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Old 05-05-2006, 04:25 PM   #31
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Quote:
Originally posted by melon


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.
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Old 05-05-2006, 04:27 PM   #32
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Originally posted by ouizy
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.
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Old 05-06-2006, 03:25 PM   #33
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Much thanks to everyone again. I haven't replied directly in a little while, mainly because I'm thinking.

Melon
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