Investment Info:

Retail buy & hold investment in Jersey City.

Purchase price: $415,000

Cash invested: $5,000

Sale price: $502,000

2 bedroom
1 batch
1200 sqft
condo

What made you inte...

There was legal table gambling, the drinking age was 18, steaks the size of car tires and she made a bundle.

One problem with commodities is that they are a bit of a gamble because the price is based purely on demand and supply and demand often changes suddenly as investor sentiment changes.The stock of a good company with good financials and good growth prospects is much easier to value because it is based on the cash flows that the company will generate.

Just save it for her, not turn it into a massive fortune through speculation, gambling or doing RE deals which can be close to either.I wish you well and hope you do the right thing....good luck!

Not a horrible gamble on his end.... and not terrible on my end.

If they had kept them...I'm thrilled to be buying now.

Well I am successful because I don't gamble.

One commenter said flipping houses isn't investing...I consider it gambling.

This costs thousands of dollars and lenders have no interest in gambling that a judge will rule in favor of a big bank over a a family of four who lost their home and probably nest egg.

But it nevertheless discusses some very important statistical things that are important to know if you wish to trade options (if you wish to make money in the long run).And Tom, your advice about buying puts and calls being too much of a gamble is not correct.