Serious stock thread: Let's talk turkey.
 

Now is looking like a pretty good time to invest,

I am thinking long term, some stocks are just so fucking low right now:

Ford
GM
GE
Wachovia

Even if they loose some ground here shortly, long term they are still looking real good.

I am not a big investor, nor do I know much on the subject except once they are so low.. there is only so much room for loss/error.

I really listen to the people on this board who know what they are talking about, and I feel this is a subject that could be better explored by the GFY experts.

So let's hear some advice on how a newbie to the stock market like myself could cash out in the upcoming year(s).

Much appreciation.

GM and GE should be good. There is another war on the horizon and their stocks should go up and/or they will recover sometime.

I would be careful with wachovia.. I got burned on washington mutual.. I like Ge for its dividends

It's looking like if your going to make a move, it better be soon (mon, tues) before they start on the up trend again.

Question,

when is the best time to buy?

Also,

is it better to have an investment broker or do it yourself?

INPUT, MORE INPUT.. "Johnny 5".

I wasn't kidding about getting a lot of valuable advice from the GFY experts, your input is extremely valuable and highly praised.

Fine minds, let's hear the consensus :)

Much obliged.

By the way,

I'm sure this a question that lot's of people would like to know as non-experts.

What does it take for you to lose everything on a stock, meaning what does it take for a stock to hit 0.

I wouldn't be inveseting based on fear of missing out on a bargain.

I would say energy companies is the best bet.

I picked up some GE at $18.75 today. Also picked up some BAC. Im keeping an eye a couple of natural gas and energy companies right now on my watch list.

I wouldn't bet on a continuous uptrend so don't rush your investment. Diversification is also very important. We are far from being over this roller-coaster ride. You have to be an investor, not a gambler or speculator. Invest wisely, look at charts, market caps, PE ratios, morningstar ratings, market share, and so on. Buying a stock because it's a 52 week low or close to is also not the best way to evaluate.

Good observation, that is kind of where I'm at.

I simply can't foresee another opportunity like this coming around for a while.

With stocks this low, you don't have to be a genius to make some money right now, just depends on how much you really want to make.

I am a firm believer of you only get x many opportunities to capitalize in your life, I feel as if this is one of those opportunities and i do not wish for it to be a missed one.

Especially with the the adult business being on the rocky side of things at the moment. I mean i'm in the process of switching sponsors right now and it's extremely difficult to gauge which direction to go in due to the traffic tests not being viable.

Good stuff, thanks buddy.

Keep it up fellas, this thread will prove very useful for the "right" people.

Can't thank you enough.

I would also look into the S&P500 fund.. I have one with vanguard so if you dont want to worry about 1 company going under

Question ... is the bad news over ... I'm not putting a dime back until I think all sinking ships have in fact sunk.

The inflation has not started yet, so no the sink has not sunk.

Good advice,

I really was going to most likely put the majority on one stock.. thread already delivers.

Any personal favorites or thoughts about the stocks listed above?

WB (wachovia)
GE (general electric)
GM (general motors)
Ford

?

Well I bet many have this same very question, but here is what id like to break down and talk about:

a) many say that the opportunity is now and it will start going back up soon.

Well are they saying the dow will simply start going up up up and within a month we will be at say 10,000 or 11,000?

b) Credit card companies have not really noticed the huge effect this will have on them, unlike a home loan where you must pay the entire amount a credit card you can make small monthly min. payments that add up overtime to bigger and bigger payments, when will these companies start doing serious write down on bad credit card debt especially as in the past 10 years getting a few cards with a total of 50-100k in credit lines was not uncommon at all.

c) Jobs are bad in this country when shit like this happen companies just cut back on employees even those with cash who can afford them (i.e. ebay), will they simply start rehiring everyone because the dow is going up?

I dont know much, im more of a plain thinker, im sure there is more to this market than I can grasp but those are my concerns to the negative.

But here is why I feel we might have a big run up.

Almost every expert agrees that a huge amount of selling this week was out of fear, back in the day the biggest danger to the financials was people getting worried and making a run on the bank, running to get their cash out.

Back in the day for example in 87 the crash was over a 2 day period, meaning the major drops, this week we had a whole week pretty much that killed.

Can it be that because we have millions of people with td ameritrade and scott-trade and etrade account that this in turn created a "run on the market?"

Now using this same thinking will these people now have the same fear on the way up where they fear missing out and they will start buying?

I'm also definitely staying away from retailer stocks, this holiday season is going to be brutal on retailers and that's usually when they make the bulk of their revenue.

Wachivia? LOL!

AHahahhahah!

The reason the stocks went down so much this week was because big Mutual Funds took their money out of stocks and moved in to bonds and metals.

If you're talking stock, turkey, or even just soup; it seems that Campbells has been a pretty big winner.