Stock exchange market

[mr_byte31]

Hi All,

did anybody try to invest in the stock market and could make decent money ?
I tried before but when I win in a certain trade the next one become a loser and start to lose what I gained and more hehehe
I read many books about trading and downloaded many video courses from internet but most of them are about day trading which is not easy when you have work.

I was wondering if anyone has similar experience or have a successful strategy. Please share it.

[snowman]

I earn money from stock market. I inverst major stocks and I'm a long term investor. There are stocks I carry in mu portfolio for 5 years. I keep some cash in my account so if I see any sudden drops then I try to buy some. I never buy huge amounts. I prefer to keep at least 10 different stocks so if some of them goes down I'll have limited loss.

I mostly invest in banks, energy and automobile companies. Also in steel and telecommunication industry. I use Metastock application to select stocks that I should watch. Every country have different advatages/disadvantages. If you have option to invest to foreign countries, depending on your risk appetite you can always find a market.

The main reason I keep going for more than 20 years is, I beleive, I never panic. If I loose money, then I wait. I never follow other sheep. I make my own decisions.

I believe if I could write a buy/sell robot then everything would be wonderful you can technology if you can. You may want to check Metasotck simulations.

[Old_but_Alive]

@snowman


you are clearly rich.

Can I borrow money from you 

[pickit2]

@snowman


you are clearly rich.

Can I borrow money from you 

Old_but_Alive and I thought you was rich.
I have a wife, gf, and few pub landlords to support.

[Old_but_Alive]

I am 68, a wife of 31, a 9 year old son, a 2 1/2 year old daughter, and the whole of HMRC to support.

plus the wine regions of Australia and California

give me your sympathy  

[dikris]

I am 68, a wife of 31, a 9 year old son, a 2 1/2 year old daughter, and the whole of HMRC to support.

plus the wine regions of Australia and California

give me your sympathy  

You got my sympathy...., with so many youngsters around you'll never retire .

[LabVIEWguru]

I know just how you feel. I'm a transfinancial - I'm a rich person trapped in a poor person's body. Send me money! The pain is real!


Pickit2 - a wife AND a gf? Can I buy some of what you are taking?

[Gallymimu]

Seriously,

I can barely handle one woman in my life let alone a GF etc.

68 with a 31yr old?  That's crazy,  I keep my limits between 15-25yrs

As for stocks.  Safe bet is broad based mutual funds, mix of international and US stocks and some bonds for stability.  A popular set is a mix of Vanguard VTI, VSUX and one of the mixed bond funds.

[solutions]

68 with a 31yr old?  That's crazy,  I keep my limits between 15-25yrs

Am I mistaken or do I correctly recall you saying you're 30? 

Posted on: February 10, 2018, 12:12:25 12:12 - Automerged

Did anybody try to invest in the stock market and could make decent money ?

I was wondering if anyone has similar experience or have a successful strategy. Please share it.

OK - I'll share my observations, having played the market over a decade ago - anyone with the skills most people have on Sonsivri that invests money in the stock market, a rich man's casino, vs themselves, is a fool.

[Old_but_Alive]

@solutions

Ok, not 68years old, but next month I will be   45(hex)

45 sounds much nicer  

I take that back;    69 is a bloody good number  

[dikris]

@solutions

Ok, not 68years old, but next month I will be   45(hex)

45 sounds much nicer  

I take that back;    69 is a bloody good number  

disappointing.. 68/31 was a very good combination. 45/31 is boring.. :-)

Posted on: February 11, 2018, 06:47:45 18:47 - Automerged

Am I mistaken or do I correctly recall you saying you're 30? 

Posted on: February 10, 2018, 12:12:25 12:12 - Automerged

OK - I'll share my observations, having played the market over a decade ago - anyone with the skills most people have on Sonsivri that invests money in the stock market, a rich man's casino, vs themselves, is a fool.

I got your point solutions, but what else one can do to beat the inflation.

[Old_but_Alive]

45/1F sounds illegal to me

[Gallymimu]

disappointing.. 68/31 was a very good combination. 45/31 is boring.. :-)

Posted on: February 11, 2018, 06:47:45 18:47 - Automerged

I got your point solutions, but what else one can do to beat the inflation.

The portfolio I suggested is a conservative and growth oriented portfolio.  If you have 5-10yrs you can HOLD the investment to handle any multi year downturns you will definitely make money.  The shorter your investment outlook the more conservative your portforlio should be.  If you are under 50 and working til 65 you should be good with a moderate mutual fund mix.

