One of the sayings in the banking industry is “Never trust a bald barber…he has no respect for your hair”. In essence, what this means is don’t take advice from someone who is broke on how to make money. This is usually TRUE…however, not in every case…I am, at this time of my life…a ‘bald barber’, however, about a year ago on this here website I suggested buying two particular stocks if you wanted to make some quick cash….
FORD (Ford Motors) $1.97
RAXSPACE HOSTING (cloud computing company) 4.60
I know one of my friends listened because he called me and said “thanks” last night. He managed to buy his wife a new SUV and put money away for College on a small investment of a few thousand bucks.
When I posted the info about buying these stocks…FORD was at $1.97 a share and RAX was at $4.60 a share…..
My prediction was that both of these stocks were strong buys and that a simple investment in these would give explosive returns in the course of a year…
Todays price on BOTH of those stocks…one year later
FORD (Ford Motors) $7.61
RAXSPACE HOSTING (cloud computing company) $14.30
For those who listened…you are welcome. Invest at your own risk...and know what you are investing in (if you do)...I personally do not have one cent in the stock market at this time other than a 401K...but I know about these companies enough to know they were worth it if I DID have the dough to toss around with them.
The Bald Barber