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5000 where should i invest it???? I need to make money short term.     

thesaurus - 13 Mar 2004 13:24

thesaurus - 21 Mar 2004 12:09 - 59 of 130

Jokes at my expense, come on thats just not playing fair.

Look I am at Uni, my mates are all out getting drunk most nights. I would rather use my student loan to create wealth not demolish it. So is this a joke, if it was it would not be a very good one.

I just needed advice and to be fair i am touched that so many people have. If you learn from other peoples mistakes then you should be ok

Thesaurus

chartist2004 - 21 Mar 2004 13:00 - 60 of 130

Thesaurus - Take a look at http://www.investtech 'register for free' then look at thier comments on various company/charts click on 'Trends' many rising stocks there, check our any other info you require on Money AM. I like the look of Stream Grp (SEA) up over 1500% since June 03 results were 16-02-04 take a look, and no I don't hold any yet! Don't but all your 5k into one 'golden egg' make your dosh slowly not loose it fast..! All IMHO/DYOR.
Hope this helps
Mike....

Kayak - 21 Mar 2004 23:41 - 61 of 130

Thesaurus, the thing is that you will not be creating wealth consistently at first. You may well be lucky and make money to start with, but you will eventually give it back and more. The vast majority of traders who make money consistently (and it is said that only 10% of so of traders make money) only started being successful after blowing the whole of their pot at least once if not two or three times. Those successful traders are the ones who persisted. So bear that in mind when you come to decide whether your student loan, funded with the money I pay to the Inland Revenue, is better spent on drinking or trading :-)

MightyMicro - 21 Mar 2004 23:55 - 62 of 130

Thesaurus: a millionaire friend of mine once told me "there's no such thing as easy money". Another such said "the first million is the hardest".

These statements appear to be true, from my experience. Personally, I'm still working on the first million.

Good luck with your life.

amberjane - 22 Mar 2004 00:20 - 63 of 130

Yes but who said this is 'easy money' anyway even if you do gain? Every day just before you click on your portfolio you lose a few more minutes of your life, with fingers, toes & anything else you can cross, crossed!

ajren - 22 Mar 2004 10:46 - 64 of 130

Millwall were a couple of weeks ago as 5,000 would have got one millions of shares.Perhaps it still is.Any snooker players amongst us knows the good
player never scorns the lowly yellow.
rgds aj

crystalclear - 01 May 2004 20:28 - 65 of 130

If you want the benefit of years of research for free, Antonov PLC's transmissions (gearboxes) will be going into production later this year. Antonov have found a partner and should be releasing details sometime who their business partner is. They have a 6-speed design which should be in production in 2005. If you are capable of holding for a long period of time this should be a one way ticket, even if its a rough ride.

But don't put all your eggs in one basket, in case I am wrong ;-)
And don't risk more than you can afford to lose!

http://www.schmider-investments.de/frametext/interviews/frame20.htm

Put that through babelfish and you'll have a good overview of the company.

LEEWINK - 02 May 2004 15:31 - 66 of 130

I'll tell ya where to put 5k, the same place I put my investment, NML, a great return for ya dosh, upside potential is massive, I reckon you could 4 fold minimal ya money there too within the year and well, after that the sky and on, what bank's gonna give ya 400% interest in ya first year !!!

Write this one down as were expecting news now which was promised end of april, a new mine start for diamonds, after the initial 2 months operation it will double the mine production, giving over 1 million dollars a month income (20,000 carats a month) , for over 6 years !!!

Trading has got healthy now, and over the next week or couple should see the upside start, watch this as early as THIS tuesday morning, its gettin hot.

Upto you, but i'd guess minimal 30p by year end, very conservative, DYOH+R and be sure before entering.

AGAIN WRITE IT DOWN, DON'T MISS OUT, THIS ONE'S BIG TILL 2010 AT LEAST, AND HERE'S YOUR ENTRY LEVEL.

Gausie - 02 May 2004 15:51 - 67 of 130

Be especially wary of posts such as the one preceeding this.

LEEWINK - 02 May 2004 16:04 - 68 of 130

we'll see

superrod - 02 May 2004 16:23 - 69 of 130

thesaurus

i suggest you listen to peeps like gausie. its because of the likes of him im still here after nearly 10 years.

my suggestion would be to read your thread header again and imagine someone else had written it. what would you think?

if there was anywhere anyone could put 5k ( in the market ) and get a guaranteed return, dont you think we would all be doing it?

you are pitting your wits against everyone else who trades, 99% of which are more savvy than you. sure, we can all hit a knutsford occassionally ( 9p to nearly 2 in a couple of hours if memory serves ) but its far more likely ( 100% id say ) that you will lose money trying to make a short term gain with no experience. absolutely no offence intended.......ANYONE will try to shaft you to make money in this game.

there is one infallible ( almost ) bb rule.

