Also read this thread and there are some others out there...

I agree with the others, start small and don't expect to not take some hits. They help you learn.

Heh, I remember thinking what a dumb move it was for me to buy Lulemon ages ago only to have it drop over 75%...and now it's recovered, I'm glad I didn't bail but I'm surprised it recovered the way it did.

___________________

"In a world of illusion you only see what you feel"

quote:

Originally posted by Swamper Also read this thread and there are some others out there... I agree with the others, start small and don't expect to not take some hits. They help you learn. Heh, I remember thinking what a dumb move it was for me to buy Lulemon ages ago only to have it drop over 75%...and now it's recovered, I'm glad I didn't bail but I'm surprised it recovered the way it did.

I don't know too many non speculative stocks that have increased 1000% (from $4 to 44) in essentially the last year. It is an incredible story (that investors are paying a lot for at current levels, unfortunately).

quote:

Originally posted by *~LiSa-LoO~* Any tips for first timers?

high yield bonds etfs

low fees, steady income (at about 3x the inflation rate), and most importantly you won't lose any sleep or suffer from insomnia/depression

quote:

Originally posted by Skipper I don't know too many non speculative stocks that have increased 1000% (from $4 to 44) in essentially the last year. It is an incredible story (that investors are paying a lot for at current levels, unfortunately).

I just checked with Google Finance, there was only 20 stocks that went up 1000% in 52 weeks.

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Originally posted by jester I just checked with Google Finance, there was only 20 stocks that went up 1000% in 52 weeks.

Nice - what kind of stocks were they? I guess I could just run the query myself...

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Originally posted by Skipper Nice - what kind of stocks were they? I guess I could just run the query myself...

That I am not sure :/

if you put your money in basically anything in april, you were pretty much guaranteed a 100% gain.

quote:

Originally posted by Nrg2Nfinit if you put your money in basically anything in april, you were pretty much guaranteed a 100% gain.

Yes - I said 1000% (not a typo)

i know

i was just making an addition to your statement.

i just ran a query through my brokerage and found 88 canadian companies that have moved 1000% from their 52 week low.

heres the doc file if anyone wants to see

code:
http://www.sendspace.com/file/azgxip

I am going to be sick. In the past week I lost about $3k. Just today its so far $850.