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+---- Thread: [IDEA][Un-Tested]Playing the Stock market (/showthread.php?tid=6163)
[IDEA][Un-Tested]Playing the Stock market - Periwinkle - 04-12-2010
hey everyone. i've had this idea for a while, but never tested it. basically, what you could do is buy 10 shares in 5 different small cap mutual funds, which all either fail or increase greatly in value. chances are that one or two of these funds will make a lot of money, and go up in value by a decent amount. the diversification of your investment ensures that you will not lose money. all you would need is one fund to succeed. would this work? if not why?
RE: [IDEA][Un-Tested]Playing the Stock market - Poppins - 04-12-2010
Hi Periwinkle!
In theroie yes it could work. But saying that maybe 2 and best will succeed will leave the other 3 to fail. If your loss is bigger on the 3 than your profit is on the 2 then you will make an overall loss.
-Poppins
RE: [IDEA][Un-Tested]Playing the Stock market - Rhythm - 04-12-2010
(04-12-2010, 02:03 PM)Poppins™ Wrote: Hi Periwinkle!
In theroie yes it could work. But saying that maybe 2 and best will succeed will leave the other 3 to fail. If your loss is bigger on the 3 than your profit is on the 2 then you will make an overall loss.
-Poppins
Well put. I myself have invested and have found that short term investments are rarely good money makers unless you have a LOT of money to invest.
But I don't know much about mutual funds, so I'm probably not the best to take advice from.
RE: [IDEA][Un-Tested]Playing the Stock market - Christopher - 04-12-2010
It probably could work.....But wouldn't it just get tiring after a while.
RE: [IDEA][Un-Tested]Playing the Stock market - Kaleb - 04-12-2010
(04-12-2010, 02:03 PM)Poppins™ Wrote: Hi Periwinkle!
In theroie yes it could work. But saying that maybe 2 and best will succeed will leave the other 3 to fail. If your loss is bigger on the 3 than your profit is on the 2 then you will make an overall loss.
-Poppins
/thread