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Getbig Main Boards => Gossip & Opinions => Topic started by: JOHN MATRIX on June 24, 2008, 11:53:43 AM

Title: does anybody really know what the 'Stock Market' is?
Post by: JOHN MATRIX on June 24, 2008, 11:53:43 AM
ive never understood what exactly the stock market is, whats its for, how it works, or what all those people running around on the floor are actually doing. but apparently lots of people make lots of money just by 'buying stock' and i want to know how to do this.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Mars on June 24, 2008, 11:54:51 AM
good question, i never understanded it either.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Camel Jockey on June 24, 2008, 12:01:00 PM
A stock market is where you trade shares in a publicly held company(corporation)

Price of the share goes up or down depending on earnings and economic conditions. People make money by holding the stocks as ownership assets in another company and selling them at higher prices than what they bought them for, and also through dividends(income from the stock).

It's not complicated at all.. lol Investing in stocks however isn't as easy as people think
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: JOHN MATRIX on June 24, 2008, 12:04:44 PM
so basically you would just pick a company whose value you think is going to increase, buy some of their 'stock' and hope that it increases in value so you can sell it and make a profit? that sounds easy enough
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: G o a t b o y on June 24, 2008, 12:06:52 PM
A stock market is where you trade shares in a publicly held company(corporation)

Price of the share goes up or down depending on earnings and economic conditions how many drinks Ben Bernanke has the night before the FOMC meeting .



Fixed! :D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Camel Jockey on June 24, 2008, 12:08:32 PM
ive never understood what exactly the stock market is, whats its for, how it works, or what all those people running around on the floor are actually doing. but apparently lots of people make lots of money just by 'buying stock' and i want to know how to do this.

And you can't make money just buying stock.. You are buying a share of another company and if the stock price increases your share is worth more and you're worth more, and you call sell it for more than what you paid. It's not just about selling it, but also about holding it as an asset and making it a part of your net worth.

There are tons of internet brokerages lol

The only industries you could really make anything these days = oil/energy tech, metal

I hope this was a joke on your part. Not knowing one of the fundamental building blocks of American business = america further down the shitter

Quote
Fixed!

Epic cutting the federal funds rate
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: slaveboy1980 on June 24, 2008, 12:09:11 PM
the fundamental idea isnt complicated at all.

buy-sell.

i have worked as a stockbroker. fucking boring.  :D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: G o a t b o y on June 24, 2008, 12:10:44 PM

The only industries you could really make anything these days = oil/energy tech, metal


Or you can short the fuck out of things, as I've been doing off and on since Christmas.  :D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: chainsaw on June 24, 2008, 12:19:01 PM
Privately held companies that need funding, and money to grow,
goto a special banker, that divides shares of that company up
and puts it on the market as an IPO (NEw Company).

Companies have to have a certain amount of income to even qualify
to be on the market.

When the shares are put up, they get the money initially sold to the public.
That is the only time the company makes money on the sale of stock.

Then the stock is traded according to demand.

It works like a auction.

This is an extremely watered down version of how it works.

Go here http://www.investors.com/learn/default.asp?tn=left
and you will learn greatly.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: G o a t b o y on June 24, 2008, 12:25:18 PM

Then the stock is traded according to demand, which is largely determined by how many beers Ben Bernanke has the night before the FOMC meeting.



 ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: wavelength on June 24, 2008, 12:28:37 PM
ive never understood what exactly the stock market is, whats its for, how it works, or what all those people running around on the floor are actually doing. but apparently lots of people make lots of money just by 'buying stock' and i want to know how to do this.

It's where 'experts' tell people that they can make money without working.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Camel Jockey on June 24, 2008, 12:31:28 PM
It's where 'experts' tell people that they can make money without working.

lol Too bad it isn't that easy.. if it were, then we'd all be rich mofos

People get the same ideas with real estate.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Petrucci on June 24, 2008, 12:35:31 PM
lol Too bad it isn't that easy.. if it were, then we'd all be rich mofos

People get the same ideas with real estate.

its not easy, but there is TONS of money there to be made...I play a little with stockings, but i intend to make that my real job in some time....

the market its hard for newbs...but if you study enough and you are a little lucky, the money is there
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: wavelength on June 24, 2008, 12:41:39 PM
lol Too bad it isn't that easy.. if it were, then we'd all be rich mofos

People get the same ideas with real estate.

