First off, I have been involved at PG for years. However, my primary focus has not been sportsbetting, it has been stocks. I have been invested since I graduated high school (10+ years) and was able to get my own account. My background is in engineering so math and science are my strong subjects. I also currently run the family business. Feel free to ask any questions.
I was asked by my brother to help him out with his IRA. With the market being relatively flat for the last 5 years, his returns have been poor. I agreed to pass on my trades to him and hopefully we all do well in the process. His balance is around 1200 so that is where I will be starting with this thread.
Tribute to those who have left PG: Simon, Dan "the Baby-Faced Legend" Bebe. Welcome back Straguzzi.
2011 CBB: 19-12 +7.3 units ROI = 20.4% 1.5 unit plays: 1-0 2 unit plays: 1-0, CFB 2011 4-10 -8.15 units, 2 unit plays: 1-0
hello douglas, i hope all is well
Sweet. Looking forward to this dfresh
I am a Pregame.com Director of the Boards!
Count me in Mr. Fresh, just rolled a 401k as liquid to
a trad IRA from an ex employer, then split it 50-50 ,
Fidelity Spartan 500 index and their Leveraged Co. stock fund .
I'm always searching for solid advice.
Money Doesn't Buy Happiness...But I'd Rather Cry On My Yacht
looking forward to your posts buddy, I also play the stock market, but more on a conservative basis, so will be paying close attention. I learned long ago in the market, take your profits when you hit your goals, minimize your losses, and move on to the next stock and do not look back. Still refer to this saying when I think otherwise
"pigs get fat, hogs get slaughtered".
Have to say I learned the hard way on this a few times in my life, and those lessons were not cheap.
JW
42 shares- DXD at 14.11 approx $600
Goal is to own to stocks, one more conservative. More analysis later.
What a fantastic idea. Great stuff D and hope you make some money in this rocky market.
Great stuff D, BOL on your investments & GET MONEY!!!!!!!(a added bonus is investing in January b/c that month has historically had the highest return rate of your investment, or something to that effect! Can't recall the exact stat)
DXD is basically a short on the Dow Jones. I believe the market has reached resistance levels on low volumes. Also, there is too much uncertainty with the Fed coming out last week with bearish comments about the economy. Europe and the Middle East are wild cards as well.