tag:blogger.com,1999:blog-40516205123219893382024-08-27T21:31:29.226-07:00How I turned a $1,000 into a fortuneBurkethttp://www.blogger.com/profile/02309988907240256819noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4051620512321989338.post-60260400745819596702011-02-22T21:18:00.001-08:002011-02-22T21:18:23.196-08:00Finally startingSo I finally got the wheels in motion for the TFSA - takes forever - so the account is open but now I'm waiting to sign the papers to start trading - next gotta figure out what I'm gonna buy - trades in my account cost $6.95 - anything more would eat into my thin margins. <br />
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As an aside I am 1 for 8 in roll up the rim.Burkethttp://www.blogger.com/profile/02309988907240256819noreply@blogger.com1tag:blogger.com,1999:blog-4051620512321989338.post-37675829330027130472011-02-14T15:40:00.000-08:002011-02-14T16:08:40.704-08:00RevelationSo I'm sitting listening to my wife's cousin talk about investing - he's talking about buying this stock, mutual funds etc. and I think I used to be that guy -what happened - ohh I got married, had kids and became chicken to do anything with my money that would sacrifice security for my family. <br />
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Now I'm changing that - I'm taking $1,000 putting it into an investment account and start creating freedom. I have only 3 rules - 1. Invest in companies that aren't in the 'vice' business alcohol, gambling etc., 2. If a stock falls below 20% of my purchase price sell 3. If it goes above 10% I sell - these are my rules so I can change since it is my 'game'.Burkethttp://www.blogger.com/profile/02309988907240256819noreply@blogger.com0