But that's what it is. Anyone who believes he can outsmart the market persistently (without being able to influence it, like the big players) is delusional. In the end the money always goes from the small to the big investors for that very reason.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Ron on June 24, 2008, 12:58:12 PM
Quote
I hope this was a joke on your part. Not knowing one of the fundamental building blocks of American business = america further down the shitter

Not many people know what the actual 'stock market' is, nor actually buy or sell stocks.  So it is actually a good question. And once you get into stocks, bonds, futures, mutual funds, short and long, T-Bills, and tax free funds, it gets really complicated. Plus how much percentage it costs you to buy or sell the stocks, and how much percentage it costs to maintain a mutual fund yearly.

From one definition "A market is a public place where things are bought and sold. The term "stock market" refers to the business of buying and selling stock", but in this age, most of it is electronic anyway.

It is not easy. You can get very lucky, or lose. I have done both.  Nowadays, I dwell in Mutual Funds.


Title: Re: does anybody really know what the 'Stock Market' is?
Post by: G o a t b o y on June 24, 2008, 01:00:07 PM
Not many people know what the actual 'stock market' is, nor actually buy or sell stocks.  So it is actually a good question. And once you get into stocks, bonds, futures, mutual funds, short and long, T-Bills, and tax free funds, it gets really complicated. Plus how much percentage it costs you to buy or sell the stocks, and how much percentage it costs to maintain a mutual fund yearly.

From one definition "A market is a public place where things are bought and sold. The term "stock market" refers to the business of buying and selling stock", but in this age, most of it is electronic anyway.

It is not easy. You can get very lucky, or lose. I have done both.  Nowadays, I dwell in Mutual Funds.





A Jew was needed to properly explain this.   Thanks, Ron!  :D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 01:03:40 PM
Or you can short the fuck out of things, as I've been doing off and on since Christmas.  :D

Are you saying that some smarter "guys" like "us" are above the market?
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: G o a t b o y on June 24, 2008, 01:07:21 PM
Are you saying that some smarter "guys" like "us" are above the market?


YHOO?  I can't believe anyone would get anywhere near it, long or short, given the whole on again/off again MSFT debacle.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 01:08:16 PM
YHOO?  I can't believe anyone would get anywhere near it, long or short, given the whole on again/off again MSFT debacle.

It's not over. Wait and see...
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Camel Jockey on June 24, 2008, 01:11:18 PM

A Jew was needed to properly explain this.   Thanks, Ron!  :D

 ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Fury on June 24, 2008, 01:15:18 PM
Are you saying that some smarter "guys" like "us" are above the market?


How long have you had that Google stock? Would've loved to have had $10 million to buy shares with on their IPO.  >:(
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: wavelength on June 24, 2008, 01:16:21 PM
It is not easy. You can get very lucky, or lose. I have done both.  Nowadays, I dwell in Mutual Funds.

That's probably the best advise. In a nutshell: Swim with the big fish. You will get fucked in any case, but this way you will get fucked less.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Croatch on June 24, 2008, 01:16:28 PM
It's not over. Wait and see...
Google has a problem with splitting I see. :D  Are they going to wait for a $1000 price per share?
MSFT hasn't done jack in 4 years.  Good thing I got in at the wrong time. ::)
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 01:25:09 PM

I don't understand your strategy... you're long both YHOO and GOOG.   I can't envision a situation where they would both rise in response to either the success or final failure of a MSFT deal with YHOO.

Sell GOOG right after 2Q results and hold on YAHOO until the end of the summer. GOOG had a very good Q2 (I made sure of that) and Yang is being pressured pretty bad to at least sell the search business to MSFT, which yea will mean most likely a loss of revenue for GOOG as what's being outsourced to them will be pulled out... I'll be out by then.

