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View Poll Results: Do u invest in Stocks/Bonds etc!
Yes I invest 93 91.18%
NO I hate RISK. 9 8.82%
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      06-09-2006, 11:01 AM   #1
ADHD
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Who Invests??

who invests money here and if u do how old r u and do u invest your money yourself,online,or a broker!
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      06-09-2006, 11:02 AM   #2
findtom
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I invest my money at the BMW dealership.
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      06-09-2006, 11:04 AM   #3
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I had some stocks in the past, but no longer. I made about $800. I have a few government bonds now. I use Charles Schwab.
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      06-09-2006, 11:06 AM   #4
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Quote:
Originally Posted by findtom
I invest my money at the BMW dealership.
lololol..thats not investing bud..Thats spending your money! BUt I did the same thing 37K cash!
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      06-09-2006, 12:55 PM   #5
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I've been thinking about starting something up. I just don't know where to start, how to start, and what to do. I want money, and lots of it. Or, atleast more than I have now. Maybe I should sell drugs. Cocaine is quite popular here........
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      06-09-2006, 02:13 PM   #6
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anyone who doesn't have their money in some sort of investment

(401K, IRA, mutual funds, stocks,bonds, real estate.........)

is a world class dummy
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      06-09-2006, 03:24 PM   #7
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I have been on Etrade since I was 10

I bought MCRS at 14 dollars, it split, now it is somewhere around 40-50 dollars a share


I made 2,000 dollars when I was only 10 and a half...not a bad start
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      06-09-2006, 03:25 PM   #8
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i invest in stocks alot, was a good year.... if only i didn't loose 10g's in the last 3 weeks ;> but this year im up big
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      06-09-2006, 04:12 PM   #9
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Quote:
Originally Posted by hunter399
I have been on Etrade since I was 10

I bought MCRS at 14 dollars, it split, now it is somewhere around 40-50 dollars a share


I made 2,000 dollars when I was only 10 and a half...not a bad start
Got some smart parents there ryan....Good for u... I wish my parents would have done some shit like that for me but NO..They blew it all!

I invest in vanguard and have an ING account as well for the time being but I really need to start buying more stocks for the long run..Im 24 right know so if i invest 2k a year for the next20years ill be a baller!
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      06-09-2006, 04:50 PM   #10
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max out your 401K too!!!


I'm 28 and hitting the annual Max on 401K contributions, have been for 3 years so far already. It's going to pay off bigtime down the road

I also use a site www.fool.com and I buy their hidden gems newsletter, it gives you small companies that they've researched to find huge future gains. It's all about paying for research, I don't have the time or expertise to get it right myself.
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      06-09-2006, 06:30 PM   #11
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401K, 529 plans, mutual funds, brokerage accounts. I'm investment rich and cash poor.
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      06-09-2006, 06:45 PM   #12
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I'm 31 and started investing when I was about 25 (didn't have a dime to my name until I finished school). I had just gotten married at the time and we decided to take any money we recieved from the wedding and open an investment account.

Afterwards, we started out putting 5% of our income into 403b/401K accounts each year. Each year we increased the percentage until they were maxed out each year. Since we were young, we set up aggressive portfolios. After we changed jobs, we rolled the money over into IRA's and started maxing those out each year as well. The remainder of my savings goes into a regular brokerage account (TD Ameritrade). Though I will probably consolidate everything to Merrill Lynch or Schwab in the next few years.

My plan is to continue to save and invest in this manner and with modest returns I should be able to reproduce my income from interest before I turn 50.
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      06-09-2006, 06:47 PM   #13
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Yes saving for retirement early, money market accounts, mutual funds, roth ira, sep ira, CDs, bonds, etc.
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      06-09-2006, 07:05 PM   #14
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Quote:
Originally Posted by ward
max out your 401K too!!!


