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5/25 |
1999/8/2 [Finance/Investment] UID:16226 Activity:moderate |
8/2 After hearing from my friends on how well they are doing at the stock market and watching some realy cool E-Trade commercials, I've decided to take charge of my own finance. Which broker is good and reliable? E-Trade? Datek? AmeriTrade? Also, does anyone know the actual statistic for people getting rich via on-line trading? 50%? 70%? I've researched on http://quote.yahoo.com and it seems that the stock market has no where to go but up up up! \_ I think it's more like 95-98&; at least that's what I heard in one of the chat rooms. \_ stock trading is legalized gambling. Assume, assume that no more than 50% of people currently trading actively (vs people putting money in mutual funds) "get rich". Now consider that those people tend to deal in "volatile stocks", and 9 out of 10 new businesses fail. |
5/25 |
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quote.yahoo.com -> finance.yahoo.com/? Oil at $41 All-Time High on Supply Fear Fri 4:08am ET - Reuters Oil prices hit an all-time record on Friday fueled by global economic growth and enduring worries that gasoline supplies will struggle to meet peak summer demand in the United States. No Time is the Right Time for Sub-Prime by Suze Orman My bet is that if your doctor tells you to scale back on the saturated fat to avoid a life-threatening heart disease, you're probably going to listen. Well, for the next few minutes, I am your financial doctor. To Select Great Stocks, Home In On High EPS Ratings Investor's Business Daily Decades of research show earnings power is the biggest factor in a stock's success. |