Thursday, April 29, 2010

Stocks That I Like (Prediction Game)

Just wanted to post a few stocks I really like right now. I want to start a game of my stock pick predictions so as of today here are my current stocks to watch. We will come back to these stocks in the near future say 1 month 3 month and 6 month to see how well they did. I will explain why I like these companies in another post later this week.



Current Prices



WFT-$18.23

AAPL-$261.60

GS-$157.01

CAT-$68.97

INTC-$23.26



Thank You,



Clay-

Tuesday, April 27, 2010

Today's Input On the Market

For everyone that saw the post with weird characters this afternoon I apologize. This was my first attempt at sending a message from my cell phone today and it didn't work correctly. Needless to say I removed that post. So here is what I have to say about the market today. Today was a perfect day to buy your favorite stocks. When stocks are down and in a market where others are scrambling to get in it's a great opportunity to buy on weakness, as long as the fundamentals haven't changed for that particular stock. Remember BUY ON WEAKNESS AND SELL INTO STRENGTH! For the new members out there some of this may not make sense to you and it's my job to make sure everyone understands. So please if you have any questions please ask.



Thank You,



Clay-

Sunday, April 25, 2010

Welcome! How I Grew To Enjoy The Stock Market

This is my first post to the Stock Market Monster blog. I would just like to say Thank You for viewing this blog! I'm very excited to meet others that would like to learn more about investing in the stock market. Most of what I will write about will be geared towards the stock market. However, I do know a great deal about personal finance as well. This blog is meant to help others and to create a community of great investors. It will be a place to share your investing experiences as well as any questions that you may have. Questions are welcome and any topics that you may want me to touch upon please feel free to post. Now here is a little background of how I started investing. It was a was a little over 7 years ago that I had a life changing car accident that led me into the world of investing. Sitting at home not being able to work gave me time to think about what other avenues I could take in order to generate extra income. I always heard people talk about stocks, bonds, and mutual funds. I heard there was risk involved and that you had to have a lot of money to start out investing. So what did I do. I said hey bonds aren't so bad. I can make money off them and they are guaranteed by the Government. So I went to my bank in my hometown and asked to talk with someone about investing. I meant with a Financial Advisor and he set me up with my first mutual fund. Man was I ever scared. I watched that fund like a hawk. I was afraid I was going to lose money. I would constantly check the market every few hours to see how my largest companies were doing in the market to gauge if I was doing well or not. I thought wow I really like this stuff. It always changes and I'm never bored. Needless to say I continued on my investing and read as many books as I could get my hands on over the past 7+ yrs. I have owned mutual funds and individual stocks. At one point after graduating college I actually was a financial advisor for a brief moment. I was a fully licensed advisor. Let me tell you those tests are no joke! Anyways I decided this wasn't for me. Maybe it was the company I worked for or I just didn't like to sell! When I became an advisor I knew there were better options out there for investments and I couldn't back a product that I didn't believe in. Needless to say I gave up on that job. I'm not a salesman more of an information junky. I'm more interested in how stocks go up and down and what causes them to do this. By knowing how stocks work gives you a definite advantage in the market. So in closing this was just a brief description of how I started, but the most beneficial thing that I have learned from all my experience in investing is the information to be successful is right in front of you. It's called BOOKS! That's where I learned to invest. Reading and doing your homework is key to being a successful investor.


Thank You,


Clay-