Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  


Go Back   > >

Foo Off-Topic chit chat with no general subject.

User Tag List

Reply
 
Thread Tools Search this Thread
Old 09-11-06, 07:34 PM   #1
EJ123
'05 NUEser
Thread Starter
 
EJ123's Avatar
 
Join Date: Aug 2005
Bikes:
Posts: 3,370
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Nice stock companies

In school im doing this extracircular thing and we are doing that stock market game. I want to win. I need some semi large or small companies that will be good to invest. I have 500k+ to spend. How many shares, and in what company should I do. Ive already done SBUX so dont say it
EJ123 is offline   Reply With Quote
Old 09-11-06, 07:41 PM   #2
jyossarian
SERENITY NOW!!!
 
jyossarian's Avatar
 
Join Date: Aug 2005
Location: In the 212
Bikes: Haro Vector, IRO Rob Roy, Bianchi Veloce
Posts: 8,756
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Invest it all in whatever company makes Monster Energy. Invest the remainder in oil companies, haliburton and any other companies the Bushies endow w/ their patronage.
__________________
HHCMF - Take pride in your ability to amaze lesser mortals! - MikeR



We demand rigidly defined areas of doubt and uncertainty!
jyossarian is offline   Reply With Quote
Old 09-11-06, 07:55 PM   #3
jschen
riding once again
 
jschen's Avatar
 
Join Date: Oct 2005
Location: San Diego, CA
Bikes: '06 Cervelo R3, '05 Specialized Allez
Posts: 7,359
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Follow Danno's advice or my advice in this thread. Remember, the objective is not sound investing. The objective is to win a game. Don't confuse the two, and don't confuse strategies for these two very different objectives.
__________________
If you notice this notice then you will notice that this notice is not worth noticing.
jschen is offline   Reply With Quote
Old 09-11-06, 08:10 PM   #4
Taerom
Hazardous
 
Taerom's Avatar
 
Join Date: Jun 2005
Location: Quarantine
Bikes: 2005 Trek Liquid 55, 2009 Haro Mary SS
Posts: 727
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Heh, I remember doing that in high school. Is it stocksquest.com? In the game we played, the game was actually about 15 minutes behind the real market, so you could cheat so easily. Just check how the real stocks did overnight just as the real markets open, and buy a bunch of whatever stocks did good. 15 minutes later when the game markets open, you'll have made a crap load of money...
Taerom is offline   Reply With Quote
Old 09-11-06, 08:14 PM   #5
DannoXYZ 
Senior Member
 
DannoXYZ's Avatar
 
Join Date: Jul 2005
Location: Saratoga, CA
Bikes:
Posts: 11,600
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I've been doing pretty well shorting real-estate stocks this past year...

Rather than looking for "sure win" picks, take a little more time to learn about how the players in the market affect pricing of stocks. Remember the Dutch tulip craze or pet-rocks or cabbage-patch kids, etc? Same thing with the stock market. It's the mental state of the next buyer and what they're willing to pay you for that stock which determine the pricing... learn to get into their heads...

Unfortunately a lot of the existing paradigm in investments come out of the Depression era and is primarily geared towards picking companies with high dividend yields. Back in the '50s, getting a 20-30% dividend was common. Nowadays, good luck getting getting 1-2%.

So I suggest not seeking out "hot tips", but learning various strategies in the stock-market. Then figuring out which strategies will yield the highest profit for any given stock. Any stock is in one of three states, it's going up, it's going down, it's staying flat. You can make money regardless of what it's doing, but you have to select the proper tactic. Do your homework.

The biggest stumbling block is emotional-control, managing greed, ego and fear. The levels and up & down swings of these emotions seems to be in proportion to the amount of real money you have in the market. There are people who win big playing simulations, they know the tactics and strategies like the back of their hand and they've got impeccable timing at getting in and out. However, when they got real money on the line, they freeze up like bambi in the headlights as their account gets smaller and smaller and smaller... suckerzzzz!!!

