What I really want to know is whether it is possible to make this kind of profit on the stock market?
2006-06-29 05:50:22 · 12 answers · asked by starfield 2 in Business & Finance ➔ Investing
Anyone can make 200% to 300% on an individual stock if they get lucky. On my best stock pick ever, I bought it for 0.64 and sold it a year later for 12.75. That's like 2000%. The fact is, my stock portfolio went up only by around 40-50% that year, because the stock was not a huge part of my portfolio. Obviously, if I'd known the stock was going to go up so much, I would have put every penny I could borrow into it, but unless you can see into the future, it's better to be safe and diversify.
Anyway, as far as what you should expect to make in the stock market, if your portfolio averages 10% per year over a long period, you're doing well. If you average 20% you're doing very well. If you can average 30% annual returns over a long period you are getting an amazingly good return, and you should thank your lucky stars.
If you go into the stock market expecting to make 200-300% per year, you might as well just take that money to Las Vegas instead, because you'll be taking way too many risks. Trust me I know.
2006-07-05 19:29:55 · answer #1 · answered by tom_2727 5 · 1⤊ 0⤋
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It’s absolutely true that penny stock investors can make very quick gains. Synutra International, Inc. (NASDAQ: SYUT) is a great example of a penny stock. This dairy-based, nutritional-products company has jumped from a little Bulletin Board operation to a billion dollar corporation. The company finally graduated from Over-the-Counter status to the NASDAQ Stock Market bringing with it 113% gains in less than two months.
This happens all the time and it’s how some of the best investors in the world became the richest investors in the world. Buying some shares for pennies on the dollar and selling at $10 or $20 is possibly the fastest way from being a hobby investor to a super investor
2016-02-16 17:42:03 · answer #2 · answered by Sheba 3 · 0⤊ 0⤋
The thing is such profits are possible on the short run only. They are not sustainable on the long run. Soon or later such profits would be pulled back to normal levels. But, you know people like to mention their great wins rather than their losses. It's a bit like lottery. Suppose, you play every week to win nothing, then five years after you win a good prize. Have you made good profit now? In short, such gains are only sustainable in the stock market if you have insider information, and in some cases this action can be illegal. For instance, it is not very ethical for the employees of auditing firms to buy/sell shares of the companies they audit.
2006-07-03 00:17:37 · answer #3 · answered by ufukguc 2 · 0⤊ 0⤋
That’s 100% true, people even turn measly $5000 into millions in a matter of months but those are not your calculating investors like Warren Buffet. Its easy to turn crazy profit from an elastic market like the stocks but to keep it consistent is the difficult part. I’d advise you to find more longer lasting solutions outside of the paper markets industry as you clearly have very little information.
2006-06-29 09:25:51 · answer #4 · answered by kope k 2 · 1⤊ 0⤋
Yes it is definately true. However, odds are that it will never happen to you. It is usually someone lucky who just happened to own a stock when it blew up. Knowledge alone will not earn you a 300% profit.
2006-06-29 06:23:08 · answer #5 · answered by jlamb_2000 2 · 0⤊ 0⤋
Yes
2006-06-29 05:53:56 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes BUT only if you really know what you are doing
I was a trader for years
and I would never put my own money on the stock market or futures and options
they can go down faster than they go up!!!!
2006-06-29 05:52:48 · answer #7 · answered by Lulu Ferrari 3 · 0⤊ 0⤋
Yes. It's true.
Google started at $100.01 back in 2004 and is now $400.00
Pacific Ethanol was $10.00 in January and it was $40.00 by May.
Apple was $20.00 in 2004 and was $80.00 by January of 2006
I could go on for days.
Top 3 Answerer in Business & Finance. (Vote for me)
2006-06-29 21:08:12 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Yes,
You have to buy it when it goes public and wait till it rises.
You can make 1000%!!!!
2006-06-29 06:47:18 · answer #9 · answered by JakeS 2 · 0⤊ 0⤋
Yes, if the individual is lucky
2006-06-29 05:55:56 · answer #10 · answered by 8 3 · 0⤊ 0⤋