murchr wrote:Not all stocks give back 25%, if one has an investment giving back 25% well and good. We all cant keep up with stocks rem others are not able to interprete the accounting books as others can do.
I am not saying everyone should do stocks. That's not the point. I am saying it is possible to make 25% (and higher) per year for those interested.
Someone insisting that it is not possible to make 25% per year in stocks just because he is not interested or does know how is the same as a villager saying it is not possible to be paid Kshs. 5 million plus a week to play football just because he hates football, is not good at it or has never left the village.
There many ways of making money. choose the one you are happy with. For example there are many people who will tell me they make much more money in forex trading than they would ever make in stocks. And they are probably right. I should not start saying it is not possible just because I am not good at forex trading or I am not comfortable with the risk profile.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.