Buy Gold instead.

I'm putting 50k into the stock market. When to buy?
 

How far do we still have to go?

What would you buy?

Of course I'm going to do it through a company and they will have advice, but I want to have some things that I'm interested in before I go to them.

What would you buy?


I been watching Mad Money with that Cramer guy.


When will we hit bottom. I'm guessing through January shit is gonna be fuxored. Maybe longer.

Question is when does it all hit bottom so we can start rebuilding?

Yes, but what goes down must come up. Eventually.

Colin talks a good game and he's very smart - that doesn't guarantee anything but he says he's been buying bargains today.

buy a solid company with solid products - Apple or Google - those are what i'd buy and hang on to them.

Talk to your investor. There are some good deals out there.

buy low sell high

hi my name is penis...take a close look at me:)



http://www.prohealthsys.com/physical...rmal-penis.jpg

buy my soul

yah im looking at google. RIM looks to be a good one too. as they fall, they surely will rebound when the time comes to where the markets stabilize and shit gets under control.

Why through a "company"?
I started with TD Ameritrade year or so ago. The company I had used before then, even with their advice did not perform that well above what is considered average. Figured I would take the chance and try it on my own for awhile and I did above average even with a loss here and there. Ended my relationship with the company several months ago and have been purely self investing via TD Ameritrade.

I also do not really day trade at all. I have done a few quick trades but that is not representative of my outlook or portfolio or whatever you would call it. At least 75% of my money in stocks is in very long term investment stocks. My Roth IRA fund is a mix of medium to medium high risk funds, which I also max out each year for tax purposes.

Sorry drifted, back to the point at hand. Why would you use a company?
As a stock this may sound totally counter productive and silly with the market. Yet I have been investing a bit into my local banks stocks. Right now they are down some as is most of the financial sector. However they only did loans on triple A prime, and never did any sub prime lending at all. They have always been posting profits and so forth. So even though I am down cash right now because they are, I am buying up more.

I am also good with some tech stocks, some energy stocks, several food/beverage stocks, defense contractors, and a few more. Not sure if it is normal or not but I do seem to notice I buy a lot of stocks based on companies that I also use or buy. Such as Coca Cola, Campbell's, and whatnot.

Call Richard S. Fuld Jr.

http://money.cnn.com/2006/04/10/news...1706/index.htm

Lehman Brothers: A super-hot machine

How CEO Dick Fuld transformed the notoriously fractious firm from Wall Street also-ran to global powerhouse.

Lehman Brothers, a 156-year-old firm that has had numerous brushes with death is now enjoying its greatest run ever. Richard S. Fuld Jr., 59, took over the notoriously fractious Lehman Brothers 13 years ago, when it was a forgotten subsidiary within the rat's nest that was Shearson/American Express. Driven partly by those who dismissed him and his firm as second- or even third-rate, Fuld transformed Lehman from Wall Street weakling to global powerhouse.

Consider this: When Lehman went public in 1994, it had only $75 million in earnings, with a paltry return on equity of 2.2%. Fast-forward to 2005, and the turnaround is breathtaking: Lehman (Research) booked $32 billion in revenues, $3.2 billion in profits, and hit 19.4% in return on equity. Over the past decade Lehman's stock is up 29% per annum on average, highest of any major securities firm and 16th best among the FORTUNE 500.

was that pic really necessary?

I did this a few days ago... wish I had waited... :(

good advice. i think i will icq you when i'm ready. hehe.

:winkwink:

no...sorry I was just in the mood...please continue with stocks instead of penis pictures

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

GE: http://www.mercurynews.com/ci_106102...ce=most_viewed

:)

iShares S&P U.S. Preferred Stock (PFF)

Posted this thread, yesterday.
fucking-around-and-business-discussion/860517-positive-investment-news-ishares-preferred-stock-pff-stands-11-5-a.html

Yes, Gold. Forget about stocks for now. Gold WILL reach $2,000 an ounce at least :2 cents:

Ya feel free to hit me up or call, almost whatever. (no farm animals though :winkwink:)

Gold will reach $50,000 in 2100, buy now! Don't miss this incredible opportunity!

Gold was last year. So glad I did that.
Also still strongly feel that gold should not represent more than 10 to 15% maximum of ones portfolio, unless you particularly like living on the edge and are OK with wild swings and possibly loosing or gaining a fortune.

I personally am not "young" anymore. I am in my late 30's and have moved more to medium and lower risk options. I am not at the age anymore where I can have the time to rebuild it all if tragedy happens. My higher risk is now down to roughly 12%.

I think investing in stocks right now is a HUGE risk. Worst case Gold is a safe haven.

When Gold goes past $2,000 I look forward to telling you all, "I told you so". :pimp

Yeah, you are a smart ass, maybe you need to talk to all GFYers who got burnt shorting the USD this year. :)

I look forward to your silence.

I'm surprised to see how many people are into gold in what looks to be a deflationary economy. The play seems to be a coin flip. There is a chance we have rapid inflation and you make a killing on gold, but also we just have some deflation and gold gets whacked. Deep recessions and depressions tend to be deflationary.

Maybe I'm wrong, but it just seems like a coin flip.

The "market" isn't a great way to look at it. Look at individual companies on the rise.

