SO you should never try to make money if someone else is going to make more money? You're saying that I should never buy into a stock if someone else owns it cheaper, because I'll never make as much as they will?
Rustler...you are assuming that the stock you bought at the much lower price will run as high as the one you bought at a higher entry point. That assumption could take much longer and tie up capital for some time. Due diligence and research tell the tale. I pray for your wisdom and wish you the best...God Bless
I am a bit confused here reading your post..I mean..whether someone makes 10 times their initial 1,000$ investment ..or 10 times their originalk investment of let's say ..5,000$...that would still be a ten times profit..
So..what is so wrong about ten times your investment? The bank will only give you 2-3 % annual interest on your money..