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-   -   Stocks ??? (http://www.saltycajun.com/forum/showthread.php?t=46029)

eman 07-17-2013 06:49 PM

The way PPI was explained to me was that you share the gains but they eat the losses . I guess that the broker gets half (or more) of the gains. If they make risky investments( high gains /High losses) they gain /loose more . playing w/my money.

Bdv2642 07-17-2013 07:06 PM

so the broker takes all the risk? Don't think so. Why would someone spend their time to invest your money and if it goes wrong they have to come up with the difference? Might not seem that unreasonable with one person's money but imagine if the broker is playing the market with all of his client's money in this manner. He would go broke the first time the market takes any kind of hit. seems too good to be true. and unless you are investing in hedge funds, brokers are not allowed to "day trade" with your money.

deek248 07-17-2013 08:37 PM

Watch a few of these shows before investing ANY money with ANYONE
http://www.cnbc.com/id/18057119
AMERICAN GREED ON CNBC.COM
Worthless pieces o shait!!

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Msucowpoke51 07-17-2013 08:52 PM

How in the world did y'all get this deep into this conversation and "w" didn't make one post

"W" 07-17-2013 10:27 PM

Long term buy stock with paying Divideds

ATT, Phizer, GE, OILT, Apple,Wal-Mart, Exxon

To me ATT is one of the strongest stocks for its price
How many have Iphones???
How many Iphone #s will they go too.. 6,7,8,,9 etc
How many people have cells phones??
Everyone pays there cell phone bill or you dont have service
Even hoodrats pay a cellphone bill!!

GE, they make "Light"
Until you know whats going on do not try to day trade!!! !!!!

Get a broker @ Edward Jones to set u up is the best thing!!

"W" 07-17-2013 10:31 PM

Quote:

Originally Posted by Bdv2642 (Post 606559)
so the broker takes all the risk? Don't think so. Why would someone spend their time to invest your money and if it goes wrong they have to come up with the difference? Might not seem that unreasonable with one person's money but imagine if the broker is playing the market with all of his client's money in this manner. He would go broke the first time the market takes any kind of hit. seems too good to be true. and unless you are investing in hedge funds, brokers are not allowed to "day trade" with your money.

Not sure what your talking about ; but I have had a broker going on 10 years and he invest my money in solid stocks and buys back in with dividend payments....

In 20 more years I can live off just Dividend and not have to touch my retirement...at all

deek248 07-17-2013 11:05 PM

Quote:

Originally Posted by "W" (Post 606664)
Not sure what your talking about ; but I have had a broker going on 10 years and he invest my money in solid stocks and buys back in with dividend payments....

In 20 more years I can live off just Dividend and not have to touch my retirement...at all

You could make an azz load of cash selling an E book on "how to make a butt load of cash by buying my book on how to make azz load of cash" F crooks

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Bdv2642 07-17-2013 11:08 PM

Was speaking only to the idea of a principal protection investment. Of coarse if you sign off and give your broker free reign with your money they can execute trades on your behalf. I believe what eman was referring to is a specific investment vehicle in which you buy in and are guaranteed your principal back. In other words much more structured than individual stocks and they are typically heavily invested in derivatives and other options. If your broker is doing this with your money(without your signature)...if he ever loses you significant amounts of money call an attorney bc I guarantee you could get your money back.

sniper3726 07-17-2013 11:25 PM

Buy Ammo!!! The worst thing that ever happened to me is I made money on my very first trade . It was all down hill after that .. If your gonna do it get a broker and check them out and get references . The "market" loves day traders . And don't get me started on the FTC letting all the companies (men) (crooks)get in business just to draw in "investors" only to shut it down and start another

deek248 07-17-2013 11:26 PM

Quote:

Originally Posted by Bdv2642 (Post 606678)
Was speaking only to the idea of a principal protection investment. Of coarse if you sign off and give your broker free reign with your money they can execute trades on your behalf. I believe what eman was referring to is a specific investment vehicle in which you buy in and are guaranteed your principal back. In other words much more structured than individual stocks and they are typically heavily invested in derivatives and other options. If your broker is doing this with your money(without your signature)...if he ever loses you significant amounts of money call an attorney bc I guarantee you could get your money back.

Yes sir you are correct. One of my family got screwed by one of those axzzholes! Was not directed at you personally ok?

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Bdv2642 07-17-2013 11:30 PM

No worries. I'm not in the business.

hawgsquatch 07-18-2013 05:23 AM

First rule: Risk only what you can afford to lose.

Second rule: Bullets, Band aids, Booze. I look at defense companies, pharmaceutical companies, and recreational companies in a war time economy.

Third rule: as I make money I PAY ALL THE TAXES upfront on the money I have made and then transfer my profits to long term blue chip stocks.

I have been doing this for eight years. I will be retiring soon at 44.


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