CleanFreeHost

problem is this

people invest thru brokers, tips from mates or tips from papers and mags


i invest from my own personal research on a business and yeah my portfolio is down right now but only by 2% overall and the reason why is every few years this happens and i knew it was going to have last year in september so i watched carefully and when i saw it all going down i sold my shares and last week
i purchased them all again some companies i held i have doubled my stack in and my worst share i have i end up buying an extra 20% worth so all up right now i am down 2% but once they go back up to normal i'll already be up 20-50%


when shares are down you buy when there up you sell...

also follow the big swinging dicks in the economy they know more then we'll ever know so if they sell there is a reason if they buy so on

an example... on the ASX here in aussie

jerry harvey the most powerful department store tycoon put a takeover bid on rebel sports a sports store.....now mr harvey knows retail business back to front so i got 30k at $.85cents and sold 1 week after the takeover for $1.93 all up my cash was locked up for 3 months as takeovers have alot of paperwork involved etc etc


another example of a bad move is

channel 9 was sold by PBL to a very big tycoon that knew nothing about media......one year later he sold the 1billion dollar network back to PBL again but for only 300million so PBL made $700million and had a year off from looking after the channel 9 network....


also keep away from dot com shit you might as well slap ya money away into a poker machine ....your odds are far better....

instead invest in good stable companys that have assets to reflect the share price....if a company is worth 1billion and its share price is $10 a year yet there assets are only 100million all up then the share is actually only worth $1 and you know the old saying what goes up will come down


another thing to look for is companies that are undervalued because of things like bad media or strikes by employee's

i purchased ORI because it had assets to reflect a $9 per share price yet it was selling for $4.10......i purchase and 6 months later i sold for $8.75 and its now trading at $9.35 i think


so thats it the stock market is like porn if you jump in and think you know it all you'll lose you have to do alot of research to make money


sorry for the speel guys if anyone has any questions they want to ask me i'm happy to answer any i do trading on the side its a good way to keep my business from paying tax yet still making money and its all legal

icq 777427


oh and the biggest rule of all dont invest what you cant afford to lose cause hey not everything pays off but the more you know about an investment the better you are at making a wise pick on to buy or sell