Anyone do Online stock trading?

[LXtasy]

Can I post this even though it isn't car related? :hide:


I am curious if anyone does any stock trading like through scottrade, e*trade etc.

I have a couple of questions in regards to it. (already searched but can't find the information I am looking for)

1. What is the minimum amount of stocks to buy/sell (either # of shares of cash amount)

2. I see that some is $7 to trade, does that include selling it?

3. If I invest *magic numbers* $500 in one stock and I sell it and make $6000 can I just transfer some money to my checking account or another account and get it as cash in my hands kind of money?


I have been thinking of doing this for awhile and might as well right now when stocks are extremely low. Buy low sell high right? I understand the "risks" of doing such. But I feel in this economic depression that I could possibly invest some money to give me a "goose egg" for if either myself or my wife jobs status changes from being employed.

[Pesce Nero]

i do.

set up account. you will have a cash account. maybe money market that will pay you a little money while your in cash.

when you go to buy, say you have $200 and you want to buy a $20 stock, you figure out how many shares you can buy. if a trade cost $7 then its 200-7/20=9.65 so put in an order to buy 9 shares.

dont use market orders. if a stock is trading at 20.12, click buy, put in 9 shares, compay is XYZ then go to limit order, put in $20.00 (it goes up and down so much, your more than likely to buy lower then it currently trading) then you pick how long you want the order for. for the day, till you fill the order. i usually only do it for the day.

if you go to CNBC.com, you can see how the DOW 30 is about to trade for the next day, up or down and get an idea what your in for that day. buy on down days even though it may be exciting to buy on a big ralley day. but you already missed the rally and the next day will be down and you will lose money on your first day

also, i'm way down. and financials look like they could be suside over the next year. 2 more waves of bad loans have yet to surface. FORD interests me at around $2 a share.

also, stocks uder $10 or close to $10. many mutual funds have rules that there stocks must be over $10. if you buy a $11 stock and it goes to $9.99, it could free fall because managers have to sell the stock when it goes below $10

CNBc.com plug in the stock symbol at the top and it will give you charts and ownership, top news, crap like that

i keep editing, also, look at P/E ratios price/foward earnings. in a decent market they trade around 16. look at microsoft and you will see its around 10. that would be a value stock. companies without P/E ratios are losing money

[Pesce Nero]

2. yes, they charge you buying and selling.

3. yes, if you sell, money goes straight to cash account. i may sell something because i want to buy something and have no money in cash, as soon as it sells, you can buy. i sell with limit orders also. say stock is trading at $10, i may put in a sell order to sell at $10.10 using limit orders and not market orders. use market orders to get out quick.


many more options. stop loss orders and crap like that

[LXtasy]

Thank you so much. Kinda what I thought. Just curious if I make a good profit that I could use it elsewhere. i.e. car mods, house payment etc etc.

[Mike]

Thank you so much. Kinda what I thought. Just curious if I make a good profit that I could use it elsewhere. i.e. car mods, house payment etc etc.

Don't forget to pay taxes on your earnings. :poke:

[LXtasy]

That is a no brainer Mike. Everyone I look online at the internet trading gets your social security number for that purpose online.

[WWhittle]

good luck- got my statement today and in 2008 i lost 59%.
worked my ass off during a boom- invested some, spent some, etc etc. Now combine investment loss with business almost at a standstill...........not good.
anybody want to buy a fast car?? j/k...... for now anyway.

[WWhittle]

oh yeah- and now is a good time to buy- so what did i do?? bought more- hope it comes back- and i agree- Ford is a good one to buy right now, they are going to make it back on top i think.

[Pesce Nero]

if your just starting out, now is a good time to start. for those of us that have been in it for a while it is miserable.

here is something i've been thinking about. with all the bailout money, there is going to be an adverse side affect just like the boom to now. i have been thinking that gold would be something long term that could be the next boom. i dont know. i have been buying AUY- yamana gold mining. got it around $5, i dont know what it is today but it was $7 yesterday. the are several comodity indexes that include gold and i had one over 2008, included oil, gold, copper, corn i think. sold it right before oil dropped cuz i got scared, made a couple hundred.

my sis bought wamu at .08 and sold at .16cents and made $600 in a day. i talked her out of buying that wamu 3 days earlier at $2 then told her to buy at .08. think she could have sent me a hundred. but for every good story there are many bad. stuff i bought at $3 is now 17 cents!!!

