How to turn $9,500 into $550,000+

[krisbarry]

Probably more apt.

It is I beleive more than possible.

In the Last 2 yrs there have been 138 stocks which have increased 1000% or more at sometime over the previous 5 yrs.

How many I wonder using Fundamental/Technical or Both got one or more of these for the full 1000% plus?

Brilliantly put Tech/a....there we go...138 examples of stocks to buy and hold and sit on your hands...with no effort required.

Imagine the amount of holders we have on each of those 138 stocks, simply buying and holding and sitting on their hands. Possibly hundreds of thousands of people making squillions of dollars and most of them have never ever had to buy a piece of software, attend a seminar, buy a book, look at a chart, study a theory etc etc.

You see their might be millions and millions of people worldwide doing this same thing each and everyday...the buy and hold technique. I call it the set and forget technique.

is it profitable.....you bet it is!

 

[dj_420]

Brilliantly put Tech/a....there we go...138 examples of stocks to buy and hold and sit on your hands...with no effort required.

Imagine the amount of holders we have on each of those 138 stocks, simply buying and holding and sitting on their hands. Possibly hundreds of thousands of people making squillions of dollars and most of them have never ever had to buy a piece of software, attend a seminar, buy a book, look at a chart, study a theory etc etc.

You see their might be millions and millions of people worldwide doing this same thing each and everyday...the buy and hold technique. I call it the set and forget technique.

is it profitable.....you bet it is!

yes BUT to have been on those stocks they would have performed some sort of ANALYSIS not just thrown a dart at a dart board. FFS!

be it TA or FA, no one is just going to throw money away.

maybe you are still not thinking straight from selling FMG at 50 cents! lol

 

[Magdoran]

Brilliantly put Tech/a....there we go...138 examples of stocks to buy and hold and sit on your hands...with no effort required.

Imagine the amount of holders we have on each of those 138 stocks, simply buying and holding and sitting on their hands. Possibly hundreds of thousands of people making squillions of dollars and most of them have never ever had to buy a piece of software, attend a seminar, buy a book, look at a chart, study a theory etc etc.

You see their might be millions and millions of people worldwide doing this same thing each and everyday...the buy and hold technique. I call it the set and forget technique.

is it profitable.....you bet it is!

I’m a convert STC!


Please post your list of future 1000%ers (optionable versions would be really great too or at least CFD/future/margin/warrant capable so we can make that 100,000% returns in stead, with NO EFFORT! I love it), compete with entry price and time, and exit price and time thanks.

No risk, guaranteed 100,000% returns – “roll up roll up!!!” Let’s all become instant gazillionaires using the patented STC “wishing well”!!!

Everyone will become fabulously rich instantly. Wow, why ever did we spend years studying the market when all you have to do is wish on STC’s star, and add Daffy’s magic. Voila! Hey presto! And become an instant Gates/Murdoch with absolutely no effort!!!

Just fire up STC’s crystal ball, say the magic words “I feel lucky, MAKE MY DAY!!!”

Where do I sign? (The “secret” will only cost us mere mortals a “modest” investment, won’t it?).


Yup, and I believe in Santa Claus and the Easter bunny too, not to mention UFO’s, the Earth is flat, night is day, day is night, ignorance is strength, and that Holt boarded a Russian Sub.


PURE FANTASY. – Anyone seen this kind of thing before? Like those “seminars” where everyone can make an easy fortune – seems too good to be true – and often is.

 

[motorway]

Brilliantly put Tech/a....there we go...138 examples of stocks to buy and hold and sit on your hands...with no effort required.

Imagine the amount of holders we have on each of those 138 stocks, simply buying and holding and sitting on their hands. Possibly hundreds of thousands of people making squillions of dollars and most of them have never ever had to buy a piece of software, attend a seminar, buy a book, look at a chart, study a theory etc etc.

You see their might be millions and millions of people worldwide doing this same thing each and everyday...the buy and hold technique. I call it the set and forget technique.

is it profitable.....you bet it is!

