Wednesday, January 2, 2013

How to make money

I am NOT a licensed commodities trader or stock broker or financial adviser or ANYTHING. However, I have managed to make a little money using common sense and some luck. If you follow financial news, you know that most people have made fortunes by leaps and bounds, not small increments - via capital gains, inheritances, stealing from their business partners, and that sort of thing. Once you've got a small pile of cash, you can invest some in compound interest accounts and just watch it grow. But you've got to make that first leap first. For instance, this very minute, right NOW, a stock with the stock symbol of BWMG is selling for .0005 per share. Let's say you decide to jump in and buy 500,000 shares. That will set you back $250 plus a very small commission. Let us then say the stock goes up to just .05 (five cents.) In that case, you will have made $250,000. In the past, this particular stock has gone as high as $1.90. The company owns patents but it's very short of cash. It is like a person who might have assets but very little liquidity. Without the liquidity, there is little it can do to market those assets. Will this stock (BWMG) go up again? That is the million dollar question. Good luck to you.