[Pesce Nero]

sweeper, the next boom business is cleaning out forclosed homes btw. get a warehouse, anything good gets sold at your weekend warehouse sale and get paid by the banks for taking the crap

[LXtasy]

i have been eyeing wamuq stock it closed at .06 today lost .02. But last week it was .005 a share and went to 19.81 a share.

[Whaler]

Mutual funds are much safer and if you diversify your funds, they will grow over the long haul. IMO, taking gambles such as short term stock purchases should only be done after you look out for your long term investments or have stumbled upon a money tree and don't mind losing some of it. Dave Ramsey and many other "smart" investment people will give you some good ideas, then you can cater them to your style. If you ever take his course, you will gain a lot of understanding of investments, insurance, and achieve a goal towards becoming debt free. He's on 94.3FM from 6-9pm every night.
Not being a smart ass, but I would get settled in my home before worrying about buying stocks.

[Pesce Nero]

speculate with only 20% of your money. if you have $1000, put $800 in companies that you know are going to be able to make it, like CAT or johnson & johnson, Kraft, microsoft, IBM, even (gulp)BOA

then play with the 20% your almost guaranteed to lose. you may hit big on one then you will be thirsty for it again and want to wage it all on a gamble.


companies that pay dividends like AA(alcoa) did have a very high dividend and that will reivest into more shares over and over

[Pesce Nero]

Mutual funds are much safer and if you diversify your funds, they will grow over the long haul. IMO, taking gambles such as short term stock purchases should only be done after you look out for your long term investments or have stumbled upon a money tree and don't mind losing some of it. Dave Ramsey and many other "smart" investment people will give you some good ideas, then you can cater them to your style. If you ever take his course, you will gain a lot of understanding of investments, insurance, and achieve a goal towards becoming debt free. He's on 94.3FM from 6-9pm every night.
Not being a smart ass, but I would get settled in my home before worrying about buying stocks.

Ramsey style doesnt suit me but if you listen to the guy, you will live a stress free life and probably a wealthy one. i just cant drive a piece of shit car and fix it every weekend cuz Ramsey wants me to buy a car with cash. it would be nice but not pratical for me. then again, maybe i could sleep at night if i didnt have so many bills

Whaler, another thing i noticed lately, is every friggin mutual fund wants $2500 to get in. been looking for a S&P 500 index i could get in because now would be a great time but i cant find one without the $2500. if i had $2500, please refer to my wish list post

[WWhittle]

david ramsey will lay on his death bed with a ton of money in his bank account talking about all the things he wished he had done.

[Whaler]

david ramsey will lay on his death bed with a ton of money in his bank account talking about all the things he wished he had done.


I know. He has a lot of good points, hence my remark about adjusting it to your style. Many other "advisers" have some of the same beliefs. His are just more hardcore than most.

[Whaler]

Ramsey style doesnt suit me but if you listen to the guy, you will live a stress free life and probably a wealthy one. i just cant drive a piece of shit car and fix it every weekend cuz Ramsey wants me to buy a car with cash. it would be nice but not pratical for me. then again, maybe i could sleep at night if i didnt have so many bills

Whaler, another thing i noticed lately, is every friggin mutual fund wants $2500 to get in. been looking for a S&P 500 index i could get in because now would be a great time but i cant find one without the $2500. if i had $2500, please refer to my wish list post

I like a lot of his info, but don't follow it to a tee. I have, however, eliminated around $1,000 per month in debt by using a lot of his ideas.

Good luck on the wish list goal. :bigthumb:

[perm102]

david ramsey will lay on his death bed with a ton of money in his bank account talking about all the things he wished he had done.

