Stocks/Mutal Funds

[ELITEofWARMANGINGERYBREADMEN88]

Hey,


any of you guys own stock and/or mutal funds?

I got one (partens got it for me when I was born 15 years ago)


Janus Research Fund

JAMRX

[Beirut]

Well hello Mr. New Assistant Moderator. ~:smoking:

I own several thousand shares of a (now defunct) mining company that my father bought for me when I was about seven. I'm holding on to them just in case time flows backwards and I can make a buck. Or maybe one day they'll kick back in a strike gold. Who knows?

Other than that, I buy lottery tickets like all the other shmoos.

*Oh yeah, about ten (fifteen?) years ago I got ripped off for $5K US buying some Ben & Jerry's stocks. I threw in my cash with two other guys to buy a block of 1500 shares and one of the guys and my 5k went "Poof!"

[Odin]

Hey,


any of you guys own stock and/or mutal funds?



Yes, I own both.

[Ser Clegane]

Some stocks, some mutual funds (no stock funds though - the funds are investing in bonds)

[ELITEofWARMANGINGERYBREADMEN88]

Well hello Mr. New Assistant Moderator. ~:smoking:

I own several thousand shares of a (now defunct) mining company that my father bought for me when I was about seven. I'm holding on to them just in case time flows backwards and I can make a buck. Or maybe one day they'll kick back in a strike gold. Who knows?

Other than that, I buy lottery tickets like all the other shmoos.

*Oh yeah, about ten (fifteen?) years ago I got ripped off for $5K US buying some Ben & Jerry's stocks. I threw in my cash with two other guys to buy a block of 1500 shares and one of the guys and my 5k went "Poof!"


Hello Moderator Mr.Beirut:egypt:


Yea, My Grandpartents (grandfather is 88, 89 this month, grandmother is 83, you think they would sell the stocks by now...:yes: ), own almost 9,000 Dollars worth of AT&T Stock.

[TinCow]

I am invested in several diversified risk mutual funds directly, as well as through both traditional and Roth IRA accounts in both my name and my wife's. I avoid individual stocks, as they are too prone to fluctuation which is unhealthy for long-term investment. Also, I am far too lazy and unknowledgable to do my own trading, so mutual funds are the quick and easy way to do things.

[Odin]

I'm curious, other then acknowledgement of who has them is there some other inquiry forthcoming regarding the subject?

Not trying to be a smart rear end, as I'd love to participate in a more indepth discussion on investments.

[ELITEofWARMANGINGERYBREADMEN88]

I'm curious, other then acknowledgement of who has them is there some other inquiry forthcoming regarding the subject?

Not trying to be a smart rear end, as I'd love to participate in a more indepth discussion on investments.


How much do you have invested?


I have about 1,258 dollars or so in my mutal fund. Dunno how much Interest (21 Percent yearly or something,don't remember)

[Ice]

Yes

I own shares of Exxon Mobile (Ticker XOM)

[spmetla]

I am invested in several diversified risk mutual funds directly, as well as through both traditional and Roth IRA accounts in both my name and my wife's. I avoid individual stocks, as they are too prone to fluctuation which is unhealthy for long-term investment. Also, I am far too lazy and unknowledgable to do my own trading, so mutual funds are the quick and easy way to do things.

I'm in the same boat as you TinCow, I finally decided earlier this year to take some of my money out of CDs and put them in something a bit riskier so I went with mutal funds. I don't know too much about the whole deal but I know my mutual fund is focusing on buy overseas stocks which with the US $'s decline of the past few months seem to be doing alright. I actually should check in with the manager of it in a week or so. If it goes well I'll probably put some more of my money in another mutual fund next year.

[Odin]

How much do you have invested?


I have about 1,258 dollars or so in my mutal fund. Dunno how much Interest (21 Percent yearly or something,don't remember)

Well I wasnt anticpating revealing how much I have in investments, more like content and so forth, but no big deal. I have a fair amount invested.

Anyway congrats on your mutual fund and remember to review it from time to time.

:medievalcheers:

[nokhor]

i've been heavily invested in a mutual stock fund fior a little bit over a year. it's non-diversified high risk, extremely volatile. i know that i'm supposed to diversify and i'm not supposed to watch it every day and blah blah blah all that stuff but i'm young enough that i won't really learn my lesson unless i take a really huge hit in lossesand i'm young enough to recover from it. I don't invest in stocks for the same reasons as TinCow and i don't understand them as completely as i do mutual funds. if things continure to go well with this fund as it has so far, i plan on splitting the capital bewteen this one and another non-diversified one i've already selected in 2-3 years.

[Lorenzo_H]

I don't have either. I think it's because my family do business very conservatively. Funds and Stocks can almost be considered gambling, because, well, you are taking a gamble aren't you?

[nokhor]

from what i've seen, investors differentiate themselves from gambling by the amount of time spent waiting for the gamble/investment to mature. gambling usually takes hours to days whereas investing takes years to decades.

[spmetla]

In all fairness though investors are able to make some decisions based on past performance of the company, general economic situation and other stuff. A gambler is just as likely/unlikely to win each time they draw a card, roll a die, or work the one armed bandit.

[Shahed]

Well considering I worked in the trading room, it would be weird if I had'nt invested myself.

GRATS on ur promotion SOLDIER !