Hello Friends! Thanks again for stopping by. I will try to be entertaining and informative today. As always, please remember to do your own research on all stocks mentioned on this website and consult with your investment advisors.
A reader writes:
Hi, a friend told me about you and I've been reading your interstening
stuff since I started thinking about
investing. Thanks a lot for your efforts to help people like me.
I appreciated it and sure did a lot of others even
you don't hear from them.
Well, here is my story. I have 10 k that I want to invest for 2
years and I want to have atleast 8k profit. Could
you please tell me if that possible at all.I'm willing to take all the risks. Thanks .
Well, thanks for the compliments. First of all, is it possible to have $8,000 profit on a $10,000 investment? I suppose so but that is a rather high profit target. Most of the time, one can anticipate over long periods of time receiving an 8% investment return if you are fortunate to be invested in a balanced portfolio in an otherwise uneventful market.
Let me emphasize here, that I am not a miracle worker. I am an amateur investor, apparently like you, who just likes to invest in stocks and share a few ideas about how to approach stock picking. If you read my blog, sometimes you will see that I can lose money QUICKLY...unfortunately for me. And sometimes I get lucky too! However, I strongly support the idea of cutting your losses quickly and selling your winners slowly. Also, it is important, in my opinion, to have a discipline about buying stocks of successful companies. That is what my stock screening is all about.
Please understand that what I write is NOT a get rich quick scheme. Could somebody possibly do real well on the stocks I mention. It is possible. It is also possible to lose money.
I would like to apologize if I have discouraged you from investing or trying to do well. That is not my intention. I just want you and all of the people to stop by here to appreciate that I like to pick stocks and stimulate thinking....and if we can also make a few $'s along the way, that would be terrific!
I would love to hear from you about what you decided to do with your investment $'s and how everything is working out! Remember you can email me at firstname.lastname@example.org
Posted by bobsadviceforstocks at 7:50 AM CDT | Post Comment | Permalink