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  • peanuts
    Senior Member
    • Feb 2006
    • 3365

    Originally posted by StkyTreat View Post
    Hey I have $200 that I was considering investing in a mutual fund. I researched most funds and majority of the minimum initial deposit are extremely high...
    Sticky, forget the mutual fund. You'll never make any really good money with them. You're young now, so that $200 can seem like a solid amount of money today, but you'll be able to make that much money very quickly when you have a job. Take on extra risk when you are young, because you'll have longer to recoup any losses than say, a retiree, a 30 something married homeowner with 2 kids, a struggling college student, etc. Take advantage of this and invest in something that takes on a little more risk than a mutual fund. It's smart to think of mutual funds as a "safe" place for your money, but if want to really do well, take some chances. Try an ETF or stock in a big growth company like MSFT or JNJ that pay dividends. Re-invest your dividends, dude.

    Good luck
    Hide not your talents.
    They for use were made.
    What's a sundial in the shade?

    - Benjamin Franklin

    Comment


    • Originally posted by IIC View Post
      Welcome...Hey, Can I get a loan?

      But I'm just joking about you buying it...But, seriously...You may want to diversify a bit...Best...Doug(IIC)

      Doug...brk is already diversified and pays a dividend to boot. The kid would be well advised to never sell it. I still remember the idiots from the 90's on the aol board that used to make fun of warren because he didn't invest in the internet bubble....that bubble turned out to be a fart in a mud puddle.

      Comment


      • Originally posted by skiracer View Post
        I gave back a good portion of those gains on that pullback on Friday.
        I'm still holding it and will let it go back to my entry at $5.40 and then exit the trade if it goes that way. But I think that this week will be a nice week for it. Thanks and great play last week with the POTW win.
        hsoa is fundamentally a short IMO. Of course its been shorted to death at this point so waiting for a better price is a good idea.
        Last edited by Karel; 09-26-2006, 06:50 AM. Reason: Quote repaired

        Comment


        • Originally posted by StkyTreat View Post
          Hey I have $200 that I was considering investing in a mutual fund. I researched most funds and majority of the minimum initial deposit are extremely high.

          I found two funds Large-Cap Value (TCLCX) and Small-Cap Equity (TCSEX). Both with a minimum initial deposit of $50 to open, it’s within my price range.

          TCLCX has a 9.91% YTD return and 19.59% since inception.
          TCSEX has a 7.49% “ “ 20.82% “ “.

          Both funds have three stars or more rating from Morningstar but the funds moves pennies each trading day, not exciting but steady. Any thoughts anyone?

          My thoughts are that you are not a high school student but someone playing little games....I say this because your writing style is nothing like a high school student's.

          Comment

          • billyjoe
            Senior Member
            • Nov 2003
            • 9014

            Originally posted by Tatnic View Post
            My thoughts are that you are not a high school student but someone playing little games....I say this because your writing style is nothing like a high school student's.
            Tatnic,

            My thoughts exactly. Every so often he mentions what his mother told him , but all in all I suspect something's fishy. That's entertainment.

            -------------billyjoe

            Comment

            • IIC
              Senior Member
              • Nov 2003
              • 14938

              Originally posted by Tatnic View Post
              My thoughts are that you are not a high school student but someone playing little games....I say this because your writing style is nothing like a high school student's.

              Oh great...I recommend that we all go thru backround checks to prove we are who we say we are...IIC

              PS: But first I'll confess...I'm not really 53...I'm only 23 (Age is a state of mind anyway)
              "Trade What Is Happening...Not What You Think Is Gonna Happen"

              Find Tomorrow's Winners At SharpTraders.com

              Follow Me On Twitter

              Comment

              • skiracer
                Senior Member
                • Dec 2004
                • 6314

                Originally posted by billyjoe View Post
                Tatnic,

                My thoughts exactly. Every so often he mentions what his mother told him , but all in all I suspect something's fishy. That's entertainment.

                -------------billyjoe
                If he is bullshitting us and playing some weird game with us and his own head then he's sick. But I don't think Stky is anything other than who he said he is.
                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                Comment


                • Originally posted by IIC View Post
                  PS: But first I'll confess...I'm not really 53...I'm only 23 (Age is a state of mind anyway)
                  Groucho Marx: "You're as young as the woman you feel."

                  Comment

                  • skiracer
                    Senior Member
                    • Dec 2004
                    • 6314

                    [quote=Tatnic;65399]
                    Originally posted by skiracer View Post
                    I gave back a good portion of those gains on that pullback on Friday.
                    I'm still holding it and will let it go back to my entry at $5.40 and then exit the trade if it goes that way. But I think that this week will be a nice week for it. Thanks and great play last week with the POTW win.
                    [b]

                    hsoa is fundamentally a short IMO. Of course its been shorted to death at this point so waiting for a better price is a good idea.
                    You might be right.
                    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                    Comment

                    • Websman
                      Senior Member
                      • Apr 2004
                      • 5545

                      I'm not really a Vulcan...but I did play one on TV....

                      Comment

                      • IIC
                        Senior Member
                        • Nov 2003
                        • 14938

                        Tatnic...Please don't tell me that Lou and Lye are really the same person
                        "Trade What Is Happening...Not What You Think Is Gonna Happen"

                        Find Tomorrow's Winners At SharpTraders.com

                        Follow Me On Twitter

                        Comment


                        • Originally posted by IIC View Post
                          Tatnic...Please don't tell me that Lou and Lye are really the same person
                          The theological implications are staggering....

                          Comment

                          • Lyehopper
                            Senior Member
                            • Jan 2004
                            • 3678

                            Originally posted by DSteckler View Post
                            The theological implications are staggering....
                            SsSsSsSsssss! Should I post a sexy picture of myself now or wait a while?
                            BEEF!... it's whats for dinner!

                            Comment


                            • Originally posted by Lyehopper View Post
                              SsSsSsSsssss! Should I post a sexy picture of myself now or wait a while?
                              Urrrp! There goes breakfast....

                              Comment

                              • skiracer
                                Senior Member
                                • Dec 2004
                                • 6314

                                Originally posted by Lyehopper View Post
                                SsSsSsSsssss! Should I post a sexy picture of myself now or wait a while?
                                Yes, in your speedo bathing suit please!!
                                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                                Comment

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