So I've Got $2075 To Buy Stock In Nintendo.

Can I have some? I'd give half of what you give me so I can buy Batista a personality...and then you can have the change back too :)
 
[quote name='Zen Davis']Now what?[/quote]

Wait...do you already have the stock, or are you looking to buy some? I believe they are only traded on the Japanese Market, so you'd probably have to find a broker to go through. I have never invested in overseas stocks through a broker, so I couldn't help you.

Although, I have done well the past several months with a short-term re-diverisification in the pacific market for my 401(k), but I can't choose what in particular I am investing in.

However...if you haven't bought the stocks yet, why would you invest now? Do you have a strategy, or is it just to say you have N stock? Honestly, you'd have been better off if you were able to buy before summer of 05. It has more than doubled in the past two years, and I see no reason to count on the Wii and DS to keep in going the way it has. Once more people get their hands on Wiis, that momentum is going to fall.

While it's nice to say you own a piece of Nintendo, I wouldn't invest in them now - you missed the window. (Remember: Buy low, sell high.) Even with SM:Galaxy coming soon and Smash Brothers early next year - I wouldn't be holding onto that stock a year from now...

Mind you, I am just an amateur, but do own some stock and like to keep my eye on the market...so take everything I say with a graing of salt.

EDIT: SOrry - I pulled up the wrong link to the graph earlier. Here is the five year: http://uk.finance.yahoo.com/q/bc?s=NTO.BE&t=5y&l=on&z=m&q=l&c=

Yes, it more than doubled, but I stand by what I said: don't expect it to keep growing like that.
 
[quote name='PlumeNoir']Wait...do you already have the stock, or are you looking to buy some? I believe they are only traded on the Japanese Market, so you'd probably have to find a broker to go through. I have never invested in overseas stocks through a broker, so I couldn't help you.

Although, I have done well the past several months with a short-term re-diverisification in the pacific market for my 401(k), but I can't choose what in particular I am investing in.

However...if you haven't bought the stocks yet, why would you invest now? Do you have a strategy, or is it just to say you have N stock? Honestly, you'd have been better off if you were able to buy before summer of 05. It has more than doubled in the past two years (http://uk.finance.yahoo.com/q/bc?s=NTO.BE&t=1y), and I see no reason to count on the Wii and DS to keep in going the way it has. Once more people get their hands on Wiis, that momentum is going to fall.

While it's nice to say you own a piece of Nintendo, I wouldn't invest in them now - you missed the window. (Remember: Buy low, sell high.) Even with SM:Galaxy coming soon and Smash Brothers early next year - I wouldn't be holding onto that stock a year from now...

Mind you, I am just an amateur, but do own some stock and like to keep my eye on the market...so take everything I say with a graing of salt.[/quote]
I believe that between Wii Fit, Galaxy, and Brawl, Nintendo will be making a lot of money. In addition they're going to be launching the console in South Korea and China next year. The VC Present thing they're looking to set up is going to be another gold mine for them. Although the margins may not be as big as if I had bought stock back in '05, I still think they're a safe company to invest in for the time being. I just need help on the process of investing in them. I've never invested before and even if I make .01 cent on each share, there's a good chance that until the Christmas season is over, they'll be safe to put money in.

I just want to take the first steps in learning how all this works.
 
My understanding of the forecasts is that its still rated as a buy. Should be fine through most of '08. Just make sure you sell it before ____ hits.
 
[quote name='Dr Mario Kart']My understanding of the forecasts is that its still rated as a buy. Should be fine through most of '08. Just make sure you sell it before ____ hits.[/quote]

But... how?
 
[quote name='Zen Davis']I believe that between Wii Fit, Galaxy, and Brawl, Nintendo will be making a lot of money. In addition they're going to be launching the console in South Korea and China next year. The VC Present thing they're looking to set up is going to be another gold mine for them. Although the margins may not be as big as if I had bought stock back in '05, I still think they're a safe company to invest in for the time being. I just need help on the process of investing in them.[/quote]

Again Zen, sorry I can't point you toward a broker house, which I know is what you want.

But I need to address what you said...
Personally, I think "Safe for the time being" is a VERY relative term: what I consider short term safe differs from your idea. I don't think it is safe at all past Spring. I'm not sure VCP is going to be the boost that you think it is, and the spikes from Brawl and Galaxy will more than likely be gone no later than two months past each one's release. South Korea and China, while very interesting, is too wild for me to dump money into them now.

