Anyone Have Experience Of Playing The Stock Markets?

Discussion in 'Hip Business Network' started by Gangster Guru, Dec 3, 2016.

  1. Ged

    Ged One moment ago... HipForums Supporter

    I'm really not worth that much haha. Might be comfortable for five years if I'm frugal. I'm fracked if I know how to generate a living income from this World. But I guess I'm gonna have to try. If Basquiat is worth a hundred million then surely I can sell my stuff for a few hundred occasionally. Geez...
    1 person likes this.
  2. Ged

    Ged One moment ago... HipForums Supporter

    I blew it all on crack, crackwhores, whores and crack.
    Idlewild likes this.
  3. redshoes

    redshoes Member

    I just recently invested in some "cannabis" stocks with a couple of Canadian companies. It is my first time venturing into the world of buying stocks and I am doing it through my own investment account. I didn't have a lot of money to invest with, but it's only been five weeks and currently my cannabis stocks are up an average of 48%. I do follow the Motley Fools. My suggestions (as a newbie) are to make sure that you do your research on the company, watch the news, observe the stock for a couple of weeks (at least) to get a sense of its pattern and never invest more money than you can afford to lose (because no matter how you look at, investing in stock has its risks). Oh, yeah, try not to panic. This has been particularly necessary with cannabis stock as it is currently a bit volatile. Essentially, if I were to cash out today, I would be making $260 on a $520 investment. I will not be cashing out, however, as I think at least one of them will be a great investment over the long haul.
  4. jesss

    jesss Member

    I am so scared of making investments, just because I am scared of loosing and I get very mad if I do. :nomouth:
  5. Irminsul

    Irminsul Valkyrie

    yes every year i put 1000 on pine trees around xmas
    pumpkins for halloween
  6. Ged

    Ged One moment ago... HipForums Supporter

    How much is a McDonalds franchise? Or Maybe I could set up a chain of shoeshine stalls.
  7. Ged

    Ged One moment ago... HipForums Supporter

    The first vegan McDonalds.
  8. scratcho

    scratcho Lifetime Supporter Lifetime Supporter

    I bought some Solar Windows Technology a few years ago. Look ém up----if they get rolling---and they are--I'll be fine.
  9. SpacemanSpiff

    SpacemanSpiff You Got A Bee On You Hat Staff Member Lifetime Supporter Super Moderator

    real estate is the only way to go here

    prices just keep rising and rising
    wilsjane likes this.
  10. wilsjane

    wilsjane Member

    London must be the best place in the world to invest. Our £600 house bought in 1957 (one year of my late fathers salary at the time) is now worth 2 million.
    David0301 likes this.
  11. Ged

    Ged One moment ago... HipForums Supporter

    I'm earning around £10.000 a year just sitting on my arse. When the miserable old fart who entered my life without my consent dies I will get the house, sell, and start a small record label and book publishing house. I wonder how much the Walnut veneered Indian card playing table with the ashtrays which pull out of the sides is worth? Should pay for my air trip to New York and a few nothings in particular.
  12. jpdonleavy

    jpdonleavy Member

    I think 'peaks' should be 'piques' - this is like Americans saying 'click' for 'clique' (cleek). Maybe Canadians and Northumbirans do it too
  13. Idlewild

    Idlewild Member

    I got out about three months ago, thinking it had peaked. Oh, well... I still have a pretty good gain.
  14. Irminsul

    Irminsul Valkyrie

    It is also wise to put money down during warmer months of the soft drink companies. I find. Especially around festivals a lot of people need drinks in warm temperature. :)
  15. jpdonleavy

    jpdonleavy Member

    The first thing to do when coming into a sizeable sum of money is - to do nothing

    The second thing to do is to invest in a range of stable high dividend stocks (such as Canadian banks which average around 4%/pa and increase their dividends pretty well every year. Their stock prices may present mild volatility but this doesn't affect their dividends which are fixed, generally annually. There is moderate upside potential to bank stocks, in addition to their generous payouts. Together with dividend-paying stocks you should keep a portion of your cash in one or more money market funds, ensuring that you have daily access to a significant portion, in order to take advantage of opportunities which may arise serially as you gain knowledge.

    Some people find investing addictive. Others find it a chore. I have no idea where you fit on that spectrum.

    PS - this is not a solicitation to enter any financial transaction
  16. jpdonleavy

    jpdonleavy Member

    insightful Irm
  17. candys

    candys Member

    It seems to be interesting, but personally I try to avoid any risky investments and cooperations.I used to check any companies through datapo to reduce the risks of cooperations. It's database where they daily collect all records about companies and their activities. Forewarned is forearmed.
    Last edited: Mar 16, 2018 at 3:42 AM

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