Re: It\'s time for poker players to start putting their money to work.
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Guys, you really shouldn't be listening to any of this if you want to have real success.
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Ditto; I lost all interest after this -
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happy to bet the "respected" poster I am worth at least 10 and probably 50 times what he is worth
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To OP - No need to come here and size up your gonads; nobody here doubts you were the BSD at your firm and/or retired with a small fortune, nor do we care.
I suppose threads like this DO add some value in that they raise investing awareness to some extent. The beauty of e-banks, ACH transfers, and discount brokers these days is that one CAN throw their reserve poker bankroll into a liquid ETF (Q's, SPY's, etc...) with transaction costs no larger than pulling out a grand with the Neteller ATM card. Need to throw it back into a poker site? No big deal.
If you can manage your reserve well WRT expected variance, you can maintain exposure in equities with minimal transaction costs vs. leaving money in a crappy money market or short term debt with a real interest rate close to 0% (although I suppose that's better than letting it sit at Party or Neteller).
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