When I think "short term" - I think two to three, maybe four, years - so I couldn't personally call it safe. Let me ask you this: Have you ever invested in stocks before? How well do you know the stock market, how it works, etc? And then think of all the market analysts that are wrong 50% of the time, and they (the good ones) know the businesses inside and out. Just something to keep in mind...

And hey, if i am wrong, I will gladly congratulate you. :D
 
Buy Microsoft instead. It went up 10% today, and has lots more room to run with Vista and Halo doing so well. Plus it's, you know, American!
 
[quote name='keithp']Buy Microsoft instead. It went up 10% today, and has lots more room to run with Vista and Halo doing so well. Plus it's, you know, American![/quote]

I agree. MS has their fingers in everything - how many businesses and offices run Nintendo products daily? :lol:

But, Nintendo is making a profit on the hardware from the get-go, so they have that going for them, as well...b
 
[quote name='PlumeNoir']Again Zen, sorry I can't point you toward a broker house, which I know is what you want.

But I need to address what you said...
Personally, I think "Safe for the time being" is a VERY relative term: what I consider short term safe differs from your idea. I don't think it is safe at all past Spring. I'm not sure VCP is going to be the boost that you think it is, and the spikes from Brawl and Galaxy will more than likely be gone no later than two months past each one's release. South Korea and China, while very interesting, is too wild for me to dump money into them now.

When I think "short term" - I think two to three, maybe four, years - so I couldn't personally call it safe. Let me ask you this: Have you ever invested in stocks before? How well do you know the stock market, how it works, etc? And then think of all the market analysts that are wrong 50% of the time, and they (the good ones) know the businesses inside and out. Just something to keep in mind...

And hey, if i am wrong, I will gladly congratulate you. :D[/quote]

I have never invested and I know nothing. That's the extremely honest answer.

I appreciate the people giving me links to read up. I'll look through them and read them completely to get a grasp on things. Thanks!
 
[quote name='PlumeNoir']I agree. MS has their fingers in everything - how many businesses and offices run Nintendo products daily? :lol:

But, Nintendo is making a profit on the hardware from the get-go, so they have that going for them, as well...b[/quote]

Has the 360 started to turn a profit or was the sales incrase just cause of halo?
 
[quote name='Zen Davis']I have never invested and I know nothing. That's the extremely honest answer.

I appreciate the people giving me links to read up. I'll look through them and read them completely to get a grasp on things. Thanks![/quote]

I didn't see that post where you edited and stated that - sorry.

Learn the ropes first, then invest - in the meantime, take that money to the bank and put it in a CD or Money Market account - the return is better than just leaving it in a savings account, and with a Money Market, you can take the money out in case of an emergency without penality (usually, banks vary on how much you can take out and minimum deposit).

Besides, it is your money, don't you want to be as smart as you can be about it?
 
[quote name='Zen Davis']More specific advice would be cool. :)[/QUOTE]

Seriously

[quote name='Sporadic']Buy a subscription to Forbes and save your money.[/QUOTE]

Investing in something you know nothing about while knowing nothing about investing is never a good idea especially when you are putting all of your eggs in one basket.

- edit You also need to stop rushing into things. First the screenplay and now this. If you have an idea on something you want to do, read up on it as much as humanly possible and then make the decision on whether you want to follow through or not.

Deciding to do something without knowing anything about it (as some crazy get rich quick scheme) and it being so half-baked that you have to ask an internet message board for help, is fucking stupid.
 
[quote name='Zen Davis']Has the 360 started to turn a profit or was the sales incrase just cause of halo?[/quote]

I don't believe it has yet - in fact, if my memory serves, I think the xbox just became profitable, hardware wise, around when the 360 came out. That's why I mentioned that about the Wii.

Microsoft sold over half a million units last month because of the Halo release - that is pretty much agreed upon...but I think the system will still be in the red for some time; don't forget the hit they took for the RROD 3 year coverage announced over summer...
 
[quote name='Sporadic']Seriously



Investing in something you know nothing about while knowing nothing about investing is never a good idea especially when you are putting all of your eggs in one basket.

- edit You also need to stop rushing into things. First the screenplay and now this. If you are really serious about doing something, read up on it as much as humanly possible and then make the decision on whether you want to follow through or not. Deciding to do something without knowing anything about it, as some crazy get rich quick scheme, is fucking stupid, to be painfully honest.[/quote]

And your honesty is respected. The screenplay isn't forgetton. I thought it was too Texas Chainsaw Massacrey/Wrong Turney so I've been studying other films to get the tone right. That and every single R rated horror film of the past year has bombed. I'm hoping Saw IV does well before I try shopping my script around.

