
10-25-2006, 12:47 PM
|  | Super Stoner Mr. Ganja | | Join Date: Sep 2006 Location: Socialist Republic of Kalifornia
Posts: 9,002
| | Dank ... You are correct on the stocks. There are plenty of safe stocks that go up and down in cycles. I had some friends who used to make 20% consistantly on their money via investing/selling Continental Airlines. They would buy it at the low, sell it when it rose 20%, then wait for the low again. Kind of like a money machine. Vi | 
10-25-2006, 12:50 PM
|  | Mr.Ganja Mr. Ganja | | Join Date: Oct 2006 Location: Somewhere in Texas
Posts: 2,687
| | Yes I have notice with just to 2 stocks I listed that you can make 10 times you original investment in 2-5 years. That's how I got the money to invest before the bubble burst the last time. | 
10-25-2006, 01:09 PM
|  | Super Stoner Mr. Ganja | | Join Date: Sep 2006 Location: Socialist Republic of Kalifornia
Posts: 9,002
| | Oh, the guys who bought & sold the Continental Airlines stock used to turn it over every few months, not years. I guess some stocks are very volitile like that. I'm not a stock investor, so I'm only relating what I've been told. Vi | 
10-25-2006, 01:28 PM
|  | 420 TIME Stoner | | Join Date: Sep 2006 Location: North forty
Posts: 536
| | stocks | | they go up, they go down, any genious can figure that out, and yes you should buy low and sell high, talking about it is easy, try doing it, put your money where your mouth is and get back to me in a couple a years! I'm sure I'm not the only dumb fuck who lost money in the market, those pros. are shrewd. Just when you think you should dump, the damn thing falls below your buying price over night. I dealt on the Nasdaq, A very volatile market. the risks are higher but so are the rewards if you hit it right. I never could project the future well enough to pick the winners! I don't think luck plays a very big part in it!
Last edited by medicinaluseonly; 10-25-2006 at 01:34 PM.
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10-25-2006, 04:13 PM
|  | Super Stoner Mr. Ganja | | Join Date: Sep 2006 Location: Socialist Republic of Kalifornia
Posts: 9,002
| | Even jackasses know that the stock market goes up and it comes down. The genius is in knowing WHEN. Vi | 
10-25-2006, 07:40 PM
|  | Mr.Ganja Mr. Ganja | | Join Date: Oct 2006 Location: Somewhere in Texas
Posts: 2,687
| | medicinaluseonly, I lost a great deal in the stock market, I was following the trend as everyone else was by investing heavy in the Tech Sector, (too many eggs in one basket if you will) A lot of the rest of the market survived that crash. Now the same thing is going to happen because too many people are investing in energy stocks, and the bottom will drop out. The smart people would get out now. But what I was saying as far as the Liquor stocks was that I made enough to seriously invest in the stock market in 2 years. I started out with $2,000 in Bud stock and then parlayed that over to Seagrams stock and back to Bud and back to Seagrams again. I made $14,000 from that, and in 14 months I had turned that into $125,000. When the stock market crashed, I lost $80,000 in one day and whatched the rest dwindle in 3 years. If I had the money to invest right now, I'd do the Liquor Stocks again, it's a relitively safe bet as far as stocks go and it makes very good gains. | 
10-26-2006, 12:09 PM
|  | 420 TIME Stoner | | Join Date: Sep 2006 Location: North forty
Posts: 536
| | dankster | | If my CHina thing ever jells, I,ll send you a PM and let you know the Symbol, you might want to keep a couple a grand lying around. I know the guys that invented the product and it is eventually going to go big, This a fact, it's just a matter of time.. It's in trials now and going very well, I don't know if I can get you in on the IPO but soon after for sure. If China Rolls with it, Mexico and most of S. America will follow suit, In the USA the big oil co.s have been fighting it so it might not be here for years, but eventually when the rest of the world gets on to it, it will be here also, through environmental pressure! Stay tuned! | | Thread Tools | | | | Display Modes | Linear Mode |
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