Hope I'm right; my getbig posting has been interfering with my trading of the late.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: G o a t b o y on June 24, 2008, 01:28:25 PM
Hope I'm right; my getbig posting has been interfering with my trading of the late.

 ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Neurotoxin on June 24, 2008, 02:47:22 PM

Or you can short the fuck out of things, as I've been doing off and on since Christmas.  :D



 ;)
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 03:48:09 PM
;)


Look which aids family invested bitch is crawling back... didn't u used to say goatboy knew nothing and  nowopenly kissing his ass?

Only in Jersey.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 04:06:59 PM
::)

Oil will indeed most likely be in the range comes christmas time.

Are there things shmoe?
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: SUPREME BEING on June 24, 2008, 04:22:34 PM
Oil will indeed most likely be in the range comes christmas time.

Are there things shmoe?

Your basing this on what??

Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 04:24:55 PM
Your basing this on what??

on what Neurotuckedin kindly informed us on a bb message board ::)
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: SUPREME BEING on June 24, 2008, 04:26:22 PM

Or you can short the fuck out of things, as I've been doing off and on since Christmas.  :D

Yeah sure you did  ::)

So you picked all the turns in the year thus far lol In reality you probably shorted the lows and bought the highs as most of the general public thinking they are smart and take a turn at being traders did lol.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: SUPREME BEING on June 24, 2008, 04:27:51 PM
on what Neurotuckedin kindly informed us on a bb message board ::)

Cute!

I am referring to your oil comment. Making a prediction in a market in which you have no edge whatsoever. I simply wish to know your reasoning.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Camel Jockey on June 24, 2008, 04:41:29 PM
Brutal financial advice from a bbing message board  ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: SUPREME BEING on June 24, 2008, 04:52:00 PM
Oh rite, are those real quotes from Alex, if so then i advise this guy has no fucking clue what he is talking about it.

Everyone has a niche and i am sure computers are his.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: pumpher on June 24, 2008, 04:52:59 PM
Oh rite, are those real quotes from Alex, if so then i advise this guy has no fucking clue what he is talking about it.

Everyone has a niche and i am sure computers are his.

and eating... ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Petrucci on June 24, 2008, 05:52:49 PM
That's probably the best advise. In a nutshell: Swim with the big fish. You will get fucked in any case, but this way you will get fucked less.

best advice for non experts....We are just little fishes in a ocean of sharks and whales...the secret is to swim with the sharks and take what they left off the food....

you will not get a entire fish for yourself, but at least your are more protected...
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 05:53:11 PM
yes.  hahaaaaaaaa !  ;D
NT


Settle down 'Rear-O-dicked-in'...

claiming to be a "market expert" on a muscleboard = pathetic. There are better places, obviously you stick around for your lust of the muscular 'men'..

Take everything with a grain of salt. Be a bigger man than your brother and don't contract aids.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: JOHN MATRIX on June 24, 2008, 06:22:50 PM
is this something that only jews use?
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Alex23 on June 24, 2008, 06:28:45 PM
is this something that only jews use?

Yes it's called common sense ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: arce377 on June 24, 2008, 08:52:05 PM
...
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: pumpher on June 24, 2008, 08:56:48 PM
is this something that only jews use?

You can convert  ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: Tapeworm on June 24, 2008, 08:57:23 PM
is this something that only jews use?

Tsk tsk... and you wonder why you wear the sheeny curse.
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: onlyme on June 24, 2008, 11:37:28 PM
I'm sure with all there experience Goatballs and Candyass are experts and have made millions in the stock market.  Can't wait to hear their advice ::)
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: gymrat75 on June 24, 2008, 11:45:07 PM
A good rule of thumb is to find out what a new US President is holding in stocks and mirror them. Like when Bush was elected, if you would have know that his entire portfolio is nothing but oil and gas stocks, you would be a fricking millionaire now!!!  ;D
Title: Re: does anybody really know what the 'Stock Market' is?
Post by: youandme on June 25, 2008, 07:22:51 AM
is this something that only jews use?

want me to make you some potato pancakes?