Updated over 12 years ago on . Most recent reply
Stocks - $$$ Game?
I have a company 401k plan that only allows mutual fund investments so I decided to open a Roth IRA to do some stock investing.
Does anyone actively invest in stocks?
Say I have $2500
I buy *** stock and get 150 shares at $16.67 and the price goes to $20 a share. I sell and now that $2500 is $3000.
If I were to continue to invest in this way ALL of my money it would compound significantly the more I did it. I could never get it wrong or I'd lose a significant amount, but I only started with $2500 anyways...
Thoughts? Even if it is small gains rather than then $3.33 the prinicipal is the same, it would just take longer / more transactions.