Megiddo said:
KLAMarine said:
Is stock investing much different from gambling? |
Very much different. There are a lot of extremely low risk methods that you can increase your money.
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GProgrammer said:
KLAMarine said:
I'll take your word for it. I just put all my money in a savings account when it comes time to 'invest'.
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And earn a couple of percent interest, you're better off doing what I do, very safe over time, just put your money into a portfolio which invests in lots of stocks, mines in over 100 companies, sure I don't make huge gains but its usually between 10%-15% gain each year
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Cerebralbore101 said:
KLAMarine said:
I'll take your word for it. I just put all my money in a savings account when it comes time to 'invest'.
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There are three types of stocks. Income, value, and growth.
A growth stock is a stock that you hope will go up in price in the future. Growth stocks are the most like gambling.
An Income stock is a stock that pays out 5% or more on a yearly basis. These stocks are stable, and legitimate investments. They also pay more than savings accounts or CODs.
A Value stock is a stock that sells low, but should be worth more. Sort of the same as a growth stock, but in reverse. I guess.
What matters most is that you invest in Income stocks like a sane individual. Don't bother with the other kinds of stock, unless you have some secret knowledge on the industry.
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Well guess I gotta give this investment thing a go now after three replies back-to-back. Income stocks it is.