Something else to consider is that he won't be looking for any bailout money either.

I believe in you can't take it with you either but you have to make sure that you can support yourself to the death bed as well. Jr. I don't know what you were planning on doing with a house but I would think that now is one of the best times to get into one. Rates are around 4.8 for 30 yr fixed and 4.6 for 15 yr. That is a great investment too.

Anything that goes into the market be prepared to lose. You can def make some money doing it but make a plan and stick to it. It is easy to get caught up in the game.

[WWhittle]

Something else to consider is that he won't be looking for any bailout money either.

I believe in you can't take it with you either but you have to make sure that you can support yourself to the death bed as well. Jr. I don't know what you were planning on doing with a house but I would think that now is one of the best times to get into one. Rates are around 4.8 for 30 yr fixed and 4.6 for 15 yr. That is a great investment too.

Anything that goes into the market be prepared to lose. You can def make some money doing it but make a plan and stick to it. It is easy to get caught up in the game.



JR??

What do i plan on doing with a house?? Next time you are around Mt. P stop by mine and see.....

And everything is a game right now...day to day living is a game...people going to work not knowing if they will have a job at the end of the day, that's become a game....

What do i know....

JR Signing off.

[Darryl Buckner]

if your just starting out, now is a good time to start. for those of us that have been in it for a while it is miserable.

here is something i've been thinking about. with all the bailout money, there is going to be an adverse side affect just like the boom to now. i have been thinking that gold would be something long term that could be the next boom. i dont know. i have been buying AUY- yamana gold mining. got it around $5, i dont know what it is today but it was $7 yesterday. the are several comodity indexes that include gold and i had one over 2008, included oil, gold, copper, corn i think. sold it right before oil dropped cuz i got scared, made a couple hundred.

my sis bought wamu at .08 and sold at .16cents and made $600 in a day. i talked her out of buying that wamu 3 days earlier at $2 then told her to buy at .08. think she could have sent me a hundred. but for every good story there are many bad. stuff i bought at $3 is now 17 cents!!!

Amen, Amen, Amen!!!

[Darryl Buckner]

david ramsey will lay on his death bed with a ton of money in his bank account talking about all the things he wished he had done.

Amen, again!!

[Darryl Buckner]

i have been eyeing wamuq stock it closed at .06 today lost .02. But last week it was .005 a share and went to 19.81 a share.

Keep your eye on them though. I just transferred a bunch from there about 4 months ago. Definately high risk..

[perm102]

JR??

What do i plan on doing with a house?? Next time you are around Mt. P stop by mine and see.....

And everything is a game right now...day to day living is a game...people going to work not knowing if they will have a job at the end of the day, that's become a game....

What do i know....

JR Signing off.


Jr is the person that started the thread. He has asked before about buying a house which is why I said that. I am sure your house is nice. Congrats.:bigthumb:

[WWhittle]

Jr is the person that started the thread. He has asked before about buying a house which is why I said that. I am sure your house is nice. Congrats.:bigthumb:



sorry- when you quoted me it appeared you were talking directly to me.


anyway- on another note- i think i am going to invest in oil right now. it's definately going to go back up- never bought oil before so i have to figure this out.

either way- i am going to do something...even if it means a little gamble here and there. if i go down, im going down in flames.

[perm102]

sorry- when you quoted me it appeared you were talking directly to me.


anyway- on another note- i think i am going to invest in oil right now. it's definately going to go back up- never bought oil before so i have to figure this out.

either way- i am going to do something...even if it means a little gamble here and there. if i go down, im going down in flames.

I read that after and it did look like that. Sorry. I know that people were making a killing in oil. I was hoping that prices would stay low for awhile but it looks like they will be going back up. Especially if they want higher taxes on it.

[slowgreen99]

at least my car runs on gas, not oil! Dam im dumb

[Pesce Nero]

Oil down 1.25 gold up 19

[WWhittle]

the same people that predicted that oil what drop to what it is at now are the same people predicting it is going to hit 300/barrel. the middle east is about to go to shit, so i would agree with the theory.

