71% invested weekly...

[Crazier]

Oh wait a minute. I can't do that. I fall into that 98% category that didn't have mommy and daddy buy me a house, a few cars, and a Picasso. Damn!!!

Steel - Where did Dad tell you to market his money this week?
Least you can do is share the wealth... kinda like your parents.
--

 

[DcupSheepNipples]

Dont worry when shit hits the fan everyone will be after Steel and those that flaunt their wealth. All I can say is thank god for offshore and swiss bank accounts!

 

[THE STEEL BEAST]

YOUR DOOMSDAY VIEW IS POINTLESS AND STUPID.

 

[Crazier]

As are the majority of your posts.

Oh boy. Just read the $2100 thread. What stock was that in?

I'm not saying that you don't know about the stock market and how to play. I've read many of your threads, you are versed, I don't argue with that.

However, you had the $$$ to start. A poor person wouldn't be able to make $2100 in a day, because they don't have enough to invest. That's where your parents come in. Personally, I have $14000 that I just have in a bank account. Stupid, I know. I'm getting 3% interest on this shit. I just don't know what to stocks to choose, and I couldn't deal with losing it. Is there a day trader site you use?
--

 

[THE STEEL BEAST]

I USE A NUMBER OF ONLINE BROKERS AS WELL AS SOME PROFESSIONAL BROKERS....


COMMON SENSE SHOULD DICTATE WHAT STOCKS TO CHOOSE.NONE OF THIS TECH,QUICK TICKET RICH,STOCK.


CHOOSE COMPANIES WITH EARNINGS AND HUGE PROFIT POTENTIAL.......I CAN LIVE OFF OF MY DIVIDENS ALONE.

INTERNET STOCKS ARE THE THING OF THE PAST.A FAD IF YOU WILL. HOWEVER FADS MAY RETURN.

THE BIG BOYS WILL ALWAYS PLEASE YOU.

HERES AN EXAMPLE:A STOCKBROKER I USE HAS ONE CLIENT WHO INHERITED 20,000 DOLLARS.SHE PUT IT ALL INTO G.E. NEVER TOUCHED IT FOR 22 YEARS.SHE RE INVESTED HER DIVIDENDS BACK INTO G.E. SHE NEVER ADDED INCOME TO THIS STOCK......22 YEARS LATER SHE HAS A LITTLE UNDER A MILLION DOLLARS.......967,000 TO BE EXACT....IM SURE ITS A MILLION NOW.............THIS WONT WORK IN ALL CASES,BUT THE SIMPLICITY OF THE MARKET IS USUALLY THE ANSWER..........

HERES 2 MORE EXAMPLES AS TOLD TO ME: GUY HAS 32,000.PUTS IT ALL IN RED HAT,AN INTERNET COMPANY.YEAR 2000 ALL TECH STOCKS SKY ROCKET....HE QUADRUPLES HIS MONEY.....COME JULY,ONE MONTH AFTER IT GOES DOWN THE TUBES AS RED HAT HAS NO EARNING POTENTIAL.....HE IS LEFT WITH 300 DOLLARS.

24 YEAR OLD GUY PUTS 40,000 IN TECH STOCKS AND COMMODITIES...........SHOOTS TO 250,000.......THEN TO 900,000 IN A LITTLE UNDER A YEAR.............TAKES ALL THE MONEY OUT AND PUTS IT IN TECH STOCKS................ENDS UP OWING MERRILL LYNCH 200,000 DUE TO TOTAL LOSSES...............THE MORAL IS..........AS I STATED BEFORE.....CHOOSE SOLID COMPANIES PREFERRABLY WITH GOVERNMENT INVOLVEMENT AND OR BACKING.


BE CAREFUL.


DRAWING INTEREST FROM BANKS IS NOT THAT GREAT UNLESS YOU HAVE A CONSIDERABLE AMOUNT IN THERE.OF COURSE YOU KNOW THAT ALREADY.

 

[Crazier]

Damn. I'm really being a stupid shit over here. That's actually what happened to me. My grandpa passed 6 months ago, and left me $20,000. I spent $5500 of it to get me out of debt. Hence, I have $14500. That chic has about a million dollars 22 years later. I guess that beats spending it on strip clubs and beer. I should go talk to Merrill Lynch and see what they have to say... before it's too late. Then again, I'd like to use about $10000 for a down payment on a house in a year or so.
Decisions, decisions.
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[Adaptek]

Damn. I'm really being a stupid shit over here. That's actually what happened to me. My grandpa passed 6 months ago, and left me $20,000. I spent $5500 of it to get me out of debt. Hence, I have $14500. That chic has about a million dollars 22 years later. I guess that beats spending it on strip clubs and beer. I should go talk to Merrill Lynch and see what they have to say... before it's too late. Then again, I'd like to use about $10000 for a down payment on a house in a year or so.
Decisions, decisions.
--

'
INVEST IT!!!!!!!!!!!!

 

[flexed1]

living off dividends? doubt that. name what you have and what they earn. fact is most companies have cut them down to shit. that 3 % though it looks like nothing is more than most in the market make right now. i invest and have invested 20-30% of my pay every month in the market. i look for well run companies that are having earning problems. unlike you i like tech. i buy everyweek csco, emc, intc. i also look at upcoming sectors that i feel have legs. smart folks dollar average and buy great beaten down companies since experience tells ya they will once again rise. cash now is king. saving cash along with buying stocks is the way to go even if you get 3-5%. when the market does bottom your ready to buy in though never wait for bottom since you'll never catch it. buy and save for the dips. dollar cost average and in the long run you'll do fine. you don't need lots of money to amke it in the market. only smarts. and one last thing when others panic and sell buy buy buy.

 

[cm3504jm]

Do what Mr. Lynch does.

He invests in companys that offer good products that people will use and buy. Making sure that the company is professionally run and employs good people.

You can pick up some real sleepers.

My example: Hometown Buffet. I've eaten there, the food is good, they always have long lines. Bought at 4.00 and they recently sold out at 15.00

But i also keep $ in money market funds, precious metals and firearms(thats the fun investment).

Just use common sense, thats all.

hey, I'm up 1400 on my buys this last week, but I don't care. I'm not even thinking of touching my $ for 20 years....

 

[kunta]

flexed dividends rock, mine pays 25%

if you don't know what to buy spiders or QQQ's, and just like cm was saying using common sense is best