PWA "The Lounge"

[ShnOmac]

Originally Posted by 1320junkie

My folks got me started when I was 17..lol

Got to start sometime right??? Seriously if you have any tidbits feel free to throw them my way. Im just starting at the whole "let my money make money" thing and im pretty clueless..... Something I wish I would have learned about a looooong time ago!

[ljustin293]

Originally Posted by shnomac77

Got to start sometime right??? Seriously if you have any tidbits feel free to throw them my way. Im just starting at the whole "let my money make money" thing and im pretty clueless..... Something I wish I would have learned about a looooong time ago!

I've saved some pretty good money..all going to the car though...

[1320junkie]

Originally Posted by FenwickHockey65

I got started at 16.

Of course, I started investing months before the economy went haywire.

My luck sucks.

you can never go wrong with property near college towns and healthcare stocks

[WildClay]

Originally Posted by shnomac77

Okay... I want investment lessons....

Buy low, Sell High, don't get greedy, don't be afraid to take your money off the table when you are up, they play with the markets money. Never short stocks and never invest more than you can afford to lose.

Seriously though, only two options if you are going to invest, spend a lot of time up front learning the basics and start slow, or buy in to managed funds (but not right now) One of the best investments right now is cash and will be until the deflation ends and inflation starts.

[FenwickHockey65]

Originally Posted by 1320junkie

you can never go wrong with property near college towns and healthcare stocks

Definitely considering investing in healthcare.

Still kicking myself for not throwing a few thousand into Ford when they were under $2.00/share.

[ShnOmac]

Originally Posted by WildClay

Buy low, Sell High, don't get greedy, don't be afraid to take your money off the table when you are up, they play with the markets money. Never short stocks and never invest more than you can afford to lose.

Seriously though, only two options if you are going to invest, spend a lot of time up front learning the basics and start slow, or buy in to managed funds (but not right now) One of the best investments right now is cash and will be until the deflation ends and inflation starts.

I am about to show my ignorance in this subject.....
How do you invest in "cash".....

[Number 3]

Good night future Camaro5 millionaires.

Buy Megamillions lotto tickets.......over 300 million. Cannnnnnn't lose. You heard it hear first.

[ShnOmac]

Originally Posted by WildClay

Seriously though, only two options if you are going to invest, spend a lot of time up front learning the basics and start slow, or buy in to managed funds (but not right now) One of the best investments right now is cash and will be until the deflation ends and inflation starts.

There is so much information I dont even know where to start!

[1320junkie]

Originally Posted by shnomac77

Got to start sometime right??? Seriously if you have any tidbits feel free to throw them my way. Im just starting at the whole "let my money make money" thing and im pretty clueless..... Something I wish I would have learned about a looooong time ago!

Well I just left my last job so I am watching everything right now..but me and some friends bought some apartment complexes and homes near a few college towns in the south...and healthcare stocks always do well...I've been sitting on a few strong tech stocks i.e. Cisco since before the craziness and it's still going well. If you are looking for a quick return it's not going to happen...but if you are planning on down the road you will be okay. My folks got me started when i was 17 i went to college..bought a house and rented out 3 rooms while living in the other..that paid the mortgage and the other money when into stocks and other property way back since 1991..also check out Dividend Reinvestment Plans (DRIPS) yeah read up on those

[ShnOmac]

Originally Posted by Number 3

Good night future Camaro5 millionaires.

Buy Megamillions lotto tickets.......over 300 million. Cannnnnnn't lose. You heard it hear first.

#3 is feisty tonight????
Night "3"

[Number 3]

Originally Posted by shnomac77

There is so much information I dont even know where to start!

There is this guy with an infomercial on the TV. For $300 he will send you his fool proof DVDs on how to make millions in real estate.

Now I'm going to bed.

[FenwickHockey65]

Originally Posted by Number 3

Good night future Camaro5 millionaires.

Buy Megamillions lotto tickets.......over 300 million. Cannnnnnn't lose. You heard it hear first.

We've bought a few tickets...first things we buy if we win is my CGM 2SS/RS, my dad's ZR1, and my mom's CTS-V.

[ljustin293]

Originally Posted by Number 3

Good night future Camaro5 millionaires.

Buy Megamillions lotto tickets.......over 300 million. Cannnnnnn't lose. You heard it hear first.

I think i'll just do that...


and i'll buy everyone the camaro they want...( just in the PWA thread)

[ShnOmac]

Originally Posted by 1320junkie

Well I just left my last job so I am watching everything right now..but me and some friends bought some apartment complexes and homes near a few college towns in the south...and healthcare stocks always do well...I've been sitting on a few strong tech stocks i.e. Cisco since before the craziness and it's still going well. If you are looking for a quick return it's not going to happen...but if you are planning on down the road you will be okay. My folks got me started when i was 17 i went to college..bought a house and rented out 3 rooms while living in the other..that paid the mortgage and the other money when into stocks and other property way back since 1991..also check out Dividend Reinvestment Plans (DRIPS) yeah read up on those

I will read into the DRIPS.......
Im not looking for quick turnaround more of a future thing..... thanks junkie!