[Pesce Nero]

lxtasy you damn jinx. since you started this thread, i dont think the market has had one up day. gold has lost over $80 an ounce. oil lost $10 a barrell, a dozen companies filled chapter 11 and another 40 thousand people lost their jobs. :poke:

[LXtasy]

No crap right. But I also haven't invested any yet. :D so it could be still on my side.

[Pesce Nero]

and here i was thinking, how much more could i lose:hysterical:

[LXtasy]

Don't think like that. You need to think "how much cheaper can it go before Lxtasy buys up stock and it climbs through the roof and he can buy his family a home" :D

[05Saleen]

Don't think like that. You need to think "how much cheaper can it go before Lxtasy buys up stock and it climbs through the roof and he can buy his family a home" :D
Keep Dreaming!

[Pesce Nero]

Don't think like that. You need to think "how much cheaper can it go before Lxtasy buys up stock and it climbs through the roof and he can buy his family a home" :D

let me tell you a story. i was 21, had $8k and looking to buy a house. i was in no rush. guy i worked with was into stocks. i spent 12 hr shift talking stocks with this guy. i wanted to buy chrysler at $9 a share and my father, that has no money and i basically support right now talked me out of it. when i closed on my house, chrysler stock was $72 a share. that house would have been free if i didnt listen to him. that was 17 years ago

that stock move happened right after desert storm ended. and that may have been 6 months it went from 9 to 72. i'm still sick over it

[LXtasy]

Keep Dreaming!



Why is that? you don't think stocks will ever come back up?

[LXtasy]

let me tell you a story. i was 21, had $8k and looking to buy a house. i was in no rush. guy i worked with was into stocks. i spent 12 hr shift talking stocks with this guy. i wanted to buy chrysler at $9 a share and my father, that has no money and i basically support right now talked me out of it. when i closed on my house, chrysler stock was $72 a share. that house would have been free if i didnt listen to him. that was 17 years ago

that stock move happened right after desert storm ended. and that may have been 6 months it went from 9 to 72. i'm still sick over it


A coworker was telling me about a time SEVERAL years ago when he was approached about buying 5k worth of stock in some "off the wall" company at the time. He neglected not to because as it puts it "will most likely fail". This company was GOOGLE. He is in the same boat as you.

I just think that if I invest now when prices are dirt cheap that one day, maybe 5,10,15 years from now they will be worth a whole lot more than pennies on the dollar. In my line of work in the past years I have done work for customers who's only income was day trading on the stock market. Guess what, they live very nicely in custom homes in very nice neighborhoods etc etc.

I am paying attention to a couple key stocks right now, they have been fluctuating alittle. But I have a feeling that after january 20th they will climb. We shall see. I am hoping I can turn alittle profit off of it in the rough times the economy is in. Not a quick buck of course, something over time.

[Pesce Nero]

well, whatcha watchin? inquiring minds want to know? it could only help if others agree that your onto something good and slap there hard earned cash on the same stocks your buying, well after you buy i guess

dont listen to me because i thought bank of america was a buy at $20. hit $7 today

i'm still into the gold play, why i dont know

[LXtasy]

i have been keeping my eye on wamuq, csco, SILVER (not gold lol) AIG (i know i know) citi and a couple of others. But those are the big ones. WAMUQ is the cheapest.

[05Saleen]

Why is that? you don't think stocks will ever come back up?

They haven't went back up since 9/11 to where they were originally. slowly getting back to all the money initially lost. In other words. You won't get rich quick. Probably enough to retire. Don't wait that long to buy a HOUSE!

[WWhittle]

yeah, no shit. if you are going to invest in anything right now it should be a house. talk about buying low!! and with a killer rate. it will be a better return on your investment over 10 years than any stock unless you happen to get lucky.

[LXtasy]

Oh i know. I wasn't being serious on the buy the house from the stock market. Only thing I have to do with a house purchase is find one that we like and can fit in.

