Discussion in 'Members' Lounge' started by pissedoffsol, May 17, 2006.
and you all said stocks were it... lol
so hows gold and silver?
haven't really moved. gold is leveled off a little bit, but who cares, i dont hav emuch of it. silver is where its at.
I lost nothing. I cashed in. I'm 100% in cash. outside of my IRA that is. even my IRA I sold off all but 1 stock. the rest are all money markets.
If any stock takes an 8% loss I SELL. thanks to that rule I didnt lose a dime. Im still ahead of where I started.
money markets huh? what are you getting for a return on those? I think we are pulling a 3.98% on ours. not bad for a fancy savings account.
I'd have to look. one year it rocks the next its so so. on avg I have no idea. its my IRA I just kinda leave it be and walk away.
My main stock. I bought it 1/24/06 and sold it 2 days ago.
Its time to take some chances and buy when everything is down.
Anyone else want to try and catch a falling knife?
3.9% for a money market?
paypal pays better.
OMG this is all Bush's fault
don't blame me I voted for Al Heinz Nader
yes, yes it does
Its always going back up.
most stocks that jump up really high then fall back down will almost never see their old highs. unless they were a very simple slow acting stock.
Well if you're right you should go out and buy tons of stock since you'll make tons of money off it.
They're stocks, you don't move them around every other day if you want to see gains.
...and you don't go buying stocks that are seeing a huge high, because by the time they're seeing these huge highs, their prices are already inflated and the allure is already gone. Thats like jumping on a hooker bandwagon - its already been ridden to death.
They will go back up over time. When I look at stocks I try to get something with a decent dividend, that way they will pay something back to me if they go down, even if it isn't much. A high dividend, to me at least, tells me that they still have cash to stay around for a little while.
ING direct will give you better returns on a cash savings account with no terms, always liquid
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