Anyone Try Those Stock Sites
By Ntek21
@Ntek21 (63)
United States
November 16, 2010 12:54pm CST
Was thinking about trying out one of those stock sites that brag that they can get your a nice return. The way they make it seem is like its fool proof.. which i know theres no such thing.. but wanted to know if anyone has tried it and what site did you use?
4 responses
@divitiae (193)
•
18 Nov 10
I make a good return in the stock market, I don't know what sites you are reffering to but I suspect previous posts are right that many are scams. I use motley fool, digitallook and advfn for initial ideas and screening but most of the research is done on the companies own website and in the annual reports.
If you are looking for somone else to pick the shares I would go for a trust trading at a discount to nav, that should be better than buying at random because you are getting random shares only cheaper and you know a trust is regulated.
Personaly I would not invest serious money without doing my own research which might seem like a lot of work but the return works out as far far better pounds per hour than any job.
@magtibaygom (4858)
• Philippines
17 Nov 10
Don't believe them if they brag you will get a nice return because in stocks investing, there is no guarantee you will make money! Money in stocks are made depending on the performance of companies you invest your money with. If they perform good, you make money, but if they don't, then you just standby and wait for better days. Maybe those promising you guaranteed return are not really stock investment companies.. maybe they are just HYIP which are mostly scams. Be careful.
@EKOBERNIE (264)
• United States
17 Nov 10
I am afraid to try them, they are all fakes. If these people claim to be making a lot of money why are they still around and no one tells their secrets on making money believe me. Don't believe them, I know someone that bought 100 dollars of penny stock and got 200 back, then he bough 300 dollars worth and got back 500 dollars. He told me he was making money and the last time I talked to him I asked him what happen. He told me he invested 1500 hundred dollars after the 300 and all his money was lost. So be real careful of those sites.