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A New guy asking "How To Invest?"

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Money Talk > Investing, Stocks and Bonds

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Trader01
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A New guy asking "How To Invest?"  Reply with quote  

Hello Guys,
I'm new here in this respectful forum, and am looking to be an active member and to be a helpful member.
I've a good knowledge about technical analysis for financial markets due to my work in this field as a freelancer. However, I would like to know more about it and in addition to this to know from you more about the opportunities of investments for assets other than Forex, so I guess we can help each other in many ways.
Am looking to hear from you very soon guys.
Thanks and regards!
Post Mon Oct 26, 2015 10:29 am
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Trader01
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Guys , any help ???!!!
Post Mon Nov 02, 2015 7:10 am
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littleroc02us
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Welcome. What specifically is your question? It's important to bring up a topic or a question to begin the dialogue.

Thanks

littleroc

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Mon Nov 02, 2015 3:18 pm
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oldguy
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Trader, are you young or old? Married? Employed? Using a 401k?
Post Mon Nov 02, 2015 4:36 pm
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Trader01
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You can tell me if you know other ways than Forex to invest my money , if you do something else , you can help me Smile , and also I've heard about investing in Physical metal like gold and silver, so does anyone know about it ?
Post Tue Nov 03, 2015 10:07 am
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Trader01
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am 28 years old , not too young and not old Smile
Post Tue Nov 03, 2015 10:08 am
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littleroc02us
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Gold and Silver historically has been considered a hedge against inflation. Does that mean it's worth putting your hard earned money into, I'd have to say only if your fearful of the entire economy imploding. And even then I don't believe it would be of any value. Should the United States economy tank, I'd rather have tradable goods such as water, food and guns. What good would Gold or Silver bring you?

I personally invest in 3 areas. Real Estate, 401k's and Roth IRA's. Between those 3 areas I feel well diversed in my portfolio. Your question was where should you put your investment money. I'd look at Vanguard the VTASX fund that has very low fees and a historical return of 9%, which if you put away the max of $5,500 a year for 30 years you'll easily be a millionaire and able to withdraw funds tax free. Find me a better plan than that. Real Estate and 401k's are great, but they are taxed and have their challenges. Good luck with your future.

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Tue Nov 03, 2015 3:32 pm
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oldguy
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quote:
You can tell me if you know other ways than Forex to invest my money , if you do something else , you can help me Smile , and also I've heard about investing in Physical metal like gold and silver, so does anyone know about it ?


Forex currencies, derivatives such as puts, calls, selling covered calls, short sales, penny stocks, junk bonds, corn futures contracts, oil, options on corn futures, 2X leveraged SP500, Short SP500, and so on. BTDT
And you can apply the common trading methods - elliot waves, fibonacci ratios, chart formations - head & shoulders, break-outs, etc. BTDT
Precious metals - gold, silver, platinum - get lots of attn in times of inflation, back in the 1980s there were dozens of Gold-Bug books, infomercials, etc. But gold doesn't actually go up/down, the currency that you use to measure it is what goes up/down. Eg, the dollar - In about 1980 the Dow was about 1000 points and Gold was about $800 per oz. 35 years later, gold is $1200 but the Dow is 17,000 points. That means that the dollar inflated. And if you are living in the "dollar" world. you'd rather have $17,000 than $1000.

An issue with trading is that ALL of the tools are based on history and the expectation that patterns repeat. But it doesn't work that way - tomorrow's prices will be based on something that hasn't happened yet. And there is no analysis that will tell you what that is - no stoicatics, no standard deviation, no channeling, yada.

You'll find solace in the knowledge that you cannot 'time' the market, you will be free to quit trading and start investing. I became a multi-millionaire after I QUIT doing what you do, lol. Lucky for you that you are only age 28 - it's pretty easy for someone with a 30 or 40 year time-horizon to become a multi-millionaire.
Post Tue Nov 03, 2015 4:08 pm
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Trader01
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That's really useful and very good info about investing in many ways , i was thinking and searching for the physical metals and i've found a company called JPM , have you ever heard about it ?
Post Mon Nov 09, 2015 7:56 am
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oldguy
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quote:
JPM , have you ever heard about it ?


lol - yeah, they are the ones who predicted that gold would top $2500 by year-end. That was in 2011, I wonder if they are still waiting?
Post Mon Nov 09, 2015 1:25 pm
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Trader01
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[quote="oldguy"]
quote:
JPM , have you ever heard about it ?


lol - yeah, they are the ones who predicted that gold would top $2500 by year-end. That was in 2011, I wonder if they are still waiting?[/quote

I guess that you're talking about something else !
here's the website of the company
www.jpmmetals.com
check it out and tell me what do you think ]
Post Tue Nov 10, 2015 8:39 am
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oldguy
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quote:
check it out and tell me what do you think ]


An OK vendor for metals.

But why do you want metal? Gold, eg, is at about the same price (relative to the $) that it was in 1980. So it is the exact opposite of your name (Trader), it is something to buy if your primary purpose is protection from Economic Depressions (and you pay for that safety by accepting a low return).

If your goal is wealth-building, use a product that historically doubles about every 6.5 years (11%/yr, Rule of 72). If you want to add risk, buy that product using leverage. I often use real estate, where I own only 10% of the house and invest the other 90% in stocks.

But you need to manage the leverage - the market truth "risk and return are directly proportional" - is always in play. So when you purposely increase your risk, you need to be prepared to mange that risk.
Post Tue Nov 10, 2015 3:29 pm
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Wino
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The only way to make money on commodities is to actively trade them. Of course, since you'll be an amateur, you'll be on the wrong side of most trades, so you'll lose money over time. Let's say you bought gold when it was $1700. It is now around $1100. You would have lost 33% had you held, but if you buy at $1100, and sell when it hits $1200, rinse and repeat, you'll make money, long term.

The problem is you can't watch the markets as closely as full time traders, so you will lose in the long run. Even if you buy now, and gold goes back to $1700, you'll have to sell then to get the money, and your inclination will be to hold it because it is going up.

If you instead purchase stocks in a good company, it can continue to go up as the company grows and prospers.

Gold is a sucker bet.
Post Sun Nov 15, 2015 4:45 am
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VicVic
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Hi from another newbie  Reply with quote  

Hi trader and everybody, I'm another newbie on this site, and want to join the discussion
I was going to tell that you should out your money in the mutual fund if you want diversification from Forex, but have no other ideas. But the last answer have caught my eye. How come gold is a waste of time and money? It has plunged slightly in the last 2-3 years, but take a look at 10 year chart: it did go up and it will keep going. The problem with gold is low return, which is only slightly higher than infation. But if someone is looking for the way to hedge their investment, gold is still the choice. When anything goes wrong on the market, it goes up.
Post Mon Nov 23, 2015 8:33 pm
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Trader01
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I agree with you Vicvic , i guess nowadays that gold is the new wave of investments , like you said it's low return, but you can see the results , i guess now the gold and the other metals are the new way to invest your money for a mid-long term with a great results , don't you agree Smile ?
Post Mon Dec 21, 2015 9:36 am
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