Granted those stocks were great buys
If you did buy them
But hold?? How long

I agree many do not let profits accrue to maximum extent
because of exits that are too narrowly defined .


So yes Buy ,,,, But what and when ?

and hold ,,, But how long ??

All resolves back to some sort of analysis...

motorway

 

[tech/a]

Well if we take the same period 5 yrs and those that have made 1000% + within the last Month that list shrinks to 67 still a sizable number.
If we then look at that number relative to purely Resouce stocks then the odds become sizable.I dont know how many resourse stocks there are but say
600 that 10%

Security Name Column A Ticker Symbol Folder
ALLEGIANCE MNNG 1.0000 AGM C:\My Databases\MetaStock\ASX\A0
ALLIANCE RSRCS 1.0000 AGS C:\My Databases\MetaStock\ASX\A0
ANVIL MINING 1.0000 AVL C:\My Databases\MetaStock\ASX\A0
AQUILA RESOURCES 1.0000 AQA C:\My Databases\MetaStock\ASX\A0
ARAFURA RSRC LTD 1.0000 ARU C:\My Databases\MetaStock\ASX\A0
ARROW ENERGY NL 1.0000 AOE C:\My Databases\MetaStock\ASX\A0
AUSRON LIMITED 1.0000 AUX C:\My Databases\MetaStock\ASX\A0
AUSTRALIAN MNNG 1.0000 AUM C:\My Databases\MetaStock\ASX\A0
AVOCA RESOURCES 1.0000 AVO C:\My Databases\MetaStock\ASX\A0
BOLNISI GOLD NL 1.0000 BSG C:\My Databases\MetaStock\ASX\B0
COMPASS RSRCS 1.0000 CMR C:\My Databases\MetaStock\ASX\C0
COPPERCO LIMITED 1.0000 CUODA C:\My Databases\MetaStock\ASX\C0
CP1 LIMITED 1.0000 CPK C:\My Databases\MetaStock\ASX\C0
CROMWELL DEF SET 1.0000 CMWDA C:\My Databases\MetaStock\ASX\C0
CROMWELL STAPLED 1.0000 CMW C:\My Databases\MetaStock\ASX\C0
CTI LOGISTICS 1.0000 CLX C:\My Databases\MetaStock\ASX\C0
CUDECO LIMITED 1.0000 CDU C:\My Databases\MetaStock\ASX\C0
DLMTRX INTRNT 1.0000 DMXDA C:\My Databases\MetaStock\ASX\D0
EASYCALL INTRNT 1.0000 EZY C:\My Databases\MetaStock\ASX\E0
EMITCH LIMITED 1.0000 EMI C:\My Databases\MetaStock\ASX\E0
ENERGY WORLD C 1.0000 EWC C:\My Databases\MetaStock\ASX\E0
EUROPEAN GAS 1.0000 EPG C:\My Databases\MetaStock\ASX\E0
EXCALIBUR MINING 1.0000 EXM C:\My Databases\MetaStock\ASX\E0
FRTSC MTLS GRP 1.0000 FMG C:\My Databases\MetaStock\ASX\F0
GLOBAL TLVSN 1.0000 GTV C:\My Databases\MetaStock\ASX\G0
GME RESOURCES L 1.0000 GME C:\My Databases\MetaStock\ASX\G0
GOLDEN STATE RES 1.0000 GDNDA C:\My Databases\MetaStock\ASX\G0
GPS ONLINE LMTD 1.0000 GPO C:\My Databases\MetaStock\ASX\G0
