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Valley said:Good luck, hope you make $$$.
Seems a tad bit late though now, since the Wii's momentum is dying down as people buy them.
LoganSix said:Warren Buffet (One of the riches people in the world) believes that you should invest in things that you use. Go to Sears for clothes? Buy Sears stock. Drink Coke? Buy Coke stock. Play Nintendo games? Buy Nintendo stock.
It's made him a billionaire and others millionaires.
Eddienoteddy said:the point is....im 17 and any profit would be greatly appreciated. this way i dont need to find a job and i can be a full time stock trader before im 20 if all goes well. haha, thats kind of ridiculous but i like how it sounds full time stock trader at the age of 17 im not looking to make a living off buying shares of Nintendo, you know?, just enough to buy SSMB when it comes out
Digitalldj said:uhg..because his biggest strategy is to hold onto shares "forever"
the guy had so much money to begin with, when u have money you make money
He began working at his father's brokerage at the age of 11, and that same year made his first stock purchase, buying Cities Services shares for $38.25 each. He sold them when the price reached $40, only to see them rocket to $200 a few years later. This taught him the importance of investing in good companies for the long term.
I agree. Use that $1000 for something more short term.Digitalldj said:u want some good advice? go out and get a job, save up, and buy real estate if you actually are looking to make somthing of yourself, because no offense, but if u need to invest money and earn proffit to buy a Wii game, your in the wrong line of work
not to mention your plan sounds horrible.