Investing

So there was some threads in the past about Real Estate investing. I was wondering if anyone here had any info for me on something. Sadly I am at a low point for money or I would be into this for all I have. Past year at 1.40 a share, dropped to 20 cents. I was told to buy in at 32 cents currently trading at 50 cents after being at 32 last month. So question - How do I go about getting a loan to invest into something like that? Yeah I'm poor, but I am smart and I have managed to survive without a real job for years now. I run my own business stuff now and its training me to think different than before. Also the same person who told me to buy in at 32 expects it to rise significantly over a few years.

So how does borrowing on margin work?

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Originally Posted by nynco

Yeah I'm poor, but I am smart and I have managed to survive without a real job for years now. I run my own business stuff now and its training me to think different than before. Also the same person who told me to buy in at 32 expects it to rise significantly over a few years.

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Walk into a couple banks and recite the above verbatim. You should be good to go.

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Originally Posted by nynco

So there was some threads in the past about Real Estate investing. I was wondering if anyone here had any info for me on something. Sadly I am at a low point for money or I would be into this for all I have. Past year at 1.40 a share, dropped to 20 cents. I was told to buy in at 32 cents currently trading at 50 cents after being at 32 last month. So question - How do I go about getting a loan to invest into something like that? Yeah I'm poor, but I am smart and I have managed to survive without a real job for years now. I run my own business stuff now and its training me to think different than before. Also the same person who told me to buy in at 32 expects it to rise significantly over a few years.

So how does borrowing on margin work?

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Invest on your own future.. stop being a liberal.

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Originally Posted by nynco

So there was some threads in the past about Real Estate investing. I was wondering if anyone here had any info for me on something. Sadly I am at a low point for money or I would be into this for all I have. Past year at 1.40 a share, dropped to 20 cents. I was told to buy in at 32 cents currently trading at 50 cents after being at 32 last month. So question - How do I go about getting a loan to invest into something like that? Yeah I'm poor, but I am smart and I have managed to survive without a real job for years now. I run my own business stuff now and its training me to think different than before. Also the same person who told me to buy in at 32 expects it to rise significantly over a few years.

So how does borrowing on margin work?

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what's the stock symbol and I'll let you know how to invest on margin? (no IM/PMs allowed)

I don't actually know much about stocks. MrPrena is your guy for that.

I didn't know you weren't banned.

Why do people have to be so confrontational. I don't see any of you guys on the liberal sites working to defend the 2nd Amendment. I get crap from you all because I am not lock step and crap from the other side because I am VEHEMENTLY pro 2nd Amendment. Its a gun site, why don't we gun owners stick together instead of chasing off allies for not being party pure?

Now back to investing. I personally want to buy this to ride it to 100. Which I think is possible.

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Originally Posted by nynco

Why do people have to be so confrontational. I don't see any of you guys on the liberal sites working to defend the 2nd Amendment. I get crap from you all because I am not lock step and crap from the other side because I am VEHEMENTLY pro 2nd Amendment. Its a gun site, why don't we gun owners stick together instead of chasing off allies for not being party pure?

Now back to investing. I personally want to buy this to ride it to 100. Which I think is possible.

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I'm not being confrontational but sometimes advice isn't free. If you gotta good tip and you want advice, then feel free to share.

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Originally Posted by nynco

Why do people have to be so confrontational. I don't see any of you guys on the liberal sites working to defend the 2nd Amendment. I get crap from you all because I am not lock step and crap from the other side because I am VEHEMENTLY pro 2nd Amendment. Its a gun site, why don't we gun owners stick together instead of chasing off allies for not being party pure?

Now back to investing. I personally want to buy this to ride it to 100. Which I think is possible.

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Simply put, american liberalism portrays profiteering to be evil. You want to be successful, stop being liberal. Otherwise, collect that food stamp and be happy to spread out your wealth.

Well this is an unrelated tip but came from the same source. This company is getting closer and close to producing artificial blood which I am sure the military will buy a ton of. Spectra Inc out of Ohio.

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Originally Posted by ChunkyMonkey

Simply put, american liberalism portrays profiteering to be evil. You want to be successful, stop being liberal. Otherwise, collect that food stamp and be happy to spread out your wealth.

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Yeah thats the ticket... the whole world is black and white. [Sarcasm2]

When I get money to invest then I will tell. But the only thing I have right now is knowledge I believe in. I just was wondering if there are any routes that others think are a good path to use to capitalize on that?

