[ProLogic]

You missed the best time to invest. The best time to invest was last week when the U.S stock market took a big dive. That day was the best day, As the next day the stock market came back with %4 returns.

[Hortiscape_Nursery]

Keep it up man!

[NGE-CEO]

Great advice from posters...this has been my favorite thread on this site definitely

Above someone mentioned that day trading is stupid.....why is that so when some people make nice returns by holding a stock 1 to 2 days? I'm not an investor by any means i'm just going by what I've observed on cnbc etc.... I think I wouldn't want to hold on to a stock longer than 6 months....is that a good idea? why or why not?

[ducriscorp]

you ca read the post on my blog called "my opinion on young/first time investors"

basiclally it saying star with a GIC or something with less risk thenmove up and diversify your portfoliowith some medium risk bondsand move on to mutual funds that will be above medium risk and show higher gains, thenonce you see some gains and have more money to put in you can diversify some more! gaining assets is the ley to the whole thing notjust making liquid money

[duezeone]

Originally Posted by NGE-CEO

Great advice from posters...this has been my favorite thread on this site definitely

Above someone mentioned that day trading is stupid.....why is that so when some people make nice returns by holding a stock 1 to 2 days? I'm not an investor by any means i'm just going by what I've observed on cnbc etc.... I think I wouldn't want to hold on to a stock longer than 6 months....is that a good idea? why or why not?

Day trading isn't stupid. It just depends on what the circumstances are of what you're purchasing. Same with how long you hold it. If you have analyzed the financial statements (zzz...) and believe their product/service or strategy (whatever) is going to do well within the coming years, then there would be no reason not to hold onto it for longer. I guess the question you need to ask yourself is: what do I want out of this? Then you will know whether you want short-term gain (mediocre) or long-term gain: (less) money now or (more) money later.

[ngdomainer]

if you read about what you are about to invest in(yes, even stocks) and you are informed,dedicated and intelligent about it, you can make a profit off it. My younger bro put about $300 in a construction company's stock(URS), and since last year, the stock has been up about 11%. he believes in value investing, and he was informed(not a pro by any means really). I ordered the stocks for dummies book off amazon, read most of it, and i am confident i can invest in stocks and make some profit. Its not as hard as people make it seem. Its actually alot of common sense too. $1500 is quite a good sum to start your investing. Learn, think and go ahead and get your feet wet with some hot stocks. good luck