Quote:

---

don't all stocks eventually make some profit, no matter what the grade they are given? It's usually better to invest in the stock market than saving in the bank, and then you are at least guarunteed a larger comeback than you would get it sitting in the bank.

and i'm glad to hear it's possible to go investment crazy.

---

Yes, all stocks might go up to your sell point at one time or another and so you make a profit on your original investment, however if you buy lots of a C-F grade stock (the grades are given by the number of times they reach a sell point and the interval between these 'peaks') you could be missing out on some A grade stock which you could have bought instead.

If a stock never reaches your sell point for 2-3 years, it is better to put more money in other stocks which will give you a profit faster (ie. the A & B grades).

I have 301,000 shares (been going up and down alot with the recent sales). That is just over 4.5 million NPs (with a current worth of 5.5 million). At this point in my investing I go for diversity, and so I buy whichever stock is at 15 NP/share that I have the least of. It takes most of the guesswork out of it.

I'd probably consider myself investment crazy. But it is my only income (apart from Food Club). It is really fun to have a stock reach 70NPs/share and then sell it.

--------------------

GoPets ID: Summernight | Neopets ID: Summernight007 | Subeta ID: Summernight

Post Extras