Any ideas for good investments right now? I just wanna put my money somewhere so I won't spend it, and also earn some more with it.
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Any ideas for good investments right now? I just wanna put my money somewhere so I won't spend it, and also earn some more with it.
Tough question, after the year the market has had its tough to think things are going to stay hot, if your not too market savy I would head to your bank and have them profile your risk tolerance for a mut. fund.
Dont know much about financial stuff at all...any recommended books to start learning? There were just too many out there and I couldn't decide which good books to buy (or online reading material)?
I would prefer to answer this in my question thread so others can see it but in any case, depending on your level of education to this point a decent start would be the canadian securities course. Even if you don't want to pass or take the test the books are quite useful for entry level finance.Quote:
Originally posted by szw
Dont know much about financial stuff at all...any recommended books to start learning? There were just too many out there and I couldn't decide which good books to buy (or online reading material)?
You might want to talk to your broker and see what kind of tips they can give you. Like pinoy says, on your spare time try taking the CSC.. I'm telling you now, the course is intense.
I am one sorry unit, my parents deal with all my investments.
I know how much I have, and thats about it...
www.investopedia.com
Check out some of the beginner tutorials maybe?
Buy some land in bearspaw :)
go to the bank and ask for the highest interest paying account!
Yes do that and they might give you .5%!Quote:
Originally posted by Mx6GtTurbo
go to the bank and ask for the highest interest paying account!
you can get quite a bit more than that :)Quote:
Originally posted by pinoyhero
Yes do that and they might give you .5%!
:bullshit:Quote:
Originally posted by pinoyhero
Yes do that and they might give you .5%!
Quote:
Originally posted by 4G63Power
you can get quite a bit more than that :)
:werd: I've been hearing people are getting 5% and shit depending on the amount
A place on 16th avenue (small financial place) is giving 4.5%, but you have to lock it in for 5 years. It's pretty worthless.
I locked in at First calgary at 10% for 5 years in 1999 - those were the good old days.
Yeah I can get 5%, i'm looking for something a bit more.
man, i got some really hot stock tips right now, but not having my CSC i can get in a lot of trouble for offering advice. Do some research on a company that you have interest in, start an account with a discount brokerage and start investing. Learning on your own is the best way, i will have my Finance Degree at the end of April, but almost everything i have learned is through personal experience. One such discount brokerage you can try is Action Direct through the Royal Bank, but you'll first have to be approved. Try your local Bank branch as they will likely have services to offer you similar to these.
There are no issues with recommending stocks, you can't get into trouble. If you had your CSC and you started giving tips to people, claiming that you were certified you would probably get into even more trouble. Post your hot stock, lets see it...Quote:
Originally posted by Paul
man, i got some really hot stock tips right now, but not having my CSC i can get in a lot of trouble for offering advice. Do some research on a company that you have interest in, start an account with a discount brokerage and start investing. Learning on your own is the best way, i will have my Finance Degree at the end of April, but almost everything i have learned is through personal experience. One such discount brokerage you can try is Action Direct through the Royal Bank, but you'll first have to be approved. Try your local Bank branch as they will likely have services to offer you similar to these.
The problem with trading your own portfolio is that you have to have enough money to cover your fees, trading a small account is tough.
Aber, mines diamonds in the NWT, ownership of 40% of Diavak partnership. Expectations that their kimerlite pipes hold nearly 10% of the worlds diamonds. 2 major player's trying to buy them out as they can't afford to let this little company become a major player in this market (de Beer's and Rio Tinto). They have already made contracts to sell diamonds to Tiffany's (and already sold some). Canadian diamonds are of the best quality.
Ticker: ABZ on the TSX
Gonna retire when the stock hits $60.00 :)
:werd: I regret not buying when they were at $20 bucks, but I was in school and had little money to invest at the timeQuote:
Originally posted by Paul
Aber, mines diamonds in the NWT, ownership of 40% of Diavak partnership. Expectations that their kimerlite pipes hold nearly 10% of the worlds diamonds. 2 major player's trying to buy them out as they can't afford to let this little company become a major player in this market (de Beer's and Rio Tinto). They have already made contracts to sell diamonds to Tiffany's (and already sold some). Canadian diamonds are of the best quality.
Ticker: ABZ on the TSX
Gonna retire when the stock hits $60.00 :)
Here is a better buy. BME on the TSX they have a 1000BOE/day Nisku well shut in until tied into facility. They are drilling two more wells on the same play. This will more then double their production. Watch the stock hit $2.00 or more by next summer.
They are trading at $1.06 right now...you do the math ;)
my average share price on Aber was 16bux, been holding for a couple of years. I think one of the companies is getting ready to buy it
how the heck do you guys run into these tips?
