ROI...

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YouDidWhat

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Jul 14, 2006
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Cruising a few blogs of the people I go to school with, and one mentions how it pays off to research and mentions that he is placing his life savings in a CD with Washington Mutual that pays 6% interest.. I thought about telling him that I get about 10% a month by various means, but he sounded really satisfied. Got me thinking:

1) Anyone else play stocks or real estate in a big way?

2) WHY WOULD ANYONE GIVE SOMEONE 10k FOR A YEAR FOR ONLY 6% interest?


If your money isn't working as hard as you are, something's wrong.

YouDidWhat
 


1) very little, lost money (stocks) playing the market for 3-4 years on the OTCBB (haha), eral estate is much safer, typically, but now? who knows.. Depends on where you are, some areas are slipping into "buyer's" market territory..

2) to spread out RISK/to diversify

a CD paying 6% is super safe, and the return not considered too poorly.. and if he isn't a master of internet marketing, you can't blame him.. Not everyone possesses the skill you describe (making 10% ROI monthly)..

If you can TRULY return 10% ROI/month, and do it every month, it would translate into a ROI of over 200% a year.. you put in $100, and at the end of a year you'd have $300+. Or, $1mm would turn into $3mm..

You should look for some investors, there are plenty out there that wuold be ECSTATIC to turn $1mm into $1.5mm in a year, and that'd leave you with your own $1.5mm.. or work it however you chose..
 
I made 12% on YHOO the past 2 weeks. I sold yesterday. In @ 23.13 out at 25.98 w/300 shares.
 
Nice pop Engaged - how are you doing YTD?

Watching the Dow hit 12,000 got me curious again, but it's just too damn scary for me.. I've seen guys lose everything in the market in the past 3-5 years, post boom..
 
Trading stocks is VERY easy once you get the hang of it. Have been trading for three years so it does take practice but eventually you get good enough where you can almost predict the stocks just by glancing at the chart.
 
brianpaxton said:
Nice pop Engaged - how are you doing YTD?

Watching the Dow hit 12,000 got me curious again, but it's just too damn scary for me.. I've seen guys lose everything in the market in the past 3-5 years, post boom..
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I have no idea. Scottrade is impossible to figure out how to check that. I'd guess about 20%. Made some good $ with BYD, YHOO (twice now) and PFE. Lost a couple hundred on PEIX.
 
I lost $4000 in a single day ...It was a stock that simply cratered in the PREMARKET on a downgrade before I woke up. Instant carnage. No chance to get out.

P00f 1/5 of my account vaporized. But I was still up though overall so it could have been worse.

Now I have all my money in google which is simply immune to downturns yet is up 40% YTD...Sicne the earnings I've made 16% which is nice.
 
Adsense Loser said:
Have been trading for three years so it does take practice but eventually you get good enough where you can almost predict the stocks just by glancing at the chart.
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Yes, an your predictions are probably 50% accurate :) I'm guessing you're doing technycal analysis.. I prefer buy&hold.
 
"predict the stocks just by glancing at the chart."

Technical Analysis? lmao Rolling dice is more like it..
 
Technical Analysis is good for looking for pennies, why use it for trading stocks, get into futures were a 1 point move can double your money and you have no minimum account size of $25,000 for day trading. I know quite a few people making $800 to $900 a week with a $5000 account.
 
Adsense Loser said:
I lost $4000 in a single day ...It was a stock that simply cratered in the PREMARKET on a downgrade before I woke up. Instant carnage. No chance to get out.

P00f 1/5 of my account vaporized. But I was still up though overall so it could have been worse.

Now I have all my money in google which is simply immune to downturns yet is up 40% YTD...Sicne the earnings I've made 16% which is nice.
Click to expand...

I should've jump in GOOGLE when it was at $80 a pop....look at it now....shit muthafucker cunt bitch slut!!....
 
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