This is a penny stock? That's gambling, not investing. Understand the difference. If the friend who gave you the tip isn't already filthy rich, you should wonder about his judgment to date. You know, the old "Why don't psychics just pick the winning Powerball numbers and retire" question.

ffs...it is fake blood! http://www.toledoblade.com/local/201...ial-blood.html

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Originally Posted by nynco

So there was some threads in the past about Real Estate investing. I was wondering if anyone here had any info for me on something. Sadly I am at a low point for money or I would be into this for all I have. Past year at 1.40 a share, dropped to 20 cents. I was told to buy in at 32 cents currently trading at 50 cents after being at 32 last month. So question - How do I go about getting a loan to invest into something like that? Yeah I'm poor, but I am smart and I have managed to survive without a real job for years now. I run my own business stuff now and its training me to think different than before. Also the same person who told me to buy in at 32 expects it to rise significantly over a few years.

So how does borrowing on margin work?

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Why not ask on a Financial web site like http://www.zerohedge.com/ ?

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Originally Posted by BushMasterBoy

ffs...it is fake blood! http://www.toledoblade.com/local/201...ial-blood.html

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My favorite quote form the above:
"It's unclear how much the company could profit from producing the synthetic blood because the product is still in the testing phase, Mr. Mejiritski said."

It's unclear how much the company could profit from producing the synthetic blood because the product is still in the testing phase, Mr. Mejiritski said.
Read more at http://www.toledoblade.com/local/201...BJ3pPDOQ5su.99

http://lmgtfy.com/?q=how+does+buying+on+margin+work

Yeah it's fake blood, for training... not for saving soldiers lives. It's not like synthetic oil in your car that can be used in place of the real thing....that would be a breakthrough, but fake training blood? Eh, not so much.

Don't buy gold. Man I got seriously f@*ked in the last 8 months on a rather large gold purchase. I'm kinda hoping the market tanks so it will swing back even so I can cash out.

Thank you everyone for the help and the things to read....

I laugh... that those news stories don't know how that company will profit off synthetic blood. bangs head on table. Hello.... as a past medic I can tell you that having synthetic blood to put in a patient to keep them alive a little longer is a HUGE leap forward. Esp because from what I gather, it does not need to be refrigerated as much as the real thing. They perfect that, that company is a gold mine.

And no from what I am told is they are working on fake blood that works like real blood too. But I am also taking this info from another person who is not medical but seems to have good knowledge because he spent his whole life in the intel field.

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Originally Posted by nynco

Thank you everyone for the help and the things to read....

I laugh... that those news stories don't know how that company will profit off synthetic blood. bangs head on table. Hello.... as a past medic I can tell you that having synthetic blood to put in a patient to keep them alive a little longer is a HUGE leap forward. Esp because from what I gather, it does not need to be refrigerated as much as the real thing. They perfect that, that company is a gold mine.

And no from what I am told is they are working on fake blood that works like real blood too. But I am also taking this info from another person who is not medical but seems to have good knowledge because he spent his whole life in the intel field.

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I hope you are kidding.

But, I'll bite.
The blood they are making, is only intended to look like real blood - for training purposes. It is not being intended to act like real blood - to save lives.

You two are talking about completely different thing. Nynco is referring to synthetic blood which is made from human stem cell as actual blood replacement. We are still at least a decade away from any real trial. The article, Nynco responding to is actually about artificial blood that can be used for medic training - fake blood. He'll make a great investor with that kind of reading skill. [Flower]

The person that pointed me to that company said they are working on real synthetic blood too. The kind made for the battle field. Perhaps it was a different company. He told me to look up a company in Ohio working on synthetic blood. This guy is a retired general.

It was at $1.40, dropped to a low of $0.20 then came up? Essentially what you're talking about is gambling on what are called penny stocks -- and it's gambling, not investing, unless you have inside information that shows that company is severely undervalued. Banks got in the hot water they did in 2007 by loaning money for speculative "investment" by people who couldn't afford to pay them back.

I don't know that this would be investment rule #1 but it's close: Don't take a loan to take a gamble. Only take loans to provide cashflow to do things you KNOW will pay back, e.g., purchase more inventory that you have high confidence in reselling at a profit.

