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Hey, smart money people, WWYD with 60k right now investment wise?
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"You're all very smart, and I'm very dumb." - Partial -
Pay off my mortgage.I can't run no more
With that lawless crowd
While the killers in high places
Say their prayers out loud
But they've summoned, they've summoned up
A thundercloud
They're going to hear from me - Leonard Cohen -
Strip club. You are investing in a person's futureComment
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AAPL. Just saw a 12 month estimate at 610 USD. It's at 385 right now.Originally posted by SkinBasket View PostComment
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Come on, I wanted the smart people to answer..."You're all very smart, and I'm very dumb." - PartialComment
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Here's a boring answer:
large cap stocks with high dividend yields and good cash flow. Collect the dividend while you wait for the growth.......puts a floor on downside too.After lunch the players lounged about the hotel patio watching the surf fling white plumes high against the darkening sky. Clouds were piling up in the west… Vince Lombardi frowned.Comment
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Did you send Tyrone a PM?Originally posted by SkinBasket View PostI can't run no more
With that lawless crowd
While the killers in high places
Say their prayers out loud
But they've summoned, they've summoned up
A thundercloud
They're going to hear from me - Leonard CohenComment
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Your fascination with AAPL is blinding, isn't it?Originally posted by Partial View Post
The frustrating thing is that the $600/share estimate is not new, but they keep moving back the "expected by" date. To get to $610, AAPL would increase about 60% from its current price of around $385, but would have to increase around 50% from its high. It has a lot of new territory to go through to get to $600. I think there are other stocks that can do just as well, some of which will also kick in a nice dividend that AAPL does not. Stocks that have been unfairly punished over the last couple months.
I will continue to hold my AAPL stock, but doubt that I will be adding to it. I think there are "better buys" out there. Stocks that could return nearly 50% just by recovering to their recent highs of this year, from which they had been expected to gain 10%-20% just a couple months ago. There were no reasons for some of these stocks to have declined as much as they have, other than just the general market sell off.Comment
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Skin, buy a home or two and rent 'em. You would make a great slum lord."Never, never ever support a punk like mraynrand. Rather be as I am and feel real sympathy for his sickness." - WoodbuckComment
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You should totally PM me an example or two... for research.Originally posted by Patler View Post"You're all very smart, and I'm very dumb." - PartialComment
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I'm already a slum lord of my own home. Just not enough glory in it for me. No one recognizes my achievements.Originally posted by mraynrand View Post"You're all very smart, and I'm very dumb." - PartialComment
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OK. How about some emerging market Vanguard funds? You can mix in some safer stuff from Vanguard like Howie mentioned if you're a pussy.Originally posted by SkinBasket View Post"Never, never ever support a punk like mraynrand. Rather be as I am and feel real sympathy for his sickness." - WoodbuckComment
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I can buy that kind of shit on Scottrade can't I?Originally posted by mraynrand View Post"You're all very smart, and I'm very dumb." - PartialComment
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even from onboard the Scottrade helicopter, I'm told.Originally posted by SkinBasket View Post"Never, never ever support a punk like mraynrand. Rather be as I am and feel real sympathy for his sickness." - WoodbuckComment
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A home OR TWO for $60K??? Are you kidding??? You can barely sneeze at one mortgage for that.Originally posted by mraynrand View Post"Greatness is not an act... but a habit.Greatness is not an act... but a habit." -Greg JenningsComment
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