down.Originally posted by radoComment
-
Anyone want to make some money? This is the future right here. SED (Surface-conduction Electron-emitter Display) technology will make, LCD, Plasma and so on extinct. SED will be relesed to the public in about 2 years. Some info.
http://www.canon.com/technology/display/Comment
-
Well the apeall to sirius right now is that it is so cheap. I could by a couple shares now and then evertime I get paid. Not investing alot and if it goes up great, if not No big loss. I don't have probably more than $40 a month to invest in something. But like everyone said I want something stable so it can be more of a savings than a gamble. Also can I just go on nasdaq and purchase shares with my debit card or do I have to go through a broker?Comment
-
i hate to agree with rado, but if your going to invest you should most def look at long term stocks, unless you can devote all of your time to day tradeing you are very likely to lose your ass tryin to make the quick buck.
Now i would not say that the electronics is going to be a bad investment, but if we are talkin about a college fund here we are lookin at 17+ years or so. Put the money in a big firm that has been around a long time, and will contiune to be around. Also just be sure and do alot of research on whatever company it is and find out everything you can about them.Comment
-
maybe you should get a financial advisor...seek out a big firm like T. Rowe Price or Prudential to help you guide your investments. They'll push you in the direction of "diversifying," that is, investing in a bunch of different stocks in different areas...they'll help you assess what level of risk you're willing to take on, help you maximise your earnings based on the length of your investment...Comment
-
My feeling about sirius though is that eventually all the local markets will get more and more phased out as technology advances. One of the only things these days that is really free is radio. There customer retention is reported to be very high.Comment
-
You can use a real broker, or one of the online things like etrade and such.Also can I just go on nasdaq and purchase shares with my debit card or do I have to go through a broker?Comment
-
Maybe I will just put more into CD's :)Comment
-
Yea I don't like to take risks with my money. Maybe I will use $40 for sirius and just see what happen. Pretend I'm playing the lottery and just put the rest into CD's or the like.Comment
-
Originally posted by Shibby
Have you thought about a mutual fund? I have a Roth IRA (which means you contribute after taxes, but can still pull money out if need be, vs. a Tradiotional Roth that IS tax deductible, but you will be penalized if you take outm oney before a certain age) w/ Vanguard, and a good amount of funds are available with only a $1000 initial deposit. They also can automatically draft from your debit/checking account every month on a certain day. The only reason I mention this is #1- because of the compunding daily interest you get w/ any fund and #2- you said you're looking for something sort of long term. Mutual funds are not like stocks, in that you don't get rich fast. There are several different kind...Aggressive, Value, Large Growth, etc.
I've had mine opened for almost 2 years now, and my contribuiton to gains is about 18% in the positive.
I don't know of any CD that has a 9% return rate. :)Comment
-
Agreed...Originally posted by redsquirrel
I use a guy through Merril Lynch that is really great. He calls me all the time to let me know what's up with things and asks me what direction I want to take. He is a stand up guy. However, in your situation I would start slowly and when you have a few grand stashed away you can let me know and I'll hook you up with him. My suggestion would be to go mid-high risk the first 10-15 years and as Little Shibby gets closer to going to school you can roll into the lower risk mutual funds.
Also, to touch on what Rado was saying, start off in the Dow's top 30. These are proven to be the best "cyclical" stocks out there (meaning that they may come and go as the best but they will always be great). I used to use a technique known as investing in "The Dogs of the Dow" which basically puts your money in the bottom 5-10 of the top 30 Dow components knowing that they would rebound sooner than later. That really helped build my base up to where it's at now.
Good luck - also, what kind of savings plan do you have Little Shibby working with?Comment
-
DO NOT BUY SIRIUS RADIO IT IS A DEAD STOCK<<<!!Comment
Comment