Hey Guys, decided to start this thread for any people wanting to get into stocks/bonds/ETFs, as an extra salary. Also was bored and wanted to see if there were other people who dig into this sort of stuff. Non-US nationals can also invest in the US stock market
(many brokers you can look into who have cheap commissions) Even if you are not old enough to trade, I highly suggest getting into it, in some ways it is like gambling and gaming; especially if day trading with penny stocks which I used to do for fun with like $500. Again if you do invest long term, even if its just with $500-$1000, you can still make a ton of money. Although obviously the more you invest (be diverse with your investments) the safer you will be. Oh and feel free to call me a capitalist.. I am using what my country is best known for..
My Picks ATM:Apple- Pretty straight up buy, with over $160Bn cash on hand every single launch their stock goes up, I bought this at $99 not so long ago, and they always are profiting from every single product launch. As their numbers go up = so does their stock. Atm the stock is at $106.74 and I believe it will go at least $115 by the end of the year. Even if this stock goes down $5 because of PR media related issues hold on to it, as it can make you a huge gain. Buy low, sell high. Another bonus with the amount of cash on hand is that the company likes issuing dividends.
Gilead Sciences- As im in the industry this is one of the big stock picks atm. Just this month it hit a low of $96, and after a HUGE earnings report skyrocketed to $113. Sovaldi (their Hep C drug) costs $94,000 for a 12 week course of treatment for the pills. Yea it sounds a lot but it also means that this company is making huge profits as people are buying it because of its 99% cure rate and because its just an oral pill. Its projected $10B in profit, with only 2 other competitors who dont even beat it.
I will post more when I can, these are for long term gains because you can get the federal capital gains tax down from 30% to 20% (they increased it) based on how long you hold it. You should still be able to daytrade most of these stocks I post if you wanted, Apple especially can be quite volatile depending on media coverage. If you guys also want me to post how to invest and such then I can post a guide on here.. feel free to debate my picks.