Stocks 2013

Squilly · Jan 15, 2013, 03:49 PM

Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?

adk · Jan 15, 2013, 03:50 PM

Enron

eric/ · Jan 15, 2013, 03:52 PM

Quote:

Originally Posted by Squilly

Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?

Idk, my Nokia and Ford stocks paid off handsomely this past year, but I seldom invest in individual stocks unless I'm really confident they'll be winners. If you're interested in investing and want actual returns over the long term then just buy total stock market index funds and be done with it.

Squilly · Jan 15, 2013, 04:53 PM

So... Any stocks in particular?

Apple fanboy · Jan 15, 2013, 04:58 PM

HMV
Jessops
Woolworths
(Probably mean nothing to you in the US)
I have always liked the idea of investing, but I don't know enough about stocks. A friend of mine has quite a decent portfolio and recons on about 10% return. Is this what people earn from stocks on average?

Grey Beard · Jan 15, 2013, 05:02 PM

OK, this is a Pillory, but you get the idea.

KGB

ucfgrad93 · Jan 15, 2013, 06:36 PM

I invest in SPY. It is an ETF that tracks the S&P500.

eric/ · Jan 15, 2013, 06:51 PM

Quote:

Originally Posted by Squilly

So... Any stocks in particular?

What is your investing goal?

Getting rich quick? Picking the best stocks and mutual funds that are going to beat the market?

jon3543 · Jan 15, 2013, 07:07 PM

Quote:

Originally Posted by Squilly

Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?

I always recommend the ones that don't go down in value.

You do sound like you're ready, and you've come to the right place for reliable advice and answers to your financial questions, that's for sure.

Squilly · Jan 15, 2013, 07:59 PM

Quote:

Originally Posted by jon3543

I always recommend the ones that don't go down in value.

You do sound like you're ready, and you've come to the right place for reliable advice and answers to your financial questions, that's for sure.

Sarcasm? Can't really tell.

----------

Quote:

Originally Posted by eric/

What is your investing goal?

Getting rich quick? Picking the best stocks and mutual funds that are going to beat the market?

Slow and steady, stock that doesn't go down in value (a lot). The opposite of Facebook.

turtle777 · Jan 15, 2013, 08:02 PM

Dividend paying gold mining and streaming stocks.

ABX, NEM, SVM, HL.

NEM with a 3% div. yield is just downright awesome.

-t

jon3543 · Jan 15, 2013, 08:10 PM

Quote:

Originally Posted by Squilly

Sarcasm? Can't really tell.

Now who's pulling whose leg here?

turtle777 · Jan 15, 2013, 08:16 PM

Quote:

Originally Posted by jon3543

Now who's pulling whose leg here?

It's the same guy who is thinking about making a killing at penny auction sites.

Go figure.

-t

Squilly · Jan 15, 2013, 08:18 PM

Lol. What?

eric/ · Jan 15, 2013, 08:31 PM

Quote:

Originally Posted by Squilly

Slow and steady, stock that doesn't go down in value (a lot). The opposite of Facebook.

Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.

If you have more to invest, do the same, but in a non-tax deferred account.

Set up auto investing if you can, and then never look at it again.

Squilly · Jan 15, 2013, 08:35 PM

Quote:

Originally Posted by eric/

Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.

If you have more to invest, do the same, but in a non-tax deferred account.

Set up auto investing if you can, and then never look at it again.

Would it slowly build up or something?

eric/ · Jan 15, 2013, 08:39 PM

Quote:

Originally Posted by Squilly

Would it slowly build up or something?

yes, over a long, long time

mobilehaathi · 09:14 PM

Quote:

Originally Posted by eric/

Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.

If you have more to invest, do the same, but in a non-tax deferred account.

Set up auto investing if you can, and then never look at it again.

Might as well start a Roth IRA while he can. Pay tax up front on the deposits; all gains are tax free.

Edit: Of course, I am in no way giving tax advice.

wrosie · Jan 15, 2013, 09:13 PM

Quote:

Originally Posted by eric/

If you're interested in investing and want actual returns over the long term then just buy total stock market index funds and be done with it.

I agree! It's nice not to have to worry about the performance of individual stocks.

Squilly · Jan 15, 2013, 09:16 PM

I looked into the total stock market index fund; it seemed to fluctuate a lot. As if I'd never get any $ out of it.

eric/ · Jan 15, 2013, 09:17 PM

Quote:

Originally Posted by mobilehaathi

Might as well start a Roth IRA while he can. Pay tax up front on the deposits; all gains are tax free.

Edit: Of course, I am in no way giving tax advice.

Yeah that's what I'm saying, but you have to consider there is a max contribution every year, but if you're willing to go over that, I say follow the same strategy, but invest it in a low cost index fund as well.

eric/ · Jan 15, 2013, 09:29 PM

Quote:

Originally Posted by Squilly

I looked into the total stock market index fund; it seemed to fluctuate a lot. As if I'd never get any $ out of it.

If you're really serious about investing, buy The little red book of common sense investing, and start there.

If you want to sit around and hand pick stocks as your strategy, I think you're playing a losing hand.

Also, consider I have nothing to gain from what I say to you.

Jan 15, 2013, 03:49 PM	#1
Squilly In Time-Out Join Date: Nov 2012 Location: PA	Stocks 2013 Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?
	0

Jan 15, 2013, 04:58 PM	#5
Apple fanboy macrumors 65816 Join Date: Feb 2012 Location: United Kingdom	HMV Jessops Woolworths (Probably mean nothing to you in the US) I have always liked the idea of investing, but I don't know enough about stocks. A friend of mine has quite a decent portfolio and recons on about 10% return. Is this what people earn from stocks on average? __________________ Late 2012 21" iMac 2.9GHz i5, ITB Fusion drive, 16GB RAM, 2 TB TimeCapsule, iPhone 5 32GB, iPad 4 32GB, iPad 2 16GB, apple TV 2, iPod touch 4th gen 8GB, Xbox 360 120GB. Macrumors Scavenger Hunt IV 2
	1

Jan 15, 2013, 05:02 PM	#6
Grey Beard macrumors 6502a Join Date: Sep 2005 Location: The Antipodes.	OK, this is a Pillory, but you get the idea. KGB Attached Thumbnails __________________ I am what I am.
	0

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Jan 15, 2013, 03:50 PM	#2
adk macrumors 68000 Join Date: Nov 2005 Location: Stuck in the middle with you	Enron
	2

Jan 15, 2013, 04:53 PM	#4
Squilly Thread Starter In Time-Out Join Date: Nov 2012 Location: PA	So... Any stocks in particular?
	0

Jan 15, 2013, 06:36 PM	#7
ucfgrad93 macrumors G4 Join Date: Aug 2007 Location: Colorado	I invest in SPY. It is an ETF that tracks the S&P500.
	0

Jan 15, 2013, 08:02 PM	#11
turtle777 macrumors 6502 Join Date: Apr 2004	Dividend paying gold mining and streaming stocks. ABX, NEM, SVM, HL. NEM with a 3% div. yield is just downright awesome. -t
	0

Jan 15, 2013, 08:18 PM	#14
Squilly Thread Starter In Time-Out Join Date: Nov 2012 Location: PA	Lol. What?
	0

Jan 15, 2013, 09:16 PM	#20
Squilly Thread Starter In Time-Out Join Date: Nov 2012 Location: PA	I looked into the total stock market index fund; it seemed to fluctuate a lot. As if I'd never get any $ out of it.
	0