DANKTHRONE
Pro
If you believe in the efficient markets hypothesis i don't see how you can say that there is any reliable way to choose in advance which mutual funds will beat the market. Unless you have a time machine.
If you believe in the efficient markets hypothesis i don't see how you can say that there is any reliable way to choose in advance which mutual funds will beat the market. Unless you have a time machine.
But don't take my word for it: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1356021
I have good news for these non-professionals: The typical investor doesn't need this skill. In aggregate, American business has done wonderfully over time and will continue to do so (though, most assuredly, in unpredictable fits and starts). In the 20th century, the Dow Jones industrials index advanced from 66 to 11,497, paying a rising stream of dividends to boot. The 21st century will witness further gains, almost certain to be substantial. The goal of the non-professional should not be to pick winners -- neither he nor his "helpers" can do that -- but should rather be to own a cross-section of businesses that in aggregate are bound to do well. A low-cost S&P 500 index fund will achieve this goal.
...so we both agree with the warren buffet quote that it is better to just track the market rather than paying someone to try and pick winners?
NUS and OMER are 2 other stocks to play in
One needs to establish a long term position in OMER (below 12.50 is)
as well as some volatility lots.
at some point this stock will test the $37 PT REITERATED AND RECENTLY RAISED by Wedbush, if it doesn't your volatility lots should have left you playing with house money by the time you give it up
and one needs to look at NUS as a volatility play for the next few days (bob and weave mofo!)
until it settles before a run back to its former glory
on the other hand it may just get squeezed the fukk all the way back there and then some, just in the premarket alone so..... Wish I told y'all about NUS sooner...
regardess there will be volatility
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How much is the minimum needed to really take advantage of stocks? I literally put 3 racks in an index fund the other day and I'm trying to figure this investing shyt out.
How much is the minimum needed to really take advantage of stocks? I literally put 3 racks in an index fund the other day and I'm trying to figure this investing shyt out.
I don't know much about stocks but from what I've been reading it seems like 10%-20% returns are considered pretty good therefore I would I assume you'd need 5+ figures for it to be even worthwhile. I mean 20% on 3stacks gets you like 600 and then when you takeaway the fees and taxes and whatnot what are you really left with. You know we're on that gambling shyt, we can turn 50 dollars into 600 in a week lol.