Last week we talked about how we purchased Bank of America (Public, NYSE:BAC) shares under $5. We got in on Thursday Feb. 5th at $4.30. We exited our position yesterday when the stock got to $7. That is a 60% gain in 2 days!! Even if you got in at $5 [...]
Today Bank of America has fallen below $5. Investors believe that Bank of America will eventually have to be nationalized (Government takes over the company) to stop it from going bankrupt. Next week the Treasury will announce their plans on how they will move forward with big institutions that are “To Big to [...]
Many new traders often mistake investing with trading while both have very little in common. Other than buying, selling and order execution, investing and trading could not be further apart. New traders that are experienced in long term investment strategies are shocked once they enter the world of trading for short term profits.
Investing only requires [...]
Another way you can earn more income is investing in the stock market. There is a stereotype that in order to make any significant amounts of money in the stock market is you have to have lots of money to invest. This is far from the truth. Starting with $2,000 USD is just fine. There [...]