Your Questions About Quick Money Making Stocks

Charles asks…

how can i make money quick?

i want to buy a macbook and i need money. i dont have a job im only 15. i do work around the house for money. what should i do to get the money i need? (legally)

John answers:

As a teen to make money for extra purchases I babysat, cleaned houses, raked yards, etc. You could also apply for a job stocking shelves at your local grocery store or apply at local fast food restaurants. Your Macbook will be so rewarding when you earned it all own your own! Good luck!

Joseph asks…

How to make quick and easy money?

I want a little extra cash to help out my parents is there anything i can do or profit on? Idease please!

John answers:

1. Save as much as possible. Remember, a penny saved is a penny earned. Cut down on unnecessary spending, and you will have more money as a result. It is difficult to make even 10% on any investment, but if you can stock away even 20% of the money you have, you will have a guaranteed 20%. Always pay yourself first.
2. Work for yourself. Treat it like a business. Babysit. Walk dogs. Mow lawns for your neighbours. You can make a lot of money, but it’s hard work and takes up a lot of Saturdays. Also consider the maintenance aspect in respect to the lawn mower itself. It needs motor, oil, spark plugs, and blades. If this is your parents’ mower you will have to maintain it, and replace it if you tear it up. However, most parents will not care and just be thankful that you are out making money.
3. Work with a group of friends. Team up to do odd jobs like landscaping (one person mows, one cleans the gutters, one clips the hedges, one rakes all the debris), car washing and detailing (one rinses and scrubs, one does windows, two detail the inside), or any other involved job that would take hours with just one person. Divvy up the tasks fairly (rotating if it keeps everyone happy), take your group around the neighborhood after school or on weekends, and offer to get various tasks done quickly for a set price. Yes, group work means splitting up the funds, but it also means you can get a lot of jobs done quickly and, more importantly, safely – as a result of which, you will also be able to go more places. And of course, the more people you hit up, the more likely the word will get out that you’re available for work.

James asks…

first time stock buyer?

can you give me a few suggestions what not to do and what to do?

John answers:

I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.
If you are investing, you must have already achieved some degree of finalcial success, long term stock investing and FOREX can help you become much richer than you are today.
My experiences as a Nasdaq Market Maker, Head trader of seveal brokerage firms, and currently as a professional trader and private hedge fund manager, I can sugest you that:

We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow. Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don’t ever forget that, don’t marry a stock, marry the idea of making money trading stocks. That’s the only way to do it.

For me “All stocks are equally worthless”

I don’t hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.
I could care less which way the market goes. It’s irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you’ll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market’s opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you’ll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It’s easy to see why trading the open is the market’s prime time for profiting from other online traders.
The market’s open is very volatile – that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker ,not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn’t any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points in minutes OTHER than during the first hour the stock market is open. That’s why I love trading the open so much.

I trade only when I have an edge and that means “only the fisrt hour the market is open”.

If you are a beginning trader or investor, you can give yourself an unfair advantage in the market trading this way.

I can continue giving you a lot of advises about how to make money trading, but if you ask me:
“What is the best thing you can do for me or that I can do for myself?
Go to this hiden site and learn the BEST guarded system on making the largest and fastest day trading profits you´ve ever seen…

Www.onehourtrading.com

After you review this site you won´t need any other system, strategy, book, software or mentor to tell you what to do,
you will be able to find big profits opportunities evey day, and don´t rely on anybody else.

P.S. Check my last 3 trades, so you can have a better perspective…Check them in any chart softaware or website.

Date: 2/13/2008, Stock: NILE, Gap: $13.57, Action: Bought at $42 Sold at $43.5, Profit: $1500, No. Of stocks: 1000, Time: less than 3 minutes.

Date: 2/14/2008, Stock: EQIX, Gap: $7.25, Action: Sold short at $80 Bought at $78, Profit: $2000, No. Of stocks: 1000, Time: less than 1 hour.

Date: 2/15/2008, Stock: DRYS, Gap: $3.67, Action: Sold short at $86.5 Bought at $84.5, Profit: $2000, No. Of stocks: 1000, Time: less than 1 hour.

TOTAL PROFITS IN 3 DAYS: $5500

What is the best option for you, to invest or daytrade? The answer will depend on your expectations, experience, money, time, but if you are a beginner and you want to put yourself light years ahead of every investor and trader you know and give yourself an unfair advantage in the market get The One Hour Trading System right away!!!

Good luck and good trading,

Lizzie asks…

LOOKING TO MAKE SOME QUICK LEGAL MONEY!!?

I RECENTLY GOT A SMALL SETTLEMENT AND HAVE ABOUT 5-7 THOUSAND DOLLARS THAT I AM LOOKING INVEST. HOWEVER I NEED PROFIT FAST. I KNOW THIS IS GONNA TAKE SOME EFFORT BUT I KNOW THERE ARE WAYS. I WAS THINKING FLIPPING A CAR OR TWO ALSO BUYING SOME WHOLESALE PRODUCT AND DO THE LITTLE STORE.BUT NOT SURE HOW MUCH CAN COST TO GET STARTED? BUT I AM UNABLE TO FIND A GOOD SITE WITH GOOD STUFF. I AM LOOKING FOR ANY IDEAS THAT PEOPLE MAY HAVE TO HELP ME TURN MY CHANGE INTO MORE CHANGE.

John answers:

There is no way to make quick legal money unless you luck out and win the lottery or bet on a long-shot horse that comes in first. I have a large stock portfolio but I guarantee it was not accumulated quickly.

Michael asks…

Quickest ways to make money?

I got a full-time job and make 72k a year, I want to get to 6 digits and more soon, like in 3 years or so. I would like to hear some ideas out there on how to go about this. I am in the IT field working as a programmer but dang it, I want to get paid like no other. I am working on my masters degree, ambitious, so I want to hear what are some thoughts out there about this matter. No, I don’t plan on winning the lottery nor I will hope on that happening (although I play 5 numbers every week).

John answers:

Do a CFA degree, and manage your own stocks. It won’t be in a year or two, but it won’t require you to work. Don’t spend money over stupid things you don’t need. Earning 72K is one thing, spending 70K is another. Just depends on how much you want to save and where you are spending things. Saving money and investing them in stocks after understanding how finance works is a good way to make money in a long term prospect.

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