Originally Posted By: CatBrat
Hold onto a losing stock. Don't ever sell it, until it gets really cheap. This is also called investing.

No, its called bad investing. What Warren Buffet does is called investing.

Originally Posted By: CatBrat
Buy a penny stock. Watch it become even cheaper.

I knew a guy in university that traded penny stocks as a hobby. Small money. He consistently made 5-7% after brokerage fees. He had a system that worked quite well for him and he always followed it. There are many ways to make money in the market.

The moment emotion gets into the equation it becomes gambling. From what I have seen, it is much harder than people think to keep your emotions in check.

Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap!