i'm going to take the same approach to investing as i do with gambling

[BlahBlahYouToo]

i'm going to go in with the mindset that i WILL lose money.
obviously i'm hoping to come out ahead, but if i lose it all i won't dwell on it.

going to invest $1k (money that i can afford to lose) very short term (couple of days to a week), on a stock with a lot of volatility.

i missed the boat when AIG was at $2 and shot back to $4-5 the week before it was bailed out.
same with C when it was $3ish and back up to $8 after a weekend.

 

[Newbian]

Well at least with gambling there are usually strippers nearby to comfort you. 😉

 

[KeithTalent]

Originally posted by: Newbian
Well at least with gambling there are usually strippers nearby to comfort you. 😉

And free drinks!

KT

 

[oznerol]

Soooo... then you aren't investing, you're gambling.

So you're taking the same approach to gambling as you do gambling?

 

[BlahBlahYouToo]

Originally posted by: ducci
Soooo... then you aren't investing, you're gambling.

So you're taking the same approach to gambling as you do gambling?

i guess. i mean, day trading is basically gambling anyway.