As far as stock purchases on margin go, most brokers are willing accomodate this but you can only buy on margin to a limit that is set by the assets in your account -- they have to be able to liquidate your assets to meet a margin call so won't lend you more than they believe they could get back from selling your portfolio. Example: I have $10,000 in my account in a combination of assets and I think stock X is going to climb dramatically very soon (maybe they have a profitable patent or product coming out, maybe they took an unreasonable hit because some stupid actress testified erroneously in front of Congress, etc.).

Your broker will charge a rate for the amount you want to borrow. You pay interest as long as the loan is open but they may do a margin call under certain circumstances (in which case you have about 2 days to pay off the loan), e.g., if the stock you purchased tanks. If you don't pay the margin call, they have the authority to liquidate your account to get the funds (as well as pursue you for additional liability if your account doesn't cover the margin).

Buying on margin is generally for suckers. When you say you're sure the military will buy a lot of artificial blood ... you DO realize they're getting hammered right now? Not only are acquisitions being slowed or cancelled, training is slowed, tours are being lengthened (to reduce the move expenses), heck, our building has eliminated paper towels in the bathroom!
I can't find the company you're referring to. Spectra Inc (SPKTF) is a grey market stock out of Canada running 3/10 of 1 cent as of Jan 18, SpectraScience Inc (SCIE) is healthcare equipment company with stock running 4.65 cents as of 1:30 MDT. Be very careful of tips like this -- you might as well go to Blackhawk or Cripple Creek with the money you're "investing" -- at least you'll get a free beer out of it.

Coconut milk can be used as a blood alternative,,, BUY coconut trees.

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Originally Posted by Aloha_Shooter

It was at $1.40, dropped to a low of $0.20 then came up? Essentially what you're talking about is gambling on what are called penny stocks -- and it's gambling, not investing, unless you have inside information that shows that company is severely undervalued. Banks got in the hot water they did in 2007 by loaning money for speculative "investment" by people who couldn't afford to pay them back.

I don't know that this would be investment rule #1 but it's close: Don't take a loan to take a gamble. Only take loans to provide cashflow to do things you KNOW will pay back, e.g., purchase more inventory that you have high confidence in reselling at a profit.

As far as stock purchases on margin go, most brokers are willing accomodate this but you can only buy on margin to a limit that is set by the assets in your account -- they have to be able to liquidate your assets to meet a margin call so won't lend you more than they believe they could get back from selling your portfolio. Example: I have $10,000 in my account in a combination of assets and I think stock X is going to climb dramatically very soon (maybe they have a profitable patent or product coming out, maybe they took an unreasonable hit because some stupid actress testified erroneously in front of Congress, etc.).

Your broker will charge a rate for the amount you want to borrow. You pay interest as long as the loan is open but they may do a margin call under certain circumstances (in which case you have about 2 days to pay off the loan), e.g., if the stock you purchased tanks. If you don't pay the margin call, they have the authority to liquidate your account to get the funds (as well as pursue you for additional liability if your account doesn't cover the margin).

Buying on margin is generally for suckers. When you say you're sure the military will buy a lot of artificial blood ... you DO realize they're getting hammered right now? Not only are acquisitions being slowed or cancelled, training is slowed, tours are being lengthened (to reduce the move expenses), heck, our building has eliminated paper towels in the bathroom!
I can't find the company you're referring to. Spectra Inc (SPKTF) is a grey market stock out of Canada running 3/10 of 1 cent as of Jan 18, SpectraScience Inc (SCIE) is healthcare equipment company with stock running 4.65 cents as of 1:30 MDT. Be very careful of tips like this -- you might as well go to Blackhawk or Cripple Creek with the money you're "investing" -- at least you'll get a free beer out of it.

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+1

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Originally Posted by Rooskibar03

Don't buy gold. Man I got seriously f@*ked in the last 8 months on a rather large gold purchase. I'm kinda hoping the market tanks so it will swing back even so I can cash out.

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I think the time to buy is now, but I don't buy for short term anyway.

Stay away from margin buying.

Don't borrow what you can't afford to lose.

There is a reason so many people have warned to stay away from margin buying.

Gambling on margin has killed more people than the plague.

Sent from my electronic ball and chain.

BTW nynco, I'm glad you're asking questions and hope you note I'm not slamming you. However, I would like to add something which is more of an aside. The whole situation you're posing is something that burns me up. People get greedy so they dump money they don't have into something they really know nothing about (except what the salesmen tell them). All of a sudden, Reality smacks them in the face with a #10 cast iron dutch oven and they get mad at anyone but themselves so they make a lot of noise saying "there ought to be a law to protect me". Crap like this is how we end up with Sarbanes-Oxley, the CFPB, and a whole bunch of other legal and extra-legal bureaucratic bovine excrement that does nothing but add costs and complexity and hurt the small consumers or investors.

