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The Stock Market!

Does anyone do this thing called ‘Stocks’?

If so, have you made or lost money?

And also, how do I get into it?

I have some ideas about which companies I think may explode in the near future, but that’s far me to know and you to find out.

How do you do stocks?

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Discussion

7 thoughts on “The Stock Market!

  1. Do you have a 401k or retirement plan that is partially in the stock market? That’s how I got started.

    Posted by thebikinibookworm | February 11, 2016, 5:00 pm
  2. That sounds like good advice. In america 401k are tax deferred which make them a good investment for long term savings (retirement). I would imagine it would be similar for your superannuation. That is the place to start, because although it might not sound as sexy as robotics stock, when a pile of money has 20/30 years to grow it really makes a difference. Your money makes money and it adds up. Slow and steady. It’s not sexy but trust me – it feels good to see that pile grow.

    As for individual stocks – like the robotic stocks you mentioned – that is not investing. It’s gambling. There is very little chance you have the information you need to make a sound decision on which of those companies will take off. Take some time to read about mutual funds. It’s a much better/safer way to invest.

    A good place to start might be something like http://www.fidelity.com.au/ Or just googling. A good book for beginners is: http://www.amazon.com/Little-Book-Common-Sense-Investing/dp/0470102101/ref=sr_1_1?s=books&ie=UTF8&qid=1455221625&sr=1-1&keywords=john+bogle

    Posted by futurepilgrim | February 11, 2016, 8:14 pm

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