Quote:
Originally Posted by dirkuys
Hi all! I was wondering as well how Phil turned $1000 into $1-mil in 5 years, but like the others I don't worry too much on the how HE did it, I decided to focus on how I SHOULD try doing that.
One question I have here: Let's say Mr Novice starts with $1000 and he buys one great company. He gets in and out of that company as the tools tell him to do. Should he maybe add cash to his portfolio and use that to buy more stocks of the same company? Or does the $1,000 simply just grow by itself?
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hey D, there is no real way to go about it. It's all about what can you invest and only you know. Each one of us in the community have our own financial situation and plan to invest our money in different ways.Personally, I save in invest once a month. Sometimes I add to existing positions. And other times I might start a new position with a company I find attractive.Again this is my personal situation.
-Alex
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