Well, sure, its possible, but not assured, by any means. A one-year timespan is not enough to have any reasonable certainty of having positive returns on stocks. Unless you have a longer time horizon, stocks will be riskier than you might prefer. I still prefer them over most other kinds of investments, but would be much more comfortable recommending them to you if you were looking for an investment for at least 3 to 5 years, and preferably 10 or more.
2006-07-09 16:30:49
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answer #1
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answered by Anonymous
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To add to the other good answers, remember to make yourself familiar with short and long term Capital Gains Tax.
If you hold stock less than a year, you are taxed at a higher rate than if you held it over a year. The rate depends on your AGI etc.
2006-07-10 01:06:18
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answer #2
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answered by Anonymous
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If it goes up & you sell it..... there's the profit!
Suggestion: read 2-3 books on investing.
2006-07-09 23:07:43
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answer #3
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answered by Common Sense 7
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There could be crocs in the water. You have equal chance of losing money. Without experience, research and full time attention, I would suggest that you better place your money in CDs (cash deposits), they are giving pretty decent yields these days.
2006-07-09 23:53:18
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answer #4
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answered by Kee 2
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For example:
If you bought Hansen Natural Corp @ $39.57 and sold @ $210.88 - actual high and low in a year.
1000 shares would have made you $171,310.00 not bad for a years work. yeah I know ..... if you only knew!
2006-07-09 23:27:02
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answer #5
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answered by anonymous 2
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Come on!! You can make money in one hour in the market. But you could also lose money in an hour or a year. WORDS OF WISDOM, "THE MORE YOU LEARN THE MORE YOU EARN". "THE GREATER THE RISK THE GREATER THE REWARD"
2006-07-10 00:11:38
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answer #6
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answered by geotom 3
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Buy low sell high.
2006-07-10 01:13:10
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answer #7
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answered by marketwizard 2
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zacks.com
or
valueline.com
2006-07-10 03:06:58
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answer #8
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answered by Axiom 3
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