Anyway, be very, very wary of who and what kind of information you learn from people. Implicit with that knowledge will be the results that person has achieved. No one can tell you how to get a result that they themselves have not achieved. If CPAs, stockbrokers and financial-planners really know how to make it big in the stock-market, they'd be retired making millions in their own accounts and sipping mai-tais on the beach. NOT working full-time 8-5, 5-days/week managing OTHER people's millions... heh, heh...

PM'd you more info...

Last edited by DannoXYZ; 09-11-06 at 08:48 PM.
DannoXYZ is offline   Reply With Quote
Old 09-11-06, 08:22 PM   #6
chadasm
Hopeless Romantic
 
chadasm's Avatar
 
Join Date: Jul 2006
Location: Lovington, NM
Bikes: 2005 Soul Cycles Loki; 1987 Schwinn Predator
Posts: 14
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Taerom
Heh, I remember doing that in high school. Is it stocksquest.com? In the game we played, the game was actually about 15 minutes behind the real market, so you could cheat so easily. Just check how the real stocks did overnight just as the real markets open, and buy a bunch of whatever stocks did good. 15 minutes later when the game markets open, you'll have made a crap load of money...

If only one could do something like that in real life and not have to explain it to a judge in a federal court.
chadasm is offline   Reply With Quote
Old 09-11-06, 08:47 PM   #7
DannoXYZ 
Senior Member
 
DannoXYZ's Avatar
 
Join Date: Jul 2005
Location: Saratoga, CA
Bikes:
Posts: 11,600
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Well... they actually do get away with stuff like that... If the judge didn't overhear you making that deal on the golf-course, you're in the clear...

BTW - jschen's right on, these games are short-term poker-matches. They have real-life investment challenges as well where you play with $100-500k of real money. The payoff is really just bragging rights and getting written up on the cover of Barron's and stuff (these guys already have so much money, they couldn't care less about making more, they're probably already using $10k bricks of $100 bills for firewood as it is).

Usually the top-winners each year rack up +200-300% returns during the 2-3 months of the game, but you never see them again. The specific strategy they used was fine-tuned and honed for that particular time-frame only and after that, it's kaput! There are however, guys who place consistently in the top-10 placings with +100-200% returns and they can keep it up year after year. These are the ones you want to follow and learn form... one of them was actually out here recently looking at racehorses... That's his new investment technique... heh, heh...

Last edited by DannoXYZ; 10-19-06 at 01:52 PM.
DannoXYZ is offline   Reply With Quote
Old 09-11-06, 09:12 PM   #8
Michigander
Senior Member
 
Michigander's Avatar
 
Join Date: May 2005
Bikes: Giant ATX 1200, Schwinn Peleton
Posts: 1,724
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 35 Post(s)
I did that **** in a math class once in high school. Every cent of my hypothetical funds went to rock shox.
__________________
Bring back the Sig Test!


(\__/)
(='.'=)
(")_(")
Michigander is online now   Reply With Quote
Old 09-11-06, 09:41 PM   #9
Shifty
Sore saddle cyclist
 
Shifty's Avatar
 
Join Date: Jan 2005
Location: Eugene, OR
Bikes: Road, touring and mountain
Posts: 3,848
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Interest rates are higher, so look at banks and big mortgage lenders. Prices of metals is soaring, copper and steel prices have almost doubled in the last one year, research companies that process copper, aluminium, and Nucor Steel, their profits are very high at the moment. Memory chips companies are making money also, but some are involved in a price fixing investigation right now, avoid Samsung and Hynix for that reason. Look at Advanced Micro Devices (AMD), they are gaining market share on Intel. There is always biotech, look at Amgen for a trend.
Shifty is offline   Reply With Quote
Old 09-12-06, 05:45 AM   #10
EJ123
'05 NUEser
Thread Starter
 
EJ123's Avatar
 
Join Date: Aug 2005
Bikes:
Posts: 3,370
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Horay thanks
EJ123 is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -6. The time now is 04:32 PM.