My investment guy has been making a lot of moves into this industry in the past few months. Up until now it's always been an environmentalist's pipe dream to be able to invest in greentech energy and actually turn a profit. I've had some money in various companies for a while now, but mostly to either places I've worked at or otherwise had a vested interest in, never expecting to even break even, let alone see a profit. Right now there are a fortunate set of circumstances where a slowly recovering economy coincides with both a growing sense of green responsibility and a liberal government (though the way it's going, those chuckleheads will never get anything substantial done).
Blah blah, the point is anybody who's got the cash should at least throw a few dollars into a greentech index fund right about now.
(edited by samoflange on 12.11.09 1202) Lloyd: When I met Mary, I got that old fashioned romantic feeling, where I'd do anything to bone her. Harry: That's a special feeling.
As someone who worked in Reverse Mergers in the MicroCap market, just wanted to extend a word of advice when it comes to trading in these stocks. While some of these stories do hit & do well in the long run, a LARGE majority of these stories end up with an initial bump post-merger & then the realities of business & public markets take hold & these stocks come crashing back to earth.
They can often keep the promise of a great future going with an 8K promise of a new JV, legislation, or some other piece of news that promises record returns, but just be wary that you very well may end up holding toilet paper after sticking with these things for a loooong time.
Get an E-trade or Ameritrade account. Put only money in it that you would have spent on beer, DVDs, etc. Do not invest any money that you wouldn't have otherwise thrown out the window in some other pursuit.
How about this: are there any programs or websites that simulate stock trading and such using virtual money so that someone can get the groove and idea of buying and trading stock before getting fully involved?
You know, kinda like playing online poker through Pokerstars or whatever but using their free "play money" service?
I've been fascinated with the idea of investing stock, but I want to get into it with some experience first.
I believe you can just create a stock profile on Yahoo! or any other portal site and tell it what what stocks you own and what you paid. That should be enough - along with a spreadsheet if you want to buy and sell.
I found a site for stock market simulation: not sure if it's really good or not, but it has access to both American and Canadian stock listings. If it interests anyone, check out http://www.smartstocks.com.
However try to convince a user that only checks their e-mail and visits one or two sites of that. They don't do enough work on their computer for it to be perceived to be worth their bother to "learn" something new.