[Pesce Nero]

houses may still go much lower. what happens to this country if chrysler doesnt make it? what if citi bank falls? there is 2 more rounds of bad loans that have to make it thru the system. i'm not so sure i would even consider buying a house right now. i would buy some land and a winnibago first


i work for a trucking company that is always busy and its dead. dead dead dead. next weeks work load is looking downright scary right now

what does a huge drop off in freight signal? especially to a port city like charleston

[LXtasy]

I have been noticing some houses that have been on the market since we started looking this go around have dropped anywhere between 20-70k. Just because of the market. I enjoy it as a buyer. But at the same time, stinks because it is a reality check that many are homeless, jobless, and broke.

[Pesce Nero]

chrysler is indirectly responsible for 30 loads of freight are company does a week. it is also the only customer that we have seen no real drop off in freight. if chrysler goes down. most likely we go down. we are talking about some little trucking company in south carolina, not a town in michigan, or a parts supplier in ohio, or car carrier trucking, or supplier parts trucking.

the ripple effect of any more companies failing may destroy this country. i would hold out till the end of 09 before i would buy a house. just my 2 cents

[WWhittle]

chrysler is indirectly responsible for 30 loads of freight are company does a week. it is also the only customer that we have seen no real drop off in freight. if chrysler goes down. most likely we go down. we are talking about some little trucking company in south carolina, not a town in michigan, or a parts supplier in ohio, or car carrier trucking, or supplier parts trucking.

the ripple effect of any more companies failing may destroy this country. i would hold out till the end of 09 before i would buy a house. just my 2 cents


building cost are lower than they have been in 15 years. building lots are low. rates are killer. even DAVID FREAKING RAMSEY has been saying you are a fool if you don't buy a house right now.
sooner or later everyone is going to have to get off the fence and make a move or you are correct, it will crumble.
I don't mean for this to be a shot at you, but it's your exact attitude that is causing the housing market to get shittier and shittier. As long as people are sitting around waiting for it to get worse, it will. We have to make a move and go forward with our lives or we can all sit around looking at each other waiting for the other person to make the move and it will never happen.


of course, i am a little biased......

[Pesce Nero]

building cost are lower than they have been in 15 years. building lots are low. rates are killer. even DAVID FREAKING RAMSEY has been saying you are a fool if you don't buy a house right now.
sooner or later everyone is going to have to get off the fence and make a move or you are correct, it will crumble.
I don't mean for this to be a shot at you, but it's your exact attitude that is causing the housing market to get shittier and shittier. As long as people are sitting around waiting for it to get worse, it will. We have to make a move and go forward with our lives or we can all sit around looking at each other waiting for the other person to make the move and it will never happen.


of course, i am a little biased......

wes, i agree completely with everything you said except circumstances are out of control now. every day, another company lays off or lets go another 15,000 people. a guy with a credit rating of 690 cant buy a car. cant get the sirius radio that is installed in the car( i own sirius stock and it hasnt treated me good), salesmen cant make the sale so he cant eat at his favorite restaraunt, the waitress cant pay her rent and her cats are now eating mice so cat food isnt selling.....

[WWhittle]

wes, i agree completely with everything you said except circumstances are out of control now. every day, another company lays off or lets go another 15,000 people. a guy with a credit rating of 690 cant buy a car. cant get the sirius radio that is installed in the car( i own sirius stock and it hasnt treated me good), salesmen cant make the sale so he cant eat at his favorite restaraunt, the waitress cant pay her rent and her cats are now eating mice so cat food isnt selling.....


i can't argue with that, you are right.....i guess my point was that sooner or later we have to move on with our lives and then all those things you listed will reverse themselves. just like it trickles down, it will trickle up.
but either way, i get your point and for the most part we are on the same page.

