I bought $13k of a stock in '04......
I thought we were talking investment, not the ladies' knitting circle share club.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I bought $13k of a stock in '04......
I thought we were talking investment, not the ladies' knitting circle share club.
The knitting ladie's won't let me in their club for other reasons.....
Some of us embarrasingly only havelow am ounts of money, people can & will take from this what they choose to ....
Jeez JC. The heading is about achieving wealth through shares. With a grand capital how can I achieve wealth through property?
You are welcome to stay where you are, just as long as I don't have to move.Dude, I was answering a question from a poster. And no I dont have a lot of money, sorry
Are you & I having a fight or soemthign ? Cause if we are, I didn't realise., in fact, I always thought your commetbns were pretty good.
Please let me know if I shoudl be taking up a different position, I'd hate to make more of a fool of myself than I apparently already have.
You are welcome to stay where you are, just as long as I don't have to move.
Sorry. I've had a bad day. It was the post after yours which riled me. I just don't understand how penny punts entered a discussion on generating wealth.
The only REAL money to be made (ie turning a small fortune into a large one which is what the OP asked, as I remember) will be in junior miners. If and when you jag one (yes it ain't guaranteed) you ride it, not trade it.
Nothing quite as satisfying as a 1,000% gain.
I should add that there is a small chance of a biotech making good, but that's not for me.
OK, this piques my interest. So of the 25? 50? or so listed junior minors (or are some of these apprentice or just-graduated?) how would one select where to sink one's money? I would think that $5-10k in EACH would be self-defeating.
This is a serious question, not having a go. Any perspective would be appreciated.
Check out www.hotcopper.com.au to get an idea.
Basically look for small miners that have a large tenement which is going to get big for either a) a takeover or b) to become a producer of the mine. Example of the market's wonderchilds are things like Karoon Gas (KAR), WPG Resources (WPG) and so on.
......If you pick ten randomly then you might expect six to go under, three to break even, and one to generate sufficient returns to cover the costs of the other nine....
I would think that $5-10k in EACH would be self-defeating.OK, this piques my interest. So of the 25? 50? or so listed junior minors (or are some of these apprentice or just-graduated?) how would one select where to sink one's money? I would think that $5-10k in EACH would be self-defeating.
This is a serious question, not having a go. Any perspective would be appreciated.
geez it takes me a lot of work to earn money from my job that i would never put money on a random stock. Might as well go to the casino and put it on the red.50% chance i get lucky.
The chance is LESS than 50% because there is a 0 on the board -- house wins all. The game is rigged in the house's favour.
The chance is LESS than 50% because there is a 0 on the board -- house wins all. The game is rigged in the house's favour.
Or a random house?Oh yes, still better than a random stock imo!
But I may be tempted to buy a few different companies knowing that they weren't all going to succeed
Is this a systematic approach?
It's not random. Does that mean it's systematic?