[ppanwar]

Hi,

The newwallstreet is very inormation website. I will keep checking it. Well, I missed out of oil opportunity. My friend purchased when it was $35 a barrel, now its over $60.

[AnthonyT]

Originally Posted by joshw

10% gains in the market every two months isn't just unrealistic, it's absurd.

It may be quite uncommon to keep gaining at that pace, but it can be done. In October of this year I entered a stock market competition where we invested fake dollars in a mock of the stock market. I was competing against other highschool students across Ontario. The average was about a 10% gain over a two month period. The winner, was able to make a gain of over 1500% in this period .

But then again, we had $100 000 to start off with so it was easier for us to diversify, and since we were dealing with fake dollars taking extreme risks wasn't a big deal..

[AnthonyT]

Oh, and for anyone who wants to take their chances in the stock market, I highly recommend reading The Warren Buffett Way.

[JustOneUK]

just so you don't go getting too excited about just diving into the Nasdaq with your life savings...

I lost $44k, so buy carefully

[adamg]

I bought some shares in sunderland afc football club in england. Lost a bit of money. I dont think shares are worth buying unless u hold onto them for 10 year or more.

[speculative]

I am 20 years old and a keen value investor. In my experience too many people get into shares when they don't fully understand them. They have a bad experience and this then marrs their attitude towards shares for life. Too many people tell me "be careful uncle fred / my parents / my grandparents lost a lot of money on the stockmarket". If you have all of your eggs in the one basket and don't truly understand the market then there is always the risk of that.

You should never invest in shares until, at a minimum, you understand the relationship between risk and return and how diversification can reduce unsystematic risk, but not systematic risk.

An accounting knowledge is helpful too for analysing reports. I advise anyone out there considering share investment to get educated about the share market and investing in general before starting.

Many happy returns

I acknowledge I am probably preaching to the converted