PIMPING STOCKS

[Upnorth]

In other words, when that happens, buy index funds?

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.

[Patler]

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.

That's the problem with index funds. My goal is to do better than the market as a whole. You can do that with market segment funds, but only if you know the segment very well.

I did fairly well with some US REITS the past year or so. while their dividends are still appealing, their prices have stagnated the last month or two, so I sold all of mine. If their prices decline, the nice dividend returns are eaten up quickly.

Gold does look like it could be an opportunity, doesn't it?

[SkinBasket]

A bit off topic, but the Dow dropped over 2% today supposedly due to investors worried about the Fed's plan to wind down their stimulus program. If the Fed feels the economy has strengthened enough that they can wind down the stimulus program, shouldn't that be greeted as good news?

The idea being that when you stop cooking the books with federal tax revenue and government purchases of bonds, the stock market is primed for another H-U-G-E correction. All this printed money via "quantitative easing" has been flowing into the market, creating a false economic indicator the administration can point to to tell everyone that their policies are working despite an undead economy, stagnant unemployment which is much higher than reported if approach the number honestly, and growth that would embarrass a third world garbage dump.

Our economy is being manipulated the same way others have been in recent history, and it doesn't end well. I would think you're safe investing while this administration is around to provide enough smoke and mirrors to hide the Great Wall of China, but not any longer. The can hasn't been kicked down the road, it's been kicked off the end of the earth, and at some point, we will have to answer for it. When we do, there's going to be a lot of Americans that just lost literally everything to the shell game being played by our government and others with the market.

In other words, while I'm not alarmist enough to call the money man and tell him to move our investments 100% into foreign currency, preferably Muslim, I sure as shit wouldn't be dumping additional money into this market, unless you're prepped to lose 50% or more in a heartbeat. but then again, I'm no investor.

[3irty1]

The idea being that when you stop cooking the books with federal tax revenue and government purchases of bonds, the stock market is primed for another H-U-G-E correction. All this printed money via "quantitative easing" has been flowing into the market, creating a false economic indicator the administration can point to to tell everyone that their policies are working despite an undead economy, stagnant unemployment which is much higher than reported if approach the number honestly, and growth that would embarrass a third world garbage dump.

Our economy is being manipulated the same way others have been in recent history, and it doesn't end well. I would think you're safe investing while this administration is around to provide enough smoke and mirrors to hide the Great Wall of China, but not any longer. The can hasn't been kicked down the road, it's been kicked off the end of the earth, and at some point, we will have to answer for it. When we do, there's going to be a lot of Americans that just lost literally everything to the shell game being played by our government and others with the market.

In other words, while I'm not alarmist enough to call the money man and tell him to move our investments 100% into foreign currency, preferably Muslim, I sure as shit wouldn't be dumping additional money into this market, unless you're prepped to lose 50% or more in a heartbeat. but then again, I'm no investor.

I figured you for more of a canned goods and ammo type investor.

[SkinBasket]

I figured you for more of a canned goods and ammo type investor.

I got my thumbs in all kinds of pies. And honestly, the market is the one I feel worst about, because everyone knows it can't last. Everyone knows it's artificially inflated. But outside of stocks, which are also being pushed by government policies of low interest rates, there aren't a lot of options for 401k and some other money we have, some of which is tied up by tax implications - again by government regulation. So like the rest of the sheep, I still leave a chunk there, knowing damn well I'm going to regret it when the market corrects and loses 30-50% of it's fake value. I guess I'm kind of stupid that way.

[Upnorth]

That's the problem with index funds. My goal is to do better than the market as a whole. You can do that with market segment funds, but only if you know the segment very well.

I did fairly well with some US REITS the past year or so. while their dividends are still appealing, their prices have stagnated the last month or two, so I sold all of mine. If their prices decline, the nice dividend returns are eaten up quickly.

Gold does look like it could be an opportunity, doesn't it?

I have been encouraging clients to move towards consistent dividend, ride out the short term insanity and use dividends to repurchase at a lower price. Or if they are really fearfull go money market for the next 30+days and get back at it.

[Upnorth]

I got my thumbs in all kinds of pies. And honestly, the market is the one I feel worst about, because everyone knows it can't last. Everyone knows it's artificially inflated. But outside of stocks, which are also being pushed by government policies of low interest rates, there aren't a lot of options for 401k and some other money we have, some of which is tied up by tax implications - again by government regulation. So like the rest of the sheep, I still leave a chunk there, knowing damn well I'm going to regret it when the market corrects and loses 30-50% of it's fake value. I guess I'm kind of stupid that way.

Canada is ready for a big real estate correction, much like yours in 2008-2009 (maybe not quite so bad) which is why we sold all non argicultural real estate in April. We put it short term in the bond market, whoops, in the first 2 weeks we were up 2%, then lost 2.5% in the next 15 days. From a global perspective USA has some of the best investment stability right now, which does not say alot.

[Patler]

Follow @PeterGhostine. Best stock guy on the web. My advice: Buy AAPL. You're paying 50 cents for something that is worth a dollar. Peter is getting very bullish about Apple. Me? I recently bought Panera on Pete's adviec at 165 and sold at 192. Nice little flip in two or three weeks. Peter has Apple hitting 550 is the next few months and 850 before the end of 2014. Fundamentally, it's the strongest company in the world with a PEG at .5ish. PE is dirt cheap, too. Technically, trading volume is picking up and the 50 day moving average is about to jump up significantly as the 300s are falling off the trend line. I'm bullish.

FB is fricking cheap. Peter has a target of 32 on it. Not sure if that still applies as they have been getting hammered + all the privacy stuff. 32 - 23 = 9. 9/23 is 40%. 40% gain is solid.

I have been bullish on AAPL but I'm taking a wait and see approch now. I would personally buy FB before AAPL; I have been pondering that one for a couple months and I think it offers huge upside

AAPL continues to fall. Two straight closes under $400.

From its high of $700 last September, AAPL's trading chart shows consistently lower highs and lower lows in the steady decline from $700. NASDAQ goes up, but AAPL goes down. At some point I will probably buy AAPL again, but not yet. No matter what the financial analysts say about a stock, ultimately, the market determines its price. AAPL has fallen from almost everyone's favorite to a stock many investors loath. People look at AAPL as a "loser" for them even though they made money on it, because they held on and ended up selling so far off it's high.

The market still dislikes AAPL. As long as it does, the stock will continue lower. I will wait.

[Patler]

Interesting situation now with AAPL. It will start popping up on screens for income investors. Annualized dividend yield is now above 3%.

[Upnorth]

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

[Patler]

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.

[Patler]

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

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.

[Upnorth]

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.

[call_me_ishmael]

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

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.

[call_me_ishmael]

In other words, while I'm not alarmist enough to call the money man and tell him to move our investments 100% into foreign currency, preferably Muslim, I sure as shit wouldn't be dumping additional money into this market, unless you're prepped to lose 50% or more in a heartbeat. but then again, I'm no investor.

I disagree with you. SPX is going up. 1800 soonish. Check out Scott Redler on Twitter. He's an SPX/SPY magic man.