Its called reading ;)
Here are some good places to follow the market.
http://www.dailyoilbulletin.com/
http://www.stockhouse.ca/ (go to the bullboards for tips)
Quote:
Originally posted by Shaolin
how the heck do you guys run into these tips?
yes, I know it's about reading, i just don't know where to look :D
What companies do you guys use to trade?
tdwaterhouse
:werd: I use it since my bank account is with TD.Quote:
Originally posted by 89coupe
tdwaterhouse
Just thought I would bring this back from the dead. Pretty close to my prediction. They hit $2.00 today and closed at $1.96. :D
Quote:
Originally posted by 89coupe
Here is a better buy. BME on the TSX they have a 1000BOE/day Nisku well shut in until tied into facility. They are drilling two more wells on the same play. This will more then double their production. Watch the stock hit $2.00 or more by next summer.
They are trading at $1.06 right now...you do the math ;)
You might want to convert some of your money to American $'s. Our dollar is doing really well right now...just an idea.
It takes a lot of capital to make any decent amount this way. Plus from what i understand the US is tring to keep their dollar low.Quote:
Originally posted by SteveMo600
You might want to convert some of your money to American $'s. Our dollar is doing really well right now...just an idea.
whats the minimum you need to start an online stock investing account (trading yourself and such)
Awesome investment btw :DQuote:
Originally posted by 89coupe
Just thought I would bring this back from the dead. Pretty close to my prediction. They hit $2.00 today and closed at $1.96. :D
I took your advice and bought a couple thousand at $1/share :D :D :D
Don't sell if you don't have to. They will take this company to $5 and then sell it off. Lots of money to be made yet.
Here is another money maker in the works. Go here to read all about it.
http://biz.yahoo.com/cnw/041027/ketc...r_creek_1.html
Quote:
Originally posted by Weapon_R
Awesome investment btw :D
I took your advice and bought a couple thousand at $1/share :D :D :D
whats the symbol for ketch trust?
any other tips for a young uni student looking to invest;)
Poker's a pretty good investment, just requires time, luck and skill. Almost the equivalent of most stocks anyway.
I made over $2K for the month of November, and to think there is still a few days left. :thumbsup:All cash, no taxes :D
Anyway, what type of returns are you looking for? Immediate or long term?
TD offers a GIC fund based on the major indexes. You are guaranteed your investment and whatever gains the indexes yield.
Another one to consider are income trust funds, can invest in major industries, oil & gas for example, yields dividends of say 10% per month which you can reinvest or accept as cash. You have to do some more research on this one, just something my accountant brought up during our last conversation.
Even more immediate returns is to gamble on stocks but you probably have better luck at the baccarat table.
For really long term investment, moderate risk mutual funds, dollar cost averaging, just invest a little bit per month into a diversified equity portfolio. This is more retirement planning but you can get started on that now.
In the end, I say keep your cash in a 2% savings account and build up a bankrool and we'll go to Vegas for the World SEries of Poker. :rofl:
max do you play NL? where do you play? and what's the limits?
ABSQuote:
Originally posted by Shaolin
max do you play NL? where do you play? and what's the limits?
4.8
Over buttons
I'm not going to sell for a while yet. I don't need the money and I am pretty happy with the steady climb.Quote:
Originally posted by 89coupe
Don't sell if you don't have to. They will take this company to $5 and then sell it off. Lots of money to be made yet.
Here is another money maker in the works. Go here to read all about it.
http://biz.yahoo.com/cnw/041027/ketc...r_creek_1.html
I play at ABS too. I made $1200 last week. I am taking a break, been playing too much. I bet I have seen you there lots too, LOL. I agree though, Poker is a great investment.Quote:
Originally posted by max_boost
ABS
4.8
Over buttons
Another good investment would be to buy property. It's practically gauranteed.
For stocks, the next big thing my day trader friend was telling me is, to buy stocks in Sirius (the satellite radio company).
ABS = online??
]Quote:
Originally posted by InfiniteJoy
ABS = online??
Alberta Bingo Supply
Also known as Calgary Casino in the NEQuote:
Originally posted by Johnny@CustomAuto
]
Alberta Bingo Supply
Blackjack...Learn how to card count. :werd:
never guaranteed.....auto shufflers good luck haha...Quote:
Originally posted by SteveMo600
Blackjack...Learn how to card count. :werd:
haha...easy money man
Not everybody has auto shufflers...gotta go play oldschool tables.
Can't hurt to improve your odds?! Right?
BME $2.25 today :thumbsup:
Quote:
Originally posted by Weapon_R
I'm not going to sell for a while yet. I don't need the money and I am pretty happy with the steady climb.
