Official Let's Make Some Money Off Stocks Thread
#1993
Registered User
Join Date: Sep 2007
Location: Fort Worth, TX
Posts: 3,536
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by espelirS2K,Mar 20 2009, 09:10 AM
Why not WFC to replace one of them? They aren't going anywhere.. same with BAC.
#1996
Registered User
Join Date: Jan 2007
Location: TEXAS Y'all!
Posts: 2,242
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by txchopper5,Mar 26 2009, 10:08 AM
I've over doubled my money on some WFC in the last few weeks. Good solid company.
#1997
Registered User
Join Date: Mar 2006
Location: Bay Area
Posts: 17,670
Likes: 0
Received 0 Likes
on
0 Posts
I'm trying to convince my GF to throw a few grand in the market after this rally is over, and we see low 7000's high 6000's... So far not so good .
While she makes 1% APR on her ING acount..
While she makes 1% APR on her ING acount..
#1998
Anyone play around with the 3x ETFs, particularly FAZ and FAS? I've been dabbling for about a week. Very volatile day trading instruments with potential for large quick profits, and even faster losses...
#1999
Originally Posted by Mark355,Mar 28 2009, 05:40 PM
Anyone play around with the 3x ETFs, particularly FAZ and FAS? I've been dabbling for about a week. Very volatile day trading instruments with potential for large quick profits, and even faster losses...
There is a time and place for those ultra leveraged funds. I have played around with the 3x's you've mentioned but feel there are better options which would require less hedging and steadier/more predictable return. That and I don't follow the Russell typically.