Money Forum World

Carlene Franco · Joined: 08 Nov 2007 Posts: 2143

Im 13 years old my dad loaned me 100,000 dollars and said do what I'll and I bought some stocks?
Do you think I bought some good stocks I bought one hundred of each did I go over the bound and did I purchase good stocks the transacations have not gone through still because the stock market is closed what can be some other good stocks to purchase

ADM
AGM
VMW
EMC
UTX
MRK
HON
GM
VRTB AAPL MSFT
YHOO

Evelyn Rice · Joined: 08 Nov 2007 Posts: 2103

Actually friend take my word it in this case, I have been doing this for many years now, you may be able to MAKE MONEY IN STOCKS, dont let people tell you otherwise, the stocks you have will most likely be okay IF YOU KEEP THEM for a long time. but I could recommend reading how to make money in stocks its a great book. ITS NOT ALL JUST LUCK, IF IT WAS ALL LUCK KID, THERE WOULDNT BE A WARREN BUFFET AND he's THE 3rd RICHEST PERSON IN THE WORLD LOOK HIM UP AND HE MADE IT ALL OFF INVESTING. No person could just call that luck. WHAT YOU WANT TO DO is purchase costly stocks they're better, just look at GOOGLE and how they have been going up, its over 600 dollars a share man and I bet at 400 dollars people sayed there's no way it can go up anymore and boy were they ever wrong. THREE rules purchase costly STOCKS WITH HIGH EPS GROWTH CAMPARE THIS QUARTER TO THE QUARTER LAST YEAR IF there's GOOD EPS GROWTH thats a good sign. CUT ALL YOUR LOSES AT 8% don't get mad there will be a ton more investment opportunities in the USA. READ ALL you may be able to. ..And you HOW TO MAKE MONEY IN STOCKS BY WILLIAM J. ONEAL

Angelica Chan · Joined: 08 Nov 2007 Posts: 2120

cmc int . is a good stock

Mcknight ltd · Joined: 08 Nov 2007 Posts: 2170

You didnt do too bad. I [and most likely other people wanting to answer your Q could be interested to know:
1 how you picked them,
2 how most of each stock you bought and
3 how long your project is for.

Thanks for asking your Q. I enjoyed taking the time to answer it.

VTY,
Ron Berue
Yes, that's my real last name.

Nadia Ochoa · Joined: 08 Nov 2007 Posts: 2140

I think you're telling us a porkies here.
cheers

Deirdre Glenn · Joined: 08 Nov 2007 Posts: 2096

Ignorance are the ones who are allowing other people to make financial decisions for them, like those people who hype mutual money.
As far as stocks? you didn't say how long you're allowed to hold the stock or if you're allowed to sell it when you want? As far as picks, I could put some money on AAPL, it seems they're pushing this stock up, maybe for a split. If so ..sell it when any news comes out on it

endo · Joined: 08 Nov 2007 Posts: 2081

Looks good.

Evelyn Rice · Joined: 08 Nov 2007 Posts: 2103

you dad is either generous, or stupid, the fact that you have to post this question suggests the afterward.

Abel Watson · Joined: 08 Nov 2007 Posts: 2070

Here is a link to the portfolio of stocks that I own:

top10traders.com/ViewPortfoli.

You may also check out the best trades at top10traders.com they have some great investing ideas. Good luck.

Travis13 · Joined: 08 Nov 2007 Posts: 2152

What no Google?

Angela Skinner · Joined: 08 Nov 2007 Posts: 2152

I think that was an very stupid thing to do. Not only your father loaning you money he made you his SLAVE by doing that, however also your investment.

Single stocks are a awful place to invest money. You literally have better odds in Vegas.

Put the money into MUTUAL money, which are stocks, but THOUSANDS of stocks, not single.

PS: Warren Buffett made his money by purchasing businesses, not STOCKS like the idiot below is saying.