Having said that my 'strategy' is simply to invest in blue chips which appear undervalued compared with their medium term potential.JohnG@lt wrote:
Precisely. If you do not feel confident enough in a company to invest solely in it it's not worth putting a penny into it. Expect failure and you will fail.Dilbert_X wrote:
Dumb diversification just spreads your dumbness further.
I came into some money on Friday and put $10,000 into BP stock. Between Friday and yesterday I'm up $1,096Dilbert_X wrote:
Having said that my 'strategy' is simply to invest in blue chips which appear undervalued compared with their medium term potential.JohnG@lt wrote:
Precisely. If you do not feel confident enough in a company to invest solely in it it's not worth putting a penny into it. Expect failure and you will fail.Dilbert_X wrote:
Dumb diversification just spreads your dumbness further.
Just relying on diversification alone won't save you though.
Put a stop limit on that bitch so it wouldn't fall too hardJohnG@lt wrote:
I came into some money on Friday and put $10,000 into BP stock. Between Friday and yesterday I'm up $1,096Dilbert_X wrote:
Having said that my 'strategy' is simply to invest in blue chips which appear undervalued compared with their medium term potential.JohnG@lt wrote:
Precisely. If you do not feel confident enough in a company to invest solely in it it's not worth putting a penny into it. Expect failure and you will fail.
Just relying on diversification alone won't save you though.
I thought about it but it realistically can't fall below $30 without being targeted for a takeover. It's combined assets are already well above its stock value. I bought at $33 and I expect it to hit $50 or be bought in the next two years.Cybargs wrote:
Put a stop limit on that bitch so it wouldn't fall too hardJohnG@lt wrote:
I came into some money on Friday and put $10,000 into BP stock. Between Friday and yesterday I'm up $1,096Dilbert_X wrote:
Having said that my 'strategy' is simply to invest in blue chips which appear undervalued compared with their medium term potential.
Just relying on diversification alone won't save you though.
Last edited by JohnG@lt (2010-07-13 06:51:49)
Last edited by JohnG@lt (2010-07-13 06:54:09)
"you can expect a return on if anything"DrunkFace wrote:
lol. You invest in a start up company you have statistically 50% chance of losing everything within a year and something like 80% within 5 years.Flaming_Maniac wrote:
A start up is the kind of company that you can expect a 200% return on if anything.11 Bravo wrote:
what kind of return do you expect investing in a company with 10 people?
You wont make any kind of profit or cash flow for about 2-3 years, and you can't sell what you own because it has the liquidity of a brick. There is very few things more risky then investing in start up businesses, but then if it does become a success you will make thousands % profit not 200.
Getting involved with one which has a good business plan may lower those risks, but its in no way a guarantee of success, and you'll still be waiting years to cash in. Also very few small businesses trade on the share market making this whole idea irrelevant to the OP.
Dude...diversification removes the variance from your decisions, it doesn't make your decisions better. As Dilbert put it so well it spreads your stupidity. If you're going to diversify instead of investing in good companies, stay away from my money and preferrably stay away from anyone else's money too.mcminty wrote:
But the point is that through diversification, you remove the non-systemic (firm specific) risk of your portfolio.. thus making the task of finding and investing in some "business with a plan" redundant.
Steel. China's chewing through that shit fast.SEREMAKER wrote:
so wheres my grand ????
and I'd probably go buy gold
