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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: EyeDrMike who wrote (60754)3/10/1999 9:27:00 PM
From: RedCrystal  Read Replies (2) | Respond to of 119973
 
Don't exaggerate, he had a 5% return.

5%. That's all. 5%. Do you know what 5% is backwards? It's, err, 5%.

All that awesome knowledge, and he is up 5%. Better yet, over the last 10 years he beat the S&P by only about 2%/year. After taxes, you would be much better off to put your money in an index fund and leave it there. All that awesome knowledge of stock market mechanics amounts to 0.