Results 11 to 19 of 19
Thread: Beauty seeks Brain….
-
04-22-2006 #11
I appreciate everyone’s advice and will take it all into consideration.. I guess picking and trading stocks came into view as adventurous. I thought it would be exciting making a few thousand dollars here and there… I have already done the real estate/rental property thing with my ex/ he liked “flipping” the properties ( like an idiot) I rented out mine tons of problems and bad tenants. I am playing with my half of the equity from the last property..
I thought I could take like $8,000-$10,000 pick a couple of companies and ride the wave... is that possible? Is that too risky ? If I want an immediate loss or gain… is day trading the best idea .. or am I better off going to the casino like the other guy said…LOL
-
04-23-2006 #12
- Join Date
- Jan 2006
- Location
- ct usa
- Posts
- 1,294
Originally Posted by Priceless_PrincessNYC
-
04-23-2006 #13Originally Posted by Ecstatic
-Quinn
Life is essentially one long Benny Hill skit punctuated by the occasional Anne Frank moment.
-
04-23-2006 #14
- Join Date
- Mar 2006
- Posts
- 87
My quick advise:
Move to Dallas. The weather is great (a little hot in the summer, but so what). The economy is booming!
Regarding investing, buy Valero (VLO). This is an oil and gas company. The stock continues to rise exponentially. If you are going to pay out the ass at the pump, you might as well profit as a result! I certainly have with this stock.
-
04-24-2006 #15Originally Posted by Quinn
Now a good Thai friend of mine suggests moving to Thailand and investing in the condo market there...I dunno....
Priceless Princess, it must feel good to have 10k to risk (I assume that you're in a position that you can afford to risk it all, and 10k of itself isn't that much money, but it's good money to invest). Good luck in picking a venture. I'd be tempted to play it safe with 9k and do something wild with the remaining thou....
-
04-24-2006 #16
let me chime in here....i say 4get trading stocks right now and invest in hard assets like gold(not paper gold but 1oz and more preferably 1/2 oz coins)....in hard economic times like these gold is always a safe and profitable bet. Gold is selling at an all-time high and is only going to go up...now is a good time 2 buy.....just my 2 cents sexy....
-
04-24-2006 #17
Pennies just might be a good investment, too: currently it costs the Federal Mint 1.4 cents to produce each penny. There's talk of going to steel pennies, as they did during WWII (there's little copper in a penny now, but a good deal of zinc). Of course, monetarily a penny is worth a penny, but some people are hoarding them and holding onto them for the metal value.
-
10-30-2007 #18
Sell dollars. Buy euros. The US gov't is technically bankrupt.
If I got a dime every time I read an ad with purloined photos I could retire right now. http://www.youtube.com/watch?v=6QjS0AbRpAo Andenzi, izimvo zakho ziyaba.
-
10-30-2007 #19
If daytrading was an easy way to make $ this board would be full of millionaires. Both Valero & gold are good suggestions, buy the ETF "GLD". That may actually be a good longer term investment since the dollar is tanking & most people feel the market will probably cool off in the next couple of years.
If you want to make a faster buck try investing in funds specializing in Brazil, Russia, India or China, just keep an eye on them & be prepared to pull quick when their market tanks. I've done very well this year with a wireless telecom in China, but that market will dive soon, but I think wireless in developing countries is a good bet.
Best suggestion: find someone who is really smart & watch what they do, There are several webpages that display the investing moves of Warren Buffet & that's the best.