Anyone care to explain IPO's a bit. What to look for
http://www.refresher.com/!edgaripo.html
Quote:
Originally posted by ramminghard
Anyone care to explain IPO's a bit. What to look for
Whats the company name for sirus? on the exchange?Quote:
Originally posted by Johnny@CustomAuto
For stocks, the next big thing my day trader friend was telling me is, to buy stocks in Sirius (the satellite radio company).
their ticker is "siri"
sirius sure has shot up recently, dam last week it was 6 somthing and now its 7.50
Be carefull with SIRI. There O/S is crazy. Just make sure you lockin some profits before it comes crashing down.
invest the yuan ppl, once that thing isnt arifticially controlled and pegged to the USD that thing will soar
china's also gonna hav a booming economy soon
so what does everyone think the next big thing is, oil, energy whats shooting up? i think energy will go up but thats just my opinion, kinda broad too
tech sector seems to be making a come back. Poor ol' Microsoft can't decide what to do with it's money (ie avoid more monopolistic/anti trust law suits) so they're just giving the money back to it's shareholders as dividends.
Definitely seeing the rebound of the economy in the us, oil's dropping, good for the average consumer as the price will likely fall at the pumps too. Going to prolly see more money enter the market around this season and into early 05 with people getting x-mas bonuses.
I think Canada remains a great place to invest, many companies worth checking into. Wireless tech is an area i'm keen will make moves, however i'm still holding onto my Canadian mining stocks, good growth and the product is in the ground, it's not like it's going anywhere so pretty secure.
My U.S equity funds have been creeping up!!! Go American economy! :thumbsup:
BME $2.33:thumbsup:
Pot in basement. Almost 1/2 a mill per cultivation with minimum investment.
hehehehe
Really tho, real estate is not a bad investment, you just have to pic the right deal.
Rental properties kinda sucks right now. But projects up in Ft. Mac has quite a potential.
My hero :love:Quote:
Originally posted by 89coupe
BME $2.33:thumbsup:
so what are people tradin gnow, wish i had the acocutn set up to take 89coupes advice on tys, this guys a machine lol
Just curious why you bought BME?
http://finance.yahoo.com/q/bc?s=BME.TO&t=5d
That is one scary looking chart (plus the volume, yikes). Is there something that you know? Just curious...
Get the book rich dad poor dad. Go to http://richdad.com/ to get it.Quote:
Originally posted by szw
Dont know much about financial stuff at all...any recommended books to start learning? There were just too many out there and I couldn't decide which good books to buy (or online reading material)?
It is a great book with great beginner info.
Im 14 and thanks to that book, and its sequal, as well as other books I got because of it, I will be starting a buisness soon, and I have a good basic understanding of the stock and real estate markets, and know what to do in order to find out more about those markets, and to become a professional invester.
Try looking at a 6month chart, not a 5 day chart.
I used to work for the key operators of this Company. They have done this more then once ;)
http://www.performance-shop.com/bradsstuff/chart.JPGQuote:
Originally posted by ehos
Just curious why you bought BME?
http://finance.yahoo.com/q/bc?s=BME.TO&t=5d
That is one scary looking chart (plus the volume, yikes). Is there something that you know? Just curious...
Perhaps it has something to do with the fact that both 89coupe and I have since nearly tripled our initial investments in this company?Quote:
Originally posted by ehos
Just curious why you bought BME?
http://finance.yahoo.com/q/bc?s=BME.TO&t=5d
That is one scary looking chart (plus the volume, yikes). Is there something that you know? Just curious...
Another stock I mentioned awhile ago is Tyler Resources TYS on the Venture. Was just picked as the #3 pick by Josef Schachter on Market Call.
http://www.robtv.com/servlet/HTMLTem...p1/h/220asf///
How high will Tyler go:eek:
Already up .26 cents this morning:eek:
Christ, Tyler hit a $1.88 today. When will it stop.:eek:
now.. watch it drop because of the volumn. 2.10 right now.Quote:
Originally posted by Weapon_R
Perhaps it has something to do with the fact that both 89coupe and I have since nearly tripled our initial investments in this company?
LOL...you have no idea what you are talking about, do you?
Quote:
Originally posted by Rav4Guy
now.. watch it drop because of the volumn. 2.10 right now.
The one thing that sucks about working for the TSX. I am restricted from trading all TSX Venture stocks.
:thumbsdow
Get your GF or friend to trade for you.
Quote:
Originally posted by sputnik
The one thing that sucks about working for the TSX. I am restricted from trading all TSX Venture stocks.
