October 19, 201015 yr Author I think Cincinnati Bell (CBB) is a nice hold for the next few weeks. . I don't do any investing where my timeframe is measured in "weeks."
October 19, 201015 yr I don't do any investing where my timeframe is measured in "weeks." You just don't like monitoring it or what? I like to have something on the side to play with other than long term trades.
October 19, 201015 yr Author You just don't like monitoring it or what? I like to have something on the side to play with other than long term trades. I like to invest in good companies vs good opportunities which can be different. Too many variables can affect a short-term (ie weeks) opportunity. Plus, I do NOT like to monitor investments very often.
October 19, 201015 yr ^ I think Monitoring them is the most fun thing about it. I will check back in with you in 3 weeks with my 10% gain. I got it at 2.58.
October 19, 201015 yr Author ^ I think Monitoring them is the most fun thing about it. I will check back in with you in 3 weeks with my 10% gain. I got it at 2.58. I hope it works out for you. We all have our styles. I can go well over a month and never think about checking my accounts. I do subscribe to a service that sends me updates on their thoughts. I'll read those to see if anything catches my attention.
October 19, 201015 yr Author Does anyone subscribe to "The Motley Fool"? I subscribe to them. It's been a good resource.
October 19, 201015 yr I subscribe to them. It's been a good resource. I get the emails, but don't pay for the info. What was the company they were touting last week b/c of smart phones? I don't have many individual stocks, but I have some disposable cash and I'm jumping in really soon. What kind of money would you say I would need to be willing to invest per year to subscribe to something like that?
October 19, 201015 yr Author I get the emails, but don't pay for the info. What was the company they were touting last week b/c of smart phones? I don't have many individual stocks, but I have some disposable cash and I'm jumping in really soon. What kind of money would you say I would need to be willing to invest per year to subscribe to something like that? They have different services. I subscribe to one called "Stock Advisor" which I'm guessing is about $200 per year. Each month the two brothers give a few of their favorite picks plus give you updates on their past recommendations. I have had a lot of success with it. It doesn't take much of a return to get your $200 back plus it's educational.
October 19, 201015 yr What service do you guys use to trade? Etrade and Zecco (They have the cheapest trades).
October 19, 201015 yr Question for anybody in this thread: I am a 20 year old college student with $5,000 to potentially invest. Who should I go talk to or where should I go to get the best advice on what to do with it? I can't stand money just sitting in the bank not working to build upon itself.
October 19, 201015 yr Author Question for anybody in this thread: I am a 20 year old college student with $5,000 to potentially invest. Who should I go talk to or where should I go to get the best advice on what to do with it? I can't stand money just sitting in the bank not working to build upon itself. The first question you have to answer is when will you need to dip into it? 1 year? 5 years? As far as whom to talk to you have a couple of options: 1. Someone you know (ie someone's dad who is in the business) and 2. more important than #1 is to educate yourself . Never take any one person's advice. I had a great advisor for a while but he also had many, many accounts so his attention was elsewhere (understandably ) and I wasn't a focus. I ended up just using him to placed the trades I came up with using other resources which meant I was not really gaining value from him.
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