One thing I can tell you is Investing/Trading is 10x harder than buying a small company/shop and running it.
Biggest thing I've learned from investing is that I valuate a store/company/corporation/etc differently.
Small store/company can live off of fixed rev/profit increase by drawing income from it.
Wall street investors have light-year far more expectations from their companies.
Bitcoins going up again today for some reason, Syria? Anyway, they've gone up $10 just from this morning. Plan is to watch like a hawk, sell high, then buy em up when they fall again.
"There are no finger prints under water."
I bought at $11 and sold at $120. How exactly is the government seizing bitcoins?
"There are no finger prints under water."
Well hell. I better work on getting my money out. F'ing government.
"There are no finger prints under water."
Stop calling the stock market an investment. It's pure gambling.![]()
no way!
it is less risky than owning a small company , small shop, nor real estate or REIT.
Only flaw it has is , there is little to no income, because it pays crappy dividends on a dividend paying stock.
After learning how to valuate the company (private capital, securities), I would probably not own a small company. Of course, it can change depends I have some kinda greatest idea/items no one has.
I am still 70% up YTD, and only need to pay 15% cap gain taxes (if i hold till 12/3/13).