Reply to thread

Message

[QUOTE="itlegacy, post: 954912, member: 39780"]
If you have a nominal amount of liquidity (some cash to spend), try picking up some great stocks "on the cheap."  Last week, for the price of a poker game's entry fee, I picked up some really good buys on quality companies which were drawn down with all the others in freefall.  Plan to hold them for a while, as there is too much volatility; but, experimenting, I actually have even picked up some change on their way back up on Monday (I always include the fee for making the trade in the sell limit).  ...and now they're coming down again.  I recommend using "limit" buys/sells though to control profit/loss levels, especially if you've never dabbled in stocks before.  And you don't need to purchase large quantities of shares doing this online ... pick/choose from different sectors vice just one.  Yep, just like playing poker ... invest only in what you know or use yourself, and only spend limited funds in this world of turmoil (just like poker, I keep my stock "kitty" small enough that if I lose, it doesn't hurt .... and it is just as entertaining as playing cards).
[/QUOTE]

Verification

Search

Reply to thread

About CardsChat

Our Community

Our Site

Follow us