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Texrat is offline Texrat
2011-03-16 , 20:18
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#11
It is a good historic buying point, and I did add to my collection today.

But $300??? Doubtful. I'll sell when it pops back over $30.
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jd4200 is offline jd4200
2011-03-16 , 20:23
Posts: 451 | Thanked: 424 times | Joined on Apr 2010 @ England
#12
I wish I had an idiots guide to buying shares.
 
sophocha is offline sophocha
2011-03-16 , 20:41
Posts: 559 | Thanked: 166 times | Joined on Jan 2010 @ Cyprus
#13
Originally Posted by jd4200 View Post
I wish I had an idiots guide to buying shares.
Yeah, me too. www.share.com is a good start but see the annual tarrif ...it`s a joke, 20 pounds every 4 months, 7.95 processing fees....better keeping the money in the bank.
 
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automagic68 is offline automagic68
2011-03-16 , 20:43
Posts: 415 | Thanked: 161 times | Joined on Apr 2010 @ San Francisco, CA
#14
I love buying Nokia stock the price keeps dropping! More shares for my $$$ its good stuff.
 
Texrat's Avatar
Texrat is offline Texrat
2011-03-17 , 15:10
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#15
I already made money on yesterday's NOK purchase.
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abill_uk is offline abill_uk
2011-03-17 , 15:26
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#16
When Nokia bring out their next device after this joint merger you will see Nokia shares jump in value IF the device turns heads and i am pretty sure it will be a knockout device.

Now IS a good time to buy but i would wait a few weeks more, biggest problem is finding the cheapest way to buy shares, not an easy task for those who are new to stocks and shares.
 
geneven is offline geneven
2011-03-17 , 15:44
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#17
I think that the OP is basically right and this is a good time to buy Nokia stock.

I like the bottom-feeder technique of buying stocks. When I sense hysteria, I think that eventually good sense will prevail, so I buy. That's what helped me buy $200 worth of Ford stocks that are now worth way more than $1000.

I think Nokia is likely to go up a couple points, anyway.

Edit: Check Fidelity.com for a cheap and user-friendly way to buy stocks.
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Texrat is offline Texrat
2011-03-17 , 15:56
Posts: 11,700 | Thanked: 10,045 times | Joined on Jun 2006 @ North Texas, USA
#18
Originally Posted by geneven View Post
Edit: Check Fidelity.com for a cheap and user-friendly way to buy stocks.
I also recommend folioinvesting.com. 2 FREE window trades per day (with very few restrictions). This service is really good for people looking to build a retirement fund without spending a lot on fees.
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lma is offline lma
2011-03-17 , 17:07
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#19
Originally Posted by txh View Post
This is a good time to buy into Nokia.
Are you a qualified financial advisor?

Imagine buying 10 shares today for $7.80 and selling those 10 shares 1 or 2 years from now for $300 each. (Assuming Nokia shares rise to $300)
Or: imagine buying shares two years ago at ~$15 and now having to choose between keeping them and hoping the price rises a bit in a few years or liquidating and losing about half of what you paid.

Originally Posted by Texrat View Post
I already made money on yesterday's NOK purchase.
Technically you don't make money until you sell. In the meantime you just have some (probably virtual) pieces of paper obtained at a lower price point than the current one.
 
ssjtoma is offline ssjtoma
2011-03-17 , 17:28
Posts: 63 | Thanked: 23 times | Joined on Dec 2008
#20
Originally Posted by lma View Post
Technically you don't make money until you sell. In the meantime you just have some (probably virtual) pieces of paper obtained at a lower price point than the current one.
Umm.. and what about the dividend?
 
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