NWE 0.00% 5.6¢ norwest energy nl

boom or bust, page-89

  1. tui
    6,119 Posts.
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    Well done Stevie. Brokers will get you broke.

    One thing that could serve you well is to invest the cash with a Directbroking Aussie account earning interest and then wait until a 'world' crash comes along. There will be some sort of calamity coming along within a few months.

    Wait until you see it on the front pages and then wait a few days. These sort of events almost always cause an over reaction. Choose a ASX 200 stock that has really been beaten up but which has a good story and is an uptrend.

    I have always wanted to do this but never had the cash.

    Do heaps of research and give it a go. Perhaps just start with $10k, get a feel for it and then go higher.

    You might want to grab a few NWE at these levels but it is best if you do your own research and say pick a couple of ASX200 plays that you like. Then it is all your idea and no one else's.

    Good luck. Let us know how you get on from time to time.
 
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