Posted by: hukka_nepali January 12, 2006
Anyone into Stock Market?
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Just wondering if there are any active investors who are playing the stock market among us here in sajha. I am a rookie investor myself, so it would be nice to share a few thoughts, ideas, and tips with those involved in it. From what I have seen in America, owning your own business or being an wise investor is the only way to build wealth. Well you can always hit the jackpot lottery but what are the odds? Investment, Stock Market, and all the financial jargons related to them can be overwhelming and intimidating for first time investors, even more so if you are an immigrant. So, I hope we can make this a knowledge sharing platform to help those who are interested in learning more about investment and stock market in general. And for those of you who have no interest in stocks or investment at all, here is why may be you should reconsider. We all know about Dell computer and chances are at one point or another we have all used it. If you had spent $5,000 on Dell stocks in 1998 your return as of today would be over $133,000. Or how about ebay? I know I use it for buying and selling time to time. If you had spent $5,000 on ebay in 2003, guess how much would be the value of your stock today? In less than 3 years your $5,000 investment today would be worth over $47,000 today. Now I am not saying it's a sure thing because you can lose money in the stock market as well and that is why you need to be wise and do your research. So, if we have interested folks, we can make this a way to help each other in a small way. Thanks.
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