NEVER EVER believe anything you read on a bb ( this advice excluded )

good luck


ps if you DO hit the winning formula, be sure to let me know

jj50 - 02 May 2004 16:42 - 70 of 130

I agree with the cautious approach - something like ING direct which gives instant access to your money and will pay 4.5%. Meanwhile set up a virtual portfolio with something like www.msn.co.uk then go to My Money and set up a portfolio so that you can see how it does. This gives you clear info on how much you would have gained/lost. There are also good clear charts (intraday, week, month, yr, 5yr) free for each stock on www.comdirect.co.uk, along with analysts information - all of which is useful. I don't think it worth buying individual shares without investing 700 because of transaction/stamp duty costs. Crocs site is excellent as mentioned before but I also like Citywire, although I subscribe for the full service and that is 98 or thereabouts per year. Good luck.

kandrews250 - 02 May 2004 17:10 - 71 of 130

Im with the general opinion, listen to the older hands. While 5k is alot of money it is not that much if you are trying to buy mid cap shares and the costs will soon wipe out the profits, that means as with most the aim shares look more attractive. If you get them right you clean up but mostly you have to keep money in for along time before they move (depending on what profit you want and what your timeline for return is ). spreadbetting is fine but trade for a good while till you get it right more times than wrong and aim for shares which have a least twice the upside to downside ( short or long ). Also look at the general market if it is a bear market week beware of being to bullish. When I started spreadbetting I made the mistake of falling for the index trap, looks easy to make a lot but the spreads are against you and I learnt the hard way. Went back to good old shares. Of course all IMO and all the best and lol

LEEWINK - 02 May 2004 17:11 - 72 of 130

Ah well, you try and help, do us one favour, stick it on ya watchlist for several months, check it by summer, then toward the end of year and beyond for that matter.

Gausie , you read my post and within 20 minutes told everyone to be wary, I've spent countless money on professional opinion, weeks of research (still digging now pardon the pun), and a fare amount of money on various sites to gain my info.

Posts like yours just shows how narrowminded you are, if you had replied at say 8 or 9 oclock tonight with some backing as why you thought what you have then maybe I or we would beleive you.

If you don't believe what you read on a bb why are you here ???

Try some research yourself, instead of criticising helpful people, gausie you ain't the only person to help others.

edit :- PS >>>>> I was the one who tipped DDD when it was 9p, sure alot of peeps said a quiet thanks on that one !!

little woman - 02 May 2004 17:40 - 73 of 130

No offence meant LEEWINK, but say you get it wrong, and thesaurus takes you up on your advise - are you going to compensate him?

Anyone buying your hot tip when the share hit it high in Feb would currently be sitting on a almost a 50% loss and from the research I've done so far all I see is a company that keeps issuing shares to keep going - and the biggest surprise a figure of $5,192,338 for Exploration expenditure held on the balance sheet as an ASSET - so when are they going to treat this expenditure as expenditure? (Perhaps when it means it won't wipe out the rest of the balance sheet!)

The only this guarenteed in Life is that one day we all die.....

LEEWINK - 02 May 2004 18:30 - 74 of 130

Like you say, a "tip" is a choice for yourself to decide on, you obviously don't know all the "cash at bank" details, anyway the measly 5m your on about is a mere 5 months mining of 6+ years worth, they have cash facilities more than this, what about the niobium and tantalum updates we are waiting on too, care to answer what this could do also.

Compensation has nothing to do with it, and a suggestion of such is ridiculous and petty, will I get compensated if I lose on my 15k investment.

Seems a few can't get there heads round the idea that someone can be reasonable on a bb, your researching is not up to much if you can only find this tiny insignificant minus, and you cant see the plusses coming.

And yes we all die, thats the only sensible thing you've said.

MightyMicro - 03 May 2004 01:36 - 75 of 130

Listen to Gausie. Listen and think. All he is really saying is heed the market.

Why should LEEWINK (with all due respect) know something that has been hidden from the rest of us in the marketplace?

