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#1
Mar 28, 2012, 01:47 AM
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For the past month or so I have been staying up all night about 80% of the nights since. I will get in a few hours of rest sometime throughout the day. I do like staying up all night because I have children, so it is MY time. I will use this time to watch TV, clean...but rarely, plan or start another soon to be unfinished business...lol...smh, or what ever I feel focused on at that particular time.
Well, tonight I tought about going to sleep but I've decided to abondon that idea to, instead, research online trading. I'm thinking that this may not be the best idea, given my recent mental instability, but I would like to find a way to make a little cash. I'm am thinking I may be in a hypomanic state right now (not dx'd as Bipolar so far) and feel that I should resist the desire to throw my money into stocks and possibly fail. I don't know anyone who has done this or the likelyhood of financial gain but I think I'll have to take a look at it tonight. Any thoughts? |
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#2
Mar 28, 2012, 04:02 AM
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Best advice from a guy who graduated from a business school (me), go to T. Rowe Price, Dreyfus, Fidelity Spartan, Vanguard, Rydex, etc, etc, etc, etc, investment management firms, buy one of their popular hedge funds, mutual funds, etc...
If you're younger, pick the slightly more risky options (you're young and can absorb loses better). If you're older, be more conservative. These places have just about color-coordinated their mutual funds. AND THEN NEVER TOUCH IT A good US government bond fund can get about 30-40% in these long-term strategies. It's like free money and you don't have to constantly watch the ticker to see if you've lost. Don't play financial markets unless you already have a lot of money and you want a nice hobby. It's not worth it. There are a lot of formulas and rules, but it's all speculation. It's all based on how well you think you can predict the future. And if you're really, really, really timid, just put it all in long-term government bonds. You're guaranteed free money. |
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#3
Mar 30, 2012, 06:16 PM
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WOW and I just can't sleep, good luck!
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This is an old thread. You probably should not post your reply to it, as the original poster is unlikely to see it.|
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