How did you find out about this website?
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Lots of new members so I wanted to get more data...answer the poll and elaborate on this thread please. I only have 400 or so responses for 1600+ members...
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Yes, that will change. I started out about 8 years ago. I was too poor to invest anyhthing as it took all I could do to just pay the bills. My finances were a nightmare.Originally posted by sisterwin2I I cant say I have made bunches of $$$ but that is because I have little to invest. This too shall change. .
Then I decided to start contributing a small amount in the tax free investment plan that my employer offers. I started with $20 bi-weekly, which is not very much, but it gave me a start. After seeing the progress I was making, I started getting perked up and raised my deuctions to $50. That lead to $75, then $100, $150, etc.
After a few years I could really see what was happening. I was accumulating wealth. I had started dirt poor, without a dime in the bank, and here I was with a few grand in mutual funds. My enthusiasm grew and I continued investing in mutual funds for the next few years.
After about 5 or so years, my enthusiasm started to wain. I noticed that the funds that I invested in were not really making me much profit. most of my balance was from my contributions and not from actual profits in the market. I was becoming disillusioned. The funds sucked.
Then, a light flashed in my head. What if I took control of my own money? I could do better than those funds did. I thought to myself, "Screw the mutual funds!".
I spent every waking hour pondering the possiblities. I could trade stocks and make a fortune. Yes... I could do it!
I then started making a plan of action. I didn't have time to waste and jumped in head first. Afterall, I was too naive to realize that I could lose my a-- in the market. I was sure that I would prosper.
I went to the book store and bought every book I could find. I read William Oneils and Stan Wiensteins books, plus a few others. Then, I got a subscription to IBD.
So, I opened my account and made my first trade. I bought 50 shares of GES. I sold it a few weeks later for a small profit. I bought a few others and made some more money. Then I bought a few losers, but I cut my losses short.
I actually watched my portfoio shrink for the first half of the year, which was a little discouraging, but Im stubborn. I wouldn't give up. I learned from my mistakes and forged on. Then I watched as my account went from red to black. I was doing it. I was making money. I profited 11% that first year.
Along the way, I obtained my Vulcan identity and stumbled upon Mr Market and his forum through the IBD boards. I also learned that Canslim didn't work so well, but I met many great folks who have helped me become a better trader.
It must have all paid off, because, I closed the year with a 31.5% gain. I don't know of too many mutual funds that did the same.
Since the time that I first started my savings plan, my personal income and contributions to my accounts have increased significanty. I am not as poor as I used to be. I've gotten a little greyer and have become better looking. Live is better than ever. My health is great, i have a great family and my wealth is growing.
Sure, I've had my share of tragedies, but that's all part of life. I'm going to win this game called life. That's what this is. A game. A test. Who wants to improve themselves? Who wants to pass that test? Who has what it takes?
I do!
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Guest repliedDena,
If they're following you they might be looking for or at something other than your stock picks.
__________________
skiracer
My Mamma always said...."use what u got baby cuz I aint leaving u nuttin"
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Dena,Originally posted by sisterwin2I just stumbled onto the site one day.. I was reading aol's site but really hated the B.S that came along with it. I lurked around for a while then finally joined so I could ask some question. To my supprize, I recieved answers immed. What I love about the site is that I can ask questions and not feel silly.
I like the arms on MM but would not want them for myself. I cant say I have made bunches of $$$ but that is because I have little to invest. This too shall change. I have learn more then I bargained for and I love the folks here. I have been able to fine tune my plan with the help of many here. I have dreams of leaning how to buy options, short stocks, etc. I believe I stumble onto a gold mine and plan to become a active member. I must first learn to thank those who take the time to wish me Happy B-day.... I swear, the nerve of some peoples children. THANK YOU IIC
Most of all, some think I look good in a swim suit or should I say watch. For my age that will always be a big Plus.
If they're following you they might be looking for or at something other than your stock picks.
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Guest repliedI just stumbled onto the site one day.. I was reading aol's site but really hated the B.S that came along with it. I lurked around for a while then finally joined so I could ask some question. To my supprize, I recieved answers immed. What I love about the site is that I can ask questions and not feel silly.
I like the arms on MM but would not want them for myself. I cant say I have made bunches of $$$ but that is because I have little to invest. This too shall change. I have learn more then I bargained for and I love the folks here. I have been able to fine tune my plan with the help of many here. I have dreams of leaning how to buy options, short stocks, etc. I believe I stumble onto a gold mine and plan to become a active member. I must first learn to thank those who take the time to wish me Happy B-day.... I swear, the nerve of some peoples children. THANK YOU IIC
Most of all, some think I look good in a swim suit or should I say watch. For my age that will always be a big Plus.
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we have 1500 members and only 428 responses...I'd like to see more
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bump for the new members...please answer the poll, and add comments. This is very helpful to me.
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Mr Market I like Your Style
Mr M your picks are very conservative and give some stability to my portfolio. Also your stock analyses are fun to read and very informative.Thanx for performing a great service for all.......bless you!
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We're glad you did also.Originally posted by alice4321usBut I am glad that I did..
Welcome!
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Guest repliedI liked this site before, but now that the "Master Trader" add on the right has been added, I just can't stay away
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Guest repliedI learned about this site via the IBD forums and preferred this one to that particular forum.
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