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

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    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
    In rejecting their view [Spinoza, Leibnitz and Hegel], as I shall contend that we must, we are committing ourselves to the opinion that “truth” in empirical material has a meaning different from that which it bears in logic and mathematics.”

    Bertrand Russell, “An Inquiry Into Meaning & Truth” (1940)

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    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.

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    Havana Moon (08-16-2019)

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    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.
    In rejecting their view [Spinoza, Leibnitz and Hegel], as I shall contend that we must, we are committing ourselves to the opinion that “truth” in empirical material has a meaning different from that which it bears in logic and mathematics.”

    Bertrand Russell, “An Inquiry Into Meaning & Truth” (1940)

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    tsuke (08-16-2019)

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    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.
    In rejecting their view [Spinoza, Leibnitz and Hegel], as I shall contend that we must, we are committing ourselves to the opinion that “truth” in empirical material has a meaning different from that which it bears in logic and mathematics.”

    Bertrand Russell, “An Inquiry Into Meaning & Truth” (1940)

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    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.

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    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.
    In rejecting their view [Spinoza, Leibnitz and Hegel], as I shall contend that we must, we are committing ourselves to the opinion that “truth” in empirical material has a meaning different from that which it bears in logic and mathematics.”

    Bertrand Russell, “An Inquiry Into Meaning & Truth” (1940)

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