Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Two Dubious Ways To Make Money

December 29, 2020December 29, 2020

But first . . .

Even the Trump-supporting New York Post thinks this is insane.



And now . . .

One way to make money, maybe, is to take fliers on some of the stocks I mention here from time to time.

(Part of my theory: it’s fun.  And if you use the losers to lower your taxable income and your winners-held-more-than-a-year to fund charitable giving you would otherwise have done with cash — perhaps through a Gift Fund account at Fidelity or Schwab as described here — then, even if you only break even, you’ll still come out ahead after tax.)

David M.: “Could you publish an end-of-the-year update on your various stock recommendations?  I bought these in the last year or so: BOREF, for which I paid about $9; ANIX, $3; BKUTK, $400; CNF, $5; CNXM, $10; CTHR, 75 cents; PRKR, 12 cents; SPRT, $2 (which became $1 when they distributed $1/share at the end of last year).”

→ So long as this is all money you can truly afford to lose, I’d just hang on.

They are all very different, of course, except in this respect: all will require lots of continued patience — if they work out at all.  The only one for which something might happen fast is PRKR.  Favorable rulings over the next several months could multiply last night’s 39-cent closing price nicely.  Unfavorable rulings, on the other hand . . . well, you get the idea.



Or you could start your own religion, as John Oliver once did (and Trump basically has), and make a ton of money that way.

 

Post navigation

← Silent Monks Singing
Sleep Tight →

Quote of the Day

"Two things are infinite ... the Universe and human stupidity. And I'm not sure about the Universe."

Albert Einstein

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Rabbis; The Economy; His Majesty's Health

    August 27, 2025
  • Share This Speech With Everyone You Know

    August 25, 2025
  • Everything Is Upside Down

    August 25, 2025
  • My Money's On Jack White

    August 23, 2025
  • Never A Bad Word About Putin

    August 22, 2025
  • James Comey + Taylor Swift

    August 19, 2025
  • Getting By On $100 Million -- And The Pando Plan

    August 18, 2025
  • Putin Is Winning

    August 17, 2025
  • I Have Your Weekend All Planned Out For You

    August 14, 2025
  • Tough On Crime (Unless She Worked With Jeffrey Epstein Or Stormed The Capitol)

    August 13, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2025 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams