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re: Newbie investing in individual stocks

Posted on 2/13/13 at 3:32 pm to
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6024 posts
Posted on 2/13/13 at 3:32 pm to
Chaos theory investing has always worked for me.

Liquidate your 401(k) and invest all cash (no less than 75% of life savings) into financial derivatives such as credit default swaps on Goldman Sachs and out of the money Zynga Call options. Shorting Pfizer is advised to make big bucks too. Merrill Edge is the best online trading platform btw. The more expensive the transaction the better the platform.
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 2/13/13 at 3:44 pm to
quote:

Stay out of individual stocks


Why does the MB make blanket statements like this without first asking the OP what his/her goal is?

Posted by Maniac979
The Great State of Texas
Member since Jan 2012
1904 posts
Posted on 2/13/13 at 6:57 pm to
(no message)
This post was edited on 2/16/13 at 8:39 pm
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