Results 1 to 6 of 6

Thread: Here is an example why the Lemmings lose money on the stock market

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default Here is an example why the Lemmings lose money on the stock market

    I have shares in AFC, a company that is in the forefront of hydrogen fuel cells manufacture. They dropped yesterday, so I bought up some more and they've gone up 10% today!!

    $AFC Energy(LON)$ Real-time quotes & in-depth analysis, share trading ideas. https://www.webull.com/quote/lon-afc

  2. #2 | Top
    Join Date
    Jul 2019
    Posts
    1,541
    Thanks
    0
    Thanked 761 Times in 537 Posts
    Groans
    0
    Groaned 21 Times in 20 Posts

    Default

    I don't own any stocks, I put all my savings under my mattress.

    Putting your money in the market can be scary. My first year of grad school I had a thousand dollar surplus and Amazon was $11. But I looked at my ex wife and didn't take the risk. Dumbest move I've ever made. By the time I graduated I would have made about 200k on 1k.

    But it is a gamble.

  3. The Following User Says Thank You to Lord Yurt For This Post:

    cancel2 2022 (08-16-2019)

  4. #3 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by Lord Yurt View Post
    I don't own any stocks, I put all my savings under my mattress.

    Putting your money in the market can be scary. My first year of grad school I had a thousand dollar surplus and Amazon was $11. But I looked at my ex wife and didn't take the risk. Dumbest move I've ever made. By the time I graduated I would have made about 200k on 1k.

    But it is a gamble.
    You have to spread your risks and take a long term view. A short sharp recession is the best time to buy, that's when the serious money is made.

  5. The Following User Says Thank You to cancel2 2022 For This Post:

    tsuke (08-16-2019)

  6. #4 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by Lord Yurt View Post
    I don't own any stocks, I put all my savings under my mattress.

    Putting your money in the market can be scary. My first year of grad school I had a thousand dollar surplus and Amazon was $11. But I looked at my ex wife and didn't take the risk. Dumbest move I've ever made. By the time I graduated I would have made about 200k on 1k.

    But it is a gamble.
    Indeed, I have Apple, Intel, Amazon and Alphabet.

  7. #5 | Top
    Join Date
    Jul 2019
    Posts
    1,541
    Thanks
    0
    Thanked 761 Times in 537 Posts
    Groans
    0
    Groaned 21 Times in 20 Posts

    Default

    Quote Originally Posted by Havana Moon View Post
    You have to spread your risks and take a long term view. A short sharp recession is the best time to buy, that's when the serious money is made.
    I was kidding about not owning stocks now. But I did fail to put a thousand on Amazon. I will kick myself till the day I day for that stupid mistake.

  8. #6 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by Lord Yurt View Post
    I was kidding about not owning stocks now. But I did fail to put a thousand on Amazon. I will kick myself till the day I day for that stupid mistake.
    I bought Amazon at around $300 so have made a few quid but yeh shoulda coulda woulda but didn't much earlier.

Similar Threads

  1. Stock Buybacks Are Inflating The Stock Market
    By Cinnabar in forum Current Events Forum
    Replies: 2
    Last Post: 07-04-2019, 10:53 AM
  2. Replies: 43
    Last Post: 06-10-2019, 09:15 PM
  3. Where does the money go that is lost in the stock market?
    By Whomever in forum Off Topic Forum
    Replies: 15
    Last Post: 05-26-2009, 12:33 PM
  4. Stock Market Run
    By Chapdog in forum Current Events Forum
    Replies: 20
    Last Post: 10-11-2007, 07:01 PM
  5. Stock Market UP!
    By Jarod in forum Current Events Forum
    Replies: 8
    Last Post: 11-09-2006, 09:58 AM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •