Sunday, January 6, 2008

Bottom Fishing for Charity

Alright, you want to get better at market timing. Here's how:

You give some money to charity every week. Make it once in two weeks.

Then, look for stocks and buy the stock with the saved up money. What you're hoping is that the stock will only go up - even in days - because the charity is sure to sell it (which is why they need to keep asking for money). If they don't sell, all the better, try to pick stocks that will anyway work out in the long term.

You do have to work through converting from street name, etc. Your broker will help. I've never done this of course.

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