If you have money you can afford to lose and want to try to beat out an index, bet on what you know--that's not to say bet on what you're interested in. A friend of mine makes a few thousand every other weekend or so making sports bets in Vegas. He apparently knows enough to beat the odds but doesn't care enough to be emotionally invested in a team. Obama made me 17% apr. You can make money on almost anything. Any targeted recommendations here are probably beyond the opportunity of arbitrage.
If I had to bet on a specific industry: craft clothing. Five years from now your Bannaa Republics are going to have a special section for fair-wage/enviro-friendly/"hand sewn" clothing. It's the next progression for new domestics after organic food.
Edited, May 2nd 2013 9:05pm by Allegory
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So far I've "made" all of $20. Which given how little I've actually purchased at this point is really good. So far i have some CSX, ford, Lockheed, hudsons bay minerals, Oddessy Marine, and General Electric. Barnes and Noble is up fairly high at the moment. Apperently welches doesn't sell stock and I don't know of any other good grape drink makers. I refuse to give research in motion any money though, because I've installed blackberry enterprise server before, the old version, and I still wake up screaming in terror from that experiance from time to time.
The glow in the dark sheep people won't send me a sheep if I buy stock, so ***** them. who wants an Urugayan sheep anyways?
The glow in the dark sheep people won't send me a sheep if I buy stock, so ***** them. who wants an Urugayan sheep anyways?
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Dread Lörd Kaolian wrote:
The glow in the dark sheep people won't send me a sheep
George Carlin wrote:
I think it’s the duty of the comedian to find out where the line is drawn and cross it deliberately.
Plenty of Welsh people who'd sign up for that.
He apparently knows enough to beat the odds
No, he's lying to you or in a mild lucky bit of variance. If he "knew enough to beat the odds" he'd be emailing you from his chain of private islands. Sports betting isn't really beatable. Possible that large syndicates can eek out 1% or so in idea circumstances by arbitraging spreads in odds, but the chance that your friend is just good enough to make a few grand here and there but doesn't bother making the near infinite amount of money he could if that were the case seems fairly unlikely. Ask him for his bets before the outcomes the next time he's going.
No, he's lying to you or in a mild lucky bit of variance. If he "knew enough to beat the odds" he'd be emailing you from his chain of private islands. Sports betting isn't really beatable. Possible that large syndicates can eek out 1% or so in idea circumstances by arbitraging spreads in odds, but the chance that your friend is just good enough to make a few grand here and there but doesn't bother making the near infinite amount of money he could if that were the case seems fairly unlikely. Ask him for his bets before the outcomes the next time he's going.
Disclaimer:
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
Smasharoo wrote:
No, he's lying to you
Highly plausible. I don't know enough/care enough on the gambling scene to ask him details before. I do know the minor gambling he does locally is against pools of chumps and not a house.
Bet on Mets games like I do. You've always got more than 50% odds of winning if you bet against them.
George Carlin wrote:
I think it’s the duty of the comedian to find out where the line is drawn and cross it deliberately.
lolgaxe wrote:
Bet on Mets games like I do. You've always got more than 50% odds of winning if you bet against them.
There can't be much of a pay-out.
Alma wrote:
I lost my post
Helium futures*
*I have no idea if that's actually a good investment, just that it's something different.
I'd imagine it's on the rise.
George Carlin wrote:
I think it’s the duty of the comedian to find out where the line is drawn and cross it deliberately.
Helium is a bad investment in the long run. The universe is making more of it, and we're using up our hydrogen at an alarming rate (there's your sure bet!). Sure it may look good now but you'll be pretty screwed in 10 trillion years when there's more helium and heavy metals than anyone knows what to do with.
That monster in the mirror, he just might be you. -Grover
You have a point. And analysts do say you shouldn't get shortsighted and fiddle with your investments more often than every billion years or so.
I have no advice Kao, but you have reminded me I need to check my old pension. It grew since 2007 as I invested in S America, I need to check it's still going up.
Good luck in what you invest in. But I had wondered ... if it was me, I would pay off my mortgage quickly and avoid the interest payments, is that not an option for you? That's 100% guaranteed savings or are you looking for the thrill?
Good luck in what you invest in. But I had wondered ... if it was me, I would pay off my mortgage quickly and avoid the interest payments, is that not an option for you? That's 100% guaranteed savings or are you looking for the thrill?
Investing everything in bitcoins is the only logical decision.
Rachel9 wrote:
Investing everything in bitcoins is the only logical decision.
And risk weakening my batcoin holdings???
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