Parents do, energy stocks. It just took a 17 point dump though but it was up like that much in two days. When the price started dropping all the hedge funds dumped it for a nice profit .
Btw, the stock that just took a dump is BTU (Peabody Energy). It's the largest private coal company in the world. They're opening up literally dozens of new coal burning power plants and it is DEFINITELY the way of the near future (15 years). Anyways, even with it going down 17 points my parents have already made about 66% profit since when they bought it in November.
Yup, myself and my family. Insurance, pharmaceuticals...
My grandfather actually just made a killing on a pharmaceutical company. 400% return in 18 months. Invested $6 million, and 18 months later pulled out with $24 million.
KagomJack said:
My girth isn't anything to bitch and moan about in long, elaborate paragraphs.
I am a day trader. I trade every mon- fri and invest in long term companies as well. I am also part of FIG (Fairfield Investment Group) (which is a "club" that you have to be choosen for), and have helped them to grow 100,000$ to 150,000$ in 2 months. So, the answer to your question is, yes i am involved with it.
i dont Trade on the Stockmarket.. ive always been paranoid of losing my money..
Currency Trading Is Kickass Also.. i have about $1,800'ish in english currency atm, I ussually keep money like that in the banks till it hits High in AUS Currence then get it Transfered into AU$ =).. i first started off with only a few hundred dollars thx to family.. and over the last year its made its way up slowly =)
I tried it once...but got bored of it really quickly, I invested like 200$ then lost a little bit of it. But that was a long ass time ago, I forgot the site and my username/password :\.