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  1. L

    Penny stock question

    Thanks, that was really helpful. Ya, I don't think I will play penny stocks. Once in a while it seems tempting, but I know I'd lose more than I gain. Thanks again
  2. L

    Penny stock question

    Nah, I play on black. See I start with the minimum and keep doubling it if I lose.
  3. L

    Penny stock question

    Well if I spent $500, bought @ .02 and sold @ .03, thats $250 profit. I use zecco and it's like 5$ a trade, so 240$. Two questions though: what is the "spread" that eats profits? where do you see how many shares are bought/sold with each trade? Do you have to pay to get some like real-time...
  4. L

    Penny stock question

    Hey, I am curious to know if there are any obvious problems with my plan... JDO for the past few days has traded between .02 and .03. If I thought it would do the same tomorrow (.02 low and .03 high), is it easy to set up a limit buy and limit sell for those amounts? I'm thinking maybe the...
  5. L

    Advice for a teenager

    Thanks for the advice. I finally pulled the trigger sometime last week. 6,000 in Cemex (CX) and 3,000 in Vangaurd Mid cap index fund (vimsx). I'm DCA'ing 2k more into vimsx...just wish I had thought about DCA'ing into Cemex. :o
  6. L

    CX?

    How risky do you think this is. They aren't doing too well now because of the credit and housing crisis. They have a big debt, but they are like 1 of 3 major cement companies. They are laying off like 10% of their workforce, and before the bad economy they were at 20 easily. Thanks
  7. L

    internet trading account

    Thanks. My zecco account was approved about 2 hours ago. I'm going to just electronically transfer funds (3-4 days). Then, maybe GE will be lower. We'll see.
  8. L

    GE-Let's Hope This is the Last Shoe to Fall

    Man, if my zecco account was ready I was planning to do a 18.5 limit. The low was 18.4. Anyone with market experience able to tell me if I my 18.5$ buy would have gone through today. Just wondering. I am kinda hoping it wouldn't have just because I would have lost out either way. Do you think...
  9. L

    internet trading account

    Don't you get like 30 free trades at TD Ameritrade? I want to buy stock on monday, but will I be able to? I tried to set up a zecco account to buy today and I read it can take a week just to get your account approved, then the money wires take like 2-3 days. My bank is open tomorrow. Will TD...
  10. L

    Buying Freddie Mac

    I'm 19, have 6k to invest now. 1k in savings account, will have 5k in 1 month that I am going to put in vanguard total stock market index. I already have large cap mutual funds. I'm thinking I'll do all the money in GE... or 5k in GE and 1k in fannie. I've never bought stock, but I'm looking at...
  11. L

    Buying Freddie Mac

    Thanks for the reply. I'm currently look in to putting all my 6k into GE. It's at like 19$ a share. Fannie/freddie seems more risky than GE. I think eventually GE will go up. Any thoughts on GE? Thanks again
  12. L

    Buying Freddie Mac

    Is this a dumb idea? I read democrats would prolly keep the company around to allow low income people to get housing. I'm predicting obama is going to win the election, and there is a dem. majority in some part of the government or something. Its like $1.17...I'm putting at least 5k into index...
  13. L

    Advice for a teenager

    Hey thanks. I read about DVA yesterday, but it seemed to hands on ( sometimes you sell too). Next monday I will buy definately...prolly. Right now I am leaning towards the vangaurd total stock market (VTSMX) and vangaurd mid class blend (VIMSX). I want to open both with 3k in each, then add 250...
  14. L

    Advice for a teenager

    Ya, that sounds like a good idea too. I've had a few ideas, but I can't settle on any because I'm really not sure what to do. like 3-4 of the funds I have are described on morning star as: "this funds can hold up to 20% in debt securities of non-us issuers, 5% in emerging markets, and 20% in...
  15. L

    Advice for a teenager

    I'm so glad I procrastinated buying some stocks. Right now I have 6000$ to invest. I am going to start a new fund with 3000$, then dollar cost average the rest. So, I was thinking the: Vanguard Total Intl Stock Index VGTSX I looked at the other mutual funds I have setup/my dad has for me, and...
  16. L

    Advice for a teenager

    On this page: Mutual Funds: total expense ratios and total returns, mutual fund investment, mutual funds investments it says: The numbers I am currently looking at are like the total/trailing return % on google finance, morningstart, etc... For example the mutual fund JSVAX: on...
  17. L

    Advice for a teenager

    Thanks for the input and the kind words. I didn't like GIGAX because of the 5.75% front load. However, when looking at the 1,3, 5 year returns, are those before or after you pay fees? I was guessing the returns are after fees...If not, my second guess is that to reliably compare return rates...
  18. L

    Advice for a teenager

    Hello, I've been just putting my money into a savings account, and slowly researching mutual funds. I'm just guessing that now is a good of a time as ever to finally put my money in something... I have like 4k I want to invest. I was looking at these: Aberdeen Intl Equity A (GIGAX) GIGAX -...
  19. L

    Advice for a teenager

    Thanks for all the good advice. I am co-oping to make money when I am not in school, and when I am in school I'll make money through scholarships, so that's how I hope to earn $. I'll definitely continue working hard towards a computer engineering degree. It really is what I want to do. On the...
  20. L

    Advice for a teenager

    Hey, I'm 19 and I want to retire ASAP (after I start working of course). When I'm 21 I'll have a degree in Engineering and hopefully about 50-60k $ saved. When I get a full-time job my plan is to save as much as possible (maybe rent an apartment instead of buying a house)... Right now my plan is...
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