Absentia wrote:To paraphrase my economics professor, the best way for normal investors to make money in the stock market is to buy index and mutual funds and sit on them. Trying to outsmart the market these days is crazy because you're competing with buildings full of math postdocs with supercomputers and more data than you ever knew existed. If there's a stock that's undervalued in any perceivable way, they'll perceive it and buy it up before you can finish blinking.
Trying to pick winners Jim Cramer style is like playing poker against the best players in the world while wearing a blindfold, and also some of the players are probably cheating, and also every time you make a bet you have to pay a commission to some middleman. This is why Jim Cramer makes his money by being on TV and not as a day trader.
Windy wrote:TEACH ME HOW
satan_n_stuff wrote:I'm seriously considering putting some money into Ubisoft. Bound to be better than a savings account, which I don't have because of archaic tax laws.
It would appear that I could use this to support the Guillemot family in some small measure to try to keep Ubisoft taking risks to make actually good games rather than the safe generic exploitative games Vivendi would have them make.
It's a bigger vote than I get for national elections anyway, plus I'd actually be making some money on my savings for once.
Cobra-D wrote:satan_n_stuff wrote:I'm seriously considering putting some money into Ubisoft. Bound to be better than a savings account, which I don't have because of archaic tax laws.
It would appear that I could use this to support the Guillemot family in some small measure to try to keep Ubisoft taking risks to make actually good games rather than the safe generic exploitative games Vivendi would have them make.
It's a bigger vote than I get for national elections anyway, plus I'd actually be making some money on my savings for once.
I was gonna buy EA stocks while they're low, actually talking about EA was the reason we started talking about starting to trade stocks.
Windy wrote:TEACH ME HOW
Tesseracts wrote:In this age of falsehoods and lies, it's comforting to know some people are genuinely idiots.
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