Want to make money or at least improve your financial situation? Follow Dave Ramsey's "no debt" plan and you'll find your financial worries will melt away like a May snow flurry -- it's part of the financial tradition in this country or was before the New Deal and Great Society got people thinking they could get free checks. Hell, it's how I was raised (long before Dave Ramsey got cool). Putting 10% of your gross away before you even see it will do more for you in the long run than all the "hot" stock tips in the world.

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Originally Posted by ChunkyMonkey

Simply put, american liberalism portrays profiteering to be evil.

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As do American online gun forums. Just look back at all the whining about $40 pmags. Capitalism is only popular in the abstract.

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Originally Posted by hatidua

As do American online gun forums. Just look back at all the whining about $40 pmags. Capitalism is only popular in the abstract.

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Truth.

I would suggest watching Boiler Room!

+1 to what AlohaShooter said. You're gambling, not investing. Don't put any money into this that you can't afford to lose.

The key to successful, long term, investing is diversification. I love Dave Ramsey for getting out of debt, but his investing advice leaves much to be desired. I learned alot about investing and diversification by reading Ric Edelman's The Lies About Money and listening to his radio show. It's a two hour show on Saturdays and it's also available as a podcast. The hard part about his method is that it is based on strict asset allocation. When one fund or sector gets too big (because it's going up in value) compared to the target percentage, you have to sell it and buy something in a sector that's low (it's losing value). It's counter-intuitive, but it forces you to "buy low and sell high" which is the only way to make money in the market.

IMHO Dave Ramsey has some good advice for those who are heavily in bad debt. But as far as creating wealth, there are many other better sources.

I also dislike his method of paying the smaller debt first. Rule of thumb is highest interest on bad debt first i.e. on depreciating asset like car etc.

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Originally Posted by hatidua

As do American online gun forums. Just look back at all the whining about $40 pmags. Capitalism is only popular in the abstract.

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On the contrary, this is an example of good capitalism. It's all about supply and demand; at $40, our demand will be lowered. By complaining and not purchasing, we increase the supply while decreasing the demand, which will lead to a lowering of price.

The difference between this and liberalism: We don't demand that the government force those mags to be sold at a lower price. We may think the shopkeep is greedy, but recognize their right to be so.

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Originally Posted by Inconel710

+1 to what AlohaShooter said. You're gambling, not investing. Don't put any money into this that you can't afford to lose.

The key to successful, long term, investing is diversification. I love Dave Ramsey for getting out of debt, but his investing advice leaves much to be desired. I learned alot about investing and diversification by reading Ric Edelman's The Lies About Money and listening to his radio show. It's a two hour show on Saturdays and it's also available as a podcast. The hard part about his method is that it is based on strict asset allocation. When one fund or sector gets too big (because it's going up in value) compared to the target percentage, you have to sell it and buy something in a sector that's low (it's losing value). It's counter-intuitive, but it forces you to "buy low and sell high" which is the only way to make money in the market.

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That's just plain old re-balancing. If you're not doing it with all of your investments, at least once per year, you're making a mistake.

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Originally Posted by ChunkyMonkey

IMHO Dave Ramsey has some good advice for those who are heavily in bad debt. But as far as creating wealth, there are many other better sources.

I also dislike his method of paying the smaller debt first. Rule of thumb is highest interest on bad debt first i.e. on depreciating asset like car etc.

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I paid off a lot of debt with a low paying job, in a relatively short amount of time. I developed my own method of doing so, and after having great success, found out that it was pretty much exactly Dave Ramsey's method. I knew the old addage about paying the highest interest off first, but recognized that by paying off something smaller first, it would boost my confidence to continue, make my list of debtors one shorter, and finally that I could roll that amount into my next biggest debt to tackle.

If you hear Dave Ramsey respond to the question of why smallest first, instead of highest interest first, he says that they've done the math both ways and the difference in the end is negligible. That is also what I found, as I spent a lot of time playing withs trying to find the best way to get out out of debt.

I also agree that Dave is good to follow for getting out of debt, but not the best for making money. Two different, and sometimes conflicting, mind sets.

Last time I checked, you cannot buy a pink sheet/penny stock on a margin account.