Anyone who knows anything about investing money.

[dead man]

I have a couple grand to play with and i want to invest in something that can yield more money than i put into it. I have zero experience with this sort of thing. basically starting from scratch. none of my friends are any help cause they are fellow bottom-feeders of society who do not invest.

@Aero
@oats
@Objective
@Pent uP
@Vulgar

@anyone who knows anything whatsoever about the stock market / investments.

where should i start? what fields / products / companies are viable options?

[Neighbor]

I would invest in one of these:

[StarFaggot]

I will assist.

[oats]

how active do you want to be with your investments? The answer to that question should dictate how you invest. The more involved you are, the better you will do with riskier investments (which Aero will fill you in on), meaning you need to be ready to actively trade (multiple times a day/wake up at the opening bell). If it's something you honestly don't see yourself keeping up with regularly, I'd opt for more conservative, long-term strategies. I can give you more details either way, but it's the cornerstone question before moving forward.

[dead man]

Riskier meaning potentially much more profitable?

If it meant more money I would be active and aggressive in my online trading. I have web access at all times.

[Pent uP]

do you want something long term that WILL make you money but that you can wait for retirement for

or do you want to focus on the market daily and keep up with your company (and its surrounding benefactors') activities?

that is basically what oats is asking
and my first question

[oats]

generally that's the case - more risk, more reward. If that's the case, there are a variety of strategies to use. Aero is keen on his penny stocks, which is certainly a viable way to invest. First start though is to open an account with some kind of brokerage. I use scottrade, but e trade is just as good. I would mention sogo trade but they don't have a mobile app that I'm aware of, which is helpful. PM me exactly how much you're working with and we can talk further if you'd like.

[oats]

to be clear, I don't invest in anything that I have to wait till retirement for. at least not actively, I have a small percentage of my paychecks going into a 401k but I'm pretty hands-off with that. when I say long-term, I mean investing in companies that have good dividends, show slow, steady growth, etc. I'm talking 1-3 year timeframe. Personally, I have a mix of those that I don't actively trade alongside investments that are good trade opportunities IE short-term investments.

[Pent uP]

Originally Posted by oats

to be clear, I don't invest in anything that I have to wait till retirement for. at least not actively, I have a small percentage of my paychecks going into a 401k but I'm pretty hands-off with that. when I say long-term, I mean investing in companies that have good dividends, show slow, steady growth, etc. I'm talking 1-3 year timeframe. Personally, I have a mix of those that I don't actively trade alongside investments that are good trade opportunities IE short-term investments.

1-2 years is even short for "long term" IMO but yes@dividens comment.

and not short as in too short to see results but too short to hold on to.

I have had a discussion with a good friend of mine about one particular company and I'm curious - what is your perspective on tesla as a stock?

[oats]

I feel you, Pent - if I was handling 250k+ I would not refer to that as long-term. For a couple grand of casual investment, I consider it differently. That's just me though.

I'm not familiar with Tesla (that's the ticker or the company?).

[Pent uP]

Originally Posted by oats

I feel you, Pent - if I was handling 250k+ I would not refer to that as long-term. For a couple grand of casual investment, I consider it differently. That's just me though.

I'm not familiar with Tesla (that's the ticker or the company?).

Thats the company...tesla's ticker is TSLA

they're the ones making the all electric cars that are causing a huge buzz right now. maybe because I'm a city over from their headquarters but I heard they just started dominating a market in an eastcoast state too.

[oats]

I'll check it out. I've heard of the cars, didn't know they were publicly traded. Might be a good actual long-term investment. I know some brokers who cling to RIG or other oil companies because, eventually, oil supplies will atrophy and surely the stock will skyrocket. One approach, not sure if I espouse it.

[Aesthetic]

I know that I can triple your money anonymously using a 3rd party to hold your money until I get your 9k.

Ill need about 3 thousand for doing it though.

[oats]

@Pent uP just briefly checked it out, shits been taking off. makes me hesitant to jump in at this point without reviewing the fundamentals and looking more into what the company is doing. no doubt it has potential though.

[R!canTheoryz]

I Can Get You 10k If u let me use Ur bank Card to recieve this' money

[Sharp]

I feel like Rican is the original Nigerian prince emailer

[R!canTheoryz]

Originally Posted by Sharp Nine

I feel like Rican is the original Nigerian prince emailer

Lmfao

[Pent uP]

Originally Posted by oats

@Pent uP just briefly checked it out, shits been taking off. makes me hesitant to jump in at this point without reviewing the fundamentals and looking more into what the company is doing. no doubt it has potential though.

Yeah if you ever get interested in them they have huge ideas and big plans but according to history and how they are actually doing in profits its a real big crap shoot and like i said - I've had a few long discussions about the safety of investing in them.

[oats]

yeah most green technology is like that, still a fledgling market. def a risk, but has potential to payoff.

Tesla is making moves in s fla too FYI


Plus them cars r dope AF n costly too