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Old 01-26-2012, 05:31 PM   #91
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Re: Long term passive investing: Index funds vs. dart-throwing

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Originally Posted by harbak View Post
with the least amount of risk if done properly
This is a great example of a well-hedged claim.
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Old 01-27-2012, 02:58 AM   #92
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Re: Long term passive investing: Index funds vs. dart-throwing

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Originally Posted by harbak View Post
I am a financial advisor and have been for ten years and options make ppl more money than any other form of investing with the least amount of risk if done properly.
Congrats! You just made me laugh so hard I spit on my monitor.
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Old 01-27-2012, 06:47 PM   #93
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Re: Long term passive investing: Index funds vs. dart-throwing

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Congrats! You just made me laugh so hard I spit on my monitor.
actually he's right...if you pick the right side of the options every time...no way to get rich quicker.
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Old 01-29-2012, 04:42 PM   #94
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Re: Long term passive investing: Index funds vs. dart-throwing

long term passive investing...so suggest options trading?

though i'd link an old thread i started years ago. i forgot about it and never implemented the strategy until after Black Friday. i currently haz FL, WYNN, and BAC doing basically what OP suggests with individual stocks. the only difference is a quarterly dividend is required (which will get reinvested into new dividend-paying companies). probably going to grab XOM and GE next
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Old 06-14-2012, 09:09 PM   #95
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Re: Long term passive investing: Index funds vs. dart-throwing

I've decided to ditch my dart throwing strategy for a poker based strategy. Here's how it works:

The stocks I buy will be based on the board cards of my first hand of NLH played on each calendar month. Each of the 26 letters of the alphabet correspond to the 26 black cards in a deck (black cuz we want our stocks in the black not in the red ldo). So the ace of clubs is "A" the duece of clubs is "B" and so on, ending with the king of spades as "Z."

For example, let's say on the first hand of the month the board runs out: 2h Jc Qh 2s 6d. The two black cards are the Jc and 2s, which correspond to the letters K and O. This means I buy $1k worth of Coca Cola.

Unfortunately, I've had to put this on hold cuz I lost my job and needed some cash. I bought CTEL @ 10.30 and sold it yesterday @ 11.17 + I gots the .36 div, and today it closed @ 10.22 cuz that's how expert I am.
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Old 06-14-2012, 11:17 PM   #96
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Re: Long term passive investing: Index funds vs. dart-throwing

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Originally Posted by Ron Burgundy View Post
I've decided to ditch my dart throwing strategy for a poker based strategy. Here's how it works:

The stocks I buy will be based on the board cards of my first hand of NLH played on each calendar month. Each of the 26 letters of the alphabet correspond to the 26 black cards in a deck (black cuz we want our stocks in the black not in the red ldo). So the ace of clubs is "A" the duece of clubs is "B" and so on, ending with the king of spades as "Z."

For example, let's say on the first hand of the month the board runs out: 2h Jc Qh 2s 6d. The two black cards are the Jc and 2s, which correspond to the letters K and O. This means I buy $1k worth of Coca Cola.

Unfortunately, I've had to put this on hold cuz I lost my job and needed some cash. I bought CTEL @ 10.30 and sold it yesterday @ 11.17 + I gots the .36 div, and today it closed @ 10.22 cuz that's how expert I am.
This isn't 100% random though.

Since players tend to play high cards, more flops are seen when people have
high cards in their hand (hence lower cards are more likely to be on the board)

Unless you do this in live poker, then it's random, cause every hand sees a flop/turn/river LOL
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Old 06-14-2012, 11:36 PM   #97
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Re: Long term passive investing: Index funds vs. dart-throwing

I haven't read any of the responses but I think a monkey with a pencil beat both the indexes and dart throwing.
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Old 06-16-2012, 01:01 PM   #98
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Re: Long term passive investing: Index funds vs. dart-throwing

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Originally Posted by scooternut123 View Post
I haven't read any of the responses but I think a monkey with a pencil beat both the indexes and dart throwing.
But what if...the monkey threw the darts?
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Old 06-16-2012, 02:46 PM   #99
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Re: Long term passive investing: Index funds vs. dart-throwing

maybe a better plan now that you have extra time on your hands would be to study value investing and hand pick stocks yourself. or put any $ u have into an index fund until you feel comfortable enough to start picking stocks yourself.

throwing darts seems to be a ridiculous strategy because it will take up far more time and add more stress relative to owning an index fund; and for what? a very, very debatable miniscule amount of ev vs the index?
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