wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,966
- Reactions
- 13,275
tuco said:
Notwithstanding the benefits of property, trading can do as good or better as some here can attest.
tuco said:Here's my hot tip - property.
Shares are an hobby.
Even with all the stamp duty and associated fees I've made way more with property than shares.
Our home has tripled in price which is good because we own it, not the bank.
One of our units has gone from $138,000 to $300,000 in six years. It'll be water front soon if the global warming continues.I'd like to meet the person who can make $162,000 from shares in six years!
Imagine the capital needed to do that.
Imagine the lack of sleep having that much invested in shares.
Image the research needed.
Ok. Best of luck with it then.tuco said:No. I've been doing it off and on for years. I only do it when I have some spare time.
I've made about $9k 06/07. Most of that since putting more time into it over the last month.
Every time I get into it I wonder why I don't get into it on a more regular basis.
I don't need to work but it keeps me busy during the day. Trading is more of a hobby, if I we need some extra cash then I do some trading.
for someone who claims to have made 7% in the last month from shares, that is quite an odd statement to maketuco said:I'd like to meet the person who can make $162,000 from shares in six years!
Imagine the capital needed to do that.
Imagine the lack of sleep having that much invested in shares.
Image the research needed.
wayneL said:Notwithstanding the benefits of property, trading can do as good or better as some here can attest.
tuco said:No doubt that's also very true but I enjoy the lack of work load required with property and the rental income which comes with it.
At 44 I've achieved my 30 year goal of 7 digit worth so I'm happy to sit back and take it easy.
tuco said:I'd like to meet the person who can make $162,000 from shares in six years!
Imagine the capital needed to do that.
Imagine the lack of sleep having that much invested in shares.
Image the research needed.
Next stop.....mountain cave and incence. :bowdown:It's Snake Pliskin said:Once again your comments display your weaknesses.
Wysiwyg said:Next stop.....mountain cave and incence. :bowdown:
If you can talk about it,wayneL said:I like Snakes one liners... very Tao
professor_frink said:If you can talk about it,
It aint Tao
wayneL said:I like Snakes one liners... very Tao
professor_frink said:If you can talk about it,
It aint Tao
wayneL said:Ah yes, the dichotomy and enigma of the Tao.
"Those who know little, speak much
Those who know much, speak little."
*as Lao Tzu writes 81 verses on the topic lol
I suppose it is a lot less verbose than say the bible or koran... all relative I guess.
At over 3000 posts, I guess I better shut up then! hahah
wayneL said:Ah yes, the dichotomy and enigma of the Tao.
"Those who know little, speak much
Those who know much, speak little."
*as Lao Tzu writes 81 verses on the topic lol
I suppose it is a lot less verbose than say the bible or koran... all relative I guess.
At over 3000 posts, I guess I better shut up then! hahah
wayneL said:We're all happy for you. So how long is it, so we can all compare?
spitrader1 said:LHG, for the moment has somewhat decoupled from the gold price. I bought in at 2.75, only to watch gold rally approx 30 bucks and the stock move up to 2.80. I would be carefull doing this with LHG.
tuco said:What's a $60 brokerage fee (buy and sell) when you make $1000+ in a trade?
I'm happy, it's a tax deduction.
Even in smaller trades a few hundred profit is a few hundred more than I had a few hours earlier. Call me Mr glass half full.
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