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All these books about making money on stocks...you have to wonder.

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raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 09:08 AM
Original message
All these books about making money on stocks...you have to wonder.
If you figured out a sure-fire way to make money on stocks, would you write a book
about it and tell everybody else how to do it?


:rofl: :rofl: :rofl: :rofl: :rofl:


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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 09:15 AM
Response to Original message
1. Or the, "make money in Real Estate", etc. nt
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-08-11 09:19 AM
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2. In the real world, you would tell no one, lest your method stops working.
No investment strategy works when everybody tries to do it. I think one could even prove that mathematically.

So yeah.
:thumbsup:
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 11:19 PM
Response to Reply #2
3. In the real world, you tell everyone to buy the penny stocks
that you have already loaded up on, then unload them as fast as you can when the price reaches your target. In trading jargon, this is called "pumping and dumping".
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-11-11 09:43 AM
Response to Reply #3
4. And you get paid for giving them "advice" too. nt
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-11 03:29 AM
Response to Reply #4
5. I wish I hadn't listened to the stock "advice" I was given
My cat could have done better than those so-called "professionals".
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-11 09:38 AM
Response to Reply #5
6. Yep, I did that, one time. Cheap lesson at the price too. nt
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:13 AM
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7. This usually means all the real money has been made
and now they're trying to get all the small time suckers to invest to prop it up while they get their money out.

The market has been overvalued since the late 90s. It's not going to stay that way much longer.
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