Investing

[kosmo]

So last time I was overseas and came back with a hefty chunk of change, I blew it on NYC strippers and alcohol instead of the google IPO. Looking back on it, I think it was the right thing to do. But this time, I should probably stash it away in the market so I can afford the strippers and booze once Im done with college. So Im trying to find some stocks that would be a decent thing to dump some money on in a few months. Im aiming for aggressive growth here, as aggressive as possible. As in Id better be a millionaire by 2008 type growth. Right now the only thing on my radar is DESC, a company that does hydrogen fuel cells. Its trend has been that it darn near doubles its value over the course of the fiscal year because people are all hyped up about hydrogen, and then their yearly financial reports get released and it plummets back down because hydrogen hasnt taken off yet. It will eventually though... So does anybody have any tips, preferably knowledgable insider trading tips? I realize this is probably the wrong crowd as youre all about 12 years old and some of you ride three wheelers without shoes, but surely theres someone out there with a bit of insight.

[Lohman446]

So last time I was overseas and came back with a hefty chunk of change, I blew it on NYC strippers and alcohol instead of the google IPO. Looking back on it, I think it was the right thing to do. But this time, I should probably stash it away in the market so I can afford the strippers and booze once Im done with college. So Im trying to find some stocks that would be a decent thing to dump some money on in a few months. Im aiming for aggressive growth here, as aggressive as possible. As in Id better be a millionaire by 2008 type growth. Right now the only thing on my radar is DESC, a company that does hydrogen fuel cells. Its trend has been that it darn near doubles its value over the course of the fiscal year because people are all hyped up about hydrogen, and then their yearly financial reports get released and it plummets back down because hydrogen hasnt taken off yet. It will eventually though... So does anybody have any tips, preferably knowledgable insider trading tips? I realize this is probably the wrong crowd as youre all about 12 years old and some of you ride three wheelers without shoes, but surely theres someone out there with a bit of insight.

Until people figure out there are better solutions than hydrogen. The danger of investing in emerging technologies is some of them will eventually prove to be worth far less than they hype.

[ntn4502]

thats very high risk in that area

[SCpoloRicker]

I'd also advise against trying to 'pick winners'. There are a lot of highly diversified, as well as well-rounded funds available. IMO, its important to diversify: you will still have solid growth, and there is much less risk.

You should also look into IRAs. Its never to early to start.

/talking a little bigger than my britches
//does have 401k, stock, and muties rolling though

[billybob_81067]

and some of you ride three wheelers without shoes,

This seriously made me LOL...

[kosmo]

Ive already got a roth IRA goin for a retirement fund. The purpose of this is to dump 30 grand in the market and try to get rich. Ive traditionally been pretty darned good at the whole stock market thingie, but I havent been up to speed on it in a couple years so I dont know whats good or not. High risk is what Im lookin for, provided it tickles my fancy just right.

[ShooterJM]

Well, I'm not super aggressive and I've been able to hold steady at just under 20% annualized return every year for the last 4 or 5 years.

Very high risk.....you could check out Loudeye Corporation (LOUD).

Average risk: PCU, DISH

High risk: Overstock. It's in the middle of a short squeeze, but could get killed. On the other hand, if the cases go to discovery.....

/past performance is no predictor of future gains
//works in corporate finance, not at a trading desk