April 5, 201313 yr EEEEE watch! It's currently at 55 (already up 11 for the day). And TNAH is back up to 45 (up 6 for today), if anyone still has any of that lying around.
April 6, 201313 yr Gah, I always forget to check my portfolio, so I missed PEOP at 58 again. And I don't have any EEEEE. D: Sobbing a little right now. My portfolio's actually in green overall though! This is kinda refreshing: 114,000 || 1,713,000 || 1,937,000 || +13.08%
April 7, 201313 yr Totals: 129,000 1,935,000 2,327,000 +20.26% My stocks are really high considering none of them are at selling point.
April 7, 201313 yr I was wondering, how high do you guys usually expect your stocks to reach before selling them? Because I'm usually pretty cautious and tend to sell once they double. I'm wondering how likely it is for them to reach, say 60 or something.
April 7, 201313 yr I always wait until 60. It takes longer but it will get you more money in the long run. I'd say a stock usually hits 60 around every month or so.
April 7, 201313 yr I haven't checked my stocks in awhile and was excited to sell EEEE at 47, but it looks like it was t 60 just a few days ago :(
April 10, 201313 yr Stocks are definitely up, but none are hitting 60 yet. Trying to be real patient here.
April 12, 201313 yr Nooooo!! I was waiting too. I'm going to wait again. It's been weeks I sold any shares. ._.
April 13, 201313 yr I said to myself, I don't trust this stock. And I sold 2k (instead of 1k, what I usually do) of my 4k at 49. And SWNC came down to 41.
April 13, 201313 yr I like to wait but I'm getting quite anxious... I haven't sold any stocks for a loooong time and I need the money By the way, today seems like it's going to be another awful day, the stocks that are going up are far away from giving a high profit
April 13, 201313 yr It looks like KBAT may be starting to inch up. I hope it keeps going up, cause I'm already sitting on a six digit number for it, and it's still in the high 20s.
April 14, 201313 yr EEEEE is at 61 now :O! Time to selll~ :D (finally) XD Summary : You had 1387 NP. After 23 successful transactions, you have 173123. Whoo :3
April 14, 201313 yr Only had 5k of EEEEE, so I sold the lot. Thanks for the head's up! Summary : You had 6206 NP. After 5 successful transactions, you have 311186.
April 15, 201313 yr Totals: 700,000 10,590,000 13,017,000 +22.92% I seem to have quite a bit of stock compared to rest of you chums here, I only sell at +500 to 1000%, the waiting is costing me nothing and for it to make the same money through other investments is quite impossible in the same timeframe. I've made almost all my money like this, I don't do much on NP besides the stock market. Summary: Buy @15-16 tops, sell at +500% minimum.
April 15, 201313 yr Totals: 700,000 10,590,000 13,017,000 +22.92% I seem to have quite a bit of stock compared to rest of you chums here, I only sell at +500 to 1000%, the waiting is costing me nothing and for it to make the same money through other investments is quite impossible in the same timeframe. I've made almost all my money like this, I don't do much on NP besides the stock market. Summary: Buy @15-16 tops, sell at +500% minimum. How often do you end up selling your stocks? I rarely have seen stocks get up that high. :o
April 15, 201313 yr I did some fun math to find out how long it would take to gain the same amount of interest in the bank (at 12.5%, compounded daily) as you would at various sell-points in the stock market. As long as the stock of interest hits the sell-point more frequently (on average) than the length to gain that much interest, you're better off in the stock market than in the bank. Of course, the higher your sell-point, the more variance there will be in terms of length of time to reach it (and thus more risk) vs. accumulating interest. Sellpoint: Time to Equivalent Interest* 30: 5 years, 68 days 45: 8 years, 112 days 60: 10 years, 200 days 75: 12 years, 108 days 90: 13 years, 266 days 105: 14 years, 345 days 120: 16 years (exactly) 135: 16 years, 340 days 150: 17 years, 279 days 165: 18 years, 190 days 180: 19 years, 77 days 195: 19 years, 20 days 210: 20 years, 159 days 240: 21 years, 182 days 270: 22 years, 212 days 300: 23 years, 100 days 330: 24 years, 12 days 375: 25 years, 19 days 420: 25 years, 348 days 450: 26 years, 184 days 500: 27 years, 126 days 600: 28 years, 292 days 700: 30 years, 11 days 900: 32 years, 14 days 1200: 34 years, 123 days 1500: 36 years, 44 days 2000: 38 years, 153 days 2500: 40 years, 74 days 3000: 41 years, 242 days 4000: 43 years, 327 days 5000: 45 years, 273 days *I did not factor in leap years. I think during leap years, you get an additional day's interest, so for every 4 years, just subtract 1 day to reach that interest level. Of course, bank interest is not necessarily the best investment of your resources. Since the stock market is a long term investment, and you can't control when it's time to sell, you do need cash on hand to pay for... whatever you like to spend money on. (For example, maybe you bought extras of all the Negg Festival prizes to sell later once they inflate. Or maybe you buy weapons, healing potions, dubloons, and codestones when they're cheaper and sell during wars. Or maybe you just want a good BD set, or you want to work on your gallery, or just train. All these require NP on hand.) It's up to you how much you invest in the stock market vs. keeping on hand. (Don't forget, there's also the risk of a stock going bankrupt. The more you have on hand, the more you stand to lose. This hasn't happened since 2004, but you never know -- 8 went bankrupt over the course of a couple of years. There's also the slight risk that TNT might change how the stock market works, making it work more like a real stock market (where price is based on how much the store in question sells of high-profit vs. low-profit items, as well as the number of shares being bought and sold each day).) But given that it would take 10 years in the bank to equal a buy-at-15,sell-at-60 stock market gain, I think I will increase my sell-point. I just need to see how often stocks meet other sell-points (if ever). For example, AAVL has only gone above 100 four times (2005, 2007, and twice in 2009). ACFI never has; it has only gone above 90 once, in 2005 (same with BB, only in 2007). So while it might make sense to raise AAVL's sell-point to 100, it wouldn't for ACFI or BB.
April 16, 201313 yr How often do you end up selling your stocks? I rarely have seen stocks get up that high. :O I sell weekly, and I make twice as much than I spend during said week on stock, at the least. in most cases I sell for 350-700k (Just because I have 15000 or something of the stock.) As Siniri said above, it's worth the wait. And considering there's a 15000-17000 daily spending limit on stocks, you can use all the other money for other investments. I made 35.000.000 from stock over 3-4 years, keeping in mind that I only do stock market, I almost never sell other items and my starting capital was 1.500.000 from a paintbrush. That's a 23 times increase in value from stock alone.
April 18, 201313 yr I sold LUPE today when it was at 46 :) That's three sales within the past two or three weeks! Edit: Just sold TNPT at 46. Edited April 19, 201313 yr by plotinus_theos
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