Stock Market
10-30-2009, 09:07 PM
#3
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Me. Be prepared to lose all your money or make some on mere luck. I strongly suggest reading a few books before betting thousands of dollars without reason or a pre-planned strategy.
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10-30-2009, 09:33 PM
#4
2 Props,3 Dildos,& 1 Cat
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actually a good way to start without losing any money is to use google's igoogle portfolio. you can put in "fake" investments and track them to see how they perform.
it's a fast way to learn how bad you are until you're good enough to know why.
it's a fast way to learn how bad you are until you're good enough to know why.
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10-30-2009, 10:30 PM
#6
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The problem is that you'll have a much easier time "selling" your stock after it drops 10% in a day in a simulation than you will if you are facing the loss of real money.
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10-31-2009, 03:27 AM
#9
It is a fools game. No one will ever end up on top. Yes, I play the market and have had periods where I have made crazy money. I have also had many times where I have lost my shirt. After 20 years of playing the market I believe betting ETFs are the way to go. Individual stocks can be a lot of fun but can kick your *** too...
FWIW, I am pretty firm in my belief that doing a double the dow or s&p fund is a pretty good bet for the long term (20+ years). Not as sexy as buying MSFT, etc but it is a lot safer.
FWIW, I am pretty firm in my belief that doing a double the dow or s&p fund is a pretty good bet for the long term (20+ years). Not as sexy as buying MSFT, etc but it is a lot safer.
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