Investing

[jhood001]

I paid off a lot of debt with a low paying job, in a relatively short amount of time. I developed my own method of doing so, and after having great success, found out that it was pretty much exactly Dave Ramsey's method. I knew the old addage about paying the highest interest off first, but recognized that by paying off something smaller first, it would boost my confidence to continue, make my lost of debtors one shorter, and finally that I could roll that amount into my next biggest debt to tackle.

If you hear Dave Ramsey respond to the question of why smallest first, instead of highest interest first, he says that they'be done the math both ways and the difference in the end is negligible. That is also what I found, as I spent a lot of time playing withs trying to find the best way to get oit out of debt.

I also agree that Dave is good to follow for getting out of debt, but not the best for making money. Two different, and sometimes conflicting, mind sets.

Brilliant response and I agree.

[sniper7]

I suggest giving your money to the government voluntarily. They steal enough of my money thanks to liberals that I sure won't be giving free advice to a well known liberal.
Change your ways and your way of thinking and things will get better for you.

[def90]

Well this is an unrelated tip but came from the same source. This company is getting closer and close to producing artificial blood which I am sure the military will buy a ton of. Spectra Inc out of Ohio.

It's artificial blood to use for training/simulating wounds.. it doesn't work in humans.. basically it's replacing dyed KARO syrup.. If it was for use in humans I could see maybe looking into it, otherwise..

[mtik00]

Just on general principle, it's a bad idea to use a margin account. It's like taking cash out on a credit card to play blackjack with. Sure, there's a slim chance you could do well. However, the odds always favor the house. Especially if you don't fully vet your investments. Stock tips be damned! This is the reason I don't invest in the stock market directly. This is also the reason I'll never be "rich" (whatever that means). I'm OK with that. I know I don't have the work ethic to start a company and grow it, too (I'm much too lazy).

In my opinion, if you're asking about buying on margin, you can't afford to buy the stock in the first place. Never gamble with money you can't afford to lose. I don't care if it's pai gow or the stock market. The downside is just too big.

YMMV.

[JoeT]

I'd be glad to help you...but you can't buy this stock on Margin.

but I will send you this link, which would explain the process if you had a viable stock

http://www.investopedia.com/universi...in/margin1.asp

[Irving]

Damn! I accidentally made $240 today and I'm kind of mad about it. I had bitcoins set to sell two at $120, and I noticed that they were getting close to that level today. I forgot to log on and bump it up to something higher. By the time I got home I saw that the price peaked today at $123, it sold my two at $120. If the price drops drastically, I'll just buy more with what I sold. Otherwise I'm going to pay close attention and try to catch it before it sells my last two at $145 a pop if it looks like it's going to go above that.

[MrPrena]

Damn! I accidentally made $240 today and I'm kind of mad about it. I had bitcoins set to sell two at $120, and I noticed that they were getting close to that level today. I forgot to log on and bump it up to something higher. By the time I got home I saw that the price peaked today at $123, it sold my two at $120. If the price drops drastically, I'll just buy more with what I sold. Otherwise I'm going to pay close attention and try to catch it before it sells my last two at $145 a pop if it looks like it's going to go above that.

You are the bitcoin expert.
Talk with private capital finance, FA, Advisors, etc, and they have no detail idea what bitcoin is. They only knew what website posted about how bitcoin works.

[Irving]

Nothing special, I just check the price a few times a day. If you'll remember last time the price started to sky rocket and I started to worry and sell some just to at least get my original money back. Then the market spiked AND crashed before I could have made serious money. I just held onto what I had left this whole and have been watching it. I set the coins to sell at $120 a few months ago in the hopes that they would trend back up to where they are now. Anyone can do what I did (if they started last year). The bitcoin prices are so volatile that I'm considering trying to do some type of day trading with them. They sold for $120 earlier, but are sitting at $118 right now, so I could buy them right back for a bit cheaper. I haven't really looked into how much time it and how many trades it would take me for it to be worth my while though. This time last week they were trading at $109ish.

[ben4372]

ffs...it is fake blood! http://www.toledoblade.com/local/201...ial-blood.html

One million to develop fake blood? Really? What would the Myth Busters charge for this?

[Great-Kazoo]

One million to develop fake blood? Really? What would the Myth Busters charge for this?

You could get the real thing from the homeless....................cheap.