Investment Crew Check In

[Bounce]

So what positions are you guys holding right now....

I just took on this new mock portfolio for my Securities Class....I have 500K to play around with....

Professor wants us to heavily deal in derivatives -- options, futures, etc....

so far i had to jump on 250 shares of aaple due to today's announcement...

holla

[airbball23]

check out tootsie roll TR

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[mistry?]

u using stocktrak? im using that for one of my courses right now

[VDiddy]

umm..trade with real money, then you will really learn to watch the markets. right now i been riding google march options back and forth..good $800 a day..small wig style

[NJz AcE]

risky futures investments (doin this with the pops)

[PetPetz]

whats your take on ING sharebuilder?

[NJz AcE]

^ for what type of account specifically?

[PetPetz]

Let's say roughly 5-15k in between at most

[NJz AcE]

okay but im saying that, what are you planning on doing exactly??

are you going to buy a large number of shares at one time? are you going to hold onto those shares and reinvest in any dividends? what are you thinking of investing in? what programs/plans are you planning on?

i dont know too much about ING sharebuilder itself, im sure the buying/selling prices are fair..

it also depends on how many stocks your planning on buying/how many transactions your going to make..

monthly? quarterly? semi-annually? cause you dont want the commissions to kill your returns..

my pops used to mess with sharebuilder way before ING bought it, not anymore though.. our accountant handles most of our investments nowadays..

[PetPetz]

I'm new to this investment thing i just got something from ING in the mail... I wanna buy maybe at least 20 shares? before I buy of course I want to read up... i already set up an account and it seems pretty easy ... was your dad happy with sharebuilder all and all?

[xclusive1130]

i dont like ing..the commisions are on the higher side...look at etrade and scottrade...td ameritrade is also a good one..thats where i opened mine...but like ace said its all depending on what you want to do

[PetPetz]

^^ thanks guys for your input ... even though i open my account with ing... i haven't put any money yet... and i got the no monthly fee option... so i still have time to research

[indecentspeech]

dj abhi got me on to scottrade. works well.

[Bounce]

u using stocktrak? im using that for one of my courses right now

yes sir....


Ashish....I have a conservative, real, portfolio also -- but it's more on the long term size, mutual fund heavy....

what i need for this class is day-trading.....heavy on the options and futures especially....

anywhere where is abhi's usual recommendations???

[milanpatel]

right now i been riding google march options back and forth..good $800 a day..small wig style

what exactly does that mean? ( just interested )

[VDiddy]

what exactly does that mean? ( just interested )

it means you watch a particular stock and how it reacts to the market. If the market tanks but the stock holds steady, then its a bullish stock that has support. meaning on any up market day, that stock will most likely go up..meaning its call options will go up even more..meaning I make money. Same on the flip side..if the stock doesnt move up that much even if the market is up nice, then the stock will probably tank when the market goess down, and the Put value op its options will rise..meaning I will make more money.

[NJz AcE]

win win

[VDiddy]

many people think you can only make money when the stock market goes up. They will never make money like that...maybe if they hold on for 10 years they might. but if youre looking for quick short term gains like me, play it both ways..market up and market down

[NJz AcE]

any of you guys read barrons?

[xclusive1130]

many people think you can only make money when the stock market goes up. They will never make money like that...maybe if they hold on for 10 years they might. but if youre looking for quick short term gains like me, play it both ways..market up and market down

agreed...buying and selling options are a great way to make money on the short term...a lot of people turn away from them because of the premiums and other fees associated with them