Regarding the stocks, I got some money to invest and after looking everything over I felt Nintendo would be good since I think they still have a lot of room for growth. Between expanding to creating 1.8 million Wii consoles a month and the various other things they've bene talking about, including landing the exclusive Dragon Quest IX and Monster Hunter 3 games, as I've said, I looked this over a lot.

I didn't know the actual process of buying stocks which I came here. Once I learn about I think I'll be better off and as you suggested, I'll be doing a whole lot of reading before I buy anything.

By quick I mean roughly four to five months.
 
[quote name='Zen Davis']And your honesty is respected. The screenplay isn't forgetton. I thought it was too Texas Chainsaw Massacrey/Wrong Turney so I've been studying other films to get the tone right. That and every single R rated horror film of the past year has bombed. I'm hoping Saw IV does well before I try shopping my script around.

Regarding the stocks, I got some money to invest and after looking everything over I felt Nintendo would be good since I think they still have a lot of room for growth. Between expanding to creating 1.8 million Wii consoles a month and the various other things they've bene talking about, including landing the exclusive Dragon Quest IX and Monster Hunter 3 games, as I've said, I looked this over a lot.

I didn't know the actual process of buying stocks which I came here. Once I learn about I think I'll be better off and as you suggested, I'll be doing a whole lot of reading before I buy anything.

By quick I mean roughly four to five months.[/QUOTE]

Re-read my reply, I was editing while you were replying.

Really, I think you think that I don't like you, it isn't that. It's just that everything you do is soooooo half-assed. I mean reallllly half-assed.

You seem to be running around with all of these ideas of grandeur and making the big bucks, that's clouding your judgement. Trying to follow the tread of the day will never ever make you the big bucks. Whether it's following the movie scene (torture porn is hot THEREFORE I will write torture porn) or the stock market (Nintendo is making bank right now THEREFORE I will buy their stock)

You need to take a step back and realize that a few months is not enough time to get ready (especially when you are starting out at square one) to put together anything of worth.

Regarding the stock thing, you are approaching it completely the wrong way. That's why I suggested Forbes, not as some snide, backhanded comment but because it really is the best out there if you want to get your feet wet with the business world. If you don't know anything about business/stock, after a year of reading it, you should be on the way to knowing what you should do, shouldn't do and what the trends are.
 
[quote name='Sporadic']Re-read my reply, I was editing while you were replying.

Really, I think you think that I don't like you, it isn't that. It's just that everything you do is soooooo half-assed. I mean reallllly half-assed.

You seem to be running around with all of these ideas of grandeur and making the big bucks, that's clouding your judgement. Trying to follow the tread of the day will never ever make you the big bucks. Whether it's following the movie scene (torture porn is hot THEREFORE I will write torture porn) or the stock market (Nintendo is making bank right now THEREFORE I will buy their stock)

You need to take a step back and realize that a few months is not enough time to get ready for something (especially when you are starting out at square one) to put together anything of worth.

Regarding the stock thing, you are approaching it completely the wrong way. That's why I suggested Forbes, not as some snide, backhanded comment but because it really is the best out there if you want to get your feet wet with the business world. If you don't know anything about business/stock, after a year of reading it, you should be on the way to knowing what you should do, shouldn't do and what the trends are.[/quote]
I honestly didn't take it as snide man. I accepted your advice to be truth and I will begin reading Forbes. Do you suggest that I just it on my money and just get my head around the stock business?
 
[quote name='Zen Davis']Do you suggest that I just it on my money and just get my head around the stock business?[/QUOTE]

Basically, yes.

Read Forbes, get up early and watch Bloomberg TV; do everything you can to get as much knowledge on the subject as possible.

You may find out that you don't even want to play in stocks but invest in a CD or Money Market account like PlumeNoir said or REITs (don't do that now) or a bond fund or a mutual fund.

-------

Here's a pretty decent link to start you out

http://money.cnn.com/magazines/moneymag/money101/
 
[quote name='Zen Davis']Has the 360 started to turn a profit or was the sales incrase just cause of halo?[/quote]360 doesn't need to do shit for Microsoft to still make money hand over fist.

Pretty bad when fanboyism stretches into buying fucking stock of the company you nuthug.
 
