<p>Hey,
Anyone on this board interested about investing and the stock market?</p>
<p>investing yes but not the stock market, why?</p>
<p>Yes.
BTW, there's already a club on campus called USTS.</p>
<p>i believe this is the worst thing you can do with your money right now rofl</p>
<p>Really. If you're looking at short term investing, you could short sell, but every thing is so volatile right now even that is hard to make a profit on. I'm pretty interested in the market(usually take a Financial Times or NYT from Andersen Business School every day) and I'm in the UBS stock market competition(currently losing badly), but with classes and all, there's not much time to be a diligent investor if you're looking for short term profits(mutual funds, however, are different)</p>
<p>Index funds FTW. mutual funds suck.</p>
<p>
[quote]
i believe this is the worst thing you can do with your money right now rofl
[/quote]
</p>
<p>Are you serious? You're supposed to buy stock in a downturn because it's undervalued. This is like stock market 101...jesus.</p>
<p>
[quote]
Index funds FTW. mutual funds suck.
[/quote]
</p>
<p>Wiser words have never been spoken. The amount of money that can be made in index funds, over the long run, with a relatively low risk, is astonishing. VANGUARD ftw</p>
<p>^Agreed.</p>
<p>How bad of a recession are we currently in btw?</p>
<p>I don't think it's as bad as everybody is making it out to be. UCLA Anderson released their forcast and they expect a downturn but not a recession. I don't know much I agree with this. I was watching the CEO of JPM on Cspan yesterday and he was commenting on the Bear Stearns bailout. One of the big 5 investment banks needing to be bailed out can't be good. Goldman was the only bank to actually make money from this credit crunch because they didn't overinvest. All the other banks are going to see dramatic profit reductions. </p>
<p>I still think you'd be stupid not to invest in the market right now. Not picking individual stocks either....the market can't be beat in the long run so don't try. Still everybody is scared and stock prices are undervalued. Index funds + Emerging markets + bonds + REIT index + Microcap/smallcap indexes = 10-15% returns</p>
<p>does anyone actually invest their own money? Investing your own money is totally different from investing a fake 100g's in a competition!!!</p>
<p>Go Vanguard. </p>
<p>I'm pretty leery about investing in stocks. When I was 12, my parents actually gave me 10k and a CliffNotes book about How to Invest in the Stock Market. I invested half that money in a pager (literally, a old school cellular pager) company, and the rest went to Johnson & Johnson. </p>
<p>Guess which stock bombed. >_<</p>
<p>^ Forgot about diversification eh? :p</p>
<p>I don't invest my own money, only because I don't have any :rolleyes: but in the long term the stock market is free money and NOT investing in it is one of the worst financial mistakes you can make. That being said don't split your $$ between two stocks -_-</p>
<p>UCLA Bruinvestors</a> - Home :rolleyes:</p>
<p>hey, he was 12.</p>
<p>when i was 13 my math class did one of those stock market competitions, and guess who was the number 1 loser? hehe. go webvan?</p>
<p>I really regret that I started this thread. The responses are so incompetent on so many levels I don't know where to begin. Some people are just good at making money, while others are good at losing money.</p>
<p>Also, any parents that give their kid 10k to invest at the age of 12 should get a psychiatric evaluation. Not to be offensive, but that is a true fact.</p>
<p>also, playing stock market games with fake money will not teach you anything!! I repeat nothing. Invest a couple hundred of your Own dollars and you will see what I am talking about. I don't believe in bruinvestors because you learn nothing from fake games. I have been investing for many years with my own money, and I can say that even from that I have NOT learned as much as I would like. Putting your own money in is the only way to learn. Watching someone do math problems doesn't really help you learn math, and same goes for investing.</p>
<p>^What does your portfolio consist of?</p>