Post by
moneynorthbound on Dec 17, 2020 10:20am
BUZZ RULE #1 ALWAYS MAKE FINANCIAL DECISIONS ON PERCENTAGE
RISK vs REWARD! never never never never never ever ever make a financial decision even if you are buying a pair of socks, on the increment number..to determine if you are on the right side of the tracks. OMG every single book I have ever read...Lee Iacocca eg. ALWAYS start by gauging HOW MUCH percentage GAIN or LOSS your money will exercise by the PERCENTAG %%%% of the increase or decrease in funds. What is the percentage RISK vs REWARD for your ROI (return on investment) My friend if you do nothing else from this day forward, get a calculator and make your decisions on %%%% percentage!! HecK that is why you are playing in the penny stock casino.
If you buy a 10 cent stock you only need it to go up a penny for 10% profit.
If you buy a $1.00 stock you need that stock to go up 10 cents for a 10% profit
A $1.00 stock normally has a wee bit less risk as it has successfully given merit to its sp for the companies accomplishment.
A 10 cent stock could plummet of the edge IN A SECOND!!! Any kind of bad news could set that off.
Eg DDB the king Tim CEO, died of cancer and the shareholders were only informed after most of the insiders had sold behind the curtain.
Tim died within 5 weeks of shareholders only being informed he was ill...not on his last breath.
Anyways ending is the x wife closed DDB and the shareholders got .06 cents for the shares selling DDB assets to a shell company.
I always tell peeps never get financial advice from a bb BUT BUT mnb feels so fuking confident to tell you, first pleae buy Lee Iacocca book ANYONE and never look at an investment with the number increment leading your dd>>>> never!!!
That is the moneynorthbound rant on PERCENTAGES%%%%%.
Now, I am still waiting on the sidelines. :>)))
Comment by
moneynorthbound on Dec 17, 2020 1:25pm
I honestly try so hard for peeps not to lose money on the vulture. AND buying with percentage %%%RISK vs REWARD is thee number #1 rule when pulling the trigger. So, ditto thanks for kind words and yes I took a tiny bit @10 Just so BUZZ is on my platform but still waiting for the market makers to make up their mind hahaha lator gators :>))