mighty_naise Wrote:Yeah I saw that post too. AGain, anyone have any advice on how long to stay in a stock? Ive always gone with the idea of once the value doubles, sell it. But i like the idea of selling it piece by piece in case the value does get up into the 70's range. Can anyone provide me with a screen shot of their portfolio so i can get an idea of how many shares to invest?
uh I'm too lazy to take a screen shot but here's how to invest the normal/lazy way:
buy ONLY at 15np, 1000 each day.
what to buy you ask?
everything you don't have...it'll take awhile to buiild up a portfolio, but once you have 1, it'll be raking in cash (or np).
So let's say there are 50 different stocks on the neodaq, some at 4, some at 15, some at 50, etc.
my portfolio has about:
70k stocks at less than 15
10k at 15
100k stocks at 15-35
30k at 36+
I own every single stock that has been at 15 in the past year (no proof and no evidence, but I'm just giving you the idea)
Totals: 227,000 3,405,000 5,066,000 +48.78%
so overall my stocks make a profit.
Now for: when to pull out?
whenver you want. Stocks will 99% of the time break 65 in it's lifetime. And rarely are there cases of BOOM. If you have a diverse portfolio, only a bit of your np will go boom

So, if you're rich like the heavy stockmarketers (ppl with 150,000 stocks or more), then sell half at 65+, another half at 75+ and the rest at 85+. You can obviously vary these numbers to your needs. But make sure each day you buy your 1000 stocks at 15. Some starters like to sell half at 35+, half at 40+ and the remaining at 50+...this allows them to keep np on hand to buy more stocks since they don't have massive reserves.
Wow, longest post I've typed in a while, must be procrastination kicking in.