I've been seeing posts on other forums claiming gains of anywhere from 200% to 600% last year and thought why can't we all get in on this. The good news is we can. Here are some methods of achieving your goals.
1. only count stocks bought and sold Jan.1st - Dec. 31st. This is the most difficult method and not recommended.
2. count value of your holdings on Jan.1st even if they tanked previous year and you held.If they come back strongly you may show a great return without actually making money.
3.count value of stocks held at years end if price is up. Don't count value of stocks held at years end if price is down, because you haven't sold yet.
4. If stock is a winner from previous year and sold this year count all profits, if stock is a loser , but purchased previous year don't mess up your gains by counting it as current year loser.
5. if all your stocks are losers and you continue to hold them you have had a decent year and haven't lost a penny.
Please feel free to add to my list. With everyone pitching in we can all gain big in 2005.
billyjoe
1. only count stocks bought and sold Jan.1st - Dec. 31st. This is the most difficult method and not recommended.
2. count value of your holdings on Jan.1st even if they tanked previous year and you held.If they come back strongly you may show a great return without actually making money.
3.count value of stocks held at years end if price is up. Don't count value of stocks held at years end if price is down, because you haven't sold yet.
4. If stock is a winner from previous year and sold this year count all profits, if stock is a loser , but purchased previous year don't mess up your gains by counting it as current year loser.
5. if all your stocks are losers and you continue to hold them you have had a decent year and haven't lost a penny.
Please feel free to add to my list. With everyone pitching in we can all gain big in 2005.
billyjoe
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