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husker_lee

Veteran

Joined: Nov, 2008

Posts: 1059

Posted: Sep. 16, 2017 - 11:19 PM ET #1

Ive got about 1000 extra bucks i want to invest in some stocks and just looking to make 10% return. Whats your advise for me?

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husker_lee

Veteran

Joined: Nov, 2008

Posts: 1059

Posted: Sep. 21, 2017 - 9:54 PM ET #2

anyone??

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wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 56778

Posted: Sep. 21, 2017 - 10:35 PM ET #3

My advice is keep saving money and when you have more you can invest.

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husker_lee

Veteran

Joined: Nov, 2008

Posts: 1059

Posted: Sep. 22, 2017 - 5:49 PM ET #4

How much more, Wallstreet?

I've got about 8k saved for fun money but just wanted to see what I could do in the market before placing it all.

Thanks for the response!

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JOHNNY_ODAE

Veteran

Joined: Mar, 2011

Posts: 2211

Posted: Sep. 25, 2017 - 4:34 PM ET #5

Just get started!!! @ 19 on the advice of my Uncle, he had me purchase a oz. of gold somewhere in the 28-30$ range. Got paid every two weeks back then and pretty sure my first cheques were around 300$. I still remember a case of beer was 5.40 (lol) . So every month I bought my 2 ozs and to this day it was by far the best advice I have ever received. 2nd one from my father, never recommend anyone for anything. Let them earn it on merit. Hope this helps!! JUST GET STARTED

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lovethedough

Veteran

Joined: Nov, 2009

Posts: 4422

Posted: Sep. 27, 2017 - 12:13 PM ET #6

Get a td ameritrade account, transfer from checking account into it.

Put all your money on either Amazon, Alibaba, or Apple.. when they are a little cheap. Like Amazon this morning was at 938... good time to buy. So say you have Amazon... wait till it shoots up 2 percent, then look to see if the other 2 dropped a little... then switch to one of the other 2 when it's at a little discount.

Now, if Trump doesn't get his tax cuts, and everything goes to hell.... switch to SDOW. it aggressively shorts the dow Jones. So if the markets crash...you make a killing.

I've been doing this for years, never had to buy sdow so far. But the 3 other stocks, I always bounce around between them and made a ton of money. They are all great stocks. As of now, long term, Alibaba is the best overall. Apple is great. Amazon I'm cautious, but it will probably keep making people a fortune the next 20 years.

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lovethedough

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Joined: Nov, 2009

Posts: 4422

Posted: Sep. 27, 2017 - 12:16 PM ET #7

So much better and easier than sports betting, and you get paid instantly.

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husker_lee

Veteran

Joined: Nov, 2008

Posts: 1059

Posted: Sep. 27, 2017 - 9:16 PM ET #8

lovethedough....thanks for the advice!! I think I can handle that

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