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Old 03-22-2012, 03:21 PM   #7077
MindBomber
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Quote:
Originally Posted by Iceman-19 View Post
I would have already impulsively bought it but I'm tapped. Changed my mind again and bought 15k shares in HBK.

Not sure why buddy got his panties in a bunch about what stocks I buy for ME. Weird.
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I know, I don't post in this thread.

I don't have enough experience to build much on what Strykn, Jason and Mark post. I have been investing relatively casually with smallish amounts for five years, since I was nineteen. I religiously read this thread though, because there is some great advice given out in it, and honestly, your posts have stood out a bit, Ice.

I agree with Sky_High, I think your current approach of making impulse purchases based on what other people in this thread are buying will not result in long term success. It is almost certainly not an approach that will make you rich, as you stated was your goal a few pages back. My panties aren't in a bunch, you could light cigars with hundred dollar bills for all I care, it's your money. It's just a bit of constructive criticism from someone with possibly slightly more, although admittedly also limited experience.

How many stocks are you currently holding?
The importance of diversification is often lost on new investors, holding only one or two stocks magnifies overall risk exponentially, something to consider.
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