Those two are good kinds. But one is better than the other depending on what kind of person you are, a risk taker, or playitsafe.
I prefer to play it safe. I've invested in savings bonds and other methods IRL, generally sticking to low-risk investments. I'll probably end up investing in Mutual funds when I'm eligible. Maybe if I had a large amount of money IRL/in-game, I'd invest in more high-risk high-return options.
I invest when I feel like I know how the market will change, but I invest every last penny I have in these situations. Invest big and go for it, but have a good reason/sound logic for doing so.
I would suggest investing in TD Waterhouse, I purchased 30,000$ worth of the stock back in August of 2010 at 32$ per share, the stock is currently peaking at $100~, if I were to sell out I'd roughly make 70,000$. The stock is flocculating nicely right now and is presumed to be going up over the next 6 months, it's a safe investment in my perspective.
I am not much of a risk taker and only invest the money/materials that I will not miss should the investment fail.
Is that what my current birth date is set to as of right now? Hm, that's strange, should say February 17th, 1990.
Thanks for sharing this information. Would you mind telling us what the stock ticker is for TD Waterhouse and what exchange it trades on? I could only find NYSE: AMTD which closed at $33.74 - Although this has been recently rated as a strong buy. I think that it is awesome that a 13yr old had the forethought and finances available to invest 30k. I would suggest highly to consider other investment opportunities such as gold/silver and to diversify your holdings amongst various industries and even countries to limit your potential losses. Wishing you success!
I think he used TD Waterhouse (The Canadian branch of Ameritrade) to invest his money as a brokerage firm. And whatever he bought with them has the numbers he is showing. I do not think it was one particular stock.
Depends, if I have no goal at that moment, I'll drop 50k in the lotto. Currently, I'm not high rolling as I'm working g towards pres. Usually the risky kind tough.
I'm not 13 years old, I'm 24, and the money I invested came from my grandfather who happens to be extremely wealthy, although he did gift me this money on the terms that I've been playing the stock market since my 13th birthday, but not to such an extreme of 30,000$. Also the stock recently split which is how I managed to essentially triple my money. I'm still yet to sell my shares because I think I'm going to be holding onto them for awhile yet.
