Stocks 2013

Discussion in 'Community Discussion' started by Squilly, Jan 15, 2013.

  1. macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #1
    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%?
     
  2. adk
    macrumors 68000

    adk

    Joined:
    Nov 11, 2005
    Location:
    Stuck in the middle with you
  3. Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #3
    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.
     
  4. thread starter macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
  5. macrumors G3

    Apple fanboy

    Joined:
    Feb 21, 2012
    Location:
    Behind the lens, UK
    #5
    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?
     
  6. macrumors 65816

    Grey Beard

    Joined:
    Sep 10, 2005
    Location:
    The Antipodes.
    #6
    OK, this is a Pillory, but you get the idea.

    KGB:D
     

    Attached Files:

  7. macrumors G5

    ucfgrad93

    Joined:
    Aug 17, 2007
    Location:
    Colorado
    #7
    I invest in SPY. It is an ETF that tracks the S&P500.
     
  8. Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #8
    What is your investing goal?

    Getting rich quick? Picking the best stocks and mutual funds that are going to beat the market?
     
  9. macrumors 6502

    Joined:
    Sep 13, 2010
    #9
    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.
     
  10. thread starter macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #10
    Sarcasm? Can't really tell.

    ----------

    Slow and steady, stock that doesn't go down in value (a lot). The opposite of Facebook.
     
  11. macrumors 6502a

    Joined:
    Apr 30, 2004
    #11
    Dividend paying gold mining and streaming stocks.

    ABX, NEM, SVM, HL.

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

    -t
     
  12. macrumors 6502

    Joined:
    Sep 13, 2010
    #12
    Now who's pulling whose leg here?
     
  13. macrumors 6502a

    Joined:
    Apr 30, 2004
    #13
    It's the same guy who is thinking about making a killing at penny auction sites.

    Go figure.

    -t
     
  14. thread starter macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
  15. Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #15
    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.
     
  16. thread starter macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #16
    Would it slowly build up or something?
     
  17. Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #17
    yes, over a long, long time
     
  18. mobilehaathi, Jan 15, 2013
    Last edited: Jan 15, 2013

    macrumors 603

    mobilehaathi

    Joined:
    Aug 19, 2008
    Location:
    The Anthropocene
    #18
    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. :rolleyes:
     
  19. macrumors member

    Joined:
    Mar 31, 2012
    Location:
    California
    #19
    I agree! It's nice not to have to worry about the performance of individual stocks.
     
  20. thread starter macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #20
    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.
     
  21. Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #21

    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.
     
  22. Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #22
    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.
     

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