Quote:
Originally Posted by BillyHoe
yes, and yes. The key is to watch the market like a hawk, and you need to research the companies you're buying in. Takes alot of time, but sometimes the return is worth it. I had a friend turn roughly 500$ into just over 100k in a span of 12 or 18 months. I haven't had that much success but I usually double what I invest.
However I haven't played in the market since 2008 when all the shit hit the fan, so might be different now.
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What he said. Just realize you have about as much chance of winning the lottery as you do of finding a winning stock. But yes, if you do your research like a mad man, then your chances improve significantly. As an investor, I wouldn't waste my time on it though.