Save up more money and invest in a mutual fund instead. If you want to invest in individual stocks you really want to buy enough of them to get rid of your unsystematic risk, which is atleast 50 individual stocks.

Just riding along for one stock to make a quick buck at your age is small potatoes. Start up a 401K at work and take Sporadics advice, and I will add get a subscription to the Wall Street Journal or Investors Business Daily.
 
Set yourself up with an IRA, maybe even a Roth IRA. Buy one share of Nintendo if it's for fun... but don't dump all your money into one company, it's just not that smart.

On the other side...

I don't know...there are safer companies to invest in then Nintendo.
Click to expand...

For Japanese companies, only Toyota and Mitsubishi are bigger than Nintendo. Over a century in business. I don't know much safer. They're no Google, but if I were into risky things like this, Nintendo's one of the few I would do.

Regardless, get a mutual fund. And fer Jebus's sake, talk to a broker, not a bunch of gaming nerds. :)
 
Actually I believe Nintendo stepped ahead of Mitsubishi within the last couple of days. Now only Toyota is ahead, and theres no catching up to them.
 
[quote name='VanillaGorilla']360 doesn't need to do shit for Microsoft to still make money hand over fist.

Pretty bad when fanboyism stretches into buying fucking stock of the company you nuthug.[/quote]:lol::lol::lol:
 
One aspect that I would like to have stated clearly.

Should I be looking to invest in companies that are making tons of money or should I be looking to invest companies that will have tons of growth?
 
Buy a Vanguard S&P or MSCI EAFE fund. They're cheaper and easier to manage. Also, you could probably actually buy it (not sure what size trading blocks discount brokers would enforce, but there's a strong chance it'll be more than the 250 or so ADR shares you can afford).

Single stock purchases do not provide enough diversity to protect you from the ebs and flows of the market. Also, as mentioned, Nintendo's in good financial shape now, but you may have missed the boat of huge Nintendo share gains, as current share prices have factored in Wii being sold out for the foreseeable future, continued tremendous DS sales, boosts from Wii Fit and Mario Kart, etc.

As for an investing style? That's a personal decision, and one of the amount of risk you are willing to take (be prepared to lose all or some of that $2075 no matter what you do, especially in today's market). I personally am a value oriented investor - I buy shares that I feel are undervalued as opposed to overvalued but high growth.

Edit: My personal weekly reading list is Business Week and The Economist. Forbes I wouldn't really recommend, and you'd be better off with Financial Times than Wall Street Journal. Reading everything on Bloomberg.com also would be a good start.
 
Is this the only money you have available saved up? If so, I certainly wouldn't be putting my life savings in to the stock market, let alone one company.

You really need to decide WHY you are investing this money. What is your goal? If you are looking to "get rich" in 4-5 months then you need to look elsewhere. Good luck making any real money on $2075 in that short of an amount of time. Even if Nintendo's stock was to go up 30% in the next few months (which I doubt), you are still going to have to be concerned with the fees you had to recover to buy the stock (and to now sell the stock), and not to mention that $2075 won't exactly buy you a lot of shares in Nintendo.

Many people in this thread have given you some solid advice. I personally would open up a Roth IRA and purchase a mutual fund or two. A majority of funds require a minimum of $2500. I personally keep my funds with Fidelity. They have been good to me so far. Most of the fidelity funds (if not all) have no loads and a very low expense ratio. Keep in mind. This is for retirement, not some scheme to make your $2075 worth $2150 after 4-5 months (if it would even be worth that).
 
[quote name='VanillaGorilla']360 doesn't need to do shit for Microsoft to still make money hand over fist.

Pretty bad when fanboyism stretches into buying fucking stock of the company you nuthug.[/quote]
Beat me to it.

Spend the money on a nice HDTV or PC. Or save it.
 
I'm getting more money soon. My basic reason is to make money. However if I wanted to attempt a get rich quick scheme, Nintendo would be the last company I would attempt to invest in since the entry fee is so big. I genuinely believe in the company and I believe that until Summer 2008 Nintendo is going to be experiencing growth. Can I be wrong? Of course. But I have enough belief that I am willing to invest in them.

I've also taken people's comments to heart and will not invest all of my money in the company. Since nobody bothered to respond though, I will ask again. Should I be looking to invest in companies that are making tons of money or should I be looking to invest companies that will have tons of growth?

[quote name='Punk_Raven']Beat me to it.

Spend the money on a nice HDTV or PC. Or save it.[/quote]

What would Majin Vegita do?
 
