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To: GrandJediMasterYoda

I have the absolute worst stock record. I wait too long or get too greedy.


33 posted on 07/27/2018 11:57:29 AM PDT by stevio (MAGA)
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To: stevio

If you can believe it when Google went on the market around 2004, 2005 I had a lot of extra money from trading, around $60,000 and I bought 1000 shares of Google at around 100, it was insane but I knew it would go up. With margin I laid out $50,000 but people started freaking me out saying “Are you crazy? For a freakin website?” and I panicked and sold at 102 or something, then I had an emergency, my brother got into legal trouble and that was it for the $50K, but if I had balls of steel I would have been a millionaire today. I don’t even want to think about that today because I literally get sick to my stomach, my 80 year old dad was recently scammed out of his life savings by internet scammers and right now we are going through all kinds of hell financially so it’s really sucks looking at that lost opportunity. I think Google reached 1200 recently. Ugh. If I ever get enough to start trading again, the lessons I learned is stick with stable companies that have growth, diversify and forget it, never ever ever ever sell at a loss unless you need that money in an emergency because eventually it will go past what you paid for it, all of them do eventually unless it’s some BS penny stock. Amazon, Apple, Google, anyone could have made a ton of money on those companies ten years ago. All solid companies with growth, there was a ton of opportunity back then with those companies. Freakin Amazon you could have bought for like 45 bucks a share 10 years ago. Now it’s up to almost 2,000 bucks a share.


47 posted on 07/27/2018 2:54:58 PM PDT by GrandJediMasterYoda (Vox populi, vox dei)
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