IMDEX LIMITED 1.0000 IMD C:\My Databases\MetaStock\ASX\I0
INDUSTREA LMTD 1.0000 IDL C:\My Databases\MetaStock\ASX\I0
INTGRTD INV GR 1.0000 IIG C:\My Databases\MetaStock\ASX\I0
JINDALEE RSRCS 1.0000 JRL C:\My Databases\MetaStock\ASX\J0
KINGS MINERALS N 1.0000 KMN C:\My Databases\MetaStock\ASX\K0
LINDIAN RSRCS 1.0000 LIN C:\My Databases\MetaStock\ASX\L0
LION ENERGY LMTD 1.0000 LIODC C:\My Databases\MetaStock\ASX\L0
MARION ENERGY 1.0000 MAE C:\My Databases\MetaStock\ASX\M0
MITCHELL CMMNTC 1.0000 MCU C:\My Databases\MetaStock\ASX\M0
MOTO GOLDMINES 1.0000 MTO C:\My Databases\MetaStock\ASX\M0
NEPTUNE MARINE 1.0000 NMS C:\My Databases\MetaStock\ASX\N0
NIAGARA MINING 1.0000 NIA C:\My Databases\MetaStock\ASX\N0
NIDO PETROLEUM 1.0000 NDO C:\My Databases\MetaStock\ASX\N0
PACIFIC ENERGY 1.0000 PEA C:\My Databases\MetaStock\ASX\P0
PALADIN RSRCS 1.0000 PDN C:\My Databases\MetaStock\ASX\P0
PLATINUM ASTRL 1.0000 PLA C:\My Databases\MetaStock\ASX\P0
PRECIOUS METALS 1.0000 PMA C:\My Databases\MetaStock\ASX\P0
QLD TRUSTEES IN 1.0000 QTI C:\My Databases\MetaStock\ASX\Q0
QUEENSLAND GAS 1.0000 QGC C:\My Databases\MetaStock\ASX\Q0
RAMELIUS RSRCS 1.0000 RMS C:\My Databases\MetaStock\ASX\R0
SEE LOK.LOK 1.0000 LOKDA C:\My Databases\MetaStock\ASX\L0
SEE TWO.TWO 1.0000 TWODA C:\My Databases\MetaStock\ASX\T0
SILEX SYSTEMS 1.0000 SLX C:\My Databases\MetaStock\ASX\S0
SPHERE INVSTMNTS 1.0000 SPH C:\My Databases\MetaStock\ASX\S0
ST BARBARA LMTD 1.0000 SBM C:\My Databases\MetaStock\ASX\S0
STRIKE RESOURCES 1.0000 SRK C:\My Databases\MetaStock\ASX\S0
SUMMIT RESOURCES 1.0000 SMM C:\My Databases\MetaStock\ASX\S0
SUNDANCE RSRCS 1.0000 SDL C:\My Databases\MetaStock\ASX\S0
SUNRAYSIA TLVSN 1.0000 STV C:\My Databases\MetaStock\ASX\S0
TERRAMIN ASTRL 1.0000 TZN C:\My Databases\MetaStock\ASX\T0
UNITED OVRSS AST 1.0000 UOS C:\My Databases\MetaStock\ASX\U0
VICTORIA PTRLM 1.0000 VPEDA C:\My Databases\MetaStock\ASX\V0
VISION SYSTEMS 1.0000 VSL C:\My Databases\MetaStock\ASX\V0
VOXSON LIMITED 1.0000 VXS C:\My Databases\MetaStock\ASX\V0
WENTWORTH MUTUAL 1.0000 WWMDA C:\My Databases\MetaStock\ASX\W0
WESTGOLD RSRCS 1.0000 WGR C:\My Databases\MetaStock\ASX\W0
WHK GROUP LMTD 1.0000 WHG C:\My Databases\MetaStock\ASX\W0
WRLYPRSNS LTD 1.0000 WOR C:\My Databases\MetaStock\ASX\W0
ZINIFEX LIMITED 1.0000 ZFX C:\My Databases\MetaStock\ASX\Z0

