Investment questions and answers (Q & A) 2004:
These are some of the questions and answers that was sent in
2004. Questions and answers in the forum can be both about the
software program Amateur Invest and about stocks and investments
in general. You can see the other parts of the Q & A section
in the investment forum, or directly: 2005, 2003, 2002, 2001.
These are some of the questions that have been answered in
2004 (click on item or scroll down the page):
help for student in International Finance Management
New to investing,
is it a good investment ?
Can't Set Up Data
Buy-Sale updates Bank
Errors in Profit/Loss
Need help for student in International
Baptiste - posted 10/8/2004 1:16 PM
Hi there ! We're a group studying International Business in
Grenoble Ecole de Management and we'd need some help to know
where to invest for a class paper. We would be very happy to get
some help for it.
R. Michael (Moderator) - posted 10/13/2004 6:35 AM
Hi Baptiste. - There are no shortcuts - only hard work, in
finding securities to invest
in. If someone claims to have an easy investment tip, then always
question their motives. You yourself always have to evaluate the
security in question. Does the company have good products, does
it have good leadership, does it have good marketing, and
upcoming products. - Has the company existed for many years, and
does it have good environment policies. Finally you also have to
look at your own risk profile. Do
you wish to gamble or do you wish to make sure you have at least
a bit of an income. All is stated
in my book "make money on stocks" (not available in
English at the moment). For your class paper, You can also use
the program Amateur Invest, to try out the stock market - making test deals,
and follow them for a while, before actually jumping into it live
- there you can learn many things and phrases from the industry,
that you can use for your class paper. Regards, R. Michael.
investing, seeking advice
Mike - posted 9/17/2004 3:29 PM
If I was considering on entering investing
in stocks or to get a better grasp on how a particular stock
(example: HSBC?) has been performing for the past 4 years where
would I start my research to see if that particular stock is
worth investing in? Please Help Thanks!
R. Michael (Moderator) - posted 9/22/2004 6:19 AM
To find out if a particular stock is worth investing in, there
are a number of factors you need to take into account. Firstly:
which kind of an investor are
you, short term (high risk) or long term (lower risk). Secondly
examine the company, Eg: 1) Does the company have products, that
are well known. 2) Has the company performed consistently well
over the past 5-10 years. 3) Does the company have a well known
and reputable management. 4) partly fundamental analysis
(accounts) - and partly technical
analysis (stock price over a
certain period). As you can see, there are many things to study
before buying (or selling) a stock. In any case you can use
Amateur Invest to help you with your decisions.
Stock. is it a good investment ?
David - posted 8/3/2004 10:34 AM
Hi, I was just reading some articles on Nortel, it said Nortel is
in lead on VoIP technology but on the other hand it has its
accounting problems. So, I would like to hear from some of you if
the company is/will be a good investment ? thx in advance.
R. Michael (Moderator) - posted 9/22/2004 6:26 AM
Many things goes into determining if a stock is worth buying or not. - See some of the other
messages on this board. - One of the factors is the future
prospect of a company. So if You believe that Voice-over-ip is
going to be the next very big thing. And you know, that Nortel
has the lead in this field - and patents, etc. + There are no
major competitors around the world. And the fundamental and
technical analysis of the company shows, that the stock is
reasonable priced - then you have got a good case.
Can't Set Up Data
Stan - posted 6/24/2004 1:05 AM
Amateur-Invest is very hard for me to understand. I can't seem to
load any company data from "securities" into any form
where I could watch the change in prices on some selected stocks
R. Michael (Moderator) - posted 6/28/2004 10:36 AM
Hi Stan. - Thank you for your interest in Amateur Invest. - The
securities list, contain all securities defined. You can add
securities yourself or delete unwanted securities. Prices are
shown for each, and an arrow indicator show the direction of the
stock since the last time you downloaded prices. - On each
security you can add a "Special interest" mark. Eg.
select edit to a security and see the field mentioned. Then in
the list, you can set the filter in the drop down list in the top
right hand corner of the window, and only the securities that has
the marker, will be shown in the securities list. - Hope this
answers your question, otherwise do ask again. - Regards, R.
Rock - posted 4/3/2004 7:47 AM
I want to buy this if i can figure out how to add new symbols to
the portfolio and delete the ones in there that i dont need. i
checked through the help section and cant figure it out. i want
this just to keep track of my stocks in the portfolio. any help
will greatly be appreciated. thank you rock
R. Michael (Moderator) - posted 4/3/2004 7:50 AM
Hello Mr. Rock. - Thank you for your interest in Amateur Invest.
- To delete securities, you go into the security window. There
you can multi select the securities you do not want - you can do
that by holding down the <shift> key and pressing the
<arrow down> key. Several lines become selected (blue) that
way. Now hit the "Delete" button, and you'll be asked
if you whish to delete associated prices also - you should answer
yes. -To add new securities, you hit the "Add" button
in the security window. Enter a company name, and enter an
"Import id" code. - For US companies the import id is
straight forward, eg. Microsoft is MSFT - Now you can add the
securities to your portfolio by using the portfolio window.
updates Bank account
Tomas Bertmark posted 3/31/2004 3:34 PM
Is it possible to add a new function so that any Buy/Sell transaction
automatically updates a selected bank account ? As it is now
you have to first enter a buy/sell transaction and then update
the account with the same information. Just a thought.Tomas
R. Michael (Moderator) - posted 4/2/2004 7:37 AM
Thank you for your idea. - It has been put forward once before.
It might be added in a coming release.
Kishore Rochey - posted 3/19/2004 6:54 AM
Is there a way to create reports which suits our preference which
could be different from the one which comes with the software ?
If so, How is this done.
R. Michael (Moderator) - posted 3/19/2004 7:28 AM
Personal reports are not fully available in the 2004A release. -
You can however see what is in the works by going into the report
designer. - The report designer will be expanded in the coming
Errors in Profit/Loss
Chris - posted 1/29/2004 1:46 AM
I have just downloaded Amateur Invest and am running the DEMO
database with base currency set to CAD. The first stock shown is
amagerbank. The prices and calculated totals do not compute and a
massive profit is turned into a loss. I think the prices are
showing in CAD but the totals in local currency. In either case
the profit/loss does not seem to be correct for any of the demo
stocks shown in the portfolio window. Help ??
R. Michael (Moderator) - posted 1/29/2004 9:05 AM
Hi Chris. - Thank you for your interest in Amateur Invest. -
There is no error in the P/L calculation. But unfortunately
there's an error in the DEM portfolio data. The data was entered
with DKK set as base currency, and so there is no need for an
exchange rate for Danish companies. When you change the base
currency to CAD, the exchange rate for each item in the portfolio
is missing. You can change that by going into each portfolio
item, and enter an exchange rate. Say when you bought the stock
you had to pay 20 CAD for 100 DKK, you should enter 20 in the
field - then the P/L calculation will work.
Daniel - posted 1/7/2004 6:29 PM
I try to use the IMPORT feature through a Proxy which needs USER
& PASSWORD. Unfortunately, lower case are convert to upper
case and the connection doesn't work. I think it's the reason. Is
someone has the solution ???
R. Michael - posted 1/8/2004 8:12 AM
Hi Daniel. - Thank you for trying out Amateur Invest. - You could
be right, that the userid+pw for a proxy are converted to
uppercase - in that case there (at the moment) is nothing you can
do. I'll check up on it, and if needed make the changes in the
next version - due out by the end of this month.