Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (3409)	4/30/2002 9:58:13 PM
From: d:oug	Respond to of 39344

Yes, the key to make money out of my monkey will require that i up the upper range of $1 US. As i mentioned, the path i took to gather a basket of companies to invest into was to venture like that little innocent girl into the big bad wolf woods, to grandma's house, and visit threads to individual companies. Found i did seven little people of punny names like sleepy and sneezy and sleezy, living in a house made of cookies and candy, with a grandma of Have Broom, Will Travel. ok, Bad Method, to collect new names. New & Very Improved Method is to take paper & pencil and do View Next 10 of posts on this of Russ's Party thread, and collect names and trading symbols, with a few View Previous 40 until get back a few weeks from today or the day actually do this, and then doc price per share and collect into basket those 5 - 15 of lowest share price. (Example, using made up simple rounded example) 3 companies share prices of A $0.10 B $0.25 C $1.50 investment cash total of $90.00 (Method 1) equal cash into each as, $30 into each get 300 shares of A 120 shares of B 20 shares of C (Method 2) equal number of shares of each using mumbo-jumbo word "weighted" (step 1) first add up the cost to buy one of each A $0.10 B $0.25 C $1.50 (step 2) to get .10 + .25 + 1.50 = 1.85 so, each $1.85 of investment cash buys 1 share of each and we have $90.00 cash so, 90/1.85 = 48.6 and keeping it simple, we will buy 50 shares of A $0.10 cost $5.00 50 shares of B $0.25 cost $12.50 50 shares of C $1.50 cost $75.00 with before E*Trade commission of $19.95 for each of about $60.00 which will not be a factor once the real investment cash becomes more real, as in bigger, the above 5 + 12.50 + 75 = 92.50 cash investment of $92.50 for 50 shares in A, B and C or, for each $100 you get 50 shares of each with that "weighted" meaning the higher current share price, the less risk, but also less multiple as in double etc. d:oug w/ i like method 1 of equal cash in each