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Reply To: Buy stocks in the poker rooms that you promote

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#663378
Anonymous
Inactive

Well, I think I will put some gambling related companies in my list of shares and stock options :)

Maybe buying some stock options before some big game launch is a good idea.

Professor, when is the CAP Initial Public Offering? I want some shares.

Comming from experience you can’t accurately predict a stock price on a newly listed company.

Accurately predict – forbidden words in financial economics. Remember: Economists have predicted 7 of the last 4 crises

It’s difficult to predict anything in the economy. There are also several sharks around there with insider information.

The best thing to do is to have a diversified portfolio, with several stocks, in order to avoid denecessary risks, and have it for a couple of years. I don’t think buying stocks with less than $50,000 is a good idea. Unless you buy some professional managed funds.

When you don’t have that kind of money, the best thing to do is going for stock options. Higher risks, but higher rewards. You can leverage your money.

Or, if you have very tiny funds, a couple of beers is always a good idea.