[quote name='Zen Davis']I'm getting more money soon. My basic reason is to make money. However if I wanted to attempt a get rich quick scheme, Nintendo would be the last company I would attempt to invest in since the entry fee is so big. I genuinely believe in the company and I believe that until Summer 2008 Nintendo is going to be experiencing growth. Can I be wrong? Of course. But I have enough belief that I am willing to invest in them.

I've also taken people's comments to heart and will not invest all of my money in the company. Since nobody bothered to respond though, I will ask again. Should I be looking to invest in companies that are making tons of money or should I be looking to invest companies that will have tons of growth?



What would Majin Vegita do?[/quote]

What's the point in investing in a company that makes "tons of money" if that company pays a dividend of a few cents? Very large companys make "tons of money" and have so many investors that by the time they pay out, you get a few cents on every share you own. If you think you can predict which company will have "tons of growth", please enlighten a good number of people on Wall Street who think they can do the same thing, and often lose millions of dollars in the process. Just because you think a company has growth potential, doesn't mean that company does. Looking ahead and seeing 3 new products (in Nintendo's case) is hardly a way to estimate growth potential.

You really need to read up on investing before you do any of this.

I would suggest investopedia.
 
[quote name='mtxbass1']You really need to read up on investing before you do any of this.

I would suggest investopedia.[/quote]

That's why my money is still in my bank account and headed nowhere fast. ;)
 
[quote name='Zen Davis']That's why my money is still in my bank account and headed nowhere fast. ;)[/quote]

Do you at least have that money in an interest bearing account? I highly recommend ING.

Your local bank isn't going to pay you jack.
 
Buying nintendo stock now would be relatively silly. The media and everyone loves the wii and the price has already gone up to reflect it. While wii fit and mario are coming out and will probably do well everyone expects that too (again reflected in the price). I think there is a lot more downside due to the number of people who are going to end up playing wii sports and very little else. For nintendo to live up to expectations they need to start having non-big name titles sell really well which doesn't seem to be happening.

Also while $2000 seems like a good amount when you need to go through a broker for something international you'll probably pay a fair percentage just to get the stock and again when you want to sell it.


Finally stocks in general are looking towards a looming crisis. Go back the past few months and watch how when bad housing news in the US comes out everything in asia will crash for a day then gradually come back. When/if the real crash finally comes you'll get destroyed.

Nintendo has a lot of downward potential and relatively little upward potential. If the money is something you can live without and you want to get a shot at a big profit throw it in some small company (do some research first), if you want a decent but consistent return put it in a high interest bank account. HSBC (along with others) give over 5% interest, which is your best long term bet. The other option is companies that pay a high dividend, tobacco companies are excellent for that (look at phillip morris).
 
[quote name='happy']Buying nintendo stock now would be relatively silly. The media and everyone loves the wii and the price has already gone up to reflect it. While wii fit and mario are coming out and will probably do well everyone expects that too (again reflected in the price). I think there is a lot more downside due to the number of people who are going to end up playing wii sports and very little else. For nintendo to live up to expectations they need to start having non-big name titles sell really well which doesn't seem to be happening.

[/QUOTE]

You do know that Big N makes most of it's money off of the DS right? Which BTW is still going strong pretty much everywhere. Don't let personal feelings about the Wii get in the way of being objective. It doesn't matter what people think, it matters what they spend their money on.
 
[quote name='Zen Davis']My Credit Union has a CD that gives over 5% for 30 days. Would you guys consider that good?[/quote]

Can you afford to not have access to that money for that amount of time?

I personally don't see the point in putting your money in a CD when you can put your money in an online bank and get near that rate of return.
 
well since they dont trade it in America you have to contact a broker that either trades in Japan or theres another way you can do it, but I am blanking right now. If you are looking for good investment try maxing out a Roth IRA for the year. Or look to put some money in China or India or at least South East Asia. I personally put some money in a Mutual Fund/Roth in FSEAX and it has gone up 49% since I bought it.
 
scottrade.com is a good cheap online broker. (I don't have an account with them myself.) I think you'd be able to buy Nintendo through NTDOY

As far as investing in Nintendo specifically don't really have any comment on that. I would just say your reasons for investing in it seem more because you like the company and their products which isn't entirely a bad reason to invest, but also isn't always the best move.

If this is all the money you have to put in the market dropping it on one stock is pretty high risk. Might be better to put it in something like SPY.
 
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