[Pesce Nero]

building cost are lower than they have been in 15 years. building lots are low. rates are killer. even DAVID FREAKING RAMSEY has been saying you are a fool if you don't buy a house right now.
sooner or later everyone is going to have to get off the fence and make a move or you are correct, it will crumble.
I don't mean for this to be a shot at you, but it's your exact attitude that is causing the housing market to get shittier and shittier. As long as people are sitting around waiting for it to get worse, it will. We have to make a move and go forward with our lives or we can all sit around looking at each other waiting for the other person to make the move and it will never happen.


of course, i am a little biased......


what really pisses me off, i saw a article saying Bernake should be named man of the year or some shit like that for his work on the TARP fund. his constant raising interest rates near the end of 06 and during all of 07 coupled with the spike in gas prices is what put the wheels in motion for this whole mess. this is something i'm sure your aware of Wes. he was trying to slow things down and look at where prime rate is now, 0

[WWhittle]

what really pisses me off, i saw a article saying Bernake should be named man of the year or some shit like that for his work on the TARP fund. his constant raising interest rates near the end of 06 and during all of 07 coupled with the spike in gas prices is what put the wheels in motion for this whole mess. this is something i'm sure your aware of Wes. he was trying to slow things down and look at where prime rate is now, 0



TARP fund is about to get tapped out. I just hope they put some fine print on those checks to force it into something that will help.

i didn't hear anything about man of the year. they need to save that award for someone who can straighten this mess out.

[Pesce Nero]

Obama next week, tune in

[Darryl Buckner]

Well where do I jump into this one at? Screw Chrysler! And GM, and Ford if necessary. Chrysler supposedly is going out at the end of 2009, atleast according to some pretty reliable Edward Jones and Merrill Lynch contacts, hell who would of ever thought that Toyota would ever be 3rd in the truck market, well they are they just bumped Dodge to 4th. The reason I say screw the car companies, are the unions. We are competing with japanese companies , that have more pride in their work, lesser paid, and for the most part make an equal or better product. Nothing against Chrysler, but if the federal government was giving out bail money, they ought to give money to everyone but Chrysler. Chrysler faced bankrupsy before and didn't learn. But back to the unions they pork the system for all its worth. Forklift drivers making 85000 per year at GM, front seat installer getting 28.00 an hour, and plant maintenance men sitting on their ass during the week, so they can do the job on the weekend, and get double time. I am so tired of bailouts, if the government has that much of our money to bail out all these companies, they are obviously taking way too much out of our checks. Let them bankrupt, that is the beauty of this country, someone else who thinks they can do a better job will eventually pick up the scraps and run with it, but at a savings, because the union will be gone, and they will hire regular workers at a fair wage for what they know. Wes is right with everyone living in fear of what will happen next, don't get me wrong I am counting pennies in my business like Wes is, but for me it is business as usual. From what I have read, the trucking business is getting ready to take another hit in the form of Mearsk leaving the Charleston Port in the next 2 years. Sorry for the rant guys..

[Pesce Nero]

mearsk wants out because of the unions too:hide:

[Darryl Buckner]

Seems like the companies would learn. I have a good one for everyone. How about my sons science teacher got fired the other day. Here's the kicker. With the school district cut backs, the school principal, at my sons school, in his great wisdom, decided instead of each teacher taking a couple extra days off during the year, due to budget cut backs, he would instead fire the other science teacher. Now my sons science class has about 50 kids in there. All I can say is wow!!! And this is the kind of person that is with your kids all day long...:confused:

[LXtasy]

The more people are afraid to spend any money the worse the economy will get. If you don't spend, someone out there won't receive. If they don't receive they don't spend.

Wes, I am going to buy a house. Just still hitting it hard searching around. I still spend money like usual. Except with cuts from sidework to help slow my spending down. But as long as I am employed and making money I will spend. Now, we don't go out to eat all the time and we don't spend frivelously either.

[WWhittle]

The more people are afraid to spend any money the worse the economy will get. If you don't spend, someone out there won't receive. If they don't receive they don't spend.

Wes, I am going to buy a house. Just still hitting it hard searching around. I still spend money like usual. Except with cuts from sidework to help slow my spending down. But as long as I am employed and making money I will spend. Now, we don't go out to eat all the time and we don't spend frivelously either.


even if it gets worse, you still won't go wrong buying now. you are on the right track- good luck in your search- i am sure you will make out great.

