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#21
05-18-2005, 06:40 AM
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Re: If you had $5000 cash to invest
I am young and stupid so here are my questions.
1) What is an index fund? 2) Adios- why would you not recommend mm funds? 3) I have about 5k to play with as well- better to pursue low-mid level texas hold 'em, bonus hustle, etc. (assuming I am pretty good) or to pursue alternative investment routes such as the ones discussed in this thread? Hec, maybe Ill just throw it all into Ford! 4) How do you buy a house with 5k? Also, I was reading that book by the Japanese guy who does the Rich Dad, Poor Dad, and I believe his rich dad says that owning a house is not really your greatest asset, but is instead a liability. Why does he say this, and Ray Zee how would you respond? Can I buy a house anywhere in the US for 5k? 5) blackjack, poker or the lotto? 
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#22
05-23-2005, 06:03 PM
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Re: If you had $5000 cash to invest(easy)
Two chicks at the same time is a decent investment...Checking out my boxing picks in the sportsbetting forum even better...But if you wanna turn that 5K into 50K in less than 5 years, become intimate with a low priced stock and get very familiar with its seasonal fluctuations...Right now HEC is about the best candidate for turning your money big...Its an oil company with plenty of cash and lots of future opportunities...Its trading @ .42 today...I am always on the lookout for these types of companies that trade cheap and have almost no chance for bankrupcy. Remember NT (nortel)??? I knew that the canadian government would never allow it to go under, picked it up @ .45 in 2002, sold it for $8 a year and a half later....
Easy $, Indiana
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#24
05-24-2005, 10:48 AM
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Re: If you had $5000 cash to invest(easy)
Lost?? Apparently you aren't reading my posts carefully or you don't follow the market...I have made over 60% already this year on this stock. Bought in @ .4 sold @ .57 and rebought again and sold again...I am back in again @ .4 25K$$ and it hit .44 yesterday...
Indiana
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#25
05-24-2005, 02:35 PM
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Re: If you had $5000 cash to invest(easy)
By lost money, I do not mean the stock went down, I mean the company lost alot of money during 05, according to the 10-Q. Also, why is there no chance for bankrupcy and also why is this the "season" to buy this particular stock?
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#28
05-26-2005, 06:36 PM
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Re: If you had $5000 cash to invest(easy)
I am lazy so I'll be brief...This company has over 12 million cash, tons of oil fields yet to be dug, and a lot of their oil comes from local sources....In addition, revenues are growing, cash is growing, not to mention the rising demand for oil in China...HEC is free $$ period...I also have models that predict its fluctuation in price...that is how i am making $$ on it...face it, how much lower than .4 will it go?? I have spoken to the financial reps of the company and they feel strongly that buyer boycott of this stock is responsible for the low price and nothing else...this is changing and the stock will eventually go much higher...Believe me, I have been trading companies like this for years and this is one of VERY few that are guarantees...Did I mention that its already on the AMEX with avg daily volumes over 1 million? AMEX stocks are rarely delisted, so that aint a threat like it is for most NASDAQ and NYSE stocks...
Indiana
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#29
05-30-2005, 09:51 PM
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Re: If you had $5000 cash to invest
I agree with jayson. Roth IRA great tax free ira account. GM has hit bottom and his undervalued currently. I'm also looking at AZ to buy soon. Currently the biggest profit gainers in my portfolio are csco and intc.
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