What's your goal? Long term wealth, short term in and out?
Pepsi/coke etc are companies that will never die. I invested a bit in them and they will continue to grow for 20 years when you want to retire.

If you want wham bam thank you mam ... still depends on the individual stocks and what they do.

I personally think the bottom will hit at around 7600. At that point all consumer confidence will be gone and those houses on the market will be sold for DIRT. I would buy as much real estate as possible at that point and expect it to be 5-7 years for it to recover. But you'll do well.

When gold goes past 2,000 (doubt it). I still would of had 10% of my portfolio in it that was purchased last year around 640.00. It it all works out for you though, brilliant. I also will be very happy.

long term baby!!!!!!!!!

Me personally I am looking into Delta Airlines (DAL) since I know the inner workings being that brother is a pilot and know all the dirty laundry. Currently going through 2-3 rounds of furloughing pilots and an upcoming merger with northwest once they figure out how to merge 2 pilot unions they will be growing again and in the black. Plus the main reason they want to merge with northwest is they have most of the routes to asia and australia.

Stock is sub $5, I also like Flowers.com stock on a more seasonal note right now is a nice time to buy and hold till late febuary for a nice return on a 4-5 dollar stock which reachs 8-12 every year..

But I would wait another week.

I wasn't one of them. I was invested in stocks. Cashed out with a 91% return and put it in Gold. So far I'm up about 40%. In the last 2.5 years I've made almost $500,000 profit from this.

I still think it's risky to jump in. There are a ton of unknowns still and we are just figuring out how deep this thing really ran. The Fed has done a massive bailout, lowered interest rates, flooded the markets with liquidity and a slew of other things. None of it has stopped this downward trend. They will eventually run out of bullets.

But if you get in, I'd stick with consumer staples that aren't likely to get whacked in the market. I think Wal-Mart is going to have a huge Christmas as people will go from the big department stores to them to save a few bucks. Grab a big Pharm stock like Pfizer or Abbot that provides a nice yield. Kraft, Coca-Cola, Proctor and Gamble, Johnson and Johnson, Altria are solid picks with good yields too. They have clean balance sheets and deal in industries that likely won't be hurt by the recession.

I still am not sold on GOOG and RIMM at the moment. Advertising budgets are always first to get hit during recessions and that will hurt Google's growth. RIMM has some major competition now and their R&D spending is simply too high.

As someone else mentioned, just do it yourself. Unless someone is giving you phenomenal advice, it's not worth it. A Scottrade account is free and costs $7 for trades. Do some research, pick some stocks you are comfortable with and that will ride out this storm. As you get more accustomed to things, you can get a little riskier with your picks. Just my $0.02.

Timing the market is a mugs game. Buy stock in solid companies that have been hammered with everything else and are now trading at outrageously small multiples. Bargains like this haven't been seen in a generation; Over the long term you're going to make a killing.

i'm probably gonna go with long term minimum risk stuff. i dont know enough about it to play poker with my money.

Good post but I disagree with the RIMM comment. I won't get into all the reasons but I'm of the opinion that both Rim and Apple are going to be feasting on moto, palm, lg, and samsung market share over the next year. I put some money into it this week and feel extremely confident it will pay off over the next year or two.

i have looked at gold before, where do/did you buy from? do you hold it in your own deposit or do they hold it for you? i am kinda worried about the gold traders who hold the gold for you.. to me possession is safe.

i strongly believe Apple, RIM(blackberry), and Google are going to control the cell phone market with their devices that are now at the top of the game. Iphone, Storm, and G1 are going to dominate the cell market for several years to come.

I think they are great investments, but of course like everyone else i want in at the very bottom on them too.
or the lowest i possibly can.

Market drops another 600 points.. maybe now is not the time to be entering :) Give it a few more days :)

It's funny how everybody is now a stock expert, and know when the market will bottom.
2 weeks ago most people didn't even follow the stock market.

Guys who were affiliate managers 2 years ago now talk with confidence like they were making billions of this shit.

I love GOOG right now. I'm shorting it (buying puts) and up 275%. YHOO is another great one I'm shorting. In the short term, I think we will continue down a bit. Nothing is corrected yet. Not until major companies release positive earnings will it start to rebound.

I purchased it all at market value in bullion (small bars) from our pawnbroker place, they are more than that though like they still pay prospectors for gold out of the rivers, so forth. It is all held in a safety deposit box for the most part.

I wish I had that much. I just invest long term and do not pretend like I know it all. I do know that in reality nobody knows the market at such levels.

http://finance.google.com/finance?q=v

is trading at its ipo price right now.. interested to see if this thing will go down even more.. imho this is a great stock thats taking a beating right now..

Russian oil and gas stocks!!!

pork bellies!!!!!!!!!!!

I'm not talking about you with that statement, you don't come arround as beeing a cocky 'know it all' guy. You just give your opinion from personal experiences. That is okay.

Some guys in this thread and others about the market and the credit crisis are talking about the stock market and they haven't put 1000 $ in it yet.

Of course! I have billions in stock just like every other person in here... :2 cents:

who are you referring to?

Wait till the election is over.

If Obama win's I would go for reneweable energy companies and services.
If McCaine Wins... Well take that money and leave the country.

I will be moving to Brazil if McCaine wins.