Comments on: Stock Market Investing Guide > Day Trading Like a Pro – Mastering Your Trades

By: guzen

guzen — Thu, 12 Nov 2009 19:24:15 +0000

I bet the chinese are slowly pulling out of the USD! They figure that it’s better to keep the Precious metals in their country!

I think silver is becoming more scarce than majority thinks.

By: shah gee

shah gee — Thu, 12 Nov 2009 16:52:55 +0000

I would say put that money in a high yield savings account at ING direct. It pays 4.35% interest and is FDIC insured, and it won't lose any value. This return is a guaranteed one. Good luck
http://www.ingdirect.com

By: WPBlog Shop

WPBlog Shop — Thu, 12 Nov 2009 16:31:19 +0000

of course. They are not stupid like Americans appear to be. Why do the Chinese have a government that cares about their future and we in America don’t?? Where do you live DeeHong?

By: rails

rails — Thu, 12 Nov 2009 14:31:16 +0000

Would you like to know a good way to invest in silver? Check out my website!!

By: Robert P

Robert P — Thu, 12 Nov 2009 11:17:53 +0000

Study this.

http://www.investopedia.com/dictionary/default.asp

Until you know about stocks, put that money into a savings account.

By: psychic

psychic — Thu, 12 Nov 2009 11:13:37 +0000

great news for silver and the friends of silver.

By: NYC GIRL

NYC GIRL — Thu, 12 Nov 2009 01:16:06 +0000

Hey girl we're in the same boat I have absolutely no idea where to start…I am also 21 and want to know what i should be doin…

By: Free Blog

Free Blog — Thu, 12 Nov 2009 00:06:28 +0000

I live in Canada, What sucks here is you get taxed when you buy gold and silver.

By: Prabin M

Prabin M — Wed, 11 Nov 2009 10:47:07 +0000

I don't know when you invested, and how long it took for this loss to occur, but if it were me, I would let it sit. I would not want to take a loss at this point and I believe it will go back up, but I don't know when. It's a tough decision, but I'm one of those who does not like to lock in a loss (maybe it's somewhat a flaw on my part but in many cases I think patience will bring a positive return.)

I don't understand the units of money, by the way, but I assume you are saying it was 50,000 and is now less than 40,000.

As for a loan, you'll have to pay that with some other money, I guess.

By: hball2

hball2 — Wed, 11 Nov 2009 05:13:10 +0000

Keep your distance from any book that promises to teach you how to make millions. No honest book can. Indeed, I'd stay away from any book that talks about beating Wall Street or doing anything else remarkable. The only exception would be Peter Lynch's books (which you've already mentioned).

The classic introduction to value investing is The Intelligent Investor by Benjamin Graham. I'd recommend this and Lynch's books and any college textbooks. Textbooks may be dry, but they won't lie to you or give you unrealistic expectations. If you're serious about investing, it's worth dealing with a bit of dryness.

I might add that these books won't really define the basic operations of the stock market. So if you're a total beginner, I'd start with reading all the articles in Investopedia.com.

Hope this helps.