Forum Replies Created
Hey Westan,
lol, dont do that… after JHX bearish action, its been a bull’s markets morning followed by a bearish afternoon action…
lol… this stock is putting the food on my table.. lol
Cheers,
sis…though im also happy to admit, that i do win and lose money on stocks, but i do cut my losses short and let my profits run…
Cheers,
sisHi Westan,
cant predict the market, but with good technical analysis, can have a better idea and depth of which way the market is moving in the next few mins and towards end of day trading…
will be buying JHX stock (again), on Monday depending on the Intraday technical analysis, even after the recent lawsuit and the 9.2% drop on yesterdays earlier morning crash… but this stock at this price is bargain buy… had a nice 20cent movement range today… and plenty of times to sell back the stock at a quick profit… with a few intraday trades on this one, small quick profits can be taken and amounted very quickly..
Cheers,
sisHi Yack,
heres a quick example of making money in the stock market…
lets say your buying some midcap shares (lets have some volitality), you might be only shares at the $1 mark, you buy $10,000 worth, you sell them a half an hour later at a 2.5% profit, doesnt sound like much, but a 2.5% increase on a $1 stock is only $1.025…
if you bought $10k’s worth, you just made $250 in about half an hour… you know the share is on an uptrend (through technical analysis) you buy the share back at a $1 and repeat the cycle, you might do 2-5 of these in a day…. lets be conservative and lets say you just break even on $1k each day so thats saying (4 wins 1 loss)
quickly after 10 days, you now have 20k… you call up your broker and ask to set up a margin loan facility, you ask for a margin lend of $20k, after 2 weeks in the stock market you have $40k… and so on…
another thing with shares and equities, you can make money in any market, as long as you know how… for eg.. bull, bear, sideway market, even you dont have to be there, just call your broker or set your conditional orders.
Larry Williams – Australian Trader, has manage to turn $10k into $2mill in one year…
William Gann – Manage to make a consistent $1mill each year and made more than $50mill and started with nothing (by the way he traded his way through the 1930)
Loiuse Bedford, Guppy, David Novac, Dale Gillham and so on and on
and pretty sure there are many other traders, online here, who dont say much, but trade on a regular basis
but anyone who invested in stocks back in the dotcom… would have made a killing, yet we dont hear much of these guys, but they were almost doubling there money every day… just like how the property market has had its good run… in the last couple of years…
Cheers,
sisHi Kay,
little off the mark there, its taking profits, (that are realised or locked in) and reinvesting those profits again…
do you remember a while back on, one of the topics, were we discussing, the movement of money like in shares….
quick example
you buy a stock a stock at $1 it goes up to $1.50 you sell it, but instead of spending the profits, you reinvest the profits, and out of those profits reinvest it again…
for me personally, the velocity of money works like this, how quickly i can put my money into a deal, get it back out and reinvest that same money and profits into a new deal or into several new deals…
a very good example of velocity of money is, when people make a capital gain in property instead of just letting it sit in a savings account, have straight back to work in a share trading account, temporaily till you can invest it back into another property, while this is happening, your money doesnt become lazy at all….
its really just making your gold coins do push ups and sit ups 24 hours a day and never giving it time to rest…. and at the same time producing more gold coins doing more pushups and situps and your just sitting back and watching everyone else work out, while you sit back and rest…
steve term of velocity of money, is more on multiplication by division and reinvesting those profits… have a read of Robert Kiyoaski book, “Who took my Money” its about lazy money vs active money
Cheers,
sisHi Yack,
you have a good point, but as a trader and property investor, you have to weigh up both sides, for example, your example was great but that can also apply to property… we cant always say that property goes up in value… and the opening and closing cost of each property deal, plus negative gearing if not done correctly and completly wipe out a years profit…
eg… lets say you buy a property for $10k and $5k for closing cost on a $100k investment property, after one year, your property is now worth still the same, your money may sit there but you still havent covered cost, or earnt any money on your investment too, another problem is, if you have negatively geared this property your running at a loss…, you might get tax breaks…
but still your in a loss position, but again depending on the investor, yes you can make money on property, but you can easily make money on stocks too…
and the same way goes round for both…. in both investment vehicles you can lose money too…
not saying anything bad… but as investor/trader… both investment vechiles have weight and arguement of why they both succeed.
