[SeX1eStAsaBa]

Do you invest?

I'm trying to get into investments but was wondering if any of you guys have done it yet? And how well has it paid off?

Grrr.....I'm such a money grubber.

[watcher]

Do you invest?

I'm trying to get into investments but was wondering if any of you guys have done it yet? And how well has it paid off?

Grrr.....I'm such a money grubber.

currently only have mutual funds, but will be getting into stock in a bit. or if my friends finally save up, consider commercial property. i wouldn't invest thinking short term though. not only is it hard, but greed has a tendency to keep you from making rational decisions

[Tuffcore]

Canadian Mining and Energy sectors.

Lately, i've been playing "ASW - Anglo Swiss" on the TSX-venture exchange.

I bought in at $0.47 in January and then again at $0.27 in February. It kept going down until resistance at $0.20 and stayed there for over a week. Then, right when i didn't have enough free cash, the stock took off. Today, it's trading at $0.30 and going up fast.

[watcher]

aapl and mcd are doing pretty well lately... both are up 3~5% since monday. i should've just opened an e-trade account instead of waiting for my new fund manager to set up the account for me. oh well...

[Tuffcore]

aapl and mcd are doing pretty well lately... both are up 3~5% since monday. i should've just opened an e-trade account instead of waiting for my new fund manager to set up the account for me. oh well...

What are those two stocks about?

[watcher]

What are those two stocks about?

apple and mcdonalds? or were you asking a different question?

[Tuffcore]

apple and mcdonalds? or were you asking a different question?

lol that's the answer i was looking for actually. I wasn't familiar with their tickers.

but why McDonalds? I would think they would be going down.

[watcher]

lol that's the answer i was looking for actually. I wasn't familiar with their tickers.

but why McDonalds? I would think they would be going down.

mcdonalds is following the sign of the times. commercials, product diversification, etc. Their more recent campaign pushing for $2 iced lattes is gonna add some heat to starbucks and other coffee vendors across the US. why buy that $4 latte when you can have an equally good one for $2 and have your chicken snack wrap too?

some people think mcdonalds will suffer like it did after the tech bust, but i think MCD has become much more saavy and will hold its own. i'm lookin forward to earnings around the 3rd or 4th quarter. i think they'll hit between 60~65 by the end of year, but no lower than their current ~55.

that's just my take though. i think mcdonalds runs a good business. barring any kind of major disaster event, they're good to go for a little while before competition catches up. it's a company i'd hold onto for the next couple of years before i decide to hold more or sell.

[edit]
on a more interesting note, google just beat earnings. jumped 7% after market closed. yowzers!

[SeX1eStAsaBa]

Dang all of that just flew over my head. How'd you guys get started and what sources have you guys been reading to get a head start?

I was thinking about mutual funds too but wasn't sure which ones I was gonna choose. I've been googling up all these sources but it kind of hard for me to understand all the jargons, lol. I'll keep working on it and hopefully get started soon.

Can you guys make sense into this kind of investment?

The One-Year $1 Million Challenge

[watcher]

Dang all of that just flew over my head. How'd you guys get started and what sources have you guys been reading to get a head start?

I was thinking about mutual funds too but wasn't sure which ones I was gonna choose. I've been googling up all these sources but it kind of hard for me to understand all the jargons, lol. I'll keep working on it and hopefully get started soon.

Can you guys make sense into this kind of investment?

The One-Year $1 Million Challenge

it just means if you invest $20,500 at the age of 26, and assuming your investment grows at 10% per year for 41 years, that 20K investment will become 1 million by the time you're 67. it's not really an investment plan. it's just a calculation that takes into account a few different factors.

anyways... i just read news and books on finance when i got started. cnbc.com is my home page for my browser and bookmarked wall street journal and yahoo finance. i've read some investment books by jim cramer, which i guess are good starts, but you just have to soak your mind into everything going on to get a feel for it.

the biggest help for me was actually starting to read on the housing bubble, which opened me up to pretty much everything going on in the economy, which ended up branching out into everything i know about investing in the market thus far. i still got a long way to go though, but i'm glad i'm learning something new everyday.

[addicted2kdrama]

How much are you investing?

I'd invest on index funds. I want to try ETF's also but I need 50k =/.

Oil exploration companies on the gulf. That's major $$$. I recovered from the hit and up thousands too bad it's virtual money and tax free. lol

currently only have mutual funds, but will be getting into stock in a bit. or if my friends finally save up, consider commercial property. i wouldn't invest thinking short term though. not only is it hard, but greed has a tendency to keep you from making rational decisions

No investments in an IRA/ROTH IRA?

[papabear]

currently only have mutual funds, but will be getting into stock in a bit. or if my friends finally save up, consider commercial property. i wouldn't invest thinking short term though. not only is it hard, but greed has a tendency to keep you from making rational decisions

huh, commercial property? why?

