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and move on to something else, what did you move on to? did you realize that the market is just another rip off by the government.

2007-09-10 11:52:23 · 2 answers · asked by userx 2 in Business & Finance Investing

2 answers

My first stock market purchase was $300 of Pan American Airways. I lost it all. As an employee of United Airlines, I lost $100,000 in their mandatory Employee Stock Option Program (ESOP). Since then, I have made enough money in stocks and bonds to make a big difference in my retirement. Historically, the stock market earns about 6% annually. A good long term investor will do better than the average.
Ripoff by the government??? What are you talking about? The majority of working and retired Americans are making money through their 401k plans, and other financial plans based upon the stock markets. If we can keep the Bush tax cuts about 100% of the country will be better off, directly or indirectly.

2007-09-10 12:32:22 · answer #1 · answered by Menehune 7 · 0 0

My biggest loss was in Optionable, OPBL.OB. My biggest gain was Tower Tech, TWRT.OB - they make wind towers - great company.

http://www.top10traders.com/ViewHolding.aspx?symbol=TWRT.OB

2007-09-10 14:57:32 · answer #2 · answered by Anonymous · 0 0

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