Build Your Own Arcade Controls Forum
Main => Everything Else => Topic started by: LLUncoolJ on June 17, 2009, 10:38:20 am
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I take a look at the stock market and while all of my holdings are all stinking it up, one in particular is dropping my jaw. Mosaic (MOS) is down 8.6% !?!?! WTF? I try to look up the news and everything is peachy...it just feels like taking a 4 and a half point nose dive. F'ing ---That which is odiferous and causeth plants to grow---!!!!! HTF am I going to finance this arcade hobby? :angry:
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Repeat after me... "the stock market is not a short term investment... the stock market is not a short term investment... the stock market is not a short term investment... the stock market is not a short term investment..."
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The 401K is not a short term investment. My trading account (gambling money) is a short term investment. It has served me well until about 18 months ago. Maybe I ought to just do it the old fashion way and go down to the Casino Queen and put it all on black.
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May as well. Playing the stock market short term is not much different than a casino table.
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May as well. Playing the stock market short term is not much different than a casino table.
I'm having fun wheeling and dealing in penny stock. It's exciting, and I have no real money tied up in it.
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I'm having fun wheeling and dealing in penny stock. It's exciting, and I have no real money tied up in it.
Would you call that an actual investement, though?
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If the product ever actually makes it to market? Then yes. For now, I just screw around with buying buying selling it, mainly to avoid etrade's outrageous quarterly fees. I made like $100 last week on one small chunk of a sale. I'll just buy it back next week at a lower price.
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Nice way to learn about trading.