Gordon Gekko said "The point is ladies and gentlemen that greed, for lack of a better word, is good". So all my life, well the last 20 years anyway, I have always wanted to deal in shares. Not that I wanted to become Gordon Gekko. I just know that there is money out there. Floating around. I believe that all I have to do is reach out and take it. Money is a flowing river, I just wanted to have a drink.
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| Greed is good. |
So I think I am going to do that now. I am by no means going to jump into the river. I don't have enough money to dive into the river.
So in that light I have got two stock exchange emails. One is Goodbody Stockbrokers and the other is Davy Stockbrokers. I am going to look into the whole thing and see if I can make money. I should be able to in theory. The problem is that there is a fee on transactions usually. So if I buy 100 shares "Company X" @ 1.50 a share then my shares will cost me:
100 * 1.50 is 150 euro.
So lets say that the shares gains some value. It gains .04 cent so now my shares are worth 1.54 euro.
100 * 1.54 is 154 euro.
Great I have just made 4 euro.
But now for the trading fees. Hmm, if the trading fees are 15 euro, then I have just lost 11 euro. Great. However, lets say I bought 1000 shares of Company X.
1000 * 1.50 is 1500 euro.
So lets say that the shares gains some value. It gains .04 cent so now my shares are worth 1.54 euro.
1000 * 1.54 is 1540 euro.
Great I have just made 40 euro! So okay, lets say that I have my 15 euro fees, I have just made 25 euro. So that is the secret. If I have a trickle of water it will barely move a leaf sitting aloft its meager course. But if I have a gushing river I have move mountains with it. Money is a force. Money is alot of things. but when it comes to shares and if you want to have alot of money, you have to MOVE it. Force it. Work it.