[chrisheltra]

I guess the wife and I are just in the right job market b/c we havent taken a hit except for our 401K's. I guess it all just depend on what you do for a living. It sucks for me to have to say that but it looks to be true. But I guess our day may and will come eventually just like everybody elses if the shit hits the fan in a major way.

PS I didnt read the whole thread just where Darryl B had his rant so if this is off topic sorry.

God bless Obama AKA The Messiah:roll: (He will fix it all for us, Youll see):hysterical:

[Pesce Nero]

LXTASY, your citigroup up 25% today.

[LXtasy]

i know :D

[WWhittle]

LX-
a little off subject but hows the house hunting going? from what i am hearing, the $150,000 and under is moving pretty good. Is that what you are seeing from the buyers perspective? I am thinking about buying up some affordable lots and building some $150k or less houses. If they don't sell i could always rent them.

[LXtasy]

Build me a 150k or less home :D

We have looked at roughly easily over 50+ homes. It sucks. Hard to find nice size bedrooms and 2+ baths that are not cramped or in bad areas.

Garages or space available for a nice garage in the back at least. Kinda picky. And the wife wants a decent size kitchen.

[WWhittle]

Build me a 150k or less home :D

We have looked at roughly easily over 50+ homes. It sucks. Hard to find nice size bedrooms and 2+ baths that are not cramped or in bad areas.

Garages or space available for a nice garage in the back at least. Kinda picky. And the wife wants a decent size kitchen.



it's hard to get all that and a good price. i am leaning towards affordable housing in todays times. there are lots to be bought but its alot of work to weed through the ones that are in SUPER shitty areas.

do you know anything about Berkley Country Club? I know nothing about it but it's one of the places i have found some lots.

[LXtasy]

Some parts are good others are more along the lines of boulder bluff style (house sizes , lot sizes and overall condition of homes)

[08 Racecraft]

it's hard to get all that and a good price. i am leaning towards affordable housing in todays times. there are lots to be bought but its alot of work to weed through the ones that are in SUPER shitty areas.

do you know anything about Berkley Country Club? I know nothing about it but it's one of the places i have found some lots.Let play golf its a good 18 haha

[Pesce Nero]

OIL UP 6% GOLD UP 4% they are making their move.

hey wes, how much are those lots in Berkely country club? i live across the street. some of the new houses were in the 300's plus and i think all the new ones are brick of some flavor.

[WWhittle]

OIL UP 6% GOLD UP 4% they are making their move.

hey wes, how much are those lots in Berkely country club? i live across the street. some of the new houses were in the 300's plus and i think all the new ones are brick of some flavor.


They go from 25k on up but i haven't made the drive out there yet to see what the catch is.

[LXtasy]

I can save you cost on the HVAC :D That will lower your cost as well :wink:

[Pesce Nero]

how long did the dot com boom last? a year or so the housing boom was 2003 to 2006, oil boom was a year maybe

is it now GOLDS time. $700 in november to $986 now. my pathetic portfolio is actually up in the past month because of one stock i bought when this thread first started and that is AUY at $5.00 and i hope when it goes over the $10 mark it will take off because of fund managers that are not allowed to have stocks below 10

other plays on gold without actually buying gold
GLD
GDX
AEM

bank of america had a 60% gain during the past week. i was going to buy at 4.66, idnt pull the trigger. CEO of BOA bought a million shares or something like that and stock went over $6.20 and is now down around 4.30.

every stock is near the november lows of the big crash

[LXtasy]

I still say SILVER personally over gold. That's just me though.

[Pesce Nero]

I still say SILVER personally over gold. That's just me though.

ok, if you wanted to buy silver, how are you going to buy it? short or long term commodity contracts on a bet? i dont think there is a ETF that follows silver like GLD does for GOLD. i could be wrong though. are there silver mine stocks? just dont know how you would get into silver

edit: silver etf is SLV. 52 week high/low 20/8 trading at 13