i purchased some stock today

jonathan_matos5 · #1 03-26-2010, 02:10 PM

i bought a single share of Microsoft today. (aren't i a big spender)

so far i have lost $0.35

i could have taken a toll road across town for that

i think i will hold on to this one though

karrot-x · #2 03-26-2010, 02:15 PM

Clearly you have much to learn.

drteeth · #3 03-26-2010, 02:23 PM

So much to learn.

Lesson 1: don't invest in stocks if you're not prepared to lose.
Lesson 2: spread your investments to even out marker-specific fluctuations.

jonathan_matos5 · #4 03-26-2010, 02:30 PM

Quote:

Originally Posted by drteeth

So much to learn.

Lesson 1: don't invest in stocks if you're not prepared to lose.
Lesson 2: spread your investments to even out marker-specific fluctuations.

i will diversify over time. i plan on doing some research and expanding my portfolio. for now i'm looking at the big tech companies and perhaps oil. if i had a larger amount to invest i would go with some of the larger mutual funds.

im not a complete idiot just never had the funds available to get into it. now i have a small amount and im seeing if i can get a better rate than my savings account.

RWP · #5 03-26-2010, 03:22 PM

BIDU the Chinese equivalent of Google has a P/E of 95. Yet with Google getting out of China I am hearing it is a buy.

**bassybill** · #6 03-26-2010, 03:52 PM

You won't lose money on your MS stock if you play long and strong.

Just you watch how much money you make on that when Apple go out of business in 2014.

drteeth · #7 03-26-2010, 03:54 PM

Quote:

Originally Posted by bassybill

You won't lose money on your MS stock if you play long and strong.

Just you watch how much money you make on that when Apple go out of business in 2014.

Well he'll have to buy more than one share to make money.

**bassybill** · #8 03-26-2010, 04:02 PM

Nah - when Microsoft take over the entire world (except for the last pockets of resistance on the Galapagos islands), anybody with even a single share will be rich beyond our dreams of wildest avarice. They'll all revel in their riches whilst they laugh at the rest of us shovelling obsolete iBooks into huge landfills. Well, okay - medium size landfills. Widely scattered.

Jools4001 · #9 03-26-2010, 04:02 PM

Quote:

Originally Posted by jonathan_matos5

i bought a single share of Microsoft today. (aren't i a big spender)

so far i have lost $0.35

i could have taken a toll road across town for that

i think i will hold on to this one though

Hmmm....One share, lost $035, but you're going to hold depite those hefty losses. Maybe you know something we don't?

Smacks of 'insider dealing' to me

need4mospd · #10 03-26-2010, 04:04 PM

I'd be hesitant getting into the stock market right now, especially as an individual investor. Even if you're prepared to spend HOURS every day doing the research, the big boys will always beat you. Insider trading, high frequency trading, etc... Almost feel safer putting the life savings in a slot machine... But alas, here I am saying you shouldn't invest when a chunk of my own money is in the pot as well.

As for M$FT, doesn't really look like a good buy to me, but then again people could say the same about any stock and come back the next day to see 10% gains. It does seem fairly stable for the long run though. They're not going anywhere anytime soon. The market really is unpredictable though...

JimB52 · #11 03-26-2010, 04:06 PM

I don't like gambling.

drteeth · #12 03-26-2010, 04:13 PM

Quote:

Originally Posted by bassybill

Nah - when Microsoft take over the entire world (except for the last pockets of resistance on the Galapagos islands), anybody with even a single share will be rich beyond our dreams of wildest avarice. They'll all revel in their riches whilst they laugh at the rest of us shovelling obsolete iBooks into huge landfills. Well, okay - medium size landfills. Widely scattered.

Well you buy 1 share of Microsoft, I'll buy 1 share of google. Then we wait and see who wins.

There can be only one!

Johnny Crab · #13 03-26-2010, 04:15 PM

Read here: http://www.tickerforum.org/cgi-ticker/akcs-www

If you're serious and/or concerned, consider the paid membership.
That forum saved my 401k by showing me why the July 2008 and forward crash was coming. My 401k stuff went out of equities due to what I learned there.

fdeck · #14 03-26-2010, 04:30 PM

Quote:

Originally Posted by drteeth

Well you buy 1 share of Microsoft, I'll buy 1 share of google. Then we wait and see who wins.

There can be only one!

I thought that Sun Microsystems was going to topple Microsoft. Or Apple.

But in any event, if the relative prospects of those businesses can be predicted based on widespread knowledge, then it would already be reflected in their relative share prices.

fdeck · #15 03-26-2010, 04:30 PM

Quote:

Originally Posted by Johnny Crab

Read here: http://www.tickerforum.org/cgi-ticker/akcs-www

If you're serious and/or concerned, consider the paid membership.
That forum saved my 401k by showing me why the July 2008 and forward crash was coming. My 401k stuff went out of equities due to what I learned there.

Did you get back in when it bottomed out?

drteeth · #16 03-26-2010, 04:33 PM

Quote:

Originally Posted by fdeck

I thought that Sun Microsystems was going to topple Microsoft. Or Apple.

But in any event, if the relative prospects of those businesses can be predicted based on widespread knowledge, then it would already be reflected in their relative share prices.

I did not expect my joke to attract a serious answer.

Of course, knowledge does not equal share price. Nor does performance, or quality of work. In the end, the only thing determining a company's share price is the value (present and expected) of the company as perceived by individuals.

UnsungZeros · #17 03-26-2010, 11:23 PM

Quote:

Originally Posted by jonathan_matos5

i bought a single share of Microsoft today. (aren't i a big spender)

I realize you're just getting your feet wet, but you're going to have to buy more than one share of a stock at a time if you ever plan on making up the loss on the commission.

jonathan_matos5 · #18 03-26-2010, 11:39 PM

Quote:

Originally Posted by UnsungZeros

I realize you're just getting your feet wet, but you're going to have to buy more than one share of a stock at a time if you ever plan on making up the loss on the commission.

this i am aware of. i plan to buy more than one share on all future endeavors.

santucci218 · #19 03-26-2010, 11:58 PM

hey john, where did you buy it? link me please. this thread makes me want to look into it.

**bassybill** · #20 03-27-2010, 03:56 AM

Quote:

Originally Posted by drteeth

Well you buy 1 share of Microsoft, I'll buy 1 share of google. Then we wait and see who wins.

There can be only one!

Ah, but what you haven't factored in is the way Google goes completely broke at the end of this year when the scandal about what the board have been doing with everyone's personal browsing info leads to a global boycott, war in Scandinavia and assassination attempts on CEOs of some of the world's biggest direct marketing companies.