Moggie while I agree that maximising return will require some input it is very possible a long term systems trader could get a share of these. Its also "Possible" that a random entry of a resource stock could enjoy the same.

Like wise Id like to see not only the Random stock selector but also the analyst---regardless of which type of analysis---pick one or more future 1000% winners.

While not impossible I think its more a case of try and fail often to get on one or more of these.Even harder to ride it out or enter/exit and or re enter to participate in a lengthy run---even catch an outlier move--or 2.

 

[wavepicker]

I’m a convert STC!


Please post your list of future 1000%ers (optionable versions would be really great too or at least CFD/future/margin/warrant capable so we can make that 100,000% returns in stead, with NO EFFORT! I love it), compete with entry price and time, and exit price and time thanks.

No risk, guaranteed 100,000% returns – “roll up roll up!!!” Let’s all become instant gazillionaires using the patented STC “wishing well”!!!

Everyone will become fabulously rich instantly. Wow, why ever did we spend years studying the market when all you have to do is wish on STC’s star, and add Daffy’s magic. Voila! Hey presto! And become an instant Gates/Murdoch with absolutely no effort!!!

Just fire up STC’s crystal ball, say the magic words “I feel lucky, MAKE MY DAY!!!”

Where do I sign? (The “secret” will only cost us mere mortals a “modest” investment, won’t it?).




Yup, and I believe in Santa Claus and the Easter bunny too, not to mention UFO’s, the Earth is flat, night is day, day is night, ignorance is strength, and that Holt boarded a Russian Sub.


PURE FANTASY. – Anyone seen this kind of thing before? Like those “seminars” where everyone can make an easy fortune – seems too good to be true – and often is.

Well put Mag,

you forgot one thing, they will still be holding after the next 1929 or 1987 comes, so they can get rich,all over again!!!

 

[Sean K]

Brilliantly put Tech/a....there we go...138 examples of stocks to buy and hold and sit on your hands...with no effort required.

LMAO. This is getting loopier and loopier. Can the thread please be moved to the ASF Joke Thread.

What if the dart throwing monkey had chosen the ones that went down 100%?

 

[Magdoran]

Well if we take the same period 5 yrs and those that have made 1000% + within the last Month that list shrinks to 67 still a sizable number.
If we then look at that number relative to purely Resouce stocks then the odds become sizable.I dont know how many resourse stocks there are but say
600 that 10%

...

Moggie while I agree that maximising return will require some input it is very possible a long term systems trader could get a share of these. Its also "Possible" that a random entry of a resource stock could enjoy the same.

Like wise Id like to see not only the Random stock selector but also the analyst---regardless of which type of analysis---pick one or more future 1000% winners.

While not impossible I think its more a case of try and fail often to get on one or more of these.Even harder to ride it out or enter/exit and or re enter to participate in a lengthy run---even catch an outlier move--or 2.

Now that is an entirely different proposition from the one ventured, and much more plausible from a positive expectancy stand point, as you well know.

I just think a modicum of responsibility is required here since there are impressionable people out there that are prone to be suckered by this sort of thinking.

If you’ve been around long enough, you see rip off merchants play on this kind of naivety. That prospect sickens me to my stomach. I have a pet objection about this kind of thing. I’ve seen the effects of what this can do to people who get fleeced like the Westpoint scam. Not impressed, and not just a little feeling of outrage on their behalf.

 

[Kauri]

Its quite simple and requires very little time at all.

There is no need to spend hours drooling over charts, using all kinds of T/A, and F/A to justify why you bought what you bought.

It is as simple as a buy and hold approach, with no attention needed.

Here is the story, a true story at that of how it could have been achieved.

I bought FMG back in Aug 2004 for 64 cents, the trade took me about 10 minutes to complete, after reading the announcement etc. Of course I sold out 2 weeks later after it had hit my stop-loss (10%). But thats not the point!

Now look at the price of FMG mid $30's and even reached $40 over the past 2weeks

You see, you can make extreme amounts of money with no effort required at all.

I could have executed that trade and never turned on the computer again for 2.5 years, then come back to see a massive account balance.

So it really does pose the question are most of us just simply wasting time mulling over hours and hours of charts, glued to a computer screen etc, when the majority of us could just buy almost any mining stock in the midst of a mining boom, and make squillions, just by being patient.



..

As the original premise was to buy without any analysis and not to turn the computer on for 2 1/2 years maybe, in the spirit of the original post, one should also look and see how many shares either went under or lost more than xx% over the same period.

 

[Magdoran]

LMAO. This is getting loopier and loopier. Can the thread please be moved to the ASF Joke Thread.

