Do you put money in stocks and how much did you loose/win?

United States
December 14, 2006 4:44pm CST
Do you put money in stocks and how much did you loose/win? Do you think its all luck to make money in stocks?
1 person likes this
3 responses
• United States
14 Dec 06
Obviously it's a game, a risk, like the lottery...like the rodeo, the longer you stay on the crazy bull (the longer you hold onto a soaring stock) the cooler you look (the more money you make). But if you stay on too long, (stay with the stock too long)you could fall off and break your face (you could lose everything to greed. My friend had an assignment where she got a fake bank account and was told to invest in stocks for four months, she didn't do too well, but some people in the class make crazy money. You have to find the right stock, watch it constantly, and diversify, buy as many stocks in different markets as you feel comfortable doing. It's usually no get rich quick deal, but if you stick with it, I'm told you can make alot of cash.
• United States
16 Dec 06
thanks for your response.
@mfrancq (1808)
• United States
14 Dec 06
Stocks - Stocks
I personally do not do stocks. However, my husband does. He says it's not luck but strategy. You have to pay attention and know what companies to look for. You also need to know the difference between high risk/low risk. I have no idea what he is talking about, but it sounds good. And he's cute when he talks all smart! hehe
• United States
14 Dec 06
thanks for the response.
@srhelmer (7031)
• Beaver Dam, Wisconsin
14 Dec 06
I would first have to have money to invest. But, if I ever get to that point, the stock market is still a good investment.