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Subject: Needing some investment advice... rss

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Dwayne Hendrickson
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Oklahoma City
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I have a hypothetical question for all the Chit-Chat folks.

A good friend tells you of a great investment. It is supposed to pay out very well. This friend is not putting money in this investment, but is putting money in another investment.

You and the friend are socio-economic equals in all regards.
What are you going to do?
  Your Answer   Vote Percent Vote Count
Do you invest in what he tells you to?
0.0% 0
Do you invest in what he is investing in?
100.0% 14
Voters 14
This poll is now closed.   14 answers
Poll created by okiedokie
Closes: Sat Sep 10, 2011 6:00 am
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howl hollow howl
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Do sound research of each before deciding to invest in one/both/neither?
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Dean
Australia
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In blackest night, in shining day, My Will is all - I'll have my way! With Emerald Light in focused ray, This Duck will rule! (If that's okay?)
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Option 3:

Ponies.
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Scott B
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I have one word for you - plastics.
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Brian Morris
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2nd, 6th and 7th Wisconsin, 19th Indiana, 24th Michigan
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I have two words for you - cardboard futures.
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ɹǝsɐɹɟ
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Back in the days when there were less maps we played every map back to back
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Ooh a little higher, now a bit to the left, a little more, a little more, just a bit more. Oooh yes, that's the spot!
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Option 4: Time Machine
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Mike K
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Follow the money.
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David Kahnt
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It's fun, it's healthy, it's good exercise. The kids will just love it. And we put a little sand inside to make the experience more pleasant.
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You know, they say there was a man who jumped from the forty-FIFTH floor? But that's another story...
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Option 5: "In volatile market, only stable investment is porn!" - Trekkie Monster

-DK
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fightcitymayor
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"This is a really weird game, and you’ll find that most people will not want to play this."
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are these the same friends extolling the virtues of day trading?
friends don't let friends give investment advice.

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Mike Jones
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Yeah it's here! Really it's right here.
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Really you should have an third option. Do your own leg work and find an investment that fits you and don't go on what 'someone else' has decided.



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Blorb Plorbst
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I think we're all bozos on this bus.
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Can you afford to lose the money?
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Society of Watchers
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Invest in anything that Warren Buffet invests in... But make sure you do it before he does it... devil
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Ookami Snow
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Monorail?
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John Hathorn
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Take your investment funds and split it into 10 equal parts. Keep in mind that you will pay a commission per trade and don't invest unless the commission you will pay is 5% of the price, in this case each of the "parts." So if you will pay a $10 commission per trade then you don't want to trade less than $200. So if each part of your total amount isn't more than $200, then don't bother reading further.

Assuming you've done your research, invest 1 part in each of the above options (what he's suggesting and what he's doing) once a month for 3 months. Pick another stock that you have researched and like that he's not involved with and do the same (1 part once a month for 3 months).

Put the 10th part in a Savings account.

See which one earns more.

Warning: don't give into the temptation of being a day trader and selling high (but you should try to buy low). That's a great way to lose money.
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howl hollow howl
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JohnnyOffice wrote:
Assuming you've done your research, invest 1 part in each of the above options (what he's suggesting and what he's doing) once a month for 3 months.

Fuck that; short that shit.

"I subscribe to the law of contrary public opinion... If everyone thinks one thing, then I say, bet the other way..." - Ricky Roma
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