I'm 28 and hitting the annual Max on 401K contributions, have been for 3 years so far already. It's going to pay off bigtime down the road

I also use a site www.fool.com and I buy their hidden gems newsletter, it gives you small companies that they've researched to find huge future gains. It's all about paying for research, I don't have the time or expertise to get it right myself.
How is that hidden gems newsletter? Have their picks performed well?
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      06-09-2006, 07:21 PM   #15
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I've only been using that letter for about 6 months,

I was up pretty well until the mini crash of the last month or so

I'll attach their "scorecard" for their picks vs the market,

up until a couple of weeks ago there was much more green and hardly any red
Attached Images
File Type: pdf Hidden Gems [Scorecard].pdf (56.5 KB, 137 views)
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      06-10-2006, 09:49 AM   #16
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Quote:
Originally Posted by ADHD
who invests money here and if u do how old r u and do u invest your money yourself,online,or a broker!
its my largest expense (because of my wife). i invest through my wife who works at an investment firm. what difference does it make as to how old i am. i started investing when i was 22 and have never stopped.
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      06-10-2006, 09:56 AM   #17
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Originally Posted by Brunotheboxer
its my largest expense (because of my wife). i invest through my wife who works at an investment firm. what difference does it make as to how old i am. i started investing when i was 22 and have never stopped.
so Illl bet u get audited every year too! It makes a difference of how old u r because im sure at 22 u invested a lot different than if your 40 know..Thats the only reason I asked that..
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      06-10-2006, 10:40 AM   #18
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I'm 24 and my wife is 25. We like investing and making sure it's diversified.
Our investments include: our home, two rental units, maxing out both of our 401k's, stocks, tax deferred bonds, and mutual funds.
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      06-10-2006, 10:58 AM   #19
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Quote:
Originally Posted by ADHD
so Illl bet u get audited every year too! It makes a difference of how old u r because im sure at 22 u invested a lot different than if your 40 know..Thats the only reason I asked that..
no, i have never been audited. i've always invested aggressively in mutual funds and stocks. what does your age have to do with being audited, i'm not seeing the connection.
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      06-10-2006, 11:17 AM   #20
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Quote:
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no, i have never been audited. i've always invested aggressively in mutual funds and stocks. what does your age have to do with being audited, i'm not seeing the connection.
your wife bud! having your wife work for an investment firm and having her invest for u...I would think u would get audited due to that fact sorry I dont explain myself well!

I starting to see I need to put my lots of my money in stocks/bonds not so much short term stuff..Thanks for all the good info guys!
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      06-10-2006, 11:18 AM   #21
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My wife and I run a real-estate investment company. Alberta is probably the hottest real-estate market in the world right now. My personal residence has gone up 75% in 2.5 years and that's about average here.

We focus on larger projects like condo-conversions and RV resort properties in BC and offer 1st or 2nd mortgage investments at 12% or 18% fixed rates. When you start to compound an 18% fixed rate investment, you will double your money in 4 years. Considering it's RRSP eligible (same as 401K in the US), it's a nice way to make your RSP's grow FAST.

Sorry for the shameless plug... but PM me if you need info on investing in Canadian real-estate.

I sure wish I knew about investing when I was younger! To those of you who are investing and you are under 25 - good on you!!
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      06-10-2006, 11:24 AM   #22
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Quote:
Originally Posted by 3s-a-charm
My wife and I run a real-estate investment company. Alberta is probably the hottest real-estate market in the world right now. My personal residence has gone up 75% in 2.5 years and that's about average here.

We focus on larger projects like condo-conversions and RV resort properties in BC and offer 1st or 2nd mortgage investments at 12% or 18% fixed rates. When you start to compound an 18% fixed rate investment, you will double your money in 4 years. Considering it's RRSP eligible (same as 401K in the US), it's a nice way to make your RSP's grow FAST.

Sorry for the shameless plug... but PM me if you need info on investing in Canadian real-estate.

I sure wish I knew about investing when I was younger! To those of you who are investing and you are under 25 - good on you!!

My best man has dual citenzship in canada and Us and bought land there. Hopefully soon hell build on it..Im 24 and have no credit just filed bankrupcy 2years ago so Im investing very securly..Ive taken a couple secured loans out so in a cuople months ill try to get back on my feet and apply for some cards but for the mean time I have NO credit absoluty no score it says not enough credit to make a score on all 3 reports! So im in a no good situation here....
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