What if the dart throwing monkey had chosen the ones that went down 100%?

I second the motion. Can someone please feed the monkey a banana?

 

[Magdoran]

Actually this thread should be renamed “how to burn $550,000+ into under $9500”

 

[nizar]

Brilliantly put Tech/a....there we go...138 examples of stocks to buy and hold and sit on your hands...with no effort required.

Imagine the amount of holders we have on each of those 138 stocks, simply buying and holding and sitting on their hands. Possibly hundreds of thousands of people making squillions of dollars and most of them have never ever had to buy a piece of software, attend a seminar, buy a book, look at a chart, study a theory etc etc.

You see their might be millions and millions of people worldwide doing this same thing each and everyday...the buy and hold technique. I call it the set and forget technique.

is it profitable.....you bet it is!

Yeh but out of how many ASX stocks??

Wave, Mag, Motorway, and myself in my first few posts of this thread, are trying to teach you something.

About time to do your part -- the learning part.

 

[disarray]

138 examples of stocks to buy and hold and sit on your hands...with no effort required.

138 stocks out of 2044 ASX listed stocks isn't a very good hit rate. i'm not a gambler but 15 - 1 doesn't seem like very good odds to me.

 

[tech/a]

On the other side of the equation.

191 stocks are less than 10% of their value 5 yrs ago as of the last 21 days.

 

[nizar]

On the other side of the equation.

191 stocks are less than 10% of their value 5 yrs ago as of the last 21 days.

So there you go.
191 dogs.
138 winners.

More chance of picking a dog.

 

[tech/a]

Actually going back to something that I read from a post from someone here it was suggested you actually try to lose everything.

As stupid as it sounds.

STC
Pick 19 Resource stocks (anyway you wish,I'll call that random).
Post them here.
$500 on each being the minimum purchase ($9,500)

Let them do what they do and lets see just how hard it is to lose EVERYTHING.
On the flip side---if there is any credence to your Hypothesis.

I think there may well be a suprise over time.

Dont get me wrong I'm not saying its the best option far from it,but I do think there is a fair chance it will outperform most traders! Just a hunch.

 

[>Apocalypto<]

Dont get me wrong I'm not saying its the best option far from it,but I do think there is a fair chance it will outperform most traders! Just a hunch.

I think your right Tech

 

[Broadside]

my brother in law made over $400,000. he bought 5000 csl shares when they listed at $2.50 per share.cost $12500 to get in.Today they are approximately $90.00 dollars per share,value now $450,000.His policy is,never sell anything.he buys quality only and holds to this day.hes annoyed they dont pay fully franked dividends.he buys for the divies.he knew they were good coming from the government.He also did same with commonwealth bank and national bank.still holding.amongst others.never sell is his way buy quality.

It isn't always obvious what represents quality ahead of time. Did anyone in their wildest dreams imagine CSL would perform as it did? The government also offloaded TLS and its performance has been mixed, despite blue chip credentials. If you can buy and hold quality, that's fine, recognising it is the hard part. I don't understand the point of kris barry / stop_the_clock's post, sure we could make 5000% returns with hindsight. I think his point is just to bait those who work hard to select their stocks, it takes some work and discipline and a lot of luck to get on that stellar stock before the rise. Well, that's how I see it.

 

[tech/a]

I think his point is just to bait those who work hard to select their stocks, it takes some work and discipline and a lot of luck to get on that stellar stock before the rise. Well, that's how I see it.

Well is it work and discipline OR a lot of luck.

Moggie.
Care to put up 19 of your educated resource stock selections as well?

Of course trade them however you like to gain maximum return.

 

[Broadside]

I think his point is just to bait those who work hard to select their stocks, it takes some work and discipline and a lot of luck to get on that stellar stock before the rise. Well, that's how I see it.

Well is it work and discipline OR a lot of luck.

To get another FMG return? - not throwing a dart at a board and relying on pure luck as stop_the_clock might have us do - in addition to the hard work, I think some luck is required...but as Arnold Palmer said, the more I practice, the luckier I get.