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  • TomsPics
    Confirmed User
    • Aug 2002
    • 498

    #1

    Stocks...

    Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]
    ICQ: 8218548
  • XXXPaysiteDesign
    Confirmed User
    • Mar 2002
    • 2201

    #2
    If you want to invest into something you know nothing about just give the money to me.
    SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

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    • freeadultcontent
      Confirmed User
      • Oct 2002
      • 9976

      #3
      With the current panic I highly suggest 3M one of the largest makers of duct tape.

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      • RedShoe
        赤い靴 call me 202-456-1111
        • Feb 2001
        • 14831

        #4
        Originally posted by TomsPics
        Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]
        Go do some quick research on a method called , "The Dogs of the Dow."

        I'm currently studying, and it makes a lot of sense. We're in cash right now, saving up for the next bull run. When things bottom and look like they'll be going up we'll buy in. You couldbuy in now, and get in while everything is rock bottom, but a lot of people don't have that kind of mentality.

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        • Joe Sixpack
          So Fucking Banned
          • Jul 2002
          • 3793

          #5
          Originally posted by RedShoe

          We're in cash right now, saving up for the next bull run. When things bottom and look like they'll be going up we'll buy in. You couldbuy in now, and get in while everything is rock bottom, but a lot of people don't have that kind of mentality.
          I suspect the next bull run is going to be a long time coming.

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          • RedShoe
            赤い靴 call me 202-456-1111
            • Feb 2001
            • 14831

            #6
            And when it does... will you be ready?

            SPECIALTY COSTUMES • PROPS • FX
            Superheroes • Monsters • Robots
            PM for details


            For any manufacturing needs. Adult or otherwise.

            aka BonsHigh on Insta
            Bonsai weed plants


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            • TomsPics
              Confirmed User
              • Aug 2002
              • 498

              #7
              Originally posted by Joe Sixpack


              I suspect the next bull run is going to be a long time coming.
              This isn't made for quick money :] The bull will take awhile specially with bush in office, but im in it for the long run.
              ICQ: 8218548

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              • Joe Sixpack
                So Fucking Banned
                • Jul 2002
                • 3793

                #8
                Originally posted by RedShoe
                And when it does... will you be ready?
                I follow the market daily. I'm always ready.



                But this is not looking good... looks like the DOW just formed a double top and is on the way down...

                Uncertainty is not a good thing for the market.

                Bull runs need market confidence. Things are pretty gloomy at the moment.

                Comment

                • hershie
                  Confirmed User
                  • Jun 2002
                  • 4642

                  #9
                  for general investment coverage:

                  www.thestreet.com
                  www.marketwatch.com
                  http://finance.yahoo.com/
                  http://www.fool.com/

                  for small caps:
                  www.smallcapcenter.com

                  personally, i would not go out on a limb on any one investment strategy like "dogs of the dow", especially now when the "non-dogs" are also trading at historically low multiples...

                  Comment

                  • Dveron
                    Confirmed User
                    • Dec 2002
                    • 2794

                    #10
                    Very hard to pick a bottom...I would wait for some confirming market signals before buying into any rally.
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                    • FlyingIguana
                      aspiring banker
                      • Mar 2002
                      • 10870

                      #11
                      if you're investing for the long term i would get in now. if you wait till after the war, the market will have already started going up, depending on how long the war lasts.

                      Comment

                      • Joe Sixpack
                        So Fucking Banned
                        • Jul 2002
                        • 3793

                        #12
                        Originally posted by FlyingIguana
                        if you're investing for the long term i would get in now. if you wait till after the war, the market will have already started going up, depending on how long the war lasts.
                        Never try and catch a falling knife.

                        Ouch!

                        The DOW is going to go under 7000.

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                        • FlyingIguana
                          aspiring banker
                          • Mar 2002
                          • 10870

                          #13
                          Originally posted by Joe Sixpack


                          Never try and catch a falling knife.

                          Ouch!

                          The DOW is going to go under 7000.
                          if you wait for a bottom, you miss out on the best gains. i highly doubt we're at a bottom, but we could be.

                          Comment

                          • G Sharp
                            So Fucking Banned
                            • May 2002
                            • 1343

                            #14
                            Originally posted by TomsPics
                            Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]
                            Look into really big, established, profitable companies that pay dividends. Try MO [Philip Morris aka Altria - div payout is around 2.70] RJR [RJ Reynolds Nabisco - div payout is over $3 ] or GM [General Motors div payout is $2 ]

                            You can also try investing in insurance companies and reinsurers.

                            I used to trade in tech stocks before the Dot Bust, now I just follow Warren Buffett's advice--pick a solid company and HOLD for a long time.

                            Good luck!

                            Comment

                            • hershie
                              Confirmed User
                              • Jun 2002
                              • 4642

                              #15
                              Originally posted by G Sharp


                              Look into really big, established, profitable companies that pay dividends. Try MO [Philip Morris aka Altria - div payout is around 2.70] RJR [RJ Reynolds Nabisco - div payout is over $3 ] or GM [General Motors div payout is $2 ]

                              You can also try investing in insurance companies and reinsurers.

                              I used to trade in tech stocks before the Dot Bust, now I just follow Warren Buffett's advice--pick a solid company and HOLD for a long time.

                              Good luck!
                              GM was hit with a "sell" today by a major analyst. I like this strategy but only if you think we are in a longer term sideways market, as if the market is at/near bottom - it is not the dividend stocks that make major runs (in general) if the market is soon to move up again. But, I will gladly take the income/dividends while waiting out a new bull market.

                              Comment

                              • TomsPics
                                Confirmed User
                                • Aug 2002
                                • 498

                                #16
                                thanx for the information.. ill see what i can do with it :]
                                ICQ: 8218548

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                                • darnit
                                  Confirmed User
                                  • Jul 2001
                                  • 2439

                                  #17
                                  Invest in bond funds for now....sure its a low yeild but better than a loss...

                                  Wait till the war....once stocks plummet (which they will during a war) the buy buy buy! There will be i tidy little post war bump in the market once the war ends then sell sell sell!

                                  No easier way to make cash (porn excluded)

                                  good luck!

                                  Comment

                                  • FlyingIguana
                                    aspiring banker
                                    • Mar 2002
                                    • 10870

                                    #18
                                    Originally posted by darnit
                                    Invest in bond funds for now....sure its a low yeild but better than a loss...

                                    Wait till the war....once stocks plummet (which they will during a war) the buy buy buy! There will be i tidy little post war bump in the market once the war ends then sell sell sell!

                                    No easier way to make cash (porn excluded)

                                    good luck!
                                    you can't count on it being that easy.

                                    Comment

                                    • scorpion3600
                                      Confirmed User
                                      • Jan 2003
                                      • 623

                                      #19
                                      check out ICPT, ibill problems seem highly temporary, especially with a management change, also AED and DEO - alchohol will make money till kingdom cum!

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