Day 1: Let's Start with $500
So what can you do with $500? That's quite a bit of money for grocery. Or maybe one night at a luxury hotel? Or maybe a 2 day cruise trip?
But in terms of investment it's not that much. Obviously you can't buy Warren Buffet's Berkshire Hathaway which trades at $87,200 per share. Google? At most a share. Any of the blue chips stock like GE? Maybe a bit more yet it hardly move so at the end the capital gain you got is probably what you pay for transaction commission and tax.
So how about let's go somewhere more exterme? Like over the counter or pinksheet where REAL penny stocks - the stock trading in cents or even less than 1 penny.
I am trying to see how far I can go with money I can lose. So $500, not much for investment but still worth trying.
So my first investment, 150000 shares of CBAI or Cord Blood America for $525 or $0.0035 per share.
posted by Stock Geek at
10:42 PM
1 Comments:
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