[watcher]

How much are you investing?

I'd invest on index funds. I want to try ETF's also but I need 50k =/.

Oil exploration companies on the gulf. That's major $$$. I recovered from the hit and up thousands too bad it's virtual money and tax free. lol



No investments in an IRA/ROTH IRA?

i got an IRA. rolled over my 401K into it... if i stayed at my old company 6 more months, i could've kept the money they matched... oh well.

huh, commercial property? why?

so i could give you a job just in case. im lookin out for ur best interest man... you should be happy for me

[Tuffcore]

mcdonalds is following the sign of the times. commercials, product diversification, etc. Their more recent campaign pushing for $2 iced lattes is gonna add some heat to starbucks and other coffee vendors across the US. why buy that $4 latte when you can have an equally good one for $2 and have your chicken snack wrap too?

Yea but in my neighbourhood, people are health conscious. McDonalds is the symbol of fat and all that unhealthy stuff. It tastes good but everybody knows better.

Short term, i suppose it can pump out innovative ideas that boosts revenue for awhile until the fad dies down or until they come up with something else. Long term, i just see more and more people staying away from this place because people want to eat healthier.

Have they started to go trans fat free yet?

on a more interesting note, google just beat earnings. jumped 7% after market closed. yowzers!

I'm a "small cap"/"pink sheet" kind of investor and actually want to be more of a day trader and become more active. I like to look at penny stocks that double or triple over the course of a week. It's swinging for the homerun but it's exciting!

It's hard though without much free capital to play with.

Didn't Google IPO at $70 or something a few years back? and Mel Gibson bought $500-million worth of it? That SOB is rich!

[watcher]

Yea but in my neighbourhood, people are health conscious. McDonalds is the symbol of fat and all that unhealthy stuff. It tastes good but everybody knows better.

Short term, i suppose it can pump out innovative ideas that boosts revenue for awhile until the fad dies down or until they come up with something else. Long term, i just see more and more people staying away from this place because people want to eat healthier.

Have they started to go trans fat free yet?


I'm a "small cap"/"pink sheet" kind of investor and actually want to be more of a day trader and become more active. I like to look at penny stocks that double or triple over the course of a week. It's swinging for the homerun but it's exciting!

It's hard though without much free capital to play with.

Didn't Google IPO at $70 or something a few years back? and Mel Gibson bought $500-million worth of it? That SOB is rich!

there's much more to MCD than that. real estate is one of the key factors for mcdonalds. mcdonalds restaurants on average are located in areas with more traffic than most other places, and it's something they've done on purpose. one of the former mcdonalds execs said something of this nature: "we're not in the food selling business. we're in real estate." real estate is actually one of their biggest strengths.

also, while their food is not dirt cheap, it's still cheap. it's also convenient, and they do provide healthy options. i don't know what MCD's are like in your area, but a lot of MCD's in metro areas offer salad, yogurt/fruit parfait, grilled chicken sandwiches and other healthy alternatives.

no one can really make a definite call for any company in the long term, but given that mcdonalds has come this far in their business strategy, who is to say they wont keep up with the trends that are coming in the future? they've already done pretty well so far, going up 400% over the past 5 years.

anyways... small cap is great, but requires too much time and effort. i just want to let my money sit and grow while i use my time for other things than waiting for the next press release or earnings to come out.

[Tuffcore]

One of the former mcdonalds execs said something of this nature: "we're not in the food selling business. we're in real estate." real estate is actually one of their biggest strengths.

Hmm how I heard that before too. But, how does real estate factor into McDonalds earnings?

[papabear]

so i could give you a job just in case. im lookin out for ur best interest man... you should be happy for me

commercial property doesn't seem like a great investment to me

[watcher]

Hmm how I heard that before too. But, how does real estate factor into McDonalds earnings?

being at the right spot means more customers coming to your restaurant, and more customers = more profit

commercial property doesn't seem like a great investment to me

depends on the building, location, etc. as well as the market factors that determine purchasing price. i'm not for sure yet, but i'm open to the thought.

[papabear]

i'd be worried about finding people who can lease once things get bad -- so it comes to whether you believe the Keynsians/Chicago school, the Austrian school, or some other school of economics.

[thyun]

being at the right spot means more customers coming to your restaurant, and more customers = more profit



depends on the building, location, etc. as well as the market factors that determine purchasing price. i'm not for sure yet, but i'm open to the thought.

I think that quote is from Robert Kiyosaki's "Rich Dad, Poor Dad". I thought, by that quote, the exec meant that since he picked up lucrative real estate when it was cheaper, now he's made a fortune. Does that really affect their earnings?