I am looking for a relatively safe and realistic way of earning 10-20% monthly on my investments. Any ideas?
Posted on Apr 04, 2008 under investment |I am not opposed to investing in stocks, options or commodities. Also, I would prefer an answer from someone who is currently doing this.
Thank you for any help and guidance you can provide!
April 4th, 2008 at 7:47 am
if you want to invest in stocks, go to stocksquest.com and try and play a game there. Its just like real life, except you use fake money. Once you get an idea on how stocks work, you can play in real life
April 4th, 2008 at 7:47 am
You are asking a bit too much. 20% a month is a bit stretching it, without knowledge. You can have the money to invest, but not the skills. You most likely need both in order to compete with everybody else makking that much or less, with more skills then you. But, I am currently doing it. as a matter of fact, I make as much as 50 to 60% each week. On some items, as much as 2X's to over 10X's my money back. It may sound awesome and u want to throw all your money in it, but its not all that glamorous. I invest in rare coins. I am a professional coin dealer. Its not something that you keep there for like 10 years and look at it appreciate, and find that you made 50% every month or something. Its almost instant because I know what I am looking for. If you know nothing of coins, you would have to start small, but safe. I would suggest you buy from the government and let it appreciate. Usually takes a little less then a year to a little over a year. This is because new coins come out next year and so, you have to wait at least a year before the old ones are discontinued and go up in value. If they sell out fast, then their values go up before the years over. these about 99.9 percent of the time never go down in value. They always go up. My job, I go and get what I see is profitable and buy it. You want to throw all your money in, but there arent enough things to buy. I probably throw about 3k a week. At most 3.5k. Minimum is probably about 1500. I mean, you can only buy soo many things that will profit for you. the guy in the coin store knows about pricing and stuff. the thing is, i have alot more experience then those 35 year veterans of the hobby. so, you really have to be experienced to be making 35%-75% a week. I just finished writing a book on how to do it. I havent copyrighted it. I will in about 2 weeks. if you wanna check back, just email me.
April 4th, 2008 at 7:47 am
If you wish to invest in stocks, study FA (Fundamental Analysis) to determine the financial qualities of a company and TA (Technical Analysis) to determine investor sentiment about the company. Investopedia.com has a wealth of information including a dictonary for terms and acronyms and tutorials to get started. Do your own Due Diligence and invest only in companies you thoroughly understand. Invest only money you can afford to lose, not rent and food money. Never stop learning about the stock market and you may gain 10-20% monthly; or lose even more. Good luck. Bye the way, you can set up your stock portfolio and follow it under Yahoo Finance and even create a dummy portfolio to "paper trade" stocks without using real money until you learn the ropes. But the best lessons will come from using real money. Always analyze good and bad trades to learn even more. Best of luck.