In other words, when that happens, buy index funds?Originally Posted by Patler
HOFer
In other words, when that happens, buy index funds?
"Greatness is not an act... but a habit.Greatness is not an act... but a habit." -Greg Jennings
Buying an index fund is like saying I want to make slightly less than market returns. Either buy stocks or mutual funds whose managers have a history of getting higher than market returns after fee's.
As an aside once gold goes to 1250 I will start a small holding. I sold in July 2011 and prices are looking tempting.
Canadian REITs just went on sale and have attractive yields.
Last edited by Upnorth; 06-22-2013 at 10:38 AM.
Interesting situation now with AAPL. It will start popping up on screens for income investors. Annualized dividend yield is now above 3%.
Is a three % yeild worth investing in a company whose core business market share is under attack while also having trouble finding new markets? I would hold off on them a bit longer until just before their next product launch.
Also I am re thinking my 1250 gold statement. It came down in another rush and I am holding off until I see more price support above 1200. Im still bullish on REITs
As I wrote above, I have no intention to buy AAPL now, just mentioned the dividend because some income investors arbitrarily screen for =/+3%. AAPL was never even a consideration for them before. Strictly a growth play previously. It opens up a new pool of potential buyers.
Last edited by Patler; 06-28-2013 at 03:18 PM.
I read an article today that said many of the biggest gold mines have production costs of nearly $1200/oz. It could provide a floor for prices over a prolonged time frame.
That was why I want to see price support there, if there is none or little there could be a large spill over as Indians and Chinese re think there portfolio. Misunderstood you apple comment Btw before sorry.
Perception is a funny thing. Apple's market share is growing, not shrinking. The entire market in general is exploding, too, so Apple will continue to see massive growth.
My guy Pete is bearish on gold. He is long term bullish on AAPL (850 in 2014) but still waiting for it to turn around.
It's iPhone season. I would buy now. Why be greedy? It's, what, a 6 forward PE right now? That's robbing a fricking bank.
FB made some cash - Up like 40% since I posted that, then AAPL had a nice 10% climb in the past two weeks, too.
BTW.....>VERY PISSED AT MYSELF for not putting my money where my mouth was (I touted the company to investing friends and jumping in Z (Zillow) while in the 20's. Since I'm in that industry, not showing balls with that stock will probably haunt me forever((((
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
I sold my RDN for a profit of around 20%
I am concerned that with the Fed not investing in Mortgage Bonds the Housing Market is going to be in pain again soon. Nothing wrong with taking a profit and trying to find another gem. I also sold off my Bank of America (I hate the company but I bottomfeeded on this one when I bought) and EMC for a profit, and my BRCM for a loss. I wanted to have some available cash for the next month when I think some opportunities will come up to buy good companies at somewhat discounted prices on days the market tanks.
I've invested some money in ECOM; this one might be a Partial Special. It IPO'd this year and first earnings report really impressed me. It's highly speculative; a Bretsky specialty.....high risk...high reward.....who knows. I put money in about half my position.....plan on buying more by end of year
I am confident I want to invest in the following stocks over the next few months. Yahoo....new management is turning this company around, Facebook.....I am pissed at myself for not jumping in when I told me dad I was going to in mid 20's, EBAY (I think this one is fairly valued but I think they will spin off Pay Pal down the road and that IMO may be the future of billing, WWAV (food company who just had nice earnings and is in stage one of growth), and maybe MU (Micron Technologies)
I am intrigued by and still reading about ZNGA as a turnaround play now that they hired the Micrsoft Exec and he's cleaning some house and restructuring, but this one has been a dog.
KEEP IN MIND: this is kind of my play money and my investing style often leads to stocks that are home runs or strikeouts. I've got kids to put through college so my dream is these investments.....which function as my play money......I find one or two home runs. I am heavily vested in IRA's and 401K's so what I get out of my small stocks are a bonus.
At this point those are the birds I want to own by end of 2013 along with LULU, UA...UNDER ARMOUR , and AMAT...APPLIED MATERIALS...AND ECOM 9ChannelAdvisor.com).....whiich I will probably buy more soon).
I do think there are some great values out there, such as CSCO and even AAPL. But I'm not looking for a CSCO that will get you 20%. And while I'm confident AAPL will get you twenty percent over the next year.......this little portfolio is my lottery and I think it may take a while to double.
ANY IDEAS...............WOULD LOVE TO HEAR THEM !!!!!!
Last edited by Bretsky; 08-17-2013 at 02:09 PM.
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
Long with 155 shares of AAPL right now. Very confident in 650 and SOON. It's forming a gigantic cup on the chart. Technically, it is incredibly solid. Fundamentally, my opinion is it's very solid (low PE, high PEG though growth has slowed)
I agree AAPL is going up ...to the 600's....I'm just looking for multi baggers so I'm looking for the more gems
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
OK HOMIIEEEEES
What's hot and not with stocks ? I want to meet and have drinks with Patler. His last stock analysis in the Packer thread really impressed me. I thought he was going to just be a low risk value only guy. I was deal wrong
I HIT ONE and MISSED ONE by NOT SWINGING
UA...............DA HOODY GENIUS OF APPAREL.......BOOM.........UNDER ARMOUR
Have owned this one for a year; crushed estimates and up $20 bucks today. Not much to dislike about this stock
I told me dad he HAS TO BUY DAM FACEBOOK early summer; then when they crused earnings estimates the first time he asked if I was in cause it went up $8 that day
Now it's about $30 more and I keep waiting for pullbacks that just aren't FRICKING COMING............I was a LOSER on this one by not swinging
Any views on Facebook here ?
If Partial is still reading, I hope he sold his Apple and rolled it to Facebook or other stocks.........lots of nice profits lately
any BIOTECH GUYS???
Views on ISIS Pharmaceuticals ????? It is on my hitlist.
Also closely watching YELP and WDAY.
Would love to hear what others are doing
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
401Ks are the shit, man. I have been maxing mine out for 4 years, so inserted a total of 66K with like 3% of that coming from my employer. It's now valued at 98K. Baller as shit! I have put in zero effort managing this and it just grows and grows and grows!
I firmly believe that the 20s are the most important years of a person's life financially due to compound interest. Wife and I are both earning big bucks right now and pumping cash into the bank and house like mad. Goal is to pay off the 400K house by 32.
REVOLUTIONARY TECHNOLOGY ALERT
THE CLOUD
Anybody following Cloud Stocks ? Concur blew estimates away today. CNQR. Facebook as well. I've been watching WDAY (Workday) and YELP lately.
Any pimping ?
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
AAPL is going to 900 in 2014. Allegedly, it will bottom at 425 first. I'd get long soon. I told you FB was gonna double. I sold it too early.
I've been too busy with other stuff to trade a lot lately.
Read about Facebooks last earnings report and listen to the conference call. I'm thinking about swallowing my pride about not getting in earlier and finding an entry point.
I'll put my money there before APPL
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
I wouldn't. Check out @PeterGhostine on Twitter. He is the single best tech analysts I've seen. I intend to get back into Apple in the coming weeks and run it all the way up to 900. I'm trying to convince the wife to let me put 100K into it. I doubt she'll let me, though.
I want the home run. I owe 300K on my house. I want to pay the bitch off within a year or two. Leaving AAPL with 200K would be a pretty sweet and life changing event for me.
Whatever happened to paying off the mortgage in 30 years? To do so by age 30, man, that's impressive. You're da man, Partial. Capitalism has been kind to you. Better hope I don't conquer the world.
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