Wow I am asking a simple question hoping people will be friendly enough to help me out.  No need to be calling me a f***ing idiot and a moron.  With all your negativity you all will fail in the stock market.  You sound like you all got picked on and beat up in high school and are now picking on someone whos not very familiar with stocks.

However I have been doing most of the right things and saving my paychecks and investing into the stock market with it.  I only got lucky with aig as i bought in back in March when it was around 3 dollars and selling half my shares at 45 dollars.  Other than that my portfolio is all over the place.

Thank you for at lease your advice LA Broker I wish for you to live a very prosperous life.

[quote=Spaceman Spiff]I’ll be his mentor. 

Or C, or BAC, or...well you get the point.  We used to joke about the stocks that research would pick for the E/G and PDP classes to focus on during the call sessions.  I don't know of any of them that ever turned into anything worth talking about.  Unless worth talking about means pink sheets. 

I can still hear the classroom monitor saying :"Nobody ever got hurt buying … "

[quote=LockEDJ] I can still hear the classroom monitor saying :"Nobody ever got hurt buying … "

We did C, BAC and pepsi… I think the 30 year corporate was C too if not it was CIT.



One guy who was getting orders was telling people that C would never go down… Or remember BAC has increased it’s dividend every year for the last 100, so you get a raise every year…

"Nobody got hurt..."

[quote=j.wehman]
Im not gonna stoop to your childish level.  If you understand anything in finance then you would know that the banks themselves + democrats + government owned Fannie Mae and Freddie Mac caused the crash of the mortgage market.  They are the ones that created the loan programs and paid brokers millions to sell them.  You have no one to blame but yourself.
Go ahead and be a pissed off person cause you lost your whole whopping 1000 dollars in life savings.
All I ask for is a mentor to help me out with the stock market and you all run in and bash me for no f***ing reason. 
[/quote]

Wow, your spelling and grammar just got so much better on your later posts…You must have started those college courses Ice recommended…

I hate to point this out, but guys like this are the reason the markets couldn’t possibly be efficient.

[quote=Moraen]I hate to point this out, but guys like this are the reason the markets couldn’t possibly be efficient.

There are HUNDREDS of THOUSANDS of these guys out there every day. Using their e-trade and sharebuilder accounts trying to turn their 300.00 into 30,000.00. I think they make an impact.

Of course $300 x 300,000 would not make an impact on the market as a whole but they do make an impact on certain issues, I think.  I used $300 as an example - truth is people use their old 401k often times as play money, so alot more money is at play for the tools trying to find the next fad:  ford, fannie, freddie, cit, aig, XM – etc. etc.

Again, don’t think they impact the broader market but individual companies? I think they could and do.

There was a story published in a book called “The New Kings of Non-Fiction.”  It was about a 13 year old kid who would use stock message boards to blow up companies as “hot tips”  He would use his dad’s etrade account to buy these penny stocks, then go online and make all these losers believe that this company was the next big thing.  The stock would skyrocket artificially overnight and the kid made like 1.8mm in 3 months.  The SEC literally came knocking at his door.  This was back in the mid-ninties.  They arrested the kid and brought he and his folks in for questioning.  The problem was, at the time there were no  laws in place  that this kid was breaking.  It was brilliant.  The SEC brought a case against this kid, I don’t remember specifically what they brought him down on.  I do remember that the kid had to give like 1.3mm to the SEC as a penalty and was banned for life from the industry.  I’m pretty sure the D-Bag who started this thread IS this kid.  Difference being, that kid was brilliant, and the guy who started this thread is… a D-Bag.

so now im a dousche bag for simply asking for a mentor in the south florida area… im new to the area is that such a problem.  and all you people wanna bash somone who is trying to see who in the area would take them under their wing.  i do not understand what i did for all of you to start bashing on me.

someone please explain
thanks

[quote=j.wehman] so now im a dousche bag for simply asking for a mentor in the south florida area… im new to the area is that such a problem. and all you people wanna bash somone who is trying to see who in the area would take them under their wing. i do not understand what i did for all of you to start bashing on me.someone please explainthanks

[/quote]



are you… crying?

[quote=Moraen] [quote=j.wehman] so now im a dousche bag for simply asking for a mentor in the south florida area… im new to the area is that such a problem. and all you people wanna bash somone who is trying to see who in the area would take them under their wing. i do not understand what i did for all of you to start bashing on me.someone please explainthanks

[/quote]



are you… crying? [/quote]



There’s no crying in baseball …



But to answer the original question … on the whole, we consider ourselves professionals. Our time is worth money and you are wasting it. Go to the bulk food section of your local grocer, grab some cashews and see what the lady is offering for samples over by the meat section.

ok fine i spelled douche wrong… its not everyday i take a look into that word to learn how to spell it…  but you all consider yourselves professionals… only real professionals have read the book think and grow rich by napoleon hill, and he clearly states that “you must give something for nothing if you want to be successful”; andrew carnage states the same exact thing and if you are all such “professionals” you will know who those two are.

i never thought posting on a forum asking for help was wasting your time and money.  if that was the case why are you even trying to bash me?  wouldn’t you just ignore me then if that were the case?

also i did not grow up such a lucky person like the rest of you… i got into the mortgage market to make good money and to send myself to school, because my parents did not want to give me any money or sh*t to help me out in anyway for school. i do have my associates in business finance right now.  i’m back to school to finally finish up.

anyways im sick of playing with you big bad college degree corporate types.  good luck to all you “professionals”  and i wish great success to you all.

Show people respect, and you might gain that “something for nothing”.



You have reaped as you have sown, sir. And insofar as growing up lucky … don’t assume for a minute that we had our educations paid for, or that perchance our lives might have been worse than yours.



On the other hand, you want something for nothing. I’ve read Carnegie and Hill; I’m pretty sure neither one ever indicated you should expect something for nothing. Perhaps you can prove me wrong. Either way, I won’t lose a minutes sleep over someone as petulant as yourself.

Look man, no one wishes you ill will.  But no one on here is willing to
"mentor" a complete stranger about the business for free.  I’ll
tell you what . . . You give me some good prospects I can talk to,
maybe your parents or whoever where I can manage their assets (1
million, 300K, heck even 50K), then we can talk about mentoring.  And
something worthwhile too.  Not your buddy who wants to open a Roth at
50/month.  If you can do that, more people would be willing to help
out.

[quote=LockEDJ]Show people respect, and you might gain that “something for nothing”.



You have reaped as you have sown, sir. And insofar as growing up lucky … don’t assume for a minute that we had our educations paid for, or that perchance our lives might have been worse than yours.



On the other hand, you want something for nothing. I’ve read Carnegie and Hill; I’m pretty sure neither one ever indicated you should expect something for nothing. Perhaps you can prove me wrong. Either way, I won’t lose a minutes sleep over someone as petulant as yourself.



[/quote]

let me clarify on that “something for nothing” ex. giving a homeless guy on the street a set of cloths, one shower, and some food, and he gives you nothing… However down the road you will receive something even greater.

sorry for being ignorant to the fact that you guys get paid for giving advice. someone pmed me and let me know why you all got so insulted.  forgive me ill never come around again.