Stock Market software?

Bible_Belt

Master Don Juan
Joined
Jul 27, 2005
Messages
17,134
Reaction score
5,761
Age
48
Location
midwestern cow field 40
I agree that it is cash-time. I would put some money into oil, gold, copper, and aluminum. China has bought over half of the world's copper supply in the past couple of years. Aluminum siding and copper pipes have become valuable enough to steal from abandoned houses. Another big sector since 9/11 has been security. There are many small companies that make things like x-ray machines, eye scanners, and bullet-proof vests that are making money from Bush's 'War on Terror' and can be attractive small-cap investments.

imho, I think that China is grabbing up the world's metal supply for the same reason that we seized the oil of Iraq. Both countries are positioning themselves for a possible World War Three. Gold is going through the roof now, and that is a leading indicator of rough times ahead. Investment-wise, this means that oil, gold, metals, and defense contractors will do well, and keeping a large supply of cash is smart.
 

daSoCalpimp

Don Juan
Joined
Apr 24, 2006
Messages
25
Reaction score
0
Location
New Yooorrrk
Good Post A-Unit very informative

Comment on your RE. RE is just like the Graham way of buying stocks, you buy a good value stock when it is underpriced. If a stock is VALUE worth 100 but is selling for 50 you buy. Right now houses are worth 100(hypothetical) but are selling for 200, go to wait for that correction.

Anybody have any opinions on scottrade? does it work good, nice prices
 

A-Unit

Master Don Juan
Joined
Aug 6, 2004
Messages
1,515
Reaction score
43
Re:

I use scottrade.com. I'm sure Bible has a wealth of other brokers, but scottrade works just fine for me now. You can get in with them on a minimal account deposit, I think $500 or so. And that's great, since equity trades are $7. You can buy 1 share or 1000 shares and get $7. There might be slippage, but I'm not trying pinch margins so much that I care. I'm looking for profit BEYOND the commission, 10-20-30-50-100%. I had a Broker that charger $35 per trade, and dumped it quick.

Also, you can set up "Bill Pay" features so that you can deposit money regularly, because scottrade doesn't do automatic bankdraft.

You can buy pretty much anything stock market related and are subject to the particular investment guidelines. For instance, Rydex Funds, which develop trader type mutual funds has a minimum of $2500 for investment. The great think about their funds is, you can short the market without going on margin. They have "inverse" funds that you can buy, or "double inverse" funds that short the market in the fund. With proper trend trading software, as a trend develops, you can ride a bubble up, and then down, without the individual risk of stock or margin accounts. If you're pro enough to go right on margin and earn more, go for it.

-----------------------


A-Unit
 
Top