make money fast

[enwar3]

i mean really short term, like measured in months. ie i put 500 into apple stock two months ago and now its 660some, i figure its not bad for a high schooler thats not doing anything. anyone tried investing like that? like buying right before a highly anticipated product, or a good movie, or whatever comes out?

 

[KLin]

Just wait until you invest in something and lose half your money.

 

[Albis]

if it was that easy, we would all be rich

rich i tell you rich

 

[enwar3]

im not bragging or anything its my dads money. but im thinking if you did enough research or planning that this kind of risk might turn out favorably..

EDIT: just a hser looking for something to do in his spare time. or maybe i should go get a real job?

 

[vi edit]

It's a really good way to lose $500.

Most small investors buy at the absolute worst time. They buy when stocks are at their high points and then sell when they are at their lowest getting the worst returns possible.

Then you have to worry about comissions on the buy and sell end and then capital gains on realized gains (if any).

 

[Midlander]

The only people who consistently make money when stocks are being bought and sold on a short-term basis are the stockbrokers. Everyone else loses on average.

Don't do it.

 

[Taggart]

Originally posted by: Midlander
The only people who consistently make money when stocks are being bought and sold on a short-term basis are the stockbrokers

and probably Congressmen

 

[vi edit]

Originally posted by: Taggart

Originally posted by: Midlander
The only people who consistently make money when stocks are being bought and sold on a short-term basis are the stockbrokers

and probably Congressmen

Moreso "insiders" and their friends. For every Martha Stewart that gets caught, there's endless numbers that make a ton with insider info or who have access to pre-secondary market IPO offerings.

 

[DaveSimmons]

Don't do it, like everyone is trying to warn you the majority of people who gamble like this lose money.

Just accept the 3.5/4% a year from INGDirect or Emigrant for short-term investing, or for long term investing buy and hold a good stock index mutual fund like VFINX.

Or go to Vegas and bet it all on black. Snipes sez you'll win!

 

[rh71]

gambling is bad for you... very bad.

 

[Anonemous]

Originally posted by: DaveSimmons
Don't do it, like everyone is trying to warn you the majority of people who gamble like this lose money.

Just accept the 3.5/4% a year from INGDirect or Emigrant for short-term investing, or for long term investing buy and hold a good stock index mutual fund like VFINX.

Or go to Vegas and bet it all on black. Snipes sez you'll win!

or lotsa lottery tickets... you can't go wrong... =)

 

[simms]

No way. Brokers will take a chunk of that anyways, so you lose.
If you invest in Mutuals, you still lose. Minimium holding period is 3 months.

 

[Hammerhead]

You should have put it in to 12 daily pro.
If you put in 500, you'd have 720 at the end of 12 days.

 

[newParadigm]

dude, i invested in nVidia like four years ago, and made 12% in two months and this was the week after 9/11.

~new

 

[daytrader7]

Originally posted by: DaveSimmons
Don't do it, like everyone is trying to warn you the majority of people who gamble like this lose money.

Just accept the 3.5/4% a year from INGDirect or Emigrant for short-term investing, or for long term investing buy and hold a good stock index mutual fund like VFINX.


Or go to Vegas and bet it all on black. Snipes sez you'll win!

Snipes sez you'll win! I dont even know what to type....lmfao

 

[OS]

lol, good luck with 500 dollars.