Reply to So Sick of Stocks can anyone besides the large investors / manipulators make money?

Forum Index » Money and Finances

Reply to "So Sick of Stocks can anyone besides the large investors / manipulators make money?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Only if you devote a significant amount of time to it and show discipline.

I was able to make a few grand over the years -- invested in REITs between 2002 and 2004, then lost much of that in stock options, and then made some of it back later when Bernanke decided to abandon the dollar and cut interest rates -- I bought the gold, silver, and oil exchange funds, the gold and silver did well and still track the price of gold/silver fairly well, but the oil fund is a dog.

My overall portfolio -- precious metals, bonds, mutual funds/401k, etc., has returned positive returns every year since 2002.

9.85% Jun 1 05-May 31 06
7.59% 06-07
5.76% 07-08
0.35% 08-09
8.04% 09-10
13.64% 10-11
0.88% 11-12

Up 60.3% since Jun 1 2005 -- I try and track it like a mutual fund, so when I make 401k contributions, etc., I increase the # of "shares".

S&P was 1,202.22 that day and it has gone up 17.7% since then.

The only smart thing I did was realize that stocks were going to go sideways for a long, long while in 2001-02 and so they have -- the S&P has done squat in the past 13 years. So I focused more on bonds/commodities and with some focus on stocks.

I was helped *a lot* by buying all the stock of my company I could -- it was sold to Bloomburg last year but I had unloaded by then (my career was going nowhere.) [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics