Bottom just fell out of Nikkei • Hacker News Board

Re: Bottom just fell out of Nikkei

#21

Post by _cbsz » Tue, Mar 15, 2011, 4:34 AM UTC

nickbp wrote: post #17

elliottcarlson wrote: post #4

Can someone share the best way to enter the stock market for someone who is completely clueless on stocks in general yet wanted to dabble in them for quite some time?

Unless you really want to play with buying/selling individual stocks, you're probably best off buying a broad-based index fund, which effectively buys you a slice of the entire stock market. Eg VTSMX/VTSAX Also, are your 401k and IRA/Roth fully funded? Be sure to do that first. (Assuming USA resident here)

Could you make an argument for bothering to fund 401k + IRA/Roth at 20-something? If I'm trying to get fuck-you money by 40, don't I need every dime in order to get there? My nest egg is in plain old savings right now because I view it as personal runway.

Re: Bottom just fell out of Nikkei

#22

Post by tansey » Tue, Mar 15, 2011, 4:38 AM UTC

mixmax wrote: post #14

The Nikkei is now at a ten year low

No it's not... it's not even at a 2 year low.[1]

[1] http://finance.yahoo.com/echarts?s=^N225+Interactive#chart2:...

Re: Bottom just fell out of Nikkei

#23

Post by jaydz » Tue, Mar 15, 2011, 4:38 AM UTC

awa wrote: post #7

wheaties wrote: post #2

Time to start buying. Bet Buffet is taking a look at all those wonderful Japanese companies who moats are wide, have good fundamentals, and produce reasonable free-cash flow. Hope his "itchy trigger finger" found a few targets. My IRA could use a boost after the last few years.

any recommendations? Toyota?

While watching CNBC today I saw a story stating Toyota had to close a few factories and had a lot of damaged inventory.

Re: Bottom just fell out of Nikkei

#24

Post by jswinghammer » Tue, Mar 15, 2011, 4:39 AM UTC

chailatte wrote: post #20

This will trigger deleveraging around the world. Specifically, this will impact the venture capital in silicon valley. We'll likely start to see some angel/vc investors start to panic and withdraw from the market, shutting down startups, etc.

Wait what? There was a massive deleveraging event a few years ago and I don't remember VCs being forced to withdraw money from startup accounts. How would they do that anyway? Once they invest the money the money belongs to the company they invested in. They might be forced to sell shares I guess but they can't just take someone's money.

Re: Bottom just fell out of Nikkei

#25

Post by idlewords » Tue, Mar 15, 2011, 4:40 AM UTC

chailatte wrote: post #20

This will trigger deleveraging around the world. Specifically, this will impact the venture capital in silicon valley. We'll likely start to see some angel/vc investors start to panic and withdraw from the market, shutting down startups, etc.

That is some serious narcissism right there, congratulations.

Re: Bottom just fell out of Nikkei

#26

Post by mediaman » Tue, Mar 15, 2011, 4:42 AM UTC

jswinghammer wrote: post #24

chailatte wrote: post #20

This will trigger deleveraging around the world. Specifically, this will impact the venture capital in silicon valley. We'll likely start to see some angel/vc investors start to panic and withdraw from the market, shutting down startups, etc.

Wait what? There was a massive deleveraging event a few years ago and I don't remember VCs being forced to withdraw money from startup accounts. How would they do that anyway? Once they invest the money the money belongs to the company they invested in. They might be forced to sell shares I guess but they can't just take someone's money.

Chailette doesn't say they would withdraw money from startup accounts: "angel/vc investors start to panic and withdraw from the market" presumably means that startups could be deprived of the next financing stage, which, if they're still burning cash, will shut them down.

Re: Bottom just fell out of Nikkei

#27

Post by mleonhard » Tue, Mar 15, 2011, 4:43 AM UTC

idlewords wrote: post #8

elliottcarlson wrote: post #4

Can someone share the best way to enter the stock market for someone who is completely clueless on stocks in general yet wanted to dabble in them for quite some time?

Pretend you have $100K and set up a fake portfolio, and play with that for a bit. Meanwhile put aside a few thousand dollars you can afford to lose, and when you're comfortable enough with managing your fake portfolio, start investing for real.

I used http://www.howthemarketworks.com/ for about half a year and learned that making money on stocks is very difficult.

Re: Bottom just fell out of Nikkei

#28

Post by [deleted] » Tue, Mar 15, 2011, 4:44 AM UTC

chailatte wrote: post #20

This will trigger deleveraging around the world. Specifically, this will impact the venture capital in silicon valley. We'll likely start to see some angel/vc investors start to panic and withdraw from the market, shutting down startups, etc.

[deleted]

Re: Bottom just fell out of Nikkei

#29

Post by bradly » Tue, Mar 15, 2011, 4:47 AM UTC

chailatte wrote: post #20

This will trigger deleveraging around the world. Specifically, this will impact the venture capital in silicon valley. We'll likely start to see some angel/vc investors start to panic and withdraw from the market, shutting down startups, etc.

Wouldn't the money pulled out of Japanese markets be invested in other markets?

Re: Bottom just fell out of Nikkei

#30

Post by theoj » Tue, Mar 15, 2011, 4:47 AM UTC

idlewords wrote: post #8

elliottcarlson wrote: post #4

Can someone share the best way to enter the stock market for someone who is completely clueless on stocks in general yet wanted to dabble in them for quite some time?

Pretend you have $100K and set up a fake portfolio, and play with that for a bit. Meanwhile put aside a few thousand dollars you can afford to lose, and when you're comfortable enough with managing your fake portfolio, start investing for real.

I used Virtual Stock Exchange for a test portfolio last year. http://virtualstockexchange.com/Game/Homepage.aspx