Do shares make you rich?

Discussion in 'General Business' started by Nick..., Sep 27, 2007.

  1. latino_heat

    latino_heat Guest

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    #21
    shares r like percentage of industry.
    it means you r buying company stake and providing them money for growth.

    now you wanna buy google share
    current rate is $560 ....
    i suggest you buy share on a low business day in these days the price of share fall and it would be profitable for you to buy more share at low price

    now all you have to do is wait for share prices to shoot up

    and you have to sell them

    small amount of share bought profit earned will be less
    more the shares you have more you can earn

    i hope this have helped you
     
    latino_heat, Sep 27, 2007 IP
  2. ReadyToGo

    ReadyToGo Peon

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    #22
    They could issue a certificate for you for extra money.
     
    ReadyToGo, Sep 27, 2007 IP
  3. Jim4767

    Jim4767 Prominent Member

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    #23
    Nick, you sound like a sincere guy with not too much experience in high finance. I would recommend great carefulness, especially since you mentioned that you have quite a bit of money to invest.

    Others have recommended that you study and become educated in investment. Good advice.

    May I suggest another possibility as well? Safety in investing comes from diversification. For example, I am retired now and, thankfully, my wife and I are comfortably secure financially. We got there through diversified investments. Both past and present, we have been in stocks, bonds, gold shares, and real estate. A good "portfolio", in fact, is often even more diversified than that.

    Rather than put all your "eggs in one basket", consider a financial planner rather than a stock broker. A good planner will help you analyze your available finances and can construct a varied plan of investments for you. Yes, they do charge for their services. But unless you are well educated in investments, the financial planner would be well worth the fee (or commission, depending on how he/she charges). Don't just call a number in the phone book. Rather, ask around among your friends who are into investments for a recommendation of some good financial planners.

    Wishing you the best in your investments.
     
    Jim4767, Sep 27, 2007 IP
  4. bIGbIGbOY

    bIGbIGbOY Banned

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    #24
    Shares can not make you rich unless you got bulks of shares.
     
    bIGbIGbOY, Sep 27, 2007 IP
  5. zorde

    zorde Peon

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    #25
    shares make you filthy rich as long as you're the one selling them.

    Start or buy a company, build it up. get it valued (hopefully overvalued)
    Then sell shares in it.

    That is how you get rich.
     
    zorde, Sep 27, 2007 IP
  6. Connections

    Connections Well-Known Member

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    #26
    If you invest the right amount of money into the right company at the right time, yes you can make money.

    My sister workds at a bio tech investment company and one of her fellow workers said in his personal shares account for the month he had moade 1 million profit...

    I was liek DAMMMMMMMMMMMMMM, personally I have never risked it with shares =)
     
    Connections, Sep 27, 2007 IP
  7. forumrating

    forumrating Notable Member

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    #27
    it doesn't make u rich, it makes u very very rich

    shares of top companies do not bust, they grow and so do u with them. but obviously its luck, there is no 100% certainty that they can not fall, if u buy at the peak stock could fall and u would see some losses, your timing is very imp in this, also u need some luck of your own.

    long term stock holders always gain the max.
     
    forumrating, Sep 27, 2007 IP
  8. ablaye

    ablaye Well-Known Member

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    #28
    Too risky, imho.
     
    ablaye, Sep 27, 2007 IP
  9. Jim4767

    Jim4767 Prominent Member

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    #29
    My son is a graduate of a well-respected business school. Once he asked his finance professors what they did with their stock market investments. All of them recommended index funds, which track along with the movement of the stock market. For example, I have a modest amount of shares in an index fund that tracks the S&P 500 stocks. Wherever the S&P 500 goes, the mutual fund pretty much matches it exactly. Over the long haul, that particular market index will return between 10% and 11% per year. Sometimes more, sometimes less, but that is a pretty accurate historical annual average.

    For those with decades of investment, rather than a few short years, in mind, I and many others in the financial field recommend index funds. It requires zero day-to-day management by you. And if you are willing to hold for the long run, at 10-11% increase per annum, your investment will double approximately every seven years. Again, no guarantees, but the historical averages tend to come to pass if given enough time.
     
    Jim4767, Sep 27, 2007 IP
  10. nshadab

    nshadab Well-Known Member

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    #30
    Go for some blue chip companies, or OIL related, Real Estate can be a good option as well. Wait for some time, dont turst in day to day trading...
     
    nshadab, Sep 28, 2007 IP
  11. dolphinboy

    dolphinboy Peon

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    #31
    Hi
    since retiring from teaching my main source of income is from the stock market.
    I make money when the stock go up and when they go down.
    I don't buy, hold and hope.
    I don't want to get into explaining anything on this forum about my strategies - if interested to see what I am doing to make a nice living - have a look here - it will be the best investment you have made.
    Happy stockmarketing.

    http://www.planet-wealth.com/stockmarket/ref=3623

    Tony Oz :)
     
    dolphinboy, Sep 28, 2007 IP