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I know how to make $$$.. But I dont know how to fuckng manage it.
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invest in small businessrisky, but at least you can personnaly make a difference if its go down or not, or invest in someone you trust business and take some share ;)Comment
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already do.Originally posted by skillfull
invest in small businessrisky, but at least you can personnaly make a difference if its go down or not, or invest in someone you trust business and take some share ;)
Industry Hall Of Fame Legend Mike Jones
Bow to the Power - Still BP4L
http://gfyawards.com/hall-of-fame
Learn about it kids.Comment
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if its making you a profit, why not do it more ?Originally posted by boneprone
already do.
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because cnbc and espn are on my tv.Originally posted by skillfull
if its making you a profit, why not do it more ?
and all i do all day is watch tv.
Industry Hall Of Fame Legend Mike Jones
Bow to the Power - Still BP4L
http://gfyawards.com/hall-of-fame
Learn about it kids.Comment
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invest in "more" business yeah :POriginally posted by emthree
"more"?Comment
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okOriginally posted by skillfull
invest in "more" business yeah :P
Industry Hall Of Fame Legend Mike Jones
Bow to the Power - Still BP4L
http://gfyawards.com/hall-of-fame
Learn about it kids.Comment
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Wish i could give some good advice Boneprone. I've been in the online gambling biz since 1997. I've seen doctors, lawyers and others lose all their assets to gambling.
don't play against the house, be the house
Trump haters gonna hate. that's all they can doComment
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Check out TEVA?
Earnings come out Nov 4th....
Looking for around $30.00We are what we repeatedly do.-AristotleComment
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My other tip is partypoker.com....
That place is to easy to cleanup on....the tools that try to play are just that...TOOLS...lolWe are what we repeatedly do.-AristotleComment
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Come on Warren Buffet is not the norm MOST people lose and you have better chances making money in a casino then on wall street.Originally posted by KRL
EB are you kidding?
The stock market is the basis for our country's economic power position in the world.
You can't win on Wall St? Tell it to Warren Buffett.
Now yeah people who know stuff sure they can make money but the avg joe will lose.
I know tons of wealthy people NOT 1 can say "thanks to wall street im rich"
Few make any money to talk about and thats my point
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ICQ# 158802076Comment
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try sharebuilder.com dollar cost average in. Do the ishares in a few indexes so your diversified. you'll sleep well at night and be rich in 20 years.Big Boob trades icq 265907826Comment
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2 rules I have
dont play options
dont invest in individual stocks..
if your gonna loose make everyone else loose with you buy index etfs
also with todays tax incentive you ahve to be 2 times as good at returns trading than me if you turn over more than once per year.
just somehting to think about
boring wins... not big but it always wins...Comment
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:P yankees
fucking roflOriginally posted by rayadp05I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?Comment
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Sounds just like what I wrote.Originally posted by LegendaryLars
2 rules I have
dont play options
dont invest in individual stocks..
if your gonna loose make everyone else loose with you buy index etfs
also with todays tax incentive you ahve to be 2 times as good at returns trading than me if you turn over more than once per year.
just somehting to think about
boring wins... not big but it always wins...
Agree 100%
Contact ICQ: 159141828Comment
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I can see why you are having a problem. I wouldn't invest in IPOs. People get clouded by huge IPO successes like microsoft and mcdonalds but overall IPOs are a bad investment. Two university professors, Jay Ritter and Timothy Loughran documented the success of all the IPOs since 1970. here is what they found:Originally posted by boneprone
JESUS CHRIST..
The DOW is up over 10,000 today.
Yet im down..
Been down for a while now.
Everything i put my money in it goes to shit.
Stocks, the Yankees, the Blazers, you name it.
Im gunna dump a bunch of cash into the dreamworks IPO tomorrow..
Watch for that one to tank...
Average annual return for IPO stocks: 5%
Average annual return for comparable stocks: 12%
As a general rule, IPOs are overpriced.
Try real-estate. I agree with you that we are in a bubble but as long as you buy primary real-estate (not vaccation property), it shouldnt be effected much. And I gaurantee you if you hold it for 10 years, bubble or not you will make money. Look at it this way, if you have $150,000 in cash and you buy a townhouse, you can rent that townhouse for $100-$1500 a month. Tell me another investment, besides small business, that will pay you up to 10% per year in dividends and then appreciate.
A good investment, including index funds, will return an average yield of 10-12% a year. any investment that you think will make more than that is a going to be a big risk.
I got those IPO stats from Investing for Dummies by Eric Tyson. It way be embarresing to read on the airplane, but it is a good book.Comment
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The compound average growth rate of annual total return to investment in the stock market, including reinvested dividends, has been 8.9% over the last 132 years (1871 through 2002).Originally posted by EscortBiz
Come on Warren Buffet is not the norm MOST people lose and you have better chances making money in a casino then on wall street.
Now yeah people who know stuff sure they can make money but the avg joe will lose.
I know tons of wealthy people NOT 1 can say "thanks to wall street im rich"
Few make any money to talk about and thats my point
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Originally posted by skillfull
invest in "more" business yeah :P
That's it!! More businesses... I see bonepronecash in your future.
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invest your money in something that MAKES more money. Contact me on ICQ 339-544-663 about putting some money into our companies...Im down about 12k in investments this month.
SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.Comment
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Yep!Originally posted by DrinkingHard
BP, do you still own your restaurant?
DH
And whenever I think of buying a condo or some real estate to rent out your name comes to mind..
As you know ive been wanting to do that, and i know you do.. Been wanting to talk to ya about that.
And I know you've been looking at starting a resturant and wanted to talk to me about that.
Maybe we should shoot the shit and talk shop again in Vegas.
Industry Hall Of Fame Legend Mike Jones
Bow to the Power - Still BP4L
http://gfyawards.com/hall-of-fame
Learn about it kids.Comment
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I look forward to it bro.Originally posted by MrIzzz
yooooooooo, if you wanna make some money, you're more than welcome to sit with me and juicy at the blackjack tables in vegas in january
Consider it a date.
Industry Hall Of Fame Legend Mike Jones
Bow to the Power - Still BP4L
http://gfyawards.com/hall-of-fame
Learn about it kids.Comment
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I remember months back you and I talking about the google IPO...Originally posted by Voodoo
Invest in Google, and watch alot of people scramble to move their funds when it starts to tank.
And me talking you and myself out of being intrested in it.
That choice decision is killing me.
Could have made a killing if I had listened to you.
Industry Hall Of Fame Legend Mike Jones
Bow to the Power - Still BP4L
http://gfyawards.com/hall-of-fame
Learn about it kids.Comment
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heres my stock pick
PRRM
its at 0.0001 right now, dillution is almost over, could rocket up anytime. Just my opinion, do your own research before buying.
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ICQ: 143661052Comment
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Do your streches for tomorrow
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listen the numbers sound great you know and I know and anyone with a half a brain knows the average guy who gets involved in the stock market LOSES!Originally posted by KRL
The compound average growth rate of annual total return to investment in the stock market, including reinvested dividends, has been 8.9% over the last 132 years (1871 through 2002).
If you have 10 friends who played the market all or almost all have lost money, or made a few pennies not worth talking about. If thats not the case you simply are hanging out with very lucky people.
Few make a living day trading.
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