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I have spoke to many people that claim they are millionaires from the stock market without disclosing how they did it. If you have made millions from the stock market please share your tactics here. What stocks would you recommend, what investment company (e-trade, ameritrade, etc)? Do not answer if you haven't made millions in the stock market!

2007-02-09 02:37:58 · 2 answers · asked by builtandsexy 1 in Business & Finance Investing

2 answers

Those who made millions had good luck. There are just as many who lost their shirts.

2007-02-09 04:48:26 · answer #1 · answered by Anonymous · 0 4

If I may speak for 2 of the most successful investors in the world, Warren Buffet and Peter Lynch--- buy low, don't sell (unless fundamentals have changed). Buy what you know (do lots of research, find good companies you would like to work for, in other words, will it be around in 40, 50 years so I can make a good career here). Time in the market, not market timing is the key to successful investing.
As for me, I would recommend stocks that make products used the world over, used by many people, used every day, used up quickly and bought again. Things like soap, toothpaste, oil. Many, many years ago I bought stock in an oil company. With stock splits over the years, my original cost was $7.83 a share, now they go for $75.00 a share. As a plus, they have increased dividends most every year since I first bought it so while I am waiting for the price to go up even more, and the time I will need the money, I am getting over 16% return (on my original investment) via dividends each and every year + the return on the rising stock price.

2007-02-09 03:27:02 · answer #2 · answered by gosh137 6 · 1 0

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/vt2dY

2015-02-15 07:14:10 · answer #3 · answered by Anonymous · 0 0

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/6dkNW

2015-02-15 09:46:34 · answer #4 · answered by Anonymous · 0 0

do you know Mr w.d.gann? i have studying his theory for a long time
and will make uncountable money in future.he was a speculative king by trading cotton and wheat.you must read his book 'the truth of the stock tape' or other his book. you must get understand the stock market before you consider the investment tactics.i have made my breakthrough trading in warrant market.it can get fast money and didn't need much capital. around HKD 5000 enough get in the market.if the market volatility is wide just like recently.it can make three to four times profit in a short period.

2007-02-09 06:04:33 · answer #5 · answered by brucetse23 1 · 0 0

RE:
How to make millions on the stock market?
I have spoke to many people that claim they are millionaires from the stock market without disclosing how they did it. If you have made millions from the stock market please share your tactics here. What stocks would you recommend, what investment company (e-trade, ameritrade, etc)? Do not...

2015-08-05 17:37:13 · answer #6 · answered by ? 1 · 0 0

In binary options you will have the possibility to predict the movement of various assets such as stocks, currency pairs, commodities and indices. Learn how you can make money trading binary options https://tinyurl.im/aH4wB An option has only two outcomes (hence the name "binary" options). This is because the value of an asset can only go up or down during a given time frame. Your task will be to predict if the value of an asset with either go up or down during a certain amount of time.

2016-04-22 15:16:55 · answer #7 · answered by Anonymous · 0 0

I'm a technical trader and mostly trade derivatives of stocks rather than the stocks themselves. Yes, it is possible to make millions on the stockmarket tradings, people do so every day. If your analysis are done well, then you'll usually score some profits.

2007-02-09 03:32:16 · answer #8 · answered by Muga Wa Kabbz 5 · 0 3

buy low and sell high

2007-02-09 02:50:55 · answer #9 · answered by JL 1 · 1 0

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