Agreed. Its easy to say you sold a dog and bought a supermodel. I did that. I just won't tell you that I also own a whole kennel, and so does jdhd.
As for the students - get real, kiddies. Your money is tight, and the stock market looks like a great place to play so you can get some spare cash, but really, you know SFA about SFA. I know I did when I was in uni, studying enviro. Ha, what a joke. Thought that because I scored 5th top in my school or whatever, it meant I was a bulletproof invincible superman in all fields.
How I have learnt. To the tune of $40K in the last 5 months alone. So yeah, DYOR, which I would suggests means go away, nurse your wounds, and wait until everyone has stopped talking about the economy and then buy. The only reason everyone's talking about shares now is because they are, on average, losing money.
JDHD and others can carry on about their rare wins, but don't believe anyone when they say they've done well out of this. Even Warren Buffet has stocks "in the bottom drawer". And if he never sells, he never makes a loss and the Berkshire Hathaway legend only grows.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 1400000 | 0.010 |
3 | 636111 | 0.009 |
2 | 562620 | 0.008 |
5 | 975102 | 0.007 |
Price($) | Vol. | No. |
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0.013 | 1300000 | 3 |
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