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I'm buying stock

Anything related to investing, including crypto

Lights

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I'm buying stock, no idea what I am going to do, but I am going to put 2 k down for it.

I want a stock that has these qualities

1. Will be a success in 4 years. (not short-term. and don't care if it fails either, but hope for the best)
2. Will be more risky than safe.
3. Highly recommend

send me a pm, if you know one that you like. greatly appreciate.
 
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Speedy

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A good start is DVAX - a drug developing company. I did research on it when it was $1.90, recently bought it when it was $2.65. now it is $3.69. It is waiting on FDA to approve. Once it approve this stock with jump over night, double triple. Chances are $10+. Do more research on it. If you like it, buy it, don't wait until end of Jan.
Another good stock that you might like is AKS. Steel company. I bought it when it was $6.68, now it's $9.11. I can't suggest you buy this stock, but I know after market regain to its feet, and construction will booming, steel with be on high demand. Check it out!
 

458

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Throw your money in the ocean, it will save you lots of time and energy in the long run.
 

ptiz

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Throw your money in the ocean, it will save you lots of time and energy in the long run.

THIS ^^^^^^

If you read MJ's book, he says not to trust other people to do the work for you. There is nothing wrong with asking for advice, but you should at least be knowledgeable about what you are getting into. Throwing 2k into the stock market is not going to make you much money if you have no idea what you are doing.

My personal opinion is that you should use that money to start a business. Investing keeps you rich, it doesn't make you rich (most of the time).
 

yveskleinsky

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Lights, if there is one thing that you are it is a no nonsense opportunist. I would think that if anyone could look around and find a need to fill it, and do whatever it takes to get it off the ground, it would be you--so I'm a little baffled as to where and why the idea of buying stocks comes from--and trusting others for stock tips. That just doesn't seem like something you would do.

My guess is that if you took your quality of being a no nonsense opportunist and channeled it in a positive way you would go really far.
 
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Pete799p

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Titan iron ore. The article I read could have been incorrect as I have not investigated it myself but it is an upand comming mine that was started by a guy who led another copper to million or billions cant remeber. Anyways the company supposedly has found a great tract of land once owned by the rail road and could be sitting on a billion dollar steel reserve.

Mines are notorious for being like the lottery of stocks. They trade for a few buck until they find out whether or not the property they are exploring is worth anything. If it is then the company can be worth billions and if not its bust. If you are looking to roll the dice miners are a good place to look.

If this is not your only 2k then I think it could be a fine idea. Everybody is so negative about this but I know there are plenty of people on this forum who blew more then 2k on a weekend in Vegas so if you are just looking to gamble then have fun.
 
D

DeletedUser2

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Lights, if there is one thing that you are it is a no nonsense opportunist.

That has to be one of the best qoutes I have read all week! awesome

My guess is that if you took your quality of being a no nonsense opportunist and channeled it in a positive way you would go really far.

and this is so right on the money I just laughed hard.

Very brilliant and succinct observation!
 
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Kak

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I honestly think if you have to ask this question you are better off driving to Vegas to put your money on black.

2k at a 100% annual return for 4 years straight will only amount to: 32k. Good luck getting 15%.
 

socaldude

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a speculator looks at what the price is gonna do, an investor looks at what the asset is gonna do. don't waste your money, you are better off taking your money and shredding it.
 
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geneaux

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NFLX - Netflix is beaten down enough. If they get their act together it could gain back significantly.
 

Rickson9

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a speculator looks at what the price is gonna do, an investor looks at what the asset is gonna do. don't waste your money, you are better off taking your money and shredding it.

At least take it to Vegas and have some fun!
 

socaldude

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NFLX - Netflix is beaten down enough. If they get their act together it could gain back significantly.

Netflix's management is not impressive hahaha, competition is heating up in the streaming video industry, especially from amazon.
 
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Rickson9

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Competition is bad for business (but good for consumers). If a business needs to spend a lot of money on innovation/R&D; that's a problem.

"In business, imitation is the sincerest form of battery."
 

trader26

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First,
You must understand that when you purchase a stock your exit point is much more important then when you enter a position.
Stocks are easy to get into, sometimes hard to get out. Do not get married to a stock because a divorce can be very expensive. :smxB:
Step one: Before you buy a stock you need to get financially educated. Do not throw 2k in just some stock because odds are you will lose money. Why not first buy a book or heck go to library and get a book about stocks for free. Learn and then take action! Stocks are a dime a dozen and really the stock itself doesn't matter. What it boils down to is the price of the stock and movement. Demacro points out in his book that you need a financial education. Also, in an article Demarco put out it tells you where he puts his money. It's better to listen to him because he is already making it happen!
 

arohan

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Good long term investing is not about buying stock. It is about buying a business. Only buy stock in a company that you would love to own outright.
 
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youngballer

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I just invested in Tata motors TTM which has a really good forecast. A couple other stocks I would recomend are Kraft foods KFT, YUM!, and Jarden Corp JAH.
 

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