What did your investments return this year?
- Thread starter stang
- Start date
pleased
Try -24%
Now I can't get it tonight. Going to have to try some sweet lines on some drunk girls.
Try -24%
Now I can't get it tonight. Going to have to try some sweet lines on some drunk girls.
I guess I wasn't the only one eager to figure out the year end relults after the markets closed on Friday.
I managed to get 43%. I hope to do better next year.
I managed to get 43%. I hope to do better next year.
I had a *very* bad year -- I was holding on to a few "sure things" when someone informed me that they no longer offer returns on the bottles I've been keeping under my kitchen sink.
:-(
..c..
:-(
..c..
There's a new mentality in investing now, this is why I believe you're seeing more volatile or varied returns among investors. Up until the 911 fraud wasn't as exposed, investors generally felt there were enough quality investments available and would hold them longer term. Now to win requires more speculation. For example, some investors know many business trusts are bad but invest in them anyway believing there are enough fools to create a pop after the IPO. Don't feel bad if you didn't make much money, better to lose a little to taxes and inflation each year than get ripped off. I can tell you that anybody who did more than 30% has a very high risk profile and will suffer the consequences if they don't take profits. In my opinion it's not worth the risk investing in the stock market now where prices are high and many companies manipulate their books. Wait till the downturn. There will be a dramatic correction again because so many investors are gullible. I predict 2006 could see one of the worst capital markets downturns in history.
I heard someone say the market does what you don't expect. I've heard people say use a system. Sure there are basic rules to follow, but I think it's risky to stick to a pattern. The professional traders change their tactics when others catch on to the latest money making idea. A lot of investors get burned, like those who held Nortel, if they hold on too long. At some point you have to sell, cut your losses or take profits.Ryan said:+23% Get into the market, get a system and stick with it for the long haul.
The difference is the focus on short or long term.Weekly said:I heard someone say the market does what you don't expect. I've heard people say use a system. Sure there are basic rules to follow, but I think it's risky to stick to a pattern. The professional traders change their tactics when others catch on to the latest money making idea. A lot of investors get burned, like those who held Nortel, if they hold on too long. At some point you have to sell, cut your losses or take profits.
You're right in thinking that the bigs guys are reactive and act differently based on each situation, this can lead to high short-term gains (which is why they're big guys). My position has been that the best the little guy can do is stick to his guns on a particular strategy, this usually results in good returns, but only in the long run.
There are multi-millionaires who can't play the short game effectively, what makes me think I could?
Ryan
pot of gold.
There is only one system--it's called, --take the profit--.Blue chips are dead and gone,a long time ago.The Market(what ever that means to you) changes all the time.To buy,and sit back,is a suckers game.Take the damned PROFIT!!!
Only the Last Tick on the Chart is REAL.
There is only one system--it's called, --take the profit--.Blue chips are dead and gone,a long time ago.The Market(what ever that means to you) changes all the time.To buy,and sit back,is a suckers game.Take the damned PROFIT!!!
Only the Last Tick on the Chart is REAL.
