Alien100 wrote:
Hello,
I just wanted to know if there are Aspies who are self employed and do not work for someone else, or just work for themselves. I have invested in Websites, but failed, invested in stocks, didn't fail but did not provide enough predictability. I have tried dvd kiosk machines, not home enough to oversee. And now I am involved in real estate, which seems to be the best investment I have ever made, provides allot of predictability. Please let me know what you invest in, and how you have faired with those investments.
Yeah, I once lost $15,000 in stocks (most of which had been made through stocks to begin with though). I have a system for stocks that works. I just had departed from my system in that instance. I tried to invest in penny stocks without understanding the extent to which purchasing a stock with low volumes and high beta can permanently affect the price. For a stock worth $0.001, you can quickly gain or lose a lot of money. Without sophisticated software, you will likely lose a ton because it becomes impossible to sell your holdings without causing the price to plummet. Furthermore, you can't sell a bit at a time because of the exorbitant fees you will be charged. All in all, it absolutely sucks.
However, now I do not have a large enough amount of capital to make it work. If you could give me $30,000 or so, and my system, it could work.
My system is basically to invest in strong growth companies (usually emerging technologies) during a short-term dip and then cash out with a 5-10% gain within a few weeks. Repeated multiple times, you can hike up your annual rate very high over the long-term (I had a 50% ROI in 2010 in spite of doing it fairly sporadically; had nearly a 40% gain in 2009, but probably so would a monkey throwing darts have had this).
With a large enough seed, I think it could produce 1-2k a month and leave enough left over to grow the pile.