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Potash Corporation of Saskatchewan Inc. Message Board

  • mrcmeguy mrcmeguy Oct 3, 2008 8:19 PM Flag


    The secret wall street does not want you to know about. My friends have lost 50 % of their nestegg in months. or weeks. some with Bear Sterns and AIG lost 90 or 100 %. The ONLY method to protect yourself in any crazy market is to use married or put protection. Its the same as home insurance in case there is a fire. But pot at 200 and buy a married put for 15 dollars and no worries. Goes up you covered the cost and if down you are totally protected . Usual cost is 5 % per share for 6 weeks .

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    • But over time, what will you make? Likely not much and therefore a waste of time. Tried it already. The really wealthy sit on CD's and T-Bills. Very rarely get involved in stocks unless it's start up or venture capital.
      That way they lose a little in relation to the potential gain which is monsterous comparitavely.

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