Made Dollas off of AMD

[OCC Fan]

well i thought i'd give the stock market a chance so i can make money. i bout 3 amd shares for about 17 dollas each a couple about half a year ago. then about a month after i bout it, amd said that they and dell were just thinking of ways to use amd chips on some dell servers. this shot up the amd stock so high i made $1007.35......... pretty good after just putting in like 50 dollas.... BUY AMD

 

[FoxyLoxy]

I've wanted to do that, where can you buy just a little bit of stock?

 

[OCC Fan]

well my dad does stocks..... you can't just but in and start doin stocks, you need to give them your bank account crap and everything... i just gave him my 50 dollas and told him to by 3 shares of amd for me... and every day i would search for news, or ask him what the deal was....... its pretty good money when ur a sophomore in high school.

 

[Nubius]

Yeah but hardly anyone has a parent in the stocks that they can just hand money too. Generally you gotta buy a minimum of like 1000 shares or so.

If people could just throw down $50 for 3 shares of AMD we would have done that a long time ago.

Don't know if it's actually 1000 shares, but I'm pretty sure you gotta buy a certain minimum

I've wanted to throw money into various stocks, but yeah I don't really know how to go about doin it

 

[mrdinkel]

I think the minumum that we had to buy in the stock market game was 100. From what I remember from the research i did for the game, AMD has a high beta, so if you're a risk-taker, and want to make money its a good idea.

www.smartmoney.com is the shit for looking up stocks.

It's beta is listed as a 3.06.

 

[guess123]

umm im not expert but i think that u can buy any number of stocks... even 1 ...BUT it costs like 20 or 30 bucks for the paperwork n then also 20-30 when u sell it

SO its not worth it unless u buy like 100 stocks or w.e

 

[mrdinkel]

Where the real money would be is buying and selling comodities. But with that is also the idea that you are taking a MUCH higher risk.

Mutual funds are imho the best for starting out, because it pays a lot better interest than savings and bonds together.