Cheers,
sisa good example is imagine…
your money as cartoon characters, doing push ups and sit ups, pumping some iron and all, and instead of you having to do those push ups… its your gold coins that are doing all that hard work…
Cheers,
sisHi Guys,
Robert Kiyosaki, is a big advocate of the Velocity of Money, in many of his tapes and cassettes he explains how, really it is very easy to put use the velocity of money at work,
it simply like saying how much money will i make on this deal and how long before i can get my money back out and put it into the next deal and so on….
ie.. a good example is, you might have 500k in equity and you have a managme fund that is returning 12% its simply drawing out the money below 12% interest and investing it into something higer…
there are many different examples of velocity of money in his cassette audio tapes and cds he sells…
Cheers,
sisHi Acey,
IMHO, i very much agree with you, that there are better other investment/assets than property right now, as soon as the media hype about property bubbles bursting and property crashes occuring all that baloonie talk…
a few of us guys on the forum who network, began to start locking in profits and began to start channelling small amounts of money consistently into the stock market, and over the last few months… been having the best of both words…
… we didnt do anything, spectuclar or special, we could see where the property market was headed and were pro-active about it… the one thing that many of us who are happy about moving and channeling money in to the stock market is, were now in a prime set up position (or cashed up position) ready and waiting (but consistenly and compounding returns in the stock market) to jump back in the property market were prices, become an investors bargain…
… though i do quite agree about, there are better investments than property at the moment, if you take a long around, property prices have been going backwards in some areas consistently for the last few months…. (now thats not an investment…)
What do other people think? Property always, or the assets with the best returns? – for me, the velocity of money, where money can be made and the compound effect and continue on, in some form of profit or capital/growth appreciation.
Cheers,
sisHey Guys,
one thing that i do admittly like that Steve said, and what i always love to talk about is the velocity of money…
one thing i really love about the velocity of money and its compounding effect… is trying to imagine the following…
“a cartoon, gold coin character” in a room doing push ups, sit ups, pumping some iron weights…
and then followed by the compound effect of many other “gold coin characters” all in the same gym room, pumping up… lifting and pushing more weights, more push ups and more sit ups…
… just thinking about it, makes you want to invest harder and more smarter…
Cheers,
sisHi Guys,
Very much enjoyed steve’s seminar and meeting many other forumites, yay!,
one thing i really enjoyed about steves seminar was… no talk or anything about cutting up credit cards… (sorry had to get that off my chest), overall personally for me, it seem steve was very clear in locking your profits in now (or taking them) and the velocity of money,
one thing that personally stood out of steve and what i quite like was, there was a similar approach in robert kiyosaki books, yet it was reinforcal to hear that information… and to keep in mind that money follows management…
A Congratulations to all the Mappers!
Cheers,
sisps… and Thanks for the Seminar Steve!
Thanks Aceyducey,
lol… i dont think i can make it the next 2 hours, though will keep a check on… when the next Sydney cashflow games are on….
Cheers and Thanks,
sisHi Aceyducey,
sounds great… though, do you know if they have one in Sydney?
Cheers,
sisHi Guys,
Investment teams sound great, but personally i woudnt go there, having a network of friend or like minded people who share your ideas and who are into the investing arena, are great to talk to, but also the flow and creative ideas you learn and pick along the way… can quickly help you build on your investment knowledge…
as for teams, ive seen many friends break up due to going in JV or partnerships, if something goes wrong between either party…
personally have a network of peers, in doing so, its being a group mentor…
Cheers,
sisOriginally posted by Lucifer_au:Also I’ll just do a mini ad – I know a mate of Mr John Burley is giving a talk for one whole day about creating layers of income. Cost is $115 and dinner afterwards (there will be about 10 wrappers their, as well as a few other people – even from this forum too!).
Hi Lucifer_au,
would you have details of this such venue available, from your post, im interested in attending such an event.
Cheers & Thanks,
sisHi Guys,
IMHO, Financial Freedom = More Choices & Buys You More Time… (thats my reason)
Cheers,
sisHi Elika7264,
personally, im after the capital gain, nothing too wrong for +ve cashflow, but for me personally, i find it too slow of a game…
… as an investor, and when ever presented with deals, my first question is,
1st Question is… how much money can i make, (thats either for cashflow or capital gain)
and
2nd Question is… how long till i can get my money back out of the deal
for each and every type of investor, you will find, they have a different approach and strategy for every market…
first question you should ask yourself is… what type of investor do you want to be…
big quick returns or slow compounding returns…?
Cheers,
sisHi lil_man,
very much agree with LifeX post above… pretty much everything covered.
a good rule of thumb is, to allow an extra 5% of the sales price for the closing cost needed,
… though if this is an investment property, the more higher you gear (borrow money), the higher return, (profit created and made) from the banks money, you will end up making a substainal, but greater return, than on just your own orginal capital, put into this property deal.
Cheers,
sisHi Jet$,
what i like about the stock forums is, its more of a community, everyone is sharing which stock they bought, and which price they think everyone should enter… i know it might sound strange… that most people would be sharing this information… but this is what helps push up the share price…
what i find on the property forum boards… its all hush hush, where you bought your property till after settlement, and then some people might share, where they bought,
…but then there are many and including myself, who will stay very quite, as we will try to further pick the good deals in that area, before, sharing… so that the prices of property in that area can be driven up due to the interest of investor buying in…
but as for shares… im happy to share… (lol, i want my stock to go up..)
Cheers,
sisHi Jet$,
do you find there are more people during the daytime on the stock forums and in the evening there seems to be more activety with the property investor forums…
Cheers,
sis
