   AMD stock
  A few days ago i had my dad buy me $300 of stock in AMD (about 15 shares). It was like $15 a share at the time. I bought it becuase once that one 64-bit Windows OS comes out (if it hasn''t already) people will start buying Athlon 64s. I also like the company, and that money wasnt doing anything in the bank. Do you think this was a good idea?    ______________________________________________________________"It takes all kinds."   -Adam CarollaMy Site
  hmm... AMD went down $0.62 today.Congrats, you lost $10 today, plus that $0.50 you gave me too...edit: nevermind, that $0.50 was yesterday :\   [edited by - Xtremehobo on February 4, 2004 10:39:38 PM];  The problem with buying stock as a non-stockbroker is that it''s very difficult to do better than average. If the thought of increased Athlon-64 sales has occurred to you, then it has occurred to every stockbroker in the market, who has then done extensive research to try to guess how exactly those sales will be impacted. Thus, the current stock price already reflects what everyone else thinks about AMD''s future performance. And "everyone else" in most cases turns out to be an extremely accurate opinion.   "Sneftel is correct, if rather vulgar." --Flarelocke ;  I think once AMD gets past their production problems with their newer chips they will take off... ;quote:Original post by Sneftel  The problem with buying stock as a non-stockbroker is that it''s very difficult to do better than average. If the thought of increased Athlon-64 sales has occurred to you, then it has occurred to every stockbroker in the market, who has then done extensive research to try to guess how exactly those sales will be impacted. Thus, the current stock price already reflects what everyone else thinks about AMD''s future performance. And "everyone else" in most cases turns out to be an extremely accurate opinion.   "Sneftel is correct, if rather vulgar." --Flarelocke   Hmm... I didnt really think of that.   ______________________________________________________________"It takes all kinds."   -Adam CarollaMy Site;  Have you considered sending AMD an email:''OMG I own X% of your company, give me the latest AMD processor''? ;quote:Original post by alnite  Have you considered sending AMD an email:''OMG I own X% of your company, give me the latest AMD processor''?   Umm... do you really think that''ll work? ______________________________________________________________"It takes all kinds."   -Adam CarollaMy Site;quote:Original post by mink_trapper  quote:Original post by alnite   Have you considered sending AMD an email:''OMG I own X% of your company, give me the latest AMD processor''?   Umm... do you really think that''ll work?No. ;  The thing you have to remember is that the stock market is a waiting mans game.  If you are in it to make some quick cash it probably wont happen unless you are extremely lucky/talented.  If you are in it for the long run though then there is a chance you will make some money.  For example, 3 years ago I bought stock in dell for around $20 a share, it took about 2 years before the stock went up to the point where I would actually make a profit off of it.  Around the same time I was thinking about buying stock in Nvidia which was also around $20-30 a share and I wish I had because a couple of months later their stock shot up to $60 a share.  I could have doubled my investment but now its back down to $20.So in conclusion, the stock market is a form of gambling, sometimes you win sometimes you lose. "Give a man a fish and he will eat for a day, drown a man in the water and the fish will eat for a week! ;  I think im going to wait on this one, unless it does shoot up! Then ill have $900 instead of $300 and to celebrate my winnings I''ll get an Athlon 64. lol.   ______________________________________________________________"It takes all kinds."   -Adam CarollaMy Site