What solutions is talking about (I think) is really playing the market, buying individual stocks with hopes of of rapid growth (small cap) or short term investment types.  I've always failed at individual stocks.

[Gallymimu]

Am I mistaken or do I correctly recall you saying you're 30? 

I probably said I was in my 30s, but I betcha that was back when I joined the forum. I'm early 40s now.  HALF WAY DEAD.  It's kinda depressing.

[mr_byte31]

I earn money from stock market. I inverst major stocks and I'm a long term investor. There are stocks I carry in mu portfolio for 5 years. I keep some cash in my account so if I see any sudden drops then I try to buy some. I never buy huge amounts. I prefer to keep at least 10 different stocks so if some of them goes down I'll have limited loss.

I mostly invest in banks, energy and automobile companies. Also in steel and telecommunication industry. I use Metastock application to select stocks that I should watch. Every country have different advatages/disadvantages. If you have option to invest to foreign countries, depending on your risk appetite you can always find a market.

The main reason I keep going for more than 20 years is, I beleive, I never panic. If I loose money, then I wait. I never follow other sheep. I make my own decisions.

I believe if I could write a buy/sell robot then everything would be wonderful you can technology if you can. You may want to check Metasotck simulations.

I read few books. I feel you violate most of their rules

1- if the price drop down, you shall sell not to lose more money. you can sell and buy later after the price drops much.
2- don't buy a falling knife. if a stock fall down much, I would be scared to buy it.

The market is not stable at all now ! it goes down.

holding for 5 years is wonderful. you have enough patience.

[gan_canny]

Individuals picking and choosing stocks rarely over time out perform a blind monkey. Now if you have a monkey with $1 billion and that can also solve partial differential equations then it can almost remove all risk by hedging especially if it can borrow at very low interest rates.

[solutions]

What solutions is talking about (I think) is really playing the market

Nope

I was being quite literal.

You easily beat inflation by LEARNING and DOING.

Forget those crap returns you would have gotten and buy yourself a 10GHz oscilloscope and watch where it'll take you. Take classes, BUILD STUFF, etc.

The market is for morons with no talent, knowledge, or initiative. They are PARASITES.

I probably said I was in my 30s, but I betcha that was back when I joined the forum. I'm early 40s now.  HALF WAY DEAD.  It's kinda depressing.

What's even more depressing is when you get a near-fatal heart attack at 50. Or you have people you know dying of cancer, heart disease, etc, in their 40's.

So, while I wish you a long and happy life, you could also be at your 90% point...

That says the difference algorithm used to judge couples is incorrect. It should be...number of years LEFT, not behind you, minus her age as far as people judging your choice  

That said, it is weird, as Old But Alive can probably attest, to YOURSELF when you do the math and realize she's half your age. That changes with time, both mathematically and in terms of your own acceptance. The sad thing is you get poisoned about women near your own age (though there occasionally is one you still find attractive - usually about what's in her head).

[mr_byte31]

@snowman , did u read any book about investing ?

[Gallymimu]

Nope

I was being quite literal.

You easily beat inflation by LEARNING and DOING.

Forget those crap returns you would have gotten and buy yourself a 10GHz oscilloscope and watch where it'll take you. Take classes, BUILD STUFF, etc.

The market is for morons with no talent, knowledge, or initiative. They are PARASITES.

What's even more depressing is when you get a near-fatal heart attack at 50. Or you have people you know dying of cancer, heart disease, etc, in their 40's.

So, while I wish you a long and happy life, you could also be at your 90% point...

That says the difference algorithm used to judge couples is incorrect. It should be...number of years LEFT, not behind you, minus her age as far as people judging your choice  

That said, it is weird, as Old But Alive can probably attest, to YOURSELF when you do the math and realize she's half your age. That changes with time, both mathematically and in terms of your own acceptance. The sad thing is you get poisoned about women near your own age (though there occasionally is one you still find attractive - usually about what's in her head).

YIPES 90% you are RIGHT.  I actually had a couple buddies now die from cancer in their late 30s.  It is definitely sobering.  

You might be the first person to even wish me a long and happy life!

As for the stock market.  Certainly you can build and do, but that doesn't change whether the money you have left over can be WORKING for you.  i.e. if i have $2m in the bank and put it in the market in relatively conservative diverse mutual funds, I'm going to see 10% in good years and 5% over decades more or less.  It's basically free money if you leave it alone.  It leaves a lot of flexibility to build and do that which is fun.  Certainly the building and doing is required to build the nest egg first.

You can leverage your time to an extent (more so if you hire people), but you can infinitely leverage money.  (at least that's what the investment banker told me that took everything I had)

[solutions]

You can get 20% return on products...reliably.

