bone, You are supposed to buy them when interest rates are going down and sell them when rates are going up. That's probably where you got mixed up. Don't feel bad, I've lost $45 trading before. By the way, what's the K stand for?Quote from bone:
Dearest Cathy - you recommend bonds and bills as low-risk. How did I lose $45K in one hour trading two-year notes?
Quote from bone:
Dearest Cathy - you recommend bonds and bills as low-risk. How did I lose $45K in one hour trading two-year notes?
Quote from bobcathy1:
I have no idea how you could loose that much in so short a time:eek:
I also more thought of it as a holding not trading technique.
As safe as a bank account's interest. I obviously do not know much about the subject.
Tell us how you lost that much in 1 hour, I am interested.
I was reading a book by Peter Lynch. Sweden doesn't do accounting like we do. So he goes through the books and figures Volvo is sitting on cash worth about $8 a share. The stock is trading at 6. So he figures he can buy $8 for $6 and get the whole company and it's assets for free.Quote from praetorian2:
Value investing is almost zero risk if the insiders are buying also. Surest thing in the market. Especially if you are buying a company that is cash flow positive, and it's trading at or below net current assets. If you think about your investing, you'll do well. Too many people think very little when it comes to investing. If you do a lot of reading, and a ton of work, it's nearly impossible to fail in value investing.
As per not sharing, no one can ever accuse me of that I shared a method that made me over 200% last year on these boards. Do a search for GNP and GNP 2. I detailed my whole trading strategy for all.