LEEWINK says he has "spent countless money on professional opinion, weeks of research (still digging now pardon the pun), and a fare amount of money on various sites to gain my info".

Well, we all do research, but who did he spend all this "countless money" with? I think we should be told the source of this apparently extremely expensive wisdom.

I'm not mocking -- I'm merely exhorting caution -- how do we know who LEEWINK is or what he knows?

The final danger sign "If you don't believe what you read on a bb why are you here ???"

Do you believe everything you read on a BB? Yes? In which case, I can authoritively tell you that the Moon is, indeed, made of Green Cheese.

Now you all know, for sure.

MM

LEEWINK - 03 May 2004 11:03 - 76 of 130

12th August 2003 I mentioned NOP, could of doubled your money on that one, and a few probably did at minimal, shortly after this date NOP had a centre large spread in one of the main newspapers, from there people started to see and hear about the company for its potential, and onward it went from there.

Its early stages for NML now, mine prospecting in other minerals is due to come to a head soon, and the work to begin on the mines themselves to get this latest diamond mine started, it will happen, the latest area of land in question still has further possible exploration and this insert now is from there current and lastest RNS.

Now If i said to you 6 months ago buy AFD you would of had the same reaction as now when I say NML, AFD 10 folded in 4-5 months of open, and although has dropped to stable now, still looks a good share if you had it at the low of 7p, it is to me the base level to buy NML now, as the prospecting starts, NML are utilising machinery very well and can shift it to whichever projects they like, "others" I think was mentioned.

NML have produced concrete evidence of the upside potential now, but there is so many further possibilities as you can see again, from this last RNS insert :-

************************************************************

Angola Diamonds

New Millennium Resources N.L. acquired 100% of Angola Resources Pty Ltd that has
entered into a joint venture with ENDIAMA E.P. and Mombo LDA (Angolan
Companies), which hold diamond concession C9 in Angola (Lapi Diamond Project).

The company's Concession Area C9, is located 45km North East of Saurimo, the
provincial capital of Lunda Sul.

Concession Area C9 is 323sq.km in area and is located 30 km north of the large,
operating Catoca diamond mine in the North East of Angola. Extensive mapping and
exploration has identified an inferred resource of 3.7 million carats. There is
potential for 8.7 million carats just in the currently known area.

Four rivers including the Rio Chicapa flow through the tenement, providing
sufficient water for operations. The sparse vegetation and mostly flat landscape
lends itself to both land and dredging operations with low production costs.

The diamond industry in Angola has been an important component of the country's
economy for over ninety years and has enormous potential. The Angolan Government
has signed the United Nations agreement to certify all diamonds produced and has
provided secure title to the tenement.

The company has put in place a highly experienced management team that aims to
vigorously pursue the exploration and development programme planned for the
tenements.

The corporate strategy of New Millennium Resources N.L. is to enhance the
shareholders assets by:

Developing the Lapi Diamond Projects alluvial deposits in Area C, at an
initial rate of 10,000 carats per month.

Establishing a sound financial and operating base for the company, and

Acquisition and/or development of other diamond bearing areas, or of
income producing projects (either as owner operator or in joint venture with
suitable partners).

The company has purchased plant and equipment for a confirmation prospecting
programme. The programme is planned to commence in April and will take two
months to complete. On completion of the prospecting programme, the plant will
be put into production on a selected site. A modular primary production plant
with capacity to be relocated and expanded will then be installed to produce
diamonds from the alluvial deposits at the planned production rate of 10,000
carats per month. The Lapi Diamond Project is then expected to generate an
initial cash operating surplus of US$1.2 million per month (NMR's share will be
US$0.6m).

*****************************************************

Bear in mind, this is only the new diamond area which in time terms is young, they also mine precious metals etc to which the company are constantly gaining ground on too, as well as more in the pipeline, like you say, you makes ya choice.

Gausie - 03 May 2004 11:18 - 77 of 130

Lee

A very long and, I'm sure, a very informative post.

However - unless there's anything there that you and only you know or understands, then it's all in the price. If the market knows it then the market's priced it.

Gausie

Gausie - 03 May 2004 12:03 - 78 of 130

Thanks for the responses Testex, Leewink.

I'm a little concerned that this thread is rapidly going off topic, so have set up a new thread specifically to look at the question 'It's all in the price - or is it?'

Please can we move this discussion HERE. I have taken the liberty of copying a few of these posts over to the new thread.

Thanks

Gausie
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