I have to agree...be careful what you take stock in... ;-)
Quote:
Originally posted by RedShoe:
Lesson learned: don't take advice from a website with "Go Fuck Your Self" in the title.
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invest - To spend or devote for future advantage or benefit
For a beginning investor, it's probably best to start small, learn what type of investing best suits your needs, then don't stop learning. Look for things with limited loss and unlimited upsides. Learn about setting stops and limits. Learn the basic terminology so you understand what stock prices are all based on. Then you can start making your own decisions on where to put your money :-)
Also, I saw Ace0r talking about shorting stock, and there are many good places to use that tool...but there are also some things to watch out for. The most you can make shorting stock is 100% (that's if the stock goes all the way to 0) Whereas the most you can lose is basically unlimited. Just keep that in mind, and only use that if you're carefully watching the situation, and are up for the risk involved.
Well, hope everyone is having a great day!
loster
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