My stock market guide!

Discussion in 'Neopets Guides' started by Blaqspade, Jan 9, 2007.

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  1. Blaqspade

    Blaqspade Level I

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    I have posted this on another forum Im on so if your there, know that Im not just copying someone elses stuff. I just thought I would contribute to this new forum Im on the only thing I know much about.

    Well Im new here and the only thing I really know how to do since im not really a programmer is the stock market....

    The stock market is a great place to invest your money because most of the people here have lots of money to spare and even the ones that dont you only need 15k a day...

    The first rule to buying stalk ONLY buy stock that is bettwen 15-20 np a share. I recomend not even buying them if there over 16 a share because most of the time they will go back down to 15 or 16 ashare the next day...

    Rule two Always buy 1000 shares of a company a day...It is recomended to not buy like 28 shares in one company 210 in another 77 in another its sort of just a waste....Some people buy in 500's but that I dont recomend it either.

    Rule three NEVER sell shares if they have gone bellow what you payed for them...Dont think just because its going down it will never go back up...because as long as you own the shares they dont go bad or anything...Except companys can go bankrupt but that has only happend to like 4 or 5 shares in all of the time neopets has been up...

    Rule four Diversify you bonds son! meaning dont only buy one stock....most good share holders own multiple thousands of shares in 20+ companys...sure if the first feew days a company is staying bellow 20 np a share buy it for a few days untill you have a couple thousand in it but then start buying in other companys...This is so that you will have a more steady flow of income...If you have only one company you might have to weight several months for it to reach "the sell point"(ill talk about this in the next section)

    Rule five, DONT sell your shares untill they reach ATLEAST the magic "sell point" This is for most people 60+np a share some even wait untill there 100+np a share....it depends alot on your style...The reason for this is there is no point putting in 100k+ into a share and selling it at 30np a share when who knows tomorrow it will reach 60+

    Fell free to add anything I might have missed And if it sounds good to me ill add it to this guide..
     
  2. GrapeFruit

    GrapeFruit Level IV

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  3. HeySendMeTheEmail

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    o_o theres one in my guide as well lol
     
  4. Blaqspade

    Blaqspade Level I

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    Ugh Sorry...I didn't think to search Stock markets is the only thing I really know much about so I was just trying to put my two cents in. Ill mkae sure to search first next time.
     
  5. xmarceh

    xmarceh Level II

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    Meh regardless I like your guide xD
     
  6. sean425

    sean425 Level II

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    Nice guild I already read the other ones though but still nice guild worth a read.
     
  7. ahi

    ahi Newbie

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    stocks rarely ever reach 100+, its better to sell at 50
     
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