Anyone participate in the stock market?

[IJesusChrist]

Im sure some of you will probably hate me for sayiing this but I have some $ in the stocks.

I figured I was in college and I could probably figure out the stock market enough to atleast never lose money.

So far its worked, I've racked in some money, nothing worth preaching about but I've definitely used some of it with plenty to spare.

I also have a strict guideline in what I invest in:
Green companies.

I started in solar, and i fell into a few advertising traps at first, but now I'm on the steady track in the stocks that "have to go up". I would advise, if any of you have some money to spare and would like to see something later in life to take a gander at solar energy stocks. You benefit the company, as well as benefit the world..... while making some $. Its kinda nice.

 

[greenwizard]

soo, whats the catch?

 

[IJesusChrist]

heh. There wasn't one in january. The stocks had to go up. there is also a trading fee - from 3$ to 9.99 depending on your company. Mines 4.5$ (this means you have to make more than 9$ per company stock before you start making a profit.)

Now the economy is slightly settling out, but will most likely dip a little bit here. So you could short a bunch of companys now, cover later, come out on top.

But really, if you have a few hundred, I'd advise you to start educating yourself. Just please don't buy non-green companys. If anything Short them, cause they will probably bite the dust soon. (hopefully)

 

[greenwizard]

Its a risky business. How are hemp industries going? Solar-panels are the best option for now?

 

[IJesusChrist]

I'd wait a month if you plan to do anything, the stocks are tipsy right now. I think another crash may happen actually but invest end of july in solar, then sell quickly (month-2months).

Cancer research companies are rising and falling all the time. If you find one in the reasearch stage, you may be able to hop on a quick 30-100% gain in a few weeks. I havn't looked at hemp haha.

Another smart option is to short oil and gas companies now. I have never shorted and probably won't until I get some real education on it. But it is basically you "Buy" high and "sell" low to make a profit... but rplace buy with short and sell with cover. So you Short at high $ and Cover at low $ to make your $...

 

[Psyolopher]

lol are you greedy enough to be successfull within this chosen profession of yours?

 

[greenupma]

Guess there is a satisfaction one derives when one invests in green and renewable energy stocks, but from a purely commercial point of view, one has to evaluate green stocks on parameters similar to those for any other stock.

Plus, remember there are many companies that would like to use the green trend to make a quick buck while greenwashing their wares. Which is why it is important to understand what a company does and what its products' real utility is. Please do not get impressed by great sounding tech jargon. Go to the bottom of the thing and find out what exactly the company's product does and where it fits in the big picture.

If you are sure of which particular tech is going to win, go with mutual funds or ETFs - there are a good number of both for the renewable energy industry today

NS @ Alternative Energy Profits - http://www.altprofits.com/ref/report/report.html

 

[IJesusChrist]

You're completely right, but it seems you're more in it for money rather than to accelerate a chosen business.

I've gone into JASO and YGE, they are my top picks, and if you've looked at them, they are pretty close to the top 2 companies. JASO delivers to BP and YGE is (one of the) main chinese solar industry.

Psylopher it's not a profession its a hobby... I'm not greedy, I have a sense for the value of money in my life. If you reject money nowadays you are wise, but far, far to stubborn to become wiser.