Yay I'm Rich

[MAME]

My company's stock went up 50% today.

 

[ahurtt]

You aren't rich until you actually sell it. Until then you're only rich on paper.

 

[tw1164]

So sell it

 

[IceBergSLiM]

Originally posted by: ahurtt
You aren't rich until you actually sell it. Until then you're only rich on paper.

bingo.

 

[j00fek]

insider trading

 

[lokiju]

SEEELLLLLLLLLLL!!!!!!!!

 

[Phokus]

I bet it quadruples in value after he sells it.

 

[mugs]

Originally posted by: j00fek
insider trading

... huh?

 

[mugs]

Originally posted by: Phokus
I bet it quadruples in value after he sells it.

This year, I invested in pumpkins. They've been going up the whole month of October and I got a feeling they're going to peak right around January. Then, bang! That's when I'll cash in.

 

[dainthomas]

People who have a large portion of their portfolio in one company are noobs.

 

[waggy]

Originally posted by: j00fek
insider trading

what?

 

[maddogchen]

Originally posted by: lokiju
SEEELLLLLLLLLLL!!!!!!!!

 

[Savij]

Originally posted by: dainthomas
People who have a large portion of their portfolio in one company are noobs.

Bill Gates: Ultranoob

 

[Appledrop]

Originally posted by: dainthomas
People who have a large portion of their portfolio in one company are noobs.

why sure its more risky but potential for higher than average gains id imaginee

 

[sdifox]

So tomorrow it's going to drop like a rock.

 

[Gibson486]

Originally posted by: Savij

Originally posted by: dainthomas
People who have a large portion of their portfolio in one company are noobs.

Bill Gates: Ultranoob

how so? It's his company. that said MS has millions invested in other companies.

 

[Gibson486]

50%??? So, you bought a $1 and now its at $1.50?

 

[nakedfrog]

Originally posted by: mugs

Originally posted by: Phokus
I bet it quadruples in value after he sells it.

This year, I invested in pumpkins. They've been going up the whole month of October and I got a feeling they're going to peak right around January. Then, bang! That's when I'll cash in.

mugs, I keep telling you that you have to sell them BEFORE Halloween.

 

[dainthomas]

Originally posted by: QuaziK

Originally posted by: dainthomas
People who have a large portion of their portfolio in one company are noobs.

why sure its more risky but potential for higher than average gains id imaginee

I work with people who lost hundreds of thousands in Enron stock (for many their whole retirement). You can go from megabucks to birdcage liner in a heartbeat.

Diversity is the only way to go.

 

[thejnaitor]

I'm rich, biatch!

 

[rh71]

Originally posted by: ahurtt
You aren't rich until you actually sell it. Until then you're only rich on paper.

I love when people who are losing in the stock market claim they're not losing anything until they sell. Stocks = gambling, not investing. Stop trying to make yourself feel better about it.

 

[JS80]

DOCX?

 

[LS20]

mine went up 60% for the last 6-month term (realized - i sold it)

10 days later it shot up 10 more points 🙁 🙁 🙁

 

[vi edit]

Originally posted by: dainthomas

Originally posted by: QuaziK

Originally posted by: dainthomas
People who have a large portion of their portfolio in one company are noobs.

why sure its more risky but potential for higher than average gains id imaginee

I work with people who lost hundreds of thousands in Enron stock (for many their whole retirement). You can go from megabucks to birdcage liner in a heartbeat.

Diversity is the only way to go.

Depends on the company. A previous employer I worked at did profit sharing and company matches in company stock. It's free money from the employer. Who's going to turn it down?

 

[GrantMeThePower]

congrats?