Is it the constrcution industry - building houses ? 100% returns?
Is it the stock market?
Is it forex trading?
2006-08-29 18:52:03 · 4 answers · asked by G360 1 in Business & Finance ➔ Personal Finance
Oh what a question. Ok I'll do my best. The construction industry has taken a hit last month. Housing starts are down 4% and home depot has had one of the worst months ever.
Please bare in mind that you can make money on something that is going down as well as going up. Also remember the more leverage you have the more risk you take but the more you stand to make. I'd walk away from the construction industry right now but to each his own.
As for the stock market once upon a time etrade had a paper trading acct. contest. They let you have a bunch of money to "play" with. At the end of the month you win a prize if you made the most money for that month. In the stock market group, the winners tended to run around 200% gains in a month. However the options traders, who were winning ran about 400%.
Forex trading has the most leverage so the most risk and the most profit.
How much risk do you want to take. If your a high roller you may want to start trading options and work your way up if you last that long.
You may wish to find a stock that pays a dividend so you have some growth from the dividends. Then sell options agains the stock. This tactic is called a covered call. I recomend you do some reading before you begin.
You may also wish to consider the rule of thumb that a stock goes down at twice the rate it goes up. So buying puts on a stock headed into the craper may also be a good tactic.
Yahoo finance has many stock screeners and if you learn enough about balance statements you may do well with those. I use them all the time.
If you use options yahoo also has lots of options info as well.
Judging by your question and they way you worded it, I'm guessing your new to this. Get some books and do some reading. Learning to trade is THE most profitable thing you will ever do IF AND ONLY IF you lean how. Go into this ignorant and guys like me will own your money.
Warren Buffet, got about half of all his wealth doing covered calls on one stock. He just bought my utitlity company. He bought the whole thing. He started as a dock worker. You can make more money trading (IF AND ONLY IF YOU KNOW WHAT YOUR DOING) than any Holleywood star or pro ball player. Warren buffet is the second wealthest man in america, right behind bill gates.
Educate yourself. There is a lot more to investing that is asked in your question. Get some books and do some reading. Lots of reading. Then paper trade.
Recomended reading,
Buying Stocks Without A Broker
by Charles B Carlson CFA
How To Make $1,000,000 In The Stock Market Automatically
By Robert Lichello
Using Technical Analysis
By Clifford Pistolese
This one is a snore but if you can prop your eyelids open, and get through it, you will begin to see some success in your paper trading. After a while you will get the hang of it. The single biggest thing I have found is to take it slow and look at charts with several time frames. You need to find out what "Time" of trader you are. You will understand after you read the book. Are you trading second by second and week by week or month by month?
also All About Options From The Inside Out
By Russell R. Wasendorf and Thomas A. McCafferty.
This one is hard to follow but take it slow. You may wish to read anything you can find at the library by Wade Cook. Never buy anything from Wade Cook. He makes more selling wade cook than he does investing I suspect. However he does a good job of explaining options. After you read his work on options then reread the book above. It will make more sense then.
You will discover other books along the way but that should get you started. Good luck
2006-08-29 19:41:23 · answer #1 · answered by john d 3 · 1⤊ 0⤋
nothing has 100% return. and all the info you'll find on returns is on PAST PERFORMANCE. no one, not even the most highly-education, highly-paid forecastors can predict what happens.
the construction industry has its own problems right now with housing slowing down and interest rate rising.
the stock market encompasses all the public companies, so by definition, you can't get above-average return on it because you're looking at all the companies.
forex trading is a multi-trillion dollar business that employs supercomputers and super human genuises that trade in $10M lots. Forget about making money on that unless you're counting on being lucky.
2006-08-31 13:34:42 · answer #2 · answered by bt9906 1 · 0⤊ 0⤋
Try this site: http://www.smartmoney.com/marketmap/
It will show you (for a given period of time) what the performance on the various market sectors has looked like.
Good luck!
2006-09-02 20:54:00 · answer #3 · answered by Quick2Answer 3 · 0⤊ 0⤋
check investors business daily.
2006-08-30 02:23:45 · answer #4 · answered by zcew1843#@0 2 · 0⤊ 0⤋