tonight i stopped at Borders and picked up 2 books on investing:

Guide to Money & Investing, and
Investing in 24 Hours

I know the market generally, but I hope to focus more on investing in mutual funds for now then into stocks and futures. Oh yes, I will be rich by 27.

 

Umm...Mutual funds are generally not fast growth investment funds even at the high risk level.

better keep reading up on it.

 

i know this, but it will help me choose the mutual fund for me.

gotta start somewhere.

 

invest in porn!! it will never go away, invest like in a porn site get rich and sell it.

IbtheMILFhunter :rick:

 

Oh I just figured rich by 23 was being pretty optomistic and the only rel way to do that is to get lucky on some day trading deals consistently, or get seriously lucky on some penny stocks.

Myself I bought into a mining company out of VA, held it for three weeks then as it hit it's height news came in it was getting sued for environmental damage and I dumped it 15 minutes after the report hit.....the stock fell through the floor 2 hours later. I made out pretty good for $2500 worth of stock bought at $1.40 a piece

 

day trading would be more profitable, but it's pretty risky.

 

Very..

You can lose a ton of money without realizing it in a couple days if you aren't careful.

 

day trading is for retards. even professionals screw up consistantly. Unless you have a lot to play with and feel comfortable potentially throwing away a significant portion of your portfolio.

 

In my investments class, we learned that 80% of day traders lose all their money in the first year of day trading.

 

Very true.

I have a few friends that have done day trading. It's like hit or miss though. Most of the people fail, but the ones that don't, come out pretty well.