Jana
New Member
I've had mine since I was....don't want to say. It was in 1993 when my parents opened it.
Jana
New Member
I would love to be part of an investment club. Even if I don't investment much (or at all in the beginning), it would be great to learn what others are doing & how their investments stand out from others.
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spek1098
Guest
Actually, capital gains is currently at 15%, under some of the latest tax cuts, for us that are in the brackets above the two lowest tax brackets, and for us in the lowest two brackets, there is currently no capital gains tax.
http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
J
JustROLLIN
Guest
Long-term capital gains, which apply to assets held for more than one year, are taxed at a lower rate than short-term gains...
It reads exactly like I explained it, anything that is held for longer than one year is taxed at a reduced rate. Anything held for less than one year, a higher rate. Unless I missed something??
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spek1098
Guest
Ahh, was unaware there was a difference between short term and long term, thought it was just capital gains. Good to know. Didn't take the time to read that whole thing...
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mazdamn02
Guest
Coffins.
dmention7
Hater
Depends on your investment goals. You're young, so your goals should be focused on money you can use decades down the road.... in which case, it's almost always best to stay the course.
If you're talking about investing that spare money you've got laying around in a savings account, I'd stick to a CD or money market... something with a small but certain return. I'd rather blow my cash on frivolous shit like video games and beer than the stock market right now.
If you're talking about investing that spare money you've got laying around in a savings account, I'd stick to a CD or money market... something with a small but certain return. I'd rather blow my cash on frivolous shit like video games and beer than the stock market right now.
mndsm
I'M OFFENDED!
I actually just dumped a portion of my check into company stock.... UHG is close to an all time low, trading at under 20$ a share pretty regularly. I have my ESPP that I can buy shares at 15% off the lowest market price for 6 months at a time....which means as low as they've been, I'll be buying in at approx 15$ a share, possibly less if the market REALLY goes to shit soon, which would be awesome. Ride that shit out for a couple years, let all the Obama fanatics herald the second coming of Jesus, and the market Skyrockets. Meanwhile, my 15$ a share stock triples, maybe splits, and I got myself a wad. Sure, it's a risk, but it's one I'm willing to take.
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JustROLLIN
Guest
Lazy response: Buy anything and everything you can right now.
I would recommend against buying when you see the light, buy when it feels the most uncomfortable. Usuaully when you see the light its already too late for some of the really big percentage moves. IMO.
I would recommend against buying when you see the light, buy when it feels the most uncomfortable. Usuaully when you see the light its already too late for some of the really big percentage moves. IMO.
ij1889
New Member
idk, id rather feel somewhat secure if im going to put the biggest chunk of my money on a company that might go bankrupt, so ill wait till ford is doing better
mndsm
I'M OFFENDED!
Without risk, there is no reward. Ford won't go bankrupt IMO. The automakers are just begging, because like in the 80's, they managed to lag so far behind the Japanese and Europeans, that they've gone ahead and gone bankrupt. I've considered buying a few hundred shares of Ford myself right now, since they're like what, 2 bucks? And setting them aside. If they go up to 40$ a share, I've made a 2000% profit, and well, that sounds good to me. They're just trying to scare the american public into thinking bailing them out is a good idea. I'd tell you what a good idea would be, but it would get me in a lot of trouble.
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DrWebster
Guest
The fact that we're "officially" in a recession doesn't make a damn bit of difference...we've been in a recession the whole time, and everyone knew it. They're simply handing us a commemorative plaque.
The problem I have with stocks is that there's too much emotion involved. The market swings because people shit their pants over stuff that may or may not happen, without looking at what's actually going on with the companies they're holding stock in. I've got some random stocks here and there -- Cisco, Freeport-McMoran, and a few others -- but I look much longer-term at them instead of being all ZOMG A BABY FARTED IN AFRICA SELL SELL SELL!!!!1!