Questions about Investing...

[Dreadsox]

I've thought of playing that game. But I certainly wouldn't consider this a long-term investment strategy; more like a visit to the casino. In other words, whatever I'd set aside for day trading, I'd be prepared to completely lose.

So...where/how do you do that?

Melon

For this one success...I have 7 losers in the game. And you are correct....do not play this way unless it is money you are prepared to lose. I have held on to this puppy for the long hall.

Gold has been an AWESOME investment over the last five years. There are still a few undervalued babies out there.

WHT (Wheaton Mining) my initial investment was bought out by GG another company I have found to be a super stock. They have monthly dividends.... Vector Vest has been a good online source for me.

 

[Dreadsox]

Melon,


You could look into Certificates of Deposit (CD's.) Most banks offer them and right now you can get very good rates on these.

Etrade has given me a pretty darn good rate on my CD's. You may want to check into them.

I have been trying to set up a rolling CD so that they come mature every month. If I need the money I take it, if not I roll it again. I am close to having seven months of cd's coming around. I have found it to be helpful if there is a surprise expense that comes up.

 

[melon]

Much thanks to everyone again. I haven't replied directly in a little while, mainly because I'm thinking.

Melon