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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (3214)	2/25/1998 9:53:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 12617

One thousand will never by enough to make into $50,000. $300 is not enough do anything but perhaps come up with the beginning of a learning experience for you. BUt your options ore very limited here too. IMO investors need at least $20,000 to begin serious investing and they will not start seeing significant results until they hit a value of at least $60,000 to $80,000. I would not trade seriously with anything less than $50,000. People came to these amounts of money by aggressively saving their money. Meanwhile, they may have placed their money in a mutual fund to help them out, or purchased solid blue chip stocks through what is termed as a DRIP plan with companies that allow for this type of purchase of their stock. No matter how you "play your cards" right, it is very, very unlikely for $300 to become $10,000 little alone $50,000. The odds in doing this is to a large extent against you. So the best you can hope for out of this is a $300 learning experience. Bob Graham