Got loads of neopoints.. BUT...
Tue Aug 10, 2004 11:27 pm
but is there anything i can do with them to invest in something or use them to make more nps? :-\ 
Tue Aug 10, 2004 11:50 pm
Well, you've kind of suggested it yourself already- investing. Try the Neopian Stock Market, for one. You could also go for restocking.
Wed Aug 11, 2004 1:10 am
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.
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.
Wed Aug 11, 2004 11:36 am
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.
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.
Wed Aug 11, 2004 3:48 pm
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
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
Wed Aug 11, 2004 4:26 pm
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