Crono's Investment Advice
 

NOTICE: Invest at your own risk. My advice is merely advice.

This thread is for me to give you guys a heads up on what I believe are good market moves. I will always show my gains and losses, and will never hide/fabricate any data. In the end, it's your money and your decision to move on the market. I'll be happy to give tips.

How do you invest in the market?
Playing the stock market is very simple. You purchase a number of stocks for a certain price. That stock varies in value according to things that affect the market. Wars, politics, the economy, and news fluctuate stock prices every second. You can then sell the stock back for whatever value it is. For instance, if I buy 10 shares of a stock for $100 total ($10 each), which increases to $150 ($15 each) the next day, I can sell all 10 shares for a profit of $50.

You can invest in pretty much anything. Go to to see what companies out there you like and that you believe in. You can also see their history and how well they've been doing.

If you want to get set up with a brokerage account, PM me your e-mail and I can send you an invite. I use TradeKing for stock trades, which charges a $5 fee for every trade, regardless of size. It is a good beginner's trading company.


How much should I invest?
This is the bottom line. Investing while you're young is one of the most profitable things you can do. However, like all things in life, reward comes with certain amounts of risks. This thread is about stocks. Not mutual funds. Not bonds. Stocks. Stocks are volatile and risky. Be prepared to lose money if you're careless or stupid with your investments. If you're really interested, you should be doing your own research and not just believing everything I spew here. I try to give a heads up to what I think is best, but I'm not always right. Nobody is.

Of course it's your life and your money, and I'll help you in any way I can. But this is my bottom line:
If you are in debt to anything other than a mortgage, you should not invest.
- Your money should be concentrated on paying off all your debt. Whether they be car payments, school loans, or credit card debt, you need to pay these off first. There's a high likelihood that you'll be losing money when you first start. Accruing interest while losing money is not a smart thing to do.
If you are living paycheck to paycheck, you should not invest.
- Living paycheck to paycheck means you are barely hitting your overhead. Investing at this point is too risky, and you cannot afford to lose money. There's a high likelihood that you'll be losing money when you first start. Not being able to pay rent or buy food is not a smart thing to do.

Using TradeKing, I suggest a balance of $1000-$3000 dollars, and only make market moves $500 or more. If your purchases are too small, you'll never make back the fees. Larger purchases are advised.




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Everyone and their grandma is talking about netflix stock

I need me some of that

Actually if you're still willing tesla's stock is fucking mind blowing right now. i remember watching it at 80 bucks its at 174 now and that's pretty much over a 6 month period.

Is this how I can be a little richer?

I would sell my stock in Tesla Motors right now, it broke through its fundamental barrier and looks to be heading back down soon.

Yes, this is me trying to help everyone make some money :)

Don't count TSLA out yet. Stay tuned and I'll tell you my gameplan early November.

Do you trade any other markets?

NFLX is up 10% after market close. Free money!

And yes, I trade in all kinds of markets.

I am debating on splitting out some of my 403b contribution to put in the market. is that possible or should the funds go all to long term investments?

I was kinda thinking like 30% high risk high yield and 70% low risk low yield

No no no no. Never take out from retirement. It is the safest, surefire way to go. I would try to max that out ASAP, as 401k/403b have a GREAT ROI and it's 100% safe!!

Only invest in the market if you have ample cash after your overhead and a good emergency savings.

EDIT: It also depends how old you are and what responsibilities you have as well. I'm 24 with no kids, so I can literally throw all my money at high risk investments. Post your questions here and I'll be more than happy to answer them.

Someone needs to school me on starting to invest in all these markets, like now.

More than happy to. I can even send you a referral. PM me your email.
It's best to get started now since Q3s are coming out

Well I ask because I can split up my contributions to different markets,

and since the employer is matching me dollar for dollar up to 6%, I figure why not

I see what you mean though

If you are young without any responsibilities, i.e. if you can suffer all your brokerage account losses and not be crippled, then yes, you should.

If you have family to provide for, and cannot afford to lose that extra income for retirement, then I suggest against investing in volatile things like the stock market.

The retirement plan offered by your 401k/403b plan is really good because the amount you invest is compounded until you retire. By that I mean:
When you're 65, the amount you invest between 25-30, 30-40, and 40-60 are all the same.
Which means if you start early, what you invest within 5 years with interest is the same as what you invest 20 years when you're older. And it's guaranteed.

But if you want to take some risk and feel that you could make more money outside and afford the risk, then you have to find out how much risk you're willing to take. Mutual funds have inherently less risk than stocks, which are less volatile than the god awful penny stocks.

I trade stocks very often, and I'll post up what I think are good leads here in this thread.

Yea I got 2 raises with work and the difference is going into the 403b, so it is money I don't see anyway.

if you can PM me, I'll show you which 2 markets I am split into right now

PM you so you can PM me? Just PM me haha.

As to promote easy browsing, my buy/sell heads up will be RED, and I'll update my gains/losses on the original buy/sell post.

Damn dude I've always been interested in stocks
sending you a pm for sure

Sweet, I trade the forex market everyday, glad to see someone else taking investing into their own hands

I think theres quite a bit more to squeeze out of it. Especially with another model in the works to be launched that will support more passengers, plus movement into markets, as well as the influx of them i am seeing around. There is still massive growth potential compared to many other automotive competitors right now.

21% is nothing to joke about make sure you are keeping an eye for any significant dips in the next few days. Also i'm sure you know but keep an eye out for some ipo's. Those always seem to be a gold mine in most caes

I have minimal responsibilities and good income and I'm a pretty big numbers guy but never looked into investments like this. Maybe its time. I'm sure odds are better than me blowing money at the casino lol

I see Tesla as being far overvalued. The technology they offer is not revolutionary, its just very well marketed. Either way they still rely on batteries, which are expensive and hard to dispose of, not to mention they lose power, basically I'm saying their batteries are old news and not a breakthrough by any means. We could go on and on about the company but it all adds up to the stock being worth more than the company is able to back. It might not drop tomorrow, but that stock is going to fall.

Let's not get off topic please. Tesla is a good stock in its own right. This thread is mainly for me to give you guys heads up on what I think are good investments.

Also, it's 6%, 16% if you count aftermarket hours due to Q3 releases. $21 a share :P

As expected, I'm getting a lot of questions in PMs. I suggest people ask their public questions here so that everyone else can read and learn. Use PMs for private stuff like numbers and personal things.

Do you use E trade, Scottrade or something else? Which do you recommend for beginners?

I use TradeKing for most of my day-trades. It's cheap, $5 flat rate for any size trade. If you trade in large quantities, the fee is almost non-existent. It doesn't have instant updates and stuff, but beginners don't really need that.

How long have you been trading ?

Doesn't provide instant updates? Wow that sounds like an easy way to cheat the system, doesn't it? How long is the lag?

A few seconds.