The Great Un-Depression
Link: http://finance.google.com/finance?q=nvda
After a nice 2 days tracking the worlds worst stock performance, in Banking and Tech - I saw my 6.74 drop to ~5.80.
How depressing, but the genius I am, I held on, and am now sitting pretty on a £120 turnaround, with a further £30 profit on top, leaving me high and mighty during this global crisis. Yes, I am grinning.
I'll sell my tips and strategy at £30 a go, with no tech support or guarantees.
I will share any knowledge I have with anyone who might be interested, if they would be willing to part with some spare change for my Gambia Fund-raising.
Link here.
Hopefully a further drive upward might put me in the three figure profits, which would indicate time to cut and run. Take a profit, and repeat.
Graphical Enhancement
No, i dont have a new graphics card - but i do have a base investment in NVIDIA, which i intend to keep until such time as i make enough self-esteem money from it.
initially bought at 6.74, i had no idea where the "bottom" was, and from what i know (which isn't much) that is quite cheap for a company like nvda.
Later, it turned out the bottom was more like 5.75, a new 52 week low - so im out of luck so far, and even though it fell twice over the the first 2 days since purchase, friday saw a nice rally leaving it at 6.38 (6.51 after close), which puts me not far into the red. hopefully if that repeats itself anywhere near like it did i'll be seeing some profit, and time to do the same again.
How To Magnify Your Earnings
Well it's begun, I've dropped my funding in my account and CFDs are my new friends. It took a few days to go from application to funding, and then on to actually being able to see and use my funds, but im finally there. I'm not so sure i care that much, but I'll welcome any potential raise in income, and the technical side of it is actually interesting and gripping, considering it's only simple maths. It being Contracts For Difference (CFDs), trading with a market maker over the net.
Back to the point, wouldn't it be great if I could write a guide on magnifying your earnings - maybe I will one day. However today - I just watched my funds take part in absolutely nothing. This is good, this is progress. Me not spending my money is a good thing, especially without prior research and testing. It seems my purchasing strategy (the way i cant escape knowing everything about an item and ensuring its the best possible purchase before deciding to buy it) has applied to my financial endeavours. Besides, I couldn't of risked any of my money if I wanted to, the market was so dull I'd of just been guessing.
CFD, Red vs Black, Employment
..are the options for earning some form of income.
Arguably they're all the same, or very different, depending on your preference. Firstly, CFDs are pretty much exactly the same as Red vs Black, but hyper-complex. with almost an infinite amount of variables, CFD's still manage to lead to one of two possible outcomes, money lost, or money gained. Now, obviously most of the significant and predictable variables you can educate yourself to be able to manage, and therefore base your investments on some well founded facts, managing your risk and potentially enabling you to earn an income. In the same way, i can limit myself on Red vs Black by physically removing my ability to risk all of my assets by simple taking only what i can afford to lose in physical cash. If i only carry £50 in my wallet, and leave my bank cards at home i'm relatively safe, and have still enabled myself to (potentially) come home with some form of winnings.
Employment is a whole other kettle of fish, it's a guaranteed trade off. Time spent is proportional to money earned, however, the spent time in the first place can incur hidden costs, as well as provide a basis for a false sense of financial security, meaning you tend to blow money on things you wouldn't normally buy, purely because there's no overdraft limit telling you you can't.
anyway, i'll probably make some money on CFD's like i do with RvB, and bog standard employment, but realistically, i'll get bored, and do something else, until i really need money, and delve into it again.
ADD Generation.
but none of that is going to happen anytime soon, focus is on design and normal employment, topped off with a tonne of university. go me.
