If you had $1000 to invest....

Ask us anything. Cambodia Expats Online has a huge community of long-term expats that can answer any question you may have about life in Cambodia. Have some questions you want to ask before you move to Cambodia? Ask them here. Our community can also answer any questions you have about how to find a job or what kind of work is available for expats in Cambodia, whether you're looking for info about Phnom Penh, Siem Reap, or anywhere else in the Kingdom. You're also welcome to ask about visa and work permit questions as well, as the immigration rules change often, especially since COVID-19. Don't be shy, ask CEO's community anything!
User avatar
bossho
Aging Tweaker
Posts: 622
Joined: Thu Oct 24, 2019 6:03 pm
Reputation: 276
United States of America

Re: If you had $1000 to invest....

Post by bossho »

Yes, amatuertrader I have a question.
Are you living here? Why jump in on this topic as your introduction ? Are you saying you use $1500 to day trade and only $1500? I

Oh, yes, welcome to this forum.
ssian
Expatriate
Posts: 198
Joined: Fri Feb 21, 2020 11:55 am
Reputation: 31
Cambodia

Re: If you had $1000 to invest....

Post by ssian »

Are you kidding me?
$1000? or you meant $100,000?
User avatar
Kammekor
Expatriate
Posts: 6347
Joined: Fri Sep 01, 2017 12:50 pm
Reputation: 2904
Cambodia

Re: If you had $1000 to invest....

Post by Kammekor »

amatuertrader wrote: Wed Jul 22, 2020 9:20 am Roz;

I have been an active stock market day trader with only $1500 most of this year.
It's great fun and I'm doing quite well.
If you are still interested I can tell you what I am doing.

I'm not an advisor, not a professional but I did work at the Boston stock exchange years ago and know a few things about the market.
I can tell what I am doing but you have to make your own decisions.

Any questions before boring everyone?
1,500$? Really? Even if you made 5% every day (highly unlikely) you’d have less than 70$ a day after fees.
User avatar
Kammekor
Expatriate
Posts: 6347
Joined: Fri Sep 01, 2017 12:50 pm
Reputation: 2904
Cambodia

Re: If you had $1000 to invest....

Post by Kammekor »

rozzieoz wrote: Sun Jul 12, 2020 6:25 pm I was really hoping to have at least a grand saved by now - after becoming single and no longer having to support my ex and his other girlfriend <cut>
You must be close to perfection.... for ur ex...
User avatar
phuketrichard
Expatriate
Posts: 16761
Joined: Wed May 14, 2014 5:17 pm
Reputation: 5721
Location: Atlantis
Aruba

Re: If you had $1000 to invest....

Post by phuketrichard »

a friend of mine inherited about $150,000 and he put $100,000 away
and has been playing the market ( day trading) for over 3 years now with the rest
I've asked him how he does and he says
he breaks even, but enjoys doing it>> :-)

Another does puts and calls and spends 8 hours/day and makes $20-25,000 a year on $100,000 buy in
averaging it out over 30 years

$1,000.... not worth the time
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
explorer
Expatriate
Posts: 2417
Joined: Sat Apr 14, 2018 9:37 pm
Reputation: 768
Australia

Re: If you had $1000 to invest....

Post by explorer »

amatuertrader wrote: Wed Jul 22, 2020 9:20 am I have been an active stock market day trader with only $1500 most of this year.
It's great fun and I'm doing quite well.
If you started the year with $1500, and were doing quite well, you might have $2000 by now.
## I thought I knew all the answers, but they changed all the questions. ##
User avatar
Phnom Poon
Expatriate
Posts: 1795
Joined: Wed Jan 16, 2019 5:44 pm
Reputation: 892
Kiribati

Re: If you had $1000 to invest....

Post by Phnom Poon »

if you only have 1500, you use it as margin

it's gambling; a couple of bad trades would wipe you out
but running good ones can return many multiples of your stake

.

monstra mihi bona!
explorer
Expatriate
Posts: 2417
Joined: Sat Apr 14, 2018 9:37 pm
Reputation: 768
Australia

Re: If you had $1000 to invest....

Post by explorer »

Phnom Poon wrote: Wed Jul 22, 2020 6:51 pm if you only have 1500, you use it as margin

it's gambling; a couple of bad trades would wipe you out
but running good ones can return many multiples of your stake
That's true. Take out a margin loan. Wait until you are very confident in what you are buying, then buy in. When you get to $5000, get rid of the margin loan, and trade the less risky way. Know you could very easily lose it all with the margin loan.
## I thought I knew all the answers, but they changed all the questions. ##
User avatar
Bitte_Kein_Lexus
Expatriate
Posts: 4421
Joined: Sun May 18, 2014 7:32 pm
Reputation: 1325

Re: If you had $1000 to invest....

Post by Bitte_Kein_Lexus »

You could lose everything with or without the margin...
Ex Bitteeinbit/LexusSchmexus
User avatar
Phnom Poon
Expatriate
Posts: 1795
Joined: Wed Jan 16, 2019 5:44 pm
Reputation: 892
Kiribati

Re: If you had $1000 to invest....

Post by Phnom Poon »

margin speeds it up
time is money, right?

i think i recommended gold when it was much cheaper
it's right now attacking the previous high
if it doesn't break this time, it will soon

shame about your savings

.

monstra mihi bona!
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Amazon [Bot], Bing [Bot], BongKingKong, Gazzy, J. Visiting, JJ62, krisduncs, Majestic-12 [Bot] and 228 guests