Quote:
Originally Posted by Tarheelblue  Feel free to post all you want here. I like your thread, keep up the good work. 3% green adds up. GLTY. |
Thank you, Tarheels. Some people just don't see the '
magic' of compound interest. If something doesn't jump up 30% and stay there, they get mad.
You gotta know when to buy and sell. Take IPAS, it was set up nicely with a subtle (break-out) triangle pattern last week. I jumped in at $5.72 and caught that little 2 day spike to $6.04. I sold at $6.01 today. Now IPAS may or may not have the legs to stay over 6.00. I don't care--I'm gone. That's a +5% gain for me in less than a week.
This is a proven method to grow a portfolio. It's just a matter of finding the right stocks with just enough 'oomph' left in an uptrend (and cutting losses quickly if the charts go south).
Compound interest is
magic.
The hard part is finding these little 3% gems consistantly.