Well I got spanked this week! ![Frown :( :(](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Lost $625.23 (down 15.99%).
Good thing I don't feed the family off of the stock market.
Lost $625.23 (down 15.99%).
Good thing I don't feed the family off of the stock market.
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I'll pick eight head of really nice Red Angus heifers.
Coke-A-Cola, General Electric, Zion Bank, you can't go wrong with useable goods.
Theres money to be made right now
OT
I bought into FNM & FRE which is Fanny Mae/Freddy Mac a few days back. I've been watching it like a hawk. I'm banking on the bail out to happen or I could be screwed. When the crooks in congress get close to a deal, market goes up, once delays hit, it goes down. It's an amazing thing to watch, even more amazing when you have 26K sitting in there like I do. I know I'm half nuts, but my motto has always been no risk, no gain. Right now I'm up roughly 30cents a share and I'm hoping for at least another 50cent spike upon some kind of a deal happening over the weekend. If we get a deal, stocks will surge big time Monday, if no deal I feel it's going to be ugly. This is like rolling the dice in Vegas.![]()
Did you buy in at $0.35 per share or wait until it hit the $2 mark? Last week was a great week to make money on that stock. If indeed you got in sub $1 share, you might come out pretty good. I'm just starting to learn stock market, threw $800 into - lost some money and mad a little back. It's pretty fun and I can see how it would be addicting.