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No . My Roth IRA broad market index fund (Dow/NASDAQ) made 28% in the last 12 months. Market's about to correct soon, though. Might want to wait 6 months.
I beg to differ.
No . My Roth IRA broad market index fund (Dow/NASDAQ) made 28% in the last 12 months. Market's about to correct soon, though. Might want to wait 6 months.
Using Pm's doesn't allow the average visitor to the club the opportunity to take part in a very rare event.
The SAFilm festival is only once a year and for someone here at the Club to get an opportunity to not only screen the premire of this award winning Do entary film but to also get to sit next to the winner of the 2011 short film awards is not something that comes around that often.
I'll take it. My scottrade account has risen 45% since early November.
Other guy is right in saying that a correction is coming soon, though. I'm out of the market as of last week (hence the flat line at the end). Could feel the bad juju.
Assuming the money is not stolen, you should just be safe about it and give it to me and I'll hook ya up.
Short term?
I'd buy Apple stock on news of Steve Job's deteriorating health. A lot of emotional selling going on and there is no logical justification for the recent price slide...With the earnings growth Apple is having there is no reason for that not to be a $450 stock in less than 12 months. Very little downside risk and you should be able to turn that 30K into 40K quickly.
Down $10 into the $340 range last I checked.
only reason CC tells you this is so his stock will go up. the stock market is supposed to be a gamble...a giant lottery. if youre not gambling, youre engaging in insider trading, and we all know where that lands you.
ill be conservative, unless i really have alot of money to blow, and invest my money in US treasuy bonds. by the time the US defaults on a loan, the stock market will be far gone.
or...i could not get married, live off a small percentage of my income, invest all my money into volatile stocks, up-and-coming businesses and foreign treasuries, and then retire at the age of 40 (or die poor, and in the event, it was worth trying).
so much to do, so little time.
he has to get caught first.
this is a good investment !
About 15 million shares of Apple trade each day. CC talking the OP into buying about 90 of them isn't going to move the stock price one bit.
About 15 million shares of Apple trade each day. CC talking the OP into buying about 90 of them isn't going to move the stock price one bit.
a fortune is made in pennies, and as enterprising and scrimpy as contractors are, i wouldnt put it passed him.
90 shares out of 15 million isn't even 1/1000th of a penny.
yeah, CC is really senile, but hey, whatever floats his boat.
I could take that 30K and make 30 million in record time.
oh yea?
plz explain
meh Apple is ok... if you want real returns quickly you have to stick with micro/small/or mid cap stocks. They have the agility to make big moves relatively quickly. I've bought and sold Abraxas Petroleum 3 times in the last couple months and made 6% in 3 days, 16% in 7, and, most recently, 21% in 5.
I'll take that over 20% in a year any day. Apple's too much of a behemoth to make me interested.
If you are doing that well, then you might want to look into options. You would have exponentially increased your returns.
If you would have invested in oil yesterday before the Libya unrest you would have made some cash already.
http://montreal.ctv.ca/servlet/an/lo...b=MontrealHome
I bought AAPL a little over 2 years ago at $109--sold half when it doubled. I'm sitting pretty with it and unfortunately, it's my only stock that makes decent money.
see all the insider trading going on in this thread? (sup 50 cent)
i see your little schematics, apple stock owners, and im not biting.
If stocks are what you are looking for then might I suggest investing in the adult industry?
Fallen, did you get my PM?
My friend, who is considerably older than me, has a lot of experience in the markets and told me he did really well until he got in over his head with options and lost his ass off. He's somewhat of a mentor and I take his experience serious.
Our methodology is sound and starting from Jan 1st, each of us will most likely reach 100% return before July starts.
My biggest mistake in the past few months was buying TSO at 16.47 in December and selling at 18.12 (10%). If I had just put a trailing stop of 5% and let it ride, I would be sitting at a near 50% gain in just 2 months.
fwiw almost every san antonio area stock has been killing it the last few months. VLO, TSO, AXAS, RAX, KCI, and GSB have all made huge runs as of late.
I missed catching GSB by 1 penny at 2.01 when I set my limit order for 2.00. I canceled the order because I left for new york during new years and didn't wanna mess with it. It fell to 1.89, climbed to 2.40ish, dropped back to 2.00 and now sits in the 2.70's (all that in a little more than a month and a half).
The year I began teaching myself to invest (1994) KCI went from a penny stock to over 10 dollars. I just remember reading that it was a 10000% increase!
As far as GSB, that volatility is perfect for trading options. I would do some major reading on it, of course, before starting. You can put a trailing stop loss on it, just like stocks so that you don't "lose your ass." I am in no way an expert, I have been reading up for about a year and am still "playing" with minor amounts (about 100 dollar limit per position). However it is not unheard of to see 60-70% increases on the back of a 3% increase in the underlying stock.
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