The Stock Market - GoFuckYourself.com

Gimmy · 05-11-2003, 02:22 AM

What do you guys think about playing around with stocks? Anyone here bought, sold stocks? What were your experiences, loses???

FlyingIguana · 05-11-2003, 05:06 AM

you mean day trading? don't do it unless you can afford to lose all your money.

there's some value out there if you can find it. but thats more of a buy and hold strategy.

Phoenix66 · 05-11-2003, 05:21 AM

Agree. Better stay away from day trading.

slapass · 05-11-2003, 05:31 AM

daytrading has been very good to me. But since the first of the year porn has been better.

Bobby Fissure · 05-11-2003, 05:36 AM

You have a better chance of making money gambling on sports.

FlyingIguana · 05-11-2003, 05:39 AM

Quote:

Originally posted by Bobby Fissure
You have a better chance of making money gambling on sports.

thats absolutely not true. if you know what you're doing you can make money with stocks.

Trax · 05-11-2003, 05:51 AM

indeed
i know guys who earn more money with stocks a day then some guys here do in a year
it all depends on your knowledge and capital

TheMob · 05-11-2003, 05:55 AM

Quote:

Originally posted by Bobby Fissure
You have a better chance of making money gambling on sports.

Lol, if that's your serious opinion then yes, YOU can make more money on sports betting.. however if you have some brains or know what to look out for (which is really not that hard) you can make some easy money daytrading.. in the end both is just gambling.. you just need to check the odds.

KRL · 05-11-2003, 07:58 AM

Stocks are the best performing long term investments you can have.

Below are the best and the worst returns at various holding periods in stocks, bonds, and cash averaged since 1802.

Stocks: 1 Year holding period: +66% to -38.6%
Bonds: 1 Year holding period: +35.1% to -21.9%
Bills: 1 Year holding period: +23.7% to -15.6%

Stocks: 5 Year holding period: +26.7% to -11.0%
Bonds: 5 Year holding period: +17.7% to -10.1%
Bills: 5 Year holding period: +14.9% to -8.2%

Stocks: 10 Year holding period: +16.9% to -4.1%
Bonds: 10 Year holding period: +12.4% to -5.4%
Bills: 10 Year holding period: +1.6% to -5.1%

Stocks: 20 Year holding period: +12.6% to +1%
Bonds: 20 Year holding period: +8.8% to -3.1%
Bills: 20 Year holding period: +8.3% to -3.0%

Stocks: 30 Year holding period: +10.6% to +2.6%
Bonds: 30 Year holding period: +7.4% to -2.0%
Bills: 30 Year holding period: +7.6% to - 1.8%

If you are a short term investor stocks are riskier than bonds and cash. But at 20 to 30 year holding periods equities are indeed safe based on historical averages.

I recommended a hot stock play on the boards here recently.

NASDAQ Symbol UBET

Website http://www.youbet.com

Financials: http://finance.yahoo.com/q?d=t&s=UBET

When I got the recommendation it was at .50 cents per share. I posted here on the board a strong buy indicator still at $1.50. It closed Friday at $3.27.

goBigtime · 05-11-2003, 08:05 AM

Here's a riddle:

I played stocks for awhile and wound up with ~$300,000... except I can only use $3000 of it every year...

What happend?

Fear the market makers.

fnet · 05-11-2003, 08:09 AM

Quote:

Originally posted by KRL
Stocks are the best performing long term investments you can have.

(...)

I recommended a hot stock play on the boards here recently.

NASDAQ Symbol UBET

Website http://www.youbet.com

Financials: http://finance.yahoo.com/q?d=t&s=UBET

When I got the recommendation it was at .50 cents per share. I posted here on the board a strong buy indicator still at $1.50. It closed Friday at $3.27.

I recommended (two months ago) and still strongly recommend INGR (geospatial software)- the chart should be enough to pique your interest. If anyone wants more detail feel free to talk to me on icq (13384735).

Gimmy · 05-11-2003, 01:44 PM

thnx everybody, anymore thoughts

05-11-2003, 02:22 AM	#1
Gimmy Confirmed User Join Date: Jul 2002 Location: My ass Posts: 1,069	The Stock Market What do you guys think about playing around with stocks? Anyone here bought, sold stocks? What were your experiences, loses???

05-11-2003, 05:21 AM	#3
Phoenix66 Confirmed User Join Date: Oct 2002 Posts: 823	Agree. Better stay away from day trading. __________________ Adult Niche Traffic Exchange

05-11-2003, 07:58 AM	#9
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Stocks are the best performing long term investments you can have. Below are the best and the worst returns at various holding periods in stocks, bonds, and cash averaged since 1802. Stocks: 1 Year holding period: +66% to -38.6% Bonds: 1 Year holding period: +35.1% to -21.9% Bills: 1 Year holding period: +23.7% to -15.6% Stocks: 5 Year holding period: +26.7% to -11.0% Bonds: 5 Year holding period: +17.7% to -10.1% Bills: 5 Year holding period: +14.9% to -8.2% Stocks: 10 Year holding period: +16.9% to -4.1% Bonds: 10 Year holding period: +12.4% to -5.4% Bills: 10 Year holding period: +1.6% to -5.1% Stocks: 20 Year holding period: +12.6% to +1% Bonds: 20 Year holding period: +8.8% to -3.1% Bills: 20 Year holding period: +8.3% to -3.0% Stocks: 30 Year holding period: +10.6% to +2.6% Bonds: 30 Year holding period: +7.4% to -2.0% Bills: 30 Year holding period: +7.6% to - 1.8% If you are a short term investor stocks are riskier than bonds and cash. But at 20 to 30 year holding periods equities are indeed safe based on historical averages. I recommended a hot stock play on the boards here recently. NASDAQ Symbol UBET Website http://www.youbet.com Financials: http://finance.yahoo.com/q?d=t&s=UBET When I got the recommendation it was at .50 cents per share. I posted here on the board a strong buy indicator still at $1.50. It closed Friday at $3.27. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

05-11-2003, 08:05 AM	#10
goBigtime Confirmed User Join Date: Nov 2002 Posts: 7,761	Here's a riddle: I played stocks for awhile and wound up with ~$300,000... except I can only use $3000 of it every year... What happend? Fear the market makers. Last edited by goBigtime; 05-11-2003 at 08:08 AM..

05-11-2003, 05:06 AM	#2
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	you mean day trading? don't do it unless you can afford to lose all your money. there's some value out there if you can find it. but thats more of a buy and hold strategy.

05-11-2003, 05:31 AM	#4
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	daytrading has been very good to me. But since the first of the year porn has been better.

05-11-2003, 05:36 AM	#5
Bobby Fissure Confirmed User Join Date: Apr 2003 Posts: 380	You have a better chance of making money gambling on sports.

05-11-2003, 05:51 AM	#7
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	indeed i know guys who earn more money with stocks a day then some guys here do in a year it all depends on your knowledge and capital

05-11-2003, 01:44 PM	#12
Gimmy Confirmed User Join Date: Jul 2002 Location: My ass Posts: 1,069	thnx everybody, anymore thoughts