boom or bust, page-79

  1. 3,201 Posts.
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    Stevie

    Most here are 'suggesting' you be a little conservative with this money....most of us are not in uni, so may have some wisdom to save you some pain...

    Its probably very tempting to sit in a boring class at uni on a cold Tuesday with a calculator and punch in 1,000,000 NWE shares x a dolla fiddy = Holy crap, I can retire at 30...Not likely dude. To me this whole dolla fiddy is pie in the sky.

    Get some "expert" advice and I bet you that $30k they dont tell you to invest it all in NWE. Try a bank or TLS with a DRP, then set and forget.

    If you like NWE for a risk/reward play, get another part time job and buy 50,000 or 100,000 lots as you become flush.

    With the calculator scenario, I'd also try punching 1,000,000 NWE shares x $0 to see what could also happen to your $30k.
 
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