is investing in shares as easy as...

DJ...

Banned
Joined
Jan 24, 2007
Messages
70,287
DJK, it does not matter. I still have exposure to gold price. ABSA will not go bankrupt and duck with my shares. Also I think it is time to sell GLD. Buy again when it has bottomed. I have made a good profit.

You mentioned that you owned the bullion - I was just pointing out that this is not the case, and I indicated even in my original response that you're merely tracking the gold price. However I'm confused as to why you state that now is the time to sell gold, as 5 days ago you said, and I quote "Now is the time for GLD."

I would suggest www.imaraspreid.co.za
Now is the time for GLD. Gold price has dropped to $915 and the R$ is 10.3
Consensus from brokers is gold to reach $1200 and R$ to 13.00 soon. This is a great leverage. You score on gold price and R$ exchange. etc...

Sounds to me like you're practically day-trading without any kind of investment methodology.

See this is exactly why one should always take investment tips and advice from the internet with a pinch of salt...
 

wizdumb

Expert Member
Joined
Sep 27, 2006
Messages
2,167
i heard on 94.7 there is some or another share trading expo going on soon...

...anyone have more info on this?
 

wizdumb

Expert Member
Joined
Sep 27, 2006
Messages
2,167
^ not it, but thx, might be interesting as well...

...but i found it on jse.co.za

LEARN TO EARN

When it comes to investing, it isn't always who you know, it's really what you know.


Join us at the JSE Week Expo where you can learn the ABCs of trading shares on one of the world's most dynamic stock markets.

A host of brokers and companies will be on hand to explain their products and services. Experienced presenters will demystify the buzzwords and mystery of investing through a series of educational seminars.

It's an exciting way to turn learning into earning, so be sure to visit the expo.

JSE Week Expo 10 - 12 March 2009 : 12h00 - 18h30 : Entrance is free of charge.
 

marco

Expert Member
Joined
Aug 3, 2006
Messages
2,878
As I said, I sold GLD at $925 and it dropped. I bought again at $876. It is now $950 and going up. That's a cool 14% in a week less the drop in the $ making it 9% total gain.
Sure to head up to $1000.00 with a nominal drop in $.
 
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