I need investment advice (stock market)

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Lamagoodle
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Re: I need investment advice (stock market)

Post by Lamagoodle »

Jasmine6 wrote:Nah it was not an IPO, I am not that brave yet.


About the Halal thing adeer are you saying that you would be comfortable investing in a mutual fund that has casino shares or shares in an alcoholic beverages company? That's what I mean about there being a line. And with the interest issue, the only time I would go out of my way to get into that is if I was taking a loan or using the interest to pay a loan or beat inflation, I just can't get myself to go out of my way to make interest. It feels wrong.
Adeer, economists use the word "cost of capital". You should safeguard your investments against inflatory pressure; Nominal. Interest rates/cost of capital are in theory meant to seal the holes of inflation.

As regards Halal again; there is nothing as xaaram as so called halaal money on the global market place. It is nonsense ; sorry about my language. It is those that do not know how the financial system works that blv in such a thing.

The best you can do is to invest in so called ethical funds; no weapons, no alcohol, no child labour, no gambling. The yield is little though.

Sell the shares and declare the loses in your income declaration. It is a win-win
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BlackVelvet
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Re: I need investment advice (stock market)

Post by BlackVelvet »

Shirib,

It was going to be long term but not as long term as it is going to have to be. To be honest there's nothing I want to spend the money on so it can stay in there as long as it takes. I told myself not to keep looking but I can't help it and these days every time I check it's another shock. Oh well, I guess it comes with the territory lol

Thanks though, you made me feel better about it :up:


Jaalle,

I look at it from an investor perspective, making money out of money not so much. I know that means I will never make as much as I could but that's fine with me.
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Re: I need investment advice (stock market)

Post by YummyMummy »

Useful thread :up:
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Shirib
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Re: I need investment advice (stock market)

Post by Shirib »

Jasmine,

If you're not in need of capital, ride it out and let it come back. If it's a well established company, it'll come back up. Everyone has their ups and downs.
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Re: I need investment advice (stock market)

Post by Jabuutawi »

Invest in mutual funds. Check your portfolio allocation and adjust by age cohort. If you are in your 20s, 80% in stocks;10% in bonds;10% in cash. As you get into higher age bands bring down your stock ownership by 10% and increase bond share by same %. Some funds automatically adjust for you. All you do is give your retirement age and they will automatically reallocate your portfolio.

Halal Mutual Fund:
http://www.amanafunds.com/

If you are not bothered by non-halal, I strongly urge Vanguard 500. It mimics the Standard & Poor's 500; invest in it and become a passive investor. It has historically gone up no matter the daily fluctuations of the markets.
Last edited by Jabuutawi on Wed Oct 08, 2014 2:59 pm, edited 1 time in total.
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BlackVelvet
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Re: I need investment advice (stock market)

Post by BlackVelvet »

Thanks guys :up:
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Re: I need investment advice (stock market)

Post by Octavius »

Jasmine one of my shares has lost 40% over the past few months but I'm not overly worried, nor am I selling them. This is because I am investing for long term gain, not short term gain. I bought the shares at 40% of their peak price and I am very confident that over the long term 3-5 years the shares will increase in value. I am actually thinking of buying more shares in this company to maximise my gains later on.
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BlackVelvet
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Re: I need investment advice (stock market)

Post by BlackVelvet »

It's a lot harder than it sounds isn't it? Buying more when share price falls...
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Shirib
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Re: I need investment advice (stock market)

Post by Shirib »

Jasmine6 wrote:It's a lot harder than it sounds isn't it? Buying more when share price falls...
if you want a quick profit yes, if you wanna make money in the long run it's genius. If you bought US stock in 2009 when everyone was panicking it and sold last year you would have made a 200% gain.

But most people are like you, buy when it's hot and sell after it starts falling. If you wanna make money you do the opposite.

There are some stocks that I'm eying now and once they start falling, I'll buy and sell when they come back up. But again I'm investing for the long term.

Short term investing is much more volatile and harder on your emotions.
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BlackVelvet
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Re: I need investment advice (stock market)

Post by BlackVelvet »

Shirib wrote:harder on your emotions.
You're telling me!

It's my first time I think it's to be expected lol. How long have you been investing?
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Shirib
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Re: I need investment advice (stock market)

Post by Shirib »

Jasmine6 wrote:
Shirib wrote:harder on your emotions.
You're telling me!

It's my first time I think it's to be expected lol. How long have you been investing?
Not long about 2.5 years, but I don't look at my portfolio every day or anything, in fact sometimes i forget I have it all together. :lol:

And I know you said you don't like mutual funds and index funds, but most of my portfolio is made of that with only a couple of individual stocks. I'm not gonna make a killing, but plan is it will grow over time and then you cash out.
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CigaalSHiiDaaDCFC
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Re: I need investment advice (stock market)

Post by CigaalSHiiDaaDCFC »

I was interested in investing mutual funds view month ago, I called one of these companies that claimed they do sharia compliant investment, they showed me how it performed for the last 5 years, while they only had -5% one year, nd gained all the other 4 years , from 11% to 30% return last year! overal It looked steady but what I didn't like was their management fee, 2.5%! I said no thank you, and I would never do haram investment, Thers no need to take interest or invest in companies that deal with the things that muslim can't invest. Remember if you receiving or paying interest you are at war with god.
Anyhow bought land in hargeisa in 6 month i was asked if I could sell it double of what I paid for :sty lib:
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hunterKING
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Re: I need investment advice (stock market)

Post by hunterKING »

I hope you lose all your money.
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BlackVelvet
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Re: I need investment advice (stock market)

Post by BlackVelvet »

hunterKING wrote:I hope you lose all your money.
I hope you lose all your hair including your eyebrows and eyelashes
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hunterKING
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Re: I need investment advice (stock market)

Post by hunterKING »

I'm already losing my hair. I hope you lose your nails.
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