karlunity Posted May 11, 2007 Report Share Posted May 11, 2007 Folks. The market hates me. I buy a stock it goes up..then it drops..if I hold it, it keeps going down or flatlines: Googles..Starbucks...Emc. If I sell it the &&^% goes up. TM..Boeing ...again I lose. : ( I am gonna write a letter to all the 500, if you don't want your stock to tank, put me on retainer. If not, I will buy your stock. Karl the dumb. Since I am too dumb to be a capitalist, perhaps I outta be a commie???? Quote Link to comment Share on other sites More sharing options...
FC Posted May 11, 2007 Report Share Posted May 11, 2007 You might want to become mutual fund Karl. I don't do too bad in the market. Last summer I was a newbie and lost a lot, but have studied really hard since then. I've nearly regained everything I've lost, which was quite a bit. I can tell you what I'm into if you want, just let me know. I'd do the following- sign up at www.marketwatch.com. I'd get "The Street" newsletters. I think it is www.thestreet.com. I get the free version. Investors Business Daily is good. Quote Link to comment Share on other sites More sharing options...
karlunity Posted May 11, 2007 Author Report Share Posted May 11, 2007 FC. You are indeed a kind fella and a gentleman. But I will not ask at this time. I truly think that if I acquired your stocks, your portfolio would tank. I would not do that to a friend. It is not the end of the world. I did not not put anything in the market, I could not afford to lose. Thank you kindly. karl Quote Link to comment Share on other sites More sharing options...
fritz Posted May 12, 2007 Report Share Posted May 12, 2007 "Since I am too dumb to be a capitalist, perhaps I outta be a commie???? " Nahhh, nobody would be that dumb. Maybe you just need to seek counsel in your financial endeavors. Have you talked to Chuck? Friends, remember what Mr. Getty said about getting rich----get up early, work late, and strike oil. That is the way to go. Hey, it worked for him! Even if you make money in the stock market, if you are not invested in the companies that our Vice-President Dicky Cheney owns, you will lose in the end. Oh, you don't have to own those companies. You just have to be a big enough shot to manipulate them. Not hard to do, in capitalist America. fritz Quote Link to comment Share on other sites More sharing options...
Gothmog Posted May 12, 2007 Report Share Posted May 12, 2007 Hey Karl, next time be a pal and let us know what stock you're about to sell. All kidding aside, it seems I do the same thing at times ... its the nature of things I'm afraid. Quote Link to comment Share on other sites More sharing options...
swamprat Posted May 12, 2007 Report Share Posted May 12, 2007 Karl, My Dad told me the guarenteed way to double your money. He said,"Fold it over and put it back in your pocket." I only have a small amount to invest each month . High risk but the potential payoff is great. I put the whole dollar in a lottery ticket. Swamprat Quote Link to comment Share on other sites More sharing options...
Jimro Posted May 12, 2007 Report Share Posted May 12, 2007 Risking money in the stock market for short term gain is a difficult task to master. Much easier to buy and hold on to stocks for long term growth. Jimro Quote Link to comment Share on other sites More sharing options...
karlunity Posted May 13, 2007 Author Report Share Posted May 13, 2007 Much easier to buy and hold on to stocks for long term growth. Jimro Tried that. I was waiting for Googles to pass 500. I am still waiting. karl Quote Link to comment Share on other sites More sharing options...
fritz Posted May 13, 2007 Report Share Posted May 13, 2007 I don't do day trading, don't have the time to devote to it. I use an investment counselor with AG Edwards to find things to invest in, not necessarily stocks (they have not done well for me). Mutual funds, ginnie mays, annunities--that is the way I go, along with a few CDs if they yield around 5 percent. I can live with a 5 percent annum yield, as long as it is safe. Mr. Greenjeans (no longer associated with the Central Bank) robbed me for many years by offering "his" banks money at less than they were paying me. Another way the government can screw you, if you have money. Whose money was Mr. Greenjeans giving "his" banks at a cut-rate? I guess you all know the answer---It was the TAXPAYERS' money! fritz Quote Link to comment Share on other sites More sharing options...
Eldora Posted May 14, 2007 Report Share Posted May 14, 2007 I, too, tried what you're doing with little success even though I spent several years and several thousand dollars on education. Here is hands down the best book I've ever seen on the subject. Rule #1 by Phil Town. Check it out. It's worth your time. Promise. Quote Link to comment Share on other sites More sharing options...
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