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/sci/ - Science & Math


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5543482 No.5543482 [Reply] [Original]

I'm interested in investing in stocks, and I was hoping a math or econ major could point me in the right direction.

>> No.5543488

no science, or math

>> No.5543491

>>5543488
>stocks
>econ
>not math

Stay autistic friend.

>> No.5543493

>>5543482
UofC CompSci/Stats undergrad, currently working on my MBA and working in risk management. Was a professional trader for four years though.

How much money do you have?

By the way, I'm pretty much gonna tell you to invest in index funds, read a lot of books, and paper trade for at least 1.5 years.

>> No.5543520

>>5543493
I have about 10k. I'm fine with paper trading and index funds it would give me good experience. I'm really interested in investing in lending and investment firms and other developing industries such as automotive and resource moving out to Malaysia, Singapore, Thailand, etc. What books do you suggest reading?

>> No.5543525

>>5543482
>>5543493
here

I just made that picture my desktop background. But I feel like whatever artifical gravity megaloop city that is wouldn't have a ton of space occupied by some river; and they wouldn't have boats. And the buildings would be way taller because that's a ton of wasted space.

Can this be a futuristic city concepts thread?

>> No.5543531

>>5543520
Dude, financial and automotive are hardly developing industries.

I don't even tell people where I work right now because it's such a hated company. People hate finance right now.

Emerging markets are cool and shit. If you follow modern portfolio theory, you want to maximize diversification, minimizing risk, so investment into high-beta emerging markets wouldn't be a safe bet exclusively.

Honestly, for the basics, I love the For Dummies books. In undergrad, I took all finance classes instead of electives, so I have somewhat of a formal finance education even though I have no paper with that printed on it. So I can't comment too much on intro-level books. But yeah, just Google it. And For Dummies books are cool. I got into programming with those.

For now, go to Investopedia.com. They have a massive amount of resources for beginning investors. Like, straight from Square 1. Paper trade there, too.

Trading currencies is good to get into if you're into current affairs and shit.

>> No.5543541

>>5543531
Oh yeah, I told you what's not developing but didn't say what is. Pharma is big, tech is big (but not gay shit like Facebook and you missed the Google train although it's still an awesome company). Long-term, I'm looking at nanotech (very long-term) and biotech. Software is big and getting bigger.

I don't know, man. Read books. Watch CNBC while you do shit around the house. Paper trade.

>> No.5543550

>>5543520
Read "Fooled by Randomness".

>> No.5543564
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5543564

>>5543525
here i have some more

>>5543531
>>5543541
I appreciate the advice. But regarding finance, aren't investment firms moving to developing nations to fund their emerging economies? Would this not have an affect on their stock?

>> No.5543567

spend your 10k at a casino.
I'm sure you'll derive more utility from it than working your arse to maybe earn a 5% spread above the market?

>> No.5543571
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5543571

>>5543564

I'll post what I have while lurking.

>> No.5543573
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5543573

>>5543571

>> No.5543585

>>5543567
You're a moron.

>> No.5543651

>>5543585
Well, after 12 months of monitoring and building your little portfolio of stocks and financial devices, have a look at your return, minus tax and minus the cost of your time spent in research and development then tell me if it was more fun then once a month going to a casino with a budget of $1000.

Hey, at least you can calculate your chances of success at the casino, and pick the risk/reward ratio you want.

>> No.5543820
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5543820

>>5543651
>more fun

Ha ha ha ha ha.

>> No.5543881

>>5543482
math/econ majors wind up working for an ivy league history major.

>> No.5543903

>>5543881
this
interviewed for a investment bank, manager was a music major
granted he had a CFA but still... a music major

>> No.5543974

What kind of risk does investing in emerging technology possess? I just read the "list of emerging technology" page on wikipedia and I have to say I really want to invest in the real life Sarif Industries.