Replies to post #63273 on Advanced Micro Devices Inc (AMD)

[wbmw]

Re: Here's you first lesson in good investing. It's better to buy a stock that goes to $30 at $3 rather than $15. Hint, it's the difference between a 10 bagger and a 2 bagger.

Sounds like gradeschool mentality. A "10 bagger" must sound so much better than a "2 bagger" to you, right? Almost FIVE times better? But in reality the profit you take home after buying in at $3 and selling at $30 is less than twice what it would be if you bought at $15. And how many years has it been since AMD was at $3?

This can be your first *real* lesson in investing, chump.