Topic: Time to buy those Nintendo Stocks!!!

[Chozo Ghost]

So even if you do manage to make money, they government just takes it anyway? What the hell is the point then?

[nickmitch]

Because it's income and income gets taxed.

[SixthAngel]

Only if you sell at a profit. (Capital gains taxes are a B***H, girlfriend.)

Capital gains taxes are generally significantly less than income taxes(at least in the US).  Not exactly a bitch.

[ThePerm]

I was looking at them last night and they were 16.79 a share, I was thinking about buying 30.

[EasyCure]

if i had the patience to learn more about how to go about this the right way, i would buy some.

[ThePerm]

when Wii was at its height i think the stocks were like 78.50 if you bought 30 shares right now it would be like $495.
If they jump back up that much the value would be $2,355. $1,860 in profit. I wish I had $500 dollars to invest. Next year there will be games to sell, there's no company debt, so between Nov 2012 and December 2014 there's a lot of money to make.

[EasyCure]

I have $500 to invest, shut up and take my money!

[ejamer]

Don't count on Nintendo stock approaching anything close to $80 again. It was unbelievably overvalued at that price, and I doubt the market will go crazy a second time.


That said, I still think there is a good chance to make a tidy profit buying in now.  If I had money to throw away, I'd take the risk and see what happened. If Wii U bombs and the stock sinks, it's the kind of novelty item that I wouldn't mind holding onto anyway.

[ThePerm]

Right now I see Wii U as something people will like more once its in homes, so it would have a slow profit growth. Then BAM

Smash Bros. Zelda. Mario. Whatever the hell Retro is making. Third parties jump in. Stock jump.

what I like about Wii U is there are a lot of things that people won't initially think are special, but will take for granted later.