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February 2012
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How do you play the stock market?

(How do you benefit from being in the stock market?)

Answer:

I try to find reasonably priced stocks that I think have a future. I like to buy a few speculations, stocks that are not investment grade, in the hopes that they will go up big time. Some do many do not. I try to hold a stock for at least a year to get the tax break. However, if a stock goes up a lot in a short period, I will sell it or go short against the box. I like to watch the earnings reports come out to see if I can find stocks with earnings increases tied to sales increase. That is how I find my specualtions.

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