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Posted

step 1: buy 1000stocks at 15 or 16 each for as long as you can remember/ untill you run out of money.

 

Step 2: Wait one year

 

Step 3: Sell

 

My example:

Stocks: 16,000

Bought for: 240,000

Current Price: 464,000

 

TAG

(profile) 54 60 +6 2,000 30,000 120,000 +300.00%

 

Summary : You had 40564 NP. After 10 successful transactions, you have 410524

 

And now your richer, with doing barely a thing

 

I just sold all those, i wondered where some of my money was..

Posted

You can find more about stocks if you ask for petpages in the Stock Market board! I made about 2k so far.

Posted

I don't recommend 'waiting for a year'. I WOULD, however, recommend buying shares at 15-17 every day, and then set yourself a selling point.

 

The problem with waiting for a set amount of time is that stocks could have not risen to their fullest potential yet, waiting makes you miss a hike, or you're made to sell at a loss.

Posted
I don't recommend 'waiting for a year'. I WOULD, however, recommend buying shares at 15-17 every day, and then set yourself a selling point.

 

The problem with waiting for a set amount of time is that stocks could have not risen to their fullest potential yet, waiting makes you miss a hike, or you're made to sell at a loss.

 

I totally agree with you Eric!

 

I've been playing the stock market routinely since christmas anD made a profit of app. 630,000 NP so far (only counting what I've spent on the stocks I've sold...)

 

it beats your profit by lengths jubjubman ;)

Posted

I don't buy like a thousand stocks a day or every day but I have made almost 2k with 400 stocks.

Posted

AH that makes since but my VPTS stock has doubled but I haven't sold it yet.

Posted

Thats a good way to make money.... but I don't have very many neopoints. :(

Posted

I had bought 20 shares of some stock about a year ago and just now found it today. Guess what? It's gone down...a bunch. <_<

Posted

Im sorry! That stinks! Yesterday I should VPTS for almost double the amount. Now it is going down down down.

Posted

It's a O.K idea but people want np's instantly. They don't want to wait a whole year.

Posted

lol the only way to make lots of moeny affectively is to buy ALOT of stocks when they are low and sell them when they have gone high enough

Posted

If you want money instantly, don't do stocks. IMO, stocks are to supplement your daily income (which can involve RSing, games, etc.). You CAN make money exclusively off stocks, but you'll have to be patient (stocks are very good if you've got yourself a life; you only need 5 minutes a day to buy and sell). :)

Posted

Thats very true but with me I am not paitent... but I still like to check my stocks to see how much I have made. :)

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