Investing 102 - Lateral-g Forums

Bucketlist2012 · #1 02-25-2012, 07:26 AM

Hey guys,

I thought I would post this to avoid problems..

I am Mike and I have started an investment thread elsewhere.

I am just giving people references to use to study, no advise ...I can't.

One was to come to this thread and read it several times and have a note pad with you..

My post today is for the new guys, PLEASE do not PM Greg about what to invest in...

If you are truly PAYING ATTENTION, this thread teaches you some skills to study and apply, not go buy this....

Everyone wants the quick answer and gets upset when we don't give them the Hidden codes to wealth...They are not hidden....But you got to comprehend what you are reading.

I just felt the need to say something ahead of time since I used this thread as what I think is a great tool for learning...I am pointing people to the tools, not the stocks to pick....A man must know his limitations..

So enjoy this thread, and study it, but do not PM Greg for help with your 401K, or what should I do with this or that...That won't go over well and then I am responsible for it..

Please, study and be patient... And these guys are here to help, but read the theme of the thread...To learn to do it yourself, and , or understand why your advisor is doing what he is doing...

Thanks Guys, and gals...I thought a preemptive strike was necessary

...

**GregWeld** · #2 02-25-2012, 07:57 AM

Well said Mike...

None of us mind "helping" -- but this thread is trying to be the "teach a man to fish..." thread rather than let me catch you a fish.

Investing is a lot like hot rodding. Each guy has different taste - different dreams - different resources... different skills.

Once you know how to tune up a car - the basics can be translated to any car..

It's the same in investing. Some guys are chart happy - some need to see a P/E (Price to earnings ratio) that makes 'em happy - some are more comfortable investing in the sector that they work in and understand the best... but the basics remain the same IF you want to be comfortable owning stocks.

But! Before you can DO any of this -- you've got to save some money each month - or be willing to save that bonus rather than blowing it going to Hawaii.... because saving for 10 years -- and investing -- will then allow you to go because your investments will be growing and compounding.... and that's what this thread is really all about. As Nike says! Just do it!

Bucketlist2012 · #3 02-25-2012, 08:12 AM

Quote:

Originally Posted by GregWeld

Well said Mike...

None of us mind "helping" -- but this thread is trying to be the "teach a man to fish..." thread rather than let me catch you a fish.

Investing is a lot like hot rodding. Each guy has different taste - different dreams - different resources... different skills.

Once you know how to tune up a car - the basics can be translated to any car..

It's the same in investing. Some guys are chart happy - some need to see a P/E (Price to earnings ratio) that makes 'em happy - some are more comfortable investing in the sector that they work in and understand the best... but the basics remain the same IF you want to be comfortable owning stocks.

But! Before you can DO any of this -- you've got to save some money each month - or be willing to save that bonus rather than blowing it going to Hawaii.... because saving for 10 years -- and investing -- will then allow you to go because your investments will be growing and compounding.... and that's what this thread is really all about. As Nike says! Just do it!

Thanks Greg...Yes some of the guys are bitten with interest, and some of them are both smarter than me, and they are excited, so a few will study, act and prosper..

We have the few nervous nelly's and of course the condesending sceptic talking before they read, and reading with bias, and then commenting.

I prefaced by saying that I am no pro and just here to help, and I get the comment that I SAID, I was a Guru, and to buy and trade Gold ??? hahahaha... Never in my words but people read what they want. So that is why I posted what I did.For those who start reading the thread with one eye, and listening with one Ear..

But you would be proud...Almost all are sharing why they are doing this, should I pay off this and do that..Thinking about it and getting ready to act..i love it..I recommend NOTHING but this thread, magazine's and resources, NO assets at all...So they can never say, i said to do this....But funny , someone will say it, but there are so many great people, the one or twp that don't read correctly, it is still worth it to see people getting excited about the right things. because i have a soft spot for those who taught me what i know. Killer life skills that no one wants you to know..

Also if they truly read as they should, you won't get bothered. AND IF YOU DO, tell them to finish reading because they flunked the Quiz.

toy71camaro · #4 02-25-2012, 08:37 AM

Just wanted to pop in and say I am one of those "guys from the other forum". LOL

Just have to say, I'm about 1/2 way through reading this thread here, and it has helped tremendously in my understanding and also reiterating what i was reading elsewhere (that i didnt know if i should trust or not). Hearing it come from multiple sources, successful sources, that i trust arent trying to "Sell me something" but rather "help learn something" is key.

So to Greg, Mike, and the others who have participated in both this thread, and the other forum, I say thank you. I can see and feel the motivation for me and a lot of other people just by explaining things in laymen terms.

Again, thanks.

Albert

**GregWeld** · #5 02-25-2012, 08:42 AM

Albert == WELCOME!!

Good to hear that someone is reading! Many times I think it's just Mike and I having our own little discussion... so glad to have you join in.

Now - since I'm in Scottsdale enjoying some sunshine after our rainy Run To The Alamo race event... I'm going to hit the Starbucks and start my day!

Cheers!

Bucketlist2012 · #6 02-25-2012, 08:48 AM

Quote:

Originally Posted by GregWeld

Albert == WELCOME!!

Good to hear that someone is reading! Many times I think it's just Mike and I having our own little discussion... so glad to have you join in.

Now - since I'm in Scottsdale enjoying some sunshine after our rainy Run To The Alamo race event... I'm going to hit the Starbucks and start my day!

Cheers!

Gotta say, it sounds like an old softy, but it warms my heart to see people getting excited about this...Makes me feel good, because I am only trying to help. Makes my day.

Well that and going into the Car dealer the other day to buy my new used toy for cost with a new car warranty, and a pleasurable experience at the car dealers. Wife and i were so prepared and together, that they were blown away.. Second biggest purchase you will ever make, smooth as butter...

Bucketlist2012 · #7 02-25-2012, 08:49 AM

Quote:

Originally Posted by solarguy09

Gotta say, it sounds like an old softy, but it warms my heart to see people getting excited about this...Makes me feel good, because I am only trying to help. Makes my day.

Well that and going into the Car dealer the other day to buy my new used toy for cost with a new car warranty, and a pleasurable experience at the car dealers. Wife and i were so prepared and together, that they were blown away.. Second biggest purchase you will ever make, smooth as butter...

Albert....Nice job man and all the best.