Your Questions About Money Making Stocks

John asks…

are all of these money making penny stocks sites real or fake?

well these are suggestions some people gave me….and i am wondering if they are real or fake…or if their is really a good one to look into….thanks
http://www.OnlineBusinessMall.com
http://biznass.0fees.net/
http://prograssivejobs.com
www.all-investing-money.co.cc
forexmaza.com
http://stock-day-trading-robot.blogspot.com/

John answers:

Yes, most of them are. Basically they get your email address and sell it. Rarely do they actually have a stock that is successful. I have found one site that give you good advice rather than telling you to buy. Http://stockinvestingchat.com Its a chatroom were you can ask questions and get advice.

Nancy asks…

What is your best strategy to make money with stocks?

I’ve been reading a lot of stock books lately, and I feel a bit overwhelmed with all the info and strategies. I’d like to hear from others what is their best advice and strategies on investing and making money in the Stock market.

For example, sell if it goes down 10%; sell stock in the first hour of the trading day; buy stock in the last hour of the day; use covered calls; buy puts; etc.

Thanks. Hopefully this info can be helpful to others as well.

John answers:

There is no good evidence that any of the strategies you mention really work. There is a lot of nonsense written out there. Your best best is to buy and hold a diversified portfolio of stocks. Studies show that people who buy and hold do better than those who trade a lot. For most people buying no-load low-fee mutual funds is the best way to invest. Read some of these links:

http://www.vanguard.com/VGApp/hnw/planningeducation
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetallocation.htm
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin_investing
http://finance.yahoo.com/funds/basics

Sandra asks…

What has better odds of making money Penny stocks or casino black jack?

John answers:

Depends on the penny stock.

Laura asks…

If everyone is making money in the stock market, where does that money come from?

If 90% of the people buying, shorting, calling and putting stocks are making money, and only around 10% of the people are losing money, but not much. Where does that money come from?

John answers:

YOUR PERCENTAGES ARE ASS BACKWARDS. THINK OF THE MARKET AS THE SAME AS GOING TO THE RACE TRACK. THE POOL OF MONEY IS DISTRIBUTED TO PEOPLE MAKING THE CORRECT WAGER. THE STOCK MARKET IS JUST A SOFISICATED WAY OF GAMBLING.

Mandy asks…

If someone has been in the stock market since the korean war and has over 100 different stocks..making money?

If someone has played the stock market since the korean war and has over 100 stocks….would you think they was making some form of money? The reason being is I have a family member that is 80 yrs old and basically lives in a run down trailer and doesnt spend a penny more than he has too, but he has his own accountant that takes care of his stock folios. So I’ve always wondered someone that has been i the stock market for that amount of years surely has occured some money????? What do you think?

John answers:

I think you’re trying to get some of his money. Try earning it yourself instead.

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