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What is a good way to get into the stock market

Posted on 1/31/17 at 10:08 am
Posted by Hawgnsincebirth55
Gods country
Member since Sep 2016
16160 posts
Posted on 1/31/17 at 10:08 am
Looking to make a quick buck on the side in stocks any help would be appreciated

Clearly I worded this wrong I was just wanting some tips on how to not get duped and understanding the market. When I say quick buck I mean a couple hundred a month or less even. I'm in college and currently don't have a side job and looking for a way to get beer money basically
This post was edited on 1/31/17 at 11:51 am
Posted by I Love Bama
Alabama
Member since Nov 2007
37764 posts
Posted on 1/31/17 at 10:23 am to
Short apple today. If you put in $30,000 you will make over $500,000. I read it on the internet.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69953 posts
Posted on 1/31/17 at 10:33 am to
quote:

Looking to make a quick buck on the side in stocks any help would be appreciated




Day trading. Start with $2 Million, you'll be a millionaire in no time.
Posted by castorinho
13623 posts
Member since Nov 2010
82096 posts
Posted on 1/31/17 at 10:33 am to
quote:

Looking to make a quick buck on the side
Never a good idea.
Posted by Omada
Member since Jun 2015
695 posts
Posted on 1/31/17 at 10:45 am to
You've come to the wrong neighborhood, hoglover. Turn back before the Vanguard horde consumes you!

But for real, you'll have about the same luck of turning into a professional athlete overnight as you will making quick money in the stock market somewhat consistently right now. You obviously don't know too much about the market, so how can you beat the professionals and more experienced?
Posted by southernelite
Dallas
Member since Sep 2009
53180 posts
Posted on 1/31/17 at 10:49 am to
quote:

Looking to make a quick buck on the side in stocks any help would be appreciated



Buy low, sell high.
Posted by Mossive
Member since Nov 2016
358 posts
Posted on 1/31/17 at 11:20 am to
find a mentor and learn as much as you can. Paper money is a very different game than trading real money
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 1/31/17 at 11:58 am to
quote:

When I say quick buck I mean a couple hundred a month or less even


Buy ~67k in Exxon Mobil stock.
Posted by southernelite
Dallas
Member since Sep 2009
53180 posts
Posted on 1/31/17 at 12:07 pm to
quote:

Clearly I worded this wrong ? I was just wanting some tips on how to not get duped and understanding the market. When I say quick buck I mean a couple hundred a month or less even. I'm in college and currently don't have a side job and looking for a way to get beer money basically ?





That's still not how this works.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69953 posts
Posted on 1/31/17 at 12:10 pm to
quote:

I'm in college and currently don't have a side job and looking for a way to get beer money basically





Need beer money, get a job, or frick someone that has a job.
Posted by bayoubengals88
LA
Member since Sep 2007
19222 posts
Posted on 1/31/17 at 12:16 pm to
Play around with RobinHood. It doesn't get any cheaper or easier. Look up the app and starting trading stock. You'll learn some quick lessons.

also checkout r/robinhood
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73652 posts
Posted on 1/31/17 at 12:29 pm to
Good GOD almighty.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35704 posts
Posted on 1/31/17 at 2:33 pm to
Sideways at first then when you gain a little experience you can straighten out.
Posted by Jon Ham
Member since Jun 2011
28658 posts
Posted on 1/31/17 at 3:28 pm to
Had a boss in the mortgage business teach me an invaluable lesson over 10 years ago. I am super inquisitive by nature and was always interesting in testing the limits of our in house guidelines for the mortgage products we offered. I was in his office all the time asking questions and wanting to know about this, that or the other.

I went from a new hire to a nuisance in short order. I was also using him as a crutch and preventing myself from mastering our guidelines on my own much more quickly than just asking him everything.

So he made me bring my guidelines in along with my scenario and prove to him that I researched on my own regarding the subject I was asking about before I could ask my question.

In other words, do your own research before you ask me so YOU can show me you're learning before I help.

I sat in line with a girl I've been taking classes with since January relating to a certification exam we are both took yesterday morning. She's doing it for work. I'm doing it because there are several side hustles I'll use it for to supplement my income for away from the office. I haven't shared my plans with ANYONE else in the class. Simply put none of them showed up, or expressed anything other than an eye-rolling excuse of, "Inhave to do this for work and they're making me take the class," so to me, they don't deserve me telling them about the money that can be made using this certification.

But this little girl is getting it for work but mentioned she has been looking for part time work outside of their company. She's newly divorced, technologically challenged and was wondering if our certification could be used to help accomplish it.

She told me how she'd tried Googling but evidently her skills are limited. So I opened up chapter and verse on exactly what and how. Once we talked, she proved to me she had done the work beforehand and researched to the best of her ability and still had questions.

In short, she'd done her work up front.

In short, you haven't. So I apologize if my creativity or knowledge isn't something I'd prefer to let you use while you stand on my shoulders to make yourself more successful. How about you put in more effort than just making a post on here asking how to make a quick buck?

It sure as hell worked for me, and it worked for my classmate. It might just work for you too if you put a little more effort into it.
Posted by lsugradman
Member since Sep 2003
8628 posts
Posted on 1/31/17 at 7:25 pm to
My advice would be to get a Robinhood or Sharebuilder account, set aside a few hundred a month and start to DCA into companies you know and believe in. Once you build up a sufficient balance in "safe" holdings you can start taking a bit more risk with your trades. But learn the market before you get burned by the market.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80837 posts
Posted on 1/31/17 at 8:54 pm to
quote:

When I say quick buck I mean a couple hundred a month or less even. I'm in college and currently don't have a side job and looking for a way to get beer money basically
Keep your money in a savings account if that is what you are looking to do. It sounds like you'd lose it all immediately
This post was edited on 1/31/17 at 8:56 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36777 posts
Posted on 1/31/17 at 9:29 pm to
Best plan is skip the stock market and invest directly in cocaine and hookers now.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71751 posts
Posted on 2/1/17 at 8:14 pm to
Beer money? Go to Amazon Mechanical Turk. The pay per hour ducks but you should be able to swing a few bucks a week.
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