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re: Portfolio Percentage of Mututal Funds vs Stocks

Posted on 9/13/12 at 1:47 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 9/13/12 at 1:47 pm to
quote:

I don't post here too much. But I am always reading.


Like I said, not even close to average. The average LSU finance Jr. doesn't know the difference between market cap and stock price. I cringe when I think about the "average person" trading.

Posted by lighter345
Member since Jan 2009
11866 posts
Posted on 9/13/12 at 2:33 pm to
I'm pretty average, but I have gotten pretty lucky with the stocks I have picked the last few years. I am not very good at knowing when I need to get out though. I got CBST at $18 and it is hovering around $47 right now, but I think it will continue to grow.

Just bought 200 shares of SNTS.


Buying Biotech stocks is the closest thing to legal gambling I have come across. It's awesome. I know the stock market is a gamble, but just in this industry all it takes is one approved drug to make the company.
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