ECM Chatroom

[slipkord]

Cliff notes?

[wtcii]

1. Go set up an ETRADE account and there is a min opening deposit of $500 but you cant do much with that so try to get $1000.
2. Research companies that interest you. Anything from the sales of their products to their CEO and see what their stock price has done the past 6 months or so.
3. Pull the trigger
4. Hopefully start watching you money pile up.
5. Spend it all on tits and blow.

[slipkord]

Sweet!!!

[b_beau_09]

I do it all myself. One of my good friends helps me out, free advice, which isn't normally recommended but I trust him. I have an ETRADE account and have it linked to my checking account. I watch stocks and CNBC all day. I probably check the market 30 times a day and update my spread sheets constantly. I have been making decent returns off bank stocks here lately. My suggestion to you is do some research on companies that interest you, for me it's banks, and get your accounts set up and linked. Then take a small amount, $1000 maybe, and pull the trigger. I'll admit, my Dad got me started with mutual funds, but once I was comfortable with the market I sold them all and reinvested in stocks. There is soooo much potential to make money. I have a double major and they are Business Administration in Banking and Finance with a concentration on financial planning and Pre Law. If I don't go to law school, then I will bet my MBA. My main stock right now is Bank of America which is up $.84 for the day so far. I think I am about to make a pretty large purchase of CITIGROUP. At $4.90 a share I can buy hundreds of shares, aka more money in the long run, hopefully, haha. BE warned though, once you start it WILL consume your life. It did for me at least haha.

Thanks for the input bill, I dont have the means right now to invest on my own, so I'm using top10traders.com to play with fake money.  I actually bought in BAC and C today and have already made about $600 return on the purchase.  I've been reading bloomberg and watching the market all day at work, just trying to learn as much as possible.  That's really where i'm at right now.. I just want as much advice as possible on how to actually get into that side of the business.. not necessarilly how to invest my own money.

[wtcii]

A lot of things aren't what you know, it's who you know. Try to surround yourself with people who know what they are talking about and you trust. For me, one of my good friends graduated in 08 with my current degree and works at RNST bank. My best friends dad is Senior Vice President of RNST. I can go to dinner with them and know exactly what to expect from the market. Nothing illegal, just it is their job and life to know about it. Just try to network and expand. I guess I have been lucky in that I have so many connections. I was in Chicago with my friend, Jeff, and I met Lex Fenwick though one of Jeff's professors. Just surround yourself with good people, that's my advice. It goes a longgg way.

[gargantula99]

All I heard was:

blah blah blah $1,000 blah blah blah tits and blow.

[slipkord]

  Pure awrsomness! 

[timot_one]

I wish I could get interested in the stock market.  I'm sure it would consume my life though.  Maybe one day, but I've got so much shit going on right now, I just can't invest the time.

[Mike]

I invested 2500 bucks in sirius XM when it was $.12 per share It closed at $1.69 today 

[wtcii]

Jeez that like 30 grand. I'd think it is still a solid investment at 1.69. How much commission did you have you pay?

[Mike]

Not much  I don't really want to get into specifics about my financials. It was prior to the xm merger, and my guy is a friend of the family who thought I was an idiot. I plan to hold this investment for four years or so or until we are ready to buy a house if having that cash on hand is required. 

[slipkord]

I hate you all. I'll invest my money in cheap fatties and yingling thank you very much

[gargantula99]

I swear if i hear another rooster at 4:30 in the morning I'm gonna go ape shit and kill the fucking thing! Fucking cocks are driving me insane! (NO HOMO COCK SUCKERS!!)

Edit: I hate rain season in the carribean!

[timot_one]

I don't invest my money in anything because I spend all my money on the high cost of living in MA and maintaining my car.  At least you don't rent Jer.  I'm much worse off than you are.  

Nelson, you're in Puerto Rico.  What would you expect?  Why don't you come back to the cold weather?

[slipkord]

I'm with you there Tim, I have no extra money to invest. If I did, I'd invest in a SC  :