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Originally posted by metalgearsolid What do you mean by that? Does she spend all your money?

Something like that. At least it's a good excuse.

Oil touched 78$/barrel, gold is at 660+; both because of geo-pol situations in Israel. But surprisingly USD didnt had much fall.

USD selloff pending next week; sell USD/CAD as it is the best bet. With rising commodity prices like of oil and gold Canadian Dollar always gets stronger.



Heading down to 1.0400, some banks and analysts say it will be at par with USD one day, ie 1 USD = 1 CAD.

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What is that--some Fibbonaci work?

quote:

Originally posted by Shakka What is that--some Fibbonaci work?

Yes, Fibbonaci retracement levels.

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I've just got my 1st proper well paid job at 19...i'm on £13,000 with bonuses up to £20,000.
I have read about the stock market before as i've always had an interest in it but never had the money to commit. Over the next year i will probably try to put £2000-3000 aside for the stock market.
Are there any tips you can give me?
All money in one place?
Penny Stocks?
Invest in market giants?
Do you use stock brokers or buy stocks yourself?

Any tips will be MUCH appreciated

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Originally posted by Jackson I've just got my 1st proper well paid job at 19...i'm on £13,000 with bonuses up to £20,000. I have read about the stock market before as i've always had an interest in it but never had the money to commit. Over the next year i will probably try to put £2000-3000 aside for the stock market. Are there any tips you can give me? All money in one place? Penny Stocks? Invest in market giants? Do you use stock brokers or buy stocks yourself? Any tips will be MUCH appreciated

I wish I was some investment guru like Warren Buffet or Shakka but I am having good luck in insurance the company I own is MIG. It has risen over a dollar in two weeks and or maybe less but has risen in value by 3$ in 3months. I also have money in a penny stock and I hope it will go up in value b/c I own 924 shares.

quote:

Originally posted by metalgearsolid I wish I was some investment guru like Warren Buffet or Shakka..

Probably one of the nicest complements (and definitely most inaccurate comparisions) I've ever received here. Thanks though! At the end of the day I'm just another guy trying to make educated guesses about the future of various companies within a large macro context.

quote:

Originally posted by Shakka Probably one of the nicest complements (and definitely most inaccurate comparisions) I've ever received here. Thanks though! At the end of the day I'm just another guy trying to make educated guesses about the future of various companies within a large macro context.

Your welcome!

invest in the stock market only if u want to do research and homework. or else, put the money in mutual fund.

quote:

Originally posted by Jackson I've just got my 1st proper well paid job at 19...i'm on £13,000 with bonuses up to £20,000. I have read about the stock market before as i've always had an interest in it but never had the money to commit. Over the next year i will probably try to put £2000-3000 aside for the stock market. Are there any tips you can give me? All money in one place? Penny Stocks? Invest in market giants? Do you use stock brokers or buy stocks yourself? Any tips will be MUCH appreciated

Shakka can you believe this crap? My stocks are doing good. I bought MIG at 8dollars and its at 10.71 and its going to be more than 11 I bet. I also bought shares in MTSX at 2.11 and its at 2.28 I am doing good man. I am so proud of myself its the first time my value assets are over three thousand!

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Originally posted by metalgearsolid Shakka can you believe this crap? My stocks are doing good. I bought MIG at 8dollars and its at 10.71 and its going to be more than 11 I bet. I also bought shares in MTSX at 2.11 and its at 2.28 I am doing good man. I am so proud of myself its the first time my value assets are over three thousand!

Congratulations. Now don't let your gains get eaten up by commission costs and short-term capital gains taxes!