If the returns on your brain were not the most lucrative of investments, the venture capital industry would not exist.

[Gallymimu]

You can get 20% return on products...reliably.

If the returns on your brain were not the most lucrative of investments, the venture capital industry would not exist.

I am gonna have to strongly disagree with you there (though the particular context of your comment might need clarification).

If it was a reliable method then there wouldn't be such a high rate of failure of startups.  Only 1 in 10 make it big, and 2 in 10 do OK the rest lose money.  Products require teams, and different skill sets, in fact, product design is only about 20% of what makes a company successful, less in many cases.  Marketing, operations, supply chain, sales, right time and place have huge impacts.

Rarely do people who design products actually know what their customers want and rarely do they align customer needs with product features properly. Typically they fail.  In fact, VC and Angel investors typically shy away from hardware startups 1) because they are dumb, and 2) because hardware startups are... well... hard.  

Cool companies like Saelae have struggled, Pebble couldn't make it, A dozen TILE clone companies (locate your crap with a beacon) didn't make it.

solutions, It sounds however, like your experience has been it's easy to just make a list of guaranteed products wins, go design them, and they will be selling with little effort.  

I recognize you are a very experienced engineer and can't see this path you have indicated.  Would you be willing to outline it?  I am humbly interesting in understanding the business model because it sounds like you have executed it.  Since this is an area I believe I know well I am very interested in learning different approaches for success if you are willing to share.

Then I can take my money out of the market and put it to better use!

[dikris]

I am gonna have to strongly disagree with you there (though the particular context of your comment might need clarification).

If it was a reliable method then there wouldn't be such a high rate of failure of startups.  Only 1 in 10 make it big, and 2 in 10 do OK the rest lose money.  Products require teams, and different skill sets, in fact, product design is only about 20% of what makes a company successful, less in many cases.  Marketing, operations, supply chain, sales, right time and place have huge impacts.

Rarely do people who design products actually know what their customers what and rarely do they align properly and typically they fail.  In fact, VC and Angel investors typically shy away from hardware startups 1), because they are dumb, and 2) because hardware startups are... well... hard. 

Cool companies like Saelae have struggled, Pebble couldn't make it, A dozen TILE clone companies (locate your crap with a beacon) didn't make it.

It sounds however, like it's easy to just make a list of guaranteed products wins, go design them, and they will be selling with little effort. 

I recognize you are a very experienced engineer and I don't see this path you have indicated.  Would you be willing to outline it.  I am humbly interesting in understanding the business model because it sounds like you execute it regularly.  Since this is an area I believe I know well I am very interested in learning different approaches for success if you are willing to share.

Then I can take my money out of the market and put it to better use!

Totally agree with Gallymimu. Outlined by him is what my experience shows too.

[solutions]

When you have $80M in R&D inside a large corporation to produce a product and it's your butt, alone, that's responsible for the approval of the spend and its ROI, you don't screw up to live another day and another project. Or get a job anywhere else.

When it's someone else's money, and a project hatches from a group hug (because few are willing to risk career), everyone looks to everyone else for the success...and they get it in the industry-standard ratio you guys observe because of the lack of consequences.

Then, in a perversion that's unique to Silicon Valley, you get more VC funding in your next effort because of your "experience" -- despite your failure(s) you have "startup experience", and you keep getting shots at screwing up because the scammers and jumpers have come up with the nonsense of "it's OK to fail"...it isn't. Then, to make it even more perverted, the VCs have portfolios that play the success ratio instead of getting every one of them right, with possible MINOR exceptions.

So, in a nutshell, there's a fine line between suicide and true success vs playing the odds of blind stabs.

[CocaCola]

did anybody try to invest in the stock market and could make decent money ?

IMO the stock market is FAR better suited to long-term investments...

I find if you want to flip for profit faster there are better ways to do it...  As a part time gig when things are slow, I can nearly double my investment every week flipping items from resale stores and garage sales, the only limit is how much stuff I can find at the right prices to flip each given week...  And I don't even bother with items unless I estimate I can double my money on it...  Of course, this isn't for everyone and your location and availability of worthwhile items to flip will drastically vary from location to location but it works well for me...

Oh and as Solutions touched upon, never underestimate the value of investing in yourself, there are plenty of small niche markets that will easily support a sole proprietor business, you just need to find one that suits your talents and desires...

[Codeman]

@snowman , did u read any book about investing ?

The only people that makes money from investing books are the ones who wrote them.


"Beware of geeks bearing formulas."
Warren Buffett