AcrobatMan
Rock n' Roll Doggie
Just wondering.
I am greatly fascinated by stock market
I am greatly fascinated by stock market
DaveC said:I have mutual funds for school...that's it though
U2Kitten said:First, no money no stocks
Even if I did I don't think I'd do it. I know two older people who lost their entire life savings in the stock fad of the late 90's.
Bono's American Wife said:worthless crap
AcrobatMan said:I disagree that it is gambling.
AcrobatMan said:
Never buy a cheap stock - Its gambling
Bono's American Wife said:
Well, we don't make a habit of it. Most of our investments are for the long term, not to make a quick buck, but this was a highly recommended stock that someone we trusted had already invested in.
The technology being developed by the company we invested in was supposed to be in high demand due to security changes after 9/11 and it looked like a pretty sure thing. Of course I know now that nothing is a sure thing, but it was a live and learn experience.
That said, we let our financial planner do the work for us now. He keeps things diversified between mutual funds, global and small cap stock. I'm not thrilled with our return rate the last few years but I'm too conservative to pull everything out and put our money somewhere else.