That is a great strategy and one to use once you have money... for my young self I was just trying to grow what little I had :)
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That is a great strategy and one to use once you have money... for my young self I was just trying to grow what little I had :)
It's not near as fun of a strategy thought. When I was 22 I got my annual bonus of $6,700. from my job and thought I knew what I was doing when I bought calls on $250,000. worth of Tandy expecting it to do what it had done the golden quarter in the past. Lost it all :-( for being a greedy cocky preppy. Good thing I didn't have a wife to answer to yet.