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Old 03-20-2008, 11:18 PM   #11
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Originally Posted by Richi View Post
I had $9,500 for a while, at about 80% profit, now down to $5,600, but my profile still says $0.00.


How come?



Do you get it?
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Old 03-20-2008, 11:38 PM   #12
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I fucking wish I had sold when I had those 35% gains! Oh well, time to buy....

I've been saying we're entering a recession since September or October, which is why I've only bought gold. Wish I had the kind of change to actually invest this....somehow I think I am learning.
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Old 03-25-2008, 04:24 PM   #13
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I fucking wish I had sold when I had those 35% gains! Oh well, time to buy....

I've been saying we're entering a recession since September or October, which is why I've only bought gold. Wish I had the kind of change to actually invest this....somehow I think I am learning.
We are entering a recession. Sucks cuz if gets worse we can go into another depression
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Old 03-31-2008, 03:32 PM   #14
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I fucking wish I had sold when I had those 35% gains! Oh well, time to buy....

I've been saying we're entering a recession since September or October, which is why I've only bought gold. Wish I had the kind of change to actually invest this....somehow I think I am learning.
In order to make money off gold, you have to buy during prosperous times, when the price of gold is low, and hope that something really catastrophic will happen in the world, and that to me is rather perverse.

Last I checked, gold was $1000/oz.. It was $250/oz. back in the 1990s, and that's when I bought a couple coins from the Canadian mint as a little investment experiment. But year after year, the price of gold did not budge very much compared to the stock market. So I sold it back in the early 2000s. To compound this mistake, I also sold my bonds and went into stocks just when the stock market began slipping. Now, 20% later, I have to hold on tight and just hope things get better.

My best investment of all, the one I have never once regretted (no, not mj, though that would have been a nice one, judging from oz. prices in the USA)... I-bonds from the U.S. treasury. They have returned a tidy 4 to 5 percent interest per year, and the taxes are deferred until redemption. In a time when the stock market is losing money, a nice little return of inflation-adjusted interest is pleasant to contemplate.
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Old 04-15-2008, 02:52 AM   #15
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Anyone experiencing weird things with the stock market on MJ.com? For some reason, stocks that I bought a couple weeks ago are all now reported to be literally worthless... I lost more than 700 grams. I don't get it.
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Old 04-15-2008, 03:11 AM   #16
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Anyone experiencing weird things with the stock market on MJ.com? For some reason, stocks that I bought a couple weeks ago are all now reported to be literally worthless... I lost more than 700 grams. I don't get it.
http://www.marijuana.com/marijuana-c...rket-page.html
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Old 04-15-2008, 04:44 AM   #17
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Ah, thanks Tro. Any idea when it will be running correctly again?
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Old 04-17-2008, 03:12 PM   #18
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The real market has been shit because of the economy. It stands to reason people will feel the hit here too as it's based on the real stock market. At least I think it is, but I'm not 100% sure. All my grams are not in the stock market, so I don't pay much attention.
I completely agree.
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