:thumbsdow
Look at TYS today, huge volume after JS interview on Sat. Once they drill deeper and drill reports come back with more goodies, the price will continue to soar :thumbsup:
That is if the results come back positive. If they aren't then watch it tumble.
Quote:
Originally posted by Ariakas
Look at TYS today, huge volume after JS interview on Sat. Once they drill deeper and drill reports come back with more goodies, the price will continue to soar :thumbsup:
Tyler Resources just did a press release. $3 here we come!:bigpimp:
Tyler Resources Announces Outstanding Drilling Results Including 112.78 meters Grading 1.3% copper, 1.07% zinc and 27 g/t silver at Bahuerachi
CALGARY, ALBERTA, Jan 25, 2005 (CCNMatthews via COMTEX) -- (CCN Mathews)
Tyler Resources Inc. (TSX VENTURE:TYS) is extremely pleased to announce assay results for the last of the December 2004 drill holes including RC2, 3, 4 and 5 as well as the completed portion of core hole #16.
Reverse circulation drill hole 04-RC-2 returned an average grade of 1.3% copper, 1.07% zinc and 27 g/t silver over 112.78 meters, including 48.78 meters grading 1.81% copper, 0.14 g/t gold, 22 g/t silver and 2.03 % zinc in the main mineralized skarn breccia and associated QFP hosted endoskarn complex. Hole RC 2 ended in mineralization.
Click here for additional information
Further improvements in the methodology used for the drilling and recovery of samples from reverse circulation drilling have been made and the twinning of an additional core hole is currently underway to assess the variability of sample grade between the two drilling methods. As previously disclosed with RC 1, the Company believes that there remains a possibility that results from RC 2 to 5 may still understate the true grade of the intervals drilled due to loss of fines during the sample recovery process. Results for these holes are, however, within the range of values expected for the areas drilled as well as the geological environment and continue to indicate clear bulk mining potential.
This assay data has been reviewed by the Company's independent consultant, Mr. Keith McCandlish, P.Geol., Manager of Mineral Services, Associated Mining Consultants Ltd.
Please refer to the drill hole location plan map attached for the general location of drill holes. A section reporting grades and geology has been completed and is included for section 580 N which includes core hole 04-BAH-15 and RC 3 and sections showing the geology and grade distribution for RC 4 and 5 will be prepared and released when core drilling of those sections has been completed. http://www2.ccnmatthews.com/database...25tys_maps.pdf
Field work has recommenced with core drilling as well as reverse circulation drilling under the new drilling and sample recovery protocol. Samples will be shipped in batches as drilling progresses and further assays are expected by mid to late February.
The Qualified Person responsible for the design and implementation of the Field Program as well as the preparation of this news release was J. P. Jutras, P.Geol., and President of the Company. The work program was carried out with the participation of Dr. Shane William Ebert, Ph.D, P.Geo and Director, and Mr. Brent Gonek, B.Sc, Geology, G.I.T., consultants to the Company.
"Jean Pierre Jutras"
Jean Pierre Jutras
President/COO/Director
This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities, or a solicitation of proxies, in any jurisdiction, including but not limited to, the United States. The Tyler Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold in the United States except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Tyler's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Tyler. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Tyler's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Tyler's filings with the Canadian securities authorities. Accordingly, holders of Tyler shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Tyler disclaims any responsibility to update these forward-looking statements.
Tyler Resources Inc. Jean Pierre Jutras (403) 269-6753 (403) 266-2606 (FAX) or Tyler Resources Inc. James Devonshire (403) 269-6753 (403) 266-2606 (FAX) Website: www.tylerresources.com
I picked up some Tyler 2 weeks ago at $1.40...
Let's hope that this bitch moves fast!
She will be my wife in a few months... and then I'm back to square one.Quote:
Originally posted by 89coupe
Get your GF or friend to trade for you.
yup this thing soared at the open and all the day traders sold, now its at a nice consistant level, looks good
When they halted TYS, that created more hype, some people lost some big dough buying in at $2.18. What a swing today. This stock can give people ulcers....
This stock reminds me a lot of RIM, albeit on a much smaller scale. The range in which it travels on each day is enough to make money quite easily, or alternatively lose it (if you have enough money to invest).Quote:
Originally posted by Ariakas
When they halted TYS, that created more hype, some people lost some big dough buying in at $2.18. What a swing today. This stock can give people ulcers....
Quote:
Originally posted by 89coupe
LOL...you have no idea what you are talking about, do you?
remind me to talk to you two when i get a job so i know where to put my cash.Quote:
Originally posted by Weapon_R
I picked up some Tyler 2 weeks ago at $1.40...
Let's hope that this bitch moves fast!
:thumbsup:
good luck with your stocks