| ♦ REFRESH to rotate MAAMAW'S CLICKY NOTES thru this space..... Timely Tips, Best of the Boards & More ♦ |
Be sure to visit the Current Message Board when you're finished here. We're very friendly, so don't be shy... just jump right in and post your question. Scams outnumber legitimate biz ops about a bzillion to one, so it's well worth your time. |
| | View Thread | Return to Index | Read Prev Msg | Read Next Msg | |
|---|
FIB - Scams 101 - Ye Olde Archives
Posted By: Mel. White <cyberwizard@spamcop.net> In Response To: Time on my hands, BUT.... (Vigilant24-7)
Sunday, 12 December 2004, at 4:57 p.m.
We're in about the same boat.
DRIP (Dividend Reinvestment Programs) is a type of investing that you can do in the stock market through any broker. DRIP programs can start with as little as $25-$50 (or much more.) When the stock makes a dividend, they roll that money back into buying more of the same stock.
So this is a "buy and hold" type strategy.
What you do is study the stock market (since you're in railroads, I know you know something about the companies and the suppliers and the movers of freight.) Buy companies you know about, and invest a modest amount each month. Don't go trying to make any quick turnarounds in profit because that's the wrong thing for a newcomer. Look for quality companies ("name brand" companies) and invest in those.
DRIP brokers are cheap to trade with, but the kicker is that it will take hours for that "sell" marker to go through (or the "buy" one.) You don't want to be in stocks that run around like a squirrel on espresso.
The broker I use ($6.00/month for 3 trades) is BuyAndHold (www.buyandhold.com) and the strategy I use is Dogs Of The Dow (they even tell you who the dogs are): www.dogsofthedow.com
Until you find that golden business, I recommend you do a little investing. I've put in about $2k and grew that to $2,500 over two years. It's not the earth and the stars, but it beat rates on the CDs and on savings accounts.
But don't go off and plunk down mony this second. Go read Motley Fool (www.fool.com) about DRIP investing and so forth. I think it'll serve you better than any other business, given your schedule.
| | View Thread | Return to Index | Read Prev Msg | Read Next Msg | |
|---|
FIB - Scams 101 - Ye Olde Archives is maintained with WebBBS 3.11.
|
| PLEASE READ THIS LEGAL NOTICE CAREFULLY BEFORE YOU FILE A LAWSUIT OR EVEN WASTE TIME THINKING ABOUT IT. It has been done before, but never successfully. In fact, the last dodobird who tried it ended up being ordered to pay more than $77,000 in attorney fees ($65,000+ to my attorneys and $12,000+ to my co-defendant's legal advisor).
If your attorney is worth his salt, he's going to tell you that the expense of filing a lawsuit you can't win is a whole lot worse than any "damages" resulting from messages posted on this insignificant little chunk of cyberspace. NEWS FLASH: I didn't just climb down off that ol' turnip truck yesterday. I'm well aware that expressing a negative opinion, relating one's personal experience, and restating provable facts are all legal in this country and do not constitute libel, slander, or defamation -- so you don't want to play games with me, and you sure don't want to start something you aren't prepared to finish. I don't take threats lightly, and I don't accept bribes (or did you call it a "mutually-beneficial arrangement"?). I'll turn you in faster than you can yell, "ARREST ME, I'M SCUM!!" Do yourself a favor and turn your legal team loose in greener pastures. Although we may, from time to time, monitor or review discussions, postings and the like on the Friends In Business (Scams 101) Message Board, we are under no obligation to do so. We are not responsible or liable for any claim arising from the content of any such discussions or postings or for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information contained within such locations on the Site. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane materials or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. You are likewise prohibited from posting any false claims against any company or individual. We will fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity of anyone posting any such information or materials. By posting messages and/or content on the Friends In Business (Scams 101) Message Board, you give permission for Lesley Fountain/Friends In Business/Shoestring Success Publications to display, distribute and use the posting and content for publication, advertising, promotion, excerption or example. You grant Lesley Fountain/Friends In Business/Shoestring Success Publications complete, perpetual, but non-exclusive rights to use, archive, reproduce, adapt, modify, distribute, sub-license, repurpose, rework, compile, or offer for sale or resale the messages, postings or content appearing on this site in whole or in part, throughout the world and universe, on a royalty-free basis without remuneration. If you cannot accept or agree with the terms of service for this website and discussion board, you are advised not to post on this board. In closing, I would like to remind you once again that it is still legal, in this great country of ours, to express a PERSONAL OPINION, as long as it is presented as opinion and not as fact. And finally, all you scammers out there will do well to remember that TRUTH IS AN ABSOLUTE DEFENSE against charges of libel, defamation, and slander... so if you're operating just a hop, skip, and jump ahead of the law, you might want to think twice before doing anything stupid... (AND SHAME ON YOU!!). |