imnotgeorge Posted December 7, 2008 Share Posted December 7, 2008 I've just started getting into the neopets stock market a few days ago (5 to be exact) and it's already bearing fruit! The 60k that I've invested into stocks so far is worth around 77k now. in 4 days! Compare that to bank interest and It's like raining money. I'm tracking my portfolio daily via MS Excel, so it's easy to detect any day-by-day changes (the neopets portfolio only lets you see your total changes, so if you bought at 15np each, yesterday it was worth 25np each, but today it's worth 24np each, it'll show you only that your investment is still at a profit and won't tell you that you've lost 1000 np over the past day. So any other stockbrokers here? Quote Link to comment Share on other sites More sharing options...
Izzy ♥ Posted December 7, 2008 Share Posted December 7, 2008 Sure, its a good way to make money... tracking is a bit too enthusiastic for me though. Maybe if I did day-trading then it would be good, but I have my sell point and once I see stocks over that, I sell. Otherwise, it doesn't matter to me the fluctuations :P Good luck though! What is your sell point? Quote Link to comment Share on other sites More sharing options...
imnotgeorge Posted December 7, 2008 Author Share Posted December 7, 2008 haven't decided LOL. probably 30 if the company has really large fluctuations, 45 if it's relatively stable and above that if it's just shooting up. Quote Link to comment Share on other sites More sharing options...
sentinelzm Posted December 7, 2008 Share Posted December 7, 2008 Good Job finding the stock market :) It's a great way to invest, but do expect losses. I'm at -22.38% :( But I have made about 90-100k so far :) For absolutely nothing :) Just a tip though, 30 is a good sellpoint 'cos the NSM (Neopian Stock Market) is TOTALLY RANDOM (Like CYBU, it barely fluctuated AT ALL but in 1 week rose 48 pts (I think)) Once you sell a couple at 30 you may look further to 45 and 60 for greater profit :jerrypteri: (Don't ask why I used the Jerry emotiocon. I like it.) Quote Link to comment Share on other sites More sharing options...
antiaircraft Posted December 7, 2008 Share Posted December 7, 2008 One fellow stockbroker right here. :yes: I prefer gradual, long term investments as opposed to day-to-day tracking - most stocks will rise to decent selling points given time, the tough bit is figuring out the sell point for each stock. Of course, I generally wait so long that the companies I'm investing in bankrupt. :P Quote Link to comment Share on other sites More sharing options...
sentinelzm Posted December 7, 2008 Share Posted December 7, 2008 Hehe. But well, no stock has bankrupted in a LONG time. LONG as in REALLY REALLY LONG. For all you know, TNT may have removed stock bankruptcy. I hope not though. Where's the fun in that? :jerrypteri: (Look above for Jerry reason) Quote Link to comment Share on other sites More sharing options...
mxpxrocks222 Posted December 7, 2008 Share Posted December 7, 2008 Wow, i almost forgot about the stock market... I bought some shares a few years ago but i am actually about even... only lost 5.22%. time to invest more!!! :D Quote Link to comment Share on other sites More sharing options...
Xepha Posted December 7, 2008 Share Posted December 7, 2008 I am into the stock market too. Made around 500k in the last 2 weeks so I'm pretty happy. Selling point is 60np a share ;). Yes it takes patience, but it totally worth it because then I get to make large deposit. Quote Link to comment Share on other sites More sharing options...
The Darkest Faerie Posted December 7, 2008 Share Posted December 7, 2008 I am into the stock market too. Made around 500k in the last 2 weeks so I'm pretty happy. Selling point is 60np a share ;) . Yes it takes patience, but it totally worth it because then I get to make large deposit. Where do you reccomend getting the stocks from? :) Quote Link to comment Share on other sites More sharing options...
ChaoticFission Posted December 7, 2008 Share Posted December 7, 2008 i haven't had luck with stocks. i remember when you could buy stocks at 6 NP. then it was ridiculously easy to make money. in fact, on one of my frozen accounts, i invested in a bunch of stocks at 6 NP which rose to about 100 NP per share. of course none of that matters now *mumble* but yea, i'm investing in 15 NP stocks now, and i haven't been seeing ridiculous profits.... i prefer food club--it's not just random jumps, it's statistics and educated guesses. with food club, i've made around 80k overall so far (i generally earn around 2-10k per bet). Quote Link to comment Share on other sites More sharing options...
imnotgeorge Posted December 7, 2008 Author Share Posted December 7, 2008 What's food club? On topic: I hit the jackpot with PDSS; bought it when it was 15 each 3 days ago and it's shot up to 34 each already. Quote Link to comment Share on other sites More sharing options...
Unstream Posted December 7, 2008 Share Posted December 7, 2008 Stocks are a lot of fun. I usually invest in KSON whenever it's low, along with EEEEE and TSRC, because I've made a pretty decent profit from them before, but then again, they are random. Wouldn't it be hard to track them though? I mean they do change every hour. Quote Link to comment Share on other sites More sharing options...
Xepha Posted December 7, 2008 Share Posted December 7, 2008 Wouldn't it be hard to track them though? I mean they do change every hour. Correction, they change every half hour :P I don't feel it necessary to track my stocks more than checking them in Neopets a few times a day. Quote Link to comment Share on other sites More sharing options...
TheUnknown Posted December 8, 2008 Share Posted December 8, 2008 The stock market seems to be doing well this month. My 200K+ stocks currently have a 35% profit on it! :laughingsmiley: However, since my sell point is 60, and I don't sell it all AT 60, I haven't made TOO much from it. Still, getting about a 350K profit from 7000 stocks over the last two days isn't too bad if you ask me. :P Quote Link to comment Share on other sites More sharing options...
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