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 Post subject: Got loads of neopoints.. BUT...
PostPosted: Tue Aug 10, 2004 11:27 pm 
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but is there anything i can do with them to invest in something or use them to make more nps? :-\ :)


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PostPosted: Tue Aug 10, 2004 11:50 pm 
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Well, you've kind of suggested it yourself already- investing. Try the Neopian Stock Market, for one. You could also go for restocking.


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PostPosted: Wed Aug 11, 2004 1:10 am 
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I would suggest against the stockmarket unless you really do have a load of neopoints - investing really isn't for people with less than half a mil, because of the chance of losing a lot quickly, and taking a long time to make it back.

I actually suggest banking it at the highest possible interest rate. Alternatively, you could invest in constantly-valuable items, like codestones. Investing in codestones now pays off the next time there's a war, if you're still around, because their value skyrockets.


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PostPosted: Wed Aug 11, 2004 11:36 am 
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Well i dont really get the stockmarket i have looked at neodaq or something like that and i still dont understand.

I restock my shop often.

And my neopoints is more than half a mill, so i dont mind doing the stock market if i could understand how too lol.


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PostPosted: Wed Aug 11, 2004 3:48 pm 
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With the stock market, you should buy stocks that are between 15 and 20 nps in value only - and just hold onto them until they double in value (so, get to between 30 and 40 nps), then sell most of them. hang onto a few shares in the event that the stock's value continues to rise, and you should make a few more bucks.

If a stock's value plummets, don't panic and sell out - it'll go back up. They always do, eventually.

The neodaq is completely random, except for bankruptcies, which are man-made. So anyone who predicts "x stock will go up today" is full of crap.

Buy 1000 shares a day, and just sort of hang out. Check every day or so to see if you might want to consider selling.

For more information:
http://www.neodaq.com


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PostPosted: Wed Aug 11, 2004 4:26 pm 
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shapu wrote:
With the stock market, you should buy stocks that are between 15 and 20 nps in value only - and just hold onto them until they double in value (so, get to between 30 and 40 nps), then sell most of them. hang onto a few shares in the event that the stock's value continues to rise, and you should make a few more bucks.

If a stock's value plummets, don't panic and sell out - it'll go back up. They always do, eventually.

The neodaq is completely random, except for bankruptcies, which are man-made. So anyone who predicts "x stock will go up today" is full of crap.

Buy 1000 shares a day, and just sort of hang out. Check every day or so to see if you might want to consider selling.

For more information:
http://www.neodaq.com


Cheers mate that has helped me